Zscaler ZS Debt-to-equity

Debt-to-equity at other companies

Cisco Systems, Inc.CSCO

0.7×0.0×

VirnetX Holding Corp VHC

0.4×+0.2×

FortinetFTNT

0.3×-0.2×

Palo Alto Networks, Inc.PANW

0.1×0.0×

Cloudflare, Inc.NET

0.2×0.0×

CrowdStrike Holdings, Inc.CRWD

0.2×-0.1×

FAQ

What is Zscaler's debt-to-equity?

Zscaler (ZS) reported debt-to-equity of 0.7× in Q1 2026.

How has Zscaler's debt-to-equity changed year-over-year?

Zscaler's debt-to-equity increased by 7.4% year-over-year, from 0.7× to 0.7×.

What is the long-term trend for Zscaler's debt-to-equity?

Over 4 years (2021 to 2025), Zscaler's debt-to-equity has grown at a -14.2% compound annual growth rate (CAGR), from 1.8× to 1×.

What does debt-to-equity mean?

Total debt (including capitalized leases and financing obligations) divided by shareholders' equity at the quarter end. Measures how much the company is financed by debt relative to equity.