NOW vs. TEAM: ServiceNow vs. Atlassian Stock Comparison

November 11, 2026

How do ServiceNow (NOW) and Atlassian (TEAM) stack up? This page sets them side by side across company profile, performance and risk, profitability, growth, financial strength, dividends, and valuation, with selected fundamentals also measured against each stock's industry-group peers.

Company Profile

ServiceNow (NOW) and Atlassian (TEAM) both belong to the Software industry, though NOW is classified under Systems Software while TEAM falls under Application Software.

Company profile comparison for ServiceNow (NOW) and Atlassian (TEAM)
Profile Item	NOW	TEAM
Name	ServiceNow Inc.	Atlassian Corporation Class A Common Stock
Country/Region	United States	Australia
GICS Sector	Information Technology	Information Technology
GICS Industry Group	Software & Services	Software & Services
GICS Industry	Software	Software
GICS Sub-Industry	Systems Software	Application Software
Market Capitalization	105.84 billion USD	38.90 billion USD
Currency	USD	USD
Exchange	NYSE	Nasdaq
Listing Date	June 29, 2012	December 9, 2015
Security Type	Common Stock	Common Stock

Price Performance

Cumulative Growth

NOW

TEAM

GSPC

ServiceNow (NOW) vs. Atlassian (TEAM), with S&P 500 (GSPC) for reference: Growth of a $10,000 investment over the past five years. Adjusted for dividends and splits.

Trailing Returns

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Trailing total returns for ServiceNow (NOW) and Atlassian (TEAM). Returns over one year are annualized.

Calendar-Year Returns

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Calendar-year total returns for ServiceNow (NOW) and Atlassian (TEAM). Each bar is that year's total return, measured year-end to year-end.

Performance Metrics

Price performance metrics for ServiceNow (NOW) and Atlassian (TEAM)
Metric	NOW	TEAM
Total Return (1Y)	-39.72%	-2.49%
Total Return (3Y, Annualized)	-5.71%	-3.42%
Total Return (5Y, Annualized)	-5.55%	-19.11%

Risk Profile

Drawdown History

NOW

TEAM

GSPC

ServiceNow (NOW) vs. Atlassian (TEAM), with S&P 500 (GSPC) for reference: Drawdown from the running peak over the past five years. Each line shows the decline from its prior peak; 0% marks a new high.

Return Distribution

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Distribution of monthly total returns for ServiceNow (NOW) and Atlassian (TEAM). Each bar is the share of months whose return fell in that 5% bucket.

Risk Metrics

Risk profile metrics for ServiceNow (NOW) and Atlassian (TEAM)
Metric	NOW	TEAM
Volatility (1Y, Annualized)	64.49%	80.29%
Beta (5Y)	0.98	1.19
Max Drawdown (5Y)	-64.54%	-87.16%
Avg. Volume (3M)	15.74M	3.45M

Risk-Adjusted Performance

Risk-Return Positioning

NOW and TEAM are plotted by 1-year volatility (risk) and 1-year return. The dashed Capital Allocation Line runs from the risk-free rate through the shared industry median.

Risk-Adjusted Metrics

Risk-adjusted metrics for ServiceNow (NOW) and Atlassian (TEAM)
Metric	NOW	TEAM
Sharpe Ratio (1Y)	-0.68	-0.08
Sortino Ratio (1Y)	-0.89	-0.14

Profitability

ROE (TTM)

Both ServiceNow (NOW) at 11.85% and Atlassian (TEAM) at 7.75% land near their industries’ usual ROE ranges, so capital efficiency looks broadly in line with peers on both sides.

NOW

Software & Services industry group

11.85%

Max: 53.85%
Q3: 17.90%
NOW: 11.85%
Median: 6.59%
Q1: -9.59%
Min: -50.52%

TEAM

Software & Services industry group

7.75%

Max: 53.85%
Q3: 17.90%
TEAM: 7.75%
Median: 6.59%
Q1: -9.59%
Min: -50.52%

ServiceNow (NOW) vs. Atlassian (TEAM): A comparison of their ROE against the Software & Services industry group benchmark.

Net Margin (TTM)

Both ServiceNow (NOW) at 9.36% and Atlassian (TEAM) at 1.28% keep about the typical share of revenue as profit for their industries — neither bottom line stands out from peers.

NOW

Software & Services industry group

9.36%

Max: 41.17%
Q3: 15.28%
NOW: 9.36%
Median: 4.63%
Q1: -5.42%
Min: -33.17%

TEAM

Software & Services industry group

1.28%

Max: 41.17%
Q3: 15.28%
Median: 4.63%
TEAM: 1.28%
Q1: -5.42%
Min: -33.17%

ServiceNow (NOW) vs. Atlassian (TEAM): A comparison of their net margin against the Software & Services industry group benchmark.

Operating Margin (TTM)

Both ServiceNow (NOW) at 17.39% and Atlassian (TEAM) at 10.65% run core operations about as efficiently as their industries’ norm — neither stands out on operating profitability.

NOW

Software & Services industry group

17.39%

Max: 46.89%
Q3: 17.64%
NOW: 17.39%
Median: 8.73%
Q1: -2.13%
Min: -30.45%

TEAM

Software & Services industry group

10.65%

Max: 46.89%
Q3: 17.64%
TEAM: 10.65%
Median: 8.73%
Q1: -2.13%
Min: -30.45%

ServiceNow (NOW) vs. Atlassian (TEAM): A comparison of their operating margin against the Software & Services industry group benchmark.

Profitability Metrics

Profitability metrics for ServiceNow (NOW) and Atlassian (TEAM)
Metric	NOW	TEAM
ROE (TTM)	11.85%	7.75%
ROA (TTM)	4.59%	6.11%
Net Margin (TTM)	9.36%	1.28%
Operating Margin (TTM)	17.39%	10.65%
Gross Margin (TTM)	73.08%	85.83%

Growth

Revenue Growth

Atlassian (TEAM) at 26.02% sits in the top revenue growth quartile, while ServiceNow (NOW) at 20.88% is closer to the peer norm — faster top-line expansion for TEAM.

ServiceNow (NOW) vs. Atlassian (TEAM): A comparison of their Revenue Growth across different time periods.

EPS Growth

Only one side can be read here: ServiceNow (NOW) reports EPS growth of 22.08%, ranked against its industry; Atlassian (TEAM) has no EPS growth figure this period.

ServiceNow (NOW) vs. Atlassian (TEAM): A comparison of their EPS Growth across different time periods.

Growth Metrics

Growth metrics for ServiceNow (NOW) and Atlassian (TEAM)
Metric	NOW	TEAM
Revenue Growth (YoY)	20.88%	26.02%
Revenue Growth (3Y CAGR)	22.38%	22.97%
EPS Growth (YoY)	22.08%	--
EPS Growth (3Y CAGR)	73.46%	--

Financial Strength

Current Ratio (MRQ)

Both ServiceNow (NOW) at 0.72 and Atlassian (TEAM) at 0.72 run current ratio in the tighter-liquidity quartile of industry peers, leaving thinner cushions against current liabilities than typical competitors.

NOW

Software & Services industry group

0.72

Max: 5.11
Q3: 2.77
Median: 1.67
Q1: 1.01
NOW: 0.72
Min: 0.03

TEAM

Software & Services industry group

0.72

Max: 5.11
Q3: 2.77
Median: 1.67
Q1: 1.01
TEAM: 0.72
Min: 0.03

ServiceNow (NOW) vs. Atlassian (TEAM): A comparison of their current ratio against the Software & Services industry group benchmark.

Debt / Equity (MRQ)

ServiceNow (NOW) at 0.64 carries an industry-typical debt-to-equity mix, while Atlassian (TEAM) at 1.35 uses more debt funding than most peers.

NOW

Software & Services industry group

0.64

Max: 2.52
Q3: 1.13
NOW: 0.64
Median: 0.40
Q1: 0.07
Min: 0.00

TEAM

Software & Services industry group

1.35

Max: 2.52
TEAM: 1.35
Q3: 1.13
Median: 0.40
Q1: 0.07
Min: 0.00

ServiceNow (NOW) vs. Atlassian (TEAM): A comparison of their debt-to-equity ratio against the Software & Services industry group benchmark.

Financial Strength Metrics

Financial strength metrics for ServiceNow (NOW) and Atlassian (TEAM)
Metric	NOW	TEAM
Current Ratio (MRQ)	0.72	0.72
Debt / Equity (MRQ)	0.64	1.35
Net Debt / EBITDA	1.18	0.15

Dividends

Dividend Yield (TTM)

Neither ServiceNow (NOW) nor Atlassian (TEAM) pays a dividend this period — they may reinvest, use buybacks, or simply not return cash through dividends.

NOW

Software & Services industry group

0.00%

NOW: 0.00%
Max: 0.00%
Q3: 0.00%
Median: 0.00%
Q1: 0.00%
Min: 0.00%

TEAM

Software & Services industry group

0.00%

TEAM: 0.00%
Max: 0.00%
Q3: 0.00%
Median: 0.00%
Q1: 0.00%
Min: 0.00%

ServiceNow (NOW) vs. Atlassian (TEAM): A comparison of their dividend yield against the Software & Services industry group benchmark.

Dividend Payout Ratio (TTM)

Neither ServiceNow (NOW) nor Atlassian (TEAM) pays a dividend this period — they may reinvest, use buybacks, or simply not return cash through dividends.

NOW

Software & Services industry group

0.00%

NOW: 0.00%
Max: 0.00%
Q3: 0.00%
Median: 0.00%
Q1: 0.00%
Min: 0.00%

TEAM

Software & Services industry group

0.00%

TEAM: 0.00%
Max: 0.00%
Q3: 0.00%
Median: 0.00%
Q1: 0.00%
Min: 0.00%

ServiceNow (NOW) vs. Atlassian (TEAM): A comparison of their payout ratio against the Software & Services industry group benchmark.

Dividend Metrics

Dividend metrics for ServiceNow (NOW) and Atlassian (TEAM)
Metric	NOW	TEAM
Dividend Yield (TTM)	0.00%	0.00%
Dividend Payout Ratio (TTM)	0.00%	0.00%

Valuation

P/E Ratio (TTM)

Both look expensive on trailing earnings: ServiceNow (NOW) at 73.36 sits in the richer P/E ratio quartile, and Atlassian (TEAM) at 465.70 is richer still, above its industry range.

NOW

Software & Services industry group

73.36

Max: 112.94
NOW: 73.36
Q3: 60.32
Median: 32.91
Q1: 18.77
Min: 6.69

TEAM

Software & Services industry group

465.70

TEAM: 465.70
Max: 112.94
Q3: 60.32
Median: 32.91
Q1: 18.77
Min: 6.69

ServiceNow (NOW) vs. Atlassian (TEAM): A comparison of their P/E ratio against the Software & Services industry group benchmark.

P/S Ratio (TTM)

On P/S ratio, both ServiceNow (NOW) at 6.86 and Atlassian (TEAM) at 5.63 are priced roughly in line with their industries — neither looks cheap nor rich on a sales basis.

NOW

Software & Services industry group

6.86

Max: 17.91
Q3: 8.78
NOW: 6.86
Median: 4.25
Q1: 2.23
Min: 0.02

TEAM

Software & Services industry group

5.63

Max: 17.91
Q3: 8.78
TEAM: 5.63
Median: 4.25
Q1: 2.23
Min: 0.02

ServiceNow (NOW) vs. Atlassian (TEAM): A comparison of their P/S ratio against the Software & Services industry group benchmark.

P/B Ratio (MRQ)

ServiceNow (NOW) at 8.08 sits near its industry’s typical P/B ratio, while Atlassian (TEAM) at 42.54 prices above its benchmark range — TEAM looks rich relative to book.

NOW

Software & Services industry group

8.08

Max: 16.63
Q3: 8.50
NOW: 8.08
Median: 4.30
Q1: 1.92
Min: -3.90

TEAM

Software & Services industry group

42.54

TEAM: 42.54
Max: 16.63
Q3: 8.50
Median: 4.30
Q1: 1.92
Min: -3.90

ServiceNow (NOW) vs. Atlassian (TEAM): A comparison of their P/B ratio against the Software & Services industry group benchmark.

Valuation Metrics

Valuation metrics for ServiceNow (NOW) and Atlassian (TEAM)
Metric	NOW	TEAM
P/E Ratio (TTM)	73.36	465.70
P/S Ratio (TTM)	6.86	5.63
P/B Ratio (MRQ)	8.08	42.54
Free Cash Flow Yield (TTM)	5.44%	5.17%