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 September 11, 2026. Differences are shown without an overall score or investment verdict.
FTNT
Fortinet, Inc.
$156.07TechnologyDelayed quote: Sep 11, 2026, 4:00 PM EDT
QCOM
QUALCOMM Incorporated
$181.97TechnologyDelayed quote: Sep 11, 2026, 4:00 PM EDT
Total return — FTNT vs QCOM
growth of $100 · dividends reinvested · last 10yFTNT +2117.5% (+36.3%/yr)QCOM +266.0% (+13.9%/yr)FTNT compounded faster over this window
Log scale — wide-divergence pair
FTNT QCOM
FTNT vs QCOM: by the numbers
- •QCOM is the larger company ($191.07B vs $114.51B market cap).
- •QCOM trades at the lower trailing earnings multiple (20.77 vs 54.95 P/E), one valuation lens rather than an overall verdict.
- •FTNT converts more revenue to profit (28.17% vs 21.01% net margin).
- •FTNT grew revenue faster over the past five years (20.93% vs 6.23% CAGR).
- •QCOM pays a dividend (2.05% yield), while FTNT has no payments in the available dividend history.
Metrics side by side
Valuation
| Metric | FTNT | QCOM |
|---|---|---|
| P/E ratio | 54.95 | 20.77 |
| Forward P/E | 45.24 | 17.26 |
| P/S ratio | 15.21 | 4.34 |
| P/B ratio | 73.83 | 6.91 |
| EV / EBITDA | 41.60 | 17.11 |
| FCF yield | 2.72% | 5.45% |
Profitability
| Metric | FTNT | QCOM |
|---|---|---|
| Gross margin | 80.38% | 54.23% |
| Operating margin | 32.43% | 23.19% |
| Net margin | 28.17% | 21.01% |
| ROE | 136.72% | 33.48% |
| ROIC | 32.78% | 17.42% |
Dividends
| Metric | FTNT | QCOM |
|---|---|---|
| Dividend yield | N/A | 2.05% |
| Payout ratio | N/A | 41.32% |
Growth (annualized)
| Metric | FTNT | QCOM |
|---|---|---|
| Revenue CAGR (5Y) | 20.93% | 6.23% |
| EPS CAGR (5Y) | 32.39% | 2.02% |
| FCF CAGR (5Y) | 22.98% | 2.09% |
| Total return CAGR (5Y) | 20.67% | 6.80% |
Frequently asked
- Which has the lower trailing P/E, FTNT or QCOM?
- QCOM has the lower trailing P/E: FTNT trades at 54.95 and QCOM at 20.77. 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 20.93% CAGR versus QCOM at 6.23%.
- Does FTNT or QCOM pay a bigger dividend?
- QCOM pays a dividend (2.05% 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 28.17% versus QCOM at 21.01%.
- How have FTNT and QCOM total returns compared?
- Over the past 10 years, FTNT delivered 36.35% and QCOM delivered 14.33% annualized total return. Past performance doesn't predict future results.
Go deeper
Dig into the metrics
Fortinet P/E ratioQUALCOMM P/E ratioQUALCOMM 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 September 11, 2026.