ServiceNow Inc (NOW)
Financial leverage ratio
| Dec 31, 2025 | Sep 30, 2025 | Jun 30, 2025 | Mar 31, 2025 | 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 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Total assets | US$ in thousands | 26,038,000 | 21,789,000 | 22,051,000 | 20,972,000 | 20,383,000 | 18,434,000 | 18,207,000 | 17,544,000 | 17,387,000 | 15,091,000 | 14,923,000 | 13,614,000 | 13,299,000 | 11,106,000 | 11,102,000 | 10,993,000 | 10,798,000 | 9,478,000 | 9,187,000 | 8,822,000 |
| Total stockholders’ equity | US$ in thousands | 12,964,000 | 11,301,000 | 10,932,000 | 10,139,000 | 9,609,000 | 9,290,000 | 8,666,000 | 8,107,000 | 7,628,000 | 7,182,000 | 6,926,000 | 5,600,000 | 5,032,000 | 4,523,000 | 4,194,000 | 3,997,000 | 3,695,000 | 3,534,000 | 3,275,000 | 3,037,000 |
| Financial leverage ratio | 2.01 | 1.93 | 2.02 | 2.07 | 2.12 | 1.98 | 2.10 | 2.16 | 2.28 | 2.10 | 2.15 | 2.43 | 2.64 | 2.46 | 2.65 | 2.75 | 2.92 | 2.68 | 2.81 | 2.90 |
December 31, 2025 calculation
Financial leverage ratio = Total assets ÷ Total stockholders’ equity
= $26,038,000K ÷ $12,964,000K
= 2.01
Peer comparison
Dec 31, 2025
Company name
Symbol
Financial leverage ratio
ServiceNow Inc
NOW
2.01
Adobe Systems Incorporated
ADBE
2.54
Appfolio Inc
APPF
1.27
Bentley Systems Inc
BSY
2.95
Fair Isaac Corporation
FICO
—
Guidewire Software Inc
GWRE
1.87
Manhattan Associates Inc
MANH
2.49
PTC Inc
PTC
1.73
Q2 Holdings
QTWO
2.37
Roper Technologies, Inc.
ROP
1.73