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XNASFTNT
Market cap73bUSD
Dec 24, Last price  
97.90USD
1D
-0.79%
1Q
24.48%
Jan 2017
1,500.60%
IPO
5,608.70%
Name

Fortinet Inc

Chart & Performance

D1W1MN
XNAS:FTNT chart
P/E
65.37
P/S
14.14
EPS
1.50
Div Yield, %
0.00%
Shrs. gr., 5y
-1.98%
Rev. gr., 5y
24.11%
Revenues
5.30b
+20.09%
123,466,000155,366,000211,791,000252,115,000324,696,000433,576,000533,639,000615,297,000770,364,0001,009,268,0001,275,443,0001,494,930,0001,801,200,0002,156,200,0002,594,400,0003,342,200,0004,417,400,0005,304,800,000
Net income
1.15b
+33.89%
-5,344,000-21,842,0007,363,00060,179,00041,245,00062,492,00066,836,00044,273,00025,343,0007,987,00032,187,00031,399,000332,200,000326,500,000488,500,000606,800,000857,300,0001,147,800,000
CFO
1.94b
+11.84%
3,409,00027,669,00037,686,00061,971,000103,383,000132,842,000183,866,000147,384,000196,582,000282,547,000345,708,000594,405,000638,900,000808,000,0001,083,700,0001,499,700,0001,730,600,0001,935,500,000
Earnings
Feb 04, 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
2023‑122022‑122021‑122020‑122019‑122018‑122017‑122016‑122015‑122014‑12
Income
Revenues
5,304,800
20.09%
4,417,400
32.17%
3,342,200
28.82%
Cost of revenue
4,068,300
3,452,400
2,696,400
Unusual Expense (Income)
NOPBT
1,236,500
965,000
645,800
NOPBT Margin
23.31%
21.85%
19.32%
Operating Taxes
143,800
30,800
14,100
Tax Rate
11.63%
3.19%
2.18%
NOPAT
1,092,700
934,200
631,700
Net income
1,147,800
33.89%
857,300
41.28%
606,800
24.22%
Dividends
Dividend yield
Proceeds from repurchase of equity
(1,456,700)
(1,965,100)
(715,800)
BB yield
3.16%
4.99%
1.19%
Debt
Debt current
33,400
33,200
26,300
Long-term debt
1,083,700
1,052,900
1,028,900
Deferred revenue
2,886,300
2,291,000
1,675,500
Other long-term liabilities
79,000
149,800
59,200
Net debt
(1,365,500)
(1,170,400)
(1,937,300)
Cash flow
Cash from operating activities
1,935,500
1,730,600
1,499,700
CAPEX
(204,100)
(281,200)
(295,900)
Cash from investing activities
(649,300)
763,900
(1,325,100)
Cash from financing activities
(1,570,400)
(2,130,300)
82,800
FCF
870,800
723,300
392,100
Balance
Cash
2,440,400
2,211,000
2,551,700
Long term investments
42,200
45,500
440,800
Excess cash
2,217,360
2,035,630
2,825,390
Stockholders' equity
(1,879,800)
(1,565,800)
(455,800)
Invested Capital
5,453,100
4,680,800
3,924,100
ROIC
21.57%
21.71%
19.58%
ROCE
34.60%
30.98%
18.20%
EV
Common stock shares outstanding
788,200
805,300
835,500
Price
58.53
19.72%
48.89
-31.98%
71.88
141.97%
Market cap
46,133,346
17.18%
39,371,117
-34.44%
60,055,740
141.11%
EV
44,767,846
38,200,717
58,135,140
EBITDA
1,349,900
1,069,300
730,200
EV/EBITDA
33.16
35.72
79.62
Interest
21,000
18,000
14,900
Interest/NOPBT
1.70%
1.87%
2.31%