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FTNT * logo

Fortinet BMV:FTNT * Stock Report

Last Price

Mex$1.83k

Market Cap

Mex$1.4t

7D

-6.3%

1Y

99.6%

Updated

21 Nov, 2024

Data

Company Financials +

FTNT * Stock Overview

Provides cybersecurity and convergence of networking and security solutions worldwide. More details

FTNT * fundamental analysis
Snowflake Score
Valuation2/6
Future Growth3/6
Past Performance5/6
Financial Health5/6
Dividends0/6

Fortinet, Inc. Competitors

Price History & Performance

Summary of all time highs, changes and price drops for Fortinet
Historical stock prices
Current Share PriceUS$1,826.00
52 Week HighUS$2,049.00
52 Week LowUS$886.00
Beta1.0
11 Month Change12.65%
3 Month Change25.76%
1 Year Change99.56%
33 Year Change28.88%
5 Year Change417.28%
Change since IPO417.28%

Recent News & Updates

Recent updates

Shareholder Returns

FTNT *MX SoftwareMX Market
7D-6.3%0%0%
1Y99.6%0%0%

Return vs Industry: FTNT * exceeded the MX Software industry which returned 23.1% over the past year.

Return vs Market: FTNT * exceeded the MX Market which returned -4% over the past year.

Price Volatility

Is FTNT *'s price volatile compared to industry and market?
FTNT * volatility
FTNT * Average Weekly Movement5.7%
Software Industry Average Movement0%
Market Average Movement0%
10% most volatile stocks in MX Market0%
10% least volatile stocks in MX Market0%

Stable Share Price: FTNT *'s share price has been volatile over the past 3 months compared to the MX market.

Volatility Over Time: FTNT *'s weekly volatility (6%) has been stable over the past year, but is still higher than 75% of MX stocks.

About the Company

FoundedEmployeesCEOWebsite
200013,986Ken Xiewww.fortinet.com

Fortinet, Inc. provides cybersecurity and convergence of networking and security solutions worldwide. It offers secure networking solutions focus on the convergence of networking and security; network firewall solutions that consist of FortiGate data centers, hyperscale, and distributed firewalls, as well as encrypted applications; wireless LAN solutions; and secure connectivity solutions, including FortiSwitch secure ethernet switches, FortiAP wireless local area network access points, FortiExtender 5G connectivity gateways, and other products. The company also provides the Fortinet Unified SASE solutions that include firewall, SD-WAN, Secure web gateway, cloud access services broker, data loss prevention, zero trust network access, and cloud security, including web application firewalls, virtualized firewalls, and cloud-native firewalls.

Fortinet, Inc. Fundamentals Summary

How do Fortinet's earnings and revenue compare to its market cap?
FTNT * fundamental statistics
Market capMex$1.44t
Earnings (TTM)Mex$31.08b
Revenue (TTM)Mex$116.02b

46.3x

P/E Ratio

12.4x

P/S Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
FTNT * income statement (TTM)
RevenueUS$5.71b
Cost of RevenueUS$1.16b
Gross ProfitUS$4.55b
Other ExpensesUS$3.02b
EarningsUS$1.53b

Last Reported Earnings

Sep 30, 2024

Next Earnings Date

n/a

Earnings per share (EPS)2.00
Gross Margin79.71%
Net Profit Margin26.79%
Debt/Equity Ratio109.4%

How did FTNT * perform over the long term?

See historical performance and comparison