HP Inc. (HPQ) vs Zscaler, Inc. (ZS)

HPQ leads on 8 of 12 compared metrics.

A side-by-side comparison of HP Inc. 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).

Total return — HPQ vs ZS

growth of $100 · last 8y
HPQ +7.5%ZS +292.5%ZS compounded faster
05001kStart $1002020202220242026$107$392
HPQ ZS

HPQ vs ZS: by the numbers

  • HPQ is the larger company ($23.08B vs $20.94B market cap).
  • HPQ is profitable (4.45% net margin) while ZS runs a net loss (-2.44%).
  • ZS grew revenue faster over the past five years (39.45% vs -1.23% CAGR).
  • HPQ pays a dividend (4.71% yield) while ZS does not currently pay one.

Which is better, HPQ or ZS?

Metric tally: HPQ 8 · ZS 4

It depends on what you're optimizing for:

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

Valuation

MetricHPQZS
P/E ratio9.31
Forward P/E8.3528.16
P/S ratio0.416.56
P/B ratio8.80
PEG ratio1.59
EV / EBITDA7.48314.12
FCF yield16.18%4.61%

Profitability

MetricHPQZS
Gross margin20.21%76.67%
Operating margin5.51%-4.73%
Net margin4.45%-2.44%
ROE-730.92%-3.27%
ROIC24.97%-3.18%

Dividends

MetricHPQZS
Dividend yield4.71%
Payout ratio44.55%

Growth (annualized)

MetricHPQZS
Revenue CAGR (5Y)-1.23%39.45%
EPS CAGR (5Y)5.84%
FCF CAGR (5Y)-7.31%49.89%
Total return CAGR (5Y)0.21%-9.02%

Frequently asked

Which is better, HPQ or ZS?
It depends on your goal. growth: ZS (faster 5Y revenue CAGR); quality: HPQ (higher ROIC). Across all compared metrics, HPQ leads 8 to 4.
Which has grown faster, HPQ or ZS?
Over the past five years, ZS grew revenue faster — HPQ at a -1.23% CAGR versus ZS at 39.45%.
Does HPQ or ZS pay a bigger dividend?
HPQ pays a dividend (4.71% yield) while ZS does not currently pay one.
Is HPQ or ZS more profitable?
HPQ runs the higher net margin — HPQ at 4.45% versus ZS at -2.44%.
Which has been the better investment, HPQ or ZS?
Over the past 5-year, HPQ delivered the higher annualized total return — HPQ at 10.22% 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.