Zoom Communications (ZM) EV to FCF (2019 - 2026)
Zoom Communications' EV to FCF came in at 10.08 for fiscal Q4 2026 (quarter ended Jan 31, 2026), down 2.9% from 10.39 a year earlier but up 12.4% from the prior quarter.
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Analysis
Zoom Communications (ZM) EV to FCF (2019 - 2026) Analysis & Trends
Going back to fiscal Q1 2020, Zoom Communications' EV to FCF data covers 28 quarters.
- Going back by fiscal year, EV to FCF was 10.39 in FY2025 (+18.4%), 8.77 in FY2024 (-37.4%), 14.01 in FY2023 (-49.3%) and 27.65 in FY2022 (-63.4%).
- The five-year range for quarterly EV to FCF is 7.83 (fiscal Q2 2026) to 65.88 (fiscal Q2 2022).
- Year-over-year, EV to FCF has declined for four consecutive quarters, with an average decline of 15.8% over the last eight quarters.
- The fastest year-over-year change in EV to FCF over five years came in fiscal Q4 2025 (growth of 18.4%), and the weakest in fiscal Q1 2023 (a decline of 67.9%).
- Business Quant data shows ZM's EV to FCF at 8.97 (Q3 2026), 7.83 (Q2 2026) and 9.24 (Q1 2026) in the three fiscal quarters before Q4 2026.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Adobe | 93.82 Bn | 69.07 Bn | 6.00 Bn |
| 2 | Atlassian | 46.64 Bn | 39.92 Bn | 1.53 Bn |
| 3 | Twilio | 44.91 Bn | 34.90 Bn | 725.87 Mn |
| 4 | Autodesk | 43.68 Bn | 31.72 Bn | 1.87 Bn |
| 5 | Zoom Communications | 26.53 Bn | -4.25 Bn | 985.50 Mn |
| 6 | Figma | 11.16 Bn | 4.66 Bn | 309.61 Mn |
| 7 | Dropbox | 7.44 Bn | 3.07 Bn | 506.50 Mn |
| 8 | Nice | 6.72 Bn | 5.19 Bn | 995.81 Mn |
| 9 | RingCentral | 6.26 Bn | 5.75 Bn | 472.31 Mn |
| 10 | Open Text | 5.43 Bn | 861.81 Mn | 1.01 Bn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jan 31, 2026 | 10.08 |
| Oct 31, 2025 | 8.97 |
| Jul 31, 2025 | 7.83 |
| Apr 30, 2025 | 9.24 |
| Jan 31, 2025 | 10.39 |
| Oct 31, 2024 | 12.55 |
| Jul 31, 2024 | 9.92 |
| Apr 30, 2024 | 10.34 |
| Jan 31, 2024 | 8.77 |
| Oct 31, 2023 | 12.67 |
| Jul 31, 2023 | 18.12 |
| Apr 30, 2023 | 15.94 |
| Jan 31, 2023 | 14.01 |
| Oct 31, 2022 | 19.55 |
| Jul 31, 2022 | 23.20 |
| Apr 30, 2022 | 18.65 |
| Jan 31, 2022 | 27.65 |
| Oct 31, 2021 | 48.44 |
| Jul 31, 2021 | 65.88 |
| Apr 30, 2021 | 58.08 |
API Access
Zoom Communications EV to FCF API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=ev-to-fcf&ticker=ZM&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "ev-to-fcf", "ticker": "ZM", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=ev-to-fcf&ticker=ZM&period=max&api_key=YOUR_API_KEY");
const data = await res.json();