Fortinet, Inc.

Fortinet, Inc.verified

FTNT

Price:

$85.18

Market Cap:

$65.07B

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 PE Ratio as of December 2025 (TTM) for Fortinet, Inc. (FTNT) is 35.05

According to Fortinet, Inc.’s latest financial reports and current stock price. The company's current PE Ratio is 35.05. This represents a change of -10.68% compared to the average of 39.24 of the last 4 quarters.

Fortinet, Inc. (FTNT) Historical PE Ratio (quarterly & annually)

How has FTNT PE Ratio performed in the past?

The mean historical PE Ratio of Fortinet, Inc. over the last ten years is 143.19. The current 35.05 PE Ratio has changed 2.35% with respect to the historical average. Over the past ten years (40 quarters), FTNT's PE Ratio was at its highest in in the March 2016 quarter at 621.34. The PE Ratio was at its lowest in in the June 2016 quarter at -979.39.

Quarterly (TTM)
Annual

Average

143.19

Median

52.48

Minimum

35.57

Maximum

664.52

Fortinet, Inc. (FTNT) PE Ratio by Quarter and Year

Discovering the peaks and valleys of Fortinet, Inc. PE Ratio, 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 = 235.38%

Maximum Annual PE Ratio = 664.52

Minimum Annual Increase = -85.34%

Minimum Annual PE Ratio = 35.57

Quarterly (TTM)
Annual
YearPE RatioChange
202441.384.23%
202339.70-12.03%
202245.13-53.31%
202196.6693.58%
202049.93-9.27%
201955.0354.71%
201835.57-85.34%
2017242.6050.36%
2016161.34-75.72%
2015664.52235.38%

Fortinet, Inc. (FTNT) Average PE Ratio

How has FTNT PE Ratio performed in the past?

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

3-year avg

42.07

5-year avg

54.56

10-year avg

143.19

Fortinet, Inc. (FTNT) PE Ratio vs. Peers

How is FTNT’s PE Ratio compared to its peers?

Fortinet, Inc.’s PE Ratio is greater than CoreWeave, Inc. Class A Common Stock (-63.55), greater than Motorola Solutions, Inc. (29.25), less than Autodesk, Inc. (58.64), greater than Infosys Limited (22.81), less than Synopsys, Inc. (37.18), less than TE Connectivity Ltd. (37.38), less than Workday, Inc. (89.88), greater than MicroStrategy Incorporated (-75.46), greater than Block, Inc. (12.10), greater than Seagate Technology Holdings plc (33.03),

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