ServiceNow, Inc.

NOW Technology Software Application

ServiceNow, Inc.’s revenue for fiscal 2025 (year ended December 2025) was $13.3 billion, up 20.9% from fiscal 2024. In the quarter to June 2026, revenue grew 24.0%, EPS fell 22.0%, free cash flow fell 10.1% and total debt rose 404.5%, each against the same quarter a year earlier. Member of the S&P 500; revenue growth for ten consecutive years, operating cash flow growth for five; insiders bought in the last twelve months.

141.97 6.60 −4.44%
Market cap
$153.6B
P/E
88.0×
Fwd P/E
56.5×
Dividend yield
—
F-score
4/9
Altman Z
8.31
Beneish M
−2.90
Dividend safety
n/a

ServiceNow, Inc. (NOW) Return on invested capital

Alert me on Return on invested capital

ServiceNow, Inc.'s return on invested capital over the twelve months to 30 June 2026 was 6.83%, down 7.1 percentage points from fiscal 2025 (14.0%). Over the past ten years it has ranged from −43.3% (fiscal 2015) to 16.0% (fiscal 2024); the current reading is higher than 91% of that period. That is above the Software Application industry median of 0.00% and above the Technology sector median of 0.00%.

Return on invested capital, annual

Embed this chart

Annual newest first

Period Return on invested capital Change (points)
FY2025 14.0% (2.03)
FY2024 16.0% 4.75
FY2023 11.2% 1.32
FY2022 9.91% 1.74
FY2021 8.17% (0.38)
FY2020 8.55% 6.33
FY2019 2.22% 11.86
FY2018 −9.64% 13.64
FY2017 −23.3% (23.28)
FY2016 0.00% 43.31

Against its own ten years

Low −43.3% High 16.0%
Ten-year median 8.17%
Current reading's percentile 91

Return on invested capital against peers

Company Return on invested capital
ADP Automatic Data Processing, Inc. compare 53.4%
ADBE Adobe Inc. compare 46.4%
SHOP Shopify Inc. compare 14.6%
SAP SAP SE compare 14.5%
UBER Uber Technologies, Inc. compare 12.0%
CRM Salesforce, Inc. compare 8.24%
NOW ServiceNow, Inc. 6.83%
DDOG Datadog, Inc. compare 2.78%
SNOW Snowflake Inc. compare −37.0%
Software Application industry median 0.00%
Technology sector median 0.00%
Market median 0.00%

What Return on invested capital is

Return on Invested Capital shows how much after-tax operating profit a company earns on the money its lenders and shareholders have put in.

TTM: (Operating Income × 0.625) ÷ (Shareholders Equity (Total) (latest quarter) + Long Term Debt (Total) (latest quarter) + Current Part of Debt (latest quarter) − Cash & Short Term Investments (latest quarter)); Annual: (Operating Income × 0.625) ÷ (Shareholders Equity (Total) + Long Term Debt (Total) + Current Part of Debt − Cash & Short Term Investments)

The full definition of Return on invested capital →

More on NOW