Zscaler ZS Return on invested capital

Return on invested capital at other companies

Cisco Systems, Inc.CSCO

16.8%+1.6pp

VirnetX Holding Corp VHC

-122.4%+326pp

Palo Alto Networks, Inc.PANW

5.1%-19.3pp

Cloudflare, Inc.NET

-19.3%+8.7pp

Broadcom Inc.AVGO

23.5%+8.3pp

Akamai TechnologiesAKAM

7.9%-0.6pp

FAQ

What is Zscaler's return on invested capital?

Zscaler (ZS) reported return on invested capital of -7.2% in Q1 2026.

How has Zscaler's return on invested capital changed year-over-year?

Zscaler's return on invested capital increased by 38.1% year-over-year, from -11.7% to -7.2%.

What is the long-term trend for Zscaler's return on invested capital?

Over 4 years (2021 to 2025), Zscaler's return on invested capital has grown at a -9.6% compound annual growth rate (CAGR), from -16.9% to -11.3%.

What does return on invested capital mean?

Net operating profit after tax (operating income taxed at the effective rate) divided by average invested capital (debt plus equity minus cash). Measures the after-tax return on all capital put to work in the business, independent of capital structure.