Salesforce, Inc. (CRM) vs ServiceNow, Inc. (NOW)
A side-by-side comparison of Salesforce, 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.
CRM
Salesforce, Inc.
$177.45TechnologyDelayed quote: Jul 30, 2026, 11:05 AM EDT
NOW
ServiceNow, Inc.
$108.14TechnologyDelayed quote: Jul 30, 2026, 11:05 AM EDT
Total return — CRM vs NOW
growth of $100 · dividends reinvested · last 14yCRM +459.2%NOW +2252.8%NOW compounded faster
CRM NOW
CRM vs NOW: by the numbers
- •CRM is the larger company ($145.33B vs $111.80B market cap).
- •CRM trades at the lower trailing earnings multiple (21.83 vs 72.35 P/E), one valuation lens rather than an overall verdict.
- •CRM converts more revenue to profit (18.73% vs 11.34% net margin).
- •NOW grew revenue faster over the past five years (23.29% vs 13.89% CAGR).
- •CRM pays a dividend (0.91% yield), while NOW has no payments in the available dividend history.
Metrics side by side
Valuation
| Metric | CRM | NOW |
|---|---|---|
| P/E ratio | 21.83 | 72.35 |
| Forward P/E | 16.00 | 28.43 |
| P/S ratio | 3.83 | 8.15 |
| P/B ratio | 4.79 | 6.42 |
| PEG ratio | 1.24 | 4.04 |
| EV / EBITDA | 14.96 | 57.79 |
| FCF yield | 8.94% | 3.82% |
Profitability
| Metric | CRM | NOW |
|---|---|---|
| Gross margin | 77.64% | 74.77% |
| Operating margin | 21.94% | 11.40% |
| Net margin | 18.73% | 11.34% |
| ROE | 23.44% | 8.93% |
| ROIC | 8.76% | 8.98% |
Dividends
| Metric | CRM | NOW |
|---|---|---|
| Dividend yield | 0.91% | N/A |
| Payout ratio | 21.81% | N/A |
Growth (annualized)
| Metric | CRM | NOW |
|---|---|---|
| Revenue CAGR (5Y) | 13.89% | 23.29% |
| EPS CAGR (5Y) | 11.87% | 69.74% |
| FCF CAGR (5Y) | 21.18% | 24.63% |
| Total return CAGR (5Y) | -4.71% | -0.26% |
Frequently asked
- Which has the lower trailing P/E, CRM or NOW?
- CRM has the lower trailing P/E: CRM trades at 21.83 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, CRM or NOW?
- Over the past five years, NOW grew revenue faster — CRM at a 13.89% CAGR versus NOW at 23.29%.
- Does CRM or NOW pay a bigger dividend?
- CRM pays a dividend (0.91% yield), while NOW has no payments in the available dividend history.
- Is CRM or NOW more profitable?
- CRM runs the higher net margin — CRM at 18.73% versus NOW at 11.34%.
- How have CRM and NOW total returns compared?
- Over the past 10 years, CRM delivered 8.89% and NOW delivered 22.69% annualized total return. Past performance doesn't predict future results.
Go deeper
Dig into the metrics
Salesforce P/E ratioServiceNow P/E ratioSalesforce dividend yieldServiceNow dividend yieldSalesforce ROEServiceNow ROESalesforce operating marginServiceNow operating marginSalesforce revenue growthServiceNow revenue growthSalesforce free cash flowServiceNow free cash flow
Salesforce & ServiceNow appear in these rankings
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.