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Fortinet, Inc. (FTNT)

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75.01 +0.52 (+0.70%)
At close: September 13 at 4:00 PM EDT
74.67 -0.34 (-0.45%)
After hours: September 13 at 7:54 PM EDT
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DELL
  • Previous Close 74.49
  • Open 74.67
  • Bid 74.98 x 200
  • Ask 75.03 x 700
  • Day's Range 74.13 - 75.60
  • 52 Week Range 44.12 - 78.08
  • Volume 4,576,174
  • Avg. Volume 5,622,219
  • Market Cap (intraday) 57.376B
  • Beta (5Y Monthly) 1.00
  • PE Ratio (TTM) 44.38
  • EPS (TTM) 1.69
  • Earnings Date Oct 31, 2024 - Nov 4, 2024
  • Forward Dividend & Yield --
  • Ex-Dividend Date --
  • 1y Target Est 72.84

Fortinet, Inc. provides cybersecurity and convergence of networking and security solutions worldwide. It offers secure networking solutions focus on the convergence of networking and security; network firewall solutions that consist of FortiGate data centers, hyperscale, and distributed firewalls, as well as encrypted applications; wireless LAN solutions; and secure connectivity solutions, including FortiSwitch secure ethernet switches, FortiAP wireless local area network access points, FortiExtender 5G connectivity gateways, and other products. The company also provides the Fortinet Unified SASE solutions that include firewall, SD-WAN, Secure web gateway, cloud access services broker, data loss prevention, zero trust network access, and cloud security, including web application firewalls, virtualized firewalls, and cloud-native firewalls. In addition, it offers security operations solutions comprising FortiAI generative AI assistant, FortiSIEM security information and event management, FortiSOAR security orchestration, automation and response, FortiEDR endpoint detection and response, FortiXDR extended detection and response, FortiMDR managed detection and response service, FortiNDR network detection and response, FortiRecon digital risk protection, FortiDeceptor deception technology, FortiGuard SoCaaS, FortiSandbox sandboxing, FortiGuard incident response, and other products. Further, the company offers FortiGuard security services consisting of FortiGuard application security, content security, device security, NOC/SOC security, and web security services; FortiCare technical support services; and training services to customers and channel partners, as well as operates a FortiGuard Lab, a cybersecurity threat intelligence and research organization. It serves enterprise, communication and security service providers, government organizations, and small and medium-sized businesses. The company was incorporated in 2000 and is headquartered in Sunnyvale, California.

www.fortinet.com

13,527

Full Time Employees

December 31

Fiscal Year Ends

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Performance Overview: FTNT

Trailing total returns as of 9/13/2024, which may include dividends or other distributions. Benchmark is

.

YTD Return

FTNT
28.16%
S&P 500
17.95%

1-Year Return

FTNT
18.13%
S&P 500
26.09%

3-Year Return

FTNT
20.79%
S&P 500
26.18%

5-Year Return

FTNT
378.56%
S&P 500
86.94%

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Statistics: FTNT

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Valuation Measures

Annual
As of 9/13/2024
  • Market Cap

    57.38B

  • Enterprise Value

    55.03B

  • Trailing P/E

    44.38

  • Forward P/E

    32.57

  • PEG Ratio (5yr expected)

    1.57

  • Price/Sales (ttm)

    10.51

  • Price/Book (mrq)

    199.08

  • Enterprise Value/Revenue

    9.94

  • Enterprise Value/EBITDA

    32.48

Financial Highlights

Profitability and Income Statement

  • Profit Margin

    23.71%

  • Return on Assets (ttm)

    11.60%

  • Return on Equity (ttm)

    430.88%

  • Revenue (ttm)

    5.54B

  • Net Income Avi to Common (ttm)

    1.31B

  • Diluted EPS (ttm)

    1.69

Balance Sheet and Cash Flow

  • Total Cash (mrq)

    3.34B

  • Total Debt/Equity (mrq)

    373.42%

  • Levered Free Cash Flow (ttm)

    1.41B

Research Analysis: FTNT

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