ServiceNow (NOW) EV to FCF (2013 - 2026)
ServiceNow's (NOW) EV to FCF came in at 28.31 for Q3 2026, down 39.8% from 47.00 a year earlier but up 32.3% from the prior quarter.
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Analysis
ServiceNow (NOW) EV to FCF (2013 - 2026) Analysis & Trends
For the trailing twelve months through Sep 30, 2026, EV to FCF at ServiceNow was 24.92, down 41.1% year-over-year; for FY2025, it came in at 33.69, down 46.0% from FY2024.
- In prior years, ServiceNow's EV to FCF was 62.41 in FY2024 (+20.7%), 51.69 in FY2023 (+50.8%), 34.28 in FY2022 (-51.2%) and 70.18 in FY2021 (-8.4%).
- Quarterly EV to FCF has run from a low of 21.40 in Q2 2026 to a high of 70.18 in Q4 2021 over five years.
- On a year-over-year basis, EV to FCF has declined in each of the last five quarters, with an average decline of 23.6% over the last eight quarters.
- The strongest year-over-year quarter for EV to FCF in the past five years was Q4 2023, with growth of 50.8%; the weakest was Q2 2026, with a decline of 60.4%.
- According to Business Quant data, EV to FCF for the three prior quarters was 21.40 (Q2 2026), 22.15 (Q1 2026) and 33.69 (Q4 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Palantir Technologies | 386.60 Bn | 351.42 Bn | 1.93 Bn |
| 2 | Oracle | 343.94 Bn | 216.07 Bn | - |
| 3 | Sap Se | 272.35 Bn | 199.75 Bn | 8.64 Bn |
| 4 | Salesforce | 175.46 Bn | 131.33 Bn | 8.70 Bn |
| 5 | Automatic Data Processing | 122.07 Bn | 108.86 Bn | 2.53 Bn |
| 6 | ServiceNow | 105.47 Bn | 84.73 Bn | 2.90 Bn |
| 7 | Intuit | 94.25 Bn | 73.60 Bn | 3.44 Bn |
| 8 | Relx | 73.66 Bn | 72.75 Bn | - |
| 9 | Strategy | 51.78 Bn | 38.91 Bn | 89.63 Mn |
| 10 | Thomson Reuters | 50.52 Bn | 46.49 Bn | - |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Sep 30, 2026 | 28.31 |
| Jun 30, 2026 | 21.40 |
| Mar 31, 2026 | 22.15 |
| Dec 31, 2025 | 33.69 |
| Sep 30, 2025 | 47.00 |
| Jun 30, 2025 | 53.97 |
| Mar 31, 2025 | 42.98 |
| Dec 31, 2024 | 62.41 |
| Sep 30, 2024 | 53.08 |
| Jun 30, 2024 | 50.78 |
| Mar 31, 2024 | 47.74 |
| Dec 31, 2023 | 51.69 |
| Sep 30, 2023 | 46.48 |
| Jun 30, 2023 | 47.73 |
| Mar 31, 2023 | 42.00 |
| Dec 31, 2022 | 34.28 |
| Sep 30, 2022 | 38.16 |
| Jun 30, 2022 | 45.61 |
| Mar 31, 2022 | 55.23 |
| Dec 31, 2021 | 70.18 |
API Access
ServiceNow EV to FCF API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=ev-to-fcf&ticker=NOW&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "ev-to-fcf", "ticker": "NOW", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=ev-to-fcf&ticker=NOW&period=max&api_key=YOUR_API_KEY");
const data = await res.json();