A Business at a Glance
0 of 5 daily views used (5 remaining). Sign up free for 10 daily views, or try AAPL for a full preview.
Zoom is redefining modern work as a system of action, turning live collaboration into completed results. From entrepreneurs to global enterprises, customers choose Zoom to seamlessly collaborate, communicate, and drive outcomes across meetings, chat, phone, contact center, events, and more — all with the built-in assistance of Zoom AI Companion. Our mission to deliver happiness, grounded in our core value of care, is fundamental to everything we do at Zoom. Our platform bridges work both inside and outside the organization by integrating AI capabilities across employee collaboration and customer-facing workflows, enabling seamless communication, collaboration, and engagement through Zoom Workplace and Zoom Business Services. Zoom Workplace with AI Companion brings together Zoom’s core communication and productivity tools—including Zoom Meetings, Zoom Phone, Zoom Team Chat, Zoom Docs, and Zoom Whiteboard—to support collaboration across organizations of varying sizes.
| Metric | TTM | FY2026 | FY2025 | FY2024 | FY2023 | FY2022 |
|---|---|---|---|---|---|---|
| Revenue | 4.9B | 4.9B | 4.7B | 4.5B | 4.4B | 4.1B |
| Net Income | 1.9B | 1.9B | 1.0B | 637M | 104M | 1.4B |
| EPS | $6.18 | $6.18 | $3.21 | $2.07 | $0.34 | $4.50 |
| Free Cash Flow | 1.9B | 1.9B | 1.8B | 1.5B | 1.2B | 1.5B |
| ROIC | 10.3% | 55.7% | 52.9% | 36.4% | 17.0% | 298.0% |
| Gross Margin | 77.0% | 77.0% | 75.8% | 76.2% | 74.9% | 74.3% |
| Debt/Equity | 0.00 | 0.00 | 0.00 | 0.01 | 0.01 | 0.01 |
| Dividends/Share | $0.00 | - | - | - | - | - |
| Operating Income | 1.1B | 1.1B | 813M | 525M | 245M | 1.1B |
| Operating Margin | 23.1% | 23.1% | 17.4% | 11.6% | 5.6% | 25.9% |
| ROE | 19.4% | 20.3% | 11.3% | 7.9% | 1.7% | 23.8% |
| Shares Outstanding | 307M | 307M | 315M | 308M | 305M | 306M |
| Metric | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | |||
|---|---|---|---|---|---|---|---|---|---|
| Income Statement | |||||||||
| Revenue | 331M | 623M | 2.7B | 4.1B | 4.4B | 4.5B | 4.7B | 4.9B | 4.9B |
| Gross Margin | 81.5% | 31.6% | 69.0% | 74.3% | 74.9% | 76.2% | 75.8% | 77.0% | 77.0% |
| R&D | 33M | 67M | 164M | 363M | 774M | 803M | 852M | 845M | 845M |
| SG&A | 45M | 87M | 321M | 483M | 576M | 580M | 443M | 393M | 393M |
| EBIT | 6.2M | 13M | 660M | 1.1B | 245M | 525M | 813M | 1.1B | 1.1B |
| Op. Margin | 1.9% | 2.0% | 24.9% | 25.9% | 5.6% | 11.6% | 17.4% | 23.1% | 23.1% |
| Net Income | N/A | 22M | 672M | 1.4B | 104M | 637M | 1.0B | 1.9B | 1.9B |
| Net Margin | N/A | 3.5% | 25.3% | 33.5% | 2.4% | 14.1% | 21.7% | 39.0% | 39.0% |
| Non-Recurring | 0 | 0 | 0 | 0 | 0 | 73M | 0 | 0 | 0 |
| Returns on Capital | |||||||||
| ROIC | N/A | 28.0% | 16.9% | N/M | 17.0% | 36.4% | 52.9% | 55.7% | 10.3% |
| ROE | N/A | 2.6% | 17.4% | 23.8% | 1.7% | 7.9% | 11.3% | 20.3% | 19.4% |
| ROA | N/A | 1.7% | 12.7% | 18.2% | 1.3% | 6.4% | 9.2% | 16.6% | 15.9% |
| Cash Flow | |||||||||
| Op. Cash Flow | 51M | 152M | 1.5B | 1.6B | 1.3B | 1.6B | 1.9B | 2.0B | 2.0B |
| Free Cash Flow | 23M | 114M | 1.4B | 1.5B | 1.2B | 1.5B | 1.8B | 1.9B | 1.9B |
| Owner Earnings | 35M | 62M | 1.2B | 1.1B | -78M | 437M | 891M | 1.1B | 1.1B |
| CapEx | 28M | 38M | 80M | 133M | 104M | 127M | 137M | 65M | 65M |
| Maint. CapEx | 7.0M | 16M | 29M | 48M | 82M | 104M | 123M | 133M | 133M |
| Growth CapEx | 21M | 22M | 51M | 84M | 22M | 23M | 14M | 0 | 0 |
| D&A | 7.0M | 16M | 29M | 48M | 82M | 104M | 123M | 133M | 133M |
| CapEx/OCF | N/A | 25.1% | 5.4% | 8.3% | 8.0% | 7.9% | 7.0% | 3.3% | 3.3% |
| Capital Allocation | |||||||||
| Dividends Paid | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Dividend Yield | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Share Buybacks | 0 | 4.4M | 0 | 0 | 1.0B | 0 | 1.1B | 1.6B | 1.6B |
| Buyback Yield | N/A | N/A | N/A | N/A | 4.4% | N/A | 3.9% | 5.5% | 6.4% |
| Stock-Based Comp | 8.9M | 73M | 276M | 477M | 1.3B | 1.1B | 931M | 761M | 761M |
| Debt Repayment | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Balance Sheet | |||||||||
| Net Debt | N/A | -790M | -4.2B | -5.3B | -5.3B | -6.9B | -7.8B | -7.8B | -1.2B |
| Cash & Equiv. | 64M | 283M | 2.2B | 1.1B | 1.1B | 1.6B | 1.3B | 1.3B | 1.3B |
| Long-Term Debt | N/A | 0 | N/A | N/A | N/A | N/A | N/A | N/A | 31M |
| Debt/Equity | -27.21 | 0.08 | 0.02 | 0.01 | 0.01 | 0.01 | 0.00 | 0.00 | 0.00 |
| Interest Coverage | 2.8 | 0.9 | 42.2 | 185.9 | 5.9 | 2.7 | 2.5 | 3.4 | 3.4 |
| Equity | -7.4M | 834M | 3.9B | 5.8B | 6.2B | 8.0B | 8.9B | 9.8B | 9.8B |
| Total Assets | 355M | 1.3B | 5.3B | 7.6B | 8.1B | 9.9B | 11.0B | 12.0B | 12.0B |
| Total Liabilities | 202M | 456M | 1.4B | 1.8B | 1.9B | 1.9B | 2.1B | 2.2B | 2.2B |
| Intangibles | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Retained Earnings | -25M | 152K | 672M | 2.0B | 2.2B | 2.8B | 3.8B | 5.7B | 5.7B |
| Working Capital | 124M | 762M | 3.5B | 4.6B | 4.6B | 6.2B | 6.8B | 6.7B | 6.7B |
| Current Assets | 277M | 1.1B | 4.8B | 6.2B | 6.4B | 7.9B | 8.7B | 8.7B | 8.7B |
| Current Liabilities | 152M | 334M | 1.3B | 1.6B | 1.7B | 1.8B | 1.9B | 2.0B | 2.0B |
| Per Share Data | |||||||||
| EPS | 0.00 | 0.09 | 2.25 | 4.50 | 0.34 | 2.07 | 3.21 | 6.18 | 6.18 |
| Owner EPS | 0.13 | 0.26 | 3.91 | 3.53 | -0.26 | 1.42 | 2.83 | 3.56 | 3.56 |
| Book Value | -0.03 | 3.45 | 12.94 | 18.92 | 20.35 | 26.04 | 28.39 | 31.90 | 31.90 |
| Cash Flow/Share | 0.18 | 0.63 | 4.93 | 5.25 | 4.23 | 5.19 | 6.18 | 6.47 | 6.61 |
| Dividends/Share | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | 0.00 |
| Shares Out. | 279.0M | 241.7M | 298.5M | 305.6M | 305.0M | 308.0M | 314.7M | 307.5M | 307.5M |
| Valuation | |||||||||
| P/E Ratio | N/A | 794.6 | 168.3 | 32.0 | 218.1 | 32.7 | 27.6 | 15.6 | 13.4 |
| P/FCF | N/A | 151.8 | 81.2 | 29.8 | 19.1 | 14.2 | 15.4 | 15.4 | 13.2 |
| EV/EBIT | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | 21.6 |
| Price/Book | N/A | 20.7 | 29.3 | 7.6 | 3.6 | 2.6 | 3.1 | 3.0 | 2.6 |
| Price/Sales | N/A | 30.9 | 31.9 | 22.6 | 6.7 | 4.7 | 4.6 | 5.1 | 5.2 |
| FCF Yield | N/A | 0.7% | 1.2% | 3.4% | 5.2% | 7.1% | 6.5% | 6.5% | 7.6% |
| Market Cap | N/A | 17.3B | 113.0B | 43.9B | 22.6B | 20.9B | 27.9B | 29.6B | 25.5B |
| Avg. Price | N/A | 79.57 | 283.73 | 302.61 | 96.32 | 68.54 | 68.16 | 80.24 | 82.80 |
| Year-End Price | N/A | 71.51 | 378.59 | 143.81 | 74.15 | 67.74 | 88.64 | 96.22 | 82.80 |
Zoom Communications, Inc. passes 8 of 9 quality checks, indicating strong fundamentals.
Zoom Communications, Inc. trades at 13.4x trailing earnings, compared to its 15-year median P/E of 29.8x, suggesting it is currently Cheap relative to its historical range. On a free-cash-flow basis, the stock trades at 11.4x vs a median of 17.2x. The company's 5-year average ROIC is 40.5% with a gross margin of 75.6%. Total shareholder yield (buybacks) is 6.4%. At current prices, the estimated annualized return to fair value is +40.7%.
Zoom Communications, Inc. (ZM) has a current P/E ratio of 13.4, compared to its historical median P/E of 29.8. The stock is currently considered Cheap based on its historical valuation range.
Zoom Communications, Inc. (ZM) has a 5-year average return on invested capital (ROIC) of 40.5%. This indicates strong capital allocation and a potential competitive advantage.
Zoom Communications, Inc. (ZM) has a market capitalization of $25.5B. It is classified as a large-cap stock.
Zoom Communications, Inc. (ZM) does not currently pay a regular dividend. However, the company returns capital to shareholders through share buybacks, with a buyback yield of 6.37%.
Based on historical P/E analysis, Zoom Communications, Inc. (ZM) appears cheap. The current P/E of 13.4 is 55% below its historical median of 29.8. The estimated fair value CAGR (P/E method) is 43.4%.
Zoom Communications, Inc. (ZM) operates in the Services-Computer Programming, Data Processing, Etc. industry, within the Technology sector.
Zoom Communications, Inc. (ZM) reported annual revenue of $4.9 billion in its most recent fiscal year, based on SEC EDGAR filings.
Zoom Communications, Inc. (ZM) has a net profit margin of 39.0%. This is a strong margin indicating high profitability.
Zoom Communications, Inc. (ZM) generated $1.9 billion in free cash flow in its most recent fiscal year. Positive free cash flow supports dividends, buybacks, and debt reduction.
Zoom Communications, Inc. (ZM) has a debt-to-equity ratio of 0.00. This indicates a conservatively financed balance sheet.
Zoom Communications, Inc. (ZM) reported earnings per share (EPS) of $6.18 in its most recent fiscal year.
Zoom Communications, Inc. (ZM) has a return on equity (ROE) of 20.3%. This indicates the company generates strong returns for shareholders.
Zoom Communications, Inc. (ZM) has a 5-year average gross margin of 75.6%. This high margin suggests strong pricing power and a potential competitive moat.
The Ledger Terminal provides 8 years of financial data for Zoom Communications, Inc. (ZM), sourced directly from SEC EDGAR filings. This includes income statements, balance sheets, cash flow statements, and key financial ratios.
Zoom Communications, Inc. (ZM) has a book value per share of $31.90, based on its most recent annual SEC filing.