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Fortinet, Inc. provides cybersecurity and convergence of networking and security solutions worldwide. It offers secure networking solutions focus on the convergence of networking and security; network firewall solutions that consist of FortiGate data centers, hyperscale, and distributed firewalls, as well as encrypted applications; wireless LAN solutions; and secure connectivity solutions, including FortiSwitch secure ethernet switches, FortiAP wireless local area network access points, FortiExtender 5G connectivity gateways, and other products. The company also provides the Fortinet Unified SASE solutions that include firewall, SD-WAN, Secure web gateway, cloud access services broker, data loss prevention, zero trust network access, and cloud security, including web application firewalls, virtualized firewalls, and cloud-native firewalls. In addition, it offers security operations solutions comprising FortiAI generative AI assistant, FortiSIEM security information and event management, FortiSOAR security orchestration, automation and response, FortiEDR endpoint detection and response, FortiXDR extended detection and response, FortiMDR managed detection and response service, FortiNDR network detection and response, FortiRecon digital risk protection, FortiDeceptor deception technology, FortiGuard SoCaaS, FortiSandbox sandboxing, FortiGuard incident response, and other products. Further, the company offers FortiGuard security services consisting of FortiGuard application security, content security, device security, NOC/SOC security, and web security services; FortiCare technical support services; and training services to customers and channel partners, as well as operates a FortiGuard Lab, a cybersecurity threat intelligence and research organization. It serves enterprise, communication and security service providers, government organizations, and small and medium-sized businesses. The company was incorporated in 2000 and is headquartered in Sunnyvale, California. more
Time Frame | FTNT | Sector | S&P500 |
---|---|---|---|
1-Week Return | -0.78% | -2.74% | -3% |
1-Month Return | 5.13% | 0.59% | -0.73% |
3-Month Return | 26.58% | 4.48% | 2.87% |
6-Month Return | 67.74% | 1.61% | 7.17% |
1-Year Return | 69.17% | 22.58% | 25.31% |
3-Year Return | 47.02% | 40.42% | 28.38% |
5-Year Return | 354.5% | 155.62% | 81.89% |
10-Year Return | 1486.52% | 452.63% | 183.27% |
Dec '19 | Dec '20 | Dec '21 | Dec '22 | Dec '23 | 5YR TREND | |
---|---|---|---|---|---|---|
Total Revenue | 2.16B | 2.59B | 3.34B | 4.42B | 5.30B | [{"date":"2019-12-31","value":40.65,"profit":true},{"date":"2020-12-31","value":48.91,"profit":true},{"date":"2021-12-31","value":63,"profit":true},{"date":"2022-12-31","value":83.27,"profit":true},{"date":"2023-12-31","value":100,"profit":true}] |
Cost of Revenue | 505.90M | 570.00M | 783.00M | 1.08B | 1.24B | [{"date":"2019-12-31","value":40.89,"profit":true},{"date":"2020-12-31","value":46.07,"profit":true},{"date":"2021-12-31","value":63.29,"profit":true},{"date":"2022-12-31","value":87.69,"profit":true},{"date":"2023-12-31","value":100,"profit":true}] |
Gross Profit | 1.65B | 2.02B | 2.56B | 3.33B | 4.07B | [{"date":"2019-12-31","value":40.57,"profit":true},{"date":"2020-12-31","value":49.77,"profit":true},{"date":"2021-12-31","value":62.92,"profit":true},{"date":"2022-12-31","value":81.93,"profit":true},{"date":"2023-12-31","value":100,"profit":true}] |
Gross Margin | 76.54% | 78.03% | 76.57% | 75.44% | 76.68% | [{"date":"2019-12-31","value":98.09,"profit":true},{"date":"2020-12-31","value":100,"profit":true},{"date":"2021-12-31","value":98.13,"profit":true},{"date":"2022-12-31","value":96.68,"profit":true},{"date":"2023-12-31","value":98.27,"profit":true}] |
Operating Expenses | 1.31B | 1.53B | 1.91B | 2.37B | 2.83B | [{"date":"2019-12-31","value":46.13,"profit":true},{"date":"2020-12-31","value":54.14,"profit":true},{"date":"2021-12-31","value":67.59,"profit":true},{"date":"2022-12-31","value":83.62,"profit":true},{"date":"2023-12-31","value":100,"profit":true}] |
Operating Income | 344.20M | 531.80M | 650.40M | 969.60M | 1.24B | [{"date":"2019-12-31","value":27.73,"profit":true},{"date":"2020-12-31","value":42.85,"profit":true},{"date":"2021-12-31","value":52.41,"profit":true},{"date":"2022-12-31","value":78.12,"profit":true},{"date":"2023-12-31","value":100,"profit":true}] |
Total Non-Operating Income/Expense | 77.50M | 27.60M | (32.40M) | (14.70M) | 170.80M | [{"date":"2019-12-31","value":45.37,"profit":true},{"date":"2020-12-31","value":16.16,"profit":true},{"date":"2021-12-31","value":-18.97,"profit":false},{"date":"2022-12-31","value":-8.61,"profit":false},{"date":"2023-12-31","value":100,"profit":true}] |
Pre-Tax Income | 379.20M | 541.70M | 628.40M | 955.50M | 1.33B | [{"date":"2019-12-31","value":28.43,"profit":true},{"date":"2020-12-31","value":40.62,"profit":true},{"date":"2021-12-31","value":47.12,"profit":true},{"date":"2022-12-31","value":71.64,"profit":true},{"date":"2023-12-31","value":100,"profit":true}] |
Income Taxes | 52.70M | 53.20M | 14.10M | 30.80M | 143.80M | [{"date":"2019-12-31","value":36.65,"profit":true},{"date":"2020-12-31","value":37,"profit":true},{"date":"2021-12-31","value":9.81,"profit":true},{"date":"2022-12-31","value":21.42,"profit":true},{"date":"2023-12-31","value":100,"profit":true}] |
Income After Taxes | 326.50M | 488.50M | 614.30M | 924.70M | 1.19B | [{"date":"2019-12-31","value":27.44,"profit":true},{"date":"2020-12-31","value":41.05,"profit":true},{"date":"2021-12-31","value":51.63,"profit":true},{"date":"2022-12-31","value":77.71,"profit":true},{"date":"2023-12-31","value":100,"profit":true}] |
Income From Continuous Operations | 326.50M | 488.50M | 606.70M | 856.60M | 1.15B | [{"date":"2019-12-31","value":28.37,"profit":true},{"date":"2020-12-31","value":42.45,"profit":true},{"date":"2021-12-31","value":52.72,"profit":true},{"date":"2022-12-31","value":74.44,"profit":true},{"date":"2023-12-31","value":100,"profit":true}] |
Income From Discontinued Operations | - | - | - | - | - | [{"date":"2019-12-31","value":"-","profit":true},{"date":"2020-12-31","value":"-","profit":true},{"date":"2021-12-31","value":"-","profit":true},{"date":"2022-12-31","value":"-","profit":true},{"date":"2023-12-31","value":"-","profit":true}] |
Net Income | 326.50M | 488.50M | 606.80M | 857.30M | 1.15B | [{"date":"2019-12-31","value":28.45,"profit":true},{"date":"2020-12-31","value":42.56,"profit":true},{"date":"2021-12-31","value":52.87,"profit":true},{"date":"2022-12-31","value":74.69,"profit":true},{"date":"2023-12-31","value":100,"profit":true}] |
EPS (Diluted) | 0.49 | 0.67 | 0.80 | 1.20 | 1.64 | [{"date":"2019-12-31","value":29.88,"profit":true},{"date":"2020-12-31","value":40.85,"profit":true},{"date":"2021-12-31","value":48.78,"profit":true},{"date":"2022-12-31","value":73.17,"profit":true},{"date":"2023-12-31","value":100,"profit":true}] |
These ratios help you determine the liquidity of the company. Higher is better.
FTNT | |
---|---|
Cash Ratio | 0.94 |
Current Ratio | 1.34 |
Quick Ratio | 1.25 |
These ratios help you understand the company's efficiency in using its assets to generate returns. Higher is better. For ROE, average long term is around 14%, less than 10% is poor.
FTNT | |
---|---|
ROA (LTM) | 12.32% |
ROE (LTM) | 31.15% |
These ratios help you understand the company's liabilities, gauging the riskiness of the investment.
FTNT | |
---|---|
Debt Ratio Lower is generally better. Negative is bad. | 0.90 |
Common Equity/Total Assets Higher is better. Lower can suggest investment is riskier. | 0.10 |
These ratios help you understand the company's valuation. Lower may indicate cheaper stocks.
FTNT | |
---|---|
Trailing PE | 47.66 |
Forward PE | 37.88 |
P/S (TTM) | 12.73 |
P/B | 78.80 |
Price/FCF | 127 |
EV/R | 12.06 |
EV/Ebitda | 34.53 |
PEG | 1.61 |
Fortinet Inc (FTNT) share price today is $97.19
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The 52-week high price of Fortinet Inc (FTNT) is $100.59. The 52-week low price of Fortinet Inc (FTNT) is $54.57.
The price-to-earnings (P/E) ratio of Fortinet Inc (FTNT) is 46.9146
The price-to-book (P/B) ratio of Fortinet Inc (FTNT) is 78.80
The dividend yield of Fortinet Inc (FTNT) is 0.00%
The market capitalization of Fortinet Inc (FTNT) is $71.56B
The stock symbol (or ticker) of Fortinet Inc is FTNT