FTNT Fortinet Inc

  1. Stocks
  2. Technology
  3. NASDAQ: FTNT

Price (delayed)

$67.77

Market cap

$53.21B

P/E Ratio

55.1

Dividend/share

N/A

EPS

$1.23

Enterprise value

$51.9B

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 soared by 58% YoY and by 14% from the previous quarter
Fortinet's net income has soared by 52% YoY and by 13% from the previous quarter
Fortinet's equity has soared by 104% from the previous quarter but it has plunged by 95% YoY
Sector: Technology
Industry: Software - Infrastructure
Website: https://www.fortinet.com/
Peers: JNPR FFIV HPQ NTGR

Key stats

What are the main financial stats of FTNT
Market
Shares outstanding
785.2M
Market cap
$53.21B
Enterprise value
$51.9B
Valuations
Price to earnings (P/E)
55.1
Price to book (P/B)
4,661.07
Price to sales (P/S)
11.23
EV/EBIT
49.65
EV/EBITDA
45.07
EV/Sales
10.98
Earnings
Revenue
$4.72B
EBIT
$1.05B
EBITDA
$1.15B
Free cash flow
$1.82B
Per share
EPS
$1.23
Free cash flow per share
$2.33
Book value per share
$0.01
Revenue per share
$6.03
TBVPS
$8.5
Balance sheet
Total assets
$6.83B
Total liabilities
$6.82B
Debt
$990.9M
Equity
$11.4M
Working capital
$1.1B
Liquidity
Debt to equity
86.92
Current ratio
1.34
Quick ratio
1.22
Net debt/EBITDA
-1.14
Margins
EBITDA margin
24.4%
Gross margin
75.9%
Net margin
20.5%
Operating margin
23.1%
Efficiency
Return on assets
16.3%
Return on equity
N/A
Return on invested capital
43.8%
Return on capital employed
29.3%
Return on sales
22.1%
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
0.89%
1 week
-2.67%
1 month
6.89%
1 year
15.14%
YTD
38.62%
QTD
1.97%

Financial performance

How have Fortinet's revenue and profit performed over time
Revenue
$4.72B
Gross profit
$3.59B
Operating income
$1.09B
Net income
$966.6M
Gross margin
75.9%
Net margin
20.5%
The operating income has soared by 61% YoY and by 13% QoQ
Fortinet's net income has soared by 52% YoY and by 13% from the previous quarter
Fortinet's revenue has increased by 32% YoY and by 7% from the previous quarter
FTNT's gross profit is up by 32% 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
FTNT P/E details
P/E
55.1
P/B
4,661.07
P/S
11.23
EV/EBIT
49.65
EV/EBITDA
45.07
EV/Sales
10.98
The EPS has soared by 58% YoY and by 14% from the previous quarter
The stock's price to earnings (P/E) is 12% less than its 5-year quarterly average of 62.7
Fortinet's equity has soared by 104% from the previous quarter but it has plunged by 95% YoY
Fortinet's revenue has increased by 32% YoY and by 7% from the previous quarter
FTNT's P/S is 12% higher than its 5-year quarterly average of 10.0 and 9% higher than its last 4 quarters average of 10.3

Efficiency

How efficient is Fortinet business performance
The return on invested capital has surged by 92% year-on-year and by 27% since the previous quarter
The company's return on assets rose by 48% YoY and by 7% QoQ
The ROS has grown by 22% YoY and by 8% 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 total liabilities has increased by 26% year-on-year and by 4.8% since the previous quarter
The company's total assets rose by 21% YoY and by 10% QoQ
Fortinet's equity has soared by 104% from the previous quarter but it has plunged by 95% YoY

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