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

NOW has the lower trailing P/E: NOW trades at 88.29 and SHOP at 97.38. P/E is one valuation measure and does not by itself establish which business is cheaper.

Which has grown faster, NOW or SHOP?

Over the past five years, SHOP grew revenue faster — NOW at a 23.29% CAGR versus SHOP at 28.06%.

Is NOW or SHOP more profitable?

SHOP runs the higher net margin — NOW at 11.34% versus SHOP at 14.53%.

How have NOW and SHOP total returns compared?

Over the past 10 years, NOW delivered 24.92% and SHOP delivered 42.35% annualized total return. Past performance doesn't predict future results.

ServiceNow, Inc. (NOW) vs Shopify Inc. (SHOP)

A side-by-side comparison of ServiceNow, Inc. and Shopify Inc. across valuation, profitability, dividends, and growth — built entirely from reported fundamentals, as of September 8, 2026. Differences are shown without an overall score or investment verdict.

NOW

ServiceNow, Inc.

$138.78B

$134.23TechnologyDelayed quote: Sep 8, 2026, 3:59 PM EDT

SHOP

Shopify Inc.

$174.02B

$134.10TechnologyDelayed quote: Sep 8, 2026, 4:00 PM EDT

Total return — NOW vs SHOP

growth of $100 · dividends reinvested · last 10y

NOW +809.0% (+24.7%/yr)SHOP +3259.3% (+42.1%/yr)SHOP compounded faster over this window

NOW SHOP

NOW vs SHOP: by the numbers

•SHOP is the larger company ($174.02B vs $138.78B market cap).
•NOW trades at the lower trailing earnings multiple (88.29 vs 97.38 P/E), one valuation lens rather than an overall verdict.
•SHOP converts more revenue to profit (14.53% vs 11.34% net margin).
•SHOP grew revenue faster over the past five years (28.06% vs 23.29% CAGR).

Metrics side by side

Valuation

Metric	NOW	SHOP
P/E ratio	88.29	97.38
Forward P/E	34.69	75.32
P/S ratio	9.94	14.19
P/B ratio	11.70	14.85
EV / EBITDA	55.41	99.75
FCF yield	3.13%	1.25%

Profitability

Metric	NOW	SHOP
Gross margin	74.77%	47.77%
Operating margin	11.40%	13.90%
Net margin	11.34%	14.53%
ROE	13.34%	15.20%
ROIC	5.54%	11.67%

Growth (annualized)

Metric	NOW	SHOP
Revenue CAGR (5Y)	23.29%	28.06%
EPS CAGR (5Y)	69.74%	28.61%
FCF CAGR (5Y)	24.63%	35.93%
Total return CAGR (5Y)	0.80%	-1.37%

Frequently asked

Which has the lower trailing P/E, NOW or SHOP?: NOW has the lower trailing P/E: NOW trades at 88.29 and SHOP at 97.38. P/E is one valuation measure and does not by itself establish which business is cheaper.
Which has grown faster, NOW or SHOP?: Over the past five years, SHOP grew revenue faster — NOW at a 23.29% CAGR versus SHOP at 28.06%.
Is NOW or SHOP more profitable?: SHOP runs the higher net margin — NOW at 11.34% versus SHOP at 14.53%.
How have NOW and SHOP total returns compared?: Over the past 10 years, NOW delivered 24.92% and SHOP delivered 42.35% annualized total return. Past performance doesn't predict future results.

Go deeper

Full NOW analysis Full SHOP analysis Interactive comparison tool

Dig into the metrics

ServiceNow P/E ratio Shopify P/E ratio ServiceNow ROE Shopify ROE ServiceNow operating margin Shopify operating margin ServiceNow revenue growth Shopify revenue growth ServiceNow free cash flow Shopify free cash flow

ServiceNow & Shopify appear in these rankings

Fastest Revenue Growth 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 September 8, 2026.