Zoom Video Communications, Inc. ZM Ratios & Valuation
| TTM Q1 '27 | TTM Q4 '26 | TTM Q3 '26 | TTM Q2 '26 | TTM Q1 '26 | ||
|---|---|---|---|---|---|---|
| Profitability | ||||||
| Gross margin | 307.7%+1.5pp | 306.1%+1.2pp | 304.9%+1.1pp | 303.8%+0.5pp | 303.4%-0.3pp | |
| Operating margin | 90.5%+6.0pp | 84.5%+5.6pp | 78.9%+6.5pp | 72.3%+4.2pp | 68.1%+2.4pp | |
| Net margin | 139.2%+19.7pp | 119.5%+17.4pp | 102.1%+12.8pp | 89.3%+5.9pp | 83.4%+3.9pp | |
| Returns | ||||||
| Return on equity | 73.6%+9.8pp | 63.8%+8.4pp | 55.4%+6.0pp | 49.4%+2.3pp | 47.1%+0.9pp | |
| Return on invested capital | 43.6%+1.7pp | 41.9%+2.0pp | 39.8%+2.5pp | 37.3%+1.3pp | 36%+0.1pp | |
| Efficiency | ||||||
| Asset turnover | 1.7×0.0× | 1.7×0.0× | 1.8×0.0× | 1.8×0.0× | 1.8×0.0× | |
| Liquidity | ||||||
| Current ratio | 17.4×-0.3× | 17.8×-0.2× | 18×-0.2× | 18.2×-0.1× | 18.3×+0.1× | |
| Leverage | ||||||
| Debt-to-equity | 0×0.0× | 0×0.0× | 0×0.0× | 0×0.0× | 0×0.0× | |
| Net debt / EBITDA | -3.6×+0.5× | -4.2×+0.4× | -4.6×+0.4× | -5×+0.7× | -5.7×+1.0× | |
| Per Share | ||||||
| Book value per share | $124.61+4.0% | $119.86+3.1% | $116.30+2.5% | $113.48+1.7% | $111.59+2.0% | |
| Valuation | ||||||
| Market capitalization | $104.41B+5.7% | $98.82B+0.6% | $98.2B+3.2% | $95.2B+4.1% | $91.44B+5.0% | |
| Price / earnings | 63.4×-8.2× | 71.6×-12.0× | 83.6×-8.2× | 91.8×-2.4× | 94.2×-0.3× | |
| Price / sales | 21.5×+0.9× | 20.7×-0.1× | 20.8×+0.4× | 20.3×+0.6× | 19.7×+0.8× | |
| Price / book | 11×+0.3× | 10.7×-0.2× | 10.9×+0.1× | 10.7×+0.3× | 10.4×+0.3× | |
| EV / EBITDA | 81.1×-1.2× | 82.4×-6.4× | 88.7×-4.9× | 93.6×-0.9× | 94.5×+1.8× |
Chart any of these lines over time, or line them up against competitors.
Compare these in charts →Questions, answered.
- What are Zoom Video Communications, Inc.'s profit margins?
- Zoom Video Communications, Inc. (ZM) runs a 77.4% gross margin and a 24.2% operating margin, with a 42.0% net margin.
- Where do Zoom Video Communications, Inc.'s ratios come from?
- Every ratio is computed from Zoom Video Communications, Inc.'s SEC filings — trailing-twelve-month flows over period-end balances. Valuation multiples combine those fundamentals with market data, recomputed each period. Switch between quarterly, annual, and TTM, or open any ratio for its full history and peer comparisons.
