FTNT vs. INFY: Fortinet vs. Infosys Stock Comparison
How do Fortinet (FTNT) and Infosys (INFY) 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 Infosys (INFY) both fall under the Software & Services industry group, but FTNT is classified in Software while INFY is classified in IT Services.
Fortinet (FTNT) trades as ordinary local shares, while Infosys (INFY) trades as an ADR — compare with FX exposure, depositary-program fees, and dividend-withholding-tax differences in mind.
| Profile Item | FTNT | INFY |
|---|---|---|
| Name | Fortinet, Inc. | Infosys Ltd. ADR |
| Country/Region | United States | India |
| GICS Sector | Information Technology | Information Technology |
| GICS Industry Group | Software & Services | Software & Services |
| GICS Industry | Software | IT Services |
| GICS Sub-Industry | Systems Software | IT Consulting & Other Services |
| Market Capitalization | 87.31 billion USD | 50.63 billion USD |
| Currency | USD | USD |
| Exchange | Nasdaq | NYSE |
| Listing Date | November 18, 2009 | March 11, 1999 |
| Security Type | Common Stock | ADR |
Price Performance
Cumulative Growth
Trailing Returns
Calendar-Year Returns
Performance Metrics
| Metric | FTNT | INFY |
|---|---|---|
| Total Return (1Y) | 49.91% | -23.13% |
| Total Return (3Y, Annualized) | 35.15% | -6.27% |
| Total Return (5Y, Annualized) | 11.92% | -9.51% |
Risk Profile
Drawdown History
Return Distribution
Risk Metrics
| Metric | FTNT | INFY |
|---|---|---|
| Volatility (1Y, Annualized) | 49.03% | 42.11% |
| Beta (5Y) | 1.07 | 0.87 |
| Max Drawdown (5Y) | -38.98% | -54.40% |
| Avg. Volume (3M) | 4.68M | 18.20M |
Risk-Adjusted Performance
Risk-Return Positioning
Risk-Adjusted Metrics
| Metric | FTNT | INFY |
|---|---|---|
| Sharpe Ratio (1Y) | 0.93 | -0.65 |
| Sortino Ratio (1Y) | 1.37 | -0.91 |
Profitability
ROE (TTM)
Both companies show strong equity returns, but Fortinet (FTNT) at 153.08% is the standout with ROE above its industry range; Infosys (INFY) at 29.95% 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%
INFY
Software & Services industry group
29.95%
- Max
- 53.85%
- INFY
- 29.95%
- Q3
- 17.90%
- Median
- 6.59%
- Q1
- -9.59%
- Min
- -50.52%
Net Margin (TTM)
For every dollar of sales, both Fortinet (FTNT) at 28.96% and Infosys (INFY) at 16.22% 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%
INFY
Software & Services industry group
16.22%
- Max
- 41.17%
- INFY
- 16.22%
- Q3
- 15.28%
- Median
- 4.63%
- Q1
- -5.42%
- Min
- -33.17%
Operating Margin (TTM)
Both Fortinet (FTNT) at 33.82% and Infosys (INFY) at 20.97% 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%
INFY
Software & Services industry group
20.97%
- Max
- 46.89%
- INFY
- 20.97%
- Q3
- 17.64%
- Median
- 8.73%
- Q1
- -2.13%
- Min
- -30.45%
Profitability Metrics
| Metric | FTNT | INFY |
|---|---|---|
| ROE (TTM) | 153.08% | 29.95% |
| ROA (TTM) | 15.22% | 16.15% |
| Net Margin (TTM) | 28.96% | 16.22% |
| Operating Margin (TTM) | 33.82% | 20.97% |
| Gross Margin (TTM) | 79.75% | 29.75% |
Growth
Revenue Growth
Fortinet (FTNT) at 14.17% is around its peer norm for revenue growth, while Infosys (INFY) at 4.57% drops into the bottom quartile, signaling weaker demand or pricing momentum.
EPS Growth
Both Fortinet (FTNT) at 7.08% and Infosys (INFY) at 5.26% land near their industries' usual EPS growth ranges, so bottom-line momentum looks broadly in line with peers on both sides.
Growth Metrics
| Metric | FTNT | INFY |
|---|---|---|
| Revenue Growth (YoY) | 14.17% | 4.57% |
| Revenue Growth (3Y CAGR) | 15.46% | 3.44% |
| EPS Growth (YoY) | 7.08% | 5.26% |
| EPS Growth (3Y CAGR) | 31.68% | 4.06% |
Financial Strength
Current Ratio (MRQ)
Both Fortinet (FTNT) at 1.40 and Infosys (INFY) at 1.97 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
INFY
Software & Services industry group
1.97
- Max
- 5.11
- Q3
- 2.77
- INFY
- 1.97
- Median
- 1.67
- Q1
- 1.01
- Min
- 0.03
Debt / Equity (MRQ)
Both Fortinet (FTNT) at 0.25 and Infosys (INFY) at 0.09 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
INFY
Software & Services industry group
0.09
- Max
- 2.52
- Q3
- 1.13
- Median
- 0.40
- INFY
- 0.09
- Q1
- 0.07
- Min
- 0.00
Financial Strength Metrics
| Metric | FTNT | INFY |
|---|---|---|
| Current Ratio (MRQ) | 1.40 | 1.97 |
| Debt / Equity (MRQ) | 0.25 | 0.09 |
| Net Debt / EBITDA | -1.54 | -0.63 |
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 Infosys (INFY) reports a yield of 4.14%, 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%
INFY
Software & Services industry group
4.14%
- INFY
- 4.14%
- Max
- 0.00%
- Q3
- 0.00%
- Median
- 0.00%
- Q1
- 0.00%
- Min
- 0.00%
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 Infosys (INFY) reports a payout of 65.45%, 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%
INFY
Software & Services industry group
65.45%
- INFY
- 65.45%
- Max
- 0.00%
- Q3
- 0.00%
- Median
- 0.00%
- Q1
- 0.00%
- Min
- 0.00%
Dividend Metrics
| Metric | FTNT | INFY |
|---|---|---|
| Dividend Yield (TTM) | 0.00% | 4.14% |
| Dividend Payout Ratio (TTM) | 0.00% | 65.45% |
Valuation
P/E Ratio (TTM)
Infosys (INFY) at 15.43 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 INFY, 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
INFY
Software & Services industry group
15.43
- Max
- 112.94
- Q3
- 60.32
- Median
- 32.91
- Q1
- 18.77
- INFY
- 15.43
- Min
- 6.69
P/S Ratio (TTM)
Infosys (INFY) at 2.49 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
INFY
Software & Services industry group
2.49
- Max
- 17.91
- Q3
- 8.78
- Median
- 4.25
- INFY
- 2.49
- Q1
- 2.23
- Min
- 0.02
P/B Ratio (MRQ)
Both look rich against book: Infosys (INFY) at 9.80 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
INFY
Software & Services industry group
9.80
- Max
- 16.63
- INFY
- 9.80
- Q3
- 8.50
- Median
- 4.30
- Q1
- 1.92
- Min
- -3.90
Valuation Metrics
| Metric | FTNT | INFY |
|---|---|---|
| P/E Ratio (TTM) | 38.84 | 15.43 |
| P/S Ratio (TTM) | 11.08 | 2.49 |
| P/B Ratio (MRQ) | 38.85 | 9.80 |
| Free Cash Flow Yield (TTM) | 2.85% | 6.52% |