FTNT vs. GWRE: Fortinet vs. Guidewire Software Stock Comparison
How do Fortinet (FTNT) and Guidewire Software (GWRE) 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 Guidewire Software (GWRE) both belong to the Software industry, though FTNT is classified under Systems Software while GWRE falls under Application Software.
| Profile Item | FTNT | GWRE |
|---|---|---|
| Name | Fortinet, Inc. | Guidewire Software 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 | Application Software |
| Market Capitalization | 87.31 billion USD | 13.34 billion USD |
| Currency | USD | USD |
| Exchange | Nasdaq | NYSE |
| Listing Date | November 18, 2009 | January 25, 2012 |
| Security Type | Common Stock | Common Stock |
Price Performance
Cumulative Growth
Trailing Returns
Calendar-Year Returns
Performance Metrics
| Metric | FTNT | GWRE |
|---|---|---|
| Total Return (1Y) | 49.91% | -25.97% |
| Total Return (3Y, Annualized) | 35.15% | 21.68% |
| Total Return (5Y, Annualized) | 11.92% | 4.78% |
Risk Profile
Drawdown History
Return Distribution
Risk Metrics
| Metric | FTNT | GWRE |
|---|---|---|
| Volatility (1Y, Annualized) | 49.03% | 62.03% |
| Beta (5Y) | 1.07 | 0.99 |
| Max Drawdown (5Y) | -38.98% | -60.79% |
| Avg. Volume (3M) | 4.68M | 1.29M |
Risk-Adjusted Performance
Risk-Return Positioning
Risk-Adjusted Metrics
| Metric | FTNT | GWRE |
|---|---|---|
| Sharpe Ratio (1Y) | 0.93 | -0.49 |
| Sortino Ratio (1Y) | 1.37 | -0.68 |
Profitability
ROE (TTM)
Fortinet (FTNT) at 153.08% clears its industry range for ROE, a sharper capital-efficiency signal than Guidewire Software (GWRE) at 10.51%, which is closer to a typical peer reading.
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%
GWRE
Software & Services industry group
10.51%
- Max
- 53.85%
- Q3
- 17.90%
- GWRE
- 10.51%
- Median
- 6.59%
- Q1
- -9.59%
- Min
- -50.52%
Net Margin (TTM)
Fortinet (FTNT) at 28.96% retains a top-quartile share of revenue as profit, ahead of Guidewire Software (GWRE) at 9.44%, which keeps about the industry-typical share.
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%
GWRE
Software & Services industry group
9.44%
- Max
- 41.17%
- Q3
- 15.28%
- GWRE
- 9.44%
- Median
- 4.63%
- Q1
- -5.42%
- Min
- -33.17%
Operating Margin (TTM)
Fortinet (FTNT) at 33.82% operates in the top operating margin quartile, ahead of Guidewire Software (GWRE) at 15.16%, which runs around its industry’s norm.
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%
GWRE
Software & Services industry group
15.16%
- Max
- 46.89%
- Q3
- 17.64%
- GWRE
- 15.16%
- Median
- 8.73%
- Q1
- -2.13%
- Min
- -30.45%
Profitability Metrics
| Metric | FTNT | GWRE |
|---|---|---|
| ROE (TTM) | 153.08% | 10.51% |
| ROA (TTM) | 15.22% | 3.54% |
| Net Margin (TTM) | 28.96% | 9.44% |
| Operating Margin (TTM) | 33.82% | 15.16% |
| Gross Margin (TTM) | 79.75% | 64.21% |
Growth
Revenue Growth
Both Fortinet (FTNT) at 14.17% and Guidewire Software (GWRE) at 22.70% land near their industries' usual revenue growth ranges, so top-line momentum looks broadly in line with peers on both sides.
EPS Growth
Guidewire Software (GWRE) at 101.23% 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 GWRE.
Growth Metrics
| Metric | FTNT | GWRE |
|---|---|---|
| Revenue Growth (YoY) | 14.17% | 22.70% |
| Revenue Growth (3Y CAGR) | 15.46% | 17.68% |
| EPS Growth (YoY) | 7.08% | 101.23% |
| EPS Growth (3Y CAGR) | 31.68% | -- |
Financial Strength
Current Ratio (MRQ)
Both Fortinet (FTNT) at 1.40 and Guidewire Software (GWRE) at 1.79 carry current ratio within their industries’ typical mid-ranges, suggesting balanced short-term liquidity relative to peers.
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
GWRE
Software & Services industry group
1.79
- Max
- 5.11
- Q3
- 2.77
- GWRE
- 1.79
- Median
- 1.67
- Q1
- 1.01
- Min
- 0.03
Debt / Equity (MRQ)
Both Fortinet (FTNT) at 0.25 and Guidewire Software (GWRE) at 0.60 fund their balance sheets with roughly industry-typical debt-to-equity mixes.
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
GWRE
Software & Services industry group
0.60
- Max
- 2.52
- Q3
- 1.13
- GWRE
- 0.60
- Median
- 0.40
- Q1
- 0.07
- Min
- 0.00
Financial Strength Metrics
| Metric | FTNT | GWRE |
|---|---|---|
| Current Ratio (MRQ) | 1.40 | 1.79 |
| Debt / Equity (MRQ) | 0.25 | 0.60 |
| Net Debt / EBITDA | -1.54 | -0.38 |
Dividends
Dividend Yield (TTM)
Neither Fortinet (FTNT) nor Guidewire Software (GWRE) pays a dividend this period — they may reinvest, use buybacks, or simply not return cash through dividends.
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%
GWRE
Software & Services industry group
0.00%
- GWRE
- 0.00%
- Max
- 0.00%
- Q3
- 0.00%
- Median
- 0.00%
- Q1
- 0.00%
- Min
- 0.00%
Dividend Payout Ratio (TTM)
Neither Fortinet (FTNT) nor Guidewire Software (GWRE) pays a dividend this period — they may reinvest, use buybacks, or simply not return cash through dividends.
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%
GWRE
Software & Services industry group
0.00%
- GWRE
- 0.00%
- Max
- 0.00%
- Q3
- 0.00%
- Median
- 0.00%
- Q1
- 0.00%
- Min
- 0.00%
Dividend Metrics
| Metric | FTNT | GWRE |
|---|---|---|
| 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 Guidewire Software (GWRE) at 99.02 sits in the richer quartile — GWRE needs stronger growth or earnings quality to justify the premium.
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
GWRE
Software & Services industry group
99.02
- Max
- 112.94
- GWRE
- 99.02
- Q3
- 60.32
- Median
- 32.91
- Q1
- 18.77
- Min
- 6.69
P/S Ratio (TTM)
Both Fortinet (FTNT) at 11.08 and Guidewire Software (GWRE) at 9.04 command a richer price per dollar of sales than most peers, sitting in the upper P/S ratio quartile of their industries.
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
GWRE
Software & Services industry group
9.04
- Max
- 17.91
- GWRE
- 9.04
- Q3
- 8.78
- Median
- 4.25
- Q1
- 2.23
- Min
- 0.02
P/B Ratio (MRQ)
Both look rich against book: Guidewire Software (GWRE) at 11.09 sits in the upper P/B ratio quartile, and Fortinet (FTNT) at 38.85 prices even higher, above its industry range.
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
GWRE
Software & Services industry group
11.09
- Max
- 16.63
- GWRE
- 11.09
- Q3
- 8.50
- Median
- 4.30
- Q1
- 1.92
- Min
- -3.90
Valuation Metrics
| Metric | FTNT | GWRE |
|---|---|---|
| P/E Ratio (TTM) | 38.84 | 99.02 |
| P/S Ratio (TTM) | 11.08 | 9.04 |
| P/B Ratio (MRQ) | 38.85 | 11.09 |
| Free Cash Flow Yield (TTM) | 2.85% | 2.57% |