ServiceNow, Inc. NOW
- Market cap
- $142.1B
- P/E
- 84.0×
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ServiceNow, Inc. (NOW) EV/Sales
As of 25 September 2026, ServiceNow, Inc. (NOW) trades at a EV/Sales of 9.7×. Over the past ten years it has ranged from 2.4× (January 2015) to 25.7× (September 2021); the current reading is higher than 12% of that period. That is above the Software Application industry median of 2.6× and above the Technology sector median of 2.9×.
EV/Sales, daily
Annual
| Period | EV/Sales | Change |
|---|---|---|
| FY2025 | 11.6× | (40.43%) |
| FY2024 | 19.5× | 27.55% |
| FY2023 | 15.3× | 47.66% |
| FY2022 | 10.3× | (51.92%) |
| FY2021 | 21.5× | (7.32%) |
| FY2020 | 23.2× | 55.38% |
| FY2019 | 14.9× | 25.78% |
| FY2018 | 11.9× | 3.84% |
| FY2017 | 11.4× | 31.99% |
| FY2016 | 8.7× | (33.73%) |
Quarterly
| Period | EV/Sales | Change |
|---|---|---|
| Jun 2026 | 7.1× | (4.68%) |
| Mar 2026 | 7.5× | (35.43%) |
| Dec 2025 | 11.6× | (21.48%) |
| Sep 2025 | 14.8× | (14.49%) |
| 42 more quarters | Free account |
Against its own ten years
EV/Sales against peers
| Company | EV/Sales |
|---|---|
| UBER Uber Technologies, Inc. compare | 2.7× |
| ADBE Adobe Inc. compare | 3.6× |
| ADP Automatic Data Processing, Inc. compare | 4.9× |
| CRM Salesforce, Inc. compare | 5.1× |
| NOW ServiceNow, Inc. | 9.7× |
| SHOP Shopify Inc. compare | 13.6× |
| CDNS Cadence Design Systems, Inc. compare | 15.6× |
| SNOW Snowflake Inc. compare | 21.6× |
| DDOG Datadog, Inc. compare | 23.1× |
| Software Application industry median | 2.6× |
| Technology sector median | 2.9× |
| Market median | 2.2× |
What EV/Sales is
EV/Sales tells an investor how the value of a whole company, counting its debt and cash, compares with the sales it brings in.
((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)) ÷ Revenue (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/EBITDA
- 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