Fortinet, Inc.

Fortinet, Inc. - PE Ratioverified

FTNT

Price:

$144.73

Market Cap:

$106.04B

Fortinet, Inc. specializes in delivering extensive, unified, and automated cybersecurity solutions to a global clientele, encompassing the Americas, Europe, the Middle East, Africa, and the Asia Pacific regions. At its core, the company offers FortiGate, a powerful platform combining hardware and software licenses that provides a comprehensive suite of security and networking functionalities. This includes firewall capabilities, intrusion prevention, anti-malware defense, virtual private network (VPN) services, application control, web filtering, anti-spam measures, and wide area network (WAN) acceleration. Beyond its flagship product, Fortinet provides a diverse portfolio of specialized sec...[Read more]

Industry

Software - Infrastructure

IPO Date

2009-11-18

Stock Exchange

NASDAQ

Ticker

FTNT

The PE Ratio as of June 2026 (TTM) for Fortinet, Inc. (FTNT) is 56.32

According to Fortinet, Inc.’s latest financial reports and current stock price. The company's current PE Ratio is 56.32. This represents a change of 64.07% compared to the average of 34.33 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 79.78. The current 56.32 PE Ratio has changed 6.96% with respect to the historical average. Over the past ten years (40 quarters), FTNT's PE Ratio was at its highest in in the September 2016 quarter at 230.94. The PE Ratio was at its lowest in in the June 2016 quarter at -987.50.

Quarterly (TTM)
Annual

Average

79.78

Median

47.39

Minimum

32.55

Maximum

242.78

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 = 96.17%

Maximum Annual PE Ratio = 242.78

Minimum Annual Increase = -85.12%

Minimum Annual PE Ratio = 32.55

Quarterly (TTM)
Annual
YearPE RatioChange
202532.55-21.46%
202441.444.07%
202339.82-12.04%
202245.27-53.40%
202197.1496.17%
202049.52-9.55%
201954.7451.53%
201836.13-85.12%
2017242.7853.25%
2016158.42-74.57%

Fortinet, Inc. (FTNT) Average PE Ratio

How has FTNT PE Ratio performed in the past?

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

3-year avg

37.93

5-year avg

51.24

10-year avg

79.78

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 (-37.93), greater than Motorola Solutions, Inc. (31.46), greater than Autodesk, Inc. (28.09), greater than Infosys Limited (13.58), less than Synopsys, Inc. (103.06), greater than TE Connectivity Ltd. (21.94), greater than Workday, Inc. (35.05), greater than Strategy Inc (-3.16), greater than Block, Inc. (55.37), less than Seagate Technology Holdings plc (97.21),

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