AMETEK, Inc. vs Fortinet Inc — how do they compare? AMETEK, Inc. trades at $255.78 (market cap $57.98B), while Fortinet Inc trades at $161.3 (market cap $120.48B). The key difference: Fortinet Inc is far larger — about 2.1× AMETEK, Inc.'s market cap, and AMETEK, Inc. pays a 0.54% dividend while Fortinet Inc pays none. Which is the better fit depends on your goals.
| AME | FTNT | |
|---|---|---|
Market Cap | $57.98B | $120.48B |
Sector | Industrials | Technology |
52-Week High | $256.30 | $168.29 |
52-Week Low | $179.28 | $75.23 |
Enterprise Value | $59.52B | $116.91B |
Dividend Yield | 0.54% | — |
Trailing returns across standard periods
Ametek is a diversified industrial conglomerate with over $6 billion in sales. The firm operates through an electronic instruments group and an electromechanical group. EIG designs and manufactures differentiated and advanced instruments for the process, aerospace, power, and industrial end markets. EMG is a focused, niche supplier of highly engineered automation solutions, thermal management systems, specialty metals, and electrical interconnects, among other products. About half of the firm's sales are made in the United States. The firm's asset-light strategy in place for nearly two decades emphasizes growth through acquisitions, new product development through research and development, driving operational efficiencies, and global and market expansion.
Read more on AME →Fortinet is a cybersecurity vendor that sells products, support, and services to small and midsize businesses, enterprises, and government entities. Its products include unified threat management appliances, firewalls, network security, and its security platform, Security Fabric. Services revenue is primarily from FortiGuard security subscriptions and FortiCare technical support. At the end of 2021, products were 38% of revenue and services were 62% of sales. The California-based company sells products worldwide.
Read more on FTNT →