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NASDAQ · Technology · Statistics

Fortinet, Inc. valuation and key ratios.

Valuation, profitability, balance-sheet health, and risk metrics for FTNT, refreshed each market session.

Section freshness

Price Sep 4, 4:00 PM EDT · Statements Jun 29, 8:00 PM EDT

Key metrics at a glance

The numbers most investors check first

Market cap

$114.67B

P/E (TTM)

55.23

Forward P/E

FCF yield

Return on equity

136.72%

Dividend yield

0.00%

Valuation

Market cap
$114.67B
Enterprise value
$112.23B
P/E (TTM)
55.23
Price / sales
15.23
Price / book
73.93
EPS (TTM)
$2.83

Long-run compounding

CAGR since IPO and aggregate price growth.

Adjusted daily closes are annualized over the full price history; dividends are not included in this price-only return view.

CAGR since IPO
31.07%
From first adjusted close on November 18, 2009
Aggregate CAGR
49.00%
1Y, 3Y, 5Y, 10Y blended CAGR
First tracked close
$1.66
November 18, 2009
History span
17 yrs
Nov 18, 2009 to Sep 4, 2026 · 4,224 closes
Latest tracked close
$156.29
September 4, 2026
All-time high
$173.89
August 27, 2026
All-time low
$1.47
July 13, 2010
History source
Long range
Yahoo Finance

Valuation map

P/E (TTM)55.23
Price / sales15.23
Price / book73.93

Risk and scale

Beta (5Y)1.06

More volatile than the market

Debt / equity0.32
Current ratio1.28

Pro formula stack

Ratios investors search for after the headline quote.

These are TECHi-computed from overview, income statement, balance sheet, and cash-flow rows when market-data sources expose the ingredients.

EV / revenue
14.91
Enterprise value / TTM revenue
Earnings yield
1.81%
Inverse P/E
TECHi quality score
4 / 7
7-point profitability, cash, leverage, and trend check

Quality and capital returns

Gross profit / assets55.60%

Gross-profit productivity screen

Sales yield6.56%

TTM revenue / market cap

Balance-sheet and reinvestment reads

Net debt / EBITDA0.00

0.00 means net cash

R&D / revenue11.24%

Tech-stock reinvestment intensity

Distress and optionality read

FTNT Altman Z-score: 8.94.

TECHi computes a non-financial-company Altman-style score from working capital, retained earnings, EBIT, market value, liabilities, revenue, and assets. It is not a bankruptcy prediction, but it gives pro readers a fast stress screen that most quote pages do not show beside live valuation metrics.

Altman Z-score
8.94
Higher = stronger stress profile
Net cash / share
$3.32
Cash minus debt, per share
Working capital
$1.37B
Current assets minus current liabilities
Debt growth YoY
-50.08%
Latest quarter vs same quarter last year

Valuation read

FTNT trades at 55.23× trailing earnings.

A trailing P/E above 30 means the market is paying up for FTNT. That premium has to be earned with above-average revenue or earnings growth — pair this with the forward P/E (—) and the PEG ratio (—) before forming a view.

Profitability

Gross margin
80.20%
Operating margin
32.44%
Net margin
28.17%
Return on equity
136.72%
Return on assets
19.53%
Debt / equity
0.32
Current ratio
1.28
>1 = covers near-term liabilities
Beta (5Y)
1.06

Margin profile

Gross margin80.20%
Operating margin32.44%
Net margin28.17%
Return on equity136.72%

Profitability read

FTNT converts 28.2% of revenue into net income.

Net margins above 20% are the hallmark of pricing-power businesses — software, brands, and franchises. Watch for trend, not just level: a falling margin in this band still erodes the multiple.

Per-share & range

Dividend yield
0.00%
No dividend
Shares outstanding
733.71M
52w high
$173.89
52w low
$73.55

Corporate actions

Stock split history

Adjusted for all historical splits

Latest split
5-for-1
June 23, 2022
Split events
2
Latest split date
Jun 23, 2022
DateSplitMultiplier
June 23, 20225-for-15.00
June 2, 20112-for-12.00

Reported fundamentals

Company statistics fields

These figures come from the latest issuer filings and live quote-derived formulas.

Revenue (TTM)
$7.53B
TECHi unified data
Gross profit (TTM)
$6.04B
TECHi unified data
Book value
$2.11
TECHi unified data
Revenue / share
$10.26
TECHi unified data
Earnings growth YoY
43.86%
TECHi unified data
Revenue growth YoY
25.64%
TECHi unified data
50-day average
$158.78
TECHi unified data
200-day average
$110.06
TECHi unified data

Frequently asked

Common questions.

What is Fortinet, Inc.'s market capitalization?

Fortinet, Inc. (FTNT) currently shows a fresh market-cap field of $114.7 billion.

What is FTNT's P/E ratio?

FTNT's available trailing P/E field is 55.23.

Where do TECHi's FTNT statistics come from?

The Statistics page uses TECHi's unified market-data layer and omits fields whose winning source is missing or explicitly stale.