FTNT Fortinet Inc

  1. Stocks
  2. Technology
  3. NASDAQ: FTNT

Price (delayed)

$57.02

Market cap

$43.56B

P/E Ratio

37.03

Dividend/share

N/A

EPS

$1.54

Enterprise value

$42.63B

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
Fortinet's equity has soared by 70% from the previous quarter
The stock's price to earnings (P/E) is 35% less than its 5-year quarterly average of 57.2 and 17% less than its last 4 quarters average of 45.0
The quick ratio has decreased by 13% YoY but it has increased by 2.9% from the previous quarter
Sector: Technology
Industry: Software - Infrastructure
Website: https://www.fortinet.com/
Peers: JNPR FFIV CHKP HPQ

Key stats

What are the main financial stats of FTNT
Market
Shares outstanding
763.94M
Market cap
$43.56B
Enterprise value
$42.63B
Valuations
Price to earnings (P/E)
37.03
Price to book (P/B)
N/A
Price to sales (P/S)
8.06
EV/EBIT
30.83
EV/EBITDA
28.47
EV/Sales
7.9
Earnings
Revenue
$5.4B
EBIT
$1.38B
EBITDA
$1.5B
Free cash flow
$1.69B
Per share
EPS
$1.54
Free cash flow per share
$2.22
Book value per share
-$0.18
Revenue per share
$7.08
TBVPS
$9.84
Balance sheet
Total assets
$7.66B
Total liabilities
$7.8B
Debt
$992.8M
Equity
-$137.5M
Working capital
$759.3M
Liquidity
Debt to equity
-7.22
Current ratio
1.2
Quick ratio
1.06
Net debt/EBITDA
-0.62
Margins
EBITDA margin
27.7%
Gross margin
77.1%
Net margin
22.2%
Operating margin
23.9%
Efficiency
Return on assets
16.1%
Return on equity
N/A
Return on invested capital
52%
Return on capital employed
35.8%
Return on sales
25.6%
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
-0.51%
1 week
-2.5%
1 month
-1.88%
1 year
-26.2%
YTD
-2.58%
QTD
-5.39%

Financial performance

How have Fortinet's revenue and profit performed over time
Revenue
$5.4B
Gross profit
$4.16B
Operating income
$1.29B
Net income
$1.2B
Gross margin
77.1%
Net margin
22.2%
Fortinet's net income has increased by 24% YoY and by 4.5% from the previous quarter
The operating income has increased by 18% YoY and by 3.8% QoQ
FTNT's gross profit is up by 16% year-on-year and by 2.3% since the previous quarter
Fortinet's revenue has increased by 14% YoY

Growth

What is Fortinet's growth rate over time

Valuation

What is Fortinet stock price valuation
FTNT P/E details
P/E
37.03
P/B
N/A
P/S
8.06
EV/EBIT
30.83
EV/EBITDA
28.47
EV/Sales
7.9
The stock's price to earnings (P/E) is 35% less than its 5-year quarterly average of 57.2 and 17% less than its last 4 quarters average of 45.0
The EPS has grown by 25% YoY and by 4.8% from the previous quarter
Fortinet's equity has soared by 70% from the previous quarter
FTNT's P/S is 24% lower than its 5-year quarterly average of 10.6 and 17% lower than its last 4 quarters average of 9.8
Fortinet's revenue has increased by 14% YoY

Efficiency

How efficient is Fortinet business performance
The return on invested capital is up by 19% year-on-year
The ROS has grown by 16% YoY and by 3.6% 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 14% year-on-year
The quick ratio has decreased by 13% YoY but it has increased by 2.9% from the previous quarter
The company's debt to equity has shrunk by 108% YoY
Fortinet's equity has soared by 70% from the previous quarter

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