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NASDAQ · FTNTSoftware - InfrastructureUpdated Nov 2, 2026

Fortinet, Inc. enterprise value

Company valuation, historical trends, and peer comparisons.

The Enterprise Value as of November 2026 (TTM) for Fortinet, Inc. (FTNT) is 92.69B

According to Fortinet, Inc.’s latest financial reports and current stock price. The company's current Enterprise Value is 92.69B. This represents a change of 4.51% compared to the average of 88.69B of the last 4 quarters.

Fortinet, Inc. (FTNT) Historical Enterprise Value (quarterly & annually)

How has FTNT Enterprise Value performed in the past?

The mean historical Enterprise Value of Fortinet, Inc. over the last ten years is 33.18B. The current 92.69B Enterprise Value has changed 179.37% with respect to the historical average. Over the past ten years (40 quarters), FTNT's Enterprise Value was at its highest in in the September 2026 quarter at 127.99B. The Enterprise Value was at its lowest in in the December 2016 quarter at 4.54B.

Quarterly (TTM)
Annual

Average

33.18B

Median

30.66B

Minimum

4.49B

Maximum

70.34B

Fortinet, Inc. (FTNT) Enterprise Value by Quarter and Year

Discovering the peaks and valleys of Fortinet, Inc. Enterprise Value, 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 = 149.99%

Maximum Annual Enterprise Value = 70.34B

Minimum Annual Increase = -34.85%

Minimum Annual Enterprise Value = 4.49B

Quarterly (TTM)
Annual
YearEnterprise ValueChange
202557.51B-18.24%
202470.34B55.73%
202345.17B18.86%
202238.00B-34.85%
202158.32B149.99%
202023.33B36.98%
201917.03B57.69%
201810.80B58.68%
20176.81B51.72%
20164.49B-5.83%

Fortinet, Inc. (FTNT) Average Enterprise Value

How has FTNT Enterprise Value performed in the past?

The current Enterprise Value 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

57.67B

5-year avg

53.87B

10-year avg

33.18B

Fortinet, Inc. (FTNT) Enterprise Value vs. Peers

How is FTNT’s Enterprise Value compared to its peers?

Fortinet, Inc.’s Enterprise Value is less than Palo Alto Networks, Inc. (293.98B), greater than Check Point Software Technologies Ltd. (16.22B), greater than Zscaler, Inc. (38.41B), less than CrowdStrike Holdings, Inc. (245.18B), less than Cloudflare, Inc. (96.69B), less than Trend Micro Incorporated (714.34B), greater than SentinelOne, Inc. (8.04B), greater than Qualys, Inc. (7.30B), greater than Akamai Technologies, Inc. (20.94B), greater than F5, Inc. (16.97B),

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Frequently asked questions❓

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