FTNT Fortinet Inc

  1. Stocks
  2. Technology
  3. NASDAQ: FTNT

Price (delayed)

$161.95

Market cap

$118.82B

P/E Ratio

56.63

Dividend/share

N/A

EPS

$2.86

Enterprise value

$116.39B

?
Relative Growth: Rel. Growth: 97
Relative Strength: Rel. Strength: 96
Relative Valuation: Rel. Valuation: 15
Relative Profitability: Rel. Profitability: 96

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 revenue has increased by 19% YoY and by 6% from the previous quarter
Fortinet's equity has soared by 57% from the previous quarter but it has decreased by 25% YoY
The quick ratio has increased by 11% from the previous quarter but it has decreased by 6% YoY
The stock's price to earnings (P/E) is 49% more than its last 4 quarters average of 38.0 and 11% more than its 5-year quarterly average of 51.0
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
4.99%
1 week
6.29%
1 month
5.42%
1 year
62.11%
YTD
103.94%
QTD
5.42%

Financial performance

How have Fortinet's revenue and profit performed over time
Revenue
$7.53B
Gross profit
$6.04B
Operating income
$2.44B
Net income
$2.12B
Gross margin
80.2%
Net margin
28.2%
The operating income has increased by 25% YoY and by 10% QoQ
Fortinet's revenue has increased by 19% YoY and by 6% from the previous quarter
FTNT's gross profit is up by 17% year-on-year and by 6% since the previous quarter
Fortinet's net income has increased by 9% YoY and by 9% from 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
56.63
P/B
76.5
P/S
15.77
EV/EBIT
44.07
EV/EBITDA
41.56
EV/Sales
15.46
The stock's price to earnings (P/E) is 49% more than its last 4 quarters average of 38.0 and 11% more than its 5-year quarterly average of 51.0
The EPS has grown by 13% YoY and by 10% from the previous quarter
Fortinet's equity has soared by 57% from the previous quarter but it has decreased by 25% YoY
The price to book (P/B) is 14% higher than the last 4 quarters average of 67.3
FTNT's P/S is 50% higher than its last 4 quarters average of 10.5 and 40% higher than its 5-year quarterly average of 11.3
Fortinet's revenue has increased by 19% YoY and by 6% from the previous quarter

Efficiency

How efficient is Fortinet business performance
The company's return on equity has surged by 56% YoY and by 21% QoQ
The return on invested capital is up by 9% year-on-year and by 7% since the previous quarter
The company's return on assets rose by 8% QoQ and by 7% YoY
The ROS has contracted by 3.3% YoY but it has grown by 2.3% from the previous quarter

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 17% higher than its total liabilities
The quick ratio has increased by 11% from the previous quarter but it has decreased by 6% YoY
The current ratio has grown by 11% from the previous quarter but it has contracted by 3.8% YoY
FTNT's debt is 68% smaller than its equity
Fortinet's equity has soared by 57% from the previous quarter but it has decreased by 25% YoY
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.