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.
| Profile Item | FTNT | PCOR |
|---|---|---|
| Name | Fortinet, Inc. | Procore Technologies 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 | 11.27 billion USD |
| Currency | USD | USD |
| Exchange | Nasdaq | NYSE |
| Listing Date | November 18, 2009 | May 20, 2021 |
| Security Type | Common Stock | Common Stock |
Price Performance
Cumulative Growth
Trailing Returns
Calendar-Year Returns
Performance Metrics
| Metric | FTNT | PCOR |
|---|---|---|
| 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
Return Distribution
Risk Metrics
| Metric | FTNT | PCOR |
|---|---|---|
| Volatility (1Y, Annualized) | 49.03% | 54.42% |
| Beta (5Y) | 1.07 | 0.66 |
| Max Drawdown (5Y) | -38.98% | -59.26% |
| Avg. Volume (3M) | 4.68M | 3.10M |
Risk-Adjusted Performance
Risk-Return Positioning
Risk-Adjusted Metrics
| Metric | FTNT | PCOR |
|---|---|---|
| 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%
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%
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%
Profitability Metrics
| Metric | FTNT | PCOR |
|---|---|---|
| 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.
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.
Growth Metrics
| Metric | FTNT | PCOR |
|---|---|---|
| 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
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
Financial Strength Metrics
| Metric | FTNT | PCOR |
|---|---|---|
| Current Ratio (MRQ) | 1.40 | 1.06 |
| Debt / Equity (MRQ) | 0.25 | 0.92 |
| Net Debt / EBITDA | -1.54 | 3.75 |
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%
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%
Dividend Metrics
| Metric | FTNT | PCOR |
|---|---|---|
| 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
- --
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
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
Valuation Metrics
| Metric | FTNT | PCOR |
|---|---|---|
| P/E Ratio (TTM) | 38.84 | -- |
| P/S Ratio (TTM) | 11.08 | 7.58 |
| P/B Ratio (MRQ) | 38.85 | 10.38 |
| Free Cash Flow Yield (TTM) | 2.85% | 3.24% |