FTNT Fortinet Inc
Price (delayed)
$97.9
Market cap
$75.28B
P/E Ratio
42.94
Dividend/share
N/A
EPS
$2.28
Enterprise value
$73.4B
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 64% from the previous quarter
The EPS has soared by 55% YoY and by 14% from the previous quarter
The stock's price to earnings (P/E) is 23% less than its 5-year quarterly average of 55.8 but 8% more than its last 4 quarters average of 40.0
Key stats
What are the main financial stats of FTNT
Market
Valuations
Earnings
Shares outstanding
768.97M
Market cap
$75.28B
Enterprise value
$73.4B
Price to earnings (P/E)
42.94
Price to book (P/B)
50.23
Price to sales (P/S)
12.57
EV/EBIT
35.82
EV/EBITDA
33.8
EV/Sales
12.32
Revenue
$5.96B
Gross profit
$4.8B
Operating income
$1.8B
Net income
$1.75B
EBIT
$2.05B
EBITDA
$2.17B
Free cash flow
$1.88B
Per share
Balance sheet
Liquidity
EPS
$2.28
EPS diluted
$2.26
Free cash flow per share
$2.46
Book value per share
$1.95
Revenue per share
$7.79
TBVPS
$12.31
Total assets
$9.76B
Total liabilities
$8.27B
Debt
$994.3M
Equity
$1.49B
Working capital
$1.91B
Debt to equity
0.67
Current ratio
1.47
Quick ratio
1.36
Net debt/EBITDA
-0.87
Margins
Efficiency
Dividend
EBITDA margin
36.5%
Gross margin
80.6%
Net margin
29.3%
Operating margin
30.3%
Return on assets
20.3%
Return on equity
273.5%
Return on invested capital
66.4%
Return on capital employed
35.9%
Return on sales
34.4%
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
-8.33%
1 month
-9.1%
1 year
37.23%
YTD
3.62%
QTD
3.62%
Financial performance
How have Fortinet's revenue and profit performed over time
Revenue
$5.96B
Gross profit
$4.8B
Operating income
$1.8B
Net income
$1.75B
Gross margin
80.6%
Net margin
29.3%
Fortinet's net income has soared by 52% YoY and by 14% from the previous quarter
The operating income has increased by 45% YoY and by 12% QoQ
FTNT's net margin is up by 36% year-on-year and by 9% since the previous quarter
The operating margin has increased by 29% year-on-year and by 7% since the previous quarter
Growth
What is Fortinet's growth rate over time
Valuation
What is Fortinet stock price valuation
P/E
42.94
P/B
50.23
P/S
12.57
EV/EBIT
35.82
EV/EBITDA
33.8
EV/Sales
12.32
The EPS has soared by 55% YoY and by 14% from the previous quarter
The stock's price to earnings (P/E) is 23% less than its 5-year quarterly average of 55.8 but 8% more than its last 4 quarters average of 40.0
Fortinet's equity has soared by 64% from the previous quarter
FTNT's P/S is 25% higher than its last 4 quarters average of 10.1 and 16% higher than its 5-year quarterly average of 10.9
Fortinet's revenue has increased by 12% YoY and by 4.3% from the previous quarter
Efficiency
How efficient is Fortinet business performance
The company's return on equity has shrunk by 73% QoQ
The ROS has grown by 39% YoY and by 7% from the previous quarter
The company's return on assets rose by 28% YoY and by 6% QoQ
The return on invested capital is up by 26% year-on-year and by 7% 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 18% higher than its total liabilities
The company's total assets rose by 34% YoY and by 10% QoQ
The quick ratio has increased by 32% YoY and by 11% from the previous quarter
FTNT's debt is 33% smaller than its equity
The company's debt to equity has surged by 131% YoY but it fell by 39% QoQ
Fortinet's equity has soared by 64% from the previous quarter
All financial data is based on trailing twelve months (TTM) periods - updated quarterly, unless otherwise
specified. Data from 
and Sharadar.