FTNT vs. IT: Fortinet vs. Gartner Stock Comparison
How do Fortinet (FTNT) and Gartner (IT) 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 Gartner (IT) both fall under the Software & Services industry group, but FTNT is classified in Software while IT is classified in IT Services.
| Profile Item | FTNT | IT |
|---|---|---|
| Name | Fortinet, Inc. | Gartner Inc. |
| Country/Region | United States | United States |
| 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 | 11.99 billion USD |
| Currency | USD | USD |
| Exchange | Nasdaq | NYSE |
| Listing Date | November 18, 2009 | October 5, 1993 |
| Security Type | Common Stock | Common Stock |
Price Performance
Cumulative Growth
Trailing Returns
Calendar-Year Returns
Performance Metrics
| Metric | FTNT | IT |
|---|---|---|
| Total Return (1Y) | 49.91% | -17.60% |
| Total Return (3Y, Annualized) | 35.15% | -22.07% |
| Total Return (5Y, Annualized) | 11.92% | -10.95% |
Risk Profile
Drawdown History
Return Distribution
Risk Metrics
| Metric | FTNT | IT |
|---|---|---|
| Volatility (1Y, Annualized) | 49.03% | 58.29% |
| Beta (5Y) | 1.07 | 0.95 |
| Max Drawdown (5Y) | -38.98% | -77.21% |
| Avg. Volume (3M) | 4.68M | 1.14M |
Risk-Adjusted Performance
Risk-Return Positioning
Risk-Adjusted Metrics
| Metric | FTNT | IT |
|---|---|---|
| Sharpe Ratio (1Y) | 0.93 | -0.38 |
| Sortino Ratio (1Y) | 1.37 | -0.54 |
Profitability
ROE (TTM)
Both Fortinet (FTNT) at 153.08% and Gartner (IT) at 365.76% 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.
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%
IT
Software & Services industry group
365.76%
- IT
- 365.76%
- Max
- 53.85%
- Q3
- 17.90%
- 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 Gartner (IT) at 14.81%, 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%
IT
Software & Services industry group
14.81%
- Max
- 41.17%
- Q3
- 15.28%
- IT
- 14.81%
- Median
- 4.63%
- Q1
- -5.42%
- Min
- -33.17%
Operating Margin (TTM)
Both Fortinet (FTNT) at 33.82% and Gartner (IT) at 18.58% 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%
IT
Software & Services industry group
18.58%
- Max
- 46.89%
- IT
- 18.58%
- Q3
- 17.64%
- Median
- 8.73%
- Q1
- -2.13%
- Min
- -30.45%
Profitability Metrics
| Metric | FTNT | IT |
|---|---|---|
| ROE (TTM) | 153.08% | 365.76% |
| ROA (TTM) | 15.22% | 11.33% |
| Net Margin (TTM) | 28.96% | 14.81% |
| Operating Margin (TTM) | 33.82% | 18.58% |
| Gross Margin (TTM) | 79.75% | 70.18% |
Growth
Revenue Growth
Fortinet (FTNT) at 14.17% is around its peer norm for revenue growth, while Gartner (IT) at 3.67% drops into the bottom quartile, signaling weaker demand or pricing momentum.
EPS Growth
Fortinet (FTNT) at 7.08% is around its peer norm for EPS growth, while Gartner (IT) at -39.69% drops into the bottom quartile, signaling weaker earnings momentum.
Growth Metrics
| Metric | FTNT | IT |
|---|---|---|
| Revenue Growth (YoY) | 14.17% | 3.67% |
| Revenue Growth (3Y CAGR) | 15.46% | 5.87% |
| EPS Growth (YoY) | 7.08% | -39.69% |
| EPS Growth (3Y CAGR) | 31.68% | -1.05% |
Financial Strength
Current Ratio (MRQ)
Fortinet (FTNT) at 1.40 keeps current ratio within its industry’s typical mid-range, while Gartner (IT) at 0.91 runs in the tighter-liquidity quartile — a thinner cushion against current liabilities for IT.
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
IT
Software & Services industry group
0.91
- Max
- 5.11
- Q3
- 2.77
- Median
- 1.67
- Q1
- 1.01
- IT
- 0.91
- Min
- 0.03
Debt / Equity (MRQ)
Only one side’s leverage can be read here: Fortinet (FTNT) carries debt-to-equity ratio of 0.25 against its industry range, while Gartner (IT) reports no figure this period.
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
IT
Software & Services industry group
--
- Max
- 2.52
- Q3
- 1.13
- Median
- 0.40
- Q1
- 0.07
- Min
- 0.00
- IT
- --
Financial Strength Metrics
| Metric | FTNT | IT |
|---|---|---|
| Current Ratio (MRQ) | 1.40 | 0.91 |
| Debt / Equity (MRQ) | 0.25 | -- |
| Net Debt / EBITDA | -1.54 | 1.18 |
Dividends
Dividend Yield (TTM)
Neither Fortinet (FTNT) nor Gartner (IT) 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%
IT
Software & Services industry group
0.00%
- IT
- 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 Gartner (IT) 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%
IT
Software & Services industry group
0.00%
- IT
- 0.00%
- Max
- 0.00%
- Q3
- 0.00%
- Median
- 0.00%
- Q1
- 0.00%
- Min
- 0.00%
Dividend Metrics
| Metric | FTNT | IT |
|---|---|---|
| Dividend Yield (TTM) | 0.00% | 0.00% |
| Dividend Payout Ratio (TTM) | 0.00% | 0.00% |
Valuation
P/E Ratio (TTM)
Gartner (IT) at 13.62 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 IT, 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
IT
Software & Services industry group
13.62
- Max
- 112.94
- Q3
- 60.32
- Median
- 32.91
- Q1
- 18.77
- IT
- 13.62
- Min
- 6.69
P/S Ratio (TTM)
Gartner (IT) at 1.86 looks cheap on sales in the lower P/S ratio quartile, while Fortinet (FTNT) at 11.08 looks rich in the upper quartile — a clear gap in price per dollar of revenue.
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
IT
Software & Services industry group
1.86
- Max
- 17.91
- Q3
- 8.78
- Median
- 4.25
- Q1
- 2.23
- IT
- 1.86
- Min
- 0.02
P/B Ratio (MRQ)
Gartner (IT) reports a negative P/B ratio of -348.81, meaning negative book equity — the multiple itself is not meaningful for valuation. Meanwhile Fortinet (FTNT) reports 38.85, ranking against industry peers normally.
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
IT
Software & Services industry group
-348.81
- Max
- 16.63
- Q3
- 8.50
- Median
- 4.30
- Q1
- 1.92
- Min
- -3.90
- IT
- -348.81
Valuation Metrics
| Metric | FTNT | IT |
|---|---|---|
| P/E Ratio (TTM) | 38.84 | 13.62 |
| P/S Ratio (TTM) | 11.08 | 1.86 |
| P/B Ratio (MRQ) | 38.85 | -348.81 |
| Free Cash Flow Yield (TTM) | 2.85% | 8.90% |