company background image
FTNT * logo

Fortinet BMV:FTNT * Stock Report

Last Price

Mex$1.06k

Market Cap

Mex$810.9b

7D

-5.5%

1Y

-13.7%

Updated

23 Jun, 2024

Data

Company Financials +

Fortinet, Inc. Competitors

Price History & Performance

Summary of all time highs, changes and price drops for Fortinet
Historical stock prices
Current Share PriceUS$1,059.00
52 Week HighUS$1,350.00
52 Week LowUS$825.00
Beta0.98
11 Month Change3.32%
3 Month Change-6.82%
1 Year Change-13.73%
33 Year Change6.11%
5 Year Changen/a
Change since IPO200.00%

Recent News & Updates

Recent updates

Shareholder Returns

FTNT *MX SoftwareMX Market
7D-5.5%0%0%
1Y-13.7%0%0%

Return vs Industry: FTNT * underperformed the MX Software industry which returned 23.8% over the past year.

Return vs Market: FTNT * underperformed the MX Market which returned -1.4% over the past year.

Price Volatility

Is FTNT *'s price volatile compared to industry and market?
FTNT * volatility
FTNT * Average Weekly Movement5.6%
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 * has not had significant price volatility in the past 3 months.

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
200013,522Ken 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$810.89b
Earnings (TTM)Mex$21.74b
Revenue (TTM)Mex$97.80b

37.3x

P/E Ratio

8.3x

P/S Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
FTNT * income statement (TTM)
RevenueUS$5.40b
Cost of RevenueUS$1.23b
Gross ProfitUS$4.16b
Other ExpensesUS$2.96b
EarningsUS$1.20b

Last Reported Earnings

Mar 31, 2024

Next Earnings Date

n/a

Earnings per share (EPS)1.57
Gross Margin77.13%
Net Profit Margin22.23%
Debt/Equity Ratio-722.0%

How did FTNT * perform over the long term?

See historical performance and comparison
Simply Wall Street Pty Ltd (ACN 600 056 611), is a Corporate Authorised Representative (Authorised Representative Number: 467183) of Sanlam Private Wealth Pty Ltd (AFSL No. 337927). Any advice contained in this website is general advice only and has been prepared without considering your objectives, financial situation or needs. You should not rely on any advice and/or information contained in this website and before making any investment decision we recommend that you consider whether it is appropriate for your situation and seek appropriate financial, taxation and legal advice. Please read our Financial Services Guide before deciding whether to obtain financial services from us.