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

NFLX has the lower trailing P/E: FTNT trades at 62.93 and NFLX at 21.34. P/E is one valuation measure and does not by itself establish which business is cheaper.

Which has grown faster, FTNT or NFLX?

Over the past five years, FTNT grew revenue faster — FTNT at a 20.93% CAGR versus NFLX at 11.89%.

How have FTNT and NFLX total returns compared?

Over the past 10 years, FTNT delivered 37.51% and NFLX delivered 21.27% annualized total return. Past performance doesn't predict future results.

Fortinet, Inc. (FTNT) vs Netflix, Inc. (NFLX)

A side-by-side comparison of Fortinet, Inc. and Netflix, Inc. across valuation, profitability, dividends, and growth — built entirely from reported fundamentals, as of October 2, 2026. Differences are shown without an overall score or investment verdict.

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

FTNT

Fortinet, Inc.

$131.13B

$178.72TechnologyDelayed quote: Oct 1, 2026, 4:00 PM EDT

NFLX

Netflix, Inc.

$282.52B

$67.85Communication ServicesDelayed quote: Oct 1, 2026, 4:00 PM EDT

Total return — FTNT vs NFLX

growth of $100 · dividends reinvested · last 10y

FTNT +2328.3% (+37.6%/yr)NFLX +598.8% (+21.5%/yr)FTNT compounded faster over this window

FTNT NFLX

FTNT vs NFLX: by the numbers

•NFLX is the larger company ($282.52B vs $131.13B market cap).
•NFLX trades at the lower trailing earnings multiple (21.34 vs 62.93 P/E), one valuation lens rather than an overall verdict.
•FTNT grew revenue faster over the past five years (20.93% vs 11.89% CAGR).

Metrics side by side

Valuation

Metric	FTNT	NFLX
P/E ratio	62.93	21.34
Forward P/E	51.81	18.86
PEG ratio	1.90	0.65
P/S ratio	17.42	5.84
P/B ratio	84.54	9.37
EV / EBITDA	47.77	8.99
FCF yield	2.38%	3.89%

Profitability

Metric	FTNT	NFLX
Gross margin	80.38%	49.12%
Operating margin	32.43%	29.68%
Net margin	28.17%	28.22%
ROE	136.72%	45.27%
ROIC	32.78%	24.34%

Growth (annualized)

Metric	FTNT	NFLX
Revenue CAGR (5Y)	20.93%	11.89%
EPS CAGR (5Y)	32.39%	32.58%
FCF CAGR (5Y)	22.98%	51.23%
Total return CAGR (5Y)	24.57%	2.04%

Frequently asked

Which has the lower trailing P/E, FTNT or NFLX?: NFLX has the lower trailing P/E: FTNT trades at 62.93 and NFLX at 21.34. P/E is one valuation measure and does not by itself establish which business is cheaper.
Which has grown faster, FTNT or NFLX?: Over the past five years, FTNT grew revenue faster — FTNT at a 20.93% CAGR versus NFLX at 11.89%.
How have FTNT and NFLX total returns compared?: Over the past 10 years, FTNT delivered 37.51% and NFLX delivered 21.27% annualized total return. Past performance doesn't predict future results.

Go deeper

Full FTNT analysis Full NFLX analysis Interactive comparison tool

Dig into the metrics

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

Fortinet & Netflix 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 October 2, 2026.