Zscaler (ZS) EV to CFO (2018 - 2026)
Zscaler's (ZS) EV to CFO came in at 18.75 for FY2026 (year ended Jul 31, 2026), down 56.2% from 42.81 in FY2025.
Analysis
Zscaler (ZS) EV to CFO (2018 - 2026) Analysis & Trends
Since FY2018, Zscaler has reported EV to CFO for 9 fiscal years.
- The FY2026 figure stands as the lowest annual EV to CFO in data going back to FY2018.
- Business Quant data shows ZS's EV to CFO at 42.81 in FY2025 (+33.9%), 31.98 in FY2024 (-31.2%), 46.51 in FY2023 (-26.8%) and 63.52 in FY2022 (-58.9%).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Palo Alto Networks | 255.53 Bn | 240.60 Bn | 2.30 Bn |
| 2 | CrowdStrike Holdings | 230.03 Bn | 210.43 Bn | 1.10 Bn |
| 3 | Fortinet | 123.13 Bn | 109.06 Bn | 1.64 Bn |
| 4 | Snowflake | 107.35 Bn | 94.67 Bn | 1.04 Bn |
| 5 | Datadog | 87.69 Bn | 69.33 Bn | 881.34 Mn |
| 6 | Zscaler | 32.63 Bn | 18.74 Bn | - |
| 7 | Okta | 32.61 Bn | 22.70 Bn | 641.00 Mn |
| 8 | Axon Enterprise | 32.22 Bn | 26.75 Bn | 546.45 Mn |
| 9 | MongoDB | 26.93 Bn | 17.40 Bn | 569.77 Mn |
| 10 | F5 | 24.99 Bn | 19.40 Bn | 711.51 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jan 31, 2026 | 25.67 |
| Oct 31, 2025 | 45.42 |
| Jul 31, 2025 | 42.81 |
| Apr 30, 2025 | 34.80 |
| Jan 31, 2025 | 32.07 |
| Oct 31, 2024 | 29.43 |
| Jul 31, 2024 | 31.98 |
| Apr 30, 2024 | 33.59 |
| Jan 31, 2024 | 50.73 |
| Oct 31, 2023 | 35.67 |
| Jul 31, 2023 | 46.51 |
| Apr 30, 2023 | 26.02 |
| Jan 31, 2023 | 40.44 |
| Oct 31, 2022 | 57.12 |
| Jul 31, 2022 | 63.52 |
| Apr 30, 2022 | 102.84 |
| Jan 31, 2022 | 133.45 |
| Oct 31, 2021 | 178.12 |
| Jul 31, 2021 | 154.47 |
| Apr 30, 2021 | 128.19 |
API Access
Zscaler EV to CFO 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-cfo&ticker=ZS&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "ev-to-cfo", "ticker": "ZS", "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-cfo&ticker=ZS&period=max&api_key=YOUR_API_KEY");
const data = await res.json();