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ZOZO stock: key metrics
3092.TZOZO had an operating margin of 30.4% and a return on invested capital (ROIC) of 114.8% in fiscal 2026.
Margins show how much of revenue is left over, returns on capital how hard the invested money works.
Daily figure as of 13 Nov 2026
Margins
- Gross margin
- Operating margin
- Net margin
Figures as a table
| Year | Gross margin | Operating margin | Net margin |
|---|---|---|---|
| 2007 | 54.8% | 13.6% | 7.6% |
| 2008 | 59.6% | 20.5% | 12.1% |
| 2009 | 60.6% | 20.6% | 11.9% |
| 2010 | 60.4% | 18.9% | 10.8% |
| 2011 | 68.6% | 24.6% | 13.0% |
| 2012 | 76.3% | 24.2% | 14.6% |
| 2013 | 80.4% | 24.4% | 15.3% |
| 2014 | 86.7% | 32.1% | 20.2% |
| 2015 | 94.2% | 36.6% | 21.9% |
| 2016 | 92.0% | 32.6% | 22.0% |
| 2017 | 90.6% | 34.4% | 22.3% |
| 2018 | 91.9% | 33.2% | 20.5% |
| 2019 | 88.6% | 21.7% | 13.5% |
| 2020 | 90.6% | 22.2% | 15.0% |
| 2021 | 95.0% | 30.0% | 21.0% |
| 2022 | 94.0% | 29.9% | 20.8% |
| 2023 | 93.4% | 30.8% | 21.5% |
| 2024 | 93.0% | 30.5% | 22.5% |
| 2025 | 93.0% | 30.4% | 21.3% |
| 2026 | 89.9% | 30.4% | 21.0% |
Returns on capital
- ROE
- ROIC
- ROA
Figures as a table
| Year | ROE | ROIC | ROA |
|---|---|---|---|
| 2007 | 27.6% | 23.1% | 12.4% |
| 2008 | 24.2% | 32.2% | 15.7% |
| 2009 | 23.8% | 25.4% | 15.7% |
| 2010 | 27.0% | 29.1% | 15.1% |
| 2011 | 32.5% | 39.0% | 19.1% |
| 2012 | 34.6% | 36.3% | 20.0% |
| 2013 | 43.2% | 37.5% | 22.5% |
| 2014 | 41.5% | 46.3% | 23.5% |
| 2015 | 34.9% | 38.5% | 21.8% |
| 2016 | 68.6% | 290.2% | 34.3% |
| 2017 | 57.9% | 252.3% | 30.6% |
| 2018 | 49.4% | 192.8% | 28.5% |
| 2019 | 70.6% | 92.7% | 20.2% |
| 2020 | 54.5% | 87.3% | 20.0% |
| 2021 | 55.8% | 170.1% | 24.6% |
| 2022 | 62.8% | 43.1% | 27.1% |
| 2023 | 51.6% | 240.3% | 25.4% |
| 2024 | 52.3% | 152.4% | 27.2% |
| 2025 | 45.9% | 145.8% | 24.1% |
| 2026 | 44.9% | 114.8% | 24.2% |
Data status and sources
- Score
- Daily value of 13 Nov 2026, recalculated nightly
- Price
- Closing price of 13 Nov 2026
- Latest annual report
- Fiscal year 2026, period end 31 Mar 2026
- Currency
- Amounts in US dollars, converted at the ECB reference rate of 12 Nov 2026 ($1 = ¥159.70)
- Source
- Financial statements, ratios and prices from Financial Modeling Prep (FMP), based on the company's reports. MEQIRI calculates the score and fair value from them.
Mandatory disclosures for this rating
- ; time horizon around 12 months
- Rated Strong, published since 7 Nov 2026 (in the score history since 30 Jun 2020)
- Valuation signal Fairly valued since 7 Nov 2026
- End-of-day prices, metrics cached for up to 24 hours
- Score and fair value are estimates from a disclosed model. They are not facts and not a price target.
- Produced by SSM Ventures UG (haftungsbeschränkt), responsible person Sven Brostmeyer, Managing Director, automatically according to the disclosed model.
- Not investment advice. Losses up to and including a total loss are possible. Personal circumstances are not considered.