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Fortinet (FTNT) Company Overview

Profile

Full Name:

Fortinet, Inc.

Sector:

Technology

Industry:

Software Infrastructure

Country:

United States

IPO:

November 18, 2009

Indexes:

S&P 500,NASDAQ 100

Website:

http://www.fortinet.com

Description:

Fortinet Inc. is a market leader in unified threat management and a global manufacturer of multi-functional network security devices, providing comprehensive protection against constantly emerging threats. Fortinet protects the most valuable data of the largest companies, service providers, and government agencies worldwide. Fast and reliable Fortinet solutions provide comprehensive protection against dynamic threats to the IT infrastructure of enterprises of any scale. The unique security architecture of Fortinet Security Fabric offers integration and automation of the entire infrastructure, providing unparalleled protection and transparency for every network segment and device. The company was founded in 2000 and is headquartered in Sunnyvale, California.

Key Details

Price

$101.04

Market Cap

$77.70 B(Large cap)

Last Dividend

-

TTM Dividend Yield

-

Annual Revenue

$5.96 B(+12.27% YoY)

Annual EPS

$2.26(+54.79% YoY)

PE Ratio

44.71

Annual ROE

338.74%

Annual Debt To Equity

0.67

Beta

0.72

Events Calendar

Earnings

Next earnings date:

May 2, 2025

Recent quarterly earnings:

Feb 6, 2025

Recent annual earnings:

Feb 6, 2025
Dividend

Next ex-dividend date:

N/A

Recent ex-dividend date:

N/A
Splits

Next split:

N/A

Recent split:

Jun 23, 2022

Analyst ratings

Recent major analysts updates

Feb 10, 25 Susquehanna
Neutral
Feb 7, 25 Wells Fargo
Equal-Weight
Feb 7, 25 Stifel
Hold
Feb 7, 25 Scotiabank
Sector Outperform
Feb 7, 25 Rosenblatt
Buy
Feb 7, 25 RBC Capital
Sector Perform
Feb 7, 25 Piper Sandler
Overweight
Feb 7, 25 Needham
Hold
Feb 7, 25 Guggenheim
Neutral
Feb 7, 25 Goldman Sachs
Buy

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Market Data

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Price

Current Price

$101.04
FTNT price is $101.04

Price All-time High

$114.59
FTNT price is currently -11.83% below its historical high of $114.59

Price Analysts Target

$115.00
FTNT price is currently -12.14% lower than the consensus analysts' forecast

Price Most Recent Change

-0.85%
FTNT price was down -0.85% on Mar 8, 2025

Price YTD Change

+7.38%
FTNT price is up +7.38% since January 1st

Price 3-Year Change

+73.39%
FTNT price is up +73.39% over the past 3 years

Market cap

Market Cap

$77.70 B
FTNT market capitalization is $77.70 billion

Market Cap 3-Year Change

+65.82%
FTNT market capitalization is up +65.82% over the past 3 years

Market Cap All-time High

$88.12 B
FTNT market capitalization is currently -11.83% below its historical high of $88.12 billion

Market Cap Sector Rank

95.47%
FTNT market capitalization is higher than 95.47% of companies in Technology sector

Technical

Beta

0.72
FTNT beta is 0.72

200-day SMA

$81.28
FTNT price is currently +24.32% above its 200-day simple moving average

14-day RSI

38.53
FTNT 14-day relative strength index is 38.53

30-day Relative Volume

1.11
FTNT 30-day relative volume is 1.11

Dividend

Profitability

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Revenue

Annual Revenue

$5.96 B
FTNT annual revenue is $5.96 billion

Annual Revenue Analysts Estimate

$6.77 B
FTNT annual revenue is currently -12.07% lower than the consensus analysts' forecast

Annual Revenue 1-Year Change

+12.27%
FTNT annual revenue is up +12.27% year-on-year

Annual Revenue Sector Rank

88.87%
FTNT annual revenue is higher than 88.87% of companies in Technology sector

Profit

Annual Gross Profit

$4.80 B
FTNT annual gross profit is $4.80 billion

Annual Gross Margin

80.56%
FTNT annual gross profit margin is 80.56%

Annual Operating Profit

$1.80 B
FTNT annual operating income is $1.80 billion

Annual Operating Margin

30.28%
FTNT annual operating profit margin is 30.28%

Annual Net Income

$1.75 B
FTNT annual net profit is $1.75 billion

Annual Net Margin

29.30%
FTNT annual net profit margin is 29.30%

EPS

Annual EPS

$2.26
FTNT annual earnings per share is $2.26

Annual EPS Analysts Estimate

$2.47
FTNT annual earnings per share is currently -8.55% lower than the consensus analysts' forecast

Annual EPS 1-Year Change

+54.79%
FTNT annual earnings per share is up +54.79% year-on-year

Annual EPS Sector Rank

81.45%
FTNT annual earnings per share is higher than 81.45% of companies in Technology sector

ROA & ROE

Annual ROA

20.51%
FTNT annual return on assets is 20.51%

Annual ROE

338.74%
FTNT annual return on equity is 338.74%

EBIT & EBITDA

Annual EBIT

$2.08 B
FTNT annual earnings before interest & taxes is $2.08 billion

Annual EBITDA

$2.20 B
FTNT annual EBITDA is $2.20 billion

Valuation

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PE Ratio

PE Ratio

44.71
FTNT price to earnings ratio is 44.71

PE Ratio Sector Rank

69.14%
FTNT price to earnings ratio is higher than 69.14% of companies in Technology sector

PB Ratio

PB Ratio

52.01
FTNT price to book ratio is 52.01

PB Ratio Sector Rank

98.99%
FTNT price to book ratio is higher than 98.99% of companies in Technology sector

PS Ratio

PS Ratio

13.05
FTNT price to sales ratio is 13.05

PS Ratio Sector Rank

88.94%
FTNT price to sales ratio is higher than 88.94% of companies in Technology sector

Enterprise value

Enterprise Value

$75.82 B
FTNT enterprise value is $75.82 billion

Enterprise Value Sector Rank

95.06%
FTNT enterprise value is higher than 95.06% of companies in Technology sector

EV/EBITDA

EV/EBITDA

34.44
FTNT EV/EBITDA is 34.44

EV/EBITDA Sector Rank

84.7%
FTNT EV/EBITDA is higher than 84.7% of companies in Technology sector

Financial Health

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Liquidity

Annual Current Ratio

1.47
FTNT annual current ratio is 1.47

Annual Quick Ratio

1.39
FTNT annual quick ratio is 1.39

Leverage

Annual Debt To Equity

0.67
FTNT annual debt to equity ratio is 0.67

Annual Interest Coverage Ratio

103.93
FTNT annual interest coverage ratio is 103.93

Risk & Stability

Piotroski F-Score

6
FTNT piotroski f-score is 6

Altman Z-Score

7.17
FTNT altman z-score is 7.17

Balance Sheet

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Assets

Annual Total Assets

$9.76 B
FTNT annual total assets is $9.76 billion

Annual Non Current Assets

$3.79 B
FTNT annual long term assets is $3.79 billion

Annual Current Assets

$5.97 B
FTNT annual total current assets is $5.97 billion

Annual Cash & Cash Equivalents

$2.88 B
FTNT annual cash & cash equivalents is $2.88 billion

Equity

Annual Book Value

$1.49 B
FTNT annual book value is $1.49 billion

Annual Working Capital

$1.91 B
FTNT annual working capital is $1.91 billion

Liabilities

Annual Total Liabilities

$8.27 B
FTNT annual total liabilities is $8.27 billion

Annual Total Long Term Liabilities

$4.21 B
FTNT annual total long term liabilities is $4.21 billion

Annual Current Liabilities

$4.06 B
FTNT annual total current liabilities is $4.06 billion

Annual Accounts Payable

$190.90 M
FTNT annual accounts payable is $190.90 million

Debt

Annual Total Debt

$994.30 M
FTNT annual total debt is $994.30 million

Annual Total Debt 1-Year Change

+0.2%
FTNT annual total debt is up +0.2% year-on-year

Annual Long Term Debt

$994.30 M
FTNT annual long term debt is $994.30 million

Annual Short Term Debt

-
FTNT annual short term debt value is unknown

Expenses

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Annual Total Expenses

$4.15 B
FTNT annual total expenses is $4.15 billion

Annual Operating Expenses

$2.99 B
FTNT annual total operating expenses is $2.99 billion

Annual Cost Of Goods Sold

$1.16 B
FTNT annual cost of goods sold is $1.16 billion

Annual SGA

$2.28 B
FTNT annual SGA is $2.28 billion

Annual D&A

$122.80 M
FTNT annual depreciation & amortization is $122.80 million

Annual Interest Expense

$20.00 M
FTNT annual interest expense is $20.00 million

Cash Flow

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Cashflow Activities

Annual CFO

$2.26 B
FTNT annual cash flow from operations is $2.26 billion

Annual CFO 1-Year Change

+16.67%
FTNT annual cash flow from operations is up +16.67% year-on-year

Annual CFI

-$727.40 M
FTNT annual cash flow from investing activities is -$727.40 million

Annual CFI 1-Year Change

-12.03%
FTNT annual cash flow from investing activities is down -12.03% year-on-year

Annual CFF

-$50.10 M
FTNT annual cash flow from financing activities is -$50.10 million

Annual CFF 1-Year Change

+96.81%
FTNT annual cash flow from financing activities is up +96.81% year-on-year

Free CashFlow

Annual FCF

$1.88 B
FTNT annual free cash flow is $1.88 billion

Annual FCF 1-Year Change

+8.54%
FTNT annual free cash flow is up +8.54% year-on-year

CAPEX

Annual CAPEX

$378.90 M
FTNT annual capital expenditures is $378.90 million

Annual CAPEX 1-Year Change

+85.64%
FTNT annual capital expenditures is up +85.64% year-on-year

Institutional Ownership

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FAQ

  • What is the ticker symbol for Fortinet?
  • Does Fortinet pay dividends?
  • What sector is Fortinet in?
  • What industry is Fortinet in?
  • What country is Fortinet based in?
  • When did Fortinet go public?
  • Is Fortinet in the S&P 500?
  • Is Fortinet in the NASDAQ 100?
  • Is Fortinet in the Dow Jones?
  • When was Fortinet's last earnings report?
  • When does Fortinet report earnings?
  • Should I buy Fortinet stock now?

What is the ticker symbol for Fortinet?

The ticker symbol for Fortinet is NASDAQ:FTNT

Does Fortinet pay dividends?

No, Fortinet does not pay dividends

What sector is Fortinet in?

Fortinet is in the Technology sector

What industry is Fortinet in?

Fortinet is in the Software Infrastructure industry

What country is Fortinet based in?

Fortinet is headquartered in United States

When did Fortinet go public?

Fortinet's initial public offering (IPO) was on November 18, 2009

Is Fortinet in the S&P 500?

Yes, Fortinet is included in the S&P 500 index

Is Fortinet in the NASDAQ 100?

Yes, Fortinet is included in the NASDAQ 100 index

Is Fortinet in the Dow Jones?

No, Fortinet is not included in the Dow Jones index

When was Fortinet's last earnings report?

Fortinet's most recent earnings report was on Feb 6, 2025

When does Fortinet report earnings?

The next expected earnings date for Fortinet is May 2, 2025

Should I buy Fortinet stock now?

As of today, analysts generally recommend a 'Hold' rating. However, it's important to do your own research and consider your financial situation before making any investment decisions