ServiceNow NOW
NYSE NOW
$101.96 -0.40 (-0.39%)
At close: Nov 6, 2026 · 4:00 PM EST

ServiceNow (NOW) Return on Invested Capital [ROIC] (2018 - 2026)

Updated

ServiceNow (NOW) posted Return on Invested Capital [ROIC] of 5.25% for Q3 2026.

Analysis

ServiceNow (NOW) Return on Invested Capital [ROIC] (2018 - 2026) Analysis & Trends

For FY2022, ServiceNow's Return on Invested Capital [ROIC] came in at 4.91%, up 0.03 percentage points from FY2021.

  • Annual Return on Invested Capital [ROIC] has increased for five consecutive years, with a five-year change of +11.82 percentage points (FY2017 to FY2022).
  • In prior years, ServiceNow's Return on Invested Capital [ROIC] was 4.87% in FY2021 (+0.58 pp), 4.30% in FY2020 (+2.19 pp), 2.11% in FY2019 (+4.50 pp) and -2.39% in FY2018 (+4.52 pp).
  • The Q3 2026 figure stands as the highest quarterly Return on Invested Capital [ROIC] in data going back to Q1 2018.
Peer Set

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) ROIC (Qtr)
1 Palantir Technologies 386.60 Bn 351.42 Bn 1.93 Bn -
2 Oracle 343.94 Bn 216.07 Bn - 10.99%
3 Sap Se 272.35 Bn 199.75 Bn 8.64 Bn 35.64%
4 Salesforce 175.46 Bn 131.33 Bn 8.70 Bn 9.01%
5 Automatic Data Processing 122.07 Bn 108.86 Bn 2.53 Bn -47.20%
6 ServiceNow 105.47 Bn 84.73 Bn 2.90 Bn 5.25%
7 Intuit 94.25 Bn 73.60 Bn 3.44 Bn 16.71%
8 Relx 73.66 Bn 72.75 Bn - -
9 Strategy 51.78 Bn 38.91 Bn 89.63 Mn -27.59%
10 Thomson Reuters 50.52 Bn 46.49 Bn - 2,275.53%
Historic Data

Historic Data

Download Data
DateValue
Sep 30, 2026 5.25%
Dec 31, 2022 4.62%
Sep 30, 2022 3.26%
Jun 30, 2022 3.33%
Mar 31, 2022 4.32%
Dec 31, 2021 4.57%
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%
API Access

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