FTNT vs PANW
Fortinet and Palo Alto Networks, both Technology
Palo Alto Networks is the larger company at $312B against $132B. On trailing earnings FTNT is the cheaper of the two at a P/E of 63.6 against 810.9, a gap that is only a bargain if the two are growing at similar rates. Over the past year FTNT returned +116% against +85% for PANW. The RyuScore puts FTNT ahead, 64 against 31 out of 100.
| Figure | FTNT | PANW |
|---|---|---|
| Last close | $180 | $381 |
| Market cap | $132B | $312B |
| Trailing P/Elower is cheaper for the same earnings, not automatically better | 63.6 | 810.9 |
| 1-year return | +116% | +85% |
| 5-year return | +193% | +358% |
| RyuScoresector-relative, 1–10 | 64/100 | 31/100 |
Figures from SEC filings and end-of-day closes. Highlighting marks the higher or lower number, which is not the same as the better investment, a low P/E can be a warning and a high one can be deserved.
Fortinet
Revenue of $2.0B in Q2 2026, net income $606M. Its largest reported line is EMEA, 43% of the disclosed total.
Palo Alto Networks
Revenue of $3.4B in Q4 2026, net income null. Its largest reported line is United States, 62% of the disclosed total.
Open these two in the interactive comparison to add more names, change the period or see the correlation.