FTNT vs. AVGO
Compare and contrast key facts about Fortinet, Inc. (FTNT) and Broadcom Inc. (AVGO).
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: FTNT or AVGO.
Correlation
The correlation between FTNT and AVGO is 0.55, which is considered to be moderate. This suggests that the two assets have some degree of positive relationship in their price movements. Moderate correlation can be acceptable for portfolio diversification, offering a balance between risk and potential returns.
Performance
FTNT vs. AVGO - Performance Comparison
Key characteristics
FTNT:
1.53
AVGO:
0.94
FTNT:
2.67
AVGO:
1.71
FTNT:
1.37
AVGO:
1.23
FTNT:
2.14
AVGO:
1.47
FTNT:
9.22
AVGO:
4.08
FTNT:
7.18%
AVGO:
14.82%
FTNT:
42.06%
AVGO:
62.86%
FTNT:
-51.20%
AVGO:
-48.30%
FTNT:
-14.69%
AVGO:
-16.42%
Fundamentals
FTNT:
$80.13B
AVGO:
$943.78B
FTNT:
$2.26
AVGO:
$2.16
FTNT:
46.11
AVGO:
92.93
FTNT:
3.07
AVGO:
0.54
FTNT:
14.03
AVGO:
17.31
FTNT:
54.66
AVGO:
13.72
FTNT:
$4.60B
AVGO:
$42.04B
FTNT:
$3.75B
AVGO:
$27.50B
FTNT:
$1.70B
AVGO:
$19.89B
Returns By Period
In the year-to-date period, FTNT achieves a 3.45% return, which is significantly higher than AVGO's -10.11% return. Over the past 10 years, FTNT has underperformed AVGO with an annualized return of 28.85%, while AVGO has yielded a comparatively higher 36.25% annualized return.
FTNT
3.45%
10.88%
16.80%
63.91%
29.10%
28.85%
AVGO
-10.11%
33.16%
13.68%
58.68%
53.93%
36.25%
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Risk-Adjusted Performance
FTNT vs. AVGO — Risk-Adjusted Performance Rank
FTNT
AVGO
FTNT vs. AVGO - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Fortinet, Inc. (FTNT) and Broadcom Inc. (AVGO). 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.
Dividends
FTNT vs. AVGO - Dividend Comparison
FTNT has not paid dividends to shareholders, while AVGO's dividend yield for the trailing twelve months is around 1.08%.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
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% |
AVGO Broadcom Inc. | 1.08% | 0.94% | 1.71% | 3.02% | 2.24% | 3.05% | 3.54% | 3.11% | 1.87% | 1.43% | 1.13% | 1.22% |
Drawdowns
FTNT vs. AVGO - Drawdown Comparison
The maximum FTNT drawdown since its inception was -51.20%, which is greater than AVGO's maximum drawdown of -48.30%. Use the drawdown chart below to compare losses from any high point for FTNT and AVGO. For additional features, visit the drawdowns tool.
Volatility
FTNT vs. AVGO - Volatility Comparison
The current volatility for Fortinet, Inc. (FTNT) is 18.20%, while Broadcom Inc. (AVGO) has a volatility of 21.71%. This indicates that FTNT experiences smaller price fluctuations and is considered to be less risky than AVGO based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Financials
FTNT vs. AVGO - Financials Comparison
This section allows you to compare key financial metrics between Fortinet, Inc. and Broadcom 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
FTNT vs. AVGO - Profitability Comparison
FTNT - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on May 2025, Fortinet, Inc. reported a gross profit of 1.35B and revenue of 1.66B. Therefore, the gross margin over that period was 81.1%.
AVGO - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on May 2025, Broadcom Inc. reported a gross profit of 10.15B and revenue of 14.92B. Therefore, the gross margin over that period was 68.0%.
FTNT - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on May 2025, Fortinet, Inc. reported an operating income of 574.10M and revenue of 1.66B, resulting in an operating margin of 34.6%.
AVGO - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on May 2025, Broadcom Inc. reported an operating income of 6.26B and revenue of 14.92B, resulting in an operating margin of 42.0%.
FTNT - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on May 2025, Fortinet, Inc. reported a net income of 526.20M and revenue of 1.66B, resulting in a net margin of 31.7%.
AVGO - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on May 2025, Broadcom Inc. reported a net income of 5.50B and revenue of 14.92B, resulting in a net margin of 36.9%.