FTNT vs CDNS

Comparison between Fortinet Inc (FTNT, Company) and Cadence Design Systems Inc (CDNS, Company).

Both FTNT and CDNS are from the Technology sector.

5-Year PerformanceFTNT has outperformed CDNS, delivering a return of +25.2% compared to +23.8%

FTNT vs CDNS - Performance Comparison

Log

Key Characteristics

Financial metrics and valuation ratios

Metric	FTNT(COMPANY)	CDNS(COMPANY)
Market Cap	$95B	$95B
Max Drawdown	51.20%	91.92%
Sharpe Ratio	0.64	0.33
5Y Beta	1.03	1.48
Industry	Software - Infrastructure	Software - Application
P/E Ratio	49.58	90.24
Forward P/E	41.49	45.87
PEG Ratio	7.13	10.66
5Y EPS CAGR	34.10%	21.45%
Debt to Equity	50.20%	0.00%
Free Cash Flow Yield	2.26%	1.50%

Market Cap

FTNT

$95B

Winner

CDNS

$95B

Max Drawdown

Winner

FTNT

51.20%

CDNS

91.92%

Sharpe Ratio

Winner

FTNT

0.64

CDNS

0.33

5Y Beta

Winner

FTNT

1.03

CDNS

1.48

Industry

FTNT

Software - Infrastructure

CDNS

Software - Application

P/E Ratio

Winner

FTNT

49.58

CDNS

90.24

Forward P/E

Winner

FTNT

41.49

CDNS

45.87

PEG Ratio

Winner

FTNT

7.13

CDNS

10.66

5Y EPS CAGR

Winner

FTNT

34.10%

CDNS

21.45%

Debt to Equity

FTNT

50.20%

Winner

CDNS

0.00%

Free Cash Flow Yield

Winner

FTNT

2.26%

CDNS

1.50%

FTNT vs CDNS - Historical Returns

Returns include dividend reinvestment.

Period	FTNT	CDNS
1 month	+51.84%	+10.01%
3 months	+61.83%	+20.99%
6 months	+64.17%	+19.26%
1 year	+25.88%	+12.88%
5 years(CAGR)	+25.15%	+23.76%
10 years(CAGR)	+34.37%	+30.74%
Max(CAGR)	+30.20%	+12.61%

Winner

FTNT

+51.84%

CDNS

+10.01%

Winner

FTNT

+61.83%

CDNS

+20.99%

Winner

FTNT

+64.17%

CDNS

+19.26%

Winner

FTNT

+25.88%

CDNS

+12.88%

5Y(CAGR)

Winner

FTNT

+25.15%

CDNS

+23.76%

10Y(CAGR)

Winner

FTNT

+34.37%

CDNS

+30.74%

Max(CAGR)

Winner

FTNT

+30.20%

CDNS

+12.61%

FTNT vs CDNS - Annual Returns (1999 - 2026)

Returns include dividend reinvestment.

Year	FTNT	CDNS
2026	+66.23%	+15.48%
2025	-16.19%	+5.01%
2024	+63.52%	+14.29%
2023	+20.63%	+70.62%
2022	-26.62%	-12.30%
2021	+146.91%	+37.26%
2020	+35.42%	+90.97%
2019	+53.21%	+60.44%
2018	+58.80%	+3.40%
2017	+45.05%	+65.04%
2016	-0.36%	+22.84%
2015	+1.23%	+10.52%
2014	+61.20%	+35.40%
2013	-9.72%	+0.14%
2012	+1.20%	+30.66%
2011	+31.78%	+24.55%
2010	+79.72%	+34.97%
2009	+5.72%	+55.99%
2008	N/A	-78.21%
2007	N/A	-6.28%
2006	N/A	+5.66%
2005	N/A	+23.05%
2004	N/A	-24.37%
2003	N/A	+54.20%
2002	N/A	-44.91%
2001	N/A	-11.90%
2000	N/A	+24.66%
1999	N/A	+56.76%

FTNT vs CDNS Drawdown Comparison

The maximum drawdown for FTNT was -51.20%, occurring on Feb 11, 2016. Recovery took 638 trading sessions.

The maximum drawdown for CDNS was -91.92%, occurring on Dec 15, 2008. Recovery took 4085 trading sessions.

The current FTNT drawdown is -0.42%. The current CDNS drawdown is -3.99%.

Rank	FTNT	CDNS
#1	-51.20% Aug 5, 2015 - Feb 15, 2018	-91.92% Jan 22, 2001 - Apr 19, 2017
#2	-42.31% Jul 6, 2011 - Apr 2, 2012	-43.75% Dec 31, 1999 - Sep 13, 2000
#3	-41.88% Apr 5, 2012 - Dec 17, 2014	-32.12% Feb 19, 2020 - Apr 24, 2020
#4	-38.32% Jul 17, 2023 - Oct 9, 2024	-29.59% Dec 27, 2021 - Aug 15, 2022
#5	-37.61% Feb 6, 2020 - May 7, 2020	-29.05% Jun 18, 2024 - Jul 3, 2025
#6	-37.54% Dec 27, 2021 - Jun 15, 2023	-28.85% Sep 22, 2025 - Apr 10, 2026
#7	-35.07% Feb 19, 2025 - May 11, 2026	-26.25% Aug 15, 2022 - Feb 14, 2023
#8	-29.02% Oct 1, 2018 - Apr 12, 2019	-21.72% Jan 26, 2018 - Jul 25, 2018
#9	-26.85% Apr 15, 2019 - Nov 8, 2019	-21.67% Sep 15, 2000 - Oct 24, 2000
#10	-26.22% Jul 9, 2020 - Dec 22, 2020	-18.83% Mar 1, 2021 - Apr 15, 2021
#11	-25.41% Jan 8, 2010 - Aug 31, 2010	-18.51% Dec 11, 2000 - Jan 9, 2001
#12	-16.84% Nov 8, 2021 - Dec 27, 2021	-17.92% Apr 15, 2021 - Jul 30, 2021
#13	-14.86% Apr 5, 2011 - Apr 28, 2011	-17.56% Jul 29, 2019 - Feb 12, 2020
#14	-10.83% Mar 15, 2021 - Apr 6, 2021	-17.20% Aug 29, 2018 - Jan 30, 2019
#15	-10.49% May 20, 2020 - Jul 8, 2020	-15.41% Oct 24, 2000 - Dec 8, 2000