Which has the lower trailing P/E, FTNT or MA?

MA has the lower trailing P/E: FTNT trades at 54.95 and MA at 31.31. P/E is one valuation measure and does not by itself establish which business is cheaper.

Which has grown faster, FTNT or MA?

Over the past five years, FTNT grew revenue faster — FTNT at a 20.93% CAGR versus MA at 16.09%.

Does FTNT or MA pay a bigger dividend?

MA pays a dividend (0.60% yield), while FTNT has no payments in the available dividend history.

Is FTNT or MA more profitable?

MA runs the higher net margin — FTNT at 28.17% versus MA at 46.34%.

How have FTNT and MA total returns compared?

Over the past 10 years, FTNT delivered 36.35% and MA delivered 19.83% annualized total return. Past performance doesn't predict future results.

Fortinet, Inc. (FTNT) vs Mastercard Incorporated (MA)

A side-by-side comparison of Fortinet, Inc. and Mastercard Incorporated across valuation, profitability, dividends, and growth — built entirely from reported fundamentals, as of September 11, 2026. Differences are shown without an overall score or investment verdict.

Different business models: FTNT is classified in Technology; MA is classified in Financial Services. Margin, capital intensity, and valuation differences should be interpreted in that sector context.

FTNT

Fortinet, Inc.

$114.51B

$156.07TechnologyDelayed quote: Sep 11, 2026, 4:00 PM EDT

Mastercard Incorporated

$499.20B

$569.19Financial ServicesDelayed quote: Sep 11, 2026, 4:00 PM EDT

Total return — FTNT vs MA

growth of $100 · dividends reinvested · last 10y

FTNT +2058.3% (+36.0%/yr)MA +498.8% (+19.6%/yr)FTNT compounded faster over this window

FTNT MA

FTNT vs MA: by the numbers

•MA is the larger company ($499.20B vs $114.51B market cap).
•MA trades at the lower trailing earnings multiple (31.31 vs 54.95 P/E), one valuation lens rather than an overall verdict.
•MA converts more revenue to profit (46.34% vs 28.17% net margin).
•FTNT grew revenue faster over the past five years (20.93% vs 16.09% CAGR).
•MA pays a dividend (0.60% yield), while FTNT has no payments in the available dividend history.

Metrics side by side

Valuation

Metric	FTNT	MA
P/E ratio	54.95	31.31
Forward P/E	45.24	28.52
P/S ratio	15.21	14.23
P/B ratio	73.83	88.97
EV / EBITDA	41.60	N/A
FCF yield	2.72%	N/A

Profitability

Metric	FTNT	MA
Gross margin	80.38%	100.00%
Operating margin	32.43%	59.84%
Net margin	28.17%	46.34%
ROE	136.72%	289.73%
ROIC	32.78%	N/A

Dividends

Metric	FTNT	MA
Dividend yield	N/A	0.60%
Payout ratio	N/A	18.54%

Growth (annualized)

Metric	FTNT	MA
Revenue CAGR (5Y)	20.93%	16.09%
EPS CAGR (5Y)	32.39%	20.93%
FCF CAGR (5Y)	22.98%	N/A
Total return CAGR (5Y)	20.67%	10.88%

Frequently asked

Which has the lower trailing P/E, FTNT or MA?: MA has the lower trailing P/E: FTNT trades at 54.95 and MA at 31.31. P/E is one valuation measure and does not by itself establish which business is cheaper.
Which has grown faster, FTNT or MA?: Over the past five years, FTNT grew revenue faster — FTNT at a 20.93% CAGR versus MA at 16.09%.
Does FTNT or MA pay a bigger dividend?: MA pays a dividend (0.60% yield), while FTNT has no payments in the available dividend history.
Is FTNT or MA more profitable?: MA runs the higher net margin — FTNT at 28.17% versus MA at 46.34%.
How have FTNT and MA total returns compared?: Over the past 10 years, FTNT delivered 36.35% and MA delivered 19.83% annualized total return. Past performance doesn't predict future results.

Go deeper

Full FTNT analysis Full MA analysis Interactive comparison tool

Dig into the metrics

Fortinet P/E ratio Mastercard P/E ratio Mastercard dividend yield Fortinet ROE Mastercard ROE Fortinet operating margin Mastercard operating margin Fortinet revenue growth Mastercard revenue growth Fortinet free cash flow

Fortinet & Mastercard appear in these rankings

Fastest Revenue Growth Stocks Highest ROE Stocks Highest ROIC Stocks Highest Operating Margin Stocks

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 September 11, 2026.