ServiceNow, Inc. NOW
- Market cap
- $142.1B
- P/E
- 84.0×
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ServiceNow, Inc. (NOW) EV/EBITDA
As of 25 September 2026, ServiceNow, Inc. (NOW) trades at a EV/EBITDA of 41.7×. Over the past ten years it has ranged from 0.0× (March 2017) to 156× (June 2019); the current reading is higher than 25% of that period. That is above the Software Application industry median of 14.4× and above the Technology sector median of 15.7×.
EV/EBITDA, daily
Annual
| Period | EV/EBITDA | Change |
|---|---|---|
| FY2025 | 48.4× | (43.94%) |
| FY2024 | 86.4× | 12.37% |
| FY2023 | 76.9× | 17.52% |
| FY2022 | 65.4× | (47.26%) |
| FY2021 | 124× | (8.16%) |
| FY2020 | 135× | 29.28% |
| FY2019 | 104× | 2.20% |
| FY2018 | 102× | (5.96%) |
| FY2017 | 109× | — |
| FY2016 | 0.0× | — |
Quarterly
| Period | EV/EBITDA | Change |
|---|---|---|
| Jun 2026 | 30.8× | (1.26%) |
| Mar 2026 | 31.2× | (35.61%) |
| Dec 2025 | 48.4× | (21.50%) |
| Sep 2025 | 61.7× | (16.82%) |
| 42 more quarters | Free account |
Against its own ten years
EV/EBITDA against peers
| Company | EV/EBITDA |
|---|---|
| SNOW Snowflake Inc. compare | n/m |
| ADBE Adobe Inc. compare | 9.3× |
| ADP Automatic Data Processing, Inc. compare | 14.4× |
| CRM Salesforce, Inc. compare | 15.0× |
| UBER Uber Technologies, Inc. compare | 19.9× |
| NOW ServiceNow, Inc. | 41.7× |
| CDNS Cadence Design Systems, Inc. compare | 43.4× |
| SHOP Shopify Inc. compare | 96.3× |
| DDOG Datadog, Inc. compare | 760× |
| Software Application industry median | 14.4× |
| Technology sector median | 15.7× |
| Market median | 11.0× |
What EV/EBITDA is
Enterprise Value over EBITDA tells an investor how the market values a whole company, with debt added and cash taken off, against its operating earnings.
((Stock Price × Shares (Basic, Weighted) (latest quarter)) + (Long Term Debt (Total) (latest quarter) + Current Part of Debt (latest quarter)) − Cash & Short Term Investments (latest quarter)) ÷ EBITDA (TTM)
More on NOW
- Revenue
- Net income
- EBITDA
- Free cash flow
- Operating cash flow
- Gross margin
- Operating margin
- Net margin
- Free cash flow margin
- P/E ratio
- P/S ratio
- P/B ratio
- Price to free cash flow
- EV/Sales
- Return on equity
- Return on assets
- Return on invested capital
- Debt to equity
- Current ratio
- Total debt
- Shares outstanding
- Book value per share
- Revenue growth
- The full statement