NTNX vs. ZS: A Head-to-Head Stock Comparison

Updated on August 24, 2025

Here’s a clear look at NTNX and ZS, comparing key factors like historical performance, profitability, financial strength, growth, dividend, and valuation.

Company Profile

Symbol	NTNX	ZS
Company Name	Nutanix, Inc.	Zscaler, Inc.
Country	United States	United States
GICS Sector	Information Technology	Information Technology
GICS Industry	Software	Software
Market Capitalization	18.67 billion USD	42.63 billion USD
Exchange	NasdaqGS	NasdaqGS
Listing Date	September 30, 2016	March 16, 2018
Security Type	Common Stock	Common Stock

Historical Performance

This chart compares the performance of NTNX and ZS by tracking the growth of an initial $10,000 investment in each. Use the tabs to select the desired time period. Data is adjusted for dividends and splits.

NTNX vs. ZS: Growth of a $10,000 investment over the past one year.

Historical Performance at a Glance

Symbol	NTNX	ZS
5-Day Price Return	1.49%	1.04%
13-Week Price Return	-16.18%	8.41%
26-Week Price Return	-1.67%	27.45%
52-Week Price Return	33.88%	40.05%
Month-to-Date Return	-7.37%	-4.12%
Year-to-Date Return	13.81%	51.77%
10-Day Avg. Volume	2.62M	1.36M
3-Month Avg. Volume	2.50M	2.22M
3-Month Volatility	27.30%	33.64%
Beta	0.51	1.07

Profitability

Return on Equity (TTM)

NTNX

-321.34%

Software Industry

Max: 59.01%
Q3: 21.98%
Median: 7.15%
Q1: -11.12%
Min: -51.24%

NTNX has a negative Return on Equity of -321.34%. This indicates the company is generating a loss for its shareholders, which can be a result of unprofitability or negative shareholder equity and is often a sign of financial distress.

ZS

-2.54%

Software Industry

Max: 59.01%
Q3: 21.98%
Median: 7.15%
Q1: -11.12%
Min: -51.24%

ZS has a negative Return on Equity of -2.54%. This indicates the company is generating a loss for its shareholders, which can be a result of unprofitability or negative shareholder equity and is often a sign of financial distress.

NTNX vs. ZS: A comparison of their Return on Equity (TTM) against the Software industry benchmark.

Net Profit Margin (TTM)

NTNX

0.97%

Software Industry

Max: 48.14%
Q3: 18.23%
Median: 5.60%
Q1: -9.22%
Min: -49.36%

NTNX’s Net Profit Margin of 0.97% is aligned with the median group of its peers in the Software industry. This indicates its ability to convert revenue into profit is typical for the sector.

ZS

-1.52%

Software Industry

Max: 48.14%
Q3: 18.23%
Median: 5.60%
Q1: -9.22%
Min: -49.36%

ZS has a negative Net Profit Margin of -1.52%, indicating the company is operating at a net loss as its expenses exceeded its revenues.

NTNX vs. ZS: A comparison of their Net Profit Margin (TTM) against the Software industry benchmark.

Operating Profit Margin (TTM)

NTNX

5.31%

Software Industry

Max: 57.34%
Q3: 20.60%
Median: 7.84%
Q1: -8.72%
Min: -51.37%

NTNX’s Operating Profit Margin of 5.31% is around the midpoint for the Software industry, indicating that its efficiency in managing core business operations is typical for the sector.

ZS

-4.84%

Software Industry

Max: 57.34%
Q3: 20.60%
Median: 7.84%
Q1: -8.72%
Min: -51.37%

ZS has a negative Operating Profit Margin of -4.84%. This signifies the company is unprofitable at the operational level, as its core business expenses exceed its revenue.

NTNX vs. ZS: A comparison of their Operating Profit Margin (TTM) against the Software industry benchmark.

Profitability at a Glance

Symbol	NTNX	ZS
Return on Equity (TTM)	-321.34%	-2.54%
Return on Assets (TTM)	0.91%	-0.78%
Net Profit Margin (TTM)	0.97%	-1.52%
Operating Profit Margin (TTM)	5.31%	-4.84%
Gross Profit Margin (TTM)	86.36%	77.38%

Financial Strength

Current Ratio (MRQ)

NTNX

1.88

Software Industry

Max: 3.83
Q3: 2.31
Median: 1.45
Q1: 1.03
Min: 0.24

NTNX’s Current Ratio of 1.88 aligns with the median group of the Software industry, indicating that its short-term liquidity is in line with its sector peers.

ZS

1.24

Software Industry

Max: 3.83
Q3: 2.31
Median: 1.45
Q1: 1.03
Min: 0.24

ZS’s Current Ratio of 1.24 aligns with the median group of the Software industry, indicating that its short-term liquidity is in line with its sector peers.

NTNX vs. ZS: A comparison of their Current Ratio (MRQ) against the Software industry benchmark.

Debt-to-Equity Ratio (MRQ)

NTNX

7.35

Software Industry

Max: 2.14
Q3: 0.90
Median: 0.29
Q1: 0.00
Min: 0.00

With a Debt-to-Equity Ratio of 7.35, NTNX operates with exceptionally high leverage compared to the Software industry norm. This suggests an aggressive reliance on debt financing, which can magnify returns but also significantly elevates financial risk.

ZS

0.64

Software Industry

Max: 2.14
Q3: 0.90
Median: 0.29
Q1: 0.00
Min: 0.00

ZS’s Debt-to-Equity Ratio of 0.64 is typical for the Software industry, indicating its use of leverage is in line with the sector norm. This suggests a balanced approach to its capital structure.

NTNX vs. ZS: A comparison of their Debt-to-Equity Ratio (MRQ) against the Software industry benchmark.

Interest Coverage Ratio (TTM)

NTNX

-0.00

Software Industry

Max: 67.02
Q3: 19.86
Median: 0.70
Q1: -12.50
Min: -53.00

NTNX has a negative Interest Coverage Ratio of -0.00. This indicates that its earnings were insufficient to cover even its operational costs, let alone its interest payments, signaling significant financial distress.

ZS

-6.38

Software Industry

Max: 67.02
Q3: 19.86
Median: 0.70
Q1: -12.50
Min: -53.00

ZS has a negative Interest Coverage Ratio of -6.38. This indicates that its earnings were insufficient to cover even its operational costs, let alone its interest payments, signaling significant financial distress.

NTNX vs. ZS: A comparison of their Interest Coverage Ratio (TTM) against the Software industry benchmark.

Financial Strength at a Glance

Symbol	NTNX	ZS
Current Ratio (MRQ)	1.88	1.24
Quick Ratio (MRQ)	1.83	1.20
Debt-to-Equity Ratio (MRQ)	7.35	0.64
Interest Coverage Ratio (TTM)	-0.00	-6.38

Growth

Revenue Growth

NTNX vs. ZS: A side-by-side comparison of their Revenue Growth for the MRQ (YoY), TTM (YoY), 3-Year CAGR, and 5-Year CAGR periods.

EPS Growth

NTNX vs. ZS: A side-by-side comparison of their EPS Growth for the MRQ (YoY), TTM (YoY), 3-Year CAGR, and 5-Year CAGR periods.

Dividend

Dividend Yield (TTM)

NTNX

0.00%

Software Industry

Max: 0.08%
Q3: 0.03%
Median: 0.00%
Q1: 0.00%
Min: 0.00%

NTNX currently does not pay a dividend, resulting in a yield of 0%. This is a common strategy for growth-focused companies that prioritize reinvesting earnings, though it may be less typical in mature, income-oriented sectors.

ZS

0.00%

Software Industry

Max: 0.08%
Q3: 0.03%
Median: 0.00%
Q1: 0.00%
Min: 0.00%

ZS currently does not pay a dividend, resulting in a yield of 0%. This is a common strategy for growth-focused companies that prioritize reinvesting earnings, though it may be less typical in mature, income-oriented sectors.

NTNX vs. ZS: A comparison of their Dividend Yield (TTM) against the Software industry benchmark.

Dividend Payout Ratio (TTM)

NTNX

0.00%

Software Industry

Max: 1.32%
Q3: 0.53%
Median: 0.00%
Q1: 0.00%
Min: 0.00%

NTNX has a Dividend Payout Ratio of 0%, indicating it does not currently pay a dividend. This is a common strategy for growth-oriented companies that reinvest all profits back into the business.

ZS

0.00%

Software Industry

Max: 1.32%
Q3: 0.53%
Median: 0.00%
Q1: 0.00%
Min: 0.00%

ZS has a Dividend Payout Ratio of 0%, indicating it does not currently pay a dividend. This is a common strategy for growth-oriented companies that reinvest all profits back into the business.

NTNX vs. ZS: A comparison of their Dividend Payout Ratio (TTM) against the Software industry benchmark.

Dividend at a Glance

Symbol	NTNX	ZS
Dividend Yield (TTM)	0.00%	0.00%
Dividend Payout Ratio (TTM)	0.00%	0.00%

Valuation

Price-to-Earnings Ratio (TTM)

NTNX

789.47

Software Industry

Max: 149.35
Q3: 100.21
Median: 47.97
Q1: 26.77
Min: 11.68

At 789.47, NTNX’s P/E Ratio is exceptionally high, exceeding the typical maximum for the Software industry. This suggests the stock may be significantly overvalued compared to its peers and implies high market expectations that could be difficult to meet.

ZS

Software Industry

Max: 149.35
Q3: 100.21
Median: 47.97
Q1: 26.77
Min: 11.68

P/E Ratio data for ZS is currently unavailable.

NTNX vs. ZS: A comparison of their Price-to-Earnings Ratio (TTM) against the Software industry benchmark.

Price-to-Sales Ratio (TTM)

NTNX

7.66

Software Industry

Max: 25.24
Q3: 13.52
Median: 8.15
Q1: 4.87
Min: 0.98

NTNX’s P/S Ratio of 7.66 aligns with the market consensus for the Software industry. This suggests its valuation, based on sales, is seen as standard and is on par with its competitors.

ZS

17.53

Software Industry

Max: 25.24
Q3: 13.52
Median: 8.15
Q1: 4.87
Min: 0.98

ZS’s P/S Ratio of 17.53 is in the upper echelon for the Software industry. This means the company is valued richly on its revenue stream compared to its peers, suggesting the stock is priced for a high level of future performance.

NTNX vs. ZS: A comparison of their Price-to-Sales Ratio (TTM) against the Software industry benchmark.

Price-to-Book Ratio (MRQ)

NTNX

88.42

Software Industry

Max: 30.95
Q3: 14.91
Median: 7.75
Q1: 3.60
Min: 0.38

At 88.42, NTNX’s P/B Ratio is at an extreme premium to the Software industry. This signifies that the market’s valuation is heavily reliant on future potential rather than its current net asset value, which can be a high-risk proposition.

ZS

19.39

Software Industry

Max: 30.95
Q3: 14.91
Median: 7.75
Q1: 3.60
Min: 0.38

ZS’s P/B Ratio of 19.39 is in the upper tier for the Software industry. This indicates that investors are paying a premium relative to the company’s net assets, a valuation that hinges on its ability to generate superior profits.

NTNX vs. ZS: A comparison of their Price-to-Book Ratio (MRQ) against the Software industry benchmark.

Valuation at a Glance

Symbol	NTNX	ZS
Price-to-Earnings Ratio (TTM)	789.47	--
Price-to-Sales Ratio (TTM)	7.66	17.53
Price-to-Book Ratio (MRQ)	88.42	19.39
Price-to-Free Cash Flow Ratio (TTM)	24.32	64.60