Equities
TechnologySoftware & Computer Services
  • Price (USD)146.35
  • Today's Change8.39 / 6.08%
  • Shares traded2.52m
  • 1 Year change86.31%
  • Beta0.9936
Data delayed at least 15 minutes, as of Jul 08 2020 21:00 BST.
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Profile data is unavailable for this security.

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)2.26bn
  • Net income in USD369.60m
  • Incorporated2000
  • Employees7.45k
  • 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
Cybersponse IncDeal completed12 Dec 201912 Dec 2019Deal completed40.53%--
enSilo IncDeal completed28 Oct 201928 Oct 2019Deal completed81.85%20.00m
Data delayed at least 15 minutes, as of Jul 08 2020 21:00 BST.

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)
Akamai Technologies, Inc.2.95bn494.05m18.28bn7.72k37.475.0019.366.193.013.0117.9622.520.4866--5.16382,109.108.176.929.077.8565.5965.5816.8013.22--27.710.33580.006.608.0658.577.4412.02--
Citrix Systems, Inc.3.15bn752.69m18.48bn8.40k26.19--22.705.865.715.7123.90-1.780.663822.685.33375,281.7015.858.5331.4814.2085.4484.9923.8816.680.770422.531.149.701.23-0.856424.1122.05-17.86--
Paycom Software Inc780.10m196.26m18.69bn3.77k95.0030.6677.4223.963.363.3613.3610.410.3568120.08131.17207,196.808.987.9828.2332.0885.8484.1925.1623.231.10--0.0510.0030.2537.3531.8499.8445.46--
Slack Technologies Inc697.25m-612.94m19.30bn2.05k--23.33--27.68-1.12-1.121.271.470.4193--7.86340,954.00-36.74---49.53--85.05---87.62------0.4245--57.39---305.92------
Coupa Software Inc427.59m-85.18m20.45bn1.69k--43.73--47.82-1.34-1.346.726.970.3789--5.48252,562.90-7.55-10.67-11.82-17.7563.8165.78-19.92-25.98---1.310.5956--49.6850.28-63.59--38.25--
Cerner Corporation5.71bn510.39m21.30bn27.40k43.485.5117.683.731.611.6117.9912.700.832145.094.95208,557.007.4310.168.6711.8181.2482.728.9312.021.90--0.25735.606.0810.84-15.970.152610.79--
Trade Desk Inc700.73m122.22m21.30bn1.31k181.8031.59145.9930.402.542.5414.5814.640.4918--0.8464534,909.208.587.9415.9620.5176.7877.3517.4416.12----0.1750.0038.5071.5122.89--89.60--
Palo Alto Networks Inc3.26bn-228.90m23.42bn8.05k--31.47--7.18-2.36-2.3633.717.720.5114--6.06465,326.50-3.59-4.01-5.43-6.1671.6172.37-7.01-7.92---6.390.6648--27.5337.1232.98--29.44--
Fortinet Inc2.26bn369.60m23.66bn7.45k69.2344.3754.6210.472.112.1312.933.300.70515.395.28319,189.5011.536.9120.4511.5376.9374.5916.3510.651.25--0.000.0019.7122.86-11.0766.5123.42--
Verisign, Inc.1.24bn783.89m24.36bn872.0031.66--29.3519.686.666.6610.48-12.180.6739--224.191,419,469.0042.6823.8088.2557.9485.4183.5463.3346.78--12.154.72--1.374.0549.5119.380.498--
Crowdstrike Holdings Inc563.41m-135.02m24.74bn2.58k--32.82--43.91-0.7995-0.79952.983.490.57--4.87244,007.80-13.66---24.17--71.74---23.97------0.00--92.70---1.22------
ANSYS, Inc.1.50bn410.63m25.84bn4.10k63.497.8554.5217.184.764.7617.4138.470.3808--4.97366,767.6010.4010.7111.9813.0087.9386.8727.3128.50----0.1140.0017.1810.126.9512.0311.55--
RingCentral Inc968.88m-107.97m25.87bn2.36k--52.75--26.70-1.26-1.2611.455.580.6829733.108.21410,021.60-7.61-3.90-9.38-5.3873.8275.01-11.14-3.593.16-2.770.68--34.0332.64-104.58--49.32--
Okta Inc643.70m-214.61m27.39bn2.38k--66.30--42.55-1.79-1.795.383.320.4241--6.62286,344.80-14.14-22.14-23.04-42.2873.1670.07-33.34-40.01---6.700.6965--46.7970.22-66.47--56.81--
Cadence Design Systems Inc2.38bn991.41m27.81bn8.10k28.1112.8924.8811.703.543.558.497.730.75315.518.24293,522.7031.4015.0342.4520.8288.6387.3441.7019.091.3228.270.24390.009.278.12187.1944.1513.38--
Datadog Inc423.98m-740.00k28.78bn1.40k--35.772,170.2267.88-0.0049-0.00491.402.690.6414--4.94302,193.90-0.1119---0.1539--77.24---0.1745------0.00--83.15---55.27------
Data as of Jul 08 2020. Currency figures normalised to Fortinet Inc's reporting currency: US Dollar USD

Institutional shareholders

32.78%Per cent of shares held by top holders
HolderShares% Held
The Vanguard Group, Inc.as of 31 Mar 202016.98m10.50%
BlackRock Fund Advisorsas of 31 Mar 20207.90m4.89%
Renaissance Technologies LLCas of 31 Mar 20206.06m3.75%
SSgA Funds Management, Inc.as of 31 Mar 20205.82m3.60%
Columbia Management Investment Advisers LLCas of 31 Mar 20205.57m3.44%
Whale Rock Capital Management LLCas of 31 Mar 20202.91m1.80%
Geode Capital Management LLCas of 31 Mar 20202.74m1.70%
Pictet Asset Management SAas of 31 Mar 20201.69m1.05%
Northern Trust Investments, Inc.(Investment Management)as of 31 Mar 20201.67m1.03%
Norges Bank Investment Managementas of 31 Dec 20191.64m1.02%
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Data from 31 Dec 2019 - 31 Mar 2020Source: FactSet Research Systems Inc.
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