FTNT Fortinet Inc

  1. Stocks
  2. Technology
  3. NASDAQ: FTNT

Price (delayed)

$128.92

Market cap

$94.72B

P/E Ratio

41.59

Dividend/share

N/A

EPS

$3.1

Enterprise value

$91.47B

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Relative Growth: Rel. Growth:
Relative Strength: Rel. Strength:
Relative Valuation: Rel. Valuation:
Relative Profitability: Rel. Profitability: 97

Fortinet is a driving force in the evolution of cybersecurity and the convergence of networking and security. Our mission is to secure people, devices, and data everywhere, and today we ...

Highlights
FTNT's debt has dropped by 50% year-on-year
Fortinet's equity has increased by 45% from the previous quarter
Sector: Technology
Industry: Software - Infrastructure
Website: http://www.fortinet.com
Peers: FFIV CHKP HPQ NTGR

Key stats

What are the main financial stats of FTNT

FTNT stock price

How has the Fortinet stock price performed over time
Intraday
0.64%
1 week
5.23%
1 month
-33.18%
1 year
56.95%
YTD
62.35%
QTD
-27.88%

Financial performance

How have Fortinet's revenue and profit performed over time
Revenue
$7.88B
Gross profit
$6.29B
Operating income
$2.6B
Net income
$2.28B
Gross margin
79.7%
Net margin
29%
The operating income has increased by 28% YoY and by 6% QoQ
Fortinet's net income has increased by 22% YoY and by 8% from the previous quarter
Fortinet's revenue has increased by 20% YoY and by 4.7% from the previous quarter
FTNT's gross profit is up by 19% year-on-year and by 4.1% since the previous quarter

Price vs fundamentals

How does FTNT's price correlate with its fundamentals

Growth

What is Fortinet's growth rate over time

Valuation

What is Fortinet stock price valuation
FTNT P/E details
P/E
41.59
P/B
42.1
P/S
12.01
EV/EBIT
32.68
EV/EBITDA
30.92
EV/Sales
11.61
The EPS has grown by 27% YoY and by 8% from the previous quarter
The stock's price to earnings (P/E) is 17% less than its 5-year quarterly average of 49.6 and 6% less than its last 4 quarters average of 43.8
Fortinet's equity has increased by 45% from the previous quarter
The price to book (P/B) is 30% lower than the last 4 quarters average of 59.9
Fortinet's revenue has increased by 20% YoY and by 4.7% from the previous quarter
FTNT's P/S is 4.6% higher than its 5-year quarterly average of 11.4 but 2.2% lower than its last 4 quarters average of 12.2

Efficiency

How efficient is Fortinet business performance
The company's return on equity rose by 26% YoY but it fell by 19% QoQ
The return on invested capital is up by 17% year-on-year and by 6% since the previous quarter
The company's return on assets rose by 13% YoY
The ROS has grown by 2.3% YoY

Dividends

What is FTNT's dividend
DPS
N/A
Dividend yield
N/A
Payout ratio
N/A

There are no recent dividends present for FTNT.

Financial health

How did Fortinet financials performed over time
The company's total assets is 23% higher than its total liabilities
The quick ratio has increased by 37% YoY and by 8% from the previous quarter
The current ratio has grown by 36% YoY and by 9% from the previous quarter
FTNT's debt is 78% smaller than its equity
The company's debt to equity has shrunk by 84% YoY and by 31% QoQ
FTNT's debt has dropped by 50% year-on-year

All financial data is based on trailing twelve months (TTM) periods - updated quarterly, unless otherwise specified.