NASDAQ · Software - Infrastructure

FTNT (FTNT) Stock

$162.13 -5.15% NASDAQ: FTNT Technology

Valuation

MetricValue
Price$162.13
Market Cap$118.96B
P/E Ratio55.08
P/B Ratio74.74
P/S Ratio15.36
EPS (TTM)$2.43
52-Week High$173.43
52-Week Low$73.55
Dividend Yield0.00%

Financials & Margins

MetricValue
ROE187.95%
ROA19.53%
ROCE40.56%
Gross Margin30.62%
Operating Margin30.62%
Net Margin28.17%
Debt/Equity0.32
Current Ratio1.17

Annual Financials (USD)

Metric20212022202320242025
Revenue$3.3B$4.4B$5.3B$6.0B$6.8B
Operating Profit$650.0M$970.0M$1.2B$1.8B$2.1B
Net Profit$607.0M$857.0M$1.1B$1.7B$1.9B
EPS$0.73$1.06$1.46$2.26$2.43
Op Margin19.5%21.9%23.4%30.3%30.6%

Balance Sheet (USD)

Metric20212022202320242025
Total Assets$5.9B$6.2B$7.3B$9.8B$10.4B
Total Liabilities$5.1B$6.5B$7.7B$8.3B$9.2B
Cash$1.3B$1.7B$1.4B$2.9B$2.5B
Borrowings$988.0M$990.0M$992.0M$994.0M$996.0M

Latest News

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Cash Flow (USD)

Metric20212022202320242025
Operating Cash Flow$1.5B$1.7B$1.9B$2.3B$2.6B
Investing Cash Flow$-1.6B$483.0M$-853.0M$-1.1B$-964.0M
Financing Cash Flow$-913.0M$-2.2B$-1.6B$-113.0M$-2.4B
Net Cash Flow$257.0M$364.0M$-285.0M$1.5B$-381.0M
Free Cash Flow$1.2B$1.4B$1.7B$1.9B$2.2B

Valuation & Return Ratios

MetricValue
PEG Ratio4.22
EV / EBITDA39.11
FCF Yield2.70%
Quick Ratio1.19
Interest Coverage135.60
Return 1Y109.36%
Return 3Y173.79%
Return 5Y180.43%

Ownership

Insiders Held17.39%
Institutions Held72.25%
Institutions Float Held87.45%
Institutional HolderSharesReport Date
Blackrock Inc.61,968,7332026-03-31
Vanguard Capital Management LLC39,754,7782026-03-31
State Street Corporation28,929,6352026-03-31
Vanguard Portfolio Management LLC25,037,6872026-03-31
Geode Capital Management, LLC17,461,7772026-03-31

Peer Comparison

TickerPriceChangeP/EMarket CapDiv Yield
ADSK $248.44 -3.90% 33.59 $52.46B 0.00%
CRWV $81.39 -4.12% -23.07 $44.40B 0.00%
INFYInfosys Limited $10.78 +1.99% 12.99 $43.74B 4.60%
MSI $491.48 +1.27% 37.85 $81.58B 1.00%
MSTR $127.76 -3.89% -1.33 $42.27B 0.00%

About FTNT

FTNT is led by CEO Ken Xie, employs 14,556 people, headquartered in Sunnyvale, US, publicly traded since 2009.

FTNT stock trades at $162.13 with a market capitalization of $118.96B. The stock is valued at a price-to-earnings (P/E) ratio of 55.08, price-to-book of 74.74, price-to-sales of 15.36. Over the past 52 weeks the stock has ranged between $73.55 and $173.43, and currently trades 6.5% below its 52-week high.

On profitability, FTNT generates a return on equity (ROE) of 187.95% — well above the market average, a sign of a high-quality business, return on capital employed of 40.56%, an operating margin of 30.62%, a net profit margin of 28.17%.

In its most recent fiscal year, FTNT reported annual revenue of $6.8B, net profit of $1.9B, revenue has compounded at 21.3% a year over the last five years, profit at 30.5% a year. Profit growing faster than revenue points to expanding margins.

The balance sheet shows a debt-to-equity ratio of 0.32 — a conservative balance sheet with little leverage risk, a current ratio of 1.17, total assets of $10.4B, $2.5B in cash and equivalents.

FTNT has a beta of 1.06.

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