MSFT vs NOW

Microsoft (MSFT) and ServiceNow (NOW) compared side by side. Microsoft (MSFT) is larger, with a market cap of $3.9T versus $164.3B for ServiceNow, about 23.7 times the size. On trailing earnings, MSFT is cheaper at 29.2x versus 99.4x for NOW.

Head to head

MetricMSFTNOW
Market cap$3.9T$164.3B
P/E (TTM)29.2x99.4x
Forward P/E22.1x31.8x
Revenue (TTM)$331.8B$14.7B
Revenue growth17.7%24.0%
Gross margin67.9%74.8%
Operating margin45.1%4.1%
Free cash flow$67.0B$4.6B
Dividend yield0.75%None
1-year return+1.6%-15.4%
5-year return (annual)+12.1%+3.0%
Max drawdown-69%-65%
FI Handbook gradeB-C+

Highlighted: the stronger figure on metrics where higher or lower is clearly better.

Growth of $10,000 (5 years, price only)

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MSFTNOW

MSFT vs NOW FAQ

Which is bigger, MSFT or NOW?

Microsoft (MSFT) is larger, with a market cap of $3.9T versus $164.3B for ServiceNow, about 23.7 times the size.

Is MSFT or NOW cheaper?

On trailing earnings, MSFT is cheaper at 29.2x versus 99.4x for NOW. A lower P/E can reflect slower expected growth, so compare growth and margins too.

Which stock performed better over the past year, MSFT or NOW?

MSFT returned +1.6% over the past year including dividends, versus -15.4% for NOW, through October 23, 2026.

Which pays a higher dividend, MSFT or NOW?

MSFT yields 0.75%; NOW does not pay a dividend.

Full pages: Microsoft · ServiceNow