ServiceNow (NOW) Return on Invested Capital [ROIC] (2018 - 2022)
ServiceNow (NOW) posted Return on Invested Capital [ROIC] of 6.05% for Q4 2022, up 0.72 percentage points from 5.34% a year earlier and up 1.68 percentage points from the prior quarter.
ServiceNow (NOW) Return on Invested Capital [ROIC] (2018 - 2022) Analysis & Trends
For FY2022, ServiceNow's Return on Invested Capital [ROIC] came in at 6.56%, up 0.81 percentage points from FY2021.
- Annual Return on Invested Capital [ROIC] has increased for five consecutive years, with a five-year change of +13.47 percentage points (FY2017 to FY2022).
- In prior years, ServiceNow's Return on Invested Capital [ROIC] was 5.75% in FY2021 (+1.45 pp), 4.30% in FY2020 (+2.19 pp), 2.11% in FY2019 (+4.50 pp) and -2.39% in FY2018 (+4.52 pp).
- The Q4 2022 figure stands as the highest quarterly Return on Invested Capital [ROIC] in data going back to Q1 2018.
- On a year-over-year basis, Return on Invested Capital [ROIC] increased in four of the last five quarters, with an average year-over-year change of +0.83 percentage points.
- According to Business Quant data, Return on Invested Capital [ROIC] for the three prior quarters was 4.37% (Q3 2022), 4.53% (Q2 2022) and 5.95% (Q1 2022).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | ROIC (Qtr) |
|---|---|---|---|---|---|
| 1 | Palantir Technologies | 480.73 Bn | 449.68 Bn | 1.64 Bn | - |
| 2 | Oracle | 399.91 Bn | 272.04 Bn | - | 10.99% |
| 3 | Sap Se | 262.30 Bn | 190.08 Bn | 8.40 Bn | 35.90% |
| 4 | Salesforce | 202.26 Bn | 158.13 Bn | 8.70 Bn | 9.01% |
| 5 | ServiceNow | 153.84 Bn | 132.30 Bn | 2.82 Bn | - |
| 6 | Automatic Data Processing | 114.84 Bn | 96.97 Bn | 2.51 Bn | -46.53% |
| 7 | Intuit | 91.04 Bn | 70.38 Bn | 3.44 Bn | 16.71% |
| 8 | Relx | 70.51 Bn | 69.60 Bn | - | - |
| 9 | Strategy | 53.24 Bn | 46.23 Bn | 81.55 Mn | -73.94% |
| 10 | Thomson Reuters | 48.40 Bn | 45.18 Bn | - | - |
Historic Data
| Date | Value |
|---|---|
| Dec 31, 2022 | 6.05% |
| Sep 30, 2022 | 4.37% |
| Jun 30, 2022 | 4.53% |
| Mar 31, 2022 | 5.95% |
| Dec 31, 2021 | 5.34% |
| Sep 30, 2021 | 4.61% |
| Jun 30, 2021 | 4.47% |
| Mar 31, 2021 | 4.12% |
| Dec 31, 2020 | 3.57% |
| Dec 31, 2018 | -2.53% |
| Sep 30, 2018 | -3.60% |
| Jun 30, 2018 | -4.59% |
| Mar 31, 2018 | -4.02% |
ServiceNow Return on Invested Capital [ROIC] 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=return-on-invested-capital-%5Broic%5D&ticker=NOW&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "return-on-invested-capital-[roic]", "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=return-on-invested-capital-%5Broic%5D&ticker=NOW&period=max&api_key=YOUR_API_KEY");
const data = await res.json();