FTNT vs. ZS
Compare and contrast key facts about Fortinet, Inc. (FTNT) and Zscaler, Inc. (ZS).
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: FTNT or ZS.
Correlation
The correlation between FTNT and ZS is 0.50, which is considered to be moderate. This suggests that the two assets have some degree of positive relationship in their price movements. Moderate correlation can be acceptable for portfolio diversification, offering a balance between risk and potential returns.
Performance
FTNT vs. ZS - Performance Comparison
Key characteristics
FTNT:
1.53
ZS:
0.82
FTNT:
2.67
ZS:
1.14
FTNT:
1.37
ZS:
1.16
FTNT:
2.14
ZS:
0.53
FTNT:
9.22
ZS:
3.33
FTNT:
7.18%
ZS:
9.28%
FTNT:
42.06%
ZS:
44.71%
FTNT:
-51.20%
ZS:
-76.41%
FTNT:
-14.69%
ZS:
-36.78%
Fundamentals
FTNT:
$80.13B
ZS:
$35.66B
FTNT:
$2.26
ZS:
-$0.09
FTNT:
3.07
ZS:
3.26
FTNT:
14.03
ZS:
14.88
FTNT:
54.66
ZS:
22.19
FTNT:
$4.60B
ZS:
$1.87B
FTNT:
$3.75B
ZS:
$1.45B
FTNT:
$1.70B
ZS:
$60.97M
Returns By Period
In the year-to-date period, FTNT achieves a 3.45% return, which is significantly lower than ZS's 29.23% return.
FTNT
3.45%
10.88%
16.80%
63.91%
29.10%
28.85%
ZS
29.23%
31.69%
18.52%
36.35%
25.89%
N/A
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Risk-Adjusted Performance
FTNT vs. ZS — Risk-Adjusted Performance Rank
FTNT
ZS
FTNT vs. ZS - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Fortinet, Inc. (FTNT) and Zscaler, Inc. (ZS). Risk-adjusted metrics are performance indicators that assess an investment's returns in relation to its risk, enabling a more accurate comparison of different investment options.
Dividends
FTNT vs. ZS - Dividend Comparison
Neither FTNT nor ZS has paid dividends to shareholders.
Drawdowns
FTNT vs. ZS - Drawdown Comparison
The maximum FTNT drawdown since its inception was -51.20%, smaller than the maximum ZS drawdown of -76.41%. Use the drawdown chart below to compare losses from any high point for FTNT and ZS. For additional features, visit the drawdowns tool.
Volatility
FTNT vs. ZS - Volatility Comparison
Fortinet, Inc. (FTNT) has a higher volatility of 18.20% compared to Zscaler, Inc. (ZS) at 15.26%. This indicates that FTNT's price experiences larger fluctuations and is considered to be riskier than ZS based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Financials
FTNT vs. ZS - Financials Comparison
This section allows you to compare key financial metrics between Fortinet, Inc. and Zscaler, Inc.. You can select fields from income statements, balance sheets, and cash flow statements to easily visualize and compare the financial health of both companies.
Total Revenue: Total amount of money received from sales and other business activities
FTNT vs. ZS - Profitability Comparison
FTNT - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on May 2025, Fortinet, Inc. reported a gross profit of 1.35B and revenue of 1.66B. Therefore, the gross margin over that period was 81.1%.
ZS - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on May 2025, Zscaler, Inc. reported a gross profit of 499.40M and revenue of 647.90M. Therefore, the gross margin over that period was 77.1%.
FTNT - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on May 2025, Fortinet, Inc. reported an operating income of 574.10M and revenue of 1.66B, resulting in an operating margin of 34.6%.
ZS - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on May 2025, Zscaler, Inc. reported an operating income of -40.14M and revenue of 647.90M, resulting in an operating margin of -6.2%.
FTNT - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on May 2025, Fortinet, Inc. reported a net income of 526.20M and revenue of 1.66B, resulting in a net margin of 31.7%.
ZS - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on May 2025, Zscaler, Inc. reported a net income of -7.72M and revenue of 647.90M, resulting in a net margin of -1.2%.