Cognizant Technology Solutions Corporation (CTSH) vs Zscaler, Inc. (ZS)

CTSH leads on 10 of 13 compared metrics.

A side-by-side comparison of Cognizant Technology Solutions Corporation and Zscaler, Inc. across valuation, profitability, dividends, and growth — built entirely from reported fundamentals, as of June 14, 2026. The ● marks the stronger figure on each row (cheaper multiple, higher margin/return).

Compare

Total return — CTSH vs ZS

growth of $100 · last 8y
CTSH -38.5%ZS +292.5%ZS compounded faster
Log scale — wide-divergence pair
101001k10kStart $1002020202220242026$61$392
CTSH ZS

CTSH vs ZS: by the numbers

  • CTSH is the larger company ($24.72B vs $20.94B market cap).
  • CTSH is profitable (10.41% net margin) while ZS runs a net loss (-2.44%).
  • ZS grew revenue faster over the past five years (39.45% vs 4.93% CAGR).
  • CTSH pays a dividend (2.45% yield) while ZS does not currently pay one.

Which is better, CTSH or ZS?

Metric tally: CTSH 10 · ZS 3

It depends on what you're optimizing for:

GrowthZS(faster 5Y revenue CAGR)
QualityCTSH(higher ROIC)

Metrics side by side

Valuation

MetricCTSHZS
P/E ratio11.34
Forward P/E9.1328.16
P/S ratio1.166.56
P/B ratio1.658.80
PEG ratio20.23
EV / EBITDA6.02314.12
FCF yield9.93%4.61%

Profitability

MetricCTSHZS
Gross margin32.06%76.67%
Operating margin15.66%-4.73%
Net margin10.41%-2.44%
ROE14.79%-3.27%
ROIC12.31%-3.18%

Dividends

MetricCTSHZS
Dividend yield2.45%
Payout ratio28.07%

Growth (annualized)

MetricCTSHZS
Revenue CAGR (5Y)4.93%39.45%
EPS CAGR (5Y)12.07%
FCF CAGR (5Y)-1.09%49.89%
Total return CAGR (5Y)-4.48%-9.02%

Frequently asked

Which is better, CTSH or ZS?
It depends on your goal. growth: ZS (faster 5Y revenue CAGR); quality: CTSH (higher ROIC). Across all compared metrics, CTSH leads 10 to 3.
Which has grown faster, CTSH or ZS?
Over the past five years, ZS grew revenue faster — CTSH at a 4.93% CAGR versus ZS at 39.45%.
Does CTSH or ZS pay a bigger dividend?
CTSH pays a dividend (2.45% yield) while ZS does not currently pay one.
Is CTSH or ZS more profitable?
CTSH runs the higher net margin — CTSH at 10.41% versus ZS at -2.44%.
Which has been the better investment, CTSH or ZS?
Over the past 5-year, CTSH delivered the higher annualized total return — CTSH at -0.12% versus ZS at -9.02%. Past performance doesn't predict future results.

Figures are sourced from reported fundamentals and the latest end-of-day price. This comparison is informational only and is not investment advice. Past performance does not predict future results. See our methodology. Compiled by TGMCharts Research · data verified June 14, 2026.