Zscaler Inc (ZS) Return on equity 2018–2026
Zscaler Inc (ZS) return on equity by fiscal year — reported net income divided by year-end shareholders’ equity.
-2.4%FY2026 · since FY2018: -14.0% → -2.4%
| Fiscal year | Value | YoY |
|---|---|---|
| FY2026 | -2.4% | -0.1 pp |
| FY2025 | -2.3% | +2.2 pp |
| FY2024 | -4.5% | +23.4 pp |
| FY2023 | -27.9% | +40.2 pp |
| FY2022 | -68.1% | -18.5 pp |
| FY2021 | -49.5% | -25.8 pp |
| FY2020 | -23.7% | -14.5 pp |
| FY2019 | -9.3% | +4.7 pp |
| FY2018 | -14.0% | — |
ROE = reported net income ÷ reported year-end shareholders’ equity for the same fiscal year. Heavy buybacks shrink equity and can push ROE very high (or negative-equity years drop out).
Source: SEC XBRL filings · For reference only · Not investment advice