Zhihu (ZH) Return on Invested Capital (2022 - 2026)

Zhihu has reported Return on Invested Capital for 5 years, with the latest figure at 104.83% in Q4 2025.

• Quarterly Return on Invested Capital fell 10710.0% year-over-year to 104.83% in Q4 2025, while the trailing twelve-month figure through Dec 2025 was 104.83% (down 10710.0% YoY) and the FY2025 annual result came in at 0.27%, changed 0.0% from the prior year.
• Return on Invested Capital slipped to 104.83% in Q4 2025 per ZH's latest filing, from 84.72% in the prior quarter.
• Over five years, Return on Invested Capital peaked at 3.09% in Q1 2025 and troughed at 104.83% in Q4 2025.
• A 5-year average of 11.02% and a median of 0.06% in 2022 frame the typical range for Return on Invested Capital.
• The widest YoY moves for Return on Invested Capital: up 319 bps in 2025, down 10710 bps in 2025.
• Over 5 years, Return on Invested Capital stood at 0.06% in 2021, then grew by 9 bps to 0.05% in 2022, then plunged by 85 bps to 0.1% in 2023, then jumped by 2463 bps to 2.27% in 2024, then plunged by 4713 bps to 104.83% in 2025.
• According to Business Quant data, Return on Invested Capital over the past three periods registered 104.83%, 84.72%, and 31.18% for Q4 2025, Q3 2025, and Q2 2025 respectively.