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ServiceNow NOW Return on equity

Return on equity at other companies

International Business Machines logo
International Business MachinesIBM
35.9%+14.1pp
Salesforce logo
SalesforceCRM
16.9%+6.6pp
Workday, Inc. logo
Workday, Inc.WDAY
10.9%+5.2pp
Oracle logo
OracleORCL
58.7%-50.1pp
Atlassian logo
AtlassianTEAM
-19.3%-5.9pp
Accenture logo
AccentureACN
24.9%-2.3pp

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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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 equity?
ServiceNow (NOW) reported return on equity of 16.1% in Q1 2026.
How has ServiceNow's return on equity changed year-over-year?
ServiceNow's return on equity decreased by 4.7% year-over-year, from 16.9% to 16.1%.
What is the long-term trend for ServiceNow's return on equity?
Over 5 years (2020 to 2025), ServiceNow's return on equity has grown at a 26.4% compound annual growth rate (CAGR), from 4.8% to 15.5%.
What does return on equity mean?
How much profit the company earns on the money shareholders have invested.
How do you interpret return on equity?
Higher is better, but very high ROE can be manufactured by leverage — a thin equity base inflates the ratio. Read it next to debt-to-equity and ROIC to tell genuine returns from balance-sheet engineering.
How does return on equity compare across companies?
Comparable across peers, with the leverage caveat. Negative or near-zero equity makes ROE meaningless, so it is suppressed there.