Cloudflare, Inc. (NET) vs ServiceNow, Inc. (NOW)
A side-by-side comparison of Cloudflare, Inc. and ServiceNow, Inc. across valuation, profitability, dividends, and growth — built entirely from reported fundamentals, as of September 13, 2026. Differences are shown without an overall score or investment verdict.
NET
Cloudflare, Inc.
$306.53TechnologyDelayed quote: Sep 11, 2026, 4:02 PM EDT
NOW
ServiceNow, Inc.
$132.53TechnologyDelayed quote: Sep 11, 2026, 4:00 PM EDT
Total return — NET vs NOW
growth of $100 · dividends reinvested · last 7yNET +1602.9% (+49.9%/yr)NOW +163.0% (+14.8%/yr)NET compounded faster over this window
Log scale — wide-divergence pair
NET NOW
NET vs NOW: by the numbers
- •NOW is the larger company ($137.02B vs $108.80B market cap).
- •NOW is profitable (11.34% net margin) while NET runs a net loss (-8.21%).
- •NET grew revenue faster over the past five years (36.49% vs 23.29% CAGR).
Metrics side by side
Valuation
| Metric | NET | NOW |
|---|---|---|
| P/E ratio | N/A | 82.83 |
| Forward P/E | 243.00 | 32.55 |
| P/S ratio | 43.31 | 9.30 |
| P/B ratio | 67.16 | 10.95 |
| EV / EBITDA | N/A | 51.97 |
| FCF yield | 0.35% | 3.34% |
Profitability
| Metric | NET | NOW |
|---|---|---|
| Gross margin | 72.58% | 74.77% |
| Operating margin | -14.11% | 11.40% |
| Net margin | -8.21% | 11.34% |
| ROE | -12.73% | 13.34% |
| ROIC | -6.90% | 5.54% |
Growth (annualized)
| Metric | NET | NOW |
|---|---|---|
| Revenue CAGR (5Y) | 36.49% | 23.29% |
| EPS CAGR (5Y) | N/A | 69.74% |
| FCF CAGR (5Y) | N/A | 24.63% |
| Total return CAGR (5Y) | 19.17% | 0.45% |
Frequently asked
- Which has grown faster, NET or NOW?
- Over the past five years, NET grew revenue faster — NET at a 36.49% CAGR versus NOW at 23.29%.
- Is NET or NOW more profitable?
- NOW runs the higher net margin — NET at -8.21% versus NOW at 11.34%.
- How have NET and NOW total returns compared?
- Over the past 5 years, NET delivered 19.17% and NOW delivered 0.45% annualized total return. Past performance doesn't predict future results.
Go deeper
Dig into the metrics
ServiceNow P/E ratioCloudflare ROEServiceNow ROECloudflare operating marginServiceNow operating marginCloudflare revenue growthServiceNow revenue growthCloudflare free cash flowServiceNow free cash flow
Cloudflare & 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 September 13, 2026.