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.
FTNT
Fortinet, Inc.
$149.98TechnologyDelayed quote: Jul 28, 2026, 4:00 PM EDT
QCOM
QUALCOMM Incorporated
$162.88TechnologyDelayed quote: Jul 28, 2026, 4:00 PM EDT
Total return — FTNT vs QCOM
growth of $100 · dividends reinvested · last 17yFTNT +9424.1%QCOM +475.0%FTNT compounded faster
Log scale — wide-divergence pair
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
| Metric | FTNT | QCOM |
|---|---|---|
| P/E ratio | 58.83 | 18.24 |
| Forward P/E | 48.33 | 15.79 |
| P/S ratio | 15.92 | 4.10 |
| P/B ratio | 114.37 | 6.68 |
| PEG ratio | 4.64 | 3.18 |
| EV / EBITDA | 45.34 | 14.61 |
| FCF yield | 2.15% | 6.86% |
Profitability
| Metric | FTNT | QCOM |
|---|---|---|
| Gross margin | 80.67% | 54.80% |
| Operating margin | 31.06% | 25.52% |
| Net margin | 27.49% | 22.31% |
| ROE | 197.48% | 36.38% |
| ROIC | 28.75% | 13.15% |
Dividends
| Metric | FTNT | QCOM |
|---|---|---|
| Dividend yield | N/A | 2.11% |
| Payout ratio | N/A | 70.95% |
Growth (annualized)
| Metric | FTNT | QCOM |
|---|---|---|
| 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.
Go deeper
Dig into the metrics
Fortinet P/E ratioQUALCOMM P/E ratioFortinet dividend yieldQUALCOMM dividend yieldFortinet ROEQUALCOMM ROEFortinet operating marginQUALCOMM operating marginFortinet revenue growthQUALCOMM revenue growthFortinet free cash flowQUALCOMM free cash flow
Fortinet & QUALCOMM 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.