Fortinet, Inc. (LON:0IR9)

Fortinet Ratios and Metrics

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

Fiscal Year	Current	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Nov 26, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Market Capitalization	45,577	57,842	35,286	31,700	43,397	17,660
Market Cap Growth	-23.54%	63.92%	11.31%	-26.95%	145.73%	28.09%
Enterprise Value	44,040	55,747	33,628	31,095	41,896	16,482
Last Close Price	61.29	75.24	45.96	40.28	53.38	21.85
PE Ratio	32.70	41.49	39.16	44.55	96.84	49.36
PS Ratio	9.35	12.16	8.47	8.65	17.58	9.29
PB Ratio	83.34	48.48	-96.99	-135.63	73.60	28.17
P/TBV Ratio	167.12	63.33	-	-	99.09	32.97
P/FCF Ratio	30.20	38.53	25.96	26.35	48.81	25.17
P/OCF Ratio	25.03	32.07	23.22	22.07	39.18	22.25
EV/Sales Ratio	8.89	11.72	8.07	8.48	16.97	8.67
EV/EBITDA Ratio	26.02	36.32	31.73	35.04	77.69	40.16
EV/EBIT Ratio	28.75	38.80	34.64	38.83	87.84	45.77
EV/FCF Ratio	29.18	37.14	24.74	25.85	47.13	23.49
Debt / Equity Ratio	1.48	0.72	-2.31	-3.86	1.32	0.06
Debt / EBITDA Ratio	0.49	0.54	0.76	0.97	1.38	0.09
Debt / FCF Ratio	0.54	0.57	0.62	0.75	0.88	0.06
Asset Turnover	0.72	0.70	0.79	0.73	0.67	0.66
Inventory Turnover	3.21	2.89	3.30	4.93	4.96	4.42
Quick Ratio	0.90	1.36	1.03	1.13	1.45	1.40
Current Ratio	1.03	1.47	1.19	1.24	1.55	1.50
Return on Equity (ROE)	228.04%	338.74%	-	331.50%	73.34%	44.44%
Return on Assets (ROA)	13.88%	13.21%	11.46%	9.93%	8.10%	7.75%
Return on Capital (ROIC)	66.39%	70.81%	109.42%	45.38%	29.22%	26.75%
Return on Capital Employed (ROCE)	44.20%	31.50%	34.90%	30.60%	17.90%	22.20%
Earnings Yield	3.06%	2.41%	2.55%	2.25%	1.03%	2.03%
FCF Yield	3.31%	2.60%	3.85%	3.79%	2.05%	3.97%
Buyback Yield / Dilution	-0.04%	2.07%	2.12%	3.59%	0.36%	4.19%

Updated Sep 30, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.