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	Jun '26 Jun 29, 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	113,868	59,002	72,466	44,541	38,208	58,223
Market Cap Growth	45.82%	-18.58%	62.69%	16.58%	-34.38%	141.14%
Enterprise Value	111,141	56,415	69,394	43,093	36,987	56,676
Last Close Price	155.42	79.41	94.48	58.53	48.89	71.88
PE Ratio	60.26	32.81	41.81	40.09	46.12	98.47
Forward PE	49.79	27.97	40.11	35.89	36.17	82.80
PEG Ratio	3.75	2.01	2.24	1.96	1.64	4.99
PS Ratio	16.02	8.68	12.17	8.40	8.65	17.42
PB Ratio	115.27	47.68	48.51	-96.12	-135.68	74.48
P/TBV Ratio	182.12	68.78	63.78	-	-	101.25
P/FCF Ratio	46.75	26.51	38.56	25.73	26.36	48.37
P/OCF Ratio	40.60	22.78	32.09	23.01	22.08	38.82
EV/Sales Ratio	15.63	8.30	11.65	8.12	8.37	16.96
EV/EBITDA Ratio	47.07	21.93	31.26	26.59	28.51	62.23
EV/EBIT Ratio	50.39	27.06	38.48	34.72	38.15	87.14
EV/FCF Ratio	45.63	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)	21.14%	21.46%	24.39%	21.20%	21.17%	18.72%
Return on Capital Employed (ROCE)	41.66%	37.71%	39.02%	37.11%	28.73%	22.37%
Earnings Yield	1.72%	3.05%	2.39%	2.49%	2.17%	1.02%
FCF Yield	2.14%	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