ServiceNow (NOW) Asset Utilization Ratio (2013 - 2026)
ServiceNow (NOW) reported Asset Utilization Ratio of 0.55 for Q1 2026, little changed on a YoY basis from 0.55 in Q1 2025, and little changed quarter-over-quarter from 0.56 in Q4 2025.
ServiceNow (NOW) Asset Utilization Ratio (2013 - 2026) Analysis & Trends
ServiceNow has reported Asset Utilization Ratio for 14 years, with the latest figure at 0.55 in Q1 2026.
- For the quarter ending Q1 2026, Asset Utilization Ratio changed 0.16% year-over-year to 0.55; the trailing twelve-month figure through Mar 2026 stood at 0.55 (changed 0.16% YoY), and the FY2025 full-year result was 0.57, down 1.64% from the prior year.
- Asset Utilization Ratio for Q1 2026 stood at 0.55, roughly flat from 0.56 in the prior quarter.
- The five-year high for Asset Utilization Ratio was 0.62 in Q3 2022, with the low at 0.54 in Q1 2024.
- Historically, Asset Utilization Ratio has averaged 0.57 across 5 years, with a median of 0.56 in 2023.
- Annual changes were most pronounced in 2022 — Asset Utilization Ratio advanced 5.14% — and 2023, when it fell 9.38%.
- ServiceNow's Asset Utilization Ratio 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 decreased by 0.27% to 0.55 in 2026.
- The last three Asset Utilization Ratio figures came in at 0.55 (Q1 2026), 0.56 (Q4 2025), and 0.58 (Q3 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Asset Util. (Qtr) |
|---|---|---|---|---|---|
| 1 | Sap Se | 238.14 Bn | 220.17 Bn | 8.16 Bn | 0.51 |
| 2 | Full Truck Alliance | 166.83 Bn | 164.28 Bn | - | - |
| 3 | Uber Technologies | 150.36 Bn | 149.32 Bn | 11.88 Bn | 0.88 |
| 4 | Shopify | 147.75 Bn | 142.01 Bn | 1.55 Bn | 0.84 |
| 5 | Salesforce | 140.39 Bn | 128.55 Bn | 8.56 Bn | 0.39 |
| 6 | Cadence Design Systems | 105.73 Bn | 104.32 Bn | 1.26 Bn | 0.50 |
| 7 | ServiceNow | 105.42 Bn | 100.24 Bn | 2.83 Bn | 0.55 |
| 8 | Automatic Data Processing | 89.57 Bn | 86.34 Bn | 2.87 Bn | 0.29 |
| 9 | Adobe | 85.05 Bn | 78.16 Bn | 5.90 Bn | 0.85 |
| 10 | Snowflake | 82.57 Bn | 79.61 Bn | 926.45 Mn | 0.57 |
Historic Data
Download Data| Date | Value |
|---|---|
| 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 |
| Jun 30, 2021 | 0.57 |