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Zoom Communications, Inc. ZM

Nasdaq · stock · Services-Computer Programming, Data Processing, Etc. · website · IPO 2019-04-18 · LEI

Zoom Communications, Inc. statistics & valuation

P / E14.2×
P / S5.5×
P / B2.8×
P / FCF14.0×
Net margin39.0%
FCF margin39.5%
Return on capital11.3%
Graham number -36.6%$66.62

Market cap as of 2026-06-29. Multiples are price-derived and refreshed daily; everything else from the latest financial reports. The Graham number is Benjamin Graham's rough maximum fair value ($66.62); a green figure means the price is below it.

Profitability & efficiency

Net margin (%)
2.30% 4.10% 25.40% 33.60% 2.40% 14.10% 21.70% 39.00% 20192020202120222023202420252026
Gross margin (%)
81.50% 81.50% 69.00% 74.30% 74.90% 76.20% 75.80% 77.00% 20192020202120222023202420252026
Operating margin (%)
1.90% 2.00% 24.90% 25.90% 5.60% 11.60% 17.40% 23.10% 20192020202120222023202420252026
Return on equity (%)
3.00% 17.40% 23.80% 1.70% 7.90% 11.30% 19.40% 20192020202120222023202420252026
Shares outstanding
116.0M 254.3M 298.1M 305.8M 304.2M 308.5M 315.1M 307.3M 20192020202120222023202420252026
Net debt ($)
20192020202120222023202420252026
Share buybacks ($)
20192020202120222023202420252026
Return on assets (%)
2.10% 2.00% 12.70% 18.20% 1.30% 6.40% 9.20% 15.90% 20192020202120222023202420252026
Free cash flow margin (%)
6.90% 18.30% 52.50% 35.90% 27.00% 32.50% 38.80% 39.50% 20192020202120222023202420252026
Debt / equity (×)
20192020202120222023202420252026
EPS ($)
$0.00 $0.09 $2.25 $4.50 $0.34 $2.07 $3.21 $6.18 20192020202120222023202420252026

Margins and returns computed from annual filings. Falling shares outstanding = buybacks; rising = dilution. Net debt = debt − cash (negative = net cash).

P / E vs its own history

Zoom Communications, Inc. trades at about 17× earnings — below its 10-year norm (10-year range 12×–1166.7×, median 34.2×).

12× 1166.7×

Shaded band = 10-year range (12×–1166.7×); dot = today's 17×.

Historical P/E = month-end price near each fiscal year-end ÷ that year's EPS. A read on whether the stock is cheap or dear relative to how it has typically been valued — not a forecast.

Key ratios (by fiscal year)

RatioFY2026FY2025FY2024FY2023FY2022FY2021FY2020FY2019
Gross margin77.0%75.8%76.2%74.9%74.3%69.0%81.5%81.5%
Operating margin23.1%17.4%11.6%5.6%25.9%24.9%2.0%1.9%
Net margin39.0%21.7%14.1%2.4%33.6%25.4%4.1%2.3%
FCF margin39.5%38.8%32.5%27.0%35.9%52.5%18.3%6.9%
Return on assets15.9%9.2%6.4%1.3%18.2%12.7%2.0%2.1%
Return on equity19.4%11.3%7.9%1.7%23.8%17.4%3.0%-101.9%
Current ratio4.334.564.503.663.913.803.281.82

Computed from company filings · US · as of 2026-01-31. Facts plus Stocktoria's own computed scores — not investment advice.