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FTNT vs. PCOR: Fortinet vs. Procore Stock Comparison

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

Company profile comparison for Fortinet (FTNT) and Procore (PCOR)
Profile ItemFTNTPCOR
NameFortinet, Inc.Procore Technologies Inc.
Country/RegionUnited StatesUnited States
GICS SectorInformation TechnologyInformation Technology
GICS Industry GroupSoftware & ServicesSoftware & Services
GICS IndustrySoftwareSoftware
GICS Sub-IndustrySystems SoftwareApplication Software
Market Capitalization87.31 billion USD11.27 billion USD
CurrencyUSDUSD
ExchangeNasdaqNYSE
Listing DateNovember 18, 2009May 20, 2021
Security TypeCommon StockCommon Stock

Price Performance

Cumulative Growth

FTNT
PCOR
GSPC
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Fortinet (FTNT) vs. Procore (PCOR), 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 Procore (PCOR). Returns over one year are annualized.

Calendar-Year Returns

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

Performance Metrics

Price performance metrics for Fortinet (FTNT) and Procore (PCOR)
MetricFTNTPCOR
Total Return (1Y)49.91%-3.45%
Total Return (3Y, Annualized)35.15%15.41%
Total Return (5Y, Annualized)11.92%-3.95%

Risk Profile

Drawdown History

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

Risk Metrics

Risk profile metrics for Fortinet (FTNT) and Procore (PCOR)
MetricFTNTPCOR
Volatility (1Y, Annualized)49.03%54.42%
Beta (5Y)1.070.66
Max Drawdown (5Y)-38.98%-59.26%
Avg. Volume (3M)4.68M3.10M

Risk-Adjusted Performance

Risk-Return Positioning

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FTNT and PCOR 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 Procore (PCOR)
MetricFTNTPCOR
Sharpe Ratio (1Y)0.93-0.14
Sortino Ratio (1Y)1.37-0.22

Profitability

ROE (TTM)

Procore (PCOR) reports a negative ROE of -2.98%; negative ROE can reflect losses or negative shareholders’ equity, so it is harder to read as capital efficiency. Meanwhile Fortinet (FTNT) reports 153.08%, ranking against industry peers normally.

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%

PCOR

Software & Services industry group

-2.98%

Max
53.85%
Q3
17.90%
Median
6.59%
PCOR
-2.98%
Q1
-9.59%
Min
-50.52%
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Fortinet (FTNT) vs. Procore (PCOR): A comparison of their ROE against the Software & Services industry group benchmark.

Net Margin (TTM)

Procore (PCOR) reports a negative net margin of -2.31%, usually indicating a net loss over the period. Meanwhile Fortinet (FTNT) reports 28.96%, ranking against industry peers normally.

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%

PCOR

Software & Services industry group

-2.31%

Max
41.17%
Q3
15.28%
Median
4.63%
PCOR
-2.31%
Q1
-5.42%
Min
-33.17%
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Fortinet (FTNT) vs. Procore (PCOR): 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 Procore (PCOR) at 4.82%, 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%

PCOR

Software & Services industry group

4.82%

Max
46.89%
Q3
17.64%
Median
8.73%
PCOR
4.82%
Q1
-2.13%
Min
-30.45%
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Fortinet (FTNT) vs. Procore (PCOR): A comparison of their operating margin against the Software & Services industry group benchmark.

Profitability Metrics

Profitability metrics for Fortinet (FTNT) and Procore (PCOR)
MetricFTNTPCOR
ROE (TTM)153.08%-2.98%
ROA (TTM)15.22%-0.44%
Net Margin (TTM)28.96%-2.31%
Operating Margin (TTM)33.82%4.82%
Gross Margin (TTM)79.75%80.28%

Growth

Revenue Growth

Both Fortinet (FTNT) at 14.17% and Procore (PCOR) at 14.83% 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. Procore (PCOR): A comparison of their Revenue Growth across different time periods.

EPS Growth

Only one side can be read here: Fortinet (FTNT) reports EPS growth of 7.08%, ranked against its industry; Procore (PCOR) has no EPS growth figure this period.

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

Growth Metrics

Growth metrics for Fortinet (FTNT) and Procore (PCOR)
MetricFTNTPCOR
Revenue Growth (YoY)14.17%14.83%
Revenue Growth (3Y CAGR)15.46%22.46%
EPS Growth (YoY)7.08%--
EPS Growth (3Y CAGR)31.68%--

Financial Strength

Current Ratio (MRQ)

Both Fortinet (FTNT) at 1.40 and Procore (PCOR) at 1.06 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

PCOR

Software & Services industry group

1.06

Max
5.11
Q3
2.77
Median
1.67
PCOR
1.06
Q1
1.01
Min
0.03
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Fortinet (FTNT) vs. Procore (PCOR): A comparison of their current ratio against the Software & Services industry group benchmark.

Debt / Equity (MRQ)

Both Fortinet (FTNT) at 0.25 and Procore (PCOR) at 0.92 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

PCOR

Software & Services industry group

0.92

Max
2.52
Q3
1.13
PCOR
0.92
Median
0.40
Q1
0.07
Min
0.00
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Fortinet (FTNT) vs. Procore (PCOR): 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 Procore (PCOR)
MetricFTNTPCOR
Current Ratio (MRQ)1.401.06
Debt / Equity (MRQ)0.250.92
Net Debt / EBITDA-1.543.75

Dividends

Dividend Yield (TTM)

Neither Fortinet (FTNT) nor Procore (PCOR) 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%

PCOR

Software & Services industry group

0.00%

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

Dividend Payout Ratio (TTM)

Neither Fortinet (FTNT) nor Procore (PCOR) 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%

PCOR

Software & Services industry group

0.00%

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

Dividend Metrics

Dividend metrics for Fortinet (FTNT) and Procore (PCOR)
MetricFTNTPCOR
Dividend Yield (TTM)0.00%0.00%
Dividend Payout Ratio (TTM)0.00%0.00%

Valuation

P/E Ratio (TTM)

An earnings multiple is available for just one side: Fortinet (FTNT) trades at 38.84 times trailing earnings, ranked against its peers, while Procore (PCOR) has no P/E ratio this period.

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

PCOR

Software & Services industry group

--

Max
112.94
Q3
60.32
Median
32.91
Q1
18.77
Min
6.69
PCOR
--
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Fortinet (FTNT) vs. Procore (PCOR): PCOR does not report P/E ratio, so it has no value marker; FTNT is benchmarked against the Software & Services industry group.

P/S Ratio (TTM)

Procore (PCOR) at 7.58 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

PCOR

Software & Services industry group

7.58

Max
17.91
Q3
8.78
PCOR
7.58
Median
4.25
Q1
2.23
Min
0.02
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Fortinet (FTNT) vs. Procore (PCOR): A comparison of their P/S ratio against the Software & Services industry group benchmark.

P/B Ratio (MRQ)

Both look rich against book: Procore (PCOR) at 10.38 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

PCOR

Software & Services industry group

10.38

Max
16.63
PCOR
10.38
Q3
8.50
Median
4.30
Q1
1.92
Min
-3.90
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Fortinet (FTNT) vs. Procore (PCOR): A comparison of their P/B ratio against the Software & Services industry group benchmark.

Valuation Metrics

Valuation metrics for Fortinet (FTNT) and Procore (PCOR)
MetricFTNTPCOR
P/E Ratio (TTM)38.84--
P/S Ratio (TTM)11.087.58
P/B Ratio (MRQ)38.8510.38
Free Cash Flow Yield (TTM)2.85%3.24%