Fortinet Future Growth
Future criteria checks 3/6
Fortinet is forecast to grow earnings and revenue by 10.4% and 12.2% per annum respectively. EPS is expected to grow by 9% per annum. Return on equity is forecast to be 35.5% in 3 years.
Key information
10.4%
Earnings growth rate
9.0%
EPS growth rate
Software earnings growth | 14.3% |
Revenue growth rate | 12.2% |
Future return on equity | 35.5% |
Analyst coverage | Good |
Last updated | 22 Nov 2024 |
Recent future growth updates
Recent updates
Earnings and Revenue Growth Forecasts
Date | Revenue | Earnings | Free Cash Flow | Cash from Op | Avg. No. Analysts |
---|---|---|---|---|---|
12/31/2026 | 7,498 | 1,924 | 2,572 | 2,956 | 29 |
12/31/2025 | 6,633 | 1,686 | 2,211 | 2,561 | 41 |
12/31/2024 | 5,891 | 1,629 | 1,889 | 2,263 | 40 |
9/30/2024 | 5,711 | 1,530 | 1,664 | 1,972 | N/A |
6/30/2024 | 5,537 | 1,313 | 1,573 | 1,915 | N/A |
3/31/2024 | 5,396 | 1,199 | 1,693 | 2,088 | N/A |
12/31/2023 | 5,305 | 1,148 | 1,731 | 1,936 | N/A |
9/30/2023 | 5,173 | 1,151 | 2,064 | 2,272 | N/A |
6/30/2023 | 4,988 | 1,059 | 1,978 | 2,204 | N/A |
3/31/2023 | 4,725 | 967 | 1,823 | 2,012 | N/A |
12/31/2022 | 4,417 | 857 | 1,449 | 1,731 | N/A |
9/30/2022 | 4,098 | 743 | 1,168 | 1,569 | N/A |
6/30/2022 | 3,816 | 674 | 1,102 | 1,485 | N/A |
3/31/2022 | 3,587 | 638 | 1,214 | 1,580 | N/A |
12/31/2021 | 3,342 | 607 | 1,204 | 1,500 | N/A |
9/30/2021 | 3,127 | 555 | 1,253 | 1,429 | N/A |
6/30/2021 | 2,911 | 515 | 1,108 | 1,251 | N/A |
3/31/2021 | 2,727 | 491 | 930 | 1,080 | N/A |
12/31/2020 | 2,594 | 489 | 958 | 1,084 | N/A |
9/30/2020 | 2,465 | 460 | 837 | 978 | N/A |
6/30/2020 | 2,362 | 417 | 855 | 978 | N/A |
3/31/2020 | 2,268 | 378 | 817 | 926 | N/A |
12/31/2019 | 2,163 | 332 | 716 | 808 | N/A |
9/30/2019 | 2,052 | 396 | 741 | 798 | N/A |
6/30/2019 | 1,958 | 375 | 696 | 753 | N/A |
3/31/2019 | 1,875 | 349 | 649 | 701 | N/A |
12/31/2018 | 1,805 | 335 | 586 | 639 | N/A |
9/30/2018 | 1,711 | 121 | 561 | 616 | N/A |
6/30/2018 | 1,631 | 89 | N/A | 602 | N/A |
3/31/2018 | 1,553 | 62 | N/A | 604 | N/A |
12/31/2017 | 1,495 | 31 | N/A | 594 | N/A |
9/30/2017 | 1,441 | 86 | N/A | 538 | N/A |
6/30/2017 | 1,383 | 65 | N/A | 452 | N/A |
3/31/2017 | 1,331 | 41 | N/A | 375 | N/A |
12/31/2016 | 1,275 | 32 | N/A | 346 | N/A |
9/30/2016 | 1,209 | 4 | N/A | 313 | N/A |
6/30/2016 | 1,153 | 6 | N/A | 302 | N/A |
3/31/2016 | 1,081 | 9 | N/A | 319 | N/A |
12/31/2015 | 1,009 | 8 | N/A | 283 | N/A |
9/30/2015 | 937 | 17 | N/A | 249 | N/A |
6/30/2015 | 870 | 13 | N/A | 241 | N/A |
3/31/2015 | 814 | 19 | N/A | 200 | N/A |
12/31/2014 | 770 | 25 | N/A | 197 | N/A |
9/30/2014 | 724 | 31 | N/A | 208 | N/A |
6/30/2014 | 685 | 38 | N/A | 177 | N/A |
3/31/2014 | 648 | 40 | N/A | 170 | N/A |
12/31/2013 | 615 | 44 | N/A | 147 | N/A |
Analyst Future Growth Forecasts
Earnings vs Savings Rate: 0IR9's forecast earnings growth (10.4% per year) is above the savings rate (2.1%).
Earnings vs Market: 0IR9's earnings (10.4% per year) are forecast to grow slower than the UK market (14.6% per year).
High Growth Earnings: 0IR9's earnings are forecast to grow, but not significantly.
Revenue vs Market: 0IR9's revenue (12.2% per year) is forecast to grow faster than the UK market (3.5% per year).
High Growth Revenue: 0IR9's revenue (12.2% per year) is forecast to grow slower than 20% per year.
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: 0IR9's Return on Equity is forecast to be high in 3 years time (35.5%)