Software - Application
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NOW vs ADSK
Revenue, margins, valuation, and 5-year total return — side by side.
Software - Application
NOW vs ADSK — Key Financials
Market cap, revenue, margins, and valuation side-by-side.
| Company Snapshot | ||
|---|---|---|
| Industry | Software - Application | Software - Application |
| Market Cap | $92.27B | $52.02B |
| Revenue (TTM) | $13.96B | $6.78B |
| Net Income (TTM) | $1.76B | $1.12B |
| Gross Margin | 76.6% | 96.8% |
| Operating Margin | 13.4% | 23.3% |
| Forward P/E | 21.4x | 19.6x |
| Total Debt | $3.20B | $2.73B |
| Cash & Equiv. | $3.73B | $2.25B |
NOW vs ADSK — Long-Term Stock Performance
Price return indexed to 100 at period start. Dividends excluded.
| Stock | May 20 | May 26 | Return |
|---|---|---|---|
| ServiceNow, Inc. (NOW) | 100 | 23.0 | -77.0% |
| Autodesk, Inc. (ADSK) | 100 | 115.6 | +15.6% |
Price return only. Dividends and distributions are not included.
Quick Verdict: NOW vs ADSK
Each card shows where this stock fits in a portfolio — not just who wins on paper.
NOW is the clearest fit if your priority is growth exposure and sleep-well-at-night.
- Rev growth 20.9%, EPS growth 21.9%, 3Y rev CAGR 22.4%
- Lower volatility, beta 1.46, Low D/E 24.7%, current ratio 0.95x
- 20.9% revenue growth vs ADSK's 10.5%
ADSK carries the broadest edge in this set and is the clearest fit for income & stability and long-term compounding.
- Dividend streak 0 yrs, beta 0.85
- 314.4% 10Y total return vs NOW's 32.4%
- Beta 0.85, current ratio 0.85x
See the full category breakdown
| Category | Winner | Why |
|---|---|---|
| Growth | 20.9% revenue growth vs ADSK's 10.5% | |
| Value | Lower P/E (19.6x vs 21.4x) | |
| Quality / Margins | 16.6% margin vs NOW's 12.6% | |
| Stability / Safety | Beta 0.85 vs NOW's 1.46 | |
| Dividends | Tie | Neither stock pays a meaningful dividend |
| Momentum (1Y) | -12.8% vs NOW's -90.8% | |
| Efficiency (ROA) | 9.0% ROA vs NOW's 7.5%, ROIC 33.3% vs 12.4% |
NOW vs ADSK — Revenue Breakdown by Segment
How each company's revenue is distributed across its business units
NOW vs ADSK — Financial Metrics
Side-by-side numbers across 2 stocks — who leads on profitability, valuation, growth, and risk.
Income & Cash Flow (Last 12 Months)
ADSK leads this category, winning 5 of 6 comparable metrics.
Income & Cash Flow (Last 12 Months)
NOW is the larger business by revenue, generating $14.0B annually — 2.1x ADSK's $6.8B. Profitability is closely matched — net margins range from 16.6% (ADSK) to 12.6% (NOW). On growth, NOW holds the edge at +22.1% YoY revenue growth, suggesting stronger near-term business momentum.
| Metric | ||
|---|---|---|
| RevenueTrailing 12 months | $14.0B | $6.8B |
| EBITDAEarnings before interest/tax | $2.7B | $1.7B |
| Net IncomeAfter-tax profit | $1.8B | $1.1B |
| Free Cash FlowCash after capex | $4.6B | $2.4B |
| Gross MarginGross profit ÷ Revenue | +76.6% | +96.8% |
| Operating MarginEBIT ÷ Revenue | +13.4% | +23.3% |
| Net MarginNet income ÷ Revenue | +12.6% | +16.6% |
| FCF MarginFCF ÷ Revenue | +33.2% | +35.4% |
| Rev. Growth (YoY)Latest quarter vs prior year | +22.1% | -6.5% |
| EPS Growth (YoY)Latest quarter vs prior year | +2.3% | +6.0% |
Valuation Metrics
Evenly matched — NOW and ADSK each lead in 3 of 6 comparable metrics.
Valuation Metrics
At 46.5x trailing earnings, ADSK trades at a 13% valuation discount to NOW's 53.3x P/E. On an enterprise value basis, ADSK's 33.3x EV/EBITDA is more attractive than NOW's 35.8x.
| Metric | ||
|---|---|---|
| Market CapShares × price | $92.3B | $52.0B |
| Enterprise ValueMkt cap + debt − cash | $91.7B | $52.5B |
| Trailing P/EPrice ÷ TTM EPS | 53.32x | 46.48x |
| Forward P/EPrice ÷ next-FY EPS est. | 21.42x | 19.58x |
| PEG RatioP/E ÷ EPS growth rate | 0.77x | — |
| EV / EBITDAEnterprise value multiple | 35.81x | 33.27x |
| Price / SalesMarket cap ÷ Revenue | 6.95x | 7.68x |
| Price / BookPrice ÷ Book value/share | 7.19x | 17.16x |
| Price / FCFMarket cap ÷ FCF | 20.16x | 21.60x |
Profitability & Efficiency
ADSK leads this category, winning 7 of 9 comparable metrics.
Profitability & Efficiency
ADSK delivers a 36.9% return on equity — every $100 of shareholder capital generates $37 in annual profit, vs $15 for NOW. NOW carries lower financial leverage with a 0.25x debt-to-equity ratio, signaling a more conservative balance sheet compared to ADSK's 0.90x. On the Piotroski fundamental quality scale (0–9), ADSK scores 7/9 vs NOW's 3/9, reflecting strong financial health.
| Metric | ||
|---|---|---|
| ROE (TTM)Return on equity | +15.0% | +36.9% |
| ROA (TTM)Return on assets | +7.5% | +9.0% |
| ROICReturn on invested capital | +12.4% | +33.3% |
| ROCEReturn on capital employed | +13.2% | +25.6% |
| Piotroski ScoreFundamental quality 0–9 | 3 | 7 |
| Debt / EquityFinancial leverage | 0.25x | 0.90x |
| Net DebtTotal debt minus cash | -$523M | $485M |
| Cash & Equiv.Liquid assets | $3.7B | $2.2B |
| Total DebtShort + long-term debt | $3.2B | $2.7B |
| Interest CoverageEBIT ÷ Interest expense | 185.08x | 289.00x |
Total Returns (Dividends Reinvested)
ADSK leads this category, winning 6 of 6 comparable metrics.
Total Returns (Dividends Reinvested)
A $10,000 investment in ADSK five years ago would be worth $8,549 today (with dividends reinvested), compared to $1,833 for NOW. Over the past 12 months, ADSK leads with a -12.8% total return vs NOW's -90.8%. The 3-year compound annual growth rate (CAGR) favors ADSK at 8.2% vs NOW's -41.2% — a key indicator of consistent wealth creation.
| Metric | ||
|---|---|---|
| YTD ReturnYear-to-date | -39.6% | -15.2% |
| 1-Year ReturnPast 12 months | -90.8% | -12.8% |
| 3-Year ReturnCumulative with dividends | -79.7% | +26.6% |
| 5-Year ReturnCumulative with dividends | -81.7% | -14.5% |
| 10-Year ReturnCumulative with dividends | +32.4% | +314.4% |
| CAGR (3Y)Annualised 3-year return | -41.2% | +8.2% |
Risk & Volatility
ADSK leads this category, winning 2 of 2 comparable metrics.
Risk & Volatility
ADSK is the less volatile stock with a 0.85 beta — it tends to amplify market swings less than NOW's 1.46 beta. A beta below 1.0 means the stock typically moves less than the S&P 500. ADSK currently trades 73.9% from its 52-week high vs NOW's 8.4% drawdown — a narrower gap to the peak suggests stronger recent price momentum.
| Metric | ||
|---|---|---|
| Beta (5Y)Sensitivity to S&P 500 | 1.46x | 0.85x |
| 52-Week HighHighest price in past year | $1057.39 | $329.09 |
| 52-Week LowLowest price in past year | $81.24 | $214.10 |
| % of 52W HighCurrent price vs 52-week peak | +8.4% | +73.9% |
| RSI (14)Momentum oscillator 0–100 | 44.9 | 58.8 |
| Avg Volume (50D)Average daily shares traded | 20.9M | 1.9M |
Analyst Outlook
Insufficient data to determine a leader in this category.
Analyst Outlook
Wall Street rates NOW as "Buy" and ADSK as "Buy". Consensus price targets imply 70.2% upside for NOW (target: $152) vs 39.0% for ADSK (target: $338).
| Metric | ||
|---|---|---|
| Analyst RatingConsensus buy/hold/sell | Buy | Buy |
| Price TargetConsensus 12-month target | $151.52 | $338.00 |
| # AnalystsCovering analysts | 68 | 51 |
| Dividend YieldAnnual dividend ÷ price | — | — |
| Dividend StreakConsecutive years of raises | — | 0 |
| Dividend / ShareAnnual DPS | — | — |
| Buyback YieldShare repurchases ÷ mkt cap | +2.0% | +2.7% |
ADSK leads in 4 of 6 categories — strongest in Income & Cash Flow and Profitability & Efficiency. 1 category is tied.
NOW vs ADSK: Frequently Asked Questions
10 questions · data-driven answers · updated daily
01Is NOW or ADSK a better buy right now?
For growth investors, ServiceNow, Inc.
(NOW) is the stronger pick with 20. 9% revenue growth year-over-year, versus 10. 5% for Autodesk, Inc. (ADSK). Autodesk, Inc. (ADSK) offers the better valuation at 46. 5x trailing P/E (19. 6x forward), making it the more compelling value choice. Analysts rate ServiceNow, Inc. (NOW) a "Buy" — based on 68 analyst ratings — the highest consensus in this comparison. The "better buy" depends entirely on your goals: growth investors should weight revenue trajectory, value investors should weight P/E and PEG, and income investors should weight dividend yield and streak.
02Which has the better valuation — NOW or ADSK?
On trailing P/E, Autodesk, Inc.
(ADSK) is the cheapest at 46. 5x versus ServiceNow, Inc. at 53. 3x. On forward P/E, Autodesk, Inc. is actually cheaper at 19. 6x.
03Which is the better long-term investment — NOW or ADSK?
Over the past 5 years, Autodesk, Inc.
(ADSK) delivered a total return of -14. 5%, compared to -81. 7% for ServiceNow, Inc. (NOW). Over 10 years, the gap is even starker: ADSK returned +314. 4% versus NOW's +32. 4%. Past returns do not guarantee future results, and the stock with the higher historical return may already have its best growth priced in.
04Which is safer — NOW or ADSK?
By beta (market sensitivity over 5 years), Autodesk, Inc.
(ADSK) is the lower-risk stock at 0. 85β versus ServiceNow, Inc. 's 1. 46β — meaning NOW is approximately 71% more volatile than ADSK relative to the S&P 500. On balance sheet safety, ServiceNow, Inc. (NOW) carries a lower debt/equity ratio of 25% versus 90% for Autodesk, Inc. — giving it more financial flexibility in a downturn.
05Which is growing faster — NOW or ADSK?
By revenue growth (latest reported year), ServiceNow, Inc.
(NOW) is pulling ahead at 20. 9% versus 10. 5% for Autodesk, Inc. (ADSK). On earnings-per-share growth, the picture is similar: ServiceNow, Inc. grew EPS 21. 9% year-over-year, compared to 2. 1% for Autodesk, Inc.. Over a 3-year CAGR, NOW leads at 22. 4% annualised revenue growth. Higher growth typically commands a higher valuation multiple — check whether the premium P/E or P/S is justified by the growth rate using the PEG ratio.
06Which has better profit margins — NOW or ADSK?
Autodesk, Inc.
(ADSK) is the more profitable company, earning 16. 6% net margin versus 13. 2% for ServiceNow, Inc. — meaning it keeps 16. 6% of every revenue dollar as bottom-line profit. Operating margin tells a similar story: ADSK leads at 23. 3% versus 13. 7% for NOW. At the gross margin level — before operating expenses — ADSK leads at 96. 8%, reflecting greater pricing power or product mix advantage. Stronger margins indicate durable pricing power, lower cost of revenue, or higher mix of software/services. They are one of the clearest signs of business quality.
07Is NOW or ADSK more undervalued right now?
On forward earnings alone, Autodesk, Inc.
(ADSK) trades at 19. 6x forward P/E versus 21. 4x for ServiceNow, Inc. — 1. 8x cheaper on a one-year earnings basis. Analyst consensus price targets imply the most upside for NOW: 70. 2% to $151. 52.
08Which pays a better dividend — NOW or ADSK?
None of the stocks in this comparison currently pay a material dividend.
All are effectively zero-yield and should be held for capital appreciation rather than income.
09Is NOW or ADSK better for a retirement portfolio?
For long-horizon retirement investors, Autodesk, Inc.
(ADSK) is the stronger choice — it scores higher on the combination of lower volatility, dividend reliability, and long-term compounding (low volatility (β 0. 85), +314. 4% 10Y return). Both have compounded well over 10 years (ADSK: +314. 4%, NOW: +32. 4%), confirming both are viable long-term holds — but the lower-volatility option typically results in less emotional selling during corrections. Retirement portfolios generally favour predictability over maximum returns. Consult a financial advisor before making allocation decisions.
10What are the main differences between NOW and ADSK?
Both stocks operate in the Technology sector, making this a peer-level intra-sector comparison — the same macro tailwinds and headwinds will affect both.
In terms of investment character: NOW is a mid-cap high-growth stock; ADSK is a mid-cap quality compounder stock. These fundamental differences mean investors should not choose between them on a single metric — the "better stock" depends entirely on which of these characteristics aligns with your investment strategy.
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