ServiceNow Inc (NOW) — Capital Reinvestment Ratio
ServiceNow Inc (NOW) has a Capital Reinvestment Ratio of 0.11x as of December 2025, meaning it reinvests 0% of its operating cash flow ($2.24 Billion) in capital expenditures ($238.00 Million). Check tangible equity quality of ServiceNow Inc to evaluate the tangible quality of the company's equity base.
Capital Reinvestment Ratio
Operating Cash Flow
Capital Expenditures
Data as of
ServiceNow Inc Capital Reinvestment Ratio (2008–2025)
This chart tracks ServiceNow Inc's Capital Reinvestment Ratio across 17 annual periods. For the full cash flow conversion analysis, see NOW cash flow conversion.
Annual Capital Reinvestment Ratio for ServiceNow Inc (2008–2025)
Year-by-year Capital Reinvestment Ratio for ServiceNow Inc from 2008 to 2025. See ServiceNow Inc free cash flow ratio to measure how efficiently the company converts operating cash flow to free cash.
| Year | Reinvestment Ratio | Operating CF (USD) | Capital Expenditures | YoY Change |
|---|---|---|---|---|
| 2025 | 0.16x | $5.44 Billion | $868.00 Million | ▼ -20.1% |
| 2024 | 0.20x | $4.27 Billion | $852.00 Million | ▼ -2.2% |
| 2023 | 0.20x | $3.40 Billion | $694.00 Million | ▲ +1.1% |
| 2022 | 0.20x | $2.72 Billion | $550.00 Million | ▲ +10.9% |
| 2021 | 0.18x | $2.19 Billion | $399.00 Million | ▼ -24.8% |
| 2020 | 0.24x | $1.79 Billion | $432.52 Million | ▼ -11.4% |
| 2019 | 0.27x | $1.24 Billion | $337.58 Million | ▼ -11.0% |
| 2018 | 0.31x | $811.09 Million | $248.86 Million | ▲ +25.5% |
| 2017 | 0.24x | $642.83 Million | $157.18 Million | ▼ -69.5% |
| 2016 | 0.80x | $159.92 Million | $128.41 Million | ▲ +183.5% |
| 2015 | 0.28x | $315.09 Million | $89.23 Million | ▼ -27.7% |
| 2014 | 0.39x | $138.90 Million | $54.38 Million | ▼ -42.1% |
| 2013 | 0.68x | $81.75 Million | $55.32 Million | ▼ -21.5% |
| 2012 | 0.86x | $48.77 Million | $42.07 Million | ▲ +42.3% |
| 2011 | 0.61x | $13.20 Million | $8.00 Million | ▲ +160.0% |
| 2010 | 0.23x | $37.47 Million | $8.73 Million | ▼ -84.5% |
| 2008 | 1.50x | $200.00K | $300.00K | — |