ServiceNow (NOW) Return on Capital Employed (2013 - 2026)

ServiceNow (NOW) posted quarterly Return on Capital Employed of 10.59% for Q2 2026, down 171.0% year-on-year 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 reported Return on Capital Employed for 14 consecutive years, with 10.59% the latest figure, recorded 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 retreated to 10.59% in Q2 2026 per NOW's latest filing, from 12.32% in the prior quarter.
  • Over the last five years, Return on Capital Employed for NOW reached as high as 13.54% in Q4 2025 and fell as low as 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 jumped 406 bps — and 2026, when it slumped 171 bps.
  • Year by year, Return on Capital Employed 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 climbed by 10 bps to 13.54% in 2025, then retreated by 22 bps to 10.59% in 2026.
  • According to Business Quant data, Return on Capital Employed over the past three periods registered 10.59%, 12.32%, and 13.54% for Q2 2026, Q1 2026, and Q4 2025 respectively.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) ROCE (Qtr)
1 Sap Se 208.91 Bn 189.27 Bn 8.16 Bn 40.19%
2 Full Truck Alliance 188.77 Bn 186.13 Bn - 9.52%
3 Shopify 145.98 Bn 140.23 Bn 1.55 Bn 12.40%
4 Uber Technologies 141.48 Bn 140.44 Bn 5.95 Bn 12.81%
5 Salesforce 128.51 Bn 116.67 Bn 8.56 Bn 10.65%
6 ServiceNow 98.38 Bn 93.20 Bn 2.82 Bn 10.59%
7 Automatic Data Processing 97.56 Bn 94.34 Bn 2.87 Bn -7.29%
8 Snowflake 91.55 Bn 88.59 Bn 926.45 Mn -25.94%
9 Cadence Design Systems 89.91 Bn 88.50 Bn 1.41 Bn 17.43%
10 Datadog 86.34 Bn 81.58 Bn 797.20 Mn -0.48%

Historic Data

Download Data
DateValue
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%