FTNT Fortinet Inc

Price (delayed)

$151.82

Market cap

$24.65B

P/E Ratio

55.61

Dividend/share

N/A

EPS

$2.73

Enterprise value

$23.76B

Sector: Technology
Industry: Software - Infrastructure

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

FTNT's gross profit is up by 23% year-on-year and by 4.8% since the previous quarter
Fortinet's revenue has increased by 20% YoY and by 4.4% from the previous quarter
The stock's price to earnings (P/E) is 74% less than its 5-year quarterly average of 215.9 but 10% more than its last 4 quarters average of 50.5
Fortinet's equity has decreased by 41% YoY but it has increased by 31% from the previous quarter

Key stats

What are the main financial stats of FTNT
Market
Shares outstanding
162.33M
Market cap
$24.65B
Enterprise value
$23.76B
Valuations
Price to earnings (P/E)
55.61
Price to book (P/B)
34.45
Price to sales (P/S)
10.01
EV/EBIT
48.03
EV/EBITDA
42.24
EV/Sales
9.67
Earnings
Revenue
$2.46B
EBIT
$494.8M
EBITDA
$562.6M
Free cash flow
$836.8M
Per share
EPS
$2.73
Free cash flow per share
$5.16
Book value per share
$4.41
Revenue per share
$15.16
TBVPS
$21.55
Balance sheet
Total assets
$3.59B
Total liabilities
$2.87B
Debt
$0
Equity
$713.2M
Working capital
$739M
Liquidity
Debt to equity
0
Current ratio
1.45
Quick ratio
1.34
Net debt/EBITDA
-1.57
Margins
EBITDA margin
22.9%
Gross margin
77.9%
Net margin
18.5%
Operating margin
19.4%
Efficiency
Return on assets
13%
Return on equity
58%
Return on invested capital
53.2%
Return on capital employed
25.5%
Return on sales
20.1%
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
0.39%
1 week
3.61%
1 month
1.36%
1 year
28.67%
YTD
2.22%
QTD
2.22%

Financial performance

How have Fortinet's revenue and profit performed over time
Revenue
$2.46B
Gross profit
$1.91B
Operating income
$477.9M
Net income
$454.7M
Gross margin
77.9%
Net margin
18.5%
The operating income has soared by 53% YoY and by 6% QoQ
The operating margin has increased by 28% year-on-year
FTNT's gross profit is up by 23% year-on-year and by 4.8% since the previous quarter
Fortinet's revenue has increased by 20% YoY and by 4.4% from the previous quarter

Growth

What is Fortinet's growth rate over time

Valuation

What is Fortinet stock price valuation
P/E
55.61
P/B
34.45
P/S
10.01
EV/EBIT
48.03
EV/EBITDA
42.24
EV/Sales
9.67
The stock's price to earnings (P/E) is 74% less than its 5-year quarterly average of 215.9 but 10% more than its last 4 quarters average of 50.5
The EPS has grown by 18% YoY and by 12% from the previous quarter
The price to book (P/B) is 144% higher than the 5-year quarterly average of 14.1 and 21% higher than the last 4 quarters average of 28.4
Fortinet's equity has decreased by 41% YoY but it has increased by 31% from the previous quarter
FTNT's P/S is 59% higher than its 5-year quarterly average of 6.3 and 21% higher than its last 4 quarters average of 8.3
Fortinet's revenue has increased by 20% YoY and by 4.4% from the previous quarter

Efficiency

How efficient is Fortinet business performance
The company's return on equity has surged by 62% YoY and by 28% QoQ
The return on invested capital is up by 28% year-on-year and by 5% since the previous quarter
The ROS has grown by 20% YoY
The company's return on assets rose by 10% QoQ and by 9% 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 25% higher than its total liabilities
The quick ratio has decreased by 23% YoY but it has increased by 6% from the previous quarter
The total liabilities has increased by 23% year-on-year and by 3.1% since the previous quarter
FTNT's debt is 100% smaller than its equity
Fortinet's equity has decreased by 41% YoY but it has increased by 31% from the previous quarter

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