Zscaler (ZS) EV to FCF (2018 - 2026)
Zscaler's EV to FCF came in at 24.85 for FY2026 (year ended Jul 31, 2026), down 51.8% from 51.51 in FY2025.
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Analysis
Zscaler (ZS) EV to FCF (2018 - 2026) Analysis & Trends
Going back to FY2018, Zscaler's EV to FCF data covers 9 fiscal years.
- The FY2026 figure represents the lowest annual EV to FCF in data going back to FY2018.
- Per Business Quant, earlier fiscal years put EV to FCF at 51.51 in FY2025 (+31.2%), 39.26 in FY2024 (-33.3%), 58.89 in FY2023 (-27.2%) and 80.95 in FY2022 (-60.1%).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Palo Alto Networks | 264.75 Bn | 249.82 Bn | 2.30 Bn |
| 2 | CrowdStrike Holdings | 238.93 Bn | 219.33 Bn | 1.10 Bn |
| 3 | Fortinet | 127.84 Bn | 113.77 Bn | 1.64 Bn |
| 4 | Snowflake | 110.22 Bn | 97.54 Bn | 1.04 Bn |
| 5 | Datadog | 89.46 Bn | 71.10 Bn | 881.34 Mn |
| 6 | Zscaler | 33.91 Bn | 20.03 Bn | - |
| 7 | Okta | 33.86 Bn | 23.96 Bn | 641.00 Mn |
| 8 | Axon Enterprise | 32.92 Bn | 27.44 Bn | 546.45 Mn |
| 9 | MongoDB | 27.85 Bn | 18.31 Bn | 569.77 Mn |
| 10 | F5 | 25.12 Bn | 19.53 Bn | 711.51 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jan 31, 2026 | 30.21 |
| Oct 31, 2025 | 53.51 |
| Jul 31, 2025 | 51.51 |
| Apr 30, 2025 | 41.73 |
| Jan 31, 2025 | 36.94 |
| Oct 31, 2024 | 34.89 |
| Jul 31, 2024 | 39.26 |
| Apr 30, 2024 | 40.56 |
| Jan 31, 2024 | 61.44 |
| Oct 31, 2023 | 42.93 |
| Jul 31, 2023 | 58.89 |
| Apr 30, 2023 | 33.05 |
| Jan 31, 2023 | 52.72 |
| Oct 31, 2022 | 75.81 |
| Jul 31, 2022 | 80.95 |
| Apr 30, 2022 | 134.48 |
| Jan 31, 2022 | 164.65 |
| Oct 31, 2021 | 219.65 |
| Jul 31, 2021 | 202.82 |
| Apr 30, 2021 | 177.50 |
API Access
Zscaler 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=ZS&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "ev-to-fcf", "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-fcf&ticker=ZS&period=max&api_key=YOUR_API_KEY");
const data = await res.json();