ServiceNow, Inc. (NOW) Tax Rate: 22.69%
Is ServiceNow, Inc.’s tax rate high or low?
ServiceNow, Inc.'s tax rate of 22.69% is 761% above its 5-year average of 2.64%, near the high end of its 5-year range (-71.73%–22.69%).
The tax rate for ServiceNow, Inc. (NOW) is 22.69%. It is above its 12-month average by 11.50% (20.35%).
NOW Tax Rate Chart
NOW Average Tax Rate Chart
NOW Current vs Average Tax Rate Chart
NOW Tax Rate Metrics
TAX RATE
22.69%
TAX RATE AVG TTM
20.35%
TAX RATE AVG 3Y
-3.12%
TAX RATE AVG 5Y
2.64%
TAX RATE AVG 10Y
-71.70%
TAX RATE AVG 15Y
-52.42%
TAX RATE AVG 20Y
-41.04%
CURRENT VS TTM AVG
+11.50%
CURRENT VS 3Y AVG
+827.24%
CURRENT VS 5Y AVG
+760.56%
CURRENT VS 10Y AVG
+131.65%
CURRENT VS 15Y AVG
+143.29%
CURRENT VS 20Y AVG
+155.29%
ServiceNow, Inc. Tax Rate Formula & Definition
Tax rate measures income tax expense as a percentage of income before tax. It helps compare tax efficiency and identify unusual tax effects.
Expanded definitions: Investopedia, Wikipedia, Corporate Finance Institute
ServiceNow, Inc. Tax Rate FAQ
- What is the tax rate for ServiceNow, Inc. (NOW)?
- The tax rate for NOW stock is 22.69%.
- Is ServiceNow, Inc.'s tax rate high or low?
- ServiceNow, Inc.'s tax rate of 22.69% is 761% above its 5-year average of 2.64%, near the high end of its 5-year range (-71.73%–22.69%).
- What is the TTM average tax rate for ServiceNow, Inc. (NOW)?
- The TTM average tax rate for NOW stock is 20.35%.
- What is the 3Y average tax rate for ServiceNow, Inc. (NOW)?
- The 3Y average tax rate for NOW stock is -3.12%.
- What is the 5Y average tax rate for ServiceNow, Inc. (NOW)?
- The 5Y average tax rate for NOW stock is 2.64%.
- What is the 10Y average tax rate for ServiceNow, Inc. (NOW)?
- The 10Y average tax rate for NOW stock is -71.70%.
- What is the 15Y average tax rate for ServiceNow, Inc. (NOW)?
- The 15Y average tax rate for NOW stock is -52.42%.
- What is the 20Y average tax rate for ServiceNow, Inc. (NOW)?
- The 20Y average tax rate for NOW stock is -41.04%.
ServiceNow, Inc. Tax Rate History
| DATE | TAX RATE |
|---|---|
| 2025-12-31 | 22.69% |
| 2024-12-31 | 18.01% |
| 2023-12-31 | -71.73% |
| 2022-12-31 | 18.55% |
| 2021-12-31 | 7.63% |
| 2020-12-31 | 20.67% |
| 2019-12-31 | -832.79% |
| 2018-12-31 | 31.57% |
| 2017-12-31 | -0.08% |
| 2016-12-31 | -0.39% |
| 2015-12-31 | -2.81% |
| 2014-12-31 | -2.19% |
| 2013-12-31 | -3.53% |
| 2012-12-31 | -3.80% |
| 2011-06-30 | 11.96% |
| 2010-06-30 | -0.95% |
| 2009-06-30 | 0.00% |
| 2008-06-30 | 0.00% |
| 2007-06-30 | 7.50% |
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