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ServiceNow (ServiceNow) Pretax Margin % : 16.33% (As of Mar. 2024)


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What is ServiceNow Pretax Margin %?

Pre-Tax margin is calculated as Pre-Tax Income divided by its Revenue. ServiceNow's Pre-Tax Income for the three months ended in Mar. 2024 was $425 Mil. ServiceNow's Revenue for the three months ended in Mar. 2024 was $2,603 Mil. Therefore, ServiceNow's pretax margin for the quarter that ended in Mar. 2024 was 16.33%.

The historical rank and industry rank for ServiceNow's Pretax Margin % or its related term are showing as below:

NOW' s Pretax Margin % Range Over the Past 10 Years
Min: -29.51   Med: 0.22   Max: 13.14
Current: 13.14


NOW's Pretax Margin % is ranked better than
74.6% of 2760 companies
in the Software industry
Industry Median: 2.195 vs NOW: 13.14

ServiceNow Pretax Margin % Historical Data

The historical data trend for ServiceNow's Pretax Margin % can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

ServiceNow Pretax Margin % Chart

ServiceNow Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Pretax Margin %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.94 3.32 4.22 5.51 11.24

ServiceNow Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Pretax Margin % Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 8.97 8.09 13.07 14.24 16.33

Competitive Comparison of ServiceNow's Pretax Margin %

For the Software - Application subindustry, ServiceNow's Pretax Margin %, along with its competitors' market caps and Pretax Margin % data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


ServiceNow's Pretax Margin % Distribution in the Software Industry

For the Software industry and Technology sector, ServiceNow's Pretax Margin % distribution charts can be found below:

* The bar in red indicates where ServiceNow's Pretax Margin % falls into.



ServiceNow Pretax Margin % Calculation

Pretax margin - also known as pretax profit margin is the ratio of Pretax Income divided by net sales or Revenue, usually presented in percent.

ServiceNow's Pretax Margin for the fiscal year that ended in Dec. 2023 is calculated as

Pretax Margin=Pre-Tax Income (A: Dec. 2023 )/Revenue (A: Dec. 2023 )
=1008/8971
=11.24 %

ServiceNow's Pretax Margin for the quarter that ended in Mar. 2024 is calculated as

Pretax Margin=Pre-Tax Income (Q: Mar. 2024 )/Revenue (Q: Mar. 2024 )
=425/2603
=16.33 %

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


ServiceNow  (NYSE:NOW) Pretax Margin % Explanation

The pretax margin, as know as pretax profit margin, is widely used to measure the operating efficiency of a company before deducting taxes.

The pretax margin is sometimes preferred over the net margin as tax expenditures can make profitability comparisons between companies misleading.

It is a useful tool to compare companies operating in the same sector and less effective when comparing companies from other sectors as each industry generally has different operating expenses and sales patterns.

The long term trend of the pretax margin is a good indicator of the competitiveness and health of the business.


ServiceNow Pretax Margin % Related Terms

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ServiceNow (ServiceNow) Business Description

Address
2225 Lawson Lane, Santa Clara, CA, USA, 95054
ServiceNow Inc provides software solutions to structure and automate various business processes via a SaaS delivery model. The company primarily focuses on the IT function for enterprise customers. ServiceNow began with IT service management, expanded within the IT function, and more recently directed its workflow automation logic to functional areas beyond IT, notably customer service, HR service delivery, and security operations. ServiceNow also offers an application development platform as a service.
Executives
Paul Edward Chamberlain director C/O VEEVA SYSTEMS INC., 4280 HACIENDA DRIVE, PLEASANTON CA 94588
Paul John Smith officer: Chief Commercial Officer 2225 LAWSON LANE, SANTA CLARA CA 95054
Chirantan Jitendra Desai officer: Chief Product Officer C/O ZEBRA TECHNOLOGIES CORPORATION, LINCOLNSHIRE IL 60069
Christopher Bedi officer: Chief Information Officer 2225 LAWSON LANE, SANTA CLARA CA 95054
Gina Mastantuono officer: Chief Financial Officer 237 PARK AVENUE, 14TH FLOOR, NEW YORK NY 10017
Russell S Elmer officer: General Counsel
Jacqueline P Canney officer: Chief People Officer 702 SW 8TH STREET, BENTONVILLE AR 72716
Nicholas Tzitzon officer: Chief Strat & Corp Affairs Ofc 2225 LAWSON LANE, SANTA CLARA CA 95054
Anita M Sands director 350 ELLIS STREET, MOUNTAIN VIEW CA 94043
Lawrence Jackson director 2225 LAWSON LANE, SANTA CLARA CA 95054
Frederic B Luddy director, 10 percent owner, officer: CHIEF PRODUCT OFFICER
Teresa Briggs director 2225 LAWSON LANE, SANTA CLARA CA 95054
Kevin Thomas Mcbride officer: Principal Accounting Officer 2200 MISSION COLLEGE BLVD, SANTA CLARA CA 95054
Lara Caimi officer: Chief Customer & Partner Ofc C/O CONFLUENT, INC., 899 W EVELYN AVENUE, MOUNTAIN VIEW CA 94041
Deborah Black director 2225 LAWSON LANE, SANTA CLARA CA 95054

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