Fortinet, Inc. (FTNT) vs Seagate Technology Holdings plc (STX)

A side-by-side comparison of Fortinet, Inc. and Seagate Technology Holdings plc 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 STX

growth of $100 · dividends reinvested · last 17y
FTNT +8806.6%STX +8046.2%FTNT compounded faster
05k10kStart $10020122015201820212024$8,907$8,146
FTNT STX

FTNT vs STX: by the numbers

  • STX is the larger company ($167.57B vs $109.88B market cap).
  • FTNT trades at the lower trailing earnings multiple (58.83 vs 77.51 P/E), one valuation lens rather than an overall verdict.
  • FTNT converts more revenue to profit (27.49% vs 21.60% net margin).
  • FTNT grew revenue faster over the past five years (21.13% vs -2.85% CAGR).
  • STX pays a dividend (0.36% yield), while FTNT has no payments in the available dividend history.

Metrics side by side

Valuation

MetricFTNTSTX
P/E ratio58.8377.51
Forward P/E48.3354.81
P/S ratio15.9216.99
P/B ratio114.37170.86
PEG ratio4.640.06
EV / EBITDA45.3456.15
FCF yield2.15%1.41%

Profitability

MetricFTNTSTX
Gross margin80.67%41.54%
Operating margin31.06%28.33%
Net margin27.49%21.60%
ROE197.48%217.17%
ROIC28.75%34.14%

Dividends

MetricFTNTSTX
Dividend yieldN/A0.36%
Payout ratioN/A42.42%

Growth (annualized)

MetricFTNTSTX
Revenue CAGR (5Y)21.13%-2.85%
EPS CAGR (5Y)32.39%12.64%
FCF CAGR (5Y)21.24%-6.26%
Total return CAGR (5Y)22.17%57.50%

Frequently asked

Which has the lower trailing P/E, FTNT or STX?
FTNT has the lower trailing P/E: FTNT trades at 58.83 and STX at 77.51. P/E is one valuation measure and does not by itself establish which business is cheaper.
Which has grown faster, FTNT or STX?
Over the past five years, FTNT grew revenue faster — FTNT at a 21.13% CAGR versus STX at -2.85%.
Does FTNT or STX pay a bigger dividend?
STX pays a dividend (0.36% yield), while FTNT has no payments in the available dividend history.
Is FTNT or STX more profitable?
FTNT runs the higher net margin — FTNT at 27.49% versus STX at 21.60%.
How have FTNT and STX total returns compared?
Over the past 10 years, FTNT delivered 34.87% and STX delivered 42.12% 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.