Fortinet, Inc.

Fortinet, Inc.verified

FTNT

Price:

$78.8

Market Cap:

$60.27B

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 -2201.01%

According to Fortinet, Inc.’s latest financial reports and current stock price. The company's current ROE is -2201.01%. This represents a change of -3213.36% compared to the average of 70.70% 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 -2201.01% ROE has changed 6.26% 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 less than CrowdStrike Holdings, Inc. (7.00%), less than Okta, Inc. (-2.29%), less than Cloudflare, Inc. (-12.99%), less than MongoDB, Inc. (-18.84%), less than Palo Alto Networks, Inc. (63.78%), less than Splunk Inc. (141.70%), less than Adobe Inc. (34.94%), less than Palantir Technologies Inc. (11.17%), less than Zscaler, Inc. (-5.58%), less than UiPath Inc. (-5.74%),

CompanyROEMarket cap
7.00%$74.31B
-2.29%$11.89B
-12.99%$29.92B
-18.84%$20.08B
63.78%$118.67B
141.70%$26.44B
34.94%$212.53B
11.17%$89.81B
-5.58%$27.84B
-5.74%$6.91B

Build a custom stock screener for Fortinet, Inc. (FTNT) and other stocks

One of the best ways to find valuable stocks to invest in is to build a custom made screener in your Excel or Google Sheets spreadsheet. This allows you to compare thousands of companies like Fortinet, Inc. using the financials and key metrics that matter to you in a single view.

The easiest way to set this up is to use the Wisesheets add-on and set your spreadsheet like this:

Custom stock screener in Wisesheets

Covering all these metrics from financial, data, dividend data, key metrics and more you can get all the data you want for over 50+ exchanges worldwide.

Get your free trial here.

Fortinet, Inc. (FTNT) and other stocks custom spreadsheet templates

The easiest way to analyze a company like Fortinet, Inc. or any others is to create a spreadsheet model that automatically retrieves all of the stock data you need.

Using Wisesheets you can set up a spreadsheet model like this with simple spreadsheet formulas. If you change the ticker you can get all of the data automatically updated for you.

Custom stock templates in Wisesheets

Whether you need live data, historical price data, financials, dividend data, key metrics, analyst estimates, or anything else...Wisesheets has you covered.

Frequently asked questions❓

What is the ROE?

How can you use the ROE?

What is Fortinet, Inc.'s ROE?

How is the ROE calculated for Fortinet, Inc. (FTNT)?

What is the highest ROE for Fortinet, Inc. (FTNT)?

What is the 3-year average ROE for Fortinet, Inc. (FTNT)?

What is the 5-year average ROE for Fortinet, Inc. (FTNT)?

How does the current ROE for Fortinet, Inc. (FTNT) compare to its historical average?