Zscaler (ZS) Return on Invested Capital [ROIC] (2024 - 2025)
Zscaler (ZS) posted Return on Invested Capital [ROIC] of -5.41% for fiscal Q4 2025 (quarter ended Jul 31, 2025), down 1.09 percentage points from the prior quarter.
Zscaler (ZS) Return on Invested Capital [ROIC] (2024 - 2025) Analysis & Trends
For FY2025 (ended Jul 31, 2025), Zscaler's Return on Invested Capital [ROIC] came in at -6.09%, up 1.64 percentage points from FY2024.
- In prior fiscal years, Zscaler's Return on Invested Capital [ROIC] was -7.73% in FY2024.
- According to Business Quant data, Return on Invested Capital [ROIC] for the three prior fiscal quarters was -4.32% (Q3 2025), -3.78% (Q2 2025) and -4.25% (Q1 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | ROIC (Qtr) |
|---|---|---|---|---|---|
| 1 | Palo Alto Networks | 266.46 Bn | 251.53 Bn | 2.30 Bn | - |
| 2 | CrowdStrike Holdings | 240.79 Bn | 221.20 Bn | 1.10 Bn | -2.11% |
| 3 | Fortinet | 128.48 Bn | 114.41 Bn | 1.64 Bn | 111.71% |
| 4 | Snowflake | 110.92 Bn | 98.24 Bn | 1.04 Bn | - |
| 5 | Datadog | 90.46 Bn | 72.10 Bn | 881.34 Mn | - |
| 6 | Okta | 34.27 Bn | 24.37 Bn | 641.00 Mn | 2.98% |
| 7 | Zscaler | 34.25 Bn | 20.37 Bn | - | - |
| 8 | Axon Enterprise | 32.99 Bn | 27.52 Bn | 546.45 Mn | 0.45% |
| 9 | MongoDB | 28.01 Bn | 18.48 Bn | 569.77 Mn | - |
| 10 | F5 | 25.31 Bn | 19.71 Bn | 711.51 Mn | - |
Historic Data
| Date | Value |
|---|---|
| Jul 31, 2025 | -5.41% |
| Apr 30, 2025 | -4.32% |
| Jan 31, 2025 | -3.78% |
| Oct 31, 2024 | -4.25% |
Zscaler Return on Invested Capital [ROIC] 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=return-on-invested-capital-%5Broic%5D&ticker=ZS&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "return-on-invested-capital-[roic]", "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=return-on-invested-capital-%5Broic%5D&ticker=ZS&period=max&api_key=YOUR_API_KEY");
const data = await res.json();