Fortinet Ratios and Metrics

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

Millions USD. Fiscal year is Jan - Dec.

Fiscal Quarter	Current	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	Q2 2021	Q1 2021	Q4 2020	Q3 2020	Q2 2020	Q1 2020	Q4 2019	+20 Quarters
Period Ending	Jan '25 Jan 14, 2025	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	Jun '21 Jun 30, 2021	Mar '21 Mar 31, 2021	Dec '20 Dec 31, 2020	Sep '20 Sep 30, 2020	Jun '20 Jun 30, 2020	Mar '20 Mar 31, 2020	Dec '19 Dec 31, 2019	+20 Quarters
Market Capitalization	70,479	59,319	46,043	52,123	44,946	46,084	59,353	52,109	38,195	38,740	45,413	54,957	58,762	47,696	38,901	30,096	24,111	19,065	22,189	17,453	18,260	Upgrade
Market Cap Growth	28.72%	28.72%	-22.43%	0.03%	17.68%	18.96%	30.70%	-5.18%	-35.00%	-18.78%	16.74%	82.61%	143.71%	150.17%	75.31%	72.44%	32.05%	45.26%	69.13%	21.81%	52.17%	Upgrade
Enterprise Value	69,292	57,056	44,102	50,754	42,833	43,834	57,545	50,984	37,466	37,988	44,276	53,477	56,729	45,633	37,007	28,311	22,503	17,582	20,831	15,434	16,361	Upgrade
Last Close Price	93.83	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	47.64	36.88	29.71	23.56	27.45	20.23	21.35	Upgrade
PE Ratio	46.18	38.77	35.07	43.46	39.16	40.05	56.03	53.91	44.55	52.18	67.38	86.14	96.84	86.02	75.56	61.28	49.36	41.45	53.24	46.23	55.05	Upgrade
Forward PE	39.06	37.17	34.00	40.03	35.89	37.32	50.65	47.02	36.17	41.57	52.49	68.99	82.80	71.27	61.95	49.99	42.45	37.07	47.33	37.74	40.95	Upgrade
PS Ratio	12.55	10.39	8.31	9.66	8.47	8.91	11.90	11.03	8.65	9.45	11.90	15.32	17.58	15.25	13.37	11.04	9.29	7.74	9.40	7.70	8.44	Upgrade
PB Ratio	79.12	65.32	159.76	-379.07	-96.99	621.91	184.79	4570.97	-135.63	-62.20	-119.63	235.66	73.60	42.00	37.04	30.68	28.17	26.73	40.80	32.54	13.60	Upgrade
P/TBV Ratio	101.63	101.63	353.90	-	-	-	394.11	-	-	-	-	1416.42	99.09	51.87	42.18	35.44	32.97	30.77	48.95	39.49	14.68	Upgrade
P/FCF Ratio	43.22	35.65	29.26	30.79	25.96	22.33	30.01	28.58	26.35	33.18	41.20	45.29	48.81	38.08	35.10	32.37	25.17	22.78	25.96	21.38	25.51	Upgrade
P/OCF Ratio	36.46	30.08	24.04	24.96	23.22	20.28	26.93	25.90	22.07	24.69	30.58	34.79	39.18	33.37	31.09	27.86	22.25	19.50	22.69	18.85	22.60	Upgrade
PEG Ratio	2.20	2.49	2.28	2.47	1.96	2.11	2.71	2.68	1.64	1.97	2.71	3.79	4.99	4.06	4.01	3.08	2.53	2.29	2.91	2.35	2.48	Upgrade
EV/Sales Ratio	12.13	9.99	7.96	9.41	8.07	8.47	11.54	10.79	8.48	9.27	11.60	14.91	16.97	14.59	12.72	10.38	8.67	7.13	8.82	6.80	7.56	Upgrade
EV/EBITDA Ratio	40.10	33.02	28.29	36.28	31.73	33.22	44.96	42.71	35.04	41.09	53.88	69.65	77.69	67.49	58.70	47.13	40.15	34.25	42.83	34.78	39.65	Upgrade
EV/EBIT Ratio	43.04	35.44	30.58	39.52	34.64	36.26	49.13	46.89	38.82	46.21	61.24	79.20	87.84	76.02	65.99	53.20	45.77	39.47	49.56	40.58	46.61	Upgrade
EV/FCF Ratio	41.64	34.29	28.03	29.98	24.74	21.24	29.09	27.97	25.85	32.53	40.17	44.07	47.13	36.43	33.39	30.45	23.49	21.01	24.37	18.90	22.86	Upgrade
Debt / Equity Ratio	1.19	1.19	3.73	-7.87	-2.31	14.26	3.31	93.95	-3.86	-1.59	-2.61	4.24	1.32	0.94	1.00	1.06	0.06	0.07	0.08	0.08	0.03	Upgrade
Debt / EBITDA Ratio	0.60	0.60	0.66	0.74	0.76	0.77	0.80	0.86	0.97	1.07	1.20	1.29	1.38	1.52	1.59	1.66	0.09	0.09	0.09	0.09	0.11	Upgrade
Debt / FCF Ratio	0.65	0.65	0.68	0.64	0.62	0.51	0.54	0.59	0.75	0.85	0.90	0.81	0.88	0.86	0.95	1.12	0.06	0.06	0.05	0.05	0.06	Upgrade
Asset Turnover	0.70	0.70	0.71	0.74	0.79	0.81	0.78	0.76	0.73	0.72	0.70	0.66	0.67	0.65	0.65	0.64	0.65	0.69	0.70	0.71	0.62	Upgrade
Inventory Turnover	2.82	2.82	3.19	3.33	3.30	3.57	4.14	4.67	4.93	5.16	5.47	5.27	4.96	4.62	4.71	4.70	4.42	4.65	4.99	5.39	4.87	Upgrade
Quick Ratio	1.22	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	1.85	1.90	1.40	1.34	1.26	1.22	1.79	Upgrade
Current Ratio	1.34	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	1.96	2.01	1.50	1.45	1.37	1.32	1.90	Upgrade
Return on Equity (ROE)	311.53%	311.53%	430.88%	-	-	-	-	789.86%	331.50%	289.24%	200.92%	105.07%	73.34%	60.00%	64.59%	64.74%	44.44%	48.08%	50.03%	47.35%	28.20%	Upgrade
Return on Assets (ROA)	12.32%	12.32%	11.60%	11.08%	11.46%	11.79%	11.45%	10.89%	9.93%	9.09%	8.33%	7.72%	8.10%	7.85%	7.89%	7.84%	7.76%	7.81%	7.84%	7.41%	6.31%	Upgrade
Return on Capital (ROIC)	64.60%	64.60%	65.57%	79.18%	109.42%	100.90%	73.37%	58.98%	45.38%	39.93%	33.35%	26.00%	29.22%	25.28%	26.09%	25.55%	26.75%	27.80%	30.07%	28.35%	18.29%	Upgrade
Earnings Yield	2.13%	2.58%	2.85%	2.30%	2.55%	2.50%	1.78%	1.85%	2.24%	1.92%	1.48%	1.16%	1.03%	1.16%	1.32%	1.63%	2.03%	2.41%	1.88%	2.16%	1.82%	Upgrade
FCF Yield	2.31%	2.81%	3.42%	3.25%	3.85%	4.48%	3.33%	3.50%	3.79%	3.01%	2.43%	2.21%	2.05%	2.63%	2.85%	3.09%	3.97%	4.39%	3.85%	4.68%	3.92%	Upgrade
Buyback Yield / Dilution	2.76%	2.76%	2.39%	2.00%	2.12%	2.82%	3.78%	4.09%	3.59%	2.09%	0.57%	-0.45%	0.36%	2.01%	3.63%	5.20%	4.19%	2.84%	1.68%	0.06%	-0.46%	Upgrade
Total Shareholder Return	2.76%	2.76%	2.39%	2.00%	2.12%	2.82%	3.78%	4.09%	3.59%	2.09%	0.57%	-0.45%	0.36%	2.01%	3.63%	5.20%	4.19%	2.84%	1.68%	0.06%	-0.46%	Upgrade

Source: S&P Capital IQ. Standard template. Financial Sources.