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

FTNT has the lower trailing P/E: FTNT trades at 54.95 and MANH at 57.83. P/E is one valuation measure and does not by itself establish which business is cheaper.

Which has grown faster, FTNT or MANH?

Over the past five years, FTNT grew revenue faster — FTNT at a 20.93% CAGR versus MANH at 12.69%.

Is FTNT or MANH more profitable?

FTNT runs the higher net margin — FTNT at 28.17% versus MANH at 18.67%.

How have FTNT and MANH total returns compared?

Over the past 10 years, FTNT delivered 36.35% and MANH delivered 13.30% annualized total return. Past performance doesn't predict future results.

Fortinet, Inc. (FTNT) vs Manhattan Associates, Inc. (MANH)

A side-by-side comparison of Fortinet, Inc. and Manhattan Associates, Inc. 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.

FTNT

Fortinet, Inc.

$114.51B

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

MANH

Manhattan Associates, Inc.

$11.77B

$201.82TechnologyDelayed quote: Sep 11, 2026, 4:00 PM EDT

Total return — FTNT vs MANH

growth of $100 · dividends reinvested · last 10y

FTNT +2140.5% (+36.5%/yr)MANH +233.0% (+12.8%/yr)FTNT compounded faster over this window

Log scale — wide-divergence pair

FTNT MANH

FTNT vs MANH: by the numbers

•FTNT is the larger company ($114.51B vs $11.77B market cap).
•FTNT trades at the lower trailing earnings multiple (54.95 vs 57.83 P/E), one valuation lens rather than an overall verdict.
•FTNT converts more revenue to profit (28.17% vs 18.67% net margin).
•FTNT grew revenue faster over the past five years (20.93% vs 12.69% CAGR).

Metrics side by side

Valuation

Metric	FTNT	MANH
P/E ratio	54.95	57.83
Forward P/E	45.24	36.71
P/S ratio	15.21	10.45
P/B ratio	73.83	74.71
EV / EBITDA	41.60	41.45
FCF yield	2.72%	3.39%

Profitability

Metric	FTNT	MANH
Gross margin	80.38%	54.65%
Operating margin	32.43%	24.33%
Net margin	28.17%	18.67%
ROE	136.72%	133.48%
ROIC	32.78%	90.92%

Growth (annualized)

Metric	FTNT	MANH
Revenue CAGR (5Y)	20.93%	12.69%
EPS CAGR (5Y)	32.39%	21.59%
FCF CAGR (5Y)	22.98%	19.51%
Total return CAGR (5Y)	20.67%	4.78%

Frequently asked

Which has the lower trailing P/E, FTNT or MANH?: FTNT has the lower trailing P/E: FTNT trades at 54.95 and MANH at 57.83. P/E is one valuation measure and does not by itself establish which business is cheaper.
Which has grown faster, FTNT or MANH?: Over the past five years, FTNT grew revenue faster — FTNT at a 20.93% CAGR versus MANH at 12.69%.
Is FTNT or MANH more profitable?: FTNT runs the higher net margin — FTNT at 28.17% versus MANH at 18.67%.
How have FTNT and MANH total returns compared?: Over the past 10 years, FTNT delivered 36.35% and MANH delivered 13.30% annualized total return. Past performance doesn't predict future results.

Go deeper

Full FTNT analysis Full MANH analysis Interactive comparison tool

Dig into the metrics

Fortinet P/E ratio Manhattan Associates P/E ratio Fortinet ROE Manhattan Associates ROE Fortinet operating margin Manhattan Associates operating margin Fortinet revenue growth Manhattan Associates revenue growth Fortinet free cash flow Manhattan Associates free cash flow

Fortinet & Manhattan Associates 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.