ServiceNow (NOW) Return on Capital Employed (2013 - 2026)
ServiceNow's (NOW) quarterly Return on Capital Employed came in at 10.59% in Q2 2026, down 171.0% YoY from 14.91% in Q2 2025, and down 14.08% on a QoQ basis from 12.32% in Q1 2026.
ServiceNow (NOW) Return on Capital Employed (2013 - 2026) Analysis & Trends
ServiceNow (NOW) has 14 years of Return on Capital Employed data on file, last reported at 10.59% in Q2 2026.
- Quarterly Return on Capital Employed fell 171.0% year-over-year to 10.59% in Q2 2026, while the trailing twelve-month figure through Jun 2026 was 10.59% (down 171.0% YoY) and the FY2025 annual result came in at 14.29%, up 133.0% from the prior year.
- Return on Capital Employed eased to 10.59% in Q2 2026, from 12.32% in the prior quarter.
- In the past five years, Return on Capital Employed ranged from a high of 13.54% in Q4 2025 to a low of 3.46% in Q2 2022.
- A 5-year average of 8.84% and a median of 9.57% in 2024 frame the typical range for Return on Capital Employed.
- Annual changes were most pronounced in 2024 — Return on Capital Employed soared 406 bps — and 2026, when it tumbled 171 bps.
- Tracing NOW's Return on Capital Employed over 5 years: stood at 5.73% in 2022, then jumped by 50 bps to 8.59% in 2023, then jumped by 44 bps to 12.34% in 2024, then rose by 10 bps to 13.54% in 2025, then dropped by 22 bps to 10.59% in 2026.
- The last three Return on Capital Employed figures came in at 10.59% (Q2 2026), 12.32% (Q1 2026), and 13.54% (Q4 2025), per Business Quant data.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | ROCE (Qtr) |
|---|---|---|---|---|---|
| 1 | Sap Se | 255.48 Bn | 234.41 Bn | 16.51 Bn | 38.72% |
| 2 | Shopify | 198.95 Bn | 194.00 Bn | 1.71 Bn | 14.37% |
| 3 | Salesforce | 160.70 Bn | 148.86 Bn | 8.56 Bn | 10.65% |
| 4 | Uber Technologies | 154.94 Bn | 149.73 Bn | 6.38 Bn | 13.97% |
| 5 | ServiceNow | 128.25 Bn | 123.58 Bn | 2.82 Bn | 10.59% |
| 6 | Snowflake | 114.00 Bn | 111.05 Bn | 926.45 Mn | -25.94% |
| 7 | Automatic Data Processing | 108.58 Bn | 104.35 Bn | 2.51 Bn | -46.62% |
| 8 | Adobe | 105.34 Bn | 99.72 Bn | 5.90 Bn | 51.24% |
| 9 | Intuit | 94.55 Bn | 87.77 Bn | 7.24 Bn | 23.43% |
| 10 | Datadog | 91.70 Bn | 86.71 Bn | 881.34 Mn | 0.30% |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2026 | 10.59% |
| Mar 31, 2026 | 12.32% |
| Dec 31, 2025 | 13.54% |
| Sep 30, 2025 | 12.49% |
| Jun 30, 2025 | 12.30% |
| Mar 31, 2025 | 11.94% |
| Dec 31, 2024 | 12.34% |
| Sep 30, 2024 | 10.92% |
| Jun 30, 2024 | 10.02% |
| Mar 31, 2024 | 9.11% |
| Dec 31, 2023 | 8.59% |
| Sep 30, 2023 | 6.88% |
| Jun 30, 2023 | 5.96% |
| Mar 31, 2023 | 5.35% |
| Dec 31, 2022 | 5.73% |
| Sep 30, 2022 | 3.52% |
| Jun 30, 2022 | 3.46% |
| Mar 31, 2022 | 4.09% |
| Dec 31, 2021 | 4.95% |
| Sep 30, 2021 | 4.33% |