ServiceNow, Inc. (NOW) vs Snowflake Inc. (SNOW)
ServiceNow, Inc. and Snowflake Inc. are both Software Application companies. ServiceNow, Inc. is the larger, with a market value of $142.1B against $117.9B — 1.2× the size. Snowflake Inc. has negative trailing earnings, so its P/E is not meaningful; ServiceNow, Inc. trades at 84.0×. Snowflake Inc. grew revenue faster over the last twelve months: 32.0% against 22.2%. ServiceNow, Inc. has the higher net margin (11.3% vs −20.1%) and the higher return on invested capital (6.83% vs −37.0%). Across the 20 metrics below, ServiceNow, Inc. leads on 17 and Snowflake Inc. on 3.
Valuation
Profitability
| Metric | NOW | SNOW | Software Application median |
|---|---|---|---|
| Gross margin | 74.77% | 67.03% | 67.03% |
| Operating margin | 11.40% | (22.76%) | 0.00% |
| Net margin | 11.34% | (20.07%) | 0.00% |
| Free cash flow margin | 31.09% | 21.94% | 4.32% |
| Return on equity | 14.24% | (48.17%) | 0.00% |
| Return on assets | 6.22% | (12.92%) | 0.00% |
| Return on invested capital | 6.83% | (37.00%) | 0.00% |
Growth
Health
Dividend
Size
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