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	Jul '26 Jul 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 Cap	117,487	59,002	72,466	44,541	38,208	58,223
Market Cap Growth	48.39%	-18.58%	62.69%	16.58%	-34.38%	141.14%
Enterprise Value	114,760	56,415	69,394	43,093	36,987	56,676
Last Close Price	160.36	79.41	94.48	58.53	48.89	71.88
PE Ratio	62.17	32.81	41.81	40.09	46.12	98.47
Forward PE	51.29	27.97	40.11	35.89	36.17	82.80
PEG Ratio	3.86	2.01	2.24	1.96	1.64	4.99
PS Ratio	16.53	8.68	12.17	8.40	8.65	17.42
PB Ratio	118.93	47.68	48.51	-96.12	-135.68	74.48
P/TBV Ratio	187.91	68.78	63.78	-	-	101.25
P/FCF Ratio	48.24	26.51	38.56	25.73	26.36	48.37
P/OCF Ratio	41.89	22.78	32.09	23.01	22.08	38.82
EV/Sales Ratio	16.14	8.30	11.65	8.12	8.37	16.96
EV/EBITDA Ratio	48.60	21.93	31.26	26.59	28.51	62.23
EV/EBIT Ratio	52.04	27.06	38.48	34.72	38.15	87.14
EV/FCF Ratio	47.12	25.35	36.93	24.89	25.52	47.08
Debt / Equity Ratio	0.50	0.40	0.67	-2.14	-3.52	1.24
Debt / EBITDA Ratio	0.18	0.39	0.45	0.61	0.76	1.09
Debt / FCF Ratio	0.20	0.45	0.53	0.57	0.68	0.82
Net Debt / Equity Ratio	-2.83	-2.09	-2.06	3.13	4.34	-2.00
Net Debt / EBITDA Ratio	-1.03	-1.00	-1.38	-0.89	-0.94	-1.72
Net Debt / FCF Ratio	-1.15	-1.16	-1.63	-0.84	-0.84	-1.30
Asset Turnover	0.70	0.67	0.70	0.79	0.73	0.67
Inventory Turnover	3.64	3.72	2.89	3.30	4.93	4.96
Quick Ratio	1.03	1.05	1.36	1.03	1.13	1.45
Current Ratio	1.15	1.17	1.47	1.19	1.24	1.55
Return on Equity (ROE)	175.48%	136.47%	333.04%	-296.83%	305.15%	72.42%
Return on Assets (ROA)	17.62%	16.71%	18.27%	16.42%	15.45%	12.76%
Return on Invested Capital (ROIC)	-	-	158.52%	33.11%	78.70%	-
Return on Capital Employed (ROCE)	41.66%	37.71%	39.02%	37.11%	28.73%	22.37%
Earnings Yield	1.66%	3.05%	2.39%	2.49%	2.17%	1.02%
FCF Yield	2.07%	3.77%	2.59%	3.89%	3.79%	2.07%
Buyback Yield / Dilution	2.25%	0.95%	2.07%	2.12%	3.59%	0.36%
Total Shareholder Return	2.25%	0.95%	2.07%	2.12%	3.59%	0.36%

SEC Filings: 10-K · 10-Q