Zoom Communications (ZM) Return on Capital Employed (2019 - 2026)
Zoom Communications (ZM) reported Return on Capital Employed of 11.61% for Q1 2026, up 251.0% year-over-year from 3.31% in Q1 2025, and down 2.16% on a QoQ basis from 11.87% in Q4 2025.
Zoom Communications (ZM) has 8 years of Return on Capital Employed data on file, last reported at 11.61% in Q1 2026.
- Quarterly Return on Capital Employed rose 251.0% year-over-year to 11.61% in Q1 2026, while the trailing twelve-month figure through Jan 2026 was 11.61% (up 251.0% YoY) and the FY2026 annual result came in at 11.86%, up 235.0% from the prior year.
- Return on Capital Employed declined to 11.61% in Q1 2026 per ZM's latest filing, from 11.87% in the prior quarter.
- Across five years, Return on Capital Employed topped out at 18.71% in Q1 2022 and bottomed at 1.05% in Q2 2023.
- The 5-year median for Return on Capital Employed is 9.11% (2025), against an average of 9.14%.
- The widest annual swing landed in 2023, when Return on Capital Employed tumbled 1618 bps; it then soared 765 bps in 2024.
- Tracing ZM's Return on Capital Employed over 5 years: stood at 10.37% in 2022, then sank by 70 bps to 3.08% in 2023, then jumped by 181 bps to 8.66% in 2024, then surged by 37 bps to 11.87% in 2025, then slipped by 2 bps to 11.61% in 2026.
- Per Business Quant, the three latest ZM Return on Capital Employed figures stand at 11.61% (Q1 2026), 11.87% (Q4 2025), and 10.73% (Q3 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | ROCE (Qtr) |
|---|---|---|---|---|---|
| 1 | Sap Se | 253.17 Bn | 235.20 Bn | 8.16 Bn | 40.19% |
| 2 | Salesforce | 171.07 Bn | 161.50 Bn | 8.69 Bn | 12.51% |
| 3 | Uber Technologies | 147.39 Bn | 146.35 Bn | 11.88 Bn | 12.81% |
| 4 | Shopify | 134.25 Bn | 128.50 Bn | 1.55 Bn | 12.40% |
| 5 | ServiceNow | 105.72 Bn | 100.54 Bn | 2.83 Bn | 12.32% |
| 6 | Cadence Design Systems | 101.64 Bn | 100.23 Bn | 1.26 Bn | 17.43% |
| 7 | Adobe | 100.35 Bn | 93.46 Bn | 5.73 Bn | 49.21% |
| 8 | Automatic Data Processing | 90.91 Bn | 87.68 Bn | 2.87 Bn | -20.99% |
| 9 | Intuit | 88.30 Bn | 81.52 Bn | 6.77 Bn | 23.43% |
| 10 | Zoom Communications | 31.75 Bn | 23.93 Bn | 951.29 Mn | 11.61% |
Historic Data
Download Data| Date | Value |
|---|---|
| Jan 31, 2026 | 11.61% |
| Oct 31, 2025 | 11.87% |
| Jul 31, 2025 | 10.73% |
| Apr 30, 2025 | 9.39% |
| Jan 31, 2025 | 9.11% |
| Oct 31, 2024 | 8.66% |
| Jul 31, 2024 | 8.68% |
| Apr 30, 2024 | 8.70% |
| Jan 31, 2024 | 6.68% |
| Oct 31, 2023 | 3.08% |
| Jul 31, 2023 | 1.78% |
| Apr 30, 2023 | 1.05% |
| Jan 31, 2023 | 3.93% |
| Oct 31, 2022 | 10.37% |
| Jul 31, 2022 | 13.88% |
| Apr 30, 2022 | 17.23% |
| Jan 31, 2022 | 18.71% |
| Oct 31, 2021 | 21.14% |
| Jul 31, 2021 | 21.48% |
| Apr 30, 2021 | 21.22% |
| Jan 31, 2021 | 22.64% |
| Oct 31, 2020 | 29.10% |
| Jul 31, 2020 | 20.81% |
| Apr 30, 2020 | 5.35% |
| Jan 31, 2020 | 1.40% |
| Oct 31, 2019 | 0.94% |
| Jul 31, 2019 | 1.02% |
| Apr 30, 2019 | 1.95% |