FTNT

Fortinet, Inc.
$161.61
+0.83 (+0.52%)
Mkt Cap 118.40B
Volume 4,529,600
52W Range 70.12-170.35
Sector Technology
Beta 1.09
EPS (TTM) 2.60
P/E Ratio 62.16
Revenue (TTM) 7.11B
Rev Growth (5Y) +21.3%
EPS Growth (5Y) +32.4%
AlphaVal · Fair Value
What we estimate one share is worth
$120.65
Overvalued moderate signal
33.9% 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
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Jul 17, 2026 08:49 AM · 247wallst.com
3 Cybersecurity Stocks to Buy Amid Rising Adoption of Agentic AI
Jul 17, 2026 08:21 AM · zacks.com
All You Need to Know About Fortinet (FTNT) Rating Upgrade to Strong Buy
Jul 15, 2026 09:01 AM · zacks.com
Top Cybersecurity Stocks to Buy Now as AI Changes Tech Defense
Jul 15, 2026 06:16 AM · zacks.com
Cybersecurity Space is Buzzing on Recent Catalysts: 3 Top Picks
Jul 15, 2026 06:05 AM · zacks.com
Palo Alto Vs Fortinet: Enter AI Cybersecurity
Jul 15, 2026 05:45 AM · seekingalpha.com
3 stocks riding the wave from IBM's earnings disaster
Jul 15, 2026 12:52 AM · invezz.com
IBM Heads for Worst Day Ever — But Why Are Cybersecurity Stocks Up?
Jul 14, 2026 10:31 AM · benzinga.com
Fortinet Expands FortiEndpoint with New Capabilities for the AI Era
Jul 14, 2026 05:00 AM · globenewswire.com
Fortinet (FTNT) Gains As Market Dips: What You Should Know
Jul 13, 2026 02:51 PM · zacks.com