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.
| Profile Item | SAIL | ZS |
|---|---|---|
| Name | SailPoint, Inc. | Zscaler Inc. |
| Country/Region | United States | United States |
| GICS Sector | Information Technology | Information Technology |
| GICS Industry Group | Software & Services | Software & Services |
| GICS Industry | Software | Software |
| GICS Sub-Industry | Application Software | Systems Software |
| Market Capitalization | 10.97 billion USD | 32.23 billion USD |
| Currency | USD | USD |
| Exchange | Nasdaq | Nasdaq |
| Listing Date | February 13, 2025 | March 16, 2018 |
| Security Type | Common Stock | Common Stock |
Price Performance
Cumulative Growth
Trailing Returns
Calendar-Year Returns
Performance Metrics
| Metric | SAIL | ZS |
|---|---|---|
| Total Return (1Y) | 0.45% | -37.61% |
| Total Return (3Y, Annualized) | -- | 5.36% |
| Total Return (5Y, Annualized) | -- | -10.75% |
Risk Profile
Drawdown History
Return Distribution
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.
| Metric | SAIL | ZS |
|---|---|---|
| Volatility (1Y, Annualized) | 65.26% | 68.66% |
| Beta (5Y) | 2.06 | 0.88 |
| Max Drawdown (5Y) | -59.18% | -76.41% |
| Avg. Volume (3M) | 4.36M | 2.92M |
Risk-Adjusted Performance
Risk-Return Positioning
Risk-Adjusted Metrics
| Metric | SAIL | ZS |
|---|---|---|
| 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%
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%
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%
Profitability Metrics
| Metric | SAIL | ZS |
|---|---|---|
| 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.
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
| Metric | SAIL | ZS |
|---|---|---|
| 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
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
Financial Strength Metrics
| Metric | SAIL | ZS |
|---|---|---|
| Current Ratio (MRQ) | 1.23 | 1.70 |
| Debt / Equity (MRQ) | 0.00 | 0.72 |
| 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%
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%
Dividend Metrics
| Metric | SAIL | ZS |
|---|---|---|
| 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
- --
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
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
Valuation Metrics
| Metric | SAIL | ZS |
|---|---|---|
| P/E Ratio (TTM) | -- | -- |
| P/S Ratio (TTM) | 9.41 | 9.61 |
| P/B Ratio (MRQ) | 1.60 | 12.40 |
| Free Cash Flow Yield (TTM) | 3.09% | 3.34% |