ServiceNow Inc (NOW)

Operating return on assets (Operating ROA)

Dec 31, 2025 Dec 31, 2024 Dec 31, 2023 Dec 31, 2022 Dec 31, 2021
Operating income US$ in thousands 1,824,000 1,364,000 762,000 355,000 257,000
Total assets US$ in thousands 26,038,000 20,383,000 17,387,000 13,299,000 10,798,000
Operating ROA 7.01% 6.69% 4.38% 2.67% 2.38%

December 31, 2025 calculation

Operating ROA = Operating income ÷ Total assets
= $1,824,000K ÷ $26,038,000K
= 7.01%