ServiceNow Inc (NOW) — Cash Flow Reinvestment Rate
ServiceNow Inc (NOW) has a Cash Flow Reinvestment Rate of 0.37x as of December 2025, reinvesting $835.00 Million (capex $238.00 Million plus investments $597.00 Million) from operating cash flow of $2.24 Billion. Check ServiceNow Inc earnings quality ratio to evaluate the quality of earnings relative to operating cash generation.
Reinvestment Rate
Total Reinvested
Operating Cash Flow
Capital Expenditures
ServiceNow Inc Cash Flow Reinvestment Rate (2008–2025)
Historical reinvestment intensity for ServiceNow Inc across 17 annual periods. Explore NOW long-term investment intensity to see how much of total assets are deployed in long-term investments.
Annual Cash Flow Reinvestment Rate for ServiceNow Inc (2008–2025)
Year-by-year capital reinvestment analysis for ServiceNow Inc. For live market cap and broader valuation context, see market value of ServiceNow Inc.
| Year | Reinvestment Rate | Total Reinvested (USD) | Operating CF | Capex | YoY Change |
|---|---|---|---|---|---|
| 2025 | 0.21x | $1.14 Billion | $5.44 Billion | $868.00 Million | ▼ -73.4% |
| 2024 | 0.79x | $3.35 Billion | $4.27 Billion | $852.00 Million | ▼ -18.9% |
| 2023 | 0.97x | $3.29 Billion | $3.40 Billion | $694.00 Million | ▼ -15.8% |
| 2022 | 1.15x | $3.13 Billion | $2.72 Billion | $550.00 Million | ▲ +201.5% |
| 2021 | 0.38x | $836.00 Million | $2.19 Billion | $399.00 Million | ▼ -51.3% |
| 2020 | 0.78x | $1.40 Billion | $1.79 Billion | $432.52 Million | ▲ +35.0% |
| 2019 | 0.58x | $717.06 Million | $1.24 Billion | $337.58 Million | ▲ +51.8% |
| 2018 | 0.38x | $309.98 Million | $811.09 Million | $248.86 Million | ▼ -70.2% |
| 2017 | 1.28x | $825.75 Million | $642.83 Million | $157.18 Million | ▲ +14.9% |
| 2016 | 1.12x | $178.78 Million | $159.92 Million | $128.41 Million | ▲ +52.9% |
| 2015 | 0.73x | $230.42 Million | $315.09 Million | $89.23 Million | ▼ -53.2% |
| 2014 | 1.56x | $217.06 Million | $138.90 Million | $54.38 Million | ▼ -67.2% |
| 2013 | 4.76x | $389.29 Million | $81.75 Million | $55.32 Million | ▼ -2.9% |
| 2012 | 4.90x | $239.19 Million | $48.77 Million | $42.07 Million | ▲ +709.3% |
| 2011 | 0.61x | $8.00 Million | $13.20 Million | $8.00 Million | ▲ +160.0% |
| 2010 | 0.23x | $8.73 Million | $37.47 Million | $8.73 Million | ▼ -84.5% |
| 2008 | 1.50x | $300.00K | $200.00K | $300.00K | — |