Side-by-side comparison
Fortinet vs Palo Alto Networks
As of Sep 25, 2026, P/E is 61.3x for Fortinet vs 936.9x for Palo Alto Networks; P/S is 16.9x for Fortinet vs 26.7x for Palo Alto Networks; revenue growth is 18.8% for Fortinet vs 24.5% for Palo Alto Networks; operating margin is 32.4% for Fortinet vs 6.1% for Palo Alto Networks.
Key metrics
| Metric | FTNT | PANW |
|---|---|---|
| Price | $173.46 | $374.74 |
| Market cap | $127.27B | $306.54B |
| P/E | 61.3x (#1) | 936.9x (#2) |
| P/S | 16.9x (#1) | 26.7x (#2) |
| Revenue growth | 18.8% (#2) | 24.5% (#1) |
| Operating margin | 32.4% (#1) | 6.1% (#2) |
| Net margin | 28.2% (#1) | 2.7% (#2) |
| Debt / equity | 0.32 (#2) | 0.07 (#1) |
| 1-year return | +105.7% (#1) | +85.2% (#2) |
| Research score | 68/100 (#1) | 51/100 (#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