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 July 29, 2026. Differences are shown without an overall score or investment verdict.
NET
Cloudflare, Inc.
$270.37TechnologyDelayed quote: Jul 29, 2026, 4:00 PM EDT
NOW
ServiceNow, Inc.
$115.76TechnologyDelayed quote: Jul 29, 2026, 4:00 PM EDT
Total return — NET vs NOW
growth of $100 · dividends reinvested · last 7yNET +1367.2%NOW +119.5%NET compounded faster
Log scale — wide-divergence pair
NET NOW
NET vs NOW: by the numbers
- •NOW is the larger company ($119.68B vs $95.97B market cap).
- •NOW is profitable (11.34% net margin) while NET runs a net loss (-3.72%).
- •NET grew revenue faster over the past five years (37.27% vs 23.29% CAGR).
Metrics side by side
Valuation
| Metric | NET | NOW |
|---|---|---|
| P/E ratio | N/A | 69.14 |
| Forward P/E | 220.51 | 27.16 |
| P/S ratio | 39.99 | 7.79 |
| P/B ratio | 61.00 | 6.14 |
| PEG ratio | N/A | 4.04 |
| EV / EBITDA | N/A | 55.24 |
| FCF yield | 0.38% | 3.99% |
Profitability
| Metric | NET | NOW |
|---|---|---|
| Gross margin | 73.33% | 74.77% |
| Operating margin | -9.27% | 11.40% |
| Net margin | -3.72% | 11.34% |
| ROE | -5.68% | 8.93% |
| ROIC | -4.10% | 8.98% |
Growth (annualized)
| Metric | NET | NOW |
|---|---|---|
| Revenue CAGR (5Y) | 37.27% | 23.29% |
| EPS CAGR (5Y) | N/A | 69.74% |
| FCF CAGR (5Y) | N/A | 24.63% |
| Total return CAGR (5Y) | 17.14% | -1.06% |
Frequently asked
- Which has grown faster, NET or NOW?
- Over the past five years, NET grew revenue faster — NET at a 37.27% CAGR versus NOW at 23.29%.
- Is NET or NOW more profitable?
- NOW runs the higher net margin — NET at -3.72% versus NOW at 11.34%.
- How have NET and NOW total returns compared?
- Over the past 5 years, NET delivered 17.14% and NOW delivered 21.89% annualized total return. Past performance doesn't predict future results.
Go deeper
Dig into the metrics
Cloudflare P/E ratioServiceNow P/E ratioCloudflare dividend yieldServiceNow dividend yieldCloudflare 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 July 29, 2026.