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SAIL vs. ZS: SailPoint vs. Zscaler Stock Comparison

How do SailPoint (SAIL) and Zscaler (ZS) stack up? This page sets them side by side across company profile, performance and risk, profitability, growth, financial strength, dividends, and valuation, with selected fundamentals also measured against each stock's industry-group peers.

Company Profile

SailPoint (SAIL) and Zscaler (ZS) both belong to the Software industry, though SAIL is classified under Application Software while ZS falls under Systems Software.

Zscaler (ZS) has been public since March 16, 2018, giving it a longer listed trading history, while SailPoint (SAIL) listed on February 13, 2025 and still has a shorter public-market record.

Company profile comparison for SailPoint (SAIL) and Zscaler (ZS)
Profile ItemSAILZS
NameSailPoint, Inc.Zscaler Inc.
Country/RegionUnited StatesUnited States
GICS SectorInformation TechnologyInformation Technology
GICS Industry GroupSoftware & ServicesSoftware & Services
GICS IndustrySoftwareSoftware
GICS Sub-IndustryApplication SoftwareSystems Software
Market Capitalization10.97 billion USD32.23 billion USD
CurrencyUSDUSD
ExchangeNasdaqNasdaq
Listing DateFebruary 13, 2025March 16, 2018
Security TypeCommon StockCommon Stock

Price Performance

Cumulative Growth

SAIL
ZS
GSPC
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SailPoint (SAIL) vs. Zscaler (ZS), with S&P 500 (GSPC) for reference: Growth of a $10,000 investment over the past five years. Adjusted for dividends and splits.

Trailing Returns

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Trailing total returns for SailPoint (SAIL) and Zscaler (ZS). Returns over one year are annualized.

Calendar-Year Returns

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Calendar-year total returns for SailPoint (SAIL) and Zscaler (ZS). Each bar is that year's total return, measured year-end to year-end.

Performance Metrics

Price performance metrics for SailPoint (SAIL) and Zscaler (ZS)
MetricSAILZS
Total Return (1Y)0.45%-37.61%
Total Return (3Y, Annualized)--5.36%
Total Return (5Y, Annualized)---10.75%

Risk Profile

Drawdown History

SAIL
ZS
GSPC
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SailPoint (SAIL) vs. Zscaler (ZS), with S&P 500 (GSPC) for reference: Drawdown from the running peak over the past five years. Each line shows the decline from its prior peak; 0% marks a new high.

Return Distribution

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Distribution of monthly total returns for SailPoint (SAIL) and Zscaler (ZS). Each bar is the share of months whose return fell in that 5% bucket.

Risk Metrics

SailPoint (SAIL) carries a highly aggressive beta of 2.06, indicating much higher sensitivity to broad-market moves, whereas Zscaler (ZS) is closer to market-like at 0.88 — a noticeable difference in market-sensitivity profile.

Risk profile metrics for SailPoint (SAIL) and Zscaler (ZS)
MetricSAILZS
Volatility (1Y, Annualized)65.26%68.66%
Beta (5Y)2.060.88
Max Drawdown (5Y)-59.18%-76.41%
Avg. Volume (3M)4.36M2.92M

Risk-Adjusted Performance

Risk-Return Positioning

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SAIL and ZS are plotted by 1-year volatility (risk) and 1-year return. The dashed Capital Allocation Line runs from the risk-free rate through the shared industry median.

Risk-Adjusted Metrics

Risk-adjusted metrics for SailPoint (SAIL) and Zscaler (ZS)
MetricSAILZS
Sharpe Ratio (1Y)-0.06-0.61
Sortino Ratio (1Y)-0.08-0.79

Profitability

ROE (TTM)

Both SailPoint (SAIL) at -2.88% and Zscaler (ZS) at -2.87% report negative ROE values. Negative ROE can reflect losses or negative shareholders’ equity, so both readings need extra context.

SAIL

Software & Services industry group

-2.88%

Max
53.85%
Q3
17.90%
Median
6.59%
SAIL
-2.88%
Q1
-9.59%
Min
-50.52%

ZS

Software & Services industry group

-2.87%

Max
53.85%
Q3
17.90%
Median
6.59%
ZS
-2.87%
Q1
-9.59%
Min
-50.52%
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SailPoint (SAIL) vs. Zscaler (ZS): A comparison of their ROE against the Software & Services industry group benchmark.

Net Margin (TTM)

Both SailPoint (SAIL) at -16.92% and Zscaler (ZS) at -1.89% report negative net margin values, usually indicating net losses over the period.

SAIL

Software & Services industry group

-16.92%

Max
41.17%
Q3
15.28%
Median
4.63%
Q1
-5.42%
SAIL
-16.92%
Min
-33.17%

ZS

Software & Services industry group

-1.89%

Max
41.17%
Q3
15.28%
Median
4.63%
ZS
-1.89%
Q1
-5.42%
Min
-33.17%
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SailPoint (SAIL) vs. Zscaler (ZS): A comparison of their net margin against the Software & Services industry group benchmark.

Operating Margin (TTM)

Both SailPoint (SAIL) at -18.85% and Zscaler (ZS) at -1.01% report negative operating margin values, usually indicating operating losses over the period.

SAIL

Software & Services industry group

-18.85%

Max
46.89%
Q3
17.64%
Median
8.73%
Q1
-2.13%
SAIL
-18.85%
Min
-30.45%

ZS

Software & Services industry group

-1.01%

Max
46.89%
Q3
17.64%
Median
8.73%
ZS
-1.01%
Q1
-2.13%
Min
-30.45%
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SailPoint (SAIL) vs. Zscaler (ZS): A comparison of their operating margin against the Software & Services industry group benchmark.

Profitability Metrics

Profitability metrics for SailPoint (SAIL) and Zscaler (ZS)
MetricSAILZS
ROE (TTM)-2.88%-2.87%
ROA (TTM)-1.83%-1.03%
Net Margin (TTM)-16.92%-1.89%
Operating Margin (TTM)-18.85%-1.01%
Gross Margin (TTM)66.27%76.87%

Growth

Revenue Growth

Both SailPoint (SAIL) at 24.35% and Zscaler (ZS) at 25.42% land near their industries' usual revenue growth ranges, so top-line momentum looks broadly in line with peers on both sides.

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SailPoint (SAIL) vs. Zscaler (ZS): A comparison of their Revenue Growth across different time periods.

EPS Growth

Neither SailPoint (SAIL) nor Zscaler (ZS) reports a EPS growth value for this period, so a direct comparison isn't possible.

Growth Metrics

Growth metrics for SailPoint (SAIL) and Zscaler (ZS)
MetricSAILZS
Revenue Growth (YoY)24.35%25.42%
Revenue Growth (3Y CAGR)--27.51%
EPS Growth (YoY)----
EPS Growth (3Y CAGR)----

Financial Strength

Current Ratio (MRQ)

Both SailPoint (SAIL) at 1.23 and Zscaler (ZS) at 1.70 carry current ratio within their industries’ typical mid-ranges, suggesting balanced short-term liquidity relative to peers.

SAIL

Software & Services industry group

1.23

Max
5.11
Q3
2.77
Median
1.67
SAIL
1.23
Q1
1.01
Min
0.03

ZS

Software & Services industry group

1.70

Max
5.11
Q3
2.77
ZS
1.70
Median
1.67
Q1
1.01
Min
0.03
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SailPoint (SAIL) vs. Zscaler (ZS): A comparison of their current ratio against the Software & Services industry group benchmark.

Debt / Equity (MRQ)

SailPoint (SAIL) at 0.00 keeps leverage in the lower industry quartile, while Zscaler (ZS) at 0.72 runs a more typical debt-to-equity mix.

SAIL

Software & Services industry group

0.00

Max
2.52
Q3
1.13
Median
0.40
Q1
0.07
SAIL
0.00
Min
0.00

ZS

Software & Services industry group

0.72

Max
2.52
Q3
1.13
ZS
0.72
Median
0.40
Q1
0.07
Min
0.00
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SailPoint (SAIL) vs. Zscaler (ZS): A comparison of their debt-to-equity ratio against the Software & Services industry group benchmark.

Financial Strength Metrics

Financial strength metrics for SailPoint (SAIL) and Zscaler (ZS)
MetricSAILZS
Current Ratio (MRQ)1.231.70
Debt / Equity (MRQ)0.000.72
Net Debt / EBITDA---36.63

Dividends

Dividend Yield (TTM)

Neither SailPoint (SAIL) nor Zscaler (ZS) pays a dividend this period — they may reinvest, use buybacks, or simply not return cash through dividends.

SAIL

Software & Services industry group

0.00%

SAIL
0.00%
Max
0.00%
Q3
0.00%
Median
0.00%
Q1
0.00%
Min
0.00%

ZS

Software & Services industry group

0.00%

ZS
0.00%
Max
0.00%
Q3
0.00%
Median
0.00%
Q1
0.00%
Min
0.00%
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SailPoint (SAIL) vs. Zscaler (ZS): A comparison of their dividend yield against the Software & Services industry group benchmark.

Dividend Payout Ratio (TTM)

Neither SailPoint (SAIL) nor Zscaler (ZS) pays a dividend this period — they may reinvest, use buybacks, or simply not return cash through dividends.

SAIL

Software & Services industry group

0.00%

SAIL
0.00%
Max
0.00%
Q3
0.00%
Median
0.00%
Q1
0.00%
Min
0.00%

ZS

Software & Services industry group

0.00%

ZS
0.00%
Max
0.00%
Q3
0.00%
Median
0.00%
Q1
0.00%
Min
0.00%
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SailPoint (SAIL) vs. Zscaler (ZS): A comparison of their payout ratio against the Software & Services industry group benchmark.

Dividend Metrics

Dividend metrics for SailPoint (SAIL) and Zscaler (ZS)
MetricSAILZS
Dividend Yield (TTM)0.00%0.00%
Dividend Payout Ratio (TTM)0.00%0.00%

Valuation

P/E Ratio (TTM)

Neither SailPoint (SAIL) nor Zscaler (ZS) reports a P/E ratio value for this period, so a direct comparison isn’t possible.

SAIL

Software & Services industry group

--

Max
112.94
Q3
60.32
Median
32.91
Q1
18.77
Min
6.69
SAIL
--

ZS

Software & Services industry group

--

Max
112.94
Q3
60.32
Median
32.91
Q1
18.77
Min
6.69
ZS
--
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SailPoint (SAIL) vs. Zscaler (ZS): Neither stock reports P/E ratio, so the chart shows available benchmark boxes without value markers.

P/S Ratio (TTM)

Both SailPoint (SAIL) at 9.41 and Zscaler (ZS) at 9.61 command a richer price per dollar of sales than most peers, sitting in the upper P/S ratio quartile of their industries.

SAIL

Software & Services industry group

9.41

Max
17.91
SAIL
9.41
Q3
8.78
Median
4.25
Q1
2.23
Min
0.02

ZS

Software & Services industry group

9.61

Max
17.91
ZS
9.61
Q3
8.78
Median
4.25
Q1
2.23
Min
0.02
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SailPoint (SAIL) vs. Zscaler (ZS): A comparison of their P/S ratio against the Software & Services industry group benchmark.

P/B Ratio (MRQ)

SailPoint (SAIL) at 1.60 looks cheap against book in the lower P/B ratio quartile, while Zscaler (ZS) at 12.40 carries a premium in the upper quartile — a clear price-to-book gap.

SAIL

Software & Services industry group

1.60

Max
16.63
Q3
8.50
Median
4.30
Q1
1.92
SAIL
1.60
Min
-3.90

ZS

Software & Services industry group

12.40

Max
16.63
ZS
12.40
Q3
8.50
Median
4.30
Q1
1.92
Min
-3.90
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SailPoint (SAIL) vs. Zscaler (ZS): A comparison of their P/B ratio against the Software & Services industry group benchmark.

Valuation Metrics

Valuation metrics for SailPoint (SAIL) and Zscaler (ZS)
MetricSAILZS
P/E Ratio (TTM)----
P/S Ratio (TTM)9.419.61
P/B Ratio (MRQ)1.6012.40
Free Cash Flow Yield (TTM)3.09%3.34%