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Zscaler ZS Return on assets

Return on assets at other companies

Cisco Systems, Inc. logo
Cisco Systems, Inc.CSCO
9.7%+1.7pp
Fortinet logo
FortinetFTNT
19.3%-1.5pp
Cloudflare, Inc. logo
Cloudflare, Inc.NET
-1.8%-0.4pp
CrowdStrike Holdings, Inc. logo
CrowdStrike Holdings, Inc.CRWD
-3.4%-5.0pp
Broadcom Inc. logo
Broadcom Inc.AVGO
17.1%+9.5pp
Akamai Technologies logo
Akamai TechnologiesAKAM
4%-0.5pp

Other financials

Income statement

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Revenue$850.5M+25.4%
Gross profit$657.8M+26.0%
Operating income-$29.6M-16.6%
Net income-$13.9M-237%
EPS (diluted)-$0.09-200%

Balance sheet

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Cash & equivalents$982.1M-50.7%
Total debt$1.7B+40.9%
Total equity$2.4B+31.1%
Total assets$7.1B+32.9%

Cash flow

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Operating cash flow$198.0M-6.2%
CapEx$42.4M-41.2%
Free cash flow$155.6M+12.0%

Valuation

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Market cap$20.19B-35.4%
Enterprise value$20.94B-31.5%
P/S6.4×-5.9×

Profitability

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Gross margin76.7%-0.7pp
Operating margin-4.7%-0.1pp
Net margin-2.4%+3.7pp

Returns & leverage

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Return on equity-3.7%+2.3pp
Debt / equity0.7×+0.1×
Current ratio1.9×+0.6×

Where this comes from

Calculated from Zscaler’s reported figures.

Based on trailing twelve months.

The official record: Zscaler’s 10-Q, filed May 26, 2026, on SEC EDGAR. View the filing →

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Questions, answered.

What is Zscaler's return on assets?
Zscaler (ZS) reported return on assets of -1.2% in Q1 2026.
How has Zscaler's return on assets changed year-over-year?
Zscaler's return on assets decreased by 53.0% year-over-year, from -0.8% to -1.2%.
What is the long-term trend for Zscaler's return on assets?
Over 4 years (2021 to 2025), Zscaler's return on assets has grown at a -52.8% compound annual growth rate (CAGR), from -56.1% to -2.8%.
What does return on assets mean?
How much profit the company squeezes out of everything it owns.
How do you interpret return on assets?
Higher means more productive assets. Unlike ROE, it is unaffected by leverage, so a wide ROE-minus-ROA gap flags a heavily levered balance sheet.
How does return on assets compare across companies?
Best compared within an industry — asset intensity varies enormously across sectors. Not meaningful for banks, whose assets are largely financial.