Is MPWR or NOW cheaper?

On trailing earnings, NOW is cheaper: MPWR trades at a 113.72 P/E and NOW at 60.80.

Which has grown faster, MPWR or NOW?

Over the past five years, MPWR grew revenue faster — MPWR at a 25.95% CAGR versus NOW at 23.64%.

Does MPWR or NOW pay a bigger dividend?

MPWR pays a dividend (0.42% yield) while NOW does not currently pay one.

Is MPWR or NOW more profitable?

MPWR runs the higher net margin — MPWR at 22.84% versus NOW at 12.59%.

Which has been the better investment, MPWR or NOW?

Over the past 10-year, MPWR delivered the higher annualized total return — MPWR at 37.85% versus NOW at 21.29%. Past performance doesn't predict future results.

Monolithic Power Systems, Inc. (MPWR) vs ServiceNow, Inc. (NOW)

NOW leads on 9 of 15 compared metrics.

A side-by-side comparison of Monolithic Power Systems, Inc. and ServiceNow, Inc. across valuation, profitability, dividends, and growth — built entirely from reported fundamentals, as of June 14, 2026. The ● marks the stronger figure on each row (cheaper multiple, higher margin/return).

MPWR

Monolithic Power Systems, Inc.

Total return — MPWR vs NOW

growth of $100 · last 14y

MPWR +7846.2%NOW +1976.2%MPWR compounded faster

MPWR NOW

MPWR vs NOW: by the numbers

•NOW is the larger company ($105.35B vs $77.49B market cap).
•NOW trades at the lower earnings multiple (60.80 vs 113.72 P/E).
•MPWR converts more revenue to profit (22.84% vs 12.59% net margin).
•MPWR grew revenue faster over the past five years (25.95% vs 23.64% CAGR).
•MPWR pays a dividend (0.42% yield) while NOW does not currently pay one.

Which is better, MPWR or NOW?

Metric tally: MPWR 6 · NOW 9

It depends on what you're optimizing for:

ValueNOW(lower P/E)

GrowthMPWR(faster 5Y revenue CAGR)

QualityMPWR(higher ROIC)

Valuation

Metric	MPWR	NOW
P/E ratio	113.72	60.80●
Forward P/E	52.57	20.19●
P/S ratio	26.27	7.61●
P/B ratio	21.12	9.06●
PEG ratio	4.00	4.05
EV / EBITDA	87.05	32.83●
FCF yield	0.81%	4.36%●

Profitability

Metric	MPWR	NOW
Gross margin	55.18%	76.56%●
Operating margin	27.09%●	13.44%
Net margin	22.84%●	12.59%
ROE	18.37%●	14.98%
ROIC	15.30%●	8.98%

Dividends

Metric	MPWR	NOW
Dividend yield	0.42%	—
Payout ratio	52.11%	—

Growth (annualized)

Metric	MPWR	NOW
Revenue CAGR (5Y)	25.95%●	23.64%
EPS CAGR (5Y)	28.43%	69.74%●
FCF CAGR (5Y)	22.36%	24.23%●
Total return CAGR (5Y)	36.32%●	0.51%

Frequently asked

Which is better, MPWR or NOW?: It depends on your goal. value: NOW (lower P/E); growth: MPWR (faster 5Y revenue CAGR); quality: MPWR (higher ROIC). Across all compared metrics, NOW leads 9 to 6.
Is MPWR or NOW cheaper?: On trailing earnings, NOW is cheaper: MPWR trades at a 113.72 P/E and NOW at 60.80.
Which has grown faster, MPWR or NOW?: Over the past five years, MPWR grew revenue faster — MPWR at a 25.95% CAGR versus NOW at 23.64%.
Does MPWR or NOW pay a bigger dividend?: MPWR pays a dividend (0.42% yield) while NOW does not currently pay one.
Is MPWR or NOW more profitable?: MPWR runs the higher net margin — MPWR at 22.84% versus NOW at 12.59%.
Which has been the better investment, MPWR or NOW?: Over the past 10-year, MPWR delivered the higher annualized total return — MPWR at 37.85% versus NOW at 21.29%. Past performance doesn't predict future results.

Go deeper

Full MPWR analysis Full NOW analysis Interactive comparison tool

Dig into the metrics

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

Monolithic Power Systems & ServiceNow appear in these rankings

Fastest Revenue Growth Stocks Highest FCF Yield Stocks Best 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 June 14, 2026.