Mar. 14 at 8:34 PM
I’ve been comparing
$NOW vs
$CRM.
Both are giants in enterprise software, but the growth profiles are very different.
A few things stand out from this chart 👇
1. Revenue growth
ServiceNow is still growing much faster.
- NOW: ~20%+ growth
- CRM: ~9–10% growth
Salesforce has clearly entered a more mature phase, while ServiceNow is still expanding rapidly.
2. Valuation
The market reflects that difference.
- NOW forward P/E: ~44
- CRM forward P/E: ~22
NOW trades at a premium because investors expect stronger long-term growth.
3. Similarities
Both companies have:
- massive enterprise ecosystems
- sticky, recurring revenue
- strong margins and cash flow
- mission-critical software
These are two extremely high-quality businesses.
Why I chose
$NOW
For my portfolio, I prefer the company with:
- faster growth
- huge runway in workflow automation
- strong AI tailwinds across enterprises
Salesforce is still a great company.
But ServiceNow fits my growth strategy better right now
