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% quarter-over-quarter 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.

  • Return on Capital Employed for Q1 2026 came in at 11.61%, up 251.0% year-over-year; the trailing twelve-month figure through Jan 2026 was 11.61% (up 251.0% YoY), and the FY2026 annual result was 11.86%, up 235.0% from the prior year.
  • Return on Capital Employed eased to 11.61% in Q1 2026 per ZM's latest filing, from 11.87% in the prior quarter.
  • Over five years, Return on Capital Employed peaked at 18.71% in Q1 2022 and troughed at 1.05% in Q2 2023.
  • A 5-year average of 9.14% and a median of 9.11% in 2025 frame the typical range for Return on Capital Employed.
  • The sharpest annual moves came in 2023 and 2024: Return on Capital Employed sank 1618 bps in 2023, then surged 765 bps in 2024.
  • A 5-year view of Return on Capital Employed shows it stood at 10.37% in 2022, then tumbled 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 declined by 2 bps to 11.61% in 2026.
  • Business Quant data shows ZM's Return on Capital Employed at 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 238.14 Bn 220.17 Bn 8.16 Bn 40.19%
2 Full Truck Alliance 166.83 Bn 164.28 Bn - 9.54%
3 Uber Technologies 150.36 Bn 149.32 Bn 11.88 Bn 12.81%
4 Shopify 147.75 Bn 142.01 Bn 1.55 Bn 12.40%
5 Salesforce 140.39 Bn 128.55 Bn 8.56 Bn 10.65%
6 Cadence Design Systems 105.73 Bn 104.32 Bn 1.26 Bn 17.43%
7 ServiceNow 105.42 Bn 100.24 Bn 2.83 Bn 12.32%
8 Automatic Data Processing 89.57 Bn 86.34 Bn 2.87 Bn -20.99%
9 Adobe 85.05 Bn 78.16 Bn 5.90 Bn 51.24%
10 Zoom Communications 27.67 Bn 19.85 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%