Fortinet, Inc. (LON:0IR9)

Fortinet Ratios and Metrics

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

Fiscal Year	Current	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Feb 20, 2026	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021
Market Capitalization	44,094	43,876	57,842	35,286	31,700	43,397
Market Cap Growth	-31.45%	-24.14%	63.92%	11.31%	-26.95%	145.73%
Enterprise Value	42,177	42,365	55,747	33,628	31,095	41,896
Last Close Price	60.19	59.42	75.24	45.96	40.28	53.38
PE Ratio	32.02	31.86	41.49	39.16	44.55	96.84
PS Ratio	8.73	8.69	12.16	8.47	8.65	17.58
PB Ratio	47.96	47.72	48.48	-96.99	-135.63	73.60
P/TBV Ratio	67.22	66.89	63.33	-	-	99.09
P/FCF Ratio	26.66	26.53	38.53	25.96	26.35	48.81
P/OCF Ratio	22.91	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	25.50	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	3.12%	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%

Updated Dec 31, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.