Fortinet, Inc. (FTNT) vs ServiceNow, Inc. (NOW)
A side-by-side comparison of Fortinet, Inc. and ServiceNow, Inc. across valuation, profitability, dividends, and growth — built entirely from reported fundamentals, as of July 28, 2026. Differences are shown without an overall score or investment verdict.
FTNT
Fortinet, Inc.
$149.98TechnologyDelayed quote: Jul 28, 2026, 4:00 PM EDT
NOW
ServiceNow, Inc.
$110.62TechnologyDelayed quote: Jul 28, 2026, 4:00 PM EDT
Total return — FTNT vs NOW
growth of $100 · dividends reinvested · last 14yFTNT +3493.2%NOW +2045.5%FTNT compounded faster
FTNT NOW
FTNT vs NOW: by the numbers
- •NOW is the larger company ($114.37B vs $109.88B market cap).
- •FTNT trades at the lower trailing earnings multiple (58.83 vs 65.97 P/E), one valuation lens rather than an overall verdict.
- •FTNT converts more revenue to profit (27.49% vs 11.34% net margin).
- •NOW grew revenue faster over the past five years (23.29% vs 21.13% CAGR).
Metrics side by side
Valuation
| Metric | FTNT | NOW |
|---|---|---|
| P/E ratio | 58.83 | 65.97 |
| Forward P/E | 48.33 | 25.91 |
| P/S ratio | 15.92 | 7.43 |
| P/B ratio | 114.37 | 5.86 |
| PEG ratio | 4.64 | 4.04 |
| EV / EBITDA | 45.34 | 52.72 |
| FCF yield | 2.15% | 4.18% |
Profitability
| Metric | FTNT | NOW |
|---|---|---|
| Gross margin | 80.67% | 74.77% |
| Operating margin | 31.06% | 11.40% |
| Net margin | 27.49% | 11.34% |
| ROE | 197.48% | 8.93% |
| ROIC | 28.75% | 8.98% |
Growth (annualized)
| Metric | FTNT | NOW |
|---|---|---|
| Revenue CAGR (5Y) | 21.13% | 23.29% |
| EPS CAGR (5Y) | 32.39% | 69.74% |
| FCF CAGR (5Y) | 21.24% | 24.63% |
| Total return CAGR (5Y) | 22.17% | -1.95% |
Frequently asked
- Which has the lower trailing P/E, FTNT or NOW?
- FTNT has the lower trailing P/E: FTNT trades at 58.83 and NOW at 65.97. P/E is one valuation measure and does not by itself establish which business is cheaper.
- Which has grown faster, FTNT or NOW?
- Over the past five years, NOW grew revenue faster — FTNT at a 21.13% CAGR versus NOW at 23.29%.
- Is FTNT or NOW more profitable?
- FTNT runs the higher net margin — FTNT at 27.49% versus NOW at 11.34%.
- How have FTNT and NOW total returns compared?
- Over the past 10 years, FTNT delivered 34.87% and NOW delivered 21.88% annualized total return. Past performance doesn't predict future results.
Go deeper
Dig into the metrics
Fortinet P/E ratioServiceNow P/E ratioFortinet dividend yieldServiceNow dividend yieldFortinet ROEServiceNow ROEFortinet operating marginServiceNow operating marginFortinet revenue growthServiceNow revenue growthFortinet free cash flowServiceNow free cash flow
Fortinet & ServiceNow appear in these rankings
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 July 28, 2026.