FTNT vs MSFT
Fortinet (FTNT) and Microsoft (MSFT) compared side by side. Microsoft (MSFT) is larger, with a market cap of $3.9T versus $132.1B for Fortinet, about 29.5 times the size. On trailing earnings, MSFT is cheaper at 29.2x versus 63.6x for FTNT.
Head to head
| Metric | FTNT | MSFT |
|---|---|---|
| Market cap | $132.1B | $3.9T |
| P/E (TTM) | 63.6x | 29.2x |
| Forward P/E | 47.5x | 22.1x |
| Revenue (TTM) | $7.5B | $331.8B |
| Revenue growth | 25.6% | 17.7% |
| Gross margin | 80.2% | 67.9% |
| Operating margin | 33.6% | 45.1% |
| Free cash flow | $3.1B | $67.0B |
| Dividend yield | None | 0.75% |
| 1-year return | +111.9% | +1.6% |
| 5-year return (annual) | +21.8% | +12.1% |
| Max drawdown | -51% | -69% |
| FI Handbook grade | B | B- |
Highlighted: the stronger figure on metrics where higher or lower is clearly better.
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FTNT vs MSFT FAQ
Which is bigger, FTNT or MSFT?
Microsoft (MSFT) is larger, with a market cap of $3.9T versus $132.1B for Fortinet, about 29.5 times the size.
Is FTNT or MSFT cheaper?
On trailing earnings, MSFT is cheaper at 29.2x versus 63.6x for FTNT. A lower P/E can reflect slower expected growth, so compare growth and margins too.
Which stock performed better over the past year, FTNT or MSFT?
FTNT returned +111.9% over the past year including dividends, versus +1.6% for MSFT, through October 23, 2026.
Which pays a higher dividend, FTNT or MSFT?
MSFT yields 0.75%; FTNT does not pay a dividend.