ADBE vs. FTNT: Adobe vs. Fortinet Stock Comparison
How do Adobe (ADBE) and Fortinet (FTNT) stack up? This page sets them side by side across company profile, performance and risk, profitability, growth, financial strength, dividends, and valuation, with selected fundamentals also measured against each stock's industry-group peers.
Company Profile
Adobe (ADBE) and Fortinet (FTNT) both belong to the Software industry, though ADBE is classified under Application Software while FTNT falls under Systems Software.
| Profile Item | ADBE | FTNT |
|---|---|---|
| Name | Adobe Inc. | Fortinet, Inc. |
| Country/Region | United States | United States |
| GICS Sector | Information Technology | Information Technology |
| GICS Industry Group | Software & Services | Software & Services |
| GICS Industry | Software | Software |
| GICS Sub-Industry | Application Software | Systems Software |
| Market Capitalization | 93.14 billion USD | 87.31 billion USD |
| Currency | USD | USD |
| Exchange | Nasdaq | Nasdaq |
| Listing Date | August 13, 1986 | November 18, 2009 |
| Security Type | Common Stock | Common Stock |
Price Performance
Cumulative Growth
Trailing Returns
Calendar-Year Returns
Performance Metrics
| Metric | ADBE | FTNT |
|---|---|---|
| Total Return (1Y) | -27.09% | 49.91% |
| Total Return (3Y, Annualized) | -25.55% | 35.15% |
| Total Return (5Y, Annualized) | -18.62% | 11.92% |
Risk Profile
Drawdown History
Return Distribution
Risk Metrics
| Metric | ADBE | FTNT |
|---|---|---|
| Volatility (1Y, Annualized) | 41.62% | 49.03% |
| Beta (5Y) | 1.38 | 1.07 |
| Max Drawdown (5Y) | -71.90% | -38.98% |
| Avg. Volume (3M) | 4.61M | 4.68M |
Risk-Adjusted Performance
Risk-Return Positioning
Risk-Adjusted Metrics
| Metric | ADBE | FTNT |
|---|---|---|
| Sharpe Ratio (1Y) | -0.75 | 0.93 |
| Sortino Ratio (1Y) | -1.04 | 1.37 |
Profitability
ROE (TTM)
Both Adobe (ADBE) at 61.90% and Fortinet (FTNT) at 153.08% turn shareholders’ equity into profit at rates above their industry benchmark ranges for ROE. That is a strong capital-efficiency signal, though leverage and the equity base still matter.
ADBE
Software & Services industry group
61.90%
- ADBE
- 61.90%
- Max
- 53.85%
- Q3
- 17.90%
- Median
- 6.59%
- Q1
- -9.59%
- Min
- -50.52%
FTNT
Software & Services industry group
153.08%
- FTNT
- 153.08%
- Max
- 53.85%
- Q3
- 17.90%
- Median
- 6.59%
- Q1
- -9.59%
- Min
- -50.52%
Net Margin (TTM)
For every dollar of sales, both Adobe (ADBE) at 28.05% and Fortinet (FTNT) at 28.96% retain more as net profit than most peers, landing in the top net margin quartile of their industries.
ADBE
Software & Services industry group
28.05%
- Max
- 41.17%
- ADBE
- 28.05%
- Q3
- 15.28%
- Median
- 4.63%
- Q1
- -5.42%
- Min
- -33.17%
FTNT
Software & Services industry group
28.96%
- Max
- 41.17%
- FTNT
- 28.96%
- Q3
- 15.28%
- Median
- 4.63%
- Q1
- -5.42%
- Min
- -33.17%
Operating Margin (TTM)
Both Adobe (ADBE) at 34.82% and Fortinet (FTNT) at 33.82% convert sales into operating profit at a top-quartile rate, pointing to tighter cost discipline before financing and tax.
ADBE
Software & Services industry group
34.82%
- Max
- 46.89%
- ADBE
- 34.82%
- Q3
- 17.64%
- Median
- 8.73%
- Q1
- -2.13%
- Min
- -30.45%
FTNT
Software & Services industry group
33.82%
- Max
- 46.89%
- FTNT
- 33.82%
- Q3
- 17.64%
- Median
- 8.73%
- Q1
- -2.13%
- Min
- -30.45%
Profitability Metrics
| Metric | ADBE | FTNT |
|---|---|---|
| ROE (TTM) | 61.90% | 153.08% |
| ROA (TTM) | 20.08% | 15.22% |
| Net Margin (TTM) | 28.05% | 28.96% |
| Operating Margin (TTM) | 34.82% | 33.82% |
| Gross Margin (TTM) | 89.25% | 79.75% |
Growth
Revenue Growth
Both Adobe (ADBE) at 10.53% and Fortinet (FTNT) at 14.17% land near their industries' usual revenue growth ranges, so top-line momentum looks broadly in line with peers on both sides.
EPS Growth
Both Adobe (ADBE) at 35.11% and Fortinet (FTNT) at 7.08% land near their industries' usual EPS growth ranges, so bottom-line momentum looks broadly in line with peers on both sides.
Growth Metrics
| Metric | ADBE | FTNT |
|---|---|---|
| Revenue Growth (YoY) | 10.53% | 14.17% |
| Revenue Growth (3Y CAGR) | 10.52% | 15.46% |
| EPS Growth (YoY) | 35.11% | 7.08% |
| EPS Growth (3Y CAGR) | 18.25% | 31.68% |
Financial Strength
Current Ratio (MRQ)
Fortinet (FTNT) at 1.40 keeps current ratio within its industry’s typical mid-range, while Adobe (ADBE) at 0.77 runs in the tighter-liquidity quartile — a thinner cushion against current liabilities for ADBE.
ADBE
Software & Services industry group
0.77
- Max
- 5.11
- Q3
- 2.77
- Median
- 1.67
- Q1
- 1.01
- ADBE
- 0.77
- Min
- 0.03
FTNT
Software & Services industry group
1.40
- Max
- 5.11
- Q3
- 2.77
- Median
- 1.67
- FTNT
- 1.40
- Q1
- 1.01
- Min
- 0.03
Debt / Equity (MRQ)
Both Adobe (ADBE) at 0.58 and Fortinet (FTNT) at 0.25 fund their balance sheets with roughly industry-typical debt-to-equity mixes.
ADBE
Software & Services industry group
0.58
- Max
- 2.52
- Q3
- 1.13
- ADBE
- 0.58
- Median
- 0.40
- Q1
- 0.07
- Min
- 0.00
FTNT
Software & Services industry group
0.25
- Max
- 2.52
- Q3
- 1.13
- Median
- 0.40
- FTNT
- 0.25
- Q1
- 0.07
- Min
- 0.00
Financial Strength Metrics
| Metric | ADBE | FTNT |
|---|---|---|
| Current Ratio (MRQ) | 0.77 | 1.40 |
| Debt / Equity (MRQ) | 0.58 | 0.25 |
| Net Debt / EBITDA | 0.12 | -1.54 |
Dividends
Dividend Yield (TTM)
Neither Adobe (ADBE) nor Fortinet (FTNT) pays a dividend this period — they may reinvest, use buybacks, or simply not return cash through dividends.
ADBE
Software & Services industry group
0.00%
- ADBE
- 0.00%
- Max
- 0.00%
- Q3
- 0.00%
- Median
- 0.00%
- Q1
- 0.00%
- Min
- 0.00%
FTNT
Software & Services industry group
0.00%
- FTNT
- 0.00%
- Max
- 0.00%
- Q3
- 0.00%
- Median
- 0.00%
- Q1
- 0.00%
- Min
- 0.00%
Dividend Payout Ratio (TTM)
Neither Adobe (ADBE) nor Fortinet (FTNT) pays a dividend this period — they may reinvest, use buybacks, or simply not return cash through dividends.
ADBE
Software & Services industry group
0.00%
- ADBE
- 0.00%
- Max
- 0.00%
- Q3
- 0.00%
- Median
- 0.00%
- Q1
- 0.00%
- Min
- 0.00%
FTNT
Software & Services industry group
0.00%
- FTNT
- 0.00%
- Max
- 0.00%
- Q3
- 0.00%
- Median
- 0.00%
- Q1
- 0.00%
- Min
- 0.00%
Dividend Metrics
| Metric | ADBE | FTNT |
|---|---|---|
| Dividend Yield (TTM) | 0.00% | 0.00% |
| Dividend Payout Ratio (TTM) | 0.00% | 0.00% |
Valuation
P/E Ratio (TTM)
Adobe (ADBE) at 13.36 sits in the cheaper P/E ratio quartile, while Fortinet (FTNT) at 38.84 is closer to its industry’s usual earnings multiple — a discount for ADBE, though growth and earnings durability still matter.
ADBE
Software & Services industry group
13.36
- Max
- 112.94
- Q3
- 60.32
- Median
- 32.91
- Q1
- 18.77
- ADBE
- 13.36
- Min
- 6.69
FTNT
Software & Services industry group
38.84
- Max
- 112.94
- Q3
- 60.32
- FTNT
- 38.84
- Median
- 32.91
- Q1
- 18.77
- Min
- 6.69
P/S Ratio (TTM)
Adobe (ADBE) at 3.59 is priced about in line with its industry on P/S ratio, while Fortinet (FTNT) at 11.08 sits in the pricier quartile — FTNT costs more per dollar of sales.
ADBE
Software & Services industry group
3.59
- Max
- 17.91
- Q3
- 8.78
- Median
- 4.25
- ADBE
- 3.59
- Q1
- 2.23
- Min
- 0.02
FTNT
Software & Services industry group
11.08
- Max
- 17.91
- FTNT
- 11.08
- Q3
- 8.78
- Median
- 4.25
- Q1
- 2.23
- Min
- 0.02
P/B Ratio (MRQ)
Adobe (ADBE) at 7.95 sits near its industry’s typical P/B ratio, while Fortinet (FTNT) at 38.85 prices above its benchmark range — FTNT looks rich relative to book.
ADBE
Software & Services industry group
7.95
- Max
- 16.63
- Q3
- 8.50
- ADBE
- 7.95
- Median
- 4.30
- Q1
- 1.92
- Min
- -3.90
FTNT
Software & Services industry group
38.85
- FTNT
- 38.85
- Max
- 16.63
- Q3
- 8.50
- Median
- 4.30
- Q1
- 1.92
- Min
- -3.90
Valuation Metrics
| Metric | ADBE | FTNT |
|---|---|---|
| P/E Ratio (TTM) | 13.36 | 38.84 |
| P/S Ratio (TTM) | 3.59 | 11.08 |
| P/B Ratio (MRQ) | 7.95 | 38.85 |
| Free Cash Flow Yield (TTM) | 10.03% | 2.85% |