CTSH vs ZS
Cognizant Technology Solutions Corp. and Zscaler, Inc., side by side — 10 fiscal years reported in USD, drawn from SEC filings.
Most recent reported year
| Metric | CTSH | ZS |
|---|---|---|
| Revenue | $21.1B | $2.7B |
| Net income | $2.2B | $-41.5M |
| Gross margin | 33.7% | 76.9% |
| Net margin | 10.6% | −1.6% |
| Return on equity | 15.2% | −2.7% |
| Diluted EPS | $4.56 | −$0.27 |
| Dividend / share | $1.24 | · |
| Payout ratio | 27.4% | · |
| Free cash flow | $2.6B | $808.2M |
| Equity | $15.0B | $1.8B |
| Net debt / equity | −0.09× | · |
| Current ratio | 2.14× | 2.01× |
| Revenue CAGR 5y | 4.9% | 44.0% |
| Profit CAGR 5y | 9.9% | · |
CTSH bills 7.9× the revenue of ZS, and ZS closed the last reported year at a loss.
The stronger figure of the pair is set in bold. That is arithmetic, not a recommendation — this page does not pick a winner. "·" marks a figure not available in our data.
10 years side by side
| Fiscal year | CTSH | ZS |
|---|---|---|
| FY2025 | $21.1B | $2.7B |
| FY2024 | $19.7B | $2.2B |
| FY2023 | $19.4B | $1.6B |
| FY2022 | $19.4B | $1.1B |
| FY2021 | $18.5B | $673.1M |
| FY2020 | $16.7B | $431.3M |
| FY2019 | $16.8B | $302.8M |
| FY2018 | $16.1B | $190.2M |
| FY2017 | $14.8B | $125.7M |
| FY2016 | $13.5B | $80.3M |
Bottom line
| Fiscal year | CTSH | ZS |
|---|---|---|
| FY2025 | $2.2B | $-41.5M |
| FY2024 | $2.2B | $-57.7M |
| FY2023 | $2.1B | $-202.3M |
| FY2022 | $2.3B | $-390.3M |
| FY2021 | $2.1B | $-262.0M |
| FY2020 | $1.4B | $-115.1M |
| FY2019 | $1.8B | $-28.7M |
| FY2018 | $2.1B | $-33.6M |
| FY2017 | $1.5B | $-35.5M |
| FY2016 | $1.6B | $-27.4M |
10 fiscal years
| Fiscal year | Difference | Ahead |
|---|---|---|
| FY2025 | +$18,434,885,000 | CTSH |
| FY2024 | +$17,568,229,000 | CTSH |
| FY2023 | +$17,736,048,000 | CTSH |
| FY2022 | +$18,337,054,000 | CTSH |
| FY2021 | +$17,833,900,000 | CTSH |
| FY2020 | +$16,220,731,000 | CTSH |
| FY2019 | +$16,480,164,000 | CTSH |
| FY2018 | +$15,934,826,000 | CTSH |
| FY2017 | +$14,684,283,000 | CTSH |
| FY2016 | +$13,406,675,000 | CTSH |
CTSH has reported the higher revenue in every one of these 10 fiscal years. The gap has widened since the earliest year compared.
10 of 19 comparable fiscal years — a year missing data on either side is not counted.
10 fiscal years
| Fiscal year | Difference | Ahead |
|---|---|---|
| FY2025 | +12.1 pp | CTSH |
| FY2024 | +14.0 pp | CTSH |
| FY2023 | +23.5 pp | CTSH |
| FY2022 | +47.6 pp | CTSH |
| FY2021 | +50.5 pp | CTSH |
| FY2020 | +35.1 pp | CTSH |
| FY2019 | +20.4 pp | CTSH |
| FY2018 | +30.7 pp | CTSH |
| FY2017 | +38.4 pp | CTSH |
| FY2016 | +45.7 pp | CTSH |
CTSH has kept the higher net margin in every one of these 10 fiscal years.
10 of 19 comparable fiscal years — a year missing data on either side is not counted.
Standard deviation, each side
ZS's net margin has been more volatile than CTSH's over the 10 comparable fiscal years — 13.1 percentage points of standard deviation against 1.2.
10 of 19 comparable fiscal years — a year missing data on either side is not counted.
Year by year
CTSH led in net margin in every one of the 10 comparable fiscal years — a structural lead, not a recent swing.
10 of 19 comparable fiscal years — a year missing data on either side is not counted.
Standard deviation, each side
ZS's return on equity has been more volatile than CTSH's over the 7 comparable fiscal years — 23.4 percentage points of standard deviation against 1.9.
7 of 19 comparable fiscal years — a year missing data on either side is not counted.
Year by year
CTSH led in return on equity in every one of the 7 comparable fiscal years — a structural lead, not a recent swing.
7 of 19 comparable fiscal years — a year missing data on either side is not counted.