DXPE vs. NOW

Last updated Jun 3, 2026

DXPE (DXP Enterprises, Inc.) and NOW (ServiceNow, Inc) are both stocks. DXPE operates in Industrial Distribution (Industrials), while NOW operates in Software - Application (Technology). Over the past 10 years, DXPE returned 27.47%/yr vs 24.12%/yr for NOW. At a 0.22 correlation, their price movements are largely independent.

Performance

DXPE vs. NOW - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in DXP Enterprises, Inc. (DXPE) and ServiceNow, Inc (NOW). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, DXPE achieves a 39.66% return, which is significantly higher than NOW's -16.67% return. Over the past 10 years, DXPE has outperformed NOW with an annualized return of 27.47%, while NOW has yielded a comparatively lower 24.12% annualized return.

DXPE

• 1D: 5.99%
• 1M: -9.22%
• YTD: 39.66%
• 6M: 58.89%
• 1Y: 86.31%
• 3Y*: 65.62%
• 5Y*: 37.47%
• 10Y*: 27.47%

NOW

• 1D: -6.04%
• 1M: 40.03%
• YTD: -16.67%
• 6M: -22.58%
• 1Y: -36.94%
• 3Y*: 5.20%
• 5Y*: 6.81%
• 10Y*: 24.12%

*Multi-year figures are annualized to reflect compound growth (CAGR)

DXPE vs. NOW - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
DXPE DXP Enterprises, Inc.	39.66%	32.89%	145.16%	22.32%	7.32%	15.47%	-44.16%	43.00%	-5.85%	-14.88%
NOW ServiceNow, Inc	-16.67%	-27.75%	50.05%	81.96%	-40.18%	17.93%	94.97%	58.56%	36.55%	75.40%

Correlation

The correlation between DXPE and NOW is -0.01, meaning there is essentially no relationship between their price movements. Each responds to its own set of market drivers, making them strong candidates for combining in a diversified portfolio.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	-0.01
Correlation (3Y) Calculated over the trailing 3-year period	0.21
Correlation (5Y) Calculated over the trailing 5-year period	0.22
Correlation (10Y) Calculated over the trailing 10-year period	0.20
Correlation (All Time) Calculated using the full available price history since Jul 2, 2012	0.22

The correlation between DXPE and NOW shifts across timeframes, from -0.01 (1 year) to 0.22 (5 years), reflecting how their relationship changes across market environments.

Fundamentals

Market Cap DXPE : $2.51B NOW : $132.76B
EPS DXPE : $5.35 NOW : $1.68
PE Ratio DXPE : 28.68 NOW : 75.99
PEG Ratio DXPE : 0.39 NOW : 0.64
PS Ratio DXPE : 1.22 NOW : 9.56
PB Ratio DXPE : 4.90 NOW : 9.78
Total Revenue (TTM) DXPE : $2.06B NOW : $13.96B
Gross Profit (TTM) DXPE : $654.27M NOW : $10.69B
EBITDA (TTM) DXPE : $210.11M NOW : $2.80B

Return for Risk

DXPE vs. NOW — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

DXPE

DXPE Risk / Return Rank: 79
DXPE Sharpe Ratio Rank: 83
DXPE Sortino Ratio Rank: 74
DXPE Omega Ratio Rank: 78
DXPE Calmar Ratio Rank: 79
DXPE Martin Ratio Rank: 81

NOW

NOW Risk / Return Rank: 13
NOW Sharpe Ratio Rank: 9
NOW Sortino Ratio Rank: 12
NOW Omega Ratio Rank: 11
NOW Calmar Ratio Rank: 18
NOW Martin Ratio Rank: 16

The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

DXPE vs. NOW - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for DXP Enterprises, Inc. (DXPE) and ServiceNow, Inc (NOW). Risk-adjusted metrics are performance indicators that assess an investment's returns in relation to its risk, enabling a more accurate comparison of different investment options.

	DXPE	NOW	Difference
Sharpe ratio Return per unit of total volatility	1.69	-0.76	+2.45
Sortino ratio Return per unit of downside risk	2.01	-0.94	+2.95
Omega ratio Gain probability vs. loss probability	1.29	0.88	+0.42
Calmar ratio Return relative to maximum drawdown	2.59	-0.61	+3.20
Martin ratio Return relative to average drawdown	7.26	-1.12	+8.38
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

DXPE vs. NOW - Sharpe Ratio Comparison

The current DXPE Sharpe Ratio is 1.69, which is higher than the NOW Sharpe Ratio of -0.76. The chart below compares the historical Sharpe Ratios of DXPE and NOW, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Sharpe Ratios by Period

	DXPE	NOW	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	1.69	-0.76	+2.45
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	0.83	0.16	+0.67
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	0.49	0.59	-0.10
Sharpe Ratio (All Time) Calculated using the full available price history	0.16	0.64	-0.48

Drawdowns

DXPE vs. NOW - Drawdown Comparison

The maximum DXPE drawdown since its inception was -95.45%, which is greater than NOW's maximum drawdown of -64.54%. Use the drawdown chart below to compare losses from any high point for DXPE and NOW.

Drawdown Indicators

	DXPE	NOW	Difference
Max Drawdown Largest peak-to-trough decline	-95.45%	-64.54%	-30.91%
Max Drawdown (1Y) Largest decline over 1 year	-32.99%	-60.28%	+27.29%
Max Drawdown (3Y) Largest decline over 3 years	-32.99%	-64.54%	+31.55%
Max Drawdown (5Y) Largest decline over 5 years	-37.98%	-64.54%	+26.56%
Max Drawdown (10Y) Largest decline over 10 years	-77.28%	-64.54%	-12.74%
Current Drawdown Current decline from peak	-15.53%	-45.47%	+29.94%
Average Drawdown Average peak-to-trough decline	-54.54%	-13.70%	-40.84%
Ulcer Index Depth and duration of drawdowns from previous peaks	11.76%	32.96%	-21.20%

Volatility

DXPE vs. NOW - Volatility Comparison

DXP Enterprises, Inc. (DXPE) has a higher volatility of 24.11% compared to ServiceNow, Inc (NOW) at 22.48%. This indicates that DXPE's price experiences larger fluctuations and is considered to be riskier than NOW based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	DXPE	NOW	Difference
Volatility (1M) Calculated over the trailing 1-month period	24.11%	22.48%	+1.63%
Volatility (6M) Calculated over the trailing 6-month period	35.53%	45.57%	-10.04%
Volatility (1Y) Calculated over the trailing 1-year period	51.45%	48.78%	+2.67%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	45.35%	43.19%	+2.16%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	56.11%	40.71%	+15.40%

Dividends

DXPE vs. NOW - Dividend Comparison

Neither DXPE nor NOW has paid dividends to shareholders.

Tickers have no history of dividend payments

Financials

DXPE vs. NOW - Profitability Comparison

The chart below illustrates the profitability comparison between DXP Enterprises, Inc. and ServiceNow, Inc over time, highlighting three key metrics: Gross Profit Margin, Operating Margin, and Net Profit Margin.

DXPE - Gross Margin

Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, DXP Enterprises, Inc. reported a gross profit of 168.61M and revenue of 521.66M. Therefore, the gross margin over that period was 32.3%.

NOW - Gross Margin

Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, ServiceNow, Inc reported a gross profit of 2.83B and revenue of 3.77B. Therefore, the gross margin over that period was 75.1%.

DXPE - Operating Margin

Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, DXP Enterprises, Inc. reported an operating income of 42.47M and revenue of 521.66M, resulting in an operating margin of 8.1%.

NOW - Operating Margin

Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, ServiceNow, Inc reported an operating income of 503.00M and revenue of 3.77B, resulting in an operating margin of 13.3%.

DXPE - Net Margin

Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, DXP Enterprises, Inc. reported a net income of 19.96M and revenue of 521.66M, resulting in a net margin of 3.8%.

NOW - Net Margin

Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, ServiceNow, Inc reported a net income of 469.00M and revenue of 3.77B, resulting in a net margin of 12.4%.

Frequently Asked Questions

Can I hold both DXPE and NOW in my portfolio?

DXPE and NOW have a correlation of -0.01, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, DXPE or NOW?

DXPE has higher volatility (24.11%) compared to NOW (22.48%). In terms of maximum drawdown, DXPE dropped -95.45% vs NOW's -64.54%.

Which has better risk-adjusted returns?

DXPE currently has the higher Sharpe Ratio (1.69 vs -0.76), meaning it's delivered slightly more return per unit of risk over the trailing 12 months. However, this ranking shifts over time - use the Risk/Return Score above for a more comprehensive view that combines Sharpe, Sortino, and other measures used by quantitative funds.