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
Risk and scale
More volatile than the market
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 productivity screen
TTM revenue / market cap
Balance-sheet and reinvestment reads
0.00 means net cash
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
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
| Date | Split | Multiplier |
|---|---|---|
| June 23, 2022 | 5-for-1 | 5.00 |
| June 2, 2011 | 2-for-1 | 2.00 |
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.

