Booking Holdings Inc. (BKNG) vs Fortinet, Inc. (FTNT)

BKNG leads on 12 of 15 compared metrics.

A side-by-side comparison of Booking Holdings Inc. and Fortinet, Inc. across valuation, profitability, dividends, and growth — built entirely from reported fundamentals, as of June 16, 2026. The ● marks the stronger figure on each row (cheaper multiple, higher margin/return).

Compare

Total return — BKNG vs FTNT

growth of $100 · last 17y
BKNG +2003.9%FTNT +8668.1%FTNT compounded faster
02k4k6k8kStart $10020122015201820212024$2,104$8,768
BKNG FTNT

BKNG vs FTNT: by the numbers

  • BKNG is the larger company ($136.64B vs $106.55B market cap).
  • BKNG trades at the lower earnings multiple (23.03 vs 57.72 P/E).
  • FTNT converts more revenue to profit (27.49% vs 22.23% net margin).
  • BKNG grew revenue faster over the past five years (37.43% vs 21.13% CAGR).
  • BKNG pays a dividend (0.92% yield) while FTNT does not currently pay one.

Which is better, BKNG or FTNT?

Metric tally: BKNG 12 · FTNT 3

It depends on what you're optimizing for:

ValueBKNG(lower P/E)
GrowthBKNG(faster 5Y revenue CAGR)
QualityBKNG(higher ROIC)

Metrics side by side

Valuation

MetricBKNGFTNT
P/E ratio23.0357.72
Forward P/E14.1743.73
P/S ratio5.0115.62
P/B ratio112.20
PEG ratio0.154.54
EV / EBITDA14.8840.65
FCF yield6.51%2.19%

Profitability

MetricBKNGFTNT
Gross margin100.00%80.67%
Operating margin34.28%31.06%
Net margin22.23%27.49%
ROE-96.88%197.48%
ROIC50.82%28.75%

Dividends

MetricBKNGFTNT
Dividend yield0.92%
Payout ratio24.14%

Growth (annualized)

MetricBKNGFTNT
Revenue CAGR (5Y)37.43%21.13%
EPS CAGR (5Y)158.62%32.39%
FCF CAGR (5Y)39.83%21.24%
Total return CAGR (5Y)14.42%25.88%

Frequently asked

Which is better, BKNG or FTNT?
It depends on your goal. value: BKNG (lower P/E); growth: BKNG (faster 5Y revenue CAGR); quality: BKNG (higher ROIC). Across all compared metrics, BKNG leads 12 to 3.
Is BKNG or FTNT cheaper?
On trailing earnings, BKNG is cheaper: BKNG trades at a 23.03 P/E and FTNT at 57.72.
Which has grown faster, BKNG or FTNT?
Over the past five years, BKNG grew revenue faster — BKNG at a 37.43% CAGR versus FTNT at 21.13%.
Does BKNG or FTNT pay a bigger dividend?
BKNG pays a dividend (0.92% yield) while FTNT does not currently pay one.
Is BKNG or FTNT more profitable?
FTNT runs the higher net margin — BKNG at 22.23% versus FTNT at 27.49%.
Which has been the better investment, BKNG or FTNT?
Over the past 10-year, FTNT delivered the higher annualized total return — BKNG at 13.03% versus FTNT at 36.12%. 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 June 16, 2026.