ServiceNow (NOW) Debt Ratio (2019 - 2026)

ServiceNow (NOW) posted quarterly Debt Ratio of 0.24 for Q2 2026, up 314.55% on a QoQ basis from 0.06 in Q4 2025.

ServiceNow (NOW) Debt Ratio (2019 - 2026) Analysis & Trends

ServiceNow (NOW) has reported Debt Ratio for 6 consecutive years, with 0.24 the latest figure, recorded in Q2 2026.

  • Quarterly Debt Ratio changed N/A year-over-year to 0.24 in Q2 2026, while the trailing twelve-month figure through Jun 2026 was 0.24 (changed N/A YoY) and the FY2025 annual result came in at 0.06, changed N/A from the prior year.
  • Debt Ratio improved to 0.24 in Q2 2026 per NOW's latest filing, from 0.06 in the prior quarter.
  • Over the last five years, Debt Ratio for NOW reached as high as 0.24 in Q2 2026 and fell as low as 0.06 in Q4 2025.
  • A 3-year average of 0.14 and a median of 0.13 in 2022 frame the typical range for Debt Ratio.
  • The largest YoY upside for Debt Ratio was 19.64% in 2022 against a maximum downside of 23.44% in 2022.
  • Year by year, Debt Ratio stood at 0.11 in 2022, then sank by 48.75% to 0.06 in 2025, then surged by 314.55% to 0.24 in 2026.
  • According to Business Quant data, Debt Ratio over the past three periods registered 0.24, 0.06, and 0.11 for Q2 2026, Q4 2025, and Q4 2022 respectively.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Debt Ratio (Qtr)
1 Sap Se 208.91 Bn 189.27 Bn 8.16 Bn 0.08
2 Full Truck Alliance 188.77 Bn 186.13 Bn - 0.00
3 Shopify 145.98 Bn 140.23 Bn 1.55 Bn -
4 Uber Technologies 141.48 Bn 140.44 Bn 5.95 Bn 0.18
5 Salesforce 128.51 Bn 116.67 Bn 8.56 Bn 0.37
6 ServiceNow 98.38 Bn 93.20 Bn 2.82 Bn 0.24
7 Automatic Data Processing 97.56 Bn 94.34 Bn 2.87 Bn 0.06
8 Snowflake 91.55 Bn 88.59 Bn 926.45 Mn -
9 Cadence Design Systems 89.91 Bn 88.50 Bn 1.41 Bn 0.24
10 Datadog 86.34 Bn 81.58 Bn 797.20 Mn -

Historic Data

Download Data
DateValue
Jun 30, 2026 0.24
Dec 31, 2025 0.06
Dec 31, 2022 0.11
Sep 30, 2022 0.13
Jun 30, 2022 0.13
Mar 31, 2022 0.14
Dec 31, 2021 0.15
Sep 30, 2021 0.17
Jun 30, 2021 0.17
Mar 31, 2021 0.18
Dec 31, 2020 0.17
Sep 30, 2020 0.22
Dec 31, 2019 0.12