Fortinet
$178.72Change from previous close: −0.02%Absolute change: −$0.04
Valuation
Data as of October 2, 2026
Valuation multiples
- Market cap
- $131.13B
- Enterprise value
- $127.62B
- P/E (trailing 12 months)
- 63.4
- Forward P/E
- 47.3
- PEG
- 1.97
- Price/book
- 84.5
- Price/sales
- 17.4
- EV/EBITDA
- 49.2
- EV/revenue
- 17.0
Profitability and growth
- Gross margin
- 80.2%
- Operating margin
- 33.6%
- Net margin
- 28.2%
- ROE
- 117.4%
- ROA
- 14.2%
- Revenue growth (year over year)
- 25.6%
- Earnings growth (year over year)
- 43.9%
Financial health
- Total cash
- $4.07B
- Total debt
- $561.4M
- Debt/equity
- 0.36
- Current ratio
- 1.28
- Quick ratio
- 1.14
Dividends
- Payout ratio
- 0.0%
Analysts and estimates
- Average price target
- $164.32
- Median price target
- $165.00
- High price target
- $220.00
- Low price target
- $104.00
- Analysts with a price target
- 36
- Consensus
- Hold
- Forward EPS
- $3.78
- EPS estimate, current year
- $3.45
Shares and trading
- Beta
- 1.06
- Average volume
- 4.7M
- Shares outstanding
- 733.71M
- Float
- 618.91M
- Institutional ownership
- 71.5%
- Insider ownership
- 17.4%
- Short interest (% of float)
- 2.3%
- Short ratio (days)
- 3.24