Fortinet, Inc. (FTNT) vs QUALCOMM Incorporated (QCOM)

A side-by-side comparison of Fortinet, Inc. and QUALCOMM Incorporated 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.

Compare

Total returnFTNT vs QCOM

growth of $100 · dividends reinvested · last 17y
FTNT +9424.1%QCOM +475.0%FTNT compounded faster
Log scale — wide-divergence pair
101001k10k100kStart $10020122015201820212024$9,524$575
FTNT QCOM

FTNT vs QCOM: by the numbers

  • QCOM is the larger company ($171.68B vs $109.88B market cap).
  • QCOM trades at the lower trailing earnings multiple (18.24 vs 58.83 P/E), one valuation lens rather than an overall verdict.
  • FTNT converts more revenue to profit (27.49% vs 22.31% net margin).
  • FTNT grew revenue faster over the past five years (21.13% vs 8.63% CAGR).
  • QCOM pays a dividend (2.11% yield), while FTNT has no payments in the available dividend history.

Metrics side by side

Valuation

MetricFTNTQCOM
P/E ratio58.8318.24
Forward P/E48.3315.79
P/S ratio15.924.10
P/B ratio114.376.68
PEG ratio4.643.18
EV / EBITDA45.3414.61
FCF yield2.15%6.86%

Profitability

MetricFTNTQCOM
Gross margin80.67%54.80%
Operating margin31.06%25.52%
Net margin27.49%22.31%
ROE197.48%36.38%
ROIC28.75%13.15%

Dividends

MetricFTNTQCOM
Dividend yieldN/A2.11%
Payout ratioN/A70.95%

Growth (annualized)

MetricFTNTQCOM
Revenue CAGR (5Y)21.13%8.63%
EPS CAGR (5Y)32.39%5.74%
FCF CAGR (5Y)21.24%9.39%
Total return CAGR (5Y)22.17%6.10%

Frequently asked

Which has the lower trailing P/E, FTNT or QCOM?
QCOM has the lower trailing P/E: FTNT trades at 58.83 and QCOM at 18.24. P/E is one valuation measure and does not by itself establish which business is cheaper.
Which has grown faster, FTNT or QCOM?
Over the past five years, FTNT grew revenue faster — FTNT at a 21.13% CAGR versus QCOM at 8.63%.
Does FTNT or QCOM pay a bigger dividend?
QCOM pays a dividend (2.11% yield), while FTNT has no payments in the available dividend history.
Is FTNT or QCOM more profitable?
FTNT runs the higher net margin — FTNT at 27.49% versus QCOM at 22.31%.
How have FTNT and QCOM total returns compared?
Over the past 10 years, FTNT delivered 34.87% and QCOM delivered 13.58% annualized total return. Past performance doesn't predict future results.

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.