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ServiceNow NOW Return on assets

Return on assets at other companies

International Business Machines logo
International Business MachinesIBM
7.1%+3.3pp
Salesforce logo
SalesforceCRM
7.8%+1.4pp
Workday, Inc. logo
Workday, Inc.WDAY
5.1%+2.1pp
Oracle logo
OracleORCL
8%-0.2pp
Atlassian logo
AtlassianTEAM
-3.8%-1.3pp
Accenture logo
AccentureACN
11.8%-1.7pp

Other financials

Income statement

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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

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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

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

Valuation

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

Profitability

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

Returns & leverage

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Return on equity16.1%-0.8pp
Debt / equity0.1×0.0×
Current ratio0.8×-0.3×

Where this comes from

Calculated from ServiceNow’s reported figures.

Based on trailing twelve months.

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

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Questions, answered.

What is ServiceNow's return on assets?
ServiceNow (NOW) reported return on assets of 7.7% in Q1 2026.
How has ServiceNow's return on assets changed year-over-year?
ServiceNow's return on assets decreased by 3.0% year-over-year, from 8% to 7.7%.
What is the long-term trend for ServiceNow's return on assets?
Over 5 years (2020 to 2025), ServiceNow's return on assets has grown at a 36.1% compound annual growth rate (CAGR), from 1.6% to 7.5%.
What does return on assets mean?
How much profit the company squeezes out of everything it owns.
How do you interpret return on assets?
Higher means more productive assets. Unlike ROE, it is unaffected by leverage, so a wide ROE-minus-ROA gap flags a heavily levered balance sheet.
How does return on assets compare across companies?
Best compared within an industry — asset intensity varies enormously across sectors. Not meaningful for banks, whose assets are largely financial.