Zoom Communications (ZM) Return on Capital Employed (2019 - 2026)

Zoom Communications' (ZM) quarterly Return on Capital Employed came in at 11.61% in Q1 2026, up 251.0% year-on-year from 3.31% in Q1 2025, and down 2.16% on a QoQ basis from 11.87% in Q4 2025.

Zoom Communications (ZM) Return on Capital Employed (2019 - 2026) Analysis & Trends

Zoom Communications (ZM) has 8 years of Return on Capital Employed data on file, last reported at 11.61% in Q1 2026.

  • On a quarterly basis, Return on Capital Employed rose 251.0% year-over-year to 11.61% in Q1 2026; TTM through Jan 2026 was 11.61%, a 251.0% increase from a year earlier, with the FY2026 full-year figure at 11.86%, up 235.0% from the prior year.
  • Return on Capital Employed for Q1 2026 stood at 11.61%, down from 11.87% in the prior quarter.
  • Over the last five years, Return on Capital Employed for ZM reached as high as 18.71% in Q1 2022 and fell as low as 1.05% in Q2 2023.
  • Historically, Return on Capital Employed has averaged 9.14% across 5 years, with a median of 9.11% in 2025.
  • Across the five-year window, Return on Capital Employed tumbled 1618 bps in 2023 and soared 765 bps in 2024, its largest moves.
  • Year by year, Return on Capital Employed stood at 10.37% in 2022, then plunged by 70 bps to 3.08% in 2023, then soared by 181 bps to 8.66% in 2024, then jumped by 37 bps to 11.87% in 2025, then decreased by 2 bps to 11.61% in 2026.
  • Per Business Quant data, the three most recent Return on Capital Employed figures were 11.61% in Q1 2026, 11.87% in Q4 2025, and 10.73% in Q3 2025.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) ROCE (Qtr)
1 Sap Se 208.91 Bn 189.27 Bn 8.16 Bn 40.19%
2 Full Truck Alliance 188.77 Bn 186.13 Bn - 9.52%
3 Shopify 145.98 Bn 140.23 Bn 1.55 Bn 12.40%
4 Uber Technologies 141.48 Bn 140.44 Bn 5.95 Bn 12.81%
5 Salesforce 128.51 Bn 116.67 Bn 8.56 Bn 10.65%
6 ServiceNow 98.38 Bn 93.20 Bn 2.82 Bn 10.59%
7 Automatic Data Processing 97.56 Bn 94.34 Bn 2.87 Bn -7.29%
8 Snowflake 91.55 Bn 88.59 Bn 926.45 Mn -25.94%
9 Cadence Design Systems 89.91 Bn 88.50 Bn 1.41 Bn 17.43%
10 Zoom Communications 25.28 Bn 17.46 Bn 951.29 Mn 11.61%

Historic Data

Download Data
DateValue
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%