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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) Return on Invested Capital (2021 - 2025)

Zhihu's Return on Invested Capital history spans 5 years, with the latest figure at 0.99% for Q4 2025.

  • On a quarterly basis, Return on Invested Capital fell 102.0% to 0.99% in Q4 2025 year-over-year; TTM through Dec 2025 was 0.99%, a 102.0% decrease, with the full-year FY2025 number at 0.0%, changed 0.0% from a year prior.
  • Return on Invested Capital hit 0.99% in Q4 2025 for Zhihu, down from 0.51% in the prior quarter.
  • Over the last five years, Return on Invested Capital for ZH hit a ceiling of 0.02% in Q1 2025 and a floor of 0.99% in Q4 2025.
  • Historically, Return on Invested Capital has averaged 0.09% across 5 years, with a median of 0.0% in 2022.
  • The widest YoY moves for Return on Invested Capital: up 3bps in 2025, down -102bps in 2025.
  • Tracing ZH's Return on Invested Capital over 5 years: stood at 0.0% in 2021, then tumbled by -46bps to 0.0% in 2022, then surged by 50bps to 0.0% in 2023, then surged by 1712bps to 0.02% in 2024, then plummeted by -4329bps to 0.99% in 2025.
  • Business Quant data shows Return on Invested Capital for ZH at 0.99% in Q4 2025, 0.51% in Q3 2025, and 0.22% in Q2 2025.