FTNT

Nasdaq

Fortinet, Inc.

Information Technology, Systems Software

$159.64

close 7 Aug 2026

+114.08%

52-week change

$117.11B

market cap

$73.55

$172.09

52-week range

Valuation

Market cap$117.11B

P/E (TTM / 5y avg)56.41x55.12x

Forward P/E (FY2026 / FY2027)46.26x42.46x

PEG (TTM / fwd)1.785.17

P/S (TTM)15.56x

P/B75.50x

EV/EBITDA (TTM)44.03x

FCF yield (TTM)2.66%

Cash flow & dividend

FCF (TTM)$3.12B

FCF per share (TTM)$4.25

FCF margin (TTM)41.41%

Dividend yield (indicated / 5y avg)——

Annualized dividend—

Payout ratio (EPS / FCF)——

Growth & quality

Revenue YoY, latest Q+25.64%

Diluted EPS YoY, latest Q+43.86%

Operating margin (TTM)32.44%

Net margin (TTM)28.17%

ROE (latest FY)149.77%

Net debt / EBITDA (TTM)-0.94

Interest coverage (TTM)135.68

Price

+158.04%+20.95%/yrover 5y

Weekly closes · split-adjusted

close 7 Aug 2026

Fundamentals

Fiscal years, last 10, CAGR chips on growth series, plus a dimmed trailing-twelve-month bar

Revenue

5Y CAGR +21.25%10Y CAGR +21.02%

Diluted EPS

5Y CAGR +33.07%10Y CAGR +73.13%

FCF per share

5Y CAGR +20.64%10Y CAGR +25.20%

Operating cash flow

5Y CAGR +19.04%10Y CAGR +24.80%

Free cash flow

5Y CAGR +18.37%10Y CAGR +24.68%

Operating margin

FCF margin

Return on equity

Return on capital employed

Shares outstanding

5Y CAGR -1.77%10Y CAGR -1.42%

Net debt / EBITDA

Interest coverage

Earnings

Street estimates, not SEC filings

Next / Q3 FY26

Date3 Nov 2026amc

EPS estimate$0.8476

Revenue estimate$2.08B

Last reported

Date—

EPS——

Revenue——