Zoom Communications price to free cash flow ZM

Market value divided by free cash flow over the last twelve months, since 2020.

Today, Oct 23, 2026: 14.5×
7-year median: 17.1×
Against its 7-year history: 33rd; percentile: 0 is its lowest day, 100 its highest
7-year range: 10.6× to 440×
Peer median: 17.3×

Zoom Communications' price to free cash flow is 14.5× as of Oct 23, 2026.

That is below its 7-year median of 17.1×, lower than on 67% of days in the last 7 years.

Over that time it ranged from 10.6× in Aug 2024 to 440× in May 2020.

The median for 10 application software stocks of a similar size is 17.3×.

Price to free cash flow over time

Open the interactive chart, with overlays and comparisons

Year by year

Year	End of year	Low	High
2026 so far	14.5×	10.9×	16.7×
2025	13.0×	11.4×	15.4×
2024	14.9×	10.6×	16.3×
2023	16.6×	14.9×	20.1×
2022	16.6×	16.2×	30.8×
2021	33.0×	33.0×	119×
2020	92.8×	92.8×	440×

Against its peers

Companies in Software - Application nearest Zoom Communications' size, closest first, today.

Company	Price to free cash flow
ZMZoom Communications	14.5×
SSNCSS&C Technologies	11.1×
ROPRoper Technologies	16.5×
FICOFair Isaac	17.7×
WDAYWorkday	17.8×
VEEVVeeva Systems	n/m
ADSKAutodesk	18.6×
MSTRStrategy	n/m
TEAMAtlassian	43.7×
HUBSHubSpot	16.9×
PINSPinterest	9.9×
Peer median	17.3×

What the price to free cash flow tells you

Market value divided by free cash flow: the cash left after running the business and paying for equipment. Cash is harder to manage than accounting earnings, so many investors trust this more than PE.

Lumpy: a big year of building factories drops cash flow and inflates the ratio without the business getting worse.

More on Zoom Communications

Valuation data, not investment advice. Prices as of Oct 23, 2026. Reported figures come from the company's filings with the SEC.