Fortinet Inc
NASDAQ:FTNT

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Fortinet Inc
NASDAQ:FTNT
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Price: 92.91 USD -1.18%
Market Cap: 71.1B USD
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Fortinet Inc
Total Current Assets

Last Value
3-Years 3-Y CAGR
5-Years 5-Y CAGR
10-Years 10-Y CAGR
Quarterly
Annual
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Fortinet Inc
Total Current Assets Peer Comparison

Competitors Analysis
Latest Figures & CAGR of Competitors

Company Total Current Assets CAGR 3Y CAGR 5Y CAGR 10Y
Fortinet Inc
NASDAQ:FTNT
Total Current Assets
$5.2B
CAGR 3-Years
10%
CAGR 5-Years
16%
CAGR 10-Years
19%
Oracle Corp
NYSE:ORCL
Total Current Assets
$23.1B
CAGR 3-Years
-21%
CAGR 5-Years
-11%
CAGR 10-Years
-9%
ServiceNow Inc
NYSE:NOW
Total Current Assets
$7.7B
CAGR 3-Years
22%
CAGR 5-Years
27%
CAGR 10-Years
25%
Palo Alto Networks Inc
NASDAQ:PANW
Total Current Assets
$6.8B
CAGR 3-Years
14%
CAGR 5-Years
13%
CAGR 10-Years
22%
Microsoft Corp
NASDAQ:MSFT
Total Current Assets
$149.9B
CAGR 3-Years
-5%
CAGR 5-Years
-2%
CAGR 10-Years
3%
CrowdStrike Holdings Inc
NASDAQ:CRWD
Total Current Assets
$5.2B
CAGR 3-Years
32%
CAGR 5-Years
39%
CAGR 10-Years
N/A
No Stocks Found

Fortinet Inc
Glance View

Market Cap
70.9B USD
Industry
Technology

Fortinet Inc. is a leading cybersecurity company that has carved out a significant niche in protecting digital assets from evolving threats. Founded in 2000 by brothers Ken and Michael Xie, Fortinet's innovative approach combines high-performance hardware and software solutions to deliver comprehensive security services for enterprises of all sizes. The company’s flagship product, FortiGate, is a next-generation firewall that seamlessly integrates intrusion prevention, VPN, and antivirus capabilities. With the rise of remote work and an increasingly interconnected world, Fortinet's solutions have become essential for businesses looking to safeguard sensitive data against cybercriminals who exploit vulnerabilities in network infrastructures. As cyber threats continue to escalate, Fortinet's market opportunity grows, placing it at the forefront of the cybersecurity landscape. From an investment perspective, Fortinet is a company that demonstrates a strong commitment to growth and customer satisfaction, evidenced by its rapidly expanding client base and impressive financial performance. In recent years, Fortinet has consistently reported double-digit revenue growth, driven by increased demand for its comprehensive security solutions amid the global shift to digitization. Moreover, the company's dedication to innovation is reflected in its robust research and development investments, which enable it to stay ahead in a competitive industry. With a solid balance sheet and a strategic focus on enhancing its product offerings through machine learning and artificial intelligence, Fortinet presents an attractive opportunity for investors looking to venture into the dynamic cybersecurity sector.

FTNT Intrinsic Value
58.66 USD
Overvaluation 37%
Intrinsic Value
Price

See Also

What is Fortinet Inc's Total Current Assets?
Total Current Assets
5.2B USD

Based on the financial report for Sep 30, 2024, Fortinet Inc's Total Current Assets amounts to 5.2B USD.

What is Fortinet Inc's Total Current Assets growth rate?
Total Current Assets CAGR 10Y
19%

Over the last year, the Total Current Assets growth was 10%. The average annual Total Current Assets growth rates for Fortinet Inc have been 10% over the past three years , 16% over the past five years , and 19% over the past ten years .

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