FTNT Fortinet Inc

  1. Stocks
  2. Technology
  3. NASDAQ: FTNT

Price (delayed)

$156.25

Market cap

$114.48B

P/E Ratio

60.1

Dividend/share

N/A

EPS

$2.6

Enterprise value

$112.75B

?
Relative Growth: Rel. Growth: 95
Relative Strength: Rel. Strength: 93
Relative Valuation: Rel. Valuation: 14
Relative Profitability: Rel. Profitability: 96

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 debt has dropped by 50% since the previous quarter and by 50% year-on-year
Fortinet's revenue has increased by 16% YoY and by 4.6% from the previous quarter
The stock's price to earnings (P/E) is 71% more than its last 4 quarters average of 35.1 and 18% more than its 5-year quarterly average of 50.8
Fortinet's equity has decreased by 50% YoY and by 20% from the previous quarter
Sector: Technology
Industry: Software - Infrastructure
Website: https://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
-1.72%
1 week
4.22%
1 month
4.96%
1 year
52.87%
YTD
96.76%
QTD
1.71%

Financial performance

How have Fortinet's revenue and profit performed over time
Revenue
$7.11B
Gross profit
$5.71B
Operating income
$2.21B
Net income
$1.95B
Gross margin
80.3%
Net margin
27.5%
Fortinet's revenue has increased by 16% YoY and by 4.6% from the previous quarter
FTNT's gross profit is up by 14% year-on-year and by 4.4% since the previous quarter
The operating income has increased by 14% YoY and by 6% QoQ
FTNT's net margin is down by 10% year-on-year

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
60.1
P/B
116.82
P/S
16.24
EV/EBIT
46.24
EV/EBITDA
43.46
EV/Sales
15.86
The stock's price to earnings (P/E) is 71% more than its last 4 quarters average of 35.1 and 18% more than its 5-year quarterly average of 50.8
The EPS has grown by 6% from the previous quarter and by 6% YoY
The price to book (P/B) is 98% higher than the last 4 quarters average of 58.9
Fortinet's equity has decreased by 50% YoY and by 20% from the previous quarter
FTNT's P/S is 62% higher than its last 4 quarters average of 10.0 and 46% higher than its 5-year quarterly average of 11.1
Fortinet's revenue has increased by 16% YoY and by 4.6% from the previous quarter

Efficiency

How efficient is Fortinet business performance
The company's return on equity rose by 26% QoQ but it fell by 3.7% YoY
The company's return on assets rose by 7% QoQ but it fell by 4.4% YoY
The ROS has contracted by 6% YoY
The return on invested capital is up by 2.9% year-on-year

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 quick ratio has decreased by 18% YoY
The current ratio has contracted by 15% YoY
FTNT's debt is 50% smaller than its equity
Fortinet's equity has decreased by 50% YoY and by 20% from the previous quarter
FTNT's debt has dropped by 50% since the previous quarter and by 50% year-on-year

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