Fortinet Ratios and Metrics

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

Millions USD. Fiscal year is Jan - Dec.

Fiscal Quarter	Current	Q1 2026	Q4 2025	Q3 2025	Q2 2025	Q1 2025	Q4 2024	Q3 2024	Q2 2024	Q1 2024	Q4 2023	Q3 2023	Q2 2023	Q1 2023	Q4 2022	Q3 2022	Q2 2022	Q1 2022	Q4 2021	Q3 2021
Period Ending	Jun '26 Jun 22, 2026	Mar '26 Mar 31, 2026	Dec '25 Dec 31, 2025	Sep '25 Sep 30, 2025	Jun '25 Jun 30, 2025	Mar '25 Mar 31, 2025	Dec '24 Dec 31, 2024	Sep '24 Sep 30, 2024	Jun '24 Jun 30, 2024	Mar '24 Mar 31, 2024	Dec '23 Dec 31, 2023	Sep '23 Sep 30, 2023	Jun '23 Jun 30, 2023	Mar '23 Mar 31, 2023	Dec '22 Dec 31, 2022	Sep '22 Sep 30, 2022	Jun '22 Jun 30, 2022	Mar '22 Mar 31, 2022	Dec '21 Dec 31, 2021	Sep '21 Sep 30, 2021
Market Cap	106,520	59,983	59,002	62,463	80,939	74,043	72,466	59,380	46,058	52,134	44,541	45,553	59,384	52,131	38,208	38,326	44,608	54,769	58,223	47,709
Market Cap Growth	31.61%	-18.99%	-18.58%	5.19%	75.73%	42.02%	62.69%	30.35%	-22.44%	0.01%	16.58%	18.86%	33.12%	-4.82%	-34.38%	-19.67%	14.68%	81.88%	141.14%	149.54%
Enterprise Value	102,788	57,184	56,415	60,336	77,372	70,258	69,394	56,673	43,712	50,104	43,093	43,376	57,061	50,243	36,987	37,598	43,856	53,632	56,676	45,611
Last Close Price	145.39	81.72	79.41	84.08	105.72	96.26	94.48	77.55	60.27	68.31	58.53	58.68	75.59	66.46	48.89	49.13	56.58	68.35	71.88	58.41
PE Ratio	56.11	31.55	32.81	34.60	42.12	39.61	41.81	39.17	35.66	44.65	40.09	40.47	56.83	54.93	46.12	53.99	69.85	89.93	98.47	89.04
Forward PE	46.36	27.43	27.97	32.45	41.83	38.96	40.11	37.17	33.99	40.03	35.89	37.32	50.65	47.02	36.17	41.57	52.49	68.99	82.80	71.27
PEG Ratio	3.49	2.02	2.01	2.38	3.06	2.90	2.24	2.49	2.29	2.47	1.96	2.11	2.71	2.68	1.64	1.97	2.71	3.79	4.99	4.06
PS Ratio	14.84	8.44	8.68	9.53	12.77	12.05	12.17	10.40	8.32	9.66	8.40	8.81	11.91	11.03	8.65	9.35	11.69	15.27	17.42	15.26
PB Ratio	107.34	60.61	47.68	84.97	39.28	37.72	48.51	65.39	159.81	-379.16	-96.12	614.75	184.88	4572.91	-135.68	-60.38	-113.53	251.58	74.48	42.67
P/TBV Ratio	170.37	95.76	68.78	176.94	48.77	46.37	63.78	102.46	359.48	-	-	-	398.99	-	-	-	-	1466.44	101.25	52.94
P/FCF Ratio	43.32	24.63	26.51	30.79	39.82	35.81	38.56	35.69	29.28	30.80	25.73	22.07	30.02	28.59	26.36	32.82	40.47	45.13	48.37	38.09
P/OCF Ratio	37.63	21.39	22.78	25.52	33.71	32.32	32.09	30.11	24.05	24.96	23.01	20.05	26.95	25.91	22.08	24.42	30.04	34.67	38.82	33.38
EV/Sales Ratio	14.46	8.04	8.30	9.20	12.21	11.44	11.65	9.92	7.89	9.29	8.12	8.39	11.44	10.63	8.37	9.17	11.49	14.95	16.96	14.59
EV/EBITDA Ratio	43.53	21.03	21.93	24.11	32.17	29.70	31.26	28.04	23.67	29.84	26.59	27.46	37.33	35.09	28.51	32.93	42.68	55.80	62.23	53.97
EV/EBIT Ratio	46.61	25.86	27.06	29.68	39.54	36.29	38.48	35.10	30.21	38.88	34.72	35.74	48.53	46.01	38.15	45.48	60.27	78.89	87.14	75.40
EV/FCF Ratio	42.20	23.48	25.35	29.75	38.06	33.98	36.93	34.06	27.78	29.60	24.89	21.02	28.85	27.56	25.52	32.20	39.79	44.20	47.08	36.42
Debt / Equity Ratio	0.50	0.50	0.40	0.68	0.24	0.25	0.67	1.09	3.45	-7.22	-2.14	13.38	3.09	86.92	-3.52	-1.59	-2.61	4.24	1.24	0.87
Debt / EBITDA Ratio	0.18	0.18	0.39	0.40	0.41	0.42	0.45	0.49	0.54	0.59	0.61	0.63	0.65	0.69	0.76	0.87	0.96	1.03	1.09	1.19
Debt / FCF Ratio	0.20	0.20	0.45	0.49	0.49	0.48	0.53	0.60	0.63	0.59	0.57	0.48	0.50	0.54	0.68	0.85	0.90	0.82	0.82	0.80
Net Debt / Equity Ratio	-2.83	-2.83	-2.09	-2.89	-1.73	-1.93	-2.06	-2.98	-8.14	14.77	3.13	-29.38	-7.23	-165.63	4.34	1.17	1.95	-5.29	-2.00	-1.89
Net Debt / EBITDA Ratio	-1.03	-1.03	-1.00	-0.85	-1.48	-1.60	-1.38	-1.34	-1.27	-1.21	-0.89	-1.38	-1.52	-1.32	-0.94	-0.65	-0.74	-1.20	-1.72	-2.50
Net Debt / FCF Ratio	-1.15	-1.15	-1.16	-1.05	-1.75	-1.83	-1.63	-1.63	-1.49	-1.20	-0.84	-1.05	-1.17	-1.04	-0.84	-0.63	-0.69	-0.95	-1.30	-1.69
Asset Turnover	0.70	0.70	0.67	0.69	0.62	0.61	0.70	0.71	0.72	0.72	0.79	0.75	0.73	0.72	0.73	0.73	0.68	0.62	0.67	0.62
Inventory Turnover	3.64	3.64	3.72	3.38	3.29	3.38	2.89	2.76	2.80	2.67	3.30	3.33	3.69	4.02	4.93	5.19	5.09	4.88	4.96	4.54
Quick Ratio	1.03	1.03	1.05	0.90	1.21	1.26	1.36	1.22	1.19	1.06	1.03	1.15	1.25	1.22	1.13	0.97	1.01	1.17	1.45	1.70
Current Ratio	1.15	1.15	1.17	1.03	1.33	1.36	1.47	1.34	1.32	1.20	1.19	1.30	1.39	1.34	1.24	1.07	1.12	1.28	1.55	1.80
Return on Equity (ROE)	175.48%	175.48%	136.47%	168.55%	109.13%	108.03%	333.04%	673.04%	-1460.73%	-390.35%	-296.83%	-1034.12%	4949.49%	-654.55%	305.15%	813.10%	310.17%	120.53%	72.42%	55.41%
Return on Assets (ROA)	17.62%	17.62%	16.71%	17.66%	16.31%	16.27%	18.27%	16.89%	16.34%	15.26%	16.42%	16.91%	15.95%	15.82%	15.45%	14.22%	13.19%	11.86%	12.76%	11.36%
Return on Invested Capital (ROIC)	21.14%	21.14%	21.46%	21.83%	21.79%	22.06%	24.39%	21.95%	21.22%	19.47%	21.20%	22.37%	21.56%	21.29%	21.17%	18.66%	17.50%	16.28%	18.72%	17.95%
Return on Capital Employed (ROCE)	41.66%	41.66%	37.71%	39.57%	33.84%	34.02%	39.02%	37.96%	36.78%	34.82%	37.11%	34.77%	32.96%	32.50%	28.73%	26.85%	23.24%	20.17%	22.37%	20.21%
Earnings Yield	1.85%	3.17%	3.05%	2.89%	2.37%	2.52%	2.39%	2.55%	2.80%	2.24%	2.49%	2.47%	1.76%	1.82%	2.17%	1.85%	1.43%	1.11%	1.02%	1.12%
FCF Yield	2.31%	4.06%	3.77%	3.25%	2.51%	2.79%	2.59%	2.80%	3.42%	3.25%	3.89%	4.53%	3.33%	3.50%	3.79%	3.05%	2.47%	2.22%	2.07%	2.63%
Buyback Yield / Dilution	2.25%	2.23%	0.95%	-0.04%	0.24%	1.15%	2.07%	2.76%	2.38%	2.00%	2.12%	2.82%	3.78%	4.08%	3.59%	2.07%	0.55%	-0.46%	0.36%	2.01%
Total Shareholder Return	2.25%	2.23%	0.95%	-0.04%	0.24%	1.15%	2.07%	2.76%	2.38%	2.00%	2.12%	2.82%	3.78%	4.08%	3.59%	2.07%	0.55%	-0.46%	0.36%	2.01%

SEC Filings: 10-K · 10-Q