Fortinet Ratios and Metrics

Market cap in millions EUR. Fiscal year is January - December.

Millions EUR. Fiscal year is Jan - Dec.

Fiscal Year	Current	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Feb '26 Feb 20, 2026	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Market Capitalization	50,497	50,296	69,945	40,662	35,739	51,669
Market Cap Growth	-34.68%	-28.09%	72.01%	13.78%	-30.83%	162.14%
Enterprise Value	48,302	48,563	67,411	38,751	35,057	49,882
Last Close Price	67.50	68.34	91.66	53.51	45.65	65.00
PE Ratio	31.99	31.86	41.49	39.16	44.55	96.84
PS Ratio	8.72	8.69	12.16	8.47	8.65	17.58
PB Ratio	47.91	47.72	48.48	-96.99	-135.63	73.60
P/TBV Ratio	67.16	66.89	63.33	-	-	99.09
P/FCF Ratio	26.64	26.53	38.53	25.96	26.35	48.81
P/OCF Ratio	22.89	22.80	32.07	23.22	22.07	39.18
EV/Sales Ratio	8.37	8.39	11.72	8.07	8.48	16.97
EV/EBITDA Ratio	25.44	25.61	36.32	31.73	35.04	77.69
EV/EBIT Ratio	27.30	27.49	38.80	34.64	38.83	87.84
EV/FCF Ratio	25.48	25.62	37.14	24.74	25.85	47.13
Debt / Equity Ratio	0.81	0.81	0.72	-2.31	-3.86	1.32
Debt / EBITDA Ratio	0.45	0.45	0.54	0.76	0.97	1.38
Debt / FCF Ratio	0.45	0.45	0.57	0.62	0.75	0.88
Net Debt / Equity Ratio	-2.09	-2.09	-2.00	2.95	4.00	-1.87
Net Debt / EBITDA Ratio	-1.16	-1.16	-1.56	-1.01	-1.05	-2.05
Net Debt / FCF Ratio	-1.16	-1.16	-1.59	-0.79	-0.78	-1.24
Asset Turnover	0.68	0.68	0.70	0.79	0.73	0.67
Inventory Turnover	3.72	3.72	2.89	3.30	4.93	4.96
Quick Ratio	1.05	1.05	1.36	1.03	1.13	1.45
Current Ratio	1.17	1.17	1.47	1.19	1.24	1.55
Return on Equity (ROE)	135.72%	135.72%	338.74%	-	331.50%	73.34%
Return on Assets (ROA)	12.87%	12.87%	13.21%	11.46%	9.93%	8.10%
Return on Capital Employed (ROCE)	38.70%	38.70%	31.50%	34.90%	30.60%	17.90%
Earnings Yield	3.13%	3.14%	2.41%	2.55%	2.25%	1.03%
FCF Yield	3.75%	3.77%	2.60%	3.85%	3.79%	2.05%
Buyback Yield / Dilution	0.95%	0.95%	2.07%	2.12%	3.59%	0.36%

Source: S&P Global Market Intelligence. Standard template. Financial Sources.