Fortinet, Inc. company logo
Fortinet, Inc. logo

Fortinet, Inc. (FTNT) Altman Z-Score

Altman Z-Score

8.041.68-17.28%

Summary

Current Value
As of today, FTNT altman z-score is 8.04, down -17.28% on
Current Value Category
Based on its current altman z-score, FTNT falls into the safe category
Sector Comparison
FTNT altman z-score is higher than 80.41% of companies in Technology sector

Chart

SUGGESTED SERIES

Performance

FTNT Performance
MetricDateValue1D1M3MYTD1Y3Y5Y
Altman Z-Score8.04-17.3%-19.1%-8.1%+54.3%+34.7%+59.5%-30.3%
Price$139.10-20.1%-22.2%-9.8%+75.2%+65.2%+147.0%+106.8%
Annual Working Capital$866.20M-54.7%–––-54.7%+18.3%-4.9%
Annual Retained Earnings-$507.90M-333.7%–––-333.7%+67.2%-44.3%
Annual EBIT$2.07B+15.3%–––+15.3%+115.0%+321.9%
Annual Current Ratio1.17-20.4%–––-20.4%-5.7%-22.0%
Annual Quick Ratio1.09-21.6%–––-21.6%-5.2%-23.2%
Annual Debt To Equity0.86+19.4%–––+19.4%+122.3%+1333.3%
Piotroski F-Score7+16.7%–+16.7%–+16.7%0.0%+40.0%

History

DateValueChange
8.04+54.3%
5.21-22.1%
6.69+48.3%
4.51-0.7%
4.54-42.5%
7.90+37.9%
5.73+1.2%
5.66+21.7%
4.65+28.1%
DateValueChange
3.63+4.0%
3.49-16.1%
4.16-22.2%
5.35+21.9%
4.39-23.0%
5.70-17.0%
6.87+3.2%
6.66+46.1%
4.56-

FAQ

What is the current altman z-score of FTNT?
As of today, FTNT altman z-score is 8.04
What altman z-score category does FTNT fall into?
Based on its current altman z-score, FTNT falls into the safe category
How does FTNT altman z-score rank versus sector peers?
FTNT altman z-score is higher than 80.41% of companies in Technology sector

Formula

Z-Score = 1.2*A + 1.4*B + 3.3*C + 0.6*D + 1.0*E

Data Sources & References

  1. FTNT Official Website www.fortinet.com
  2. Most Recent Annual Report (10-K) www.sec.gov/Archives/edgar/data/1262039/000126203926000003/0001262039-26-000003-index.htm
  3. FTNT Profile on Yahoo Finance finance.yahoo.com/quote/FTNT
  4. FTNT Profile on NASDAQ.com www.nasdaq.com/market-activity/stocks/ftnt