FTNT Fortinet Inc
Price (delayed)
$102.78
Market cap
$78.78B
P/E Ratio
51.39
Dividend/share
N/A
EPS
$2
Enterprise value
$77.28B
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 and by 18% from the previous quarter
Fortinet's net income has increased by 33% YoY and by 17% from the previous quarter
The stock's price to earnings (P/E) is 30% more than its last 4 quarters average of 39.6 but 9% less than its 5-year quarterly average of 56.5
Key stats
What are the main financial stats of FTNT
Market
Valuations
Earnings
Shares outstanding
766.45M
Market cap
$78.78B
Enterprise value
$77.28B
Price to earnings (P/E)
51.39
Price to book (P/B)
86.57
Price to sales (P/S)
13.77
EV/EBIT
41.94
EV/EBITDA
39.42
EV/Sales
13.53
Revenue
$5.71B
Gross profit
$4.55B
Operating income
$1.61B
Net income
$1.53B
EBIT
$1.84B
EBITDA
$1.96B
Free cash flow
$1.66B
Per share
Balance sheet
Liquidity
EPS
$2
EPS diluted
$1.99
Free cash flow per share
$2.18
Book value per share
$1.19
Revenue per share
$7.47
TBVPS
$11.15
Total assets
$8.85B
Total liabilities
$7.94B
Debt
$993.8M
Equity
$908.1M
Working capital
$1.34B
Debt to equity
1.09
Current ratio
1.34
Quick ratio
1.22
Net debt/EBITDA
-0.76
Margins
Efficiency
Dividend
EBITDA margin
34.3%
Gross margin
79.7%
Net margin
26.8%
Operating margin
28.3%
Return on assets
19.2%
Return on equity
1,027.8%
Return on invested capital
62.2%
Return on capital employed
37.1%
Return on sales
32.3%
Dividend yield
N/A
DPS
N/A
Payout ratio
N/A
FTNT stock price
How has the Fortinet stock price performed over time
Intraday
1.86%
1 week
2.96%
1 month
5.45%
1 year
54.7%
YTD
8.78%
QTD
8.78%
Financial performance
How have Fortinet's revenue and profit performed over time
Revenue
$5.71B
Gross profit
$4.55B
Operating income
$1.61B
Net income
$1.53B
Gross margin
79.7%
Net margin
26.8%
The operating income has increased by 33% YoY and by 12% QoQ
Fortinet's net income has increased by 33% YoY and by 17% from the previous quarter
FTNT's net margin is up by 21% year-on-year and by 13% since the previous quarter
The operating margin has increased by 20% year-on-year and by 8% since the previous quarter
Growth
What is Fortinet's growth rate over time
Valuation
What is Fortinet stock price valuation
P/E
51.39
P/B
86.57
P/S
13.77
EV/EBIT
41.94
EV/EBITDA
39.42
EV/Sales
13.53
The EPS has grown by 36% YoY and by 18% from the previous quarter
The stock's price to earnings (P/E) is 30% more than its last 4 quarters average of 39.6 but 9% less than its 5-year quarterly average of 56.5
FTNT's P/S is 50% higher than its last 4 quarters average of 9.2 and 28% higher than its 5-year quarterly average of 10.8
Fortinet's revenue has increased by 10% YoY and by 3.1% from the previous quarter
Efficiency
How efficient is Fortinet business performance
The company's return on equity has shrunk by 72% YoY
The ROS has grown by 36% YoY and by 16% from the previous quarter
The company's return on assets rose by 17% YoY and by 12% QoQ
The return on invested capital is up by 17% year-on-year and by 12% since 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 11% higher than its total liabilities
The company's total assets rose by 18% YoY and by 10% QoQ
The total liabilities has increased by 7% year-on-year and by 2.3% since the previous quarter
FTNT's debt is 9% greater than its equity
The company's debt to equity has shrunk by 92% YoY and by 68% QoQ
All financial data is based on trailing twelve months (TTM) periods - updated quarterly, unless otherwise
specified. Data from 
and Sharadar.