ServiceNow Inc (NOW)

Pretax 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
Earnings before tax but after interest (EBT) (ttm) US$ in thousands 1,738,000 1,622,000 1,405,000 1,245,000 1,008,000 844,000 647,000 502,000 399,000 248,000 214,000 235,000 249,000 231,145 189,003 201,003 150,003 169,859 204,771 126,456
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
Pretax margin 15.82% 15.50% 14.11% 13.14% 11.24% 9.96% 8.07% 6.59% 5.51% 3.58% 3.24% 3.76% 4.22% 4.18% 3.66% 4.16% 3.32% 4.02% 5.18% 3.40%

December 31, 2024 calculation

Pretax margin = EBT (ttm) ÷ Revenue (ttm)
= $1,738,000K ÷ $10,984,000K
= 15.82%

ServiceNow Inc's pretax margin has shown fluctuations over the period from March 31, 2020, to December 31, 2024. The pretax margin started at 3.40% in March 2020, increased to a peak of 15.82% in December 2024. The pretax margin experienced both ups and downs during this period, with some quarters showing a gradual increase, while others experienced fluctuations. Overall, the trend indicates an improvement in profitability over time, with the pretax margin steadily increasing from 2020 to 2024. This suggests that ServiceNow Inc has been effectively managing its expenses relative to its revenue, resulting in higher profitability over the analyzed period.