Automatic Data Processing, Inc. (ADP) vs Fortinet, Inc. (FTNT)

FTNT leads on 9 of 16 compared metrics, though ADP is the cheaper stock.

A side-by-side comparison of Automatic Data Processing, Inc. and Fortinet, Inc. across valuation, profitability, dividends, and growth — built entirely from reported fundamentals, as of July 18, 2026. The ● marks the stronger figure on each row (cheaper multiple, higher margin/return).

Compare

Total returnADP vs FTNT

growth of $100 · dividends reinvested · last 17y
ADP +913.8%FTNT +9635.5%FTNT compounded faster
Log scale — wide-divergence pair
101001k10k100kStart $10020122015201820212024$1,014$9,736
ADP FTNT

ADP vs FTNT: by the numbers

  • FTNT is the larger company ($118.40B vs $102.04B market cap).
  • ADP trades at the lower earnings multiple (23.79 vs 62.40 P/E).
  • FTNT converts more revenue to profit (27.49% vs 20.12% net margin).
  • FTNT grew revenue faster over the past five years (21.13% vs 8.08% CAGR).
  • ADP pays a dividend (2.60% yield) while FTNT does not currently pay one.

Which is better, ADP or FTNT?

Metric tally: ADP 7 · FTNT 9

It depends on what you're optimizing for:

ValueADP(lower P/E)
GrowthFTNT(faster 5Y revenue CAGR)
QualityFTNT(higher ROIC)

Metrics side by side

Valuation

MetricADPFTNT
P/E ratio23.7962.40
Forward P/E23.0551.28
P/S ratio4.7516.89
P/B ratio16.17121.29
PEG ratio3.204.64
EV / EBITDA22.3848.13
FCF yield5.02%2.03%

Profitability

MetricADPFTNT
Gross margin47.48%80.67%
Operating margin19.20%31.06%
Net margin20.12%27.49%
ROE68.43%197.48%
ROIC24.66%28.75%

Dividends

MetricADPFTNT
Dividend yield2.60%
Payout ratio66.27%

Growth (annualized)

MetricADPFTNT
Revenue CAGR (5Y)8.08%21.13%
EPS CAGR (5Y)11.83%32.39%
FCF CAGR (5Y)14.52%21.24%
Total return CAGR (5Y)6.73%25.59%

Frequently asked

Which is better, ADP or FTNT?
It depends on your goal. value: ADP (lower P/E); growth: FTNT (faster 5Y revenue CAGR); quality: FTNT (higher ROIC). Across all compared metrics, FTNT leads 9 to 7.
Is ADP or FTNT cheaper?
On trailing earnings, ADP is cheaper: ADP trades at a 23.79 P/E and FTNT at 62.40.
Which has grown faster, ADP or FTNT?
Over the past five years, FTNT grew revenue faster — ADP at a 8.08% CAGR versus FTNT at 21.13%.
Does ADP or FTNT pay a bigger dividend?
ADP pays a dividend (2.60% yield) while FTNT does not currently pay one.
Is ADP or FTNT more profitable?
FTNT runs the higher net margin — ADP at 20.12% versus FTNT at 27.49%.
Which has been the better investment, ADP or FTNT?
Over the past 10-year, FTNT delivered the higher annualized total return — ADP at 12.83% versus FTNT at 37.22%. Past performance doesn't predict future results.

Figures are sourced from reported fundamentals and the latest end-of-day price. This comparison is informational only and is not investment advice. Past performance does not predict future results. See our methodology. Compiled by TGMCharts Research · data verified July 18, 2026.