FTNT vs PANW
Fortinet, Inc. (FTNT) and Palo Alto Networks Inc (PANW) are both filed with the SEC under Computer Peripheral Equipment, NEC. PANW is 2.5× FTNT's size by market cap ($312.0B against $126.8B); PANW trades at the higher fiscal-year P/E (239.3× against 71.4×); FTNT reports the higher net margin (27.3% against 12.3%); PANW grew sales faster over three years (+18.8% against +15.5%); and over the past year FTNT returned +109.4% against PANW's +94.5%.
| FTNT | PANW | |
|---|---|---|
| Last close | $166.00 | $371.59 |
| Market cap | $126.8B | $312.0B |
| P/E (FY) | 71.4× | 239.3× |
| P/S | 18.6× | 33.8× |
| EV/EBITDA | 56.0× | — |
| Gross margin | 80.5% | 73.4% |
| Operating margin | 30.7% | 13.5% |
| Net margin | 27.3% | 12.3% |
| Return on equity | 135.7% | 17.5% |
| Sales growth (3y) | +15.5% | +18.8% |
| EPS growth (3y) | +31.7% | — |
| 1-year return | +109.4% | +94.5% |
Screener snapshot — prices as of 2026-08-28. Each side's last close is the most recent session the snapshot holds for that company, which can be an earlier one, and its 1-year return is measured to that close. Market caps struck on 2026-08-27. Last close, market cap and the 1-year return are price figures; every other row is computed over the company's latest filed fiscal year, and the two differ: FTNT FY2025 (ended 2025-12-31); PANW FY2025 (ended 2025-07-31). A return on equity past ±100% — FTNT at 135.7% — divides earnings by an average filed equity base smaller in magnitude than the earnings themselves; the two columns are not on one scale. — not published for this company. A ratio goes unpublished for more than one reason: a component the calculation needs is not on file, the filing does not tag the line it is read from, or the calculation is not defined on the filed basis — EV/EBITDA is not printed on non-positive EBITDA, and return on equity is not computed on a zero or negative equity base.
Who holds them, and who has traded them
| FTNT | PANW | |
|---|---|---|
| Institutional holders (13F) | 1,313 | 2,443 |
| Insider buyers − sellers (180d) | -4 | -5 |
| Congressional trades disclosed (180d) | 4 | 10 |
| Executive-branch officials on file — trades disclosed (180d) | 10 | 18 |
Counts only. The congressional figures count transactions dated in the trailing 180 days and disclosed in STOCK Act periodic transaction reports; amounts are filed as ranges and are never summed. The executive-branch figures count the same window of transactions, and they are scoped to one roster. The officials OGE posts for direct download. Insider buyers − sellers counts distinct people filing open-market Form 4 purchases minus distinct people filing open-market sales over the trailing 180 days, capped at ±5.
FTNT vs PANW: common questions
- Is FTNT bigger than PANW?
- PANW carries the larger market cap — $312.0B against $126.8B, both struck on 2026-08-27.
- Which trades at a higher P/E, FTNT or PANW?
- PANW, at a fiscal-year 239.3× against 71.4× for FTNT. Both are price ÷ latest full-year diluted earnings per share, not a trailing-twelve-month P/E.
- How have FTNT and PANW performed over the past year?
- FTNT returned +109.4% and PANW +94.5%, measured on the trailing calendar year to the last close.
- How many institutions hold FTNT and PANW?
- 1,313 13F filers report a position in FTNT and 2,443 in PANW, on the latest quarter in the panel.
- Are FTNT and PANW in the same industry?
- Both are filed with the SEC under Computer Peripheral Equipment, NEC, which is the classification this pairing is built on.
FTNT overview → · PANW overview → · FTNT institutional ownership → · PANW institutional ownership → · Congress and FTNT → · Congress and PANW → · Executive branch and FTNT → · Executive branch and PANW →
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Source: SPZCO — https://spzco.com/vs/ftnt-vs-panw