Fortinet, Inc. (ftnt)
FTNT — Company Overview
Fortinet, Inc. (FTNT) is a large-cap company in the Technology sector, operating in Software - Infrastructure.
| Ticker | FTNT |
| Sector | Technology |
| Industry | Software - Infrastructure |
| Exchange | NMS |
| Market cap | $131.14B |
| Last price | $178.74 |
| Size category | Large Cap |
FTNT — Business Description
Fortinet, Inc. (FTNT) operates in Software - Infrastructure within the broader Technology market. Fortinet, Inc. provides cybersecurity and convergence of networking and security solutions worldwide. The company offers FortiOS, a unified operating system designed to address cybersecurity threats; FortiASIC application-specific integrated circuit (ASIC)-based security processing units; FortiCloud, a private cloud software as a service platform; FortiAI, which provides a dual-layered defense across the Fortinet Security Fabric; FortiEndpoint, which converges secure connectivity, endpoint protection, and capabilities into a single agent; and OT Security, which protect the engineered systems that underpin infrastructure and supply chains. It also provides secure networking solutions that focus on the convergen…
Official website: https://www.fortinet.com.
FTNT — Investment Thesis
The investment thesis for Fortinet, Inc. (FTNT) rests on how Technology dynamics, profitability, and valuation interact at today's price.
- Revenue is expanding at roughly 25.6% year-over-year (public data).
- Trailing P/E of 61.63× implies elevated growth expectations at the current price.
- Forward P/E (47.31×) is below trailing P/E — earnings may be expected to improve.
- Equity market capitalization is approximately $131.14B.
See the free estimates and earnings pages for public targets and growth metrics. Ownership, live news, and deeper models remain in Vest Terminal.
FTNT — Financial Health
Financial health for Fortinet, Inc. (FTNT) is summarized from publicly reported profitability, leverage, and cash-flow metrics.
Profit margin of 28.2% indicates solid bottom-line conversion. Positive free cash flow of $2.27B supports balance-sheet flexibility.
| Trailing P/E | 61.63× |
| Forward P/E | 47.31× |
| Price / Sales | 17.42× |
| Price / Book | 84.55× |
| Gross margin | 80.2% |
| Operating margin | 33.6% |
| Profit margin | 28.2% |
| Return on equity | 117.4% |
| Debt / Equity | 36.19 |
| Free cash flow | $2.27B |
FTNT — Growth Outlook
Growth outlook for Fortinet, Inc. (FTNT) depends on demand trends in Software - Infrastructure and the company's ability to convert revenue into sustainable earnings.
- Revenue growth of 25.6% indicates strong top-line momentum.
- Earnings growth of 43.9% year-over-year supports improving profitability.
- Price is 0.3% below the 52-week high.
FTNT — Competitive Position
Fortinet, Inc. (FTNT) is evaluated against peers on scale, margin structure, and capital efficiency within Technology.
- Competes within Technology, specifically in Software - Infrastructure.
- Market capitalization of $131.14B places FTNT among large-cap peers.
- Gross margin near 80.2% may reflect pricing power or favorable mix.
FTNT — Strengths
Strengths for Fortinet, Inc. (FTNT) inferred from public financial metrics:
- Revenue growth of 25.6% year-over-year.
- Earnings growth of 43.9% year-over-year.
- Return on equity near 117.4% — efficient use of shareholder capital.
- Gross margin of 80.2% supports competitive unit economics.
- Positive free cash flow ($2.27B).
- Moderate leverage (debt/equity 36.19).
FTNT — Weaknesses
Weaknesses and pressure points for Fortinet, Inc. (FTNT) based on available data:
- Elevated trailing P/E (61.63×) limits valuation margin of safety.
FTNT — Opportunities
- Sustained revenue growth (25.6%) could support multiple expansion if margins hold.
- Positive free cash flow enables reinvestment, debt reduction, or shareholder returns.
- Forward earnings multiple below trailing P/E — potential earnings acceleration ahead.
FTNT — Risks
- Rich valuation (P/E 61.63×) increases downside if growth slows.
FTNT — Summary
Fortinet, Inc. (FTNT) is a large-cap Technology company focused on Software - Infrastructure, listed on NMS. Last price $178.74 with market cap $131.14B. Trailing P/E 61.63×. Revenue grew 25.6% year-over-year per public data. Notable strengths include revenue growth of 25.6% year-over-year. Key watch items include elevated trailing p/e (61.63×) limits valuation margin of safety. Public estimates and earnings snapshots for Fortinet, Inc. are on this site; ownership, live news, and deeper models remain in Vest Terminal.
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Fortinet, Inc. FAQ
What does Fortinet, Inc. (FTNT) do?
Fortinet, Inc. provides cybersecurity and convergence of networking and security solutions worldwide. The company offers FortiOS, a unified operating system designed to address cybersecurity threats; FortiASIC application-specific integrated circuit (ASIC)-based security process…
What is FTNT's P/E ratio?
Fortinet, Inc. has a trailing P/E of 61.63× based on publicly available market data.
Does FTNT pay a dividend?
Indicated dividend yield: none reported. Confirm ex-dates and payout history in Vest Terminal.
What sector is FTNT in?
Fortinet, Inc. is classified in Technology (Software - Infrastructure) on NMS.
What is FTNT's market capitalization?
Approximate market cap: $131.14B.
What are the main risks for FTNT?
Key risks include elevated valuation, among factors on this page.
What are the strengths of FTNT?
Potential positives include revenue growth of 25.6% year-over-year, earnings growth of 43.9% year-over-year.
Where can I get analyst estimates for FTNT?
Public analyst price targets and consensus for Fortinet, Inc. are on the free /stocks/ftnt/estimates page. Deeper estimate history and models are available in Vest Terminal.