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Fortinet Inc, Common Stock

FTNT

NSQ

$97.19

+$2.34

(2.47%)

1D
Industry: Software Sector: Information Technology

Analyst Forecast

Price Chart

Key Metrics

Market Cap info-icon
This is a company’s total value as determined by the stock market. It is calculated by multiplying the total number of a company's outstanding shares by the current market price of one share.
$71.56B
P/E Ratio info-icon
This is the ratio of a security’s current share price to its earnings per share. This ratio determines the relative value of a company’s share.
46.9146
Volume info-icon
This is the total number of shares traded during the most recent trading day.
11.27M
Avg Volume info-icon
This is the average number of shares traded during the most recent 30 days.
0
Dividend Yield info-icon
This ratio shows how much income you earn in dividend payouts per year for every dollar invested in the stock (or the stock’s annual dividend payment expressed as a percentage of its current price).
0.00%
Beta info-icon
This measures the expected move in a stock’s price relative to movements in the overall market. The market, such as the S&P 500 Index, has a beta of 1.0. If a stock has a Beta greater (or lower) than 1.0, it suggests that the stock is more (or less) volatile than the broader market.
0.99
52-week Range info-icon
This shows the range of the stock’s price between the 52-week high (the highest price of the stock for the past 52 weeks) and the 52-week low (the lowest price of the stock for the past 52 weeks).
$54.57 L
$100.59 H
$97.19

About Fortinet Inc, Common Stock

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

Industry: SoftwareSector: Information Technology

Returns

Time FrameFTNTSectorS&P500
1-Week Return-0.78%-2.74%-3%
1-Month Return5.13%0.59%-0.73%
3-Month Return26.58%4.48%2.87%
6-Month Return67.74%1.61%7.17%
1-Year Return69.17%22.58%25.31%
3-Year Return47.02%40.42%28.38%
5-Year Return354.5%155.62%81.89%
10-Year Return1486.52%452.63%183.27%

Financials

Dec '19Dec '20Dec '21Dec '22Dec '235YR TREND
Total Revenue2.16B2.59B3.34B4.42B5.30B[{"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 Revenue505.90M570.00M783.00M1.08B1.24B[{"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 Profit1.65B2.02B2.56B3.33B4.07B[{"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 Margin76.54%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 Expenses1.31B1.53B1.91B2.37B2.83B[{"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 Income344.20M531.80M650.40M969.60M1.24B[{"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/Expense77.50M27.60M(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 Income379.20M541.70M628.40M955.50M1.33B[{"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 Taxes52.70M53.20M14.10M30.80M143.80M[{"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 Taxes326.50M488.50M614.30M924.70M1.19B[{"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 Operations326.50M488.50M606.70M856.60M1.15B[{"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 Income326.50M488.50M606.80M857.30M1.15B[{"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)0.490.670.801.201.64[{"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}]

Ratios

Liquidity

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

Asset Efficiency

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%

Liabilities

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

Valuation

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

FAQs

What is Fortinet Inc share price today?

Fortinet Inc (FTNT) share price today is $97.19

Can Indians buy Fortinet Inc shares?

Yes, Indians can buy shares of Fortinet Inc (FTNT) on Vested. To buy Fortinet Inc from India, you can open a US Brokerage account on Vested today by clicking on Sign Up or Invest in FTNT stock at the top of this page. The account opening process is completely digital and secure, and takes a few minutes to complete.

Can Fractional shares of Fortinet Inc be purchased?

Yes, you can purchase fractional shares of Fortinet Inc (FTNT) via the Vested app. You can start investing in Fortinet Inc (FTNT) with a minimum investment of $1.

How to invest in Fortinet Inc shares from India?

You can invest in shares of Fortinet Inc (FTNT) via Vested in three simple steps:

  • Click on Sign Up or Invest in FTNT stock at the top of this page
  • Breeze through our fully digital and secure KYC process and open your US Brokerage account in a few minutes
  • Transfer USD funds to your US Brokerage account and start investing in Fortinet Inc shares
What is Fortinet Inc 52-week high and low stock price?

The 52-week high price of Fortinet Inc (FTNT) is $100.59. The 52-week low price of Fortinet Inc (FTNT) is $54.57.

What is Fortinet Inc price-to-earnings (P/E) ratio?

The price-to-earnings (P/E) ratio of Fortinet Inc (FTNT) is 46.9146

What is Fortinet Inc price-to-book (P/B) ratio?

The price-to-book (P/B) ratio of Fortinet Inc (FTNT) is 78.80

What is Fortinet Inc dividend yield?

The dividend yield of Fortinet Inc (FTNT) is 0.00%

What is the Market Cap of Fortinet Inc?

The market capitalization of Fortinet Inc (FTNT) is $71.56B

What is Fortinet Inc’s stock symbol?

The stock symbol (or ticker) of Fortinet Inc is FTNT

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