Overall, Fortinet demonstrates strong business quality with robust financial performance, market leadership, and innovative offerings. Future prospects remain favorable with strategic growth initiatives and expansion opportunities, despite some short-term caution regarding billing guidance.
Analysis Date: February 6, 2025 Last Updated: May 29, 2025
+1130%
+28.5% per year
Past performance does not guarantee future results. The data presented is indicative and may not be updated in real-time.
CountryUS
ExchangeNASDAQ
IndustrySoftware - Infrastructure
SectorTechnology
Market Cap$75.07B
CEOMr. Ken Xie
Fortinet, Inc. is a company that helps protect businesses from cyber threats, like hackers and viruses. They create tools, both hardware and software, that act like security guards for computers and networks. Some of their main products include firewalls to block unwanted access, secure email systems to keep messages safe, and safe Wi-Fi solutions for connecting devices. Fortinet serves various industries, such as healthcare, finance, and education, ensuring that their customers' information stays secure and private.
Streams of revenue
Service:41%
Security Subscription:23%
Product:19%
Technical Support and Other:17%
Geographic Distribution
Americas:87%
Other Americas:14%
Core Products
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FortiWebWeb app firewall
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FortiGateNetwork firewall
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FortiClientEndpoint protection
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FortiManagerNetwork management
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FortiAnalyzerSecurity analytics
Business Type
Business to Business
Competitive Advantages
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Trailing Twelve Months (TTM) values provide a view of the company's performance over the last year.
Graham Value Metrics
Benjamin Graham's value investing approach focuses on finding stocks with a significant margin of safety between their intrinsic value and market price.
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Trailing Twelve Months (TTM) values provide a view of the company's performance over the last year.
Income Statement Flow
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About Profitability Metrics
Profitability metrics measure a company's ability to generate earnings relative to its revenue, operating costs, and other relevant metrics. Higher values generally indicate better performance.
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FTNT Stock Analysis: Fortinet, Inc. Investment Guide
FTNT (Fortinet, Inc.) is a Technology company listed on NASDAQ Global Select. The stock has generated 28.5% annual returns with an overall investment score of None/100.
Overall, Fortinet demonstrates strong business quality with robust financial performance, market leadership, and innovative offerings. Future prospects remain favorable with strategic growth initiatives and expansion opportunities, despite some short-term caution regarding billing guidance.
FTNT Key Financial Metrics
FTNT financial analysis includes comprehensive valuation ratios, profitability metrics, and financial health indicators. The company has a valuation score of 0.19734589932138308/100 and profitability score of 8.75/100 with financial health rated 7.45/100.
About Fortinet, Inc.
Fortinet, Inc. is a company that helps protect businesses from cyber threats, like hackers and viruses. They create tools, both hardware and software, that act like security guards for computers and networks. Some of their main products include firewalls to block unwanted access, secure email systems to keep messages safe, and safe Wi-Fi solutions for connecting devices. Fortinet serves various industries, such as healthcare, finance, and education, ensuring that their customers' information stays secure and private.
FTNT Investment Recommendation
Based on our comprehensive analysis of FTNT, investors should consider the company's strong performance track record, earnings consistency (10/10 quarters beat expectations), and current valuation metrics when making investment decisions.
Technology Sector Analysis
FTNT operates in the Software - Infrastructure industry within the Technology sector. This analysis compares Fortinet, Inc. performance against industry and sector benchmarks to provide context for investment decisions.
Frequently Asked Questions about FTNT Stock
Is FTNT a good investment?
FTNT (Fortinet, Inc.) has generated 28.5% annual returns with an overall score of None/100. Overall, Fortinet demonstrates strong business quality with robust financial performance, market leadership, and innovative offerings. Future prospects remain favorable with strategic growth initiatives and expansion opportunities, despite some short-term caution … Investors should consider their risk tolerance and investment goals when evaluating FTNT.
What is FTNT P/E ratio and valuation?
FTNT valuation metrics including P/E ratio, price-to-book ratio, and price-to-sales ratio are analyzed on this page with comparisons to Software - Infrastructure industry and Technology sector benchmarks. The company currently has a valuation score of 0.19734589932138308/100.
Should I buy FTNT stock now?
The decision to buy FTNT stock should be based on comprehensive analysis of financial metrics, market conditions, and individual investment goals. Our analysis provides profitability score of 8.75/100, financial health score of 7.45/100, and detailed performance metrics to help inform your investment decision.
What are FTNT financial health indicators?
FTNT financial health analysis includes liquidity ratios, debt levels, cash flow metrics, and profitability indicators. The company has a financial health score of 7.45/100 based on comprehensive analysis of balance sheet strength and operational efficiency.
How does FTNT compare to competitors?
FTNT performance is benchmarked against Software - Infrastructure industry peers and Technology sector averages. Our analysis includes comparative valuation ratios, profitability metrics, and growth indicators to provide context for Fortinet, Inc.'s market position.
What are FTNT historical returns?
FTNT has generated 28.5% annual returns over the 10Y. Historical performance analysis includes price appreciation, dividend yields, and total shareholder returns compared to market benchmarks.
FTNT Key Investment Metrics Summary
Annual Return: 28.5%
Valuation Score: 0.19734589932138308/100
Profitability Score: 8.75/100
Financial Health Score: 7.45/100
Growth Score: 1.3500020379765303/100
Earnings Beat Rate: 10/10 quarters
Sector: Technology
Industry: Software - Infrastructure
Exchange: NASDAQ Global Select
Market Cap: 75066406820
FTNT Investment Thesis
Fortinet, Inc. (FTNT) represents an excellent investment opportunity in the Technology sector. With an overall score of None/100, the company demonstrates areas for financial improvement.
Investment Strengths
High Gross Profit Margin
Strong Net Profit Margin
Strong Liquidity Ratios
Low Debt Levels
Strong Financial Performance
Market Leadership in Secure Networking
Innovative Product Offerings
Expansion in Unified SaaS and SecOps
Strategic Acquisitions to Enhance Offerings
Significant Upgrade Opportunity
Investment Risks
High Valuation Ratios
Low Return on Equity
Short-term Billing Guidance Caution
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