Fortinet, Inc.

$87.23 ▲ 2.28%
2026-04-22 10:12:13

Explore Fortinet, Inc. stock price, valuation, financial statements, dividend history, analyst estimates, and long-term business fundamentals on StockSifting.

Market Cap
$64.38 B
Current Price
$87.23
52W High / Low
$109.33 / $70.12
Stock P/E
36.05
Book Value
$1.67
Dividend Yield
ROCE
38.93%
ROE
1.36%
Face Value
EPS
$2.42
Exp Qtr EPS
Sector
Technology
Industry
Software - Infrastructure
Employees
15,109
Beta
1
Debt / Equity
85.8
Current Ratio
1.17
Quick Ratio
1.09
Forward P/E
23.17
Price / Sales
8.39
Enterprise Value
$54.23 B
EV / EBITDA
24.36
EV / Revenue
7.98
Rating
Hold
Target Price
$89.12
EPS Forecast (FY)

Pros

  • Healthy return on equity.
  • Efficient use of capital employed.
  • Strong operating margin profile.
  • Net margin remains healthy.

Cons

  • Some data points may be missing or delayed because the source is not an official exchange feed.

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Quarterly Results

Figures shown in M / B

Q4 2025Q3 2025Q2 2025Q1 2025Q4 2024Q3 2024
Sales1.91 B1.72 B1.63 B1.54 B1.66 B
Operating Profit625.6 M547.3 M458 M453.8 M574.1 M
Net Profit506 M473.9 M440.1 M433.4 M526.2 M
EPS in Rs0.680.640.590.590.71

Profit & Loss

Figures shown in M / B

2025202420232022
Sales6.8 B5.96 B5.3 B4.42 B
Operating Profit2.08 B1.8 B1.24 B969.6 M
Net Profit1.85 B1.75 B1.15 B857.3 M
EPS in Rs2.52.361.551.16

Balance Sheet

Figures shown in M / B

2025202420232022
Total Assets10.39 B9.76 B7.26 B6.23 B
Total Liabilities9.15 B8.27 B7.72 B6.51 B
Equity1.24 B1.49 B-463.4 M-281.6 M
Current Assets5.9 B5.97 B4.43 B3.81 B
Current Liabilities5.03 B4.06 B3.72 B3.08 B

Cash Flow

Last available yearly cash flow history

2025202420232022
Operating CF2.59 B2.26 B1.94 B1.73 B
Investing CF-599.1 M-727.4 M-649.3 M763.9 M
Financing CF-2.37 B-50.1 M-1.57 B-2.13 B
Free CF2.23 B1.88 B1.73 B1.45 B
Capex-364.8 M-378.9 M-204.1 M-281.2 M

5Y Margin & Growth History

Last 5 year derived history from yfinance annual statements

2024202320222021
Revenue Growth %12.27%20.09%
Earnings Growth %52.05%33.89%
Profit Margin %29.3%21.64%19.41%
Operating Margin %30.28%23.4%21.95%
Gross Margin %80.56%76.68%75.44%
EBITDA Margin %36.96%27.67%24.4%

Dividend & Split History

Latest dividend and stock split events stored from yfinance

Dividend History

No dividend history available.

Stock Splits

DateSplit
2022-06-231:5

Shareholding Pattern

Shares and value shown in M / B

Holder Name Type Shares Value % Out Report Date
Fidelity Concord Street Trust-Fidelity 500 Index Fund Mutual Fund 8.04 M $663.89 M 0.01% 2026-02-28
Invesco QQQ Trust, Series 1 Mutual Fund 16.2 M $1.34 B 0.02% 2026-01-31
iShares Trust-iShares Core S&P 500 ETF Mutual Fund 8.13 M $671.3 M 0.01% 2026-01-31
SPDR S&P 500 ETF TRUST-State Street SPDR S&P 500 ETF Trust Mutual Fund 7.59 M $626.09 M 0.01% 2026-01-31
First TRT Exch-Trd Fd. II-First TRT NASDAQ Cybersecurity ETF Mutual Fund 5.53 M $456.03 M 0.01% 2026-01-31
Vanguard Group Inc Institutional 73.75 M $6.09 B 0.1% 2025-12-31
Blackrock Inc. Institutional 61.22 M $5.05 B 0.08% 2025-12-31
State Street Corporation Institutional 29.14 M $2.4 B 0.04% 2025-12-31
VANGUARD INDEX FUNDS-Vanguard Total Stock Market Index Fund Mutual Fund 19.84 M $1.64 B 0.03% 2025-12-31
Geode Capital Management, LLC Institutional 16.98 M $1.4 B 0.02% 2025-12-31
VANGUARD INDEX FUNDS-Vanguard 500 Index Fund Mutual Fund 15.94 M $1.32 B 0.02% 2025-12-31
NORGES BANK Institutional 14.52 M $1.2 B 0.02% 2025-12-31
Bank Of New York Mellon Corporation Institutional 14.5 M $1.2 B 0.02% 2025-12-31
Invesco Ltd. Institutional 10.83 M $894.01 M 0.01% 2025-12-31
Morgan Stanley Institutional 8.31 M $686.01 M 0.01% 2025-12-31