Mar. 13 at 7:04 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.
