FTNT

Fortinet, Inc.
$157.51
-6.22 (-3.80%)
Mkt Cap 115.40B
Volume 3,443,614
52W Range 70.12-165.28
Sector Technology
Beta 1.09
EPS (TTM) 2.60
P/E Ratio 60.58
Revenue (TTM) 7.11B
Rev Growth (5Y) +21.3%
EPS Growth (5Y) +32.4%
AlphaVal · Fair Value
What we estimate one share is worth
$118.67
Overvalued moderate signal
32.7% above fair value
Modeled from cash flows & growth.
AlphaQuality · Grade
How strong & durable the business is
A+
Platform & Compounding FCF
95.9 / 100 composite
A platform business that compounds free cash flow — graded A–F vs. similar companies.

Company Description

Track Record

Showing latest 4 periods • Swipe for more
Metric 2025 2024 2023 2022 2021 2020 2019 2018 2017 2016 2015 2014
Revenue 6.80B 5.96B 5.30B 4.42B 3.34B 2.59B 2.16B 1.80B 1.49B 1.28B 1.01B 770.36M
Net Income 1.85B 1.75B 1.15B 857.30M 606.80M 488.50M 331.70M 334.90M 31.40M 32.20M 7.99M 25.34M
EPS 2.44 2.28 1.47 1.08 0.74 0.60 0.39 0.39 0.04 0.04 0.01 0.03
Free Cash Flow 2.23B 1.88B 1.73B 1.45B 1.20B 957.80M 715.80M 585.90M 459.10M 278.50M 245.19M 164.38M
FCF / Share 3.00 2.46 2.22 1.83 1.48 1.17 0.84 0.69 0.53 0.32 0.29 0.20
Operating CF 2.59B 2.26B 1.94B 1.73B 1.50B 1.08B 808.00M 638.90M 594.40M 345.70M 282.55M 196.58M
Total Assets 10.39B 9.76B 7.26B 6.23B 5.92B 4.04B 3.88B 3.08B 2.26B 2.14B 1.79B 1.42B
Total Debt 996.30M 994.30M 992.30M 990.40M 988.40M 0 0 0 0 0 0 0
Cash & Equiv 2.50B 2.88B 1.40B 1.68B 1.32B 1.06B 1.22B 1.11B 811.00M 709.00M 543.28M 283.25M
Book Value 1.24B 1.49B (463.40M) (281.60M) 781.70M 856.00M 1.34B 1.01B 589.40M 837.68M 755.38M 675.97M
Return on Equity 1.50 1.17 N/A N/A 0.78 0.57 0.25 0.33 0.05 0.04 0.01 0.04
FTNT News
The Bearish AI Headline That’s Actually the Most Bullish Signal of the Year
Jul 10, 2026 08:00 PM · investorplace.com
4 Cybersecurity Stocks to Watch in July as AI-Driven Threats Rise
Jul 10, 2026 08:00 AM · zacks.com
Palo Alto Just Soared 28% in a Month. Should Investors Take Profits and Rotate Into CrowdStrike or Fortinet?
Jul 09, 2026 11:18 AM · 247wallst.com
Fortinet Up 100% YTD from AI Demand
Jul 08, 2026 03:12 AM · fxempire.com
Fortinet (FTNT) Falls More Steeply Than Broader Market: What Investors Need to Know
Jul 07, 2026 02:50 PM · zacks.com
Governments Are Racing to Rebuild Encryption Before Quantum Computers Break It, and a Canadian Company Is Taking Its Toolkit to Southeast Asia
Jul 07, 2026 08:27 AM · prnewswire.com
Fortinet: A Strong Investment in a Competitive Cybersecurity Market
Jul 03, 2026 03:00 PM · fool.com
Fortinet to Announce Second Quarter 2026 Financial Results
Jul 02, 2026 05:00 AM · globenewswire.com
Here's Why Fortinet (FTNT) is a Strong Momentum Stock
Jul 01, 2026 06:51 AM · zacks.com
Dow Jones Medical Giant J&J Breaks Out; PNC, Iron Mountain, Fortinet In Or Near Buy Zones
Jun 30, 2026 10:44 AM · investors.com