Which has the lower trailing P/E, CDNS or NOW?

CDNS has the lower trailing P/E: CDNS trades at 66.16 and NOW at 72.35. P/E is one valuation measure and does not by itself establish which business is cheaper.

Which has grown faster, CDNS or NOW?

Over the past five years, NOW grew revenue faster — CDNS at a 15.04% CAGR versus NOW at 23.29%.

Is CDNS or NOW more profitable?

CDNS runs the higher net margin — CDNS at 23.61% versus NOW at 11.34%.

How have CDNS and NOW total returns compared?

Over the past 10 years, CDNS delivered 30.05% and NOW delivered 22.69% annualized total return. Past performance doesn't predict future results.

Cadence Design Systems, Inc. (CDNS) vs ServiceNow, Inc. (NOW)

A side-by-side comparison of Cadence Design Systems, Inc. and ServiceNow, Inc. across valuation, profitability, dividends, and growth — built entirely from reported fundamentals, as of July 30, 2026. Differences are shown without an overall score or investment verdict.

CDNS

Cadence Design Systems, Inc.

$91.59B

$332.08TechnologyDelayed quote: Jul 30, 2026, 11:00 AM EDT

NOW

ServiceNow, Inc.

$112.59B

$108.90TechnologyDelayed quote: Jul 30, 2026, 11:00 AM EDT

Total return — CDNS vs NOW

growth of $100 · dividends reinvested · last 14y

CDNS +3072.2%NOW +2252.8%CDNS compounded faster

CDNS NOW

CDNS vs NOW: by the numbers

•NOW is the larger company ($112.59B vs $91.59B market cap).
•CDNS trades at the lower trailing earnings multiple (66.16 vs 72.35 P/E), one valuation lens rather than an overall verdict.
•CDNS converts more revenue to profit (23.61% vs 11.34% net margin).
•NOW grew revenue faster over the past five years (23.29% vs 15.04% CAGR).

Metrics side by side

Valuation

Metric	CDNS	NOW
P/E ratio	66.16	72.35
Forward P/E	40.93	28.43
P/S ratio	15.67	8.15
P/B ratio	13.34	6.42
PEG ratio	14.86	4.04
EV / EBITDA	46.07	57.79
FCF yield	1.83%	3.82%

Profitability

Metric	CDNS	NOW
Gross margin	88.50%	74.77%
Operating margin	30.83%	11.40%
Net margin	23.61%	11.34%
ROE	20.09%	8.93%
ROIC	14.11%	8.98%

Growth (annualized)

Metric	CDNS	NOW
Revenue CAGR (5Y)	15.04%	23.29%
EPS CAGR (5Y)	13.62%	69.74%
FCF CAGR (5Y)	15.03%	24.63%
Total return CAGR (5Y)	17.95%	-0.26%

Frequently asked

Which has the lower trailing P/E, CDNS or NOW?: CDNS has the lower trailing P/E: CDNS trades at 66.16 and NOW at 72.35. P/E is one valuation measure and does not by itself establish which business is cheaper.
Which has grown faster, CDNS or NOW?: Over the past five years, NOW grew revenue faster — CDNS at a 15.04% CAGR versus NOW at 23.29%.
Is CDNS or NOW more profitable?: CDNS runs the higher net margin — CDNS at 23.61% versus NOW at 11.34%.
How have CDNS and NOW total returns compared?: Over the past 10 years, CDNS delivered 30.05% and NOW delivered 22.69% annualized total return. Past performance doesn't predict future results.

Go deeper

Full CDNS analysis Full NOW analysis Interactive comparison tool

Dig into the metrics

Cadence Design Systems P/E ratio ServiceNow P/E ratio Cadence Design Systems dividend yield ServiceNow dividend yield Cadence Design Systems ROE ServiceNow ROE Cadence Design Systems operating margin ServiceNow operating margin Cadence Design Systems revenue growth ServiceNow revenue growth Cadence Design Systems free cash flow ServiceNow free cash flow

Cadence Design Systems & ServiceNow appear in these rankings

Fastest Revenue Growth Stocks Highest Operating Margin Stocks Highest 10-Year Total Return Stocks

Figures are sourced from reported fundamentals and the latest end-of-day price. This comparison is informational only and is not investment advice. Past performance does not predict future results. See our methodology. Compiled by TGMCharts Research · data verified July 30, 2026.