ServiceNow Financial Ratios
NYSE: NOWTechnologyComputer Software: Prepackaged SoftwareUSD
At close: Oct 9, 4:00 PM ET · Delayed 15 min
ServiceNow ratio analysis
ServiceNow earned a net margin of 13.2% in FY 2025, up from 13.0% a year earlier. Gross margin was 77.5% compared with a median of 77.1% over the prior 9 years. Return on equity reached 13.5%, meaning ServiceNow generated 0.13 dollars of profit for every dollar of shareholders' equity.
Debt-to-equity stood at 0.12, and the current ratio was 1.00. At the end of FY 2025, NOW traded at 88.3 times earnings; across the 7 fiscal years shown, its year-end P/E ranged from 18.3 to 186.6, with a median of 88.3. Valuation ratios use the closing share price on each fiscal year-end date and diluted shares from the income statement; profitability and leverage ratios use reported annual figures. Current valuation multiples are on the statistics page.
Summary generated from market data by MetaCap's automated system. Methodology
ServiceNow financial ratios (annual)
| Ratio | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|
| P/E ratio (at fiscal year end) | 88.29 | 156.75 | 84.11 | 48.53 | 114.89 | 186.59 | 18.31 | — | — | — |
| Price / sales | 11.51 | 20.12 | 16.08 | 2.16 | 4.36 | 4.70 | 3.14 | 2.44 | 2.31 | 1.76 |
| Price / book | 11.79 | 23.00 | 18.91 | 3.11 | 6.96 | 7.50 | 5.10 | 5.74 | 5.73 | 4.52 |
| Gross margin | 77.5% | 79.2% | 78.6% | 78.3% | 77.1% | 78.2% | 77.0% | 76.1% | 73.4% | 71.3% |
| Operating margin | 13.7% | 12.4% | 8.5% | 4.9% | 4.4% | 4.4% | 1.2% | -1.6% | -3.3% | -27.5% |
| Net margin | 13.2% | 13.0% | 19.3% | 4.5% | 3.9% | 2.6% | 18.1% | -1.0% | -6.0% | -29.8% |
| Free cash flow margin | 34.5% | 31.1% | 30.1% | 30.0% | 30.5% | 30.3% | 28.1% | 22.5% | 25.5% | 3.8% |
| Return on equity (ROE) | 13.5% | 14.8% | 22.7% | 6.5% | 6.2% | 4.2% | 29.5% | -2.4% | -15.0% | -76.6% |
| Return on assets (ROA) | 6.7% | 7.0% | 10.0% | 2.4% | 2.1% | 1.4% | 10.4% | -0.7% | -3.3% | -20.4% |
| Debt / equity | 0.12 | — | — | 0.00 | 0.02 | 0.58 | 0.33 | — | — | — |
| Current ratio | 1.00 | 1.10 | 1.06 | 1.11 | 1.05 | 1.21 | 1.03 | 1.17 | 1.19 | 1.25 |
| Revenue growth | 20.9% | 22.4% | 23.8% | 22.9% | 30.5% | 30.6% | 32.6% | 35.0% | 39.0% | 38.3% |
| EPS growth | 21.9% | -18.5% | 5.0% | 41.6% | 91.5% | -81.4% | — | — | — | — |