Equities
TechnologySoftware & Computer Services
  • Price (USD)127.80
  • Today's Change1.71 / 1.36%
  • Shares traded616.52k
  • 1 Year change23.39%
  • Beta1.0605
Data delayed at least 15 minutes, as of Dec 04 2020 21:15 GMT.
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About the company

Fortinet, Inc. is a network security company. The Company provides cyber security solutions to a range of enterprises, service providers and government organizations across the world. Its network security solution consists of FortiGate physical, virtual machine and cloud platforms, which provide integrated security and networking functions to protect data, applications and users from network-and content-level security threats. The Company's product offerings consist of its FortiGate product family, along with its FortiManager central management and FortiAnalyzer central logging and reporting product families. Its cybersecurity platform includes a range of products, which include its FortiMail e-mail security, FortiSandbox advanced threat protection (ATP), FortiWeb Web application firewall, FortiDDos and FortiDB database security appliances, as well as its FortiClient endpoint security software, FortiAP secure wireless access points and FortiSwitch secure switch connectivity products.

  • Revenue in USD (TTM)2.46bn
  • Net income in USD452.60m
  • Incorporated2000
  • Employees8.08k
  • Location
    Fortinet Inc899 Kifer RdSUNNYVALE 94086-5205United StatesUSA
  • Phone+1 (408) 235-7700
  • Fax+1 (408) 235-7737
  • Websitehttps://www.fortinet.com/
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Mergers & acquisitions

Acquired companyDeal statusDateDate /
Deal status
FTNT:NSQ since
announced
Transaction
value
OPAQ Networks IncDeal completed20 Jul 202020 Jul 2020Deal completed-1.02%--
Cybersponse IncDeal completed12 Dec 201912 Dec 2019Deal completed22.72%--
Data delayed at least 15 minutes, as of Dec 04 2020 21:15 GMT.

Peer analysis

Key Information
CompanyRevenue (TTM)Net income (TTM)Market capEmployeesPrice/earnings (TTM)Price/book value (MRQ)Price/cash flow (TTM)Price/sales (TTM)EPS (excl. extraordinary items, TTM)EPS (incl. extraordinary items, TTM)Revenue per share (TTM)Book value per share (MRQ)Asset turnover (TTM)Inventory turnover (TTM)Receivables turnover (TTM)Revenues per employee (TTM)Return on avg assets (TTM)Return on avg assets (5 yr avg)Return on investment (TTM)Return on investment (5 yr avg)Gross margin (TTM)Gross margin
(5 yr avg)
Net profit margin (TTM)Net Profit margin
(5 yr avg)
Quick ratio (MRQ)Interest coverage (TTM)Total debt to capital (MRQ)Payout ratio
(5 yr avg)
Revenue
(YOY change %)
Revenue
(5 yr growth rate)
Net income
(YOY change %)
Net income
(5 yr growth rate)
Capital expenditure
(5 yr growth rate)
Dividend
(5 yr growth rate)
Mongodb Inc501.57m-223.44m16.01bn1.81k--332.49--31.93-3.89-3.898.750.81810.4784--6.51276,654.20-21.31---27.00--70.7071.73-44.55-48.52---5.470.9539--57.9459.55-77.28------
Tyler Technologies, Inc.1.12bn187.52m16.84bn5.51k91.568.8762.7415.004.564.5627.2847.080.4936--3.16209,056.508.258.1910.6110.9148.6647.2816.7114.58----0.00--16.1617.120.593819.9835.09--
Akamai Technologies, Inc.3.12bn562.78m16.95bn7.72k30.494.1316.445.423.413.4118.9625.230.4504--5.45404,451.708.136.928.997.8565.2265.5818.0613.22--20.240.31510.006.608.0658.577.4412.02--
ZoomInfo Technologies Inc426.80m-49.60m17.74bn1.29k--47.47--41.56-0.2948-0.29481.590.95980.2401--5.66331,623.90-4.60---6.14--76.69---19.17----0.51830.4757--103.26---172.73------
HubSpot Inc817.15m-79.92m17.80bn3.98k--24.28--21.78-1.81-1.8118.5815.970.4872--9.52309,760.00-4.77-6.89-5.92-9.6480.9579.38-9.78-9.91---3.790.3928--31.5642.2515.80--35.06--
SS&C Technologies Holdings, Inc.4.67bn569.70m17.97bn22.80k32.743.3413.763.852.142.1417.5721.030.2972--6.98204,736.803.632.244.102.5344.7543.6412.207.83--3.500.559734.3535.4243.26324.9027.3147.6946.72
CDW Corp18.05bn735.80m18.77bn9.90k25.8915.1316.261.045.075.07124.348.672.1323.875.851,823,051.008.697.6114.9411.5917.2116.684.083.501.337.400.760421.2611.038.3514.9324.6433.8545.35
Fortinet Inc2.46bn452.60m20.47bn8.08k47.3128.6939.338.332.672.6814.454.390.68934.655.28347,063.0012.696.9121.8411.5277.8974.5918.4110.651.37--0.000.0019.7122.86-11.0766.5123.42--
Take-Two Interactive Software Inc3.36bn474.19m20.79bn5.80k43.727.1628.296.184.134.1329.3025.240.631552.603.69579,848.608.905.6515.7110.6148.2146.0014.109.101.68--0.000.0015.7623.3222.83--1.52--
StoneCo Ltd-100.00bn-100.00bn21.96bn5.94k--7.00----------10.16----------------------------0.2874--63.12--166.54------
Coupa Software Inc458.37m-108.30m21.97bn1.69k--51.42--47.94-1.66-1.667.056.210.2439--4.95270,744.80-5.76-10.67-9.01-17.7563.2065.78-23.63-25.98---1.260.7735--49.6850.28-63.59--38.25--
Cerner Corporation5.55bn792.91m22.65bn27.40k28.895.1415.204.082.562.5617.8814.380.776750.134.68202,664.0011.0910.1613.0011.8182.4382.7214.2812.022.28--0.23275.606.0810.84-15.970.152610.79--
Verisign, Inc.1.26bn805.90m22.91bn872.0028.97--26.8818.256.936.9310.80-12.130.6877--239.151,439,577.0044.1523.8094.1457.9485.6183.5464.2046.78--10.594.44--1.374.0549.5119.380.498--
Slack Technologies Inc833.92m-307.46m24.50bn2.51k--28.59--29.38-0.5477-0.54771.481.490.477--8.03407,782.40-17.18---24.08--86.70---36.01------0.4222--57.39---305.92------
Zscaler Inc480.26m-153.05m24.90bn2.02k--50.61--51.85-1.16-1.163.673.670.3859--5.44237,751.00-12.30-10.15-16.94-16.1877.5378.69-31.87-21.26---9.530.6399--42.4151.69-301.73--50.52--
Paycom Software Inc813.90m164.45m25.07bn3.77k151.8239.03116.4330.802.822.8213.9610.980.3992146.94108.78216,174.208.077.9821.4932.0885.3484.1920.2123.231.09--0.04720.0030.2537.3531.8499.8445.46--
Data as of Dec 04 2020. Currency figures normalised to Fortinet Inc's reporting currency: US Dollar USD

Institutional shareholders

31.39%Per cent of shares held by top holders
HolderShares% Held
The Vanguard Group, Inc.as of 30 Sep 202015.49m9.57%
BlackRock Fund Advisorsas of 30 Sep 20207.69m4.75%
SSgA Funds Management, Inc.as of 30 Sep 20205.47m3.38%
Columbia Management Investment Advisers LLCas of 30 Sep 20204.73m2.93%
Renaissance Technologies LLCas of 30 Sep 20204.64m2.87%
AllianceBernstein LPas of 30 Sep 20203.90m2.41%
Fidelity Management & Research Co. LLCas of 30 Sep 20202.68m1.66%
Geode Capital Management LLCas of 30 Sep 20202.59m1.60%
Whale Rock Capital Management LLCas of 30 Sep 20201.95m1.21%
Norges Bank Investment Managementas of 31 Dec 20191.64m1.01%
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Data from 31 Dec 2019 - 30 Sep 2020Source: FactSet Research Systems Inc.
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