Fortinet, Inc.

Fortinet, Inc.verified

FTNT

Price:

$92.79

Market Cap:

$71.12B

Fortinet, Inc. provides broad, integrated, and automated cybersecurity solutions in the Americas, Europe, the Middle East, Africa, and the Asia Pacific. It offers FortiGate hardware and software licenses that provide various security and networking functions, including firewall, intrusion prevention, anti-malware, virtual private network, application control, web filtering, anti-spam, and wide area network acceleration. The company also provides FortiSwitch product family that offers secure switching solutions for connecting customers their end devices; FortiAP product family, which provides secure wireless networking solutions; FortiExtender, a hardware appliance; FortiAnalyzer product fami...[Read more]

Industry

Software - Infrastructure

IPO Date

2009-11-18

Stock Exchange

NASDAQ

Ticker

FTNT

The ROE as of November 2024 (TTM) for Fortinet, Inc. (FTNT) is 1.03%

According to Fortinet, Inc.’s latest financial reports and current stock price. The company's current ROE is 1.03%. This represents a change of -4495.82% compared to the average of -23.38% of the last 4 quarters.

Fortinet, Inc. (FTNT) Historical ROE (quarterly & annually)

How has FTNT ROE performed in the past?

The mean historical ROE of Fortinet, Inc. over the last ten years is -34.59%. The current 1.03% ROE has changed -3071.62% with respect to the historical average. Over the past ten years (40 quarters), FTNT's ROE was at its highest in in the March 2023 quarter at 2.17%. The ROE was at its lowest in in the March 2024 quarter at -217.67%.

Quarterly (TTM)
Annual

Average

-34.59%

Median

4.58%

Minimum

-304.44%

Maximum

77.63%

Fortinet, Inc. (FTNT) ROE by Quarter and Year

Discovering the peaks and valleys of Fortinet, Inc. ROE, unveiling quarterly and yearly fluctuations to gain insights into the company’s financial performance and market dynamics, offering valuable data for investors and analysts alike.

Maximum Annual Increase = 517.26%

Maximum Annual ROE = 77.63%

Minimum Annual Increase = -492.19%

Minimum Annual ROE = -304.44%

Quarterly (TTM)
Annual
YearROEChange
2023-247.69%-18.64%
2022-304.44%-492.19%
202177.63%36.02%
202057.07%131.05%
201924.70%-24.89%
201832.88%517.26%
20175.33%38.65%
20163.84%263.40%
20151.06%-71.80%
20143.75%-50.40%

Fortinet, Inc. (FTNT) Average ROE

How has FTNT ROE performed in the past?

The current ROE of Fortinet, Inc. (FTNT) is greater than its 3-year, greater than its 5-year, and greater than its 10-year historical averages

3-year avg

-158.17%

5-year avg

-78.55%

10-year avg

-34.59%

Fortinet, Inc. (FTNT) ROE vs. Peers

How is FTNT’s ROE compared to its peers?

Fortinet, Inc.’s ROE is greater than CrowdStrike Holdings, Inc. (7.00%), greater than Okta, Inc. (-2.29%), greater than Cloudflare, Inc. (-10.99%), greater than MongoDB, Inc. (-18.84%), less than Palo Alto Networks, Inc. (54.94%), less than Splunk Inc. (153.30%), less than Adobe Inc. (34.94%), less than Palantir Technologies Inc. (12.07%), greater than Zscaler, Inc. (-5.58%), greater than UiPath Inc. (-5.74%),

CompanyROEMarket cap
7.00%$90.69B
-2.29%$12.44B
-10.99%$35.75B
-18.84%$24.58B
54.94%$124.85B
153.30%$26.44B
34.94%$225.57B
12.07%$139.90B
-5.58%$31.98B
-5.74%$7.85B

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