Zscaler [ZS] vs Fortinet [FTNT] Detailed Stock Comparison

TLDR: Quick Comparison Summary

Based on 19 vital metrics comparison: Zscaler wins in 6 metrics, Fortinet wins in 12 metrics, with 0 ties. Fortinet appears stronger overall.

View Metrics Details

Vital Metrics Comparison

MetricZscalerFortinetBetter
P/E Ratio (TTM)-691.5331.67Zscaler
Price-to-Book Ratio23.2629.54Zscaler
Debt-to-Equity Ratio68.1052.84Fortinet
PEG Ratio75.762.26Fortinet
EV/EBITDA-550.2327.66Zscaler
Profit Margin (TTM)-1.52%30.60%Fortinet
Operating Margin (TTM)-3.75%28.02%Fortinet
EBITDA Margin (TTM)N/A28.02%N/A
Return on Equity-2.68%165.17%Fortinet
Return on Assets (TTM)-1.61%13.02%Fortinet
Free Cash Flow (TTM)$584.95M$1.88BFortinet
1-Year Return74.89%7.84%Zscaler
Price-to-Sales Ratio (TTM)16.499.61Fortinet
Enterprise Value$40.21B$57.70BFortinet
EV/Revenue Ratio15.799.11Fortinet
Gross Profit Margin (TTM)77.00%80.68%Fortinet
Revenue per Share (TTM)$17$8Zscaler
Earnings per Share (Diluted)$-0.27$2.51Fortinet
Beta (Stock Volatility)1.061.13Zscaler
Performance
News Sentiment
Key Stats
Valuation
Financials
Short Interest
Dividends

Zscaler vs Fortinet Stock Performance Analysis

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Performance Comparison

Short-term Returns

Stock1D1W1M3M6MYTD
Zscaler0.52%-1.03%-2.75%-8.87%39.58%50.94%
Fortinet1.77%5.82%8.48%-20.71%-17.69%-14.63%

Long-term Returns

Stock1Y3Y5Y10Y15Y20Y
Zscaler74.89%45.85%113.39%730.91%730.91%730.91%
Fortinet7.84%60.43%244.80%802.79%3,135.60%4,686.39%

News Based Sentiment: Zscaler vs Fortinet

Zscaler

News sentiment data is not available for Zscaler at this time.

Fortinet

News based Sentiment: MIXED

September presented a mixed bag for Fortinet, with negative analyst sentiment and legal investigations offset by positive developments in enterprise deals and technological innovation. The conflicting signals create a high level of uncertainty for investors, making this a significant month for the company's trajectory.

View Fortinet News Sentiment Analysis

Performance & Financial Health Analysis: Zscaler vs Fortinet

MetricZSFTNT
Market Information
Market Cap i$41.99B$61.18B
Market Cap CategoryLarge capLarge cap
10 Day Avg. Volume i1,834,4305,522,014
90 Day Avg. Volume i1,882,4639,565,888
Last Close$301.43$80.89
52 Week Range$153.45 - $306.77$70.12 - $114.82
% from 52W High-1.74%-29.55%
All-Time High$376.11 (Nov 15, 2021)$114.82 (Feb 17, 2025)
% from All-Time High-19.86%-29.55%
Growth Metrics
Quarterly Revenue Growth0.23%0.14%
Quarterly Earnings Growth0.23%0.16%
Financial Health
Profit Margin (TTM) i-0.02%0.31%
Operating Margin (TTM) i-0.04%0.28%
Return on Equity (TTM) i-0.03%1.65%
Debt to Equity (MRQ) i68.1052.84
Cash & Liquidity
Book Value per Share (MRQ)$11.59$2.69
Cash per Share (MRQ)$19.30$5.96
Operating Cash Flow (TTM) i$925.41M$2.40B
Levered Free Cash Flow (TTM) i$733.93M$1.90B
Dividends
Last 12-Month Dividend Yield iN/AN/A
Last 12-Month Dividend iN/AN/A

Valuation & Enterprise Metrics Analysis: Zscaler vs Fortinet

MetricZSFTNT
Price Ratios
P/E Ratio (TTM) i-691.5331.67
Forward P/E i75.7632.99
PEG Ratio i75.762.26
Price to Sales (TTM) i16.499.61
Price to Book (MRQ) i23.2629.54
Market Capitalization
Market Capitalization i$41.99B$61.18B
Enterprise Value i$40.21B$57.70B
Enterprise Value Metrics
Enterprise to Revenue i15.799.11
Enterprise to EBITDA i-550.2327.66
Risk & Other Metrics
Beta i1.061.13
Book Value per Share (MRQ) i$11.59$2.69

Financial Statements Comparison: Zscaler vs Fortinet

Financial Metrics

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Revenue

EBITDA

Shareholders Equity

Operating Margin

Free Cash Flow

Long Term Debt

Profit Margin

Current Ratio

Operating Cash Flow

Income Statement (MRQ)

Metric (MRQ)ZSFTNT
Revenue/Sales i$678.03M$1.54B
Cost of Goods Sold i$155.98M$293.10M
Gross Profit i$522.06M$1.25B
Research & Development i$169.77M$198.60M
Operating Income (EBIT) i$-25.41M$453.80M
EBITDA i$38.97M$560.00M
Pre-Tax Income i$4.56M$519.30M
Income Tax i$8.69M$96.50M
Net Income (Profit) i$-4.13M$433.40M

Balance Sheet & Liquidity Metrics (MRQ)

Metric (MRQ)ZSFTNT
Cash & Equivalents i$1.99B$3.60B
Total Current Assets i$3.92B$6.44B
Total Current Liabilities i$3.17B$4.73B
Long-Term Debt i$32.70M$496.20M
Total Shareholders Equity i$1.80B$1.96B
Retained Earnings i$-1.17B$316.30M
Property, Plant & Equipment i$592.97M$31.90M

Cash Flow Statement Comparison (MRQ)

Metric (MRQ)ZSFTNT
Operating Cash Flow i$193.94M$814.70M
Capital Expenditures i$-72.16M$-66.50M
Free Cash Flow i$119.46M$796.80M
Debt Repayment iN/AN/A
Common Stock Repurchase iN/AN/A

Short Interest & Institutional Ownership Analysis

MetricZSFTNT
Shares Short i6.18M18.09M
Short Ratio i2.642.21
Short % of Float i0.06%0.03%
Average Daily Volume (10 Day) i1,834,4305,522,014
Average Daily Volume (90 Day) i1,882,4639,565,888
Shares Outstanding i152.49M767.00M
Float Shares i98.91M649.07M
% Held by Insiders i0.37%0.17%
% Held by Institutions i0.58%0.72%

Dividend Analysis & Yield Comparison: Zscaler vs Fortinet

MetricZSFTNT
Last 12-Month Dividend iN/AN/A
Last 12-Month Dividend Yield iN/AN/A
3-Year Avg Annual Dividend iN/AN/A
3-Year Avg Dividend Yield iN/AN/A
3-Year Total Dividends iN/AN/A
Ex-Dividend DateN/AN/A