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

NFLX has the lower trailing P/E: FTNT trades at 56.34 and NFLX at 24.58. 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 37.68% and NFLX delivered 23.24% 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 August 16, 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.

$117.40B

$160.01TechnologyDelayed quote: Aug 14, 2026, 4:00 PM EDT

NFLX

Netflix, Inc.

$325.45B

$78.16Communication ServicesDelayed quote: Aug 14, 2026, 4:00 PM EDT

Total return — FTNT vs NFLX

growth of $100 · dividends reinvested · last 10y

FTNT +2331.8% (+37.6%/yr)NFLX +721.9% (+23.4%/yr)FTNT compounded faster over this window

FTNT NFLX

FTNT vs NFLX: by the numbers

•NFLX is the larger company ($325.45B vs $117.40B market cap).
•NFLX trades at the lower trailing earnings multiple (24.58 vs 56.34 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	56.34	24.58
Forward P/E	46.75	21.72
P/S ratio	15.76	6.89
P/B ratio	76.47	11.05
EV / EBITDA	43.12	10.56
FCF yield	2.63%	3.30%

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	N/A	25.22%

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)	20.92%	8.66%

Frequently asked

Which has the lower trailing P/E, FTNT or NFLX?: NFLX has the lower trailing P/E: FTNT trades at 56.34 and NFLX at 24.58. 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 37.68% and NFLX delivered 23.24% 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 August 16, 2026.