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ServiceNow (MEX:NOWW) Tax Rate % : 16.28% (As of Sep. 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 Sep. 2024 was MXN1,654 Mil. ServiceNow's Pre-Tax Income for the three months ended in Sep. 2024 was MXN10,160 Mil. Therefore, ServiceNow's Tax Rate % for the quarter that ended in Sep. 2024 was 16.28%.

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.

* Premium members only.

ServiceNow Tax Rate % Chart

ServiceNow Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Tax Rate %
Get a 7-Day Free Trial Premium Member Only Premium Member Only -835.82 20.67 7.63 18.55 -71.73

ServiceNow Quarterly Data
Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
Tax Rate % 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 19.06 14.99 18.35 21.56 16.28

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 )
=-12272.381/17110.042
=-71.73 %

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

Tax Rate %=Tax Expense (Q: Sep. 2024 )/Pre-Tax Income (Q: Sep. 2024 )
=1653.985/10160.195
=16.28 %

* 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 Tax Rate % Related Terms

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ServiceNow Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Technology » Software » ServiceNow Inc (MEX:NOWW) » Definitions » Tax Rate %
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Traded in Other Exchanges
NOW:USA 1NOW:Italy 0L5N:UK 4S00:Germany NOWS:Canada N1OW34:Brazil SNOW:Austria
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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