Side-by-side comparison
Fortinet vs Cloudflare
As of Sep 25, 2026, revenue growth is 18.8% for Fortinet vs 33.5% for Cloudflare; operating margin is 32.4% for Fortinet vs -14.1% for Cloudflare; net margin is 28.2% for Fortinet vs -8.2% for Cloudflare; one-year return is +105.7% for Fortinet vs +61.3% for Cloudflare.
Key metrics
| Metric | FTNT | NET |
|---|---|---|
| Price | $173.46 | $349.02 |
| Market cap | $127.27B | — |
| P/E | 61.3x (#1) | — |
| P/S | 16.9x (#1) | — |
| Revenue growth | 18.8% (#2) | 33.5% (#1) |
| Operating margin | 32.4% (#1) | -14.1% (#2) |
| Net margin | 28.2% (#1) | -8.2% (#2) |
| Debt / equity | 0.32 (#1) | — |
| 1-year return | +105.7% (#1) | +61.3% (#2) |
| Research score | 68/100 (#1) | 46/100 (#2) |
Higher is better for growth, margins, one-year return and overall score; lower is better for valuation and debt ratios. Ties share a rank and missing values are excluded.
Company research
- Fortinet, Inc. (FTNT) — Software—Infrastructure
- Cloudflare, Inc. (NET) — Software—Infrastructure