ServiceNow (LTS:0L5N) Tax Rate % : 18.35% (As of Mar. 2024)

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What is ServiceNow Tax Rate %?

Tax Rate % is calculated as Tax Expense divided by its Pre-Tax Income. ServiceNow's Tax Expense for the three months ended in Mar. 2024 was $78 Mil. ServiceNow's Pre-Tax Income for the three months ended in Mar. 2024 was $425 Mil. Therefore, ServiceNow's Tax Rate % for the quarter that ended in Mar. 2024 was 18.35%.

ServiceNow Tax Rate % Historical Data

The historical data trend for ServiceNow's Tax Rate % 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.

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ServiceNow Tax Rate % Chart

ServiceNow Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Tax Rate %

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-835.82

20.67

7.63

18.55

-71.73

ServiceNow Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Tax Rate %	Get a 7-Day Free Trial															20.21	-500.00	19.06	14.99	18.35

ServiceNow Tax Rate % Calculation

Tax Rate % is the ratio of tax expense divided by pretax income, usually presented in percent.

ServiceNow's Tax Rate % for the fiscal year that ended in Dec. 2023 is calculated as

Tax Rate %	=	Tax Expense (A: Dec. 2023 )	/	Pre-Tax Income (A: Dec. 2023 )
	=	-723	/	1008
	=	-71.73 %

ServiceNow's Tax Rate % for the quarter that ended in Mar. 2024 is calculated as

Tax Rate %	=	Tax Expense (Q: Mar. 2024 )	/	Pre-Tax Income (Q: Mar. 2024 )
	=	78	/	425
	=	18.35 %

ServiceNow Tax Rate % Related Terms

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ServiceNow (LTS:0L5N) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » ServiceNow Inc (LTS:0L5N) » Definitions » Tax Rate %

Comparable Companies

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NOW:USA NOWW:Mexico 1NOW:Italy 4S0:Germany N1OW34:Brazil

Address

2225 Lawson Lane, Santa Clara, CA, USA, 95054

Website

https://www.servicenow.com

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.

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