NASDAQ · FTNT

Fortinet, Inc.

$151.74 -$0.63 (-0.41%) 1D Market open
Charting by TradingView

Key Metrics

$111.63B
Market cap
57.12×
P/E · TTM
$7.11B
Revenue · TTM
$1.95B
Net income
EPS · TTM $2.52
Dividend yield —
Free cash flow $2.44B
Beta · 1Y 1.06
EBITDA · TTM $2.37B
Gross margin 80.3%

The Story So Far

LAST 6 MONTHS PRIMARY SOURCES ONLY
  • Jul 16
    Money rotated out of high-beta cohorts market-wide.

    High-beta names lagged the blue-chips by 20.3 points over ten sessions around this date. Stocks in that cohort weren't falling alone — they fell together.

    RECEIPT: ROTATION GAUGE, LIVE
  • May 7
    The stock moved +20.0% in a single session.

    Sessions this size usually pair with a chapter above or below — a filing, a headline, or the whole cohort moving together.

    RECEIPT: DAILY BAR, May 7

The story updates itself as events post · The wolf reports; you decide

Snapshot

Market cap$111.63B
Enterprise value$109.57B
Shares outstanding732.6M
52-wk range$70.12 – $170.35
Avg volume · 20D5.7M
Net cash $2.07B
Book value / share$1.27
IndustryComputer Peripheral Equipment, Nec
ExchangeNASDAQ
About Fortinet, Inc.
IPO dateNov 18, 2009
Employees15311

Fortinet is a platform-based cybersecurity vendor with product offerings covering network security, cloud security, zero-trust access, and security operations. The firm derives a majority of its revenue through sales of its subscriptions and support-based business.

Wolf Grade COMING SOON

—

The wolf is in training. Composite grades vs sector — profitability, health, value, momentum — arrive with the percentile engine. Methodology will be public.

Valuation

P/E57.12
P/S15.70
P/FCF45.84
EV/EBITDA46.29
EV/Sales15.41
Graham №$8.49

Profitability

Gross 80.3%
Operating 31.1%
Net 27.5%
FCF 34.3%
ROE / ROIC 157.4% · -242.3%

Financial Health

Current ratio1.15
Quick ratio1.07
Debt / equity0.50
Debt / EBITDA 0.21Low leverage
Net cash $2.07B
Working capital$709.10M

Cash Flow · TTM

Operating CF $2.80B
Capex −$368.90M
Free cash flow $2.44B
Buybacks —
Dividends paid —
Shareholder yield —

Piotroski F-Score

5 / 9
Middling fundamentals · 5 of 9 signals passing

Altman Z-Score

9.0
Safe zone (> 2.99) · bankruptcy risk negligible

Graham Number vs Price

$8.49 vs $152.38
Trades 17.9× above classic defensive value — priced for growth
Fundamentals through 2026-03-31 · computed by TickerWolf from SEC filings