FTNT Fortinet Inc

  1. Stocks
  2. Technology
  3. NASDAQ: FTNT

Price (delayed)

$61.785

Market cap

$49.59B

P/E Ratio

79.21

Dividend/share

N/A

EPS

$0.78

Enterprise value

$49.66B

Fortinet is an American multinational corporation headquartered in Sunnyvale, California. It develops and markets cybersecurity products and services, such as firewalls, anti-virus, intrusion prevention and endpoint security. Fortinet was founded ...

Highlights
Fortinet's revenue has increased by 32% YoY and by 7% from the previous quarter
Fortinet's net income has increased by 30% YoY and by 5% from the previous quarter
Fortinet's equity has plunged by 78% YoY and by 72% from the previous quarter
The quick ratio has decreased by 38% YoY and by 19% from the previous quarter
Sector: Technology
Industry: Software - Infrastructure
Website: https://www.fortinet.com/
Peers: JNPR FFIV HPQ NTGR

Key stats

What are the main financial stats of FTNT
Market
Shares outstanding
802.64M
Market cap
$49.59B
Enterprise value
$49.66B
Valuations
Price to earnings (P/E)
79.21
Price to book (P/B)
228.2
Price to sales (P/S)
13.84
EV/EBIT
76.41
EV/EBITDA
66.88
EV/Sales
13.84
Earnings
Revenue
$3.59B
EBIT
$649.9M
EBITDA
$742.5M
Free cash flow
$1.21B
Per share
EPS
$0.78
Free cash flow per share
$1.51
Book value per share
$0.27
Revenue per share
$4.46
TBVPS
$6.81
Balance sheet
Total assets
$5.65B
Total liabilities
$5.42B
Debt
$988.9M
Equity
$217.7M
Working capital
$697.8M
Liquidity
Debt to equity
4.54
Current ratio
1.28
Quick ratio
1.17
Net debt/EBITDA
0.09
Margins
EBITDA margin
20.7%
Gross margin
75.5%
Net margin
17.8%
Operating margin
19%
Efficiency
Return on assets
11%
Return on equity
80.6%
Return on invested capital
22.8%
Return on capital employed
20.7%
Return on sales
18.1%
Dividend
Dividend yield
N/A
DPS
N/A
Payout ratio
N/A

FTNT stock price

How has the Fortinet stock price performed over time
Intraday
3.2%
1 week
9.2%
1 month
1.16%
1 year
21.95%
YTD
-14.04%
QTD
9.2%

Financial performance

How have Fortinet's revenue and profit performed over time
Revenue
$3.59B
Gross profit
$2.71B
Operating income
$679.8M
Net income
$638M
Gross margin
75.5%
Net margin
17.8%
Fortinet's revenue has increased by 32% YoY and by 7% from the previous quarter
Fortinet's net income has increased by 30% YoY and by 5% from the previous quarter
The operating income has increased by 27% YoY and by 4.5% QoQ
FTNT's gross profit is up by 27% year-on-year and by 6% since the previous quarter

Growth

What is Fortinet's growth rate over time

Valuation

What is Fortinet stock price valuation
P/E
79.21
P/B
228.2
P/S
13.84
EV/EBIT
76.41
EV/EBITDA
66.88
EV/Sales
13.84
The EPS has grown by 28% YoY and by 5% from the previous quarter
The stock's price to earnings (P/E) is 11% less than its last 4 quarters average of 86.6
The price to book (P/B) is 117% higher than the last 4 quarters average of 101.8
Fortinet's equity has plunged by 78% YoY and by 72% from the previous quarter
FTNT's P/S is 47% higher than its 5-year quarterly average of 9.1 but 13% lower than its last 4 quarters average of 15.4
Fortinet's revenue has increased by 32% YoY and by 7% from the previous quarter

Efficiency

How efficient is Fortinet business performance
The return on invested capital has declined by 47% year-on-year and by 3.8% since the previous quarter
The company's return on equity rose by 31% QoQ and by 27% YoY
The ROS has contracted by 10% YoY and by 4.7% from the previous quarter
The company's return on assets fell by 9% YoY but it rose by 2.8% QoQ

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 4.3% higher than its total liabilities
The quick ratio has decreased by 38% YoY and by 19% from the previous quarter
The current ratio has contracted by 36% YoY and by 17% from the previous quarter
Fortinet's equity has plunged by 78% YoY and by 72% from the previous quarter

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