Total Valuation
Fortinet has a market cap or net worth of €89.10B. The enterprise value is €128.45B.
Market Cap€89.10B
Enterprise Value€128.45B
Share Statistics
Fortinet has 733,713,600 shares outstanding. The number of shares has decreased by -2.65% in one year.
Shares Outstanding733,713,600
Owned by Insiders15.56%
Owned by Institutions2.71%
Financial Efficiency
Fortinet’s return on equity (ROE) is 1.50 and return on invested capital (ROIC) is 28.75%.
Return on Equity (ROE)1.50
Return on Assets (ROA)0.18
Return on Invested Capital (ROIC)28.75%
Return on Capital Employed (ROCE)0.39
Revenue Per Employee450.04K
Profits Per Employee122.67K
Employee Count15,109
Asset Turnover0.65
Inventory Turnover3.26
Valuation Ratios
The current PE Ratio of Fortinet is 43.9. Fortinet’s PEG ratio is 4.64.
PE Ratio43.9
PS Ratio8.68
PB Ratio47.68
Price to FCF26.51
Price to Operating Cash Flow27.10
PEG Ratio4.64
Income Statement
In the last 12 months, Fortinet had revenue of 6.80B and earned 1.85B in profits. Earnings per share was 2.44.
Revenue6.80B
Gross Profit5.50B
Operating Income2.08B
Pretax Income2.29B
Net Income1.85B
EBITDA2.46B
Earnings Per Share (EPS)2.44
Cash Flow
In the last 12 months, operating cash flow was 3.69B and capital expenditures -255.60M, giving a free cash flow of 3.43B billion.
Operating Cash Flow3.69B
Free Cash Flow3.43B
Free Cash Flow per Share4.68
Dividends & Yields
Fortinet pays an annual dividend of ―, resulting in a dividend yield of ―
Dividend Per Share―
Dividend Yield―
Payout RatioN/A
Free Cash Flow Yield―
Earnings Yield―
Stock Price Statistics
Beta0.03
52-Week Price Change59.61%
50-Day Moving Average150.42
200-Day Moving Average112.55
Relative Strength Index (RSI)27.82
Average Volume (3m)652.00
Important Dates
Fortinet upcoming earnings date is Feb 9, 2027, TBA (Confirmed).
Last Earnings DateOct 28, 2026
Next Earnings DateFeb 9, 2027
Ex-Dividend Date―
Financial Position
Fortinet as a current ratio of 1.17, with Debt / Equity ratio of 22.12%
Current Ratio1.17
Quick Ratio1.09
Debt to Market Cap0.02
Net Debt to EBITDA-0.61
Interest Coverage Ratio103.58
Taxes
In the past 12 months, Fortinet has paid 439.10M in taxes.
Income Tax439.10M
Effective Tax Rate0.19
Enterprise Valuation
Fortinet EV to EBITDA ratio is 23.33, with an EV/FCF ratio of 25.84.
EV to Sales8.46
EV to EBITDA23.33
EV to Free Cash Flow25.84
EV to Operating Cash Flow22.20
Balance Sheet
Fortinet has €4.80B in cash and marketable securities with €497.10M in debt, giving a net cash position of €4.30B billion.
Cash & Marketable Securities€4.80B
Total Debt€497.10M
Net Cash€4.30B
Net Cash Per Share€5.86
Tangible Book Value Per Share€1.19
Margins
Gross margin is 79.75%, with operating margin of 30.62%, and net profit margin of 27.26%.
Gross Margin79.75%
Operating Margin30.62%
Pretax Margin33.72%
Net Profit Margin27.26%
EBITDA Margin36.25%
EBIT Margin34.01%
Analyst Forecast
The average price target for Fortinet is €134.56, which is 11.43% higher than the current price. The consensus rating is Hold
Price Target€134.56
Price Target Upside-6.18% Downside
Analyst ConsensusHold
Analyst Count28
Revenue Growth Forecast14.36%
EPS Growth Forecast19.95%