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XNAS
FTNT
Market cap74bUSD
Apr 10, Last price  
96.32USD
1D
-3.61%
1Q
1.86%
Jan 2017
1,498.94%
IPO
5,602.78%
Name

Fortinet Inc

Chart & Performance

D1W1MN
No data to show
P/E
42.44
P/S
12.44
EPS
2.27
Div Yield, %
Shrs. gr., 5y
-2.48%
Rev. gr., 5y
22.53%
Revenues
5.96b
+12.27%
123,466,000155,366,000211,791,000252,115,000324,696,000433,576,000533,639,000615,297,000770,364,0001,009,268,0001,275,443,0001,494,930,0001,801,200,0002,156,200,0002,594,400,0003,342,200,0004,417,400,0005,304,800,0005,955,800,000
Net income
1.75b
+52.05%
-5,344,000-21,842,0007,363,00060,179,00041,245,00062,492,00066,836,00044,273,00025,343,0007,987,00032,187,00031,399,000332,200,000326,500,000488,500,000606,800,000857,300,0001,147,800,0001,745,200,000
CFO
2.26b
+16.67%
3,409,00027,669,00037,686,00061,971,000103,383,000132,842,000183,866,000147,384,000196,582,000282,547,000345,708,000594,405,000638,900,000808,000,0001,083,700,0001,499,700,0001,730,600,0001,935,500,0002,258,100,000
Earnings
Apr 30, 2025

Profile

Fortinet, Inc. provides broad, integrated, and automated cybersecurity solutions in the Americas, Europe, the Middle East, Africa, and the Asia Pacific. It offers FortiGate hardware and software licenses that provide various security and networking functions, including firewall, intrusion prevention, anti-malware, virtual private network, application control, web filtering, anti-spam, and wide area network acceleration. The company also provides FortiSwitch product family that offers secure switching solutions for connecting customers their end devices; FortiAP product family, which provides secure wireless networking solutions; FortiExtender, a hardware appliance; FortiAnalyzer product family, which offers centralized network logging, analyzing, and reporting solutions; and FortiManager product family that provides central and scalable management solution for its FortiGate products. It offers FortiWeb product family provides web application firewall solutions; FortiMail product family that secure email gateway solutions; FortiSandbox technology that delivers proactive detection and mitigation services; FortiClient that provides endpoint protection with pattern-based anti-malware, behavior-based exploit protection, web-filtering, and an application firewall; FortiToken and FortiAuthenticator product families for multi-factor authentication to safeguard systems, assets, and data; and FortiEDR/XDR, an endpoint protection solution that provides both comprehensive machine-learning anti-malware execution and real-time post-infection protection. It provides security subscription, technical support, professional, and training services. It sells its security solutions to channel partners and directly to various customers in telecommunications, technology, government, financial services, education, retail, manufacturing, and healthcare industries. It has strategic alliance with Linksys. Fortinet, Inc. was incorporated in 2000 and is headquartered in Sunnyvale, California.
IPO date
Nov 18, 2009
Employees
13,677
Domiciled in
US
Incorporated in
US

Valuation

Title
USD in thousands, except ratios and share amounts
FYFYFYFYFYFYFYFYFYFY
2024‑122023‑122022‑122021‑122020‑122019‑122018‑122017‑122016‑122015‑12
Income
Revenues
5,955,800
12.27%
5,304,800
20.09%
4,417,400
32.17%
Cost of revenue
4,157,000
4,068,300
3,452,400
Unusual Expense (Income)
NOPBT
1,798,800
1,236,500
965,000
NOPBT Margin
30.20%
23.31%
21.85%
Operating Taxes
283,900
143,800
30,800
Tax Rate
15.78%
11.63%
3.19%
NOPAT
1,514,900
1,092,700
934,200
Net income
1,745,200
52.05%
1,147,800
33.89%
857,300
41.28%
Dividends
Dividend yield
Proceeds from repurchase of equity
62,500
(1,456,700)
(1,965,100)
BB yield
-0.09%
3.16%
4.99%
Debt
Debt current
33,400
33,200
Long-term debt
994,300
1,083,700
1,052,900
Deferred revenue
2,886,300
2,291,000
Other long-term liabilities
3,214,300
79,000
149,800
Net debt
(3,072,200)
(1,365,500)
(1,170,400)
Cash flow
Cash from operating activities
2,258,100
1,935,500
1,730,600
CAPEX
(378,900)
(204,100)
(281,200)
Cash from investing activities
(727,400)
(649,300)
763,900
Cash from financing activities
(50,100)
(1,570,400)
(2,130,300)
FCF
1,285,800
870,800
723,300
Balance
Cash
4,066,500
2,440,400
2,211,000
Long term investments
42,200
45,500
Excess cash
3,768,710
2,217,360
2,035,630
Stockholders' equity
(142,400)
(1,879,800)
(1,565,800)
Invested Capital
5,844,800
5,453,100
4,680,800
ROIC
26.82%
21.57%
21.71%
ROCE
31.54%
34.60%
30.98%
EV
Common stock shares outstanding
771,900
788,200
805,300
Price
94.48
61.42%
58.53
19.72%
48.89
-31.98%
Market cap
72,929,112
58.08%
46,133,346
17.18%
39,371,117
-34.44%
EV
69,856,912
44,767,846
38,200,717
EBITDA
2,215,300
1,349,900
1,069,300
EV/EBITDA
31.53
33.16
35.72
Interest
20,000
21,000
18,000
Interest/NOPBT
1.11%
1.70%
1.87%