F5, Inc. (FFIV) vs Zscaler, Inc. (ZS)
FFIV leads on 9 of 13 compared metrics.
A side-by-side comparison of F5, Inc. and Zscaler, Inc. across valuation, profitability, dividends, and growth — built entirely from reported fundamentals, as of June 15, 2026. The ● marks the stronger figure on each row (cheaper multiple, higher margin/return).
Total return — FFIV vs ZS
growth of $100 · last 8yFFIV +167.4%ZS +292.5%ZS compounded faster
FFIV ZS
FFIV vs ZS: by the numbers
- •FFIV is the larger company ($22.35B vs $20.94B market cap).
- •FFIV is profitable (21.96% net margin) while ZS runs a net loss (-2.44%).
- •ZS grew revenue faster over the past five years (39.45% vs 5.49% CAGR).
Which is better, FFIV or ZS?
Metric tally: FFIV 9 · ZS 4It depends on what you're optimizing for:
GrowthZS(faster 5Y revenue CAGR)
QualityFFIV(higher ROIC)
Metrics side by side
Valuation
| Metric | FFIV | ZS |
|---|---|---|
| P/E ratio | 32.50 | — |
| Forward P/E | 24.03● | 28.16 |
| P/S ratio | 7.04 | 6.56● |
| P/B ratio | 6.22● | 8.80 |
| PEG ratio | 1.13 | — |
| EV / EBITDA | 23.47● | 314.12 |
| FCF yield | 4.24% | 4.61%● |
Profitability
| Metric | FFIV | ZS |
|---|---|---|
| Gross margin | 81.90%● | 76.67% |
| Operating margin | 24.65%● | -4.73% |
| Net margin | 21.96%● | -2.44% |
| ROE | 19.41%● | -3.27% |
| ROIC | 13.85%● | -3.18% |
Growth (annualized)
| Metric | FFIV | ZS |
|---|---|---|
| Revenue CAGR (5Y) | 5.49% | 39.45%● |
| EPS CAGR (5Y) | 18.82% | — |
| FCF CAGR (5Y) | 11.35% | 49.89%● |
| Total return CAGR (5Y) | 15.49%● | -9.02% |
Frequently asked
- Which is better, FFIV or ZS?
- It depends on your goal. growth: ZS (faster 5Y revenue CAGR); quality: FFIV (higher ROIC). Across all compared metrics, FFIV leads 9 to 4.
- Which has grown faster, FFIV or ZS?
- Over the past five years, ZS grew revenue faster — FFIV at a 5.49% CAGR versus ZS at 39.45%.
- Is FFIV or ZS more profitable?
- FFIV runs the higher net margin — FFIV at 21.96% versus ZS at -2.44%.
- Which has been the better investment, FFIV or ZS?
- Over the past 5-year, FFIV delivered the higher annualized total return — FFIV at 12.74% versus ZS at -9.02%. Past performance doesn't predict future results.
Go deeper
Dig into the metrics
F5 P/E ratioZscaler P/E ratioF5 dividend yieldZscaler dividend yieldF5 ROEZscaler ROEF5 operating marginZscaler operating marginF5 revenue growthZscaler revenue growthF5 free cash flowZscaler free cash flow
F5 & Zscaler appear in these rankings
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 15, 2026.