TickerHumSide-by-side comparison
Fortinet vs Palo Alto Networks
As of Nov 11, 2026, P/E is 41.9x for Fortinet vs 836.2x for Palo Alto Networks; P/S is 11.9x for Fortinet vs 23.8x for Palo Alto Networks; revenue growth is 20.2% for Fortinet vs 24.5% for Palo Alto Networks; operating margin is 33.0% for Fortinet vs 6.1% for Palo Alto Networks.
What stands out
- Fortinet is cheaper on earnings: 41.9x P/E vs 836.2x for Palo Alto Networks.
- Fortinet keeps more of each sale as operating profit: 33.0% margin vs 6.1% for Palo Alto Networks.
- Fortinet scores higher on TickerHum's ratings: 64/100 vs 38/100 for Palo Alto Networks.
Key metrics
| Metric | FTNT | PANW |
|---|---|---|
| Price | $128.10 | $334.47 |
| Market cap | $94.12B | $273.6B |
| P/E | 41.9x (#1) | 836.2x (#2) |
| P/S | 11.9x (#1) | 23.8x (#2) |
| Revenue growth | 20.2% (#2) | 24.5% (#1) |
| Operating margin | 33.0% (#1) | 6.1% (#2) |
| Net margin | 29.0% (#1) | 2.7% (#2) |
| Debt / equity | 0.22 (#1) | — |
| 1-year return | +56.0% (#2) | +59.2% (#1) |
| Research score | 64/100 (#1) | 38/100 (#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
- Palo Alto Networks, Inc. (PANW) — Software—Infrastructure