Fortinet, Inc. (FTNT)

Fortinet Ratios and Metrics

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

Fiscal Year	Current	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Apr 15, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Market Capitalization	76,282	72,414	44,946	38,195	58,762	24,111
Market Cap Growth	61.11%	61.11%	17.68%	-35.00%	143.71%	32.05%
Enterprise Value	73,289	69,791	42,833	37,466	56,729	22,503
Last Close Price	99.20	94.48	58.53	48.89	71.88	29.71
PE Ratio	43.89	41.49	39.16	44.55	96.84	49.36
Forward PE	40.16	40.11	35.89	36.17	82.80	42.45
PS Ratio	12.73	12.16	8.47	8.65	17.58	9.29
PB Ratio	50.93	48.48	-96.99	-135.63	73.60	28.17
P/TBV Ratio	66.72	63.33	-	-	99.09	32.97
P/FCF Ratio	40.59	38.53	25.96	26.35	48.81	25.17
P/OCF Ratio	33.78	32.07	23.22	22.07	39.18	22.25
PEG Ratio	2.99	2.24	1.96	1.64	4.99	2.53
EV/Sales Ratio	12.31	11.72	8.07	8.48	16.97	8.67
EV/EBITDA Ratio	38.14	36.32	31.73	35.04	77.69	40.16
EV/EBIT Ratio	40.74	38.80	34.64	38.83	87.84	45.77
EV/FCF Ratio	39.00	37.14	24.74	25.85	47.13	23.49
Debt / Equity Ratio	0.72	0.72	-2.31	-3.86	1.32	0.06
Debt / EBITDA Ratio	0.54	0.54	0.76	0.97	1.38	0.09
Debt / FCF Ratio	0.57	0.57	0.62	0.75	0.88	0.06
Asset Turnover	0.70	0.70	0.79	0.73	0.67	0.66
Inventory Turnover	2.89	2.89	3.30	4.93	4.96	4.42
Quick Ratio	1.36	1.36	1.03	1.13	1.45	1.40
Current Ratio	1.47	1.47	1.19	1.24	1.55	1.50
Return on Equity (ROE)	338.74%	338.74%	-	331.50%	73.34%	44.44%
Return on Assets (ROA)	13.21%	13.21%	11.46%	9.93%	8.10%	7.75%
Return on Capital (ROIC)	70.81%	70.81%	109.42%	45.38%	29.22%	26.75%
Return on Capital Employed (ROCE)	31.50%	31.50%	34.90%	30.60%	17.90%	22.20%
Earnings Yield	228.78%	2.41%	2.55%	2.25%	1.03%	2.03%
FCF Yield	246.35%	2.60%	3.85%	3.79%	2.05%	3.97%
Buyback Yield / Dilution	206.80%	2.07%	2.12%	3.59%	0.36%	4.19%

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

SEC Filings: 10-K · 10-Q