FTNT vs. GEN: Fortinet vs. Gen Digital Stock Comparison

November 11, 2026

How do Fortinet (FTNT) and Gen Digital (GEN) 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

Fortinet (FTNT) and Gen Digital (GEN) are both classified in the Systems Software sub-industry within the broader Software industry, placing them in the closest GICS peer bucket.

Company profile comparison for Fortinet (FTNT) and Gen Digital (GEN)
Profile Item	FTNT	GEN
Name	Fortinet, Inc.	Gen Digital 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	Systems Software	Systems Software
Market Capitalization	87.31 billion USD	17.67 billion USD
Currency	USD	USD
Exchange	Nasdaq	Nasdaq
Listing Date	November 18, 2009	June 23, 1989
Security Type	Common Stock	Common Stock

Price Performance

Cumulative Growth

FTNT

GEN

GSPC

Fortinet (FTNT) vs. Gen Digital (GEN), 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 Fortinet (FTNT) and Gen Digital (GEN). Returns over one year are annualized.

Calendar-Year Returns

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

Performance Metrics

Price performance metrics for Fortinet (FTNT) and Gen Digital (GEN)
Metric	FTNT	GEN
Total Return (1Y)	49.91%	18.20%
Total Return (3Y, Annualized)	35.15%	18.57%
Total Return (5Y, Annualized)	11.92%	5.70%

Risk Profile

Drawdown History

FTNT

GEN

GSPC

Fortinet (FTNT) vs. Gen Digital (GEN), 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 Fortinet (FTNT) and Gen Digital (GEN). Each bar is the share of months whose return fell in that 5% bucket.

Risk Metrics

Risk profile metrics for Fortinet (FTNT) and Gen Digital (GEN)
Metric	FTNT	GEN
Volatility (1Y, Annualized)	49.03%	43.30%
Beta (5Y)	1.07	1.23
Max Drawdown (5Y)	-38.98%	-48.41%
Avg. Volume (3M)	4.68M	8.39M

Risk-Adjusted Performance

Risk-Return Positioning

FTNT and GEN 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 Fortinet (FTNT) and Gen Digital (GEN)
Metric	FTNT	GEN
Sharpe Ratio (1Y)	0.93	0.32
Sortino Ratio (1Y)	1.37	0.50

Profitability

ROE (TTM)

Both companies show strong equity returns, but Fortinet (FTNT) at 153.08% is the standout with ROE above its industry range; Gen Digital (GEN) at 46.40% also sits in the top quartile.

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%

GEN

Software & Services industry group

46.40%

Max: 53.85%
GEN: 46.40%
Q3: 17.90%
Median: 6.59%
Q1: -9.59%
Min: -50.52%

Fortinet (FTNT) vs. Gen Digital (GEN): A comparison of their ROE against the Software & Services industry group benchmark.

Net Margin (TTM)

For every dollar of sales, both Fortinet (FTNT) at 28.96% and Gen Digital (GEN) at 23.07% retain more as net profit than most peers, landing in the top net margin quartile of their industries.

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%

GEN

Software & Services industry group

23.07%

Max: 41.17%
GEN: 23.07%
Q3: 15.28%
Median: 4.63%
Q1: -5.42%
Min: -33.17%

Fortinet (FTNT) vs. Gen Digital (GEN): A comparison of their net margin against the Software & Services industry group benchmark.

Operating Margin (TTM)

Both Fortinet (FTNT) at 33.82% and Gen Digital (GEN) at 37.40% convert sales into operating profit at a top-quartile rate, pointing to tighter cost discipline before financing and tax.

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%

GEN

Software & Services industry group

37.40%

Max: 46.89%
GEN: 37.40%
Q3: 17.64%
Median: 8.73%
Q1: -2.13%
Min: -30.45%

Fortinet (FTNT) vs. Gen Digital (GEN): A comparison of their operating margin against the Software & Services industry group benchmark.

Profitability Metrics

Profitability metrics for Fortinet (FTNT) and Gen Digital (GEN)
Metric	FTNT	GEN
ROE (TTM)	153.08%	46.40%
ROA (TTM)	15.22%	8.94%
Net Margin (TTM)	28.96%	23.07%
Operating Margin (TTM)	33.82%	37.40%
Gross Margin (TTM)	79.75%	77.41%

Growth

Revenue Growth

Gen Digital (GEN) at 27.06% sits in the top revenue growth quartile, while Fortinet (FTNT) at 14.17% is closer to the peer norm — faster top-line expansion for GEN.

Fortinet (FTNT) vs. Gen Digital (GEN): A comparison of their Revenue Growth across different time periods.

EPS Growth

Gen Digital (GEN) at 52.43% sits in the top EPS growth quartile, while Fortinet (FTNT) at 7.08% is closer to the peer norm — faster per-share earnings growth for GEN.

Fortinet (FTNT) vs. Gen Digital (GEN): A comparison of their EPS Growth across different time periods.

Growth Metrics

Growth metrics for Fortinet (FTNT) and Gen Digital (GEN)
Metric	FTNT	GEN
Revenue Growth (YoY)	14.17%	27.06%
Revenue Growth (3Y CAGR)	15.46%	14.66%
EPS Growth (YoY)	7.08%	52.43%
EPS Growth (3Y CAGR)	31.68%	-10.09%

Financial Strength

Current Ratio (MRQ)

Fortinet (FTNT) at 1.40 keeps current ratio within its industry’s typical mid-range, while Gen Digital (GEN) at 0.37 runs in the tighter-liquidity quartile — a thinner cushion against current liabilities for GEN.

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

GEN

Software & Services industry group

0.37

Max: 5.11
Q3: 2.77
Median: 1.67
Q1: 1.01
GEN: 0.37
Min: 0.03

Fortinet (FTNT) vs. Gen Digital (GEN): A comparison of their current ratio against the Software & Services industry group benchmark.

Debt / Equity (MRQ)

Fortinet (FTNT) at 0.25 is near its industry mid-range for debt-to-equity ratio, while Gen Digital (GEN) at 2.96 sits above its benchmark range, pointing to a heavier debt load relative to equity.

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

GEN

Software & Services industry group

2.96

GEN: 2.96
Max: 2.52
Q3: 1.13
Median: 0.40
Q1: 0.07
Min: 0.00

Fortinet (FTNT) vs. Gen Digital (GEN): A comparison of their debt-to-equity ratio against the Software & Services industry group benchmark.

Financial Strength Metrics

Financial strength metrics for Fortinet (FTNT) and Gen Digital (GEN)
Metric	FTNT	GEN
Current Ratio (MRQ)	1.40	0.37
Debt / Equity (MRQ)	0.25	2.96
Net Debt / EBITDA	-1.54	3.02

Dividends

Dividend Yield (TTM)

Fortinet (FTNT) pays no dividend (yield 0.00%) — it may be reinvesting, using buybacks, or simply not returning cash through dividends. Meanwhile Gen Digital (GEN) reports a yield of 1.63%, ranking against industry peers normally.

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%

GEN

Software & Services industry group

1.63%

GEN: 1.63%
Max: 0.00%
Q3: 0.00%
Median: 0.00%
Q1: 0.00%
Min: 0.00%

Fortinet (FTNT) vs. Gen Digital (GEN): A comparison of their dividend yield against the Software & Services industry group benchmark.

Dividend Payout Ratio (TTM)

Fortinet (FTNT) pays no dividend (payout 0.00%) — it may be reinvesting, using buybacks, or simply not returning cash through dividends. Meanwhile Gen Digital (GEN) reports a payout of 25.38%, ranking against industry peers normally.

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%

GEN

Software & Services industry group

25.38%

GEN: 25.38%
Max: 0.00%
Q3: 0.00%
Median: 0.00%
Q1: 0.00%
Min: 0.00%

Fortinet (FTNT) vs. Gen Digital (GEN): A comparison of their payout ratio against the Software & Services industry group benchmark.

Dividend Metrics

Dividend metrics for Fortinet (FTNT) and Gen Digital (GEN)
Metric	FTNT	GEN
Dividend Yield (TTM)	0.00%	1.63%
Dividend Payout Ratio (TTM)	0.00%	25.38%

Valuation

P/E Ratio (TTM)

Gen Digital (GEN) at 15.12 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 GEN, though growth and earnings durability still matter.

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

GEN

Software & Services industry group

15.12

Max: 112.94
Q3: 60.32
Median: 32.91
Q1: 18.77
GEN: 15.12
Min: 6.69

Fortinet (FTNT) vs. Gen Digital (GEN): A comparison of their P/E ratio against the Software & Services industry group benchmark.

P/S Ratio (TTM)

Gen Digital (GEN) at 3.38 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.

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

GEN

Software & Services industry group

3.38

Max: 17.91
Q3: 8.78
Median: 4.25
GEN: 3.38
Q1: 2.23
Min: 0.02

Fortinet (FTNT) vs. Gen Digital (GEN): A comparison of their P/S ratio against the Software & Services industry group benchmark.

P/B Ratio (MRQ)

Gen Digital (GEN) at 6.45 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.

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

GEN

Software & Services industry group

6.45

Max: 16.63
Q3: 8.50
GEN: 6.45
Median: 4.30
Q1: 1.92
Min: -3.90

Fortinet (FTNT) vs. Gen Digital (GEN): A comparison of their P/B ratio against the Software & Services industry group benchmark.

Valuation Metrics

Valuation metrics for Fortinet (FTNT) and Gen Digital (GEN)
Metric	FTNT	GEN
P/E Ratio (TTM)	38.84	15.12
P/S Ratio (TTM)	11.08	3.38
P/B Ratio (MRQ)	38.85	6.45
Free Cash Flow Yield (TTM)	2.85%	10.25%