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Fortinet (FTNT)
NASDAQ:FTNT

Fortinet (FTNT) Stock Statistics & Valuation Metrics

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Total Valuation

Fortinet has a market cap or net worth of $65.31B. The enterprise value is $63.13B.
Market Cap$65.31B
Enterprise Value$63.13B

Share Statistics

Fortinet has 743,648,130 shares outstanding. The number of shares has decreased by -2.65% in one year.
Shares Outstanding743,648,130
Owned by Insiders15.75%
Owned by Institutions4.64%

Financial Efficiency

Fortinet’s return on equity (ROE) is 1.50 and return on invested capital (ROIC) is 28.76%.
Return on Equity (ROE)1.50
Return on Assets (ROA)0.18
Return on Invested Capital (ROIC)28.76%
Return on Capital Employed (ROCE)0.39
Revenue Per Employee467.13K
Profits Per Employee127.33K
Employee Count14,556
Asset Turnover0.65
Inventory Turnover3.33

Valuation Ratios

The current PE Ratio of Fortinet is 36.2. Fortinet’s PEG ratio is 4.36.
PE Ratio36.2
PS Ratio8.85
PB Ratio48.64
Price to Fair Value48.64
Price to FCF27.04
Price to Operating Cash Flow24.17
PEG Ratio4.36

Income Statement

In the last 12 months, Fortinet had revenue of 6.80B and earned 1.85B in profits. Earnings per share was 2.44.
Revenue6.80B
Gross Profit5.50B
Operating Income2.08B
Pretax Income2.29B
Net Income1.85B
EBITDA2.42B
Earnings Per Share (EPS)2.44

Cash Flow

In the last 12 months, operating cash flow was 2.59B and capital expenditures -364.80M, giving a free cash flow of 2.23B billion.
Operating Cash Flow2.59B
Free Cash Flow2.23B
Free Cash Flow per Share2.99

Dividends & Yields

Fortinet pays an annual dividend of ―, resulting in a dividend yield of ―
Dividend Per Share
Dividend Yield
Payout RatioN/A
Free Cash Flow Yield
Earnings Yield

Stock Price Statistics

Beta1.26
52-Week Price Change-20.15%
50-Day Moving Average80.83
200-Day Moving Average89.00
Relative Strength Index (RSI)66.80
Average Volume (3m)6.50M

Important Dates

Fortinet upcoming earnings date is Apr 30, 2026, TBA (Confirmed).
Last Earnings DateFeb 5, 2026
Next Earnings DateApr 30, 2026
Ex-Dividend Date

Financial Position

Fortinet as a current ratio of 1.17, with Debt / Equity ratio of 80.51%
Current Ratio1.17
Quick Ratio1.09
Debt to Market Cap0.02
Net Debt to EBITDA-0.58
Interest Coverage Ratio103.72

Taxes

In the past 12 months, Fortinet has paid 439.10M in taxes.
Income Tax439.10M
Effective Tax Rate0.19

Enterprise Valuation

Fortinet EV to EBITDA ratio is 22.90, with an EV/FCF ratio of 26.37.
EV to Sales8.63
EV to EBITDA22.90
EV to Free Cash Flow26.37
EV to Operating Cash Flow22.66

Balance Sheet

Fortinet has $3.58B in cash and marketable securities with $996.30M in debt, giving a net cash position of $2.59B billion.
Cash & Marketable Securities$3.58B
Total Debt$996.30M
Net Cash$2.59B
Net Cash Per Share$3.48
Tangible Book Value Per Share$0.70

Margins

Gross margin is 80.84%, with operating margin of 30.66%, and net profit margin of 27.26%.
Gross Margin80.84%
Operating Margin30.66%
Pretax Margin33.56%
Net Profit Margin27.26%
EBITDA Margin37.69%
EBIT Margin30.51%

Analyst Forecast

The average price target for Fortinet is $88.77, which is 11.43% higher than the current price. The consensus rating is Hold
Price Target$88.77
Price Target Upside1.08% Upside
Analyst ConsensusHold
Analyst Count26
Revenue Growth Forecast14.78%
EPS Growth Forecast22.52%

Scores

Smart Score4
AI Score