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NBIS vs. ZM: Nebius vs. Zoom Communications Stock Comparison

How do Nebius (NBIS) and Zoom Communications (ZM) stack up? This page sets them side by side across company profile, performance and risk, profitability, growth, financial strength, dividends, and valuation, with selected fundamentals also measured against each stock's industry-group peers.

Company Profile

Nebius (NBIS) and Zoom Communications (ZM) both belong to the Software industry, though NBIS is classified under Systems Software while ZM falls under Application Software.

Zoom Communications (ZM) has been public since April 18, 2019, giving it a longer listed trading history, while Nebius (NBIS) listed on October 21, 2024 and still has a shorter public-market record.

Company profile comparison for Nebius (NBIS) and Zoom Communications (ZM)
Profile ItemNBISZM
NameNebius Group N.V. Class A Ordinary SharesZoom Communications, Inc. Class A Common Stock
Country/RegionNetherlandsUnited States
GICS SectorInformation TechnologyInformation Technology
GICS Industry GroupSoftware & ServicesSoftware & Services
GICS IndustrySoftwareSoftware
GICS Sub-IndustrySystems SoftwareApplication Software
Market Capitalization35.20 billion USD26.23 billion USD
CurrencyUSDUSD
ExchangeNasdaqNasdaq
Listing DateOctober 21, 2024April 18, 2019
Security TypeCommon StockCommon Stock

Price Performance

Cumulative Growth

NBIS
ZM
GSPC
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Nebius (NBIS) vs. Zoom Communications (ZM), with S&P 500 (GSPC) for reference: Growth of a $10,000 investment over the past five years. Adjusted for dividends and splits.

Trailing Returns

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Trailing total returns for Nebius (NBIS) and Zoom Communications (ZM). Returns over one year are annualized.

Calendar-Year Returns

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Calendar-year total returns for Nebius (NBIS) and Zoom Communications (ZM). Each bar is that year's total return, measured year-end to year-end.

Performance Metrics

Price performance metrics for Nebius (NBIS) and Zoom Communications (ZM)
MetricNBISZM
Total Return (1Y)25.86%12.58%
Total Return (3Y, Annualized)--14.89%
Total Return (5Y, Annualized)---18.67%

Risk Profile

Drawdown History

NBIS
ZM
GSPC
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Nebius (NBIS) vs. Zoom Communications (ZM), with S&P 500 (GSPC) for reference: Drawdown from the running peak over the past five years. Each line shows the decline from its prior peak; 0% marks a new high.

Return Distribution

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Distribution of monthly total returns for Nebius (NBIS) and Zoom Communications (ZM). Each bar is the share of months whose return fell in that 5% bucket.

Risk Metrics

Nebius (NBIS) carries a highly aggressive beta of 4.66, indicating much higher sensitivity to broad-market moves, whereas Zoom Communications (ZM) is closer to market-like at 0.99 — a noticeable difference in market-sensitivity profile.

Risk profile metrics for Nebius (NBIS) and Zoom Communications (ZM)
MetricNBISZM
Volatility (1Y, Annualized)111.62%45.03%
Beta (5Y)4.660.99
Max Drawdown (5Y)-58.27%-79.08%
Avg. Volume (3M)20.58M2.88M

Risk-Adjusted Performance

Risk-Return Positioning

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NBIS and ZM are plotted by 1-year volatility (risk) and 1-year return. The dashed Capital Allocation Line runs from the risk-free rate through the shared industry median.

Risk-Adjusted Metrics

Risk-adjusted metrics for Nebius (NBIS) and Zoom Communications (ZM)
MetricNBISZM
Sharpe Ratio (1Y)0.190.18
Sortino Ratio (1Y)0.310.28

Profitability

ROE (TTM)

Zoom Communications (ZM) at 32.14% sits in the top ROE quartile, while Nebius (NBIS) at 0.60% is closer to the peer norm — stronger capital efficiency for ZM.

NBIS

Software & Services industry group

0.60%

Max
53.85%
Q3
17.90%
Median
6.59%
NBIS
0.60%
Q1
-9.59%
Min
-50.52%

ZM

Software & Services industry group

32.14%

Max
53.85%
ZM
32.14%
Q3
17.90%
Median
6.59%
Q1
-9.59%
Min
-50.52%
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Nebius (NBIS) vs. Zoom Communications (ZM): A comparison of their ROE against the Software & Services industry group benchmark.

Net Margin (TTM)

Zoom Communications (ZM) at 65.19% converts revenue to bottom-line profit above its industry’s benchmark range, while Nebius (NBIS) at 3.13% keeps roughly the typical share for its industry.

NBIS

Software & Services industry group

3.13%

Max
41.17%
Q3
15.28%
Median
4.63%
NBIS
3.13%
Q1
-5.42%
Min
-33.17%

ZM

Software & Services industry group

65.19%

ZM
65.19%
Max
41.17%
Q3
15.28%
Median
4.63%
Q1
-5.42%
Min
-33.17%
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Nebius (NBIS) vs. Zoom Communications (ZM): A comparison of their net margin against the Software & Services industry group benchmark.

Operating Margin (TTM)

Nebius (NBIS) reports a negative operating margin of -0.22%, usually indicating that operating costs exceeded revenue at the operating-income line. Meanwhile Zoom Communications (ZM) reports 24.61%, ranking against industry peers normally.

NBIS

Software & Services industry group

-0.22%

Max
46.89%
Q3
17.64%
Median
8.73%
NBIS
-0.22%
Q1
-2.13%
Min
-30.45%

ZM

Software & Services industry group

24.61%

Max
46.89%
ZM
24.61%
Q3
17.64%
Median
8.73%
Q1
-2.13%
Min
-30.45%
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Nebius (NBIS) vs. Zoom Communications (ZM): A comparison of their operating margin against the Software & Services industry group benchmark.

Profitability Metrics

Profitability metrics for Nebius (NBIS) and Zoom Communications (ZM)
MetricNBISZM
ROE (TTM)0.60%32.14%
ROA (TTM)-1.92%6.11%
Net Margin (TTM)3.13%65.19%
Operating Margin (TTM)-0.22%24.61%
Gross Margin (TTM)74.26%77.66%

Growth

Revenue Growth

Nebius (NBIS) at 479.02% delivers above-range revenue growth, while Zoom Communications (ZM) at 4.36% falls into the bottom quartile — a wide split in revenue momentum.

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Nebius (NBIS) vs. Zoom Communications (ZM): A comparison of their Revenue Growth across different time periods.

EPS Growth

Only one side can be read here: Zoom Communications (ZM) reports EPS growth of 92.52%, ranked against its industry; Nebius (NBIS) has no EPS growth figure this period.

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Nebius (NBIS) vs. Zoom Communications (ZM): A comparison of their EPS Growth across different time periods.

Growth Metrics

Growth metrics for Nebius (NBIS) and Zoom Communications (ZM)
MetricNBISZM
Revenue Growth (YoY)479.02%4.36%
Revenue Growth (3Y CAGR)239.83%3.49%
EPS Growth (YoY)--92.52%
EPS Growth (3Y CAGR)-28.68%162.93%

Financial Strength

Current Ratio (MRQ)

Both Nebius (NBIS) at 4.03 and Zoom Communications (ZM) at 3.83 post current ratio above their industries’ typical mid-ranges — short-term liquidity appears comfortable, though unusually high readings can point to idle current assets.

NBIS

Software & Services industry group

4.03

Max
5.11
NBIS
4.03
Q3
2.77
Median
1.67
Q1
1.01
Min
0.03

ZM

Software & Services industry group

3.83

Max
5.11
ZM
3.83
Q3
2.77
Median
1.67
Q1
1.01
Min
0.03
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Nebius (NBIS) vs. Zoom Communications (ZM): A comparison of their current ratio against the Software & Services industry group benchmark.

Debt / Equity (MRQ)

Zoom Communications (ZM) at 0.01 keeps leverage in the lower industry quartile, while Nebius (NBIS) at 0.99 runs a more typical debt-to-equity mix.

NBIS

Software & Services industry group

0.99

Max
2.52
Q3
1.13
NBIS
0.99
Median
0.40
Q1
0.07
Min
0.00

ZM

Software & Services industry group

0.01

Max
2.52
Q3
1.13
Median
0.40
Q1
0.07
ZM
0.01
Min
0.00
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Nebius (NBIS) vs. Zoom Communications (ZM): A comparison of their debt-to-equity ratio against the Software & Services industry group benchmark.

Financial Strength Metrics

Financial strength metrics for Nebius (NBIS) and Zoom Communications (ZM)
MetricNBISZM
Current Ratio (MRQ)4.033.83
Debt / Equity (MRQ)0.990.01
Net Debt / EBITDA8.35-5.39

Dividends

Dividend Yield (TTM)

Neither Nebius (NBIS) nor Zoom Communications (ZM) pays a dividend this period — they may reinvest, use buybacks, or simply not return cash through dividends.

NBIS

Software & Services industry group

0.00%

NBIS
0.00%
Max
0.00%
Q3
0.00%
Median
0.00%
Q1
0.00%
Min
0.00%

ZM

Software & Services industry group

0.00%

ZM
0.00%
Max
0.00%
Q3
0.00%
Median
0.00%
Q1
0.00%
Min
0.00%
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Nebius (NBIS) vs. Zoom Communications (ZM): A comparison of their dividend yield against the Software & Services industry group benchmark.

Dividend Payout Ratio (TTM)

Neither Nebius (NBIS) nor Zoom Communications (ZM) pays a dividend this period — they may reinvest, use buybacks, or simply not return cash through dividends.

NBIS

Software & Services industry group

0.00%

NBIS
0.00%
Max
0.00%
Q3
0.00%
Median
0.00%
Q1
0.00%
Min
0.00%

ZM

Software & Services industry group

0.00%

ZM
0.00%
Max
0.00%
Q3
0.00%
Median
0.00%
Q1
0.00%
Min
0.00%
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Nebius (NBIS) vs. Zoom Communications (ZM): A comparison of their payout ratio against the Software & Services industry group benchmark.

Dividend Metrics

Dividend metrics for Nebius (NBIS) and Zoom Communications (ZM)
MetricNBISZM
Dividend Yield (TTM)0.00%0.00%
Dividend Payout Ratio (TTM)0.00%0.00%

Valuation

P/E Ratio (TTM)

Zoom Communications (ZM) at 8.34 sits in the cheaper P/E ratio quartile, while Nebius (NBIS) at 101.16 sits in the richer quartile — a clear split in what investors pay for each dollar of trailing earnings.

NBIS

Software & Services industry group

101.16

Max
112.94
NBIS
101.16
Q3
60.32
Median
32.91
Q1
18.77
Min
6.69

ZM

Software & Services industry group

8.34

Max
112.94
Q3
60.32
Median
32.91
Q1
18.77
ZM
8.34
Min
6.69
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Nebius (NBIS) vs. Zoom Communications (ZM): A comparison of their P/E ratio against the Software & Services industry group benchmark.

P/S Ratio (TTM)

Zoom Communications (ZM) at 5.25 prices around its industry’s typical P/S ratio, while Nebius (NBIS) at 25.98 clears its benchmark range — NBIS looks notably rich on sales.

NBIS

Software & Services industry group

25.98

NBIS
25.98
Max
17.91
Q3
8.78
Median
4.25
Q1
2.23
Min
0.02

ZM

Software & Services industry group

5.25

Max
17.91
Q3
8.78
ZM
5.25
Median
4.25
Q1
2.23
Min
0.02
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Nebius (NBIS) vs. Zoom Communications (ZM): A comparison of their P/S ratio against the Software & Services industry group benchmark.

P/B Ratio (MRQ)

On P/B ratio, both Nebius (NBIS) at 3.43 and Zoom Communications (ZM) at 2.32 are valued close to their industries’ norm against book — neither stands out from peers.

NBIS

Software & Services industry group

3.43

Max
16.63
Q3
8.50
Median
4.30
NBIS
3.43
Q1
1.92
Min
-3.90

ZM

Software & Services industry group

2.32

Max
16.63
Q3
8.50
Median
4.30
ZM
2.32
Q1
1.92
Min
-3.90
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Nebius (NBIS) vs. Zoom Communications (ZM): A comparison of their P/B ratio against the Software & Services industry group benchmark.

Valuation Metrics

Valuation metrics for Nebius (NBIS) and Zoom Communications (ZM)
MetricNBISZM
P/E Ratio (TTM)101.168.34
P/S Ratio (TTM)25.985.25
P/B Ratio (MRQ)3.432.32
Free Cash Flow Yield (TTM)-27.31%7.53%