CrowdStrike (CRWD) vs Fortinet, Inc. (FTNT)
CrowdStrike and Fortinet, Inc. are both Software Infrastructure companies. CrowdStrike is the larger, with a market value of $265.1B against $130.0B — 2.0× the size. Fortinet, Inc. trades at the lower P/E: 60.7× against 7,163×. CrowdStrike grew revenue faster over the last twelve months: 24.3% against 18.8%. Fortinet, Inc. has the higher net margin (28.2% vs 0.83%) and the higher return on invested capital (0.00% vs −9.53%). Across the 22 metrics below, Fortinet, Inc. leads on 16 and CrowdStrike on 6.
Valuation
Profitability
| Metric | CRWD | FTNT | Software Infrastructure median |
|---|---|---|---|
| Gross margin | 75.19% | 80.20% | 61.23% |
| Operating margin | (2.46%) | 32.44% | 0.00% |
| Net margin | 0.83% | 28.17% | 0.00% |
| Free cash flow margin | 28.01% | 41.41% | 1.67% |
| Return on equity | 1.01% | 117.44% | 0.59% |
| Return on assets | 0.42% | 19.73% | 0.00% |
| Return on invested capital | (9.53%) | 0.00% | 0.00% |
Growth
Health
Dividend
Size
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