FTNT Fortinet Inc

  1. Stocks
  2. Technology
  3. NASDAQ: FTNT

Price (delayed)

$63.4

Market cap

$48.38B

P/E Ratio

43.13

Dividend/share

N/A

EPS

$1.47

Enterprise value

$47.97B

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
The EPS has grown by 36% YoY
Fortinet's net income has increased by 34% YoY
Fortinet's equity has plunged by 65% YoY
The quick ratio has decreased by 10% from the previous quarter and by 9% YoY
Sector: Technology
Industry: Software - Infrastructure
Website: https://www.fortinet.com/
Peers: JNPR FFIV CHKP HPQ

Key stats

What are the main financial stats of FTNT
Market
Shares outstanding
763.03M
Market cap
$48.38B
Enterprise value
$47.97B
Valuations
Price to earnings (P/E)
43.13
Price to book (P/B)
N/A
Price to sales (P/S)
9.31
EV/EBIT
36.55
EV/EBITDA
33.64
EV/Sales
9.04
Earnings
Revenue
$5.3B
EBIT
$1.31B
EBITDA
$1.43B
Free cash flow
$1.73B
Per share
EPS
$1.47
Free cash flow per share
$2.22
Book value per share
-$0.6
Revenue per share
$6.81
TBVPS
$9.12
Balance sheet
Total assets
$7.26B
Total liabilities
$7.72B
Debt
$992.3M
Equity
-$463.4M
Working capital
$709.3M
Liquidity
Debt to equity
-2.14
Current ratio
1.19
Quick ratio
1.03
Net debt/EBITDA
-0.28
Margins
EBITDA margin
26.9%
Gross margin
76.7%
Net margin
21.6%
Operating margin
23.4%
Efficiency
Return on assets
15.8%
Return on equity
N/A
Return on invested capital
52.8%
Return on capital employed
37.1%
Return on sales
24.7%
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
-0.98%
1 week
-4.59%
1 month
-6.48%
1 year
-5.82%
YTD
8.32%
QTD
-7.19%

Financial performance

How have Fortinet's revenue and profit performed over time
Revenue
$5.3B
Gross profit
$4.07B
Operating income
$1.24B
Net income
$1.15B
Gross margin
76.7%
Net margin
21.6%
Fortinet's net income has increased by 34% YoY
The operating income has increased by 28% YoY and by 2.3% QoQ
FTNT's gross profit is up by 22% year-on-year and by 2.9% since the previous quarter
Fortinet's revenue has increased by 20% YoY and by 2.6% from the previous quarter

Growth

What is Fortinet's growth rate over time

Valuation

What is Fortinet stock price valuation
FTNT P/E details
P/E
43.13
P/B
N/A
P/S
9.31
EV/EBIT
36.55
EV/EBITDA
33.64
EV/Sales
9.04
The EPS has grown by 36% YoY
The stock's price to earnings (P/E) is 24% less than its 5-year quarterly average of 56.7 and 9% less than its last 4 quarters average of 47.4
Fortinet's equity has plunged by 65% YoY
Fortinet's revenue has increased by 20% YoY and by 2.6% from the previous quarter
FTNT's P/S is 11% lower than its 5-year quarterly average of 10.5 and 8% lower than its last 4 quarters average of 10.1

Efficiency

How efficient is Fortinet business performance
The return on invested capital has surged by 53% year-on-year
The ROS has grown by 20% YoY and by 3.8% from the previous quarter
The company's return on assets rose by 3.9% YoY but it fell by 3.7% 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 6% lower than its total liabilities
The total liabilities has increased by 19% year-on-year and by 4.3% since the previous quarter
The company's total assets rose by 17% YoY but it fell by 2.9% QoQ
The company's debt to equity has shrunk by 116% QoQ but it rose by 39% YoY
Fortinet's equity has plunged by 65% YoY

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