ServiceNow, Inc. (NOW) Enterprise Value (EV): $158.34B
The enterprise value (EV) for ServiceNow, Inc. (NOW) is $158.34B as of Wednesday, June 10, 2026.
NOW Enterprise Value (EV) Metrics
ENTERPRISE VALUE (EV)
$158.34B
NOW Competitors' Enterprise Value (EV)
| NAME | MARKET CAP | ENTERPRISE VALUE (EV) |
|---|---|---|
| ServiceNow, Inc. (NOW) | — | $158.34B |
| Cadence Design Systems, Inc. (CDNS) | $105.80B | $84.29B |
| Accenture plc (ACN) | $104.93B | $159.16B |
| Fortinet, Inc. (FTNT) | $101.91B | $57.51B |
| Adobe Inc. (ADBE) | $94.61B | $137.59B |
| Synopsys, Inc. (SNPS) | $87.82B | $84.10B |
| Snowflake Inc. (SNOW) | $83.15B | $64.95B |
| Datadog, Inc. (DDOG) | $81.03B | $48.36B |
| Uber Technologies, Inc. (UBER) | $139.66B | $175.36B |
| Shopify Inc. (SHOP) | $140.41B | $207.75B |
Enterprise Value Calculation
Market Cap
$109.38B
Total Debt
$2.40B
Cash
$3.73B
Enterprise Value
$158.34B
EV-Based Valuation Multiples
Why use EV instead of Market Cap?
- EV accounts for debt - an acquirer must pay or assume it
- EV deducts cash - the acquirer effectively receives it
- EV enables fair comparison of companies with different capital structures
- EV-based ratios (EV/EBITDA, EV/Sales) are capital structure neutral
ServiceNow, Inc. Enterprise Value (EV) Formula & Definition
Enterprise Value represents the total value of a company as if you were to acquire it completely - paying for equity while assuming debt and receiving cash.
Expanded definitions: Investopedia, Wikipedia, Corporate Finance Institute
ServiceNow, Inc. Enterprise Value (EV) FAQ
- What is the enterprise value (EV) for ServiceNow, Inc. (NOW)?
- The enterprise value (EV) for NOW stock is $158.34B.
Related Metrics
About ServiceNow, Inc.
ServiceNow, Inc. specializes in delivering cloud-based solutions designed to streamline and automate critical business services for organizations across the globe. Its flagship "Now Platform" serves as the foundation, leveraging technologies such as workflow automation, artificial intelligence (AI), machine learning (ML), and robotic process automation (RPA). This platform also incorporates robust features like performance analytics, electronic service catalogs, configuration management systems, data benchmarking, encryption capabilities, and various collaboration and development tools. ServiceNow offers a comprehensive suite of applications built on this platform, catering to diverse enterprise needs. Key offerings include IT Service Management (ITSM), which streamlines support for employees, customers, and partners; IT Business Management (ITBM); IT Operations Management (ITOM), designed to integrate and manage both physical and cloud-based IT infrastructure; and IT Asset Management (ITAM) for automating asset lifecycles. Its Security Operations solution facilitates seamless integration between internal systems and third-party security tools. Beyond IT, the company provides solutions for Governance, Risk, and Compliance (GRC) to enhance organizational resilience, along with tools for Human Resources, Legal, and general workplace service delivery, including dedicated safe workplace applications. Other specialized applications cover Customer Service Management (CSM) and Field Service Management (FSM). To further extend functionality, ServiceNow offers App Engine for custom development and IntegrationHub to connect workflows across various applications. The company also provides a range of professional services, industry-specific solutions, and comprehensive customer support. ServiceNow's diverse client base spans critical sectors such as government, financial services, healthcare, telecommunications, manufacturing, and education, alongside various IT services, technology, oil and gas, and consumer product industries. The company reaches these customers through a combination of its direct sales force and a network of resale partners. Notably, a strategic alliance with Celonis assists clients in pinpointing and prioritizing business processes ripe for automation. Established in 2004 and headquartered in Santa Clara, California, the company originally operated as Service-now.com before rebranding to ServiceNow, Inc. in May 2012.
- Sector
- Technology
- Industry
- Software - Application
- CEO
- William R. McDermott