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DDOG vs. FTNT: Datadog vs. Fortinet Stock Comparison

How do Datadog (DDOG) 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

Datadog (DDOG) and Fortinet (FTNT) both belong to the Software industry, though DDOG is classified under Application Software while FTNT falls under Systems Software.

Company profile comparison for Datadog (DDOG) and Fortinet (FTNT)
Profile ItemDDOGFTNT
NameDatadog Inc. Class AFortinet, Inc.
Country/RegionUnited StatesUnited States
GICS SectorInformation TechnologyInformation Technology
GICS Industry GroupSoftware & ServicesSoftware & Services
GICS IndustrySoftwareSoftware
GICS Sub-IndustryApplication SoftwareSystems Software
Market Capitalization64.64 billion USD87.31 billion USD
CurrencyUSDUSD
ExchangeNasdaqNasdaq
Listing DateSeptember 19, 2019November 18, 2009
Security TypeCommon StockCommon Stock

Price Performance

Cumulative Growth

DDOG
FTNT
GSPC
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Datadog (DDOG) vs. Fortinet (FTNT), with S&P 500 (GSPC) for reference: Growth of a $10,000 investment over the past five years. Adjusted for dividends and splits.

Trailing Returns

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Trailing total returns for Datadog (DDOG) and Fortinet (FTNT). Returns over one year are annualized.

Calendar-Year Returns

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Calendar-year total returns for Datadog (DDOG) and Fortinet (FTNT). Each bar is that year's total return, measured year-end to year-end.

Performance Metrics

Price performance metrics for Datadog (DDOG) and Fortinet (FTNT)
MetricDDOGFTNT
Total Return (1Y)-5.64%49.91%
Total Return (3Y, Annualized)21.65%35.15%
Total Return (5Y, Annualized)-1.69%11.92%

Risk Profile

Drawdown History

DDOG
FTNT
GSPC
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Datadog (DDOG) vs. Fortinet (FTNT), with S&P 500 (GSPC) for reference: Drawdown from the running peak over the past five years. Each line shows the decline from its prior peak; 0% marks a new high.

Return Distribution

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Distribution of monthly total returns for Datadog (DDOG) and Fortinet (FTNT). Each bar is the share of months whose return fell in that 5% bucket.

Risk Metrics

Risk profile metrics for Datadog (DDOG) and Fortinet (FTNT)
MetricDDOGFTNT
Volatility (1Y, Annualized)70.49%49.03%
Beta (5Y)1.571.07
Max Drawdown (5Y)-68.11%-38.98%
Avg. Volume (3M)3.82M4.68M

Risk-Adjusted Performance

Risk-Return Positioning

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DDOG and FTNT are plotted by 1-year volatility (risk) and 1-year return. The dashed Capital Allocation Line runs from the risk-free rate through the shared industry median.

Risk-Adjusted Metrics

Risk-adjusted metrics for Datadog (DDOG) and Fortinet (FTNT)
MetricDDOGFTNT
Sharpe Ratio (1Y)-0.140.93
Sortino Ratio (1Y)-0.211.37

Profitability

ROE (TTM)

Fortinet (FTNT) at 153.08% clears its industry range for ROE, a sharper capital-efficiency signal than Datadog (DDOG) at 6.43%, which is closer to a typical peer reading.

DDOG

Software & Services industry group

6.43%

Max
53.85%
Q3
17.90%
Median
6.59%
DDOG
6.43%
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%
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Datadog (DDOG) vs. Fortinet (FTNT): A comparison of their ROE against the Software & Services industry group benchmark.

Net Margin (TTM)

Fortinet (FTNT) at 28.96% retains a top-quartile share of revenue as profit, ahead of Datadog (DDOG) at 6.12%, which keeps about the industry-typical share.

DDOG

Software & Services industry group

6.12%

Max
41.17%
Q3
15.28%
DDOG
6.12%
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%
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Datadog (DDOG) vs. Fortinet (FTNT): A comparison of their net margin against the Software & Services industry group benchmark.

Operating Margin (TTM)

Fortinet (FTNT) at 33.82% operates in the top operating margin quartile, ahead of Datadog (DDOG) at 6.33%, which runs around its industry’s norm.

DDOG

Software & Services industry group

6.33%

Max
46.89%
Q3
17.64%
Median
8.73%
DDOG
6.33%
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%
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Datadog (DDOG) vs. Fortinet (FTNT): A comparison of their operating margin against the Software & Services industry group benchmark.

Profitability Metrics

Profitability metrics for Datadog (DDOG) and Fortinet (FTNT)
MetricDDOGFTNT
ROE (TTM)6.43%153.08%
ROA (TTM)0.91%15.22%
Net Margin (TTM)6.12%28.96%
Operating Margin (TTM)6.33%33.82%
Gross Margin (TTM)79.61%79.75%

Growth

Revenue Growth

Datadog (DDOG) at 27.68% sits in the top revenue growth quartile, while Fortinet (FTNT) at 14.17% is closer to the peer norm — faster top-line expansion for DDOG.

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Datadog (DDOG) vs. Fortinet (FTNT): A comparison of their Revenue Growth across different time periods.

EPS Growth

Fortinet (FTNT) at 7.08% is around its peer norm for EPS growth, while Datadog (DDOG) at -40.38% drops into the bottom quartile, signaling weaker earnings momentum.

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Datadog (DDOG) vs. Fortinet (FTNT): A comparison of their EPS Growth across different time periods.

Growth Metrics

Growth metrics for Datadog (DDOG) and Fortinet (FTNT)
MetricDDOGFTNT
Revenue Growth (YoY)27.68%14.17%
Revenue Growth (3Y CAGR)26.95%15.46%
EPS Growth (YoY)-40.38%7.08%
EPS Growth (3Y CAGR)--31.68%

Financial Strength

Current Ratio (MRQ)

Fortinet (FTNT) at 1.40 keeps current ratio within its industry’s typical mid-range, while Datadog (DDOG) at 3.51 sits above its industry’s typical mid-range — comfortable liquidity, though possibly with more idle current assets relative to peers.

DDOG

Software & Services industry group

3.51

Max
5.11
DDOG
3.51
Q3
2.77
Median
1.67
Q1
1.01
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
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Datadog (DDOG) vs. Fortinet (FTNT): A comparison of their current ratio against the Software & Services industry group benchmark.

Debt / Equity (MRQ)

Both Datadog (DDOG) at 0.28 and Fortinet (FTNT) at 0.25 fund their balance sheets with roughly industry-typical debt-to-equity mixes.

DDOG

Software & Services industry group

0.28

Max
2.52
Q3
1.13
Median
0.40
DDOG
0.28
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
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Datadog (DDOG) vs. Fortinet (FTNT): A comparison of their debt-to-equity ratio against the Software & Services industry group benchmark.

Financial Strength Metrics

Financial strength metrics for Datadog (DDOG) and Fortinet (FTNT)
MetricDDOGFTNT
Current Ratio (MRQ)3.511.40
Debt / Equity (MRQ)0.280.25
Net Debt / EBITDA-23.06-1.54

Dividends

Dividend Yield (TTM)

Neither Datadog (DDOG) nor Fortinet (FTNT) pays a dividend this period — they may reinvest, use buybacks, or simply not return cash through dividends.

DDOG

Software & Services industry group

0.00%

DDOG
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%
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Datadog (DDOG) vs. Fortinet (FTNT): A comparison of their dividend yield against the Software & Services industry group benchmark.

Dividend Payout Ratio (TTM)

Neither Datadog (DDOG) nor Fortinet (FTNT) pays a dividend this period — they may reinvest, use buybacks, or simply not return cash through dividends.

DDOG

Software & Services industry group

0.00%

DDOG
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%
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Datadog (DDOG) vs. Fortinet (FTNT): A comparison of their payout ratio against the Software & Services industry group benchmark.

Dividend Metrics

Dividend metrics for Datadog (DDOG) and Fortinet (FTNT)
MetricDDOGFTNT
Dividend Yield (TTM)0.00%0.00%
Dividend Payout Ratio (TTM)0.00%0.00%

Valuation

P/E Ratio (TTM)

Fortinet (FTNT) at 38.84 is near its industry’s usual P/E ratio, while Datadog (DDOG) at 248.67 sits above its peer range — an unusually expensive price for DDOG’s trailing earnings.

DDOG

Software & Services industry group

248.67

DDOG
248.67
Max
112.94
Q3
60.32
Median
32.91
Q1
18.77
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
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Datadog (DDOG) vs. Fortinet (FTNT): A comparison of their P/E ratio against the Software & Services industry group benchmark.

P/S Ratio (TTM)

Both Datadog (DDOG) at 15.11 and Fortinet (FTNT) at 11.08 command a richer price per dollar of sales than most peers, sitting in the upper P/S ratio quartile of their industries.

DDOG

Software & Services industry group

15.11

Max
17.91
DDOG
15.11
Q3
8.78
Median
4.25
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
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Datadog (DDOG) vs. Fortinet (FTNT): A comparison of their P/S ratio against the Software & Services industry group benchmark.

P/B Ratio (MRQ)

Both look rich against book: Datadog (DDOG) at 13.71 sits in the upper P/B ratio quartile, and Fortinet (FTNT) at 38.85 prices even higher, above its industry range.

DDOG

Software & Services industry group

13.71

Max
16.63
DDOG
13.71
Q3
8.50
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
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Datadog (DDOG) vs. Fortinet (FTNT): A comparison of their P/B ratio against the Software & Services industry group benchmark.

Valuation Metrics

Valuation metrics for Datadog (DDOG) and Fortinet (FTNT)
MetricDDOGFTNT
P/E Ratio (TTM)248.6738.84
P/S Ratio (TTM)15.1111.08
P/B Ratio (MRQ)13.7138.85
Free Cash Flow Yield (TTM)1.65%2.85%