ServiceNow Inc risk profile
31 Normal where most of the sector sits
Measured 1 September 2026 from NOW's filed statements. Recomputed nightly.
31 (Normal), driven by Market expectation at 53, over 5 weighted categories on the SOFTWARE profile.
What is measured
| Mechanism | Reading | Band | Direction | Driver |
|---|---|---|---|---|
| Market expectation | 53 | Elevated | Volatile | One-year price volatility — 56.5% |
| Operating pressure | 27 | Normal | Worsening | Costs outgrowing revenue — -1.8 percentage points |
| Cash conversion | 10 | Contained | Stable | Capital spending against operating cash — 0.16x |
| Leverage and coverage | 15 | Contained | Stable | Current ratio — 1.00x |
| Competitive position | 32 | Normal | Stable | Operating-margin gap against peers — +0.3 percentage points |
| Concentration | Reads identified supplier spend, customers above the 10% disclosure threshold and revenue by region. No reading is stored for this company. | |||
These are descriptive readings of disclosed mechanisms, not investment advice, and not a prediction. A band says where a measured input sits, never what to do about it or what happens next.