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ServiceNow delivers solutions that help public and private organizations govern, secure and manage artificial intelligence and digitalize and streamline workflows to drive collaboration, productivity and better experiences across the enterprise. We offer an innovative suite of products, including AI-powered applications, and services designed to automate workflows, integrate systems an…
$127.65
$8.21 (-6.04%)
Last close via Marketstack
13.74% operating margin is respectable but not wide. ROIC at 9.62%. Suggests the business covers its cost of capital, but doesn't point to a wide moat.
Revenue grew 20.9%, still solid.
At 76x earnings, the current multiple leaves limited room for execution misses or growth deceleration.
76.0x earnings, 28.7x FCF. The market is pricing in years of above-average growth. If that thesis breaks, downside from multiple compression alone could be 30%+. This is a stock where you're paying for the future, not the present.
Based on TTM earnings · Diluted shares
Profitability & Returns
Revenue (TTM)
$13.96B
▲ +20.9% YoY
Net Income (TTM)
$1.76B
▲ +22.7% YoY
Op. Margin
13.44%
▲ +1.3pp YoY
ROIC
8.87%
Cash Flow & Balance Sheet
FCF (TTM)
$4.63B
▲ +34.0% YoY
Op. Cash Flow (TTM)
$5.44B
▲ +27.6% YoY
Net Debt
-$2.75B
Net Cash Position
Cash & Equiv.
$5.18B
5Y CAGR: +24.1%
5Y CAGR: +27.3%
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