Fortinet, Inc. (FTNT) vs Palo Alto Networks, Inc. (PANW)
Fortinet, Inc. and Palo Alto Networks, Inc. are both Software Infrastructure companies. Palo Alto Networks, Inc. is the larger, with a market value of $316.8B against $130.0B — 2.4× the size. Fortinet, Inc. trades at the lower P/E: 60.7× against 706×. Palo Alto Networks, Inc. grew revenue faster over the last twelve months: 24.5% against 18.8%. Fortinet, Inc. has the higher net margin (28.2% vs 2.67%) and the lower return on invested capital (0.00% vs 1.66%). Across the 22 metrics below, Fortinet, Inc. leads on 17 and Palo Alto Networks, Inc. on 5.
Valuation
Profitability
| Metric | FTNT | PANW | Software Infrastructure median |
|---|---|---|---|
| Gross margin | 80.20% | 70.36% | 61.23% |
| Operating margin | 32.44% | 6.05% | 0.00% |
| Net margin | 28.17% | 2.67% | 0.00% |
| Free cash flow margin | 41.41% | 35.83% | 1.67% |
| Return on equity | 117.44% | 1.74% | 0.59% |
| Return on assets | 19.73% | 0.85% | 0.00% |
| Return on invested capital | 0.00% | 1.66% | 0.00% |
Growth
Health
Dividend
Size
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