FTNT — Fortinet Inc. price, chart and key statistics

Price data

Price

$185.00

YTD price return

+132.97%

YTD total return

+132.97%

Next earnings

Oct 28, 2026 · After close

Market cap

135.7B2016-12 5.2B2026-10 135.7B+2503.4% over the window

Enterprise value

133.4B

Shares outstanding

733.7M2016-06 863.4M2026-06 733.7M-15.0% over the window

52W low

$73.55

52W high

$197.13

From 52W high

-6.15%

From 52W low

+151.53%

52W range

90%

Beta

1.05

Volume

Rel volume

0.92×

30D volume

3.9M

30D $ vol

692.8M

Insider trading

Insider net 1WNo open-market insider purchase or sale with a transaction date in the last 7 days, as filed on Form 4.

none

Insider net 1MNo open-market insider purchase or sale with a transaction date in the last 30 days, as filed on Form 4.

none

Insider net 3M0 insider-days of buying (no priced lot) and 6 of selling ($36.2M) in the last 91 days, by transaction date, open-market transactions only — awards, exercises, tax withholding and employee-plan purchases are not counted. A Form 4 is filed within two business days of the trade, so the newest days may not be in yet.

−$36.2M

Insider net 1Y0 insider-days of buying (no priced lot) and 19 of selling ($122.2M) in the last 365 days, by transaction date, open-market transactions only — awards, exercises, tax withholding and employee-plan purchases are not counted. A Form 4 is filed within two business days of the trade, so the newest days may not be in yet.

−$122.2M

Form 4 transactions by trade date, as filed; latest on file 2026-09-24.

Fundamentals

Sales (ttm)

7.5B2016-06 1.2B2026-06 7.5B+553.1% over the window

Sales/share

$10.262016-06 $1.332026-06 $10.26+668.6% over the window

EPS (ttm)

$2.842016-06 $0.012026-06 $2.84+38938.5% over the window

Book value/share

$2.112016-06 $0.932026-06 $2.11+126.9% over the window

Net margin

28.17%2016-06 0.6%2026-06 28.2%+5001.5% over the window

ROE

136.72%2016-06 0.8%2026-06 136.7%+17183.6% over the window

ROA

19.53%2016-06 0.3%2026-06 19.5%+5914.2% over the window

Debt / equity

0.32×2020-12 0.002026-06 0.32

Current ratio

1.282016-06 1.852026-06 1.28-30.7% over the window

Growth (CAGR, ttm) · 10Y

Sales

+18.78%2025-06-30 → 2026-06-306.3B → 7.5B (+18.8% total)+14.70%2023-06-30 → 2026-06-305B → 7.5B (+50.9% total)+20.93%2021-06-30 → 2026-06-302.9B → 7.5B (+158.6% total)+20.64%2016-06-30 → 2026-06-301.2B → 7.5B (+553.1% total)

Net income

+9.34%2025-06-30 → 2026-06-301.9B → 2.1B (+9.3% total)+26.02%2023-06-30 → 2026-06-301.1B → 2.1B (+100.2% total)+32.73%2021-06-30 → 2026-06-30514.8M → 2.1B (+311.9% total)+78.77%2016-06-30 → 2026-06-306.4M → 2.1B (+33218.1% total)

FCF

+18.46%2024-12-31 → 2025-12-311.9B → 2.2B (+18.4% total)+15.37%2022-12-31 → 2025-12-311.4B → 2.2B (+53.6% total)+18.37%2020-12-31 → 2025-12-31957.8M → 2.2B (+132.4% total)+24.68%2015-12-31 → 2025-12-31245.2M → 2.2B (+807.8% total)

Shares

-4.25%2025-06-30 → 2026-06-30766.3M → 733.7M (-4.2% total)-2.24%2023-06-30 → 2026-06-30785.3M → 733.7M (-6.6% total)-2.12%2021-06-30 → 2026-06-30816.6M → 733.7M (-10.2% total)-1.62%2016-06-30 → 2026-06-30863.4M → 733.7M (-15.0% total)

Per-share growth (CAGR, ttm) · 10Y

EPS

+13.18%2025-06-30 → 2026-06-30$2.51 → $2.84 (+13.2% total)+28.61%2023-06-30 → 2026-06-30$1.33 → $2.84 (+112.8% total)+35.55%2021-06-30 → 2026-06-30$0.62 → $2.84 (+357.5% total)+81.63%2016-06-30 → 2026-06-30$0.01 → $2.84 (+38938.5% total)

Sales/share

+24.06%2025-06-30 → 2026-06-30$8.27 → $10.26 (+24.0% total)+17.33%2023-06-30 → 2026-06-30$6.35 → $10.26 (+61.5% total)+23.55%2021-06-30 → 2026-06-30$3.56 → $10.26 (+187.8% total)+22.63%2016-06-30 → 2026-06-30$1.33 → $10.26 (+668.6% total)

FCF/share

+23.11%2024-12-31 → 2025-12-31$2.44 → $3.01 (+23.1% total)+17.62%2022-12-31 → 2025-12-31$1.85 → $3.01 (+62.7% total)+20.71%2020-12-31 → 2025-12-31$1.17 → $3.01 (+156.3% total)+26.54%2015-12-31 → 2025-12-31$0.29 → $3.01 (+952.7% total)

Book value/share

-21.39%2025-06-30 → 2026-06-30$2.69 → $2.11 (-21.4% total)+72.88%2023-06-30 → 2026-06-30$0.41 → $2.11 (+416.9% total)+10.45%2021-06-30 → 2026-06-30$1.29 → $2.11 (+64.4% total)+8.54%2016-06-30 → 2026-06-30$0.93 → $2.11 (+126.9% total)

Price

+117.02%2025-10-27 → 2026-10-27$85.29 → $185.00 (+116.9% total)Price appreciation from split-adjusted daily closes, excluding dividends; endpoints are exact trading-day anniversaries of the latest close.+48.69%2023-10-27 → 2026-10-27$56.26 → $185.00 (+228.8% total)Price appreciation from split-adjusted daily closes, excluding dividends; endpoints are exact trading-day anniversaries of the latest close.+23.61%2021-10-27 → 2026-10-27$64.12 → $185.00 (+188.5% total)Price appreciation from split-adjusted daily closes, excluding dividends; endpoints are exact trading-day anniversaries of the latest close.+40.81%2016-10-26 → 2026-10-27$6.04 → $185.00 (+2964.9% total)Price appreciation from split-adjusted daily closes, excluding dividends; endpoints are exact trading-day anniversaries of the latest close.

Total return

+117.02%2025-10-27 → 2026-10-27$85.29 → $185.00 (+116.9% total)Total return with dividends reinvested (adjusted daily closes); endpoints are exact trading-day anniversaries of the latest close. The gap against the Price row is the dividend contribution.+48.69%2023-10-27 → 2026-10-27$56.26 → $185.00 (+228.8% total)Total return with dividends reinvested (adjusted daily closes); endpoints are exact trading-day anniversaries of the latest close. The gap against the Price row is the dividend contribution.+23.61%2021-10-27 → 2026-10-27$64.12 → $185.00 (+188.5% total)Total return with dividends reinvested (adjusted daily closes); endpoints are exact trading-day anniversaries of the latest close. The gap against the Price row is the dividend contribution.+40.81%2016-10-26 → 2026-10-27$6.04 → $185.00 (+2964.9% total)Total return with dividends reinvested (adjusted daily closes); endpoints are exact trading-day anniversaries of the latest close. The gap against the Price row is the dividend contribution.

Fundamentals end at the last reported quarter; price and total return end at the latest close.

Valuation

P/E (ttm)Price ÷ TTM diluted EPS. Net income carries everything below the operating line, including one-off gains. Negative when the trailing year lost money.

65.2×2016-12 1161.572026-10 63.98-94.5% over the window

P/OI (ttm)Price ÷ TTM operating income. Excludes the below-the-line items that make P/E jump — mark-to-market gains, settlements, tax true-ups.

55.6×2016-12 490.862026-10 55.56-88.7% over the window

Fwd P/E

47.5×

P/S (ttm)Market cap ÷ TTM revenue.

18.0×2016-12 4.312026-10 18.03+318.2% over the window

P/B (mrq)Market cap ÷ stockholders' equity at the most recent quarter end.

87.5×2016-12 6.332026-10 87.48+1281.5% over the window

EV/EBITDA (fy)

51.3×

EV/Sales (ttm)

17.7×

Buyback yield (realized, 1y)1 − shares_at(2026-06-30) ÷ shares_at(2025-06-30) = 1 − 733.7M ÷ 766.3M. Point-in-time share counts from the company's own SEC filings (the same count at both ends), published only when the cash flow statement shows repurchases inside that window. A falling price can't inflate it; negative means net dilution.

4.25%

Shareholder yield (realized, 1y)Buyback leg + dividend leg: shares retired over the year (4.25%) + dividends paid over that year ($0) ÷ market_cap_at(2025-06-30) ($81B). Both legs are measured against the start of the window, so a payout can't shrink its own denominator.

4.25%

Buyback yield (cash, ttm)Buybacks net of issuance over the trailing twelve months ($2.8B) ÷ today's market cap ($135.7B). Dollars SPENT over what the company is worth NOW — a stock that fell after buying reads high.

2.05%2016-09 1.7%2026-06 2.5%+45.8% over the window

Shareholder yield (cash, ttm)(TTM buybacks net of issuance $2.8B + TTM dividends $0) ÷ today's market cap ($135.7B). Same caveat as the cash buyback yield.

2.05%2016-09 1.7%2026-06 2.5%+45.8% over the window

Vs own 10Y history

P/E

65th

P/OI

58th

P/S

99th

P/B

84th

P/FCF

54th