ServiceNow Inc (NOW)
Operating profit margin
| Dec 31, 2024 | Sep 30, 2024 | Jun 30, 2024 | Mar 31, 2024 | Dec 31, 2023 | Sep 30, 2023 | Jun 30, 2023 | Mar 31, 2023 | Dec 31, 2022 | Sep 30, 2022 | Jun 30, 2022 | Mar 31, 2022 | Dec 31, 2021 | Sep 30, 2021 | Jun 30, 2021 | Mar 31, 2021 | Dec 31, 2020 | Sep 30, 2020 | Jun 30, 2020 | Mar 31, 2020 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating income (ttm) | US$ in thousands | 1,364,000 | 1,260,000 | 1,073,000 | 950,000 | 762,000 | 647,000 | 507,000 | 412,000 | 355,000 | 235,000 | 218,000 | 247,000 | 257,000 | 240,000 | 235,000 | 247,000 | 199,000 | 209,389 | 196,713 | 106,713 |
| Revenue (ttm) | US$ in thousands | 10,984,000 | 10,464,000 | 9,955,000 | 9,478,000 | 8,971,000 | 8,474,000 | 8,017,000 | 7,619,000 | 7,245,000 | 6,919,000 | 6,600,000 | 6,257,000 | 5,895,000 | 5,531,000 | 5,171,000 | 4,833,000 | 4,519,000 | 4,220,337 | 3,954,170 | 3,717,074 |
| Operating profit margin | 12.42% | 12.04% | 10.78% | 10.02% | 8.49% | 7.64% | 6.32% | 5.41% | 4.90% | 3.40% | 3.30% | 3.95% | 4.36% | 4.34% | 4.54% | 5.11% | 4.40% | 4.96% | 4.97% | 2.87% |
December 31, 2024 calculation
Operating profit margin = Operating income (ttm) ÷ Revenue (ttm)
= $1,364,000K ÷ $10,984,000K
= 12.42%
ServiceNow Inc's operating profit margin has shown a fluctuating trend over the reviewed periods. Starting at 2.87% in March 31, 2020, the margin increased steadily to reach its peak at 12.42% by December 31, 2024. The company experienced significant improvements in operational efficiency as indicated by the consistent growth in operating profit margin. However, some periods showed a slight decline in margin, suggesting potential challenges in cost management or revenue generation during those quarters. Overall, the increasing trend in operating profit margin reflects ServiceNow Inc's ability to generate profits from its core operations over time.
Peer comparison
Dec 31, 2024