Cash flow ServiceNow, Inc.

Equities

NOW

US81762P1021

Software

Market Closed - Nyse Other stock markets 04:00:02 2025-01-15 pm EST			After market 07:38:31 pm
1,054.13 ^USD	+2.21%		1,050.12	-0.38%

Jan. 15	Capital One Adjusts Price Target on ServiceNow to $1,171 From $1,190, Maintains Overweight Rating	MT
Jan. 14	ServiceNow Partners Signal Upside, Positive AI Feedback Boosts Outlook, UBS Says	MT

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Published financial data: SERVICENOW, INC.

Annual

Quarterly

Halfyear

YTD

LTM

Fiscal Period: December	2019	2020	2021	2022	2023
Revenues	3.46B	4.52B	5.9B	7.24B	8.97B
Total Revenues	3.46B	4.52B	5.9B	7.24B	8.97B
Cost of Goods Sold, Total	797M	987M	1.35B	1.57B	1.92B
Gross Profit	2.66B	3.53B	4.54B	5.67B	7.05B
Selling General & Admin Expenses, Total	1.87B	2.31B	2.89B	3.55B	4.16B
R&D Expenses	748M	1.02B	1.4B	1.77B	2.12B
Other Operating Expenses, Total	2.62B	3.33B	4.29B	5.32B	6.29B
Operating Income	42.12M	199M	257M	355M	762M
Interest Expense, Total	-33.28M	-32.75M	-28M	-27M	-24M
Interest And Investment Income	55.41M	39.48M	20M	82M	302M
Net Interest Expenses	22.13M	6.74M	-8M	55M	278M
Currency Exchange Gains (Loss)	-594K	-14.08M	-	-	-
Other Non Operating Income (Expenses)	3.53M	4.28M	3M	-11M	-32M
EBT, Excl. Unusual Items	67.18M	196M	252M	399M	1.01B
Merger & Related Restructuring Charges	-	-	-	-	-
Gain (Loss) On Sale Of Investments	-	-	-	-	-
Legal Settlements	-	-	-	-	-
Other Unusual Items	-	-46.61M	-3M	-	-
EBT, Incl. Unusual Items	67.18M	149M	249M	399M	1.01B
Income Tax Expense	-560M	30.68M	19M	74M	-723M
Earnings From Continuing Operations	627M	119M	230M	325M	1.73B
Net Income to Company	627M	119M	230M	325M	1.73B
Net Income - (IS)	627M	119M	230M	325M	1.73B
Net Income to Common Incl Extra Items	627M	119M	230M	325M	1.73B
Net Income to Common Excl. Extra Items	627M	119M	230M	325M	1.73B
Per Share Items
Net EPS - Basic	3.36	0.61	1.16	1.61	8.48
Basic EPS - Continuing Operations	3.36	0.61	1.16	1.61	8.48
Basic Weighted Average Shares Outstanding	186M	193M	198M	201M	204M
Net EPS - Diluted	3.18	0.59	1.13	1.6	8.42
Diluted EPS - Continuing Operations	3.18	0.59	1.13	1.6	8.42
Diluted Weighted Average Shares Outstanding	197M	202M	203M	204M	206M
Normalized Basic EPS	0.23	0.63	0.8	1.24	3.09
Normalized Diluted EPS	0.21	0.6	0.78	1.23	3.06
American Depositary Receipts Ratio (ADR)	0.02	0.02	0.02	0.02	0.02
Supplemental Items
EBITDA	294M	535M	729M	788M	1.32B
EBITA	76.72M	245M	333M	436M	847M
EBIT	42.12M	199M	257M	355M	762M
EBITDAR	358M	618M	829M	900M	1.45B
Total Revenues (As Reported)	3.46B	4.52B	5.9B	7.24B	8.97B
Effective Tax Rate - (Ratio)	-832.79	20.57	7.63	18.55	-71.73
Current Domestic Taxes	595K	285K	1M	13M	33M
Current Foreign Taxes	15.66M	53.06M	52M	46M	101M
Total Current Taxes	16.25M	53.34M	53M	59M	134M
Deferred Domestic Taxes	-4.36M	-6.4M	-6M	-2M	-885M
Deferred Foreign Taxes	-571M	-16.26M	-28M	17M	28M
Total Deferred Taxes	-576M	-22.66M	-34M	15M	-857M
Normalized Net Income	41.99M	122M	158M	249M	630M
Supplemental Operating Expense Items
Advertising Expense	115M	172M	198M	201M	221M
Selling and Marketing Expenses	1.53B	1.86B	2.29B	2.81B	3.3B
General and Administrative Expenses	339M	454M	597M	735M	863M
Research And Development Expense From Footnotes	748M	1.02B	1.4B	1.77B	2.12B
Net Rental Expense, Total	64.2M	83M	100M	112M	129M
Imputed Operating Lease Interest Expense	19.07M	13.31M	10.3M	10.88M	10.97M
Imputed Operating Lease Depreciation	45.13M	69.69M	89.7M	101M	118M
Stock-Based Comp., COGS (Total)	116M	150M	187M	224M	254M
Stock-Based Comp., R&D Exp. (Total)	195M	282M	395M	495M	579M
Stock-Based Comp., S&M Exp. (Total)	268M	320M	389M	459M	505M
Stock-Based Comp., G&A Exp. (Total)	83.12M	118M	160M	223M	266M
Total Stock-Based Compensation	662M	870M	1.13B	1.4B	1.6B

Fiscal Period: December	2019	2020	2021	2022	2023
Assets
Cash And Equivalents	776M	1.68B	1.73B	1.47B	1.9B
Short Term Investments	915M	1.42B	1.58B	2.81B	2.98B
Total Cash And Short Term Investments	1.69B	3.09B	3.3B	4.28B	4.88B
Accounts Receivable, Total	835M	1.01B	1.39B	1.72B	2.04B
Other Receivables	-	13M	12M	28M	51M
Total Receivables	835M	1.02B	1.4B	1.75B	2.09B
Prepaid Expenses	121M	168M	205M	247M	345M
Restricted Cash	2.21M	2.64M	4M	5M	7M
Other Current Assets, Total	177M	236M	305M	369M	461M
Total Current Assets	2.83B	4.52B	5.22B	6.65B	7.78B
Gross Property Plant And Equipment	1.33B	1.75B	2.18B	2.73B	3.36B
Accumulated Depreciation	-457M	-632M	-825M	-995M	-1.28B
Net Property Plant And Equipment	871M	1.11B	1.36B	1.74B	2.07B
Long-term Investments	1.04B	1.5B	1.73B	2.37B	3.47B
Goodwill	157M	241M	777M	824M	1.23B
Other Intangibles, Total	144M	153M	287M	232M	224M
Deferred Tax Assets Long-Term	600M	673M	692M	636M	1.51B
Deferred Charges Long-Term	333M	444M	623M	742M	919M
Other Long-Term Assets, Total	55.6M	72.04M	113M	107M	184M
Total Assets	6.02B	8.72B	10.8B	13.3B	17.39B
Liabilities
Accounts Payable, Total	52.96M	34.24M	89M	274M	126M
Accrued Expenses, Total	306M	464M	565M	640M	817M
Current Portion of Long-Term Debt	-	-	92M	-	-
Current Portion of Leases	52.67M	72.24M	82M	96M	89M
Current Income Taxes Payable	38.33M	58.47M	101M	109M	123M
Unearned Revenue Current, Total	2.19B	2.96B	3.84B	4.66B	5.78B
Other Current Liabilities	118M	146M	184M	226M	425M
Total Current Liabilities	2.75B	3.74B	4.95B	6B	7.36B
Long-Term Debt	695M	1.64B	1.48B	1.49B	1.49B
Long-Term Leases	383M	423M	556M	650M	707M
Unearned Revenue Non Current	40.04M	45.35M	63M	70M	81M
Other Non Current Liabilities	23.46M	35.15M	51M	56M	118M
Total Liabilities	3.89B	5.88B	7.1B	8.27B	9.76B
Common Stock, Total	189K	196K	-	-	-
Additional Paid In Capital	2.45B	2.97B	3.66B	4.8B	6.13B
Retained Earnings	-352M	-234M	-4M	338M	2.07B
Treasury Stock	-	-	-	-	-535M
Comprehensive Income and Other	25.26M	94.23M	34M	-102M	-37M
Total Common Equity	2.13B	2.83B	3.7B	5.03B	7.63B
Total Equity	2.13B	2.83B	3.7B	5.03B	7.63B
Total Liabilities And Equity	6.02B	8.72B	10.8B	13.3B	17.39B
Supplemental Items
ECS Total Shares Outstanding on Filing Date	190M	196M	200M	203M	205M
ECS Total Common Shares Outstanding	189M	196M	200M	203M	205M
Book Value / Share	11.23	14.47	18.51	24.8	37.26
Tangible Book Value	1.83B	2.44B	2.63B	3.98B	6.17B
Tangible Book Value Per Share	9.64	12.46	13.18	19.6	30.15
Total Debt	1.13B	2.14B	2.21B	2.23B	2.28B
Net Debt	-560M	-957M	-1.09B	-2.05B	-5.8B
Debt Equivalent Oper. Leases	514M	664M	800M	896M	1.03B
Account Code - Inventory Valuation	3	3	3	3	3
Buildings, Total	-	-	-	-	-
Machinery, Total	734M	1.04B	1.3B	1.69B	2.22B
Full Time Employees	10.37K	13.1K	16.88K	20.43K	22.67K
Accumulated Allowance for Doubtful Accounts (Supple)	6.2M	8.61M	-	-	-
Order Backlog	-	-	-	-	-

Fiscal Period: December	2019	2020	2021	2022	2023
Net Income	627M	119M	230M	325M	1.73B
Depreciation & Amortization - CF	218M	290M	396M	352M	477M
Amortization of Goodwill and Intangible Assets - (CF)	34.6M	46M	76M	81M	85M
Depreciation & Amortization, Total	252M	336M	472M	433M	562M
Amortization of Deferred Charges, Total - (CF)	201M	242M	301M	358M	459M
(Gain) Loss on Sale of Investments - (CF)	-	-	-	-	-
Stock-Based Compensation (CF)	662M	870M	1.13B	1.4B	1.6B
Tax Benefit from Stock Options	-	-	-	-	-
Other Operating Activities, Total	-585M	-62.32M	-1M	32M	-857M
Change In Accounts Receivable	-260M	-151M	-401M	-340M	-300M
Change In Accounts Payable	21.36M	-33.58M	55M	172M	-142M
Change in Unearned Revenues	537M	711M	960M	904M	1.08B
Change in Other Net Operating Assets	-220M	-245M	-556M	-562M	-744M
Cash from Operations	1.24B	1.79B	2.19B	2.72B	3.4B
Capital Expenditure	-265M	-419M	-392M	-550M	-694M
Cash Acquisitions	-7.41M	-107M	-785M	-91M	-282M
Sale (Purchase) of Intangible assets	-72.69M	-13.19M	-7M	-	-
Investment in Marketable and Equity Securities, Total	-403M	-968M	-437M	-1.96B	-1.19B
Other Investing Activities, Total	23.44M	1.33M	14M	18M	-4M
Cash from Investing	-724M	-1.51B	-1.61B	-2.58B	-2.17B
Long-Term Debt Issued, Total	-	1.48B	-	-	-
Total Debt Issued	-	1.48B	-	-	-
Long-Term Debt Repaid, Total	-9K	-1.63B	-61M	-94M	-
Total Debt Repaid	-9K	-1.63B	-61M	-94M	-
Issuance of Common Stock	108M	146M	167M	177M	194M
Repurchase of Common Stock	-410M	-509M	-612M	-427M	-997M
Other Financing Activities, Total	-	1.11B	-	-	-
Cash from Financing	-302M	597M	-506M	-344M	-803M
Foreign Exchange Rate Adjustments	-186K	25.06M	-25M	-53M	1M
Net Change in Cash	209M	901M	53M	-257M	429M
Supplemental Items
Cash Interest Paid	-	-	41M	24M	23M
Cash Income Tax Paid (Refund)	20.47M	39.21M	36M	45M	127M
Levered Free Cash Flow	1.18B	1.79B	2.27B	2.52B	3.23B
Unlevered Free Cash Flow	1.17B	1.79B	2.28B	2.54B	3.25B
Change In Net Working Capital	-399M	-671M	-624M	-676M	-841M
Net Debt Issued / Repaid	-9K	-146M	-61M	-94M	-

Fiscal Period: December	2019	2020	2021	2022	2023
Profitability
Return on Assets	0.53	1.69	1.65	1.84	3.1
Return on Total Capital	1.05	3.02	2.95	3.37	5.55
Return On Equity %	38.7	4.78	7.05	7.45	27.35
Return on Common Equity	38.7	4.78	7.05	7.45	27.35
Margin Analysis
Gross Profit Margin %	76.98	78.16	77.05	78.29	78.59
SG&A Margin	54.13	51.09	49	48.99	46.42
EBITDA Margin %	8.5	11.84	12.36	10.88	14.76
EBITA Margin %	2.22	5.42	5.65	6.02	9.44
EBIT Margin %	1.22	4.4	4.36	4.9	8.49
Income From Continuing Operations Margin %	18.11	2.62	3.9	4.49	19.3
Net Income Margin %	18.11	2.62	3.9	4.49	19.3
Net Avail. For Common Margin %	18.11	2.62	3.9	4.49	19.3
Normalized Net Income Margin	1.21	2.71	2.67	3.44	7.02
Levered Free Cash Flow Margin	34.16	39.63	38.54	34.82	36.04
Unlevered Free Cash Flow Margin	33.8	39.54	38.71	35.06	36.21
Asset Turnover
Asset Turnover	0.7	0.61	0.6	0.6	0.58
Fixed Assets Turnover	5.68	4.56	4.77	4.69	4.71
Receivables Turnover (Average Receivables)	4.91	4.9	4.92	4.65	4.77
Short Term Liquidity
Current Ratio	1.03	1.21	1.05	1.11	1.06
Quick Ratio	0.92	1.1	0.95	1	0.95
Operating Cash Flow to Current Liabilities	0.45	0.48	0.44	0.45	0.46
Days Sales Outstanding (Average Receivables)	74.37	74.69	74.26	78.47	76.51
Average Days Payable Outstanding	19.17	16.17	16.59	42.12	38
Long Term Solvency
Total Debt/Equity	53.14	75.33	59.92	44.36	29.94
Total Debt / Total Capital	34.7	42.96	37.47	30.73	23.04
LT Debt/Equity	50.67	72.78	55.21	42.45	28.78
Long-Term Debt / Total Capital	33.09	41.51	34.52	29.41	22.14
Total Liabilities / Total Assets	64.67	67.48	65.78	62.16	56.13
EBIT / Interest Expense	1.27	6.07	9.18	13.15	31.75
EBITDA / Interest Expense	10.77	18.88	29.61	33.33	60.54
(EBITDA - Capex) / Interest Expense	2.81	6.07	15.61	12.96	31.62
Total Debt / EBITDA	3.16	3.45	2.67	2.48	1.57
Net Debt / EBITDA	-1.56	-1.55	-1.31	-2.28	-3.99
Total Debt / (EBITDA - Capex)	12.09	10.73	5.07	6.38	3.01
Net Debt / (EBITDA - Capex)	-5.99	-4.81	-2.49	-5.85	-7.64
Growth Over Prior Year
Total Revenues, 1 Yr. Growth %	32.64	30.6	30.47	22.88	23.82
Gross Profit, 1 Yr. Growth %	34.12	32.61	28.62	24.85	24.29
EBITDA, 1 Yr. Growth %	174.53	81.91	36.26	8.09	68.02
EBITA, 1 Yr. Growth %	-545.39	217.5	35.92	30.93	94.27
EBIT, 1 Yr. Growth %	-199.29	372.1	29.15	38.13	114.65
Earnings From Cont. Operations, 1 Yr. Growth %	-2.45K	-81.09	93.28	41.3	432.62
Net Income, 1 Yr. Growth %	-2.45K	-81.09	93.28	41.3	432.62
Normalized Net Income, 1 Yr. Growth %	-223.92	191.43	27.92	58.33	152.63
Diluted EPS Before Extra, 1 Yr. Growth %	-2.22K	-81.45	91.53	41.59	426.25
Accounts Receivable, 1 Yr. Growth %	45.31	20.85	37.76	24.1	18.03
Net Property, Plant and Equip., 1 Yr. Growth %	150.71	27.95	21.81	27.86	19.48
Total Assets, 1 Yr. Growth %