FTNT Fortinet Inc

  1. Stocks
  2. Technology
  3. NASDAQ: FTNT

Price (delayed)

$335.29

Market cap

$54.76B

P/E Ratio

105.77

Dividend/share

N/A

EPS

$3.17

Enterprise value

$53.87B

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 equity has soared by 93% YoY and by 7% from the previous quarter
The EPS has grown by 28% YoY and by 4.6% from the previous quarter
The quick ratio has increased by 47% YoY but it has decreased by 2.6% from the previous quarter
The stock's price to earnings (P/E) is 85% more than its last 4 quarters average of 57.1 and 22% more than its 5-year quarterly average of 86.9
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
163.32M
Market cap
$54.76B
Enterprise value
$53.87B
Valuations
Price to earnings (P/E)
105.77
Price to book (P/B)
52.14
Price to sales (P/S)
18.81
EV/EBIT
94.64
EV/EBITDA
84.33
EV/Sales
18.51
Earnings
Revenue
$2.91B
EBIT
$569.2M
EBITDA
$638.8M
Free cash flow
$1.11B
Per share
EPS
$3.17
Free cash flow per share
$6.79
Book value per share
$6.43
Revenue per share
$17.82
TBVPS
$33.26
Balance sheet
Total assets
$5.56B
Total liabilities
$4.51B
Debt
$987.5M
Equity
$1.05B
Working capital
$1.91B
Liquidity
Debt to equity
0.94
Current ratio
1.96
Quick ratio
1.85
Net debt/EBITDA
-1.4
Margins
EBITDA margin
21.9%
Gross margin
77.7%
Net margin
17.7%
Operating margin
19.4%
Efficiency
Return on assets
11.1%
Return on equity
57.2%
Return on invested capital
32.8%
Return on capital employed
16%
Return on sales
19.6%
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
0.28%
1 week
6.34%
1 month
11.16%
1 year
161.62%
YTD
125.74%
QTD
14.81%

Financial performance

How have Fortinet's revenue and profit performed over time
Revenue
$2.91B
Gross profit
$2.26B
Operating income
$565.4M
Net income
$514.8M
Gross margin
77.7%
Net margin
17.7%
Fortinet's net income has increased by 24% YoY and by 4.8% from the previous quarter
Fortinet's revenue has increased by 23% YoY and by 7% from the previous quarter
FTNT's gross profit is up by 23% year-on-year and by 6% since the previous quarter
The operating income has increased by 23% YoY and by 5% QoQ

Growth

What is Fortinet's growth rate over time

Valuation

What is Fortinet stock price valuation
P/E
105.77
P/B
52.14
P/S
18.81
EV/EBIT
94.64
EV/EBITDA
84.33
EV/Sales
18.51
The stock's price to earnings (P/E) is 85% more than its last 4 quarters average of 57.1 and 22% more than its 5-year quarterly average of 86.9
The EPS has grown by 28% YoY and by 4.6% from the previous quarter
The price to book (P/B) is 190% higher than the 5-year quarterly average of 18.0 and 70% higher than the last 4 quarters average of 30.7
Fortinet's equity has soared by 93% YoY and by 7% from the previous quarter
FTNT's P/S is 158% higher than its 5-year quarterly average of 7.3 and 81% higher than its last 4 quarters average of 10.4
Fortinet's revenue has increased by 23% YoY and by 7% from the previous quarter

Efficiency

How efficient is Fortinet business performance
The return on invested capital has declined by 35% year-on-year and by 23% since the previous quarter
The company's return on equity rose by 24% YoY but it fell by 10% QoQ
The company's return on assets fell by 8% QoQ and by 7% 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 company's total assets has surged by 67% YoY and by 5% QoQ
The total liabilities has surged by 62% year-on-year and by 4.8% since the previous quarter
FTNT's debt is 6% smaller than its equity
Fortinet's equity has soared by 93% YoY and by 7% from the previous quarter
The company's debt to equity fell by 7% QoQ

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