Skip to content

ServiceNow NOW Current ratio

Current ratio at other companies

International Business Machines logo
International Business MachinesIBM
0.8×-0.2×
Salesforce logo
SalesforceCRM
0.8×-0.3×
Workday, Inc. logo
Workday, Inc.WDAY
-1.1×
Oracle logo
OracleORCL
1.3×+0.3×
Atlassian logo
AtlassianTEAM
0.7×-0.6×
Accenture logo
AccentureACN
1.3×-0.1×

Other financials

Income statement

See full
Revenue$3.8B+22.1%
Gross profit$2.8B+16.1%
Operating income$503.0M+11.5%
Net income$469.0M+2.0%
EPS (diluted)$0.45+2.3%

Balance sheet

See full
Cash & equivalents$2.7B-19.8%
Total debt$940.0M+3.4%
Total equity$11.7B+15.7%
Total assets$24.4B+16.3%

Cash flow

See full
Operating cash flow$1.7B-0.4%
CapEx$141.0M-31.2%
Free cash flow$1.5B+3.9%

Valuation

See full
Market cap$98.02B-33.5%
Enterprise value$96.25B-33.6%
P/E55.8×-40.0×
P/S-5.8×

Profitability

See full
Gross margin76.6%-2.4pp
Operating margin13.4%+0.5pp
Net margin12.6%-0.8pp
FCF margin33.2%+1.1pp

Returns & leverage

See full
Return on equity16.1%-0.8pp
Debt / equity0.1×0.0×

Where this comes from

Calculated from ServiceNow’s reported figures.

Based on the most recent quarter.

The official record: ServiceNow’s 10-Q, filed April 23, 2026, on SEC EDGAR. View the filing →

Ask your AI about ServiceNow's current ratio.

Connect your AI assistant and compare it to peers, right in your chat.

Connect your AI
Harbor at dusk
Claude

Questions, answered.

What is ServiceNow's current ratio?
ServiceNow (NOW) reported current ratio of 0.8× in Q1 2026.
How has ServiceNow's current ratio changed year-over-year?
ServiceNow's current ratio decreased by 24.7% year-over-year, from 1.1× to 0.8×.
What is the long-term trend for ServiceNow's current ratio?
Over 5 years (2020 to 2025), ServiceNow's current ratio has grown at a -3.7% compound annual growth rate (CAGR), from 1.2× to 1×.
What does current ratio mean?
Whether the company has enough short-term assets to cover its short-term bills.
How do you interpret current ratio?
Above 1.0 means short-term assets cover short-term liabilities. Very high values can signal idle cash or bloated inventory/receivables rather than strength — there's a healthy middle, not 'more is better'.
How does current ratio compare across companies?
Comparable within an industry. Working-capital-light businesses can operate safely below 1.0 by collecting before they pay.