Fortinet Ratios and Metrics

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

Millions USD. Fiscal year is Jan - Dec.

Fiscal Year	Current	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Apr '26 Apr 28, 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 Cap	63,619	59,053	72,466	44,541	38,208	58,223
Market Cap Growth	-14.11%	-18.51%	62.69%	16.58%	-34.38%	141.14%
Enterprise Value	61,431	55,967	69,394	43,093	36,987	56,676
Last Close Price	85.98	79.41	94.48	58.53	48.89	71.88
PE Ratio	35.40	32.81	41.81	40.09	46.12	98.47
Forward PE	28.79	27.97	40.11	35.89	36.17	82.80
PEG Ratio	2.35	2.01	2.24	1.96	1.64	4.99
PS Ratio	9.41	8.68	12.17	8.40	8.65	17.42
PB Ratio	51.44	47.72	48.51	-96.12	-135.68	74.48
P/TBV Ratio	53.13	49.06	48.82	-99.55	-139.81	76.81
P/FCF Ratio	28.73	26.53	38.56	25.73	26.36	48.37
P/OCF Ratio	24.69	22.80	32.09	23.01	22.08	38.82
EV/Sales Ratio	9.03	8.23	11.65	8.12	8.37	16.96
EV/EBITDA Ratio	27.59	21.75	31.26	26.59	28.51	62.23
EV/EBIT Ratio	29.62	26.85	38.48	34.72	38.15	87.14
EV/FCF Ratio	27.60	25.14	36.93	24.89	25.52	47.08
Debt / Equity Ratio	0.40	0.40	0.67	-2.14	-3.52	1.24
Debt / EBITDA Ratio	0.39	0.39	0.45	0.61	0.76	1.09
Debt / FCF Ratio	0.45	0.45	0.53	0.57	0.68	0.82
Net Debt / Equity Ratio	-2.09	-2.09	-2.06	3.13	4.34	-2.00
Net Debt / EBITDA Ratio	-1.00	-1.00	-1.38	-0.89	-0.94	-1.72
Net Debt / FCF Ratio	-1.16	-1.16	-1.63	-0.84	-0.84	-1.30
Asset Turnover	0.67	0.67	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%	-308.13%	331.50%	73.34%
Return on Assets (ROA)	16.53%	16.69%	18.31%	16.48%	15.50%	12.78%
Return on Invested Capital (ROIC)	30.78%	31.09%	35.17%	30.72%	30.78%	27.69%
Return on Capital Employed (ROCE)	37.71%	37.71%	39.02%	37.11%	28.73%	22.37%
Earnings Yield	2.90%	3.05%	2.39%	2.49%	2.17%	1.02%
FCF Yield	3.48%	3.77%	2.59%	3.89%	3.79%	2.07%
Buyback Yield / Dilution	0.95%	0.95%	2.07%	2.12%	3.59%	0.36%
Total Shareholder Return	0.95%	0.95%	2.07%	2.12%	3.59%	0.36%

Updated Feb 5, 2026. Data Source: Fiscal.ai. Standard template. Financial Sources.

SEC Filings: 10-K · 10-Q