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Asset Utilization RatioAssets AverageDebt RatioDebt to EquityEBIT MarginEBITDA MarginEBT MarginEnterprise ValueEquity AverageEquity RatioGross MarginInvested CapitalNet MarginOperating MarginReturn on AssetsReturn on Capital EmployedReturn on EquityReturn on Invested CapitalReturn on Sales

Zhihu (ZH) Invested Capital (2019 - 2025)

Zhihu's Invested Capital history spans 7 years, with the latest figure at $551.3 million for Q4 2025.

  • On a quarterly basis, Invested Capital fell 5.77% to $551.3 million in Q4 2025 year-over-year; TTM through Dec 2025 was $551.3 million, a 5.77% decrease, with the full-year FY2025 number at $551.3 million, down 2.87% from a year prior.
  • Invested Capital hit $551.3 million in Q4 2025 for Zhihu, down from $579.7 million in the prior quarter.
  • Over the last five years, Invested Capital for ZH hit a ceiling of $1.1 billion in Q1 2021 and a floor of $551.3 million in Q4 2025.
  • Historically, Invested Capital has averaged $780.5 million across 5 years, with a median of $711.8 million in 2023.
  • Biggest five-year swings in Invested Capital: skyrocketed 238.69% in 2021 and later dropped 24.64% in 2022.
  • Tracing ZH's Invested Capital over 5 years: stood at $1.1 billion in 2021, then dropped by 24.64% to $804.1 million in 2022, then decreased by 18.35% to $656.6 million in 2023, then fell by 10.9% to $585.1 million in 2024, then decreased by 5.77% to $551.3 million in 2025.
  • Business Quant data shows Invested Capital for ZH at $551.3 million in Q4 2025, $579.7 million in Q3 2025, and $588.1 million in Q2 2025.