ServiceNow (NOW) Return on Capital Employed (2013 - 2026)
ServiceNow posted quarterly Return on Capital Employed of 12.32% for Q1 2026, up 38.0% year-on-year from 8.93% in Q1 2025, and down 9.01% on a QoQ basis from 13.54% in Q4 2025.
ServiceNow (NOW) has 14 years of Return on Capital Employed data on file, last reported at 12.32% in Q1 2026.
- For the quarter ending Q1 2026, Return on Capital Employed rose 38.0% year-over-year to 12.32%; the trailing twelve-month figure through Mar 2026 stood at 12.32% (up 38.0% YoY), and the FY2025 full-year result was 14.29%, up 133.0% from the prior year.
- Return on Capital Employed for Q1 2026 stood at 12.32%, down from 13.54% in the prior quarter.
- Across five years, Return on Capital Employed topped out at 13.54% in Q4 2025 and bottomed at 3.46% in Q2 2022.
- The 5-year median for Return on Capital Employed is 9.11% (2024), against an average of 8.74%.
- The widest annual swing landed in 2022, when Return on Capital Employed plunged 115 bps; it then soared 406 bps in 2024.
- A 5-year view of Return on Capital Employed shows it stood at 5.73% in 2022, then surged by 50 bps to 8.59% in 2023, then surged by 44 bps to 12.34% in 2024, then gained by 10 bps to 13.54% in 2025, then decreased by 9 bps to 12.32% in 2026.
- The last three Return on Capital Employed figures came in at 12.32% (Q1 2026), 13.54% (Q4 2025), and 12.49% (Q3 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | ROCE (Qtr) |
|---|---|---|---|---|---|
| 1 | Sap Se | 253.17 Bn | 235.20 Bn | 8.16 Bn | 40.19% |
| 2 | Salesforce | 171.07 Bn | 161.50 Bn | 8.69 Bn | 12.51% |
| 3 | Uber Technologies | 151.10 Bn | 150.06 Bn | 11.88 Bn | 12.81% |
| 4 | Shopify | 134.25 Bn | 128.50 Bn | 1.55 Bn | 12.40% |
| 5 | ServiceNow | 105.72 Bn | 100.54 Bn | 2.83 Bn | 12.32% |
| 6 | Cadence Design Systems | 101.64 Bn | 100.23 Bn | 1.26 Bn | 17.43% |
| 7 | Adobe | 100.35 Bn | 93.46 Bn | 5.73 Bn | 49.21% |
| 8 | Automatic Data Processing | 90.91 Bn | 87.68 Bn | 2.87 Bn | -20.99% |
| 9 | Intuit | 88.30 Bn | 81.52 Bn | 6.77 Bn | 23.43% |
| 10 | Datadog | 78.54 Bn | 73.78 Bn | 797.20 Mn | -0.48% |
Historic Data
Download Data| Date | Value |
|---|---|
| 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% |
| Jun 30, 2021 | 4.61% |
| Mar 31, 2021 | 4.84% |
| Dec 31, 2020 | 4.45% |
| Sep 30, 2020 | 4.90% |
| Jun 30, 2020 | 5.60% |
| Mar 31, 2020 | 3.15% |
| Dec 31, 2019 | 1.59% |
| Sep 30, 2019 | 0.56% |
| Jun 30, 2019 | -1.44% |
| Mar 31, 2019 | -1.85% |
| Dec 31, 2018 | -2.47% |
| Sep 30, 2018 | -2.55% |
| Jun 30, 2018 | -3.26% |
| Mar 31, 2018 | -4.11% |
| Dec 31, 2017 | -5.07% |
| Sep 30, 2017 | -2.71% |
| Jun 30, 2017 | -5.21% |
| Mar 31, 2017 | -8.29% |
| Dec 31, 2016 | -44.86% |
| Sep 30, 2016 | -49.70% |
| Jun 30, 2016 | -45.78% |
| Mar 31, 2016 | -55.07% |
| Dec 31, 2015 | -16.58% |
| Sep 30, 2015 | -17.60% |
| Jun 30, 2015 | -19.07% |
| Mar 31, 2015 | -18.50% |
| Dec 31, 2014 | -17.70% |
| Sep 30, 2014 | -15.57% |
| Jun 30, 2014 | -13.65% |
| Mar 31, 2014 | -10.78% |
| Dec 31, 2013 | -12.15% |
| Sep 30, 2013 | -19.30% |
| Jun 30, 2013 | -19.70% |
| Mar 31, 2013 | -15.44% |