ServiceNow Inc
ServiceNow, Inc. provides cloud-based solution for digital workflows in the North America, Europe, the Middle East and Africa, Asia Pacific, and internationally. The company provides asset management, integrated risk management, IT service management, Operational Technology management, Security Operations, strategic portfolio management, IT operations management products; customer service managem… Read more
ServiceNow Inc (NOW) - Net Assets
Latest net assets as of December 2025: $12.96 Billion USD
Based on the latest financial reports, ServiceNow Inc (NOW) has net assets worth $12.96 Billion USD as of December 2025.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets ($26.04 Billion) and total liabilities ($13.07 Billion). This figure indicates the residual interest in the assets after deducting liabilities, essentially showing what would remain for shareholders if all assets were liquidated and all debts paid off.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | $12.96 Billion |
| % of Total Assets | 49.79% |
| Annual Growth Rate | N/A |
| 5-Year Change | 250.85% |
| 10-Year Change | 3250.21% |
| Growth Volatility | 32.33 |
ServiceNow Inc - Net Assets Trend (2009–2025)
This chart illustrates how ServiceNow Inc's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for ServiceNow Inc (2009–2025)
The table below shows the annual net assets of ServiceNow Inc from 2009 to 2025.
| Year | Net Assets | Change |
|---|---|---|
| 2025-12-31 | $12.96 Billion | +34.92% |
| 2024-12-31 | $9.61 Billion | +25.97% |
| 2023-12-31 | $7.63 Billion | +51.59% |
| 2022-12-31 | $5.03 Billion | +36.18% |
| 2021-12-31 | $3.69 Billion | +30.38% |
| 2020-12-31 | $2.83 Billion | +33.18% |
| 2019-12-31 | $2.13 Billion | +91.50% |
| 2018-12-31 | $1.11 Billion | +42.69% |
| 2017-12-31 | $778.74 Million | +101.25% |
| 2016-12-31 | $386.96 Million | -31.73% |
| 2015-12-31 | $566.81 Million | +32.22% |
| 2014-12-31 | $428.68 Million | +8.73% |
| 2013-12-31 | $394.26 Million | +61.98% |
| 2012-12-31 | $243.41 Million | +523.86% |
| 2011-12-31 | $-57.43 Million | +1.64% |
| 2010-12-31 | $-58.38 Million | 0.00% |
| 2009-12-31 | $-58.38 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to ServiceNow Inc's total equity over time. Equity components include common stock, retained earnings, additional paid-in capital, and other elements.
Equity Composition Insights
- Retained earnings have grown by 530345600000.0% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2025)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | $5.24 Billion | 40.44% |
| Common Stock | $1.00 Million | 0.01% |
| Other Comprehensive Income | $19.00 Million | 0.15% |
| Other Components | $7.70 Billion | 59.41% |
| Total Equity | $12.96 Billion | 100.00% |
ServiceNow Inc Competitors by Market Cap
The table below lists competitors of ServiceNow Inc ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Lloyds Banking Group PLC CEDEAR
BA:LYG
|
$113.64 Billion |
|
Schneider Electric SE
PINK:SBGSF
|
$114.97 Billion |
|
UBS Group AG
NYSE:UBS
|
$115.17 Billion |
|
McKesson Corporation
NYSE:MCK
|
$115.38 Billion |
|
Medtronic PLC
NYSE:MDT
|
$112.92 Billion |
|
Altria Group
NYSE:MO
|
$112.89 Billion |
|
Parker-Hannifin Corporation
NYSE:PH
|
$112.54 Billion |
|
BYD Company Limited
PINK:BYDDF
|
$112.14 Billion |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in ServiceNow Inc's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2024 to 2025, total equity changed from 9,609,000,000 to 12,964,000,000, a change of 3,355,000,000 (34.9%).
- Net income of 1,748,000,000 contributed positively to equity growth.
- Share repurchases of 1,840,000,000 reduced equity.
- Other comprehensive income increased equity by 87,000,000.
- Other factors increased equity by 3,360,000,000.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | $1.75 Billion | +13.48% |
| Share Repurchases | $1.84 Billion | -14.19% |
| Other Comprehensive Income | $87.00 Million | +0.67% |
| Other Changes | $3.36 Billion | +25.92% |
| Total Change | $- | 34.92% |
Book Value vs Market Value Analysis
This analysis compares ServiceNow Inc's book value (net assets) with its market value over time. The relationship between these values can provide insights into investor sentiment and company valuation.
Valuation Insights
- Current price-to-book ratio: 9.28x
- The company is trading at a significant premium to its book value, suggesting the market values its earnings potential, brand, or other intangibles highly.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2009-12-31 | $-0.10 | $114.88 | x |
| 2010-12-31 | $-0.10 | $114.88 | x |
| 2011-12-31 | $-0.48 | $114.88 | x |
| 2012-12-31 | $0.38 | $114.88 | x |
| 2013-12-31 | $2.91 | $114.88 | x |
| 2014-12-31 | $2.95 | $114.88 | x |
| 2015-12-31 | $3.64 | $114.88 | x |
| 2016-12-31 | $2.35 | $114.88 | x |
| 2017-12-31 | $0.91 | $114.88 | x |
| 2018-12-31 | $6.25 | $114.88 | x |
| 2019-12-31 | $2.16 | $114.88 | x |
| 2020-12-31 | $2.80 | $114.88 | x |
| 2021-12-31 | $3.64 | $114.88 | x |
| 2022-12-31 | $4.94 | $114.88 | x |
| 2023-12-31 | $7.42 | $114.88 | x |
| 2024-12-31 | $9.22 | $114.88 | x |
| 2025-12-31 | $12.38 | $114.88 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently ServiceNow Inc utilizes its equity to generate returns, including Return on Equity (ROE) and its components based on the DuPont analysis framework.
Capital Efficiency Insights
- Current Return on Equity (ROE): 13.48%
- The company shows good efficiency in utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 13.16%
- • Asset Turnover: 0.51x
- • Equity Multiplier: 2.01x
- Recent ROE (13.48%) is above the historical average (-8.93%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2009 | 0.00% | -68.56% | 0.40x | 0.00x | $-23.87 Million |
| 2010 | 0.00% | 10.61% | 0.85x | 0.00x | $15.67 Million |
| 2011 | 0.00% | -9.13% | 0.47x | 0.00x | $-957.40K |
| 2012 | -15.34% | -15.32% | 0.51x | 1.96x | $-61.69 Million |
| 2013 | -18.70% | -17.36% | 0.36x | 2.96x | $-113.13 Million |
| 2014 | -41.85% | -26.28% | 0.48x | 3.32x | $-222.25 Million |
| 2015 | -35.01% | -19.73% | 0.56x | 3.19x | $-255.11 Million |
| 2016 | -116.76% | -32.49% | 0.68x | 5.26x | $-490.50 Million |
| 2017 | -19.15% | -7.71% | 0.54x | 4.56x | $-227.00 Million |
| 2018 | -2.40% | -1.02% | 0.67x | 3.49x | $-137.82 Million |
| 2019 | 29.45% | 18.11% | 0.57x | 2.83x | $413.90 Million |
| 2020 | 4.20% | 2.63% | 0.52x | 3.08x | $-164.40 Million |
| 2021 | 6.22% | 3.90% | 0.55x | 2.92x | $-139.50 Million |
| 2022 | 6.46% | 4.49% | 0.54x | 2.64x | $-178.20 Million |
| 2023 | 22.69% | 19.30% | 0.52x | 2.28x | $968.20 Million |
| 2024 | 14.83% | 12.97% | 0.54x | 2.12x | $464.10 Million |
| 2025 | 13.48% | 13.16% | 0.51x | 2.01x | $451.60 Million |
Industry Comparison
This section compares ServiceNow Inc's net assets metrics with peer companies in the Software - Application industry.
Industry Context
- Industry: Software - Application
- Average net assets among peers: $679,817,884
- Average return on equity (ROE) among peers: -17.13%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| ServiceNow Inc (NOW) | $12.96 Billion | 0.00% | 1.01x | $112.98 Billion |
| Abaxx Technologies Inc (ABXXF) | $42.03 Million | -128.66% | 0.23x | $201.28 Million |
| Acceleware Ltd (ACWRF) | $849.93K | -14.47% | 0.09x | $8.62 Million |
| Adobe Systems Incorporated (ADBE) | $1.10 Billion | 24.20% | 0.41x | $103.05 Billion |
| Adcore Inc (ADCOF) | $1.19 Million | -17.83% | 0.01x | $3.03 Million |
| ADEIA CORP (ADEA) | $572.18 Million | 12.20% | 0.08x | $2.45 Billion |
| Automatic Data Processing Inc (ADP) | $5.32 Billion | 25.04% | 3.76x | $84.01 Billion |
| Autodesk Inc (ADSK) | $-256.00 Million | 0.00% | 0.00x | $48.93 Billion |
| Allied Security Innovations Inc (ADSV) | $-2.61 Million | 0.00% | 0.00x | $0.96 |
| AudioEye Inc (AEYE) | $17.60 Million | -71.80% | 0.67x | $49.81 Million |
| Affinity Networks Inc (AFFN) | $-470.19K | 0.00% | 0.00x | $0.93 |