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FTNT vs. NTNX: Fortinet vs. Nutanix Stock Comparison

How do Fortinet (FTNT) and Nutanix (NTNX) 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 Nutanix (NTNX) both belong to the Software industry, though FTNT is classified under Systems Software while NTNX falls under Application Software.

Company profile comparison for Fortinet (FTNT) and Nutanix (NTNX)
Profile ItemFTNTNTNX
NameFortinet, Inc.Nutanix, Inc. Class A Common Stock
Country/RegionUnited StatesUnited States
GICS SectorInformation TechnologyInformation Technology
GICS Industry GroupSoftware & ServicesSoftware & Services
GICS IndustrySoftwareSoftware
GICS Sub-IndustrySystems SoftwareApplication Software
Market Capitalization87.31 billion USD15.92 billion USD
CurrencyUSDUSD
ExchangeNasdaqNasdaq
Listing DateNovember 18, 2009September 30, 2016
Security TypeCommon StockCommon Stock

Price Performance

Cumulative Growth

FTNT
NTNX
GSPC
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Fortinet (FTNT) vs. Nutanix (NTNX), 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 Nutanix (NTNX). Returns over one year are annualized.

Calendar-Year Returns

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

Performance Metrics

Price performance metrics for Fortinet (FTNT) and Nutanix (NTNX)
MetricFTNTNTNX
Total Return (1Y)49.91%-13.40%
Total Return (3Y, Annualized)35.15%17.34%
Total Return (5Y, Annualized)11.92%11.02%

Risk Profile

Drawdown History

FTNT
NTNX
GSPC
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Fortinet (FTNT) vs. Nutanix (NTNX), 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 Nutanix (NTNX). Each bar is the share of months whose return fell in that 5% bucket.

Risk Metrics

Risk profile metrics for Fortinet (FTNT) and Nutanix (NTNX)
MetricFTNTNTNX
Volatility (1Y, Annualized)49.03%47.42%
Beta (5Y)1.070.74
Max Drawdown (5Y)-38.98%-61.54%
Avg. Volume (3M)4.68M2.52M

Risk-Adjusted Performance

Risk-Return Positioning

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FTNT and NTNX 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 Nutanix (NTNX)
MetricFTNTNTNX
Sharpe Ratio (1Y)0.93-0.37
Sortino Ratio (1Y)1.37-0.50

Profitability

ROE (TTM)

Both Fortinet (FTNT) at 153.08% and Nutanix (NTNX) at 37,460.21% 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%

NTNX

Software & Services industry group

37,460.21%

NTNX
37,460.21%
Max
53.85%
Q3
17.90%
Median
6.59%
Q1
-9.59%
Min
-50.52%
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Fortinet (FTNT) vs. Nutanix (NTNX): A comparison of their ROE against the Software & Services industry group benchmark.

Net Margin (TTM)

Nutanix (NTNX) at 52.81% keeps the most of each sales dollar — above its industry’s net margin range — and Fortinet (FTNT) at 28.96% also retains a top-quartile 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%

NTNX

Software & Services industry group

52.81%

NTNX
52.81%
Max
41.17%
Q3
15.28%
Median
4.63%
Q1
-5.42%
Min
-33.17%
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Fortinet (FTNT) vs. Nutanix (NTNX): 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 Nutanix (NTNX) at 12.89%, 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%

NTNX

Software & Services industry group

12.89%

Max
46.89%
Q3
17.64%
NTNX
12.89%
Median
8.73%
Q1
-2.13%
Min
-30.45%
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Fortinet (FTNT) vs. Nutanix (NTNX): A comparison of their operating margin against the Software & Services industry group benchmark.

Profitability Metrics

Profitability metrics for Fortinet (FTNT) and Nutanix (NTNX)
MetricFTNTNTNX
ROE (TTM)153.08%37,460.21%
ROA (TTM)15.22%4.51%
Net Margin (TTM)28.96%52.81%
Operating Margin (TTM)33.82%12.89%
Gross Margin (TTM)79.75%86.93%

Growth

Revenue Growth

Both Fortinet (FTNT) at 14.17% and Nutanix (NTNX) at 12.44% land near their industries' usual revenue growth ranges, so top-line momentum looks broadly in line with peers on both sides.

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

EPS Growth

Nutanix (NTNX) at 695.38% clears its industry range for EPS growth, a much stronger earnings trajectory than Fortinet (FTNT) at 7.08%, which is closer to a typical peer reading.

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

Growth Metrics

Growth metrics for Fortinet (FTNT) and Nutanix (NTNX)
MetricFTNTNTNX
Revenue Growth (YoY)14.17%12.44%
Revenue Growth (3Y CAGR)15.46%15.27%
EPS Growth (YoY)7.08%695.38%
EPS Growth (3Y CAGR)31.68%--

Financial Strength

Current Ratio (MRQ)

Both Fortinet (FTNT) at 1.40 and Nutanix (NTNX) at 1.80 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

NTNX

Software & Services industry group

1.80

Max
5.11
Q3
2.77
NTNX
1.80
Median
1.67
Q1
1.01
Min
0.03
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Fortinet (FTNT) vs. Nutanix (NTNX): A comparison of their current ratio against the Software & Services industry group benchmark.

Debt / Equity (MRQ)

Fortinet (FTNT) at 0.25 carries an industry-typical debt-to-equity mix, while Nutanix (NTNX) at 2.17 uses more debt funding than most peers.

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

NTNX

Software & Services industry group

2.17

Max
2.52
NTNX
2.17
Q3
1.13
Median
0.40
Q1
0.07
Min
0.00
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Fortinet (FTNT) vs. Nutanix (NTNX): 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 Nutanix (NTNX)
MetricFTNTNTNX
Current Ratio (MRQ)1.401.80
Debt / Equity (MRQ)0.252.17
Net Debt / EBITDA-1.54-2.26

Dividends

Dividend Yield (TTM)

Neither Fortinet (FTNT) nor Nutanix (NTNX) 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%

NTNX

Software & Services industry group

0.00%

NTNX
0.00%
Max
0.00%
Q3
0.00%
Median
0.00%
Q1
0.00%
Min
0.00%
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Fortinet (FTNT) vs. Nutanix (NTNX): A comparison of their dividend yield against the Software & Services industry group benchmark.

Dividend Payout Ratio (TTM)

Neither Fortinet (FTNT) nor Nutanix (NTNX) 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%

NTNX

Software & Services industry group

0.00%

NTNX
0.00%
Max
0.00%
Q3
0.00%
Median
0.00%
Q1
0.00%
Min
0.00%
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Fortinet (FTNT) vs. Nutanix (NTNX): A comparison of their payout ratio against the Software & Services industry group benchmark.

Dividend Metrics

Dividend metrics for Fortinet (FTNT) and Nutanix (NTNX)
MetricFTNTNTNX
Dividend Yield (TTM)0.00%0.00%
Dividend Payout Ratio (TTM)0.00%0.00%

Valuation

P/E Ratio (TTM)

Nutanix (NTNX) at 11.29 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 NTNX, 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

NTNX

Software & Services industry group

11.29

Max
112.94
Q3
60.32
Median
32.91
Q1
18.77
NTNX
11.29
Min
6.69
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Fortinet (FTNT) vs. Nutanix (NTNX): A comparison of their P/E ratio against the Software & Services industry group benchmark.

P/S Ratio (TTM)

Nutanix (NTNX) at 5.58 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

NTNX

Software & Services industry group

5.58

Max
17.91
Q3
8.78
NTNX
5.58
Median
4.25
Q1
2.23
Min
0.02
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Fortinet (FTNT) vs. Nutanix (NTNX): A comparison of their P/S ratio against the Software & Services industry group benchmark.

P/B Ratio (MRQ)

Measured against book value, both Fortinet (FTNT) at 38.85 and Nutanix (NTNX) at 22.50 look expensive — each P/B ratio sits above its industry’s benchmark 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

NTNX

Software & Services industry group

22.50

NTNX
22.50
Max
16.63
Q3
8.50
Median
4.30
Q1
1.92
Min
-3.90
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Fortinet (FTNT) vs. Nutanix (NTNX): A comparison of their P/B ratio against the Software & Services industry group benchmark.

Valuation Metrics

Valuation metrics for Fortinet (FTNT) and Nutanix (NTNX)
MetricFTNTNTNX
P/E Ratio (TTM)38.8411.29
P/S Ratio (TTM)11.085.58
P/B Ratio (MRQ)38.8522.50
Free Cash Flow Yield (TTM)2.85%4.57%