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

FTNT has the lower trailing P/E: FTNT trades at 54.95 and NOW at 82.83. 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 20.93% CAGR versus NOW at 23.29%.

Is FTNT or NOW more profitable?

FTNT runs the higher net margin — FTNT at 28.17% versus NOW at 11.34%.

How have FTNT and NOW total returns compared?

Over the past 10 years, FTNT delivered 36.35% and NOW delivered 24.45% annualized total return. Past performance doesn't predict future results.

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 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

NOW

ServiceNow, Inc.

$137.02B

$132.53TechnologyDelayed quote: Sep 11, 2026, 4:00 PM EDT

Total return — FTNT vs NOW

growth of $100 · dividends reinvested · last 10y

FTNT +2058.3% (+36.0%/yr)NOW +779.7% (+24.3%/yr)FTNT compounded faster over this window

FTNT NOW

FTNT vs NOW: by the numbers

•NOW is the larger company ($137.02B vs $114.51B market cap).
•FTNT trades at the lower trailing earnings multiple (54.95 vs 82.83 P/E), one valuation lens rather than an overall verdict.
•FTNT converts more revenue to profit (28.17% vs 11.34% net margin).
•NOW grew revenue faster over the past five years (23.29% vs 20.93% CAGR).

Metrics side by side

Valuation

Metric	FTNT	NOW
P/E ratio	54.95	82.83
Forward P/E	45.24	32.55
P/S ratio	15.21	9.30
P/B ratio	73.83	10.95
EV / EBITDA	41.60	51.97
FCF yield	2.72%	3.34%

Profitability

Metric	FTNT	NOW
Gross margin	80.38%	74.77%
Operating margin	32.43%	11.40%
Net margin	28.17%	11.34%
ROE	136.72%	13.34%
ROIC	32.78%	5.54%

Growth (annualized)

Metric	FTNT	NOW
Revenue CAGR (5Y)	20.93%	23.29%
EPS CAGR (5Y)	32.39%	69.74%
FCF CAGR (5Y)	22.98%	24.63%
Total return CAGR (5Y)	20.67%	0.24%

Frequently asked

Which has the lower trailing P/E, FTNT or NOW?: FTNT has the lower trailing P/E: FTNT trades at 54.95 and NOW at 82.83. 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 20.93% CAGR versus NOW at 23.29%.
Is FTNT or NOW more profitable?: FTNT runs the higher net margin — FTNT at 28.17% versus NOW at 11.34%.
How have FTNT and NOW total returns compared?: Over the past 10 years, FTNT delivered 36.35% and NOW delivered 24.45% annualized total return. Past performance doesn't predict future results.

Go deeper

Full FTNT analysis Full NOW analysis Interactive comparison tool

Dig into the metrics

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

Fortinet & ServiceNow 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.