EME vs. FTNT
EME (EMCOR Group, Inc.) and FTNT (Fortinet, Inc.) are both stocks. EME operates in Engineering & Construction (Industrials), while FTNT operates in Software - Infrastructure (Technology). Over the past 10 years, EME returned 33.61%/yr vs 36.02%/yr for FTNT. At a 0.34 correlation, their price movements are largely independent.
Performance
EME vs. FTNT - Performance Comparison
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Returns By Period
In the year-to-date period, EME achieves a 34.68% return, which is significantly lower than FTNT's 84.23% return. Over the past 10 years, EME has underperformed FTNT with an annualized return of 33.61%, while FTNT has yielded a comparatively higher 36.02% annualized return.
EME
- 1D
- 1.42%
- 1M
- -11.50%
- YTD
- 34.68%
- 6M
- 32.12%
- 1Y
- 72.55%
- 3Y*
- 67.29%
- 5Y*
- 45.87%
- 10Y*
- 33.61%
FTNT
- 1D
- 0.85%
- 1M
- 19.16%
- YTD
- 84.23%
- 6M
- 77.94%
- 1Y
- 45.10%
- 3Y*
- 27.56%
- 5Y*
- 26.15%
- 10Y*
- 36.02%
EME vs. FTNT - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
EME EMCOR Group, Inc. | 34.68% | 35.05% | 111.27% | 46.03% | 16.81% | 39.93% | 6.47% | 45.18% | -26.68% | 16.09% |
FTNT Fortinet, Inc. | 84.23% | -15.95% | 61.42% | 19.72% | -31.98% | 141.97% | 39.13% | 51.58% | 61.20% | 45.05% |
Correlation
The correlation between EME and FTNT is 0.13, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.13 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.29 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.31 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.30 |
Correlation (All Time) Calculated using the full available price history since Nov 18, 2009 | 0.34 |
Over the past year, the correlation between EME and FTNT has dropped to 0.13 - well below their long-term average of 0.34, suggesting their price drivers have been diverging.
Fundamentals
EME:
$37.08B
FTNT:
$108.67B
EME:
$29.65
FTNT:
$2.58
EME:
27.76
FTNT:
56.81
EME:
0.65
FTNT:
1.58
EME:
2.09
FTNT:
15.62
EME:
9.59
FTNT:
109.80
EME:
$17.75B
FTNT:
$7.11B
EME:
$3.47B
FTNT:
$5.74B
EME:
$2.03B
FTNT:
$2.47B
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Return for Risk
EME vs. FTNT — Risk / Return Rank
EME
FTNT
EME vs. FTNT - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for EMCOR Group, Inc. (EME) and Fortinet, Inc. (FTNT). Risk-adjusted metrics are performance indicators that assess an investment's returns in relation to its risk, enabling a more accurate comparison of different investment options.
Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.
| EME | FTNT | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +0.94 | ||
| Sortino ratioReturn per unit of downside risk | +0.84 | ||
| Omega ratioGain probability vs. loss probability | 1.35 | 1.23 | +0.12 |
| Calmar ratioReturn relative to maximum drawdown | 2.94 | 1.43 | +1.51 |
| Martin ratioReturn relative to average drawdown | 7.26 | 2.09 | +5.17 |
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Drawdowns
EME vs. FTNT - Drawdown Comparison
The maximum EME drawdown since its inception was -70.56%, which is greater than FTNT's maximum drawdown of -51.20%. Use the drawdown chart below to compare losses from any high point for EME and FTNT.
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Drawdown Indicators
| EME | FTNT | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -70.56% | -51.20% | -19.36% |
Max Drawdown (1Y)Largest decline over 1 year | -25.15% | -30.90% | +5.75% |
Max Drawdown (3Y)Largest decline over 3 years | -36.19% | -38.32% | +2.13% |
Max Drawdown (5Y)Largest decline over 5 years | -36.19% | -38.32% | +2.13% |
Max Drawdown (10Y)Largest decline over 10 years | -48.00% | -38.32% | -9.68% |
Current DrawdownCurrent decline from peak | -12.79% | -2.25% | -10.54% |
Average DrawdownAverage peak-to-trough decline | -15.36% | -16.22% | +0.86% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 10.18% | 21.07% | -10.89% |
Volatility
EME vs. FTNT - Volatility Comparison
The current volatility for EMCOR Group, Inc. (EME) is 10.65%, while Fortinet, Inc. (FTNT) has a volatility of 13.35%. This indicates that EME experiences smaller price fluctuations and is considered to be less risky than FTNT based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| EME | FTNT | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 10.65% | 13.35% | -2.70% |
Volatility (6M)Calculated over the trailing 6-month period | 26.55% | 31.79% | -5.24% |
Volatility (1Y)Calculated over the trailing 1-year period | 38.62% | 45.18% | -6.56% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 33.44% | 43.94% | -10.50% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 33.04% | 40.88% | -7.84% |
Dividends
EME vs. FTNT - Dividend Comparison
EME's dividend yield for the trailing twelve months is around 0.16%, while FTNT has not paid dividends to shareholders.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
EME EMCOR Group, Inc. | 0.16% | 0.16% | 0.20% | 0.32% | 0.36% | 0.41% | 0.35% | 0.37% | 0.54% | 0.39% | 0.45% | 0.67% |
FTNT Fortinet, Inc. | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
Financials
EME vs. FTNT - Financials Comparison
This section allows you to compare key financial metrics between EMCOR Group, Inc. and Fortinet, Inc.. You can select fields from income statements, balance sheets, and cash flow statements to easily visualize and compare the financial health of both companies.
Total Revenue: Total amount of money received from sales and other business activities
EME vs. FTNT - Profitability Comparison
EME - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, EMCOR Group, Inc. reported a gross profit of 863.95M and revenue of 4.63B. Therefore, the gross margin over that period was 18.7%.
FTNT - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, Fortinet, Inc. reported a gross profit of 1.49B and revenue of 1.85B. Therefore, the gross margin over that period was 80.3%.
EME - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, EMCOR Group, Inc. reported an operating income of 403.85M and revenue of 4.63B, resulting in an operating margin of 8.7%.
FTNT - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, Fortinet, Inc. reported an operating income of 580.00M and revenue of 1.85B, resulting in an operating margin of 31.4%.
EME - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, EMCOR Group, Inc. reported a net income of 305.48M and revenue of 4.63B, resulting in a net margin of 6.6%.
FTNT - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, Fortinet, Inc. reported a net income of 534.50M and revenue of 1.85B, resulting in a net margin of 28.9%.
Frequently Asked Questions
EME and FTNT have a correlation of 0.13, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
FTNT has higher volatility (13.35%) compared to EME (10.65%). In terms of maximum drawdown, EME dropped -70.56% vs FTNT's -51.20%.
EME currently has the higher Sharpe Ratio (1.92 vs 0.98), meaning it's delivered slightly more return per unit of risk over the trailing 12 months. However, this ranking shifts over time - use the Risk/Return Score above for a more comprehensive view that combines Sharpe, Sortino, and other measures used by quantitative funds.
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