FTNT

Fortinet, Inc.
$156.29
-0.07 (-0.04%)
Mkt Cap 114.67B
Volume 3,045,143
52W Range 73.55-173.89
Sector Technology
Beta 1.06
EPS (TTM) 2.86 USD
P/E Ratio 54.65
Revenue (TTM) 7.53B USD
Rev Growth (5Y) +21.3%
EPS Growth (5Y) +32.4%
AlphaVal · Fair Value
What we estimate one share is worth
$134.40
Overvalued moderate signal
16.3% above fair value
Modeled from cash flows & growth.
AlphaQuality · Grade
How strong & durable the business is
A+
Platform & Compounding FCF
96.0 / 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
Founder-Led Companies That Are Redefining Technology and Growth
Sep 04, 2026 11:13 AM · zacks.com
Barlow Wealth Partners LLC Has $24.69 Million Holdings in Fortinet, Inc. $FTNT
Sep 03, 2026 11:50 PM · defenseworld.net
4 GARP Stocks That Investors Can Scoop Up for Maximum Returns
Sep 03, 2026 08:05 AM · zacks.com
Palo Alto Sinks 8% Despite 34% Revenue Growth, CrowdStrike Falls 3%, Fortinet Slips
Sep 02, 2026 06:13 AM · 247wallst.com
Will Fortinet Stock Gain on Cybersecurity Demand and Education Push?
Sep 01, 2026 08:55 AM · zacks.com
Top AI-Powered Security Stocks Worth Buying Amid Rising Cyber Threats
Sep 01, 2026 07:51 AM · zacks.com
Fortinet Launches Free High School Cybersecurity Curriculum to Build the Next Generation of Cyber Defenders
Aug 31, 2026 05:00 AM · globenewswire.com
Beacon Pointe Advisors LLC Makes New Investment in Fortinet, Inc. $FTNT
Aug 28, 2026 11:57 PM · defenseworld.net
Stanford Athletics and Cybersecurity Leader Fortinet Team Up for Multi-Year Sponsorship
Aug 28, 2026 09:30 AM · globenewswire.com
Why Is Fortinet (FTNT) Up 12% Since Last Earnings Report?
Aug 28, 2026 08:35 AM · zacks.com