Zscaler Inc (ZS) — Cash Flow Reinvestment Rate
Zscaler Inc (ZS) has a Cash Flow Reinvestment Rate of 3.43x as of October 2025, reinvesting $1.54 Billion (capex $34.98 Million plus investments $-1.50 Billion) from operating cash flow of $448.28 Million. Explore Zscaler Inc capex to cash flow ratio to see what proportion of operating cash flow is directed to capital expenditures.
Reinvestment Rate
Total Reinvested
Operating Cash Flow
Capital Expenditures
Zscaler Inc Cash Flow Reinvestment Rate (2018–2025)
Historical reinvestment intensity for Zscaler Inc across 8 annual periods. Also explore Zscaler Inc asset portfolio for the complete picture of this company's asset base.
Annual Cash Flow Reinvestment Rate for Zscaler Inc (2018–2025)
Year-by-year capital reinvestment analysis for Zscaler Inc. For live market cap and broader valuation context, see ZS stock market capitalisation.
| Year | Reinvestment Rate | Total Reinvested (USD) | Operating CF | Capex | YoY Change |
|---|---|---|---|---|---|
| 2025 | 0.69x | $672.78 Million | $972.45 Million | $245.76 Million | ▼ -38.6% |
| 2024 | 1.13x | $878.08 Million | $779.85 Million | $194.90 Million | ▲ +34.1% |
| 2023 | 0.84x | $388.06 Million | $462.34 Million | $128.72 Million | ▼ -41.8% |
| 2022 | 1.44x | $464.64 Million | $321.91 Million | $90.58 Million | ▲ +321.8% |
| 2021 | 0.34x | $69.14 Million | $202.04 Million | $58.30 Million | ▼ -97.3% |
| 2020 | 12.59x | $998.56 Million | $79.32 Million | $51.81 Million | ▲ +384.9% |
| 2019 | 2.60x | $150.64 Million | $58.03 Million | $30.16 Million | ▼ -74.8% |
| 2018 | 10.29x | $178.10 Million | $17.31 Million | $15.17 Million | — |