Fortinet Inc vs PPG Industries, Inc. — how do they compare? Fortinet Inc trades at $161.5 (market cap $120.48B), while PPG Industries, Inc. trades at $115.82 (market cap $25.67B). The key difference: Fortinet Inc is far larger — about 4.7× PPG Industries, Inc.'s market cap, and PPG Industries, Inc. pays a 2.56% dividend while Fortinet Inc pays none. Which is the better fit depends on your goals.
| FTNT | PPG | |
|---|---|---|
Market Cap | $120.48B | $25.67B |
Sector | Technology | Basic Materials |
52-Week High | $168.29 | $131.56 |
52-Week Low | $75.23 | $94.34 |
Enterprise Value | $116.91B | $31.54B |
Dividend Yield | — | 2.56% |
Trailing returns across standard periods
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 →PPG is a global producer of coatings. The company is the world's largest producer of coatings after the purchase of selected Akzo Nobel assets. PPG's products are sold to a wide variety of end users, including the automotive, aerospace, construction, and industrial markets. The company has a footprint in many regions around the globe, with less than half of sales coming from North America in recent years. PPG is focused on its coatings and specialty products and expansion into emerging regions, as exemplified by the Comex acquisition.
Read more on PPG →