Stocktoria
Fortinet, Inc. FTNT
Nasdaq · XNAS · stock · Computer Peripheral Equipment, NEC · website · IPO 2009-11-18
Fortinet, Inc. statistics & valuation
Market cap as of 2026-06-29. Multiples are price-derived and refreshed daily; everything else is from filings.
Key ratios (by fiscal year)
| Ratio | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 |
|---|---|---|---|---|---|
| Gross margin | 80.5% | 80.6% | 76.7% | 75.4% | 76.6% |
| Operating margin | 30.7% | 30.3% | 23.4% | 21.9% | 19.5% |
| Net margin | 27.3% | 29.3% | 21.6% | 19.4% | 18.2% |
| Return on assets | 17.8% | 17.9% | 15.8% | 13.8% | 10.3% |
| Return on equity | 149.8% | 116.8% | -247.7% | -304.4% | 76.0% |
| Debt / equity | 0.40× | 0.67× | -2.14× | -3.52× | 1.24× |
| Current ratio | 1.17 | 1.47 | 1.19 | 1.24 | 1.55 |
| Revenue growth | 14.2% | 12.3% | 20.1% | 32.2% | 28.8% |
Source: SEC EDGAR filings · CIK 0001262039 · as of 2025-12-31. Facts from filings plus Stocktoria's own computed scores — not investment advice.