Which has grown faster, FN or ZS?

Over the past five years, ZS grew revenue faster — FN at a 18.99% CAGR versus ZS at 39.45%.

Is FN or ZS more profitable?

FN runs the higher net margin — FN at 9.87% versus ZS at -2.44%.

Which has been the better investment, FN or ZS?

Over the past 5-year, FN delivered the higher annualized total return — FN at 32.51% versus ZS at -9.02%. Past performance doesn't predict future results.

Fabrinet (FN) vs Zscaler, Inc. (ZS)

FN leads on 7 of 13 compared metrics.

A side-by-side comparison of Fabrinet and Zscaler, Inc. across valuation, profitability, dividends, and growth — built entirely from reported fundamentals, as of June 13, 2026. The ● marks the stronger figure on each row (cheaper multiple, higher margin/return).

Total return — FN vs ZS

growth of $100 · last 8y

FN +1729.4%ZS +292.5%FN compounded faster

FN ZS

FN vs ZS: by the numbers

•FN is the larger company ($21.89B vs $20.94B market cap).
•FN is profitable (9.87% net margin) while ZS runs a net loss (-2.44%).
•ZS grew revenue faster over the past five years (39.45% vs 18.99% CAGR).

Which is better, FN or ZS?

Metric tally: FN 7 · ZS 6

It depends on what you're optimizing for:

GrowthZS(faster 5Y revenue CAGR)

QualityFN(higher ROIC)

Valuation

Metric	FN	ZS
P/E ratio	52.49	—
Forward P/E	44.26	28.16●
P/S ratio	5.23●	6.56
P/B ratio	9.60	8.80●
PEG ratio	2.47	—
EV / EBITDA	42.67●	314.12
FCF yield	0.21%	4.91%●

Profitability

Metric	FN	ZS
Gross margin	11.96%	76.67%●
Operating margin	9.78%●	-4.73%
Net margin	9.87%●	-2.44%
ROE	18.14%●	-3.27%
ROIC	15.01%●	-3.18%

Growth (annualized)

Metric	FN	ZS
Revenue CAGR (5Y)	18.99%	39.45%●
EPS CAGR (5Y)	24.62%	—
FCF CAGR (5Y)	-9.50%	51.78%●
Total return CAGR (5Y)	45.36%●	-9.02%

Frequently asked

Which is better, FN or ZS?: It depends on your goal. growth: ZS (faster 5Y revenue CAGR); quality: FN (higher ROIC). Across all compared metrics, FN leads 7 to 6.
Which has grown faster, FN or ZS?: Over the past five years, ZS grew revenue faster — FN at a 18.99% CAGR versus ZS at 39.45%.
Is FN or ZS more profitable?: FN runs the higher net margin — FN at 9.87% versus ZS at -2.44%.
Which has been the better investment, FN or ZS?: Over the past 5-year, FN delivered the higher annualized total return — FN at 32.51% versus ZS at -9.02%. Past performance doesn't predict future results.

Go deeper

Full FN analysis Full ZS analysis Interactive comparison tool

Dig into the metrics

Fabrinet P/E ratio Zscaler P/E ratio Fabrinet dividend yield Zscaler dividend yield Fabrinet ROE Zscaler ROE Fabrinet operating margin Zscaler operating margin Fabrinet revenue growth Zscaler revenue growth Fabrinet free cash flow Zscaler free cash flow

Fabrinet & Zscaler appear in these rankings

Fastest Revenue Growth Stocks Highest FCF Yield Stocks Best 10-Year Total Return Stocks

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 13, 2026.