ServiceNow (NOW) Asset Utilization Ratio (2013 - 2026)
ServiceNow's (NOW) quarterly Asset Utilization Ratio came in at 0.53 in Q2 2026, down 6.21% YoY from 0.56 in Q2 2025, and down 5.07% on a QoQ basis from 0.55 in Q1 2026.
ServiceNow (NOW) Asset Utilization Ratio (2013 - 2026) Analysis & Trends
ServiceNow (NOW) has 14 years of Asset Utilization Ratio data on file, last reported at 0.53 in Q2 2026.
- Quarterly Asset Utilization Ratio fell 6.21% year-over-year to 0.53 in Q2 2026, while the trailing twelve-month figure through Jun 2026 was 0.53 (down 6.21% YoY) and the FY2025 annual result came in at 0.57, down 1.64% from the prior year.
- Asset Utilization Ratio eased to 0.53 in Q2 2026, from 0.55 in the prior quarter.
- In the past five years, Asset Utilization Ratio ranged from a high of 0.62 in Q3 2022 to a low of 0.53 in Q2 2026.
- A 5-year average of 0.57 and a median of 0.56 in 2023 frame the typical range for Asset Utilization Ratio.
- Annual changes were most pronounced in 2022 — Asset Utilization Ratio advanced 5.14% — and 2023, when it fell 9.38%.
- Tracing NOW's Asset Utilization Ratio over 5 years: stood at 0.59 in 2022, then declined by 6.96% to 0.55 in 2023, then rose by 2.44% to 0.57 in 2024, then dropped by 1.89% to 0.56 in 2025, then slipped by 5.32% to 0.53 in 2026.
- The last three Asset Utilization Ratio figures came in at 0.53 (Q2 2026), 0.55 (Q1 2026), and 0.56 (Q4 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Asset Util. (Qtr) |
|---|---|---|---|---|---|
| 1 | Sap Se | 255.48 Bn | 234.41 Bn | 16.51 Bn | 0.52 |
| 2 | Shopify | 198.95 Bn | 194.00 Bn | 1.71 Bn | 0.93 |
| 3 | Salesforce | 160.70 Bn | 148.86 Bn | 8.56 Bn | 0.39 |
| 4 | Uber Technologies | 154.94 Bn | 149.73 Bn | 6.38 Bn | 0.88 |
| 5 | ServiceNow | 128.25 Bn | 123.58 Bn | 2.82 Bn | 0.53 |
| 6 | Snowflake | 114.00 Bn | 111.05 Bn | 926.45 Mn | 0.57 |
| 7 | Automatic Data Processing | 108.58 Bn | 104.35 Bn | 2.51 Bn | 0.34 |
| 8 | Adobe | 105.34 Bn | 99.72 Bn | 5.90 Bn | 0.85 |
| 9 | Intuit | 94.55 Bn | 87.77 Bn | 7.24 Bn | 0.57 |
| 10 | Datadog | 91.70 Bn | 86.71 Bn | 881.34 Mn | 0.55 |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2026 | 0.53 |
| Mar 31, 2026 | 0.55 |
| Dec 31, 2025 | 0.56 |
| Sep 30, 2025 | 0.58 |
| Jun 30, 2025 | 0.56 |
| Mar 31, 2025 | 0.55 |
| Dec 31, 2024 | 0.57 |
| Sep 30, 2024 | 0.57 |
| Jun 30, 2024 | 0.56 |
| Mar 31, 2024 | 0.54 |
| Dec 31, 2023 | 0.55 |
| Sep 30, 2023 | 0.56 |
| Jun 30, 2023 | 0.56 |
| Mar 31, 2023 | 0.57 |
| Dec 31, 2022 | 0.59 |
| Sep 30, 2022 | 0.62 |
| Jun 30, 2022 | 0.60 |
| Mar 31, 2022 | 0.57 |
| Dec 31, 2021 | 0.58 |
| Sep 30, 2021 | 0.59 |