Superworth

ServiceNow price to free cash flow NOW

Market value divided by free cash flow over the last twelve months, since 2014.

Today, Oct 23, 2026
35.9×
10-year median
58.1×
Against its 10-year history
8th
percentile: 0 is its lowest day, 100 its highest
10-year range
19.0× to 303×
Peer median
23.0×

ServiceNow's price to free cash flow is 35.9× as of Oct 23, 2026.

That is below its ten-year median of 58.1×, lower than on 92% of days in the last ten years.

Over that time it ranged from 19.0× in Apr 2026 to 303× in May 2017.

The median for 10 application software stocks of a similar size is 23.0×.

Price to free cash flow over time

The dashed line is the 10-year median and the shaded band the middle half of its days.

Open the interactive chart, with overlays and comparisons

Year by year

YearEnd of yearLowHigh
2026 so far35.9×19.0×38.7×
202540.4×40.4×68.6×
202466.0×42.4×68.6×
202360.9×38.8×60.9×
202241.4×34.1×70.2×
202180.4×57.6×99.4×
202092.7×48.8×95.3×
201965.2×54.8×82.6×
201860.4×51.4×67.8×
201749.7×42.7×303×
201651.5×39.4×66.7×
201573.9×70.8×178×
2014158×127×363×

Against its peers

Companies in Software - Application nearest ServiceNow's size, closest first, today.

CompanyPrice to free cash flow
NOWServiceNow35.9×
UBERUber Technologies13.5×
CRMSalesforce13.5×
SHOPShopify92.3×
ADPAutomatic Data Processing23.0×
SNOWSnowflake96.1×
ADBEAdobe9.7×
DDOGDatadog81.9×
INTUIntuit10.6×
CDNSCadence Design Systems51.9×
APPAppLovinn/m
Peer median23.0×

What the price to free cash flow tells you

Market value divided by free cash flow: the cash left after running the business and paying for equipment. Cash is harder to manage than accounting earnings, so many investors trust this more than PE.

Lumpy: a big year of building factories drops cash flow and inflates the ratio without the business getting worse.

More on ServiceNow

Valuation data, not investment advice. Prices as of . Reported figures come from the company's filings with the SEC.