Fortinet Inc
NASDAQ:FTNT

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Fortinet Inc
NASDAQ:FTNT
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Price: 97.19 USD 2.47% Market Closed
Market Cap: 74.5B USD
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Fortinet Inc
Depreciation & Amortization

Last Value
3-Years 3-Y CAGR
5-Years 5-Y CAGR
10-Years 10-Y CAGR
Quarterly
Annual
TTM
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Fortinet Inc
Depreciation & Amortization Peer Comparison

Competitors Analysis
Latest Figures & CAGR of Competitors

Company Depreciation & Amortization CAGR 3Y CAGR 5Y CAGR 10Y
Fortinet Inc
NASDAQ:FTNT
Depreciation & Amortization
$117.8m
CAGR 3-Years
16%
CAGR 5-Years
14%
CAGR 10-Years
19%
Oracle Corp
NYSE:ORCL
Depreciation & Amortization
$6B
CAGR 3-Years
26%
CAGR 5-Years
15%
CAGR 10-Years
8%
ServiceNow Inc
NYSE:NOW
Depreciation & Amortization
$564m
CAGR 3-Years
9%
CAGR 5-Years
20%
CAGR 10-Years
31%
Palo Alto Networks Inc
NASDAQ:PANW
Depreciation & Amortization
$302.9m
CAGR 3-Years
4%
CAGR 5-Years
13%
CAGR 10-Years
30%
Microsoft Corp
NASDAQ:MSFT
Depreciation & Amortization
$25.7B
CAGR 3-Years
28%
CAGR 5-Years
17%
CAGR 10-Years
16%
CrowdStrike Holdings Inc
NASDAQ:CRWD
Depreciation & Amortization
$198.9m
CAGR 3-Years
49%
CAGR 5-Years
56%
CAGR 10-Years
N/A
No Stocks Found

Fortinet Inc
Glance View

Market Cap
74.2B USD
Industry
Technology
Economic Moat
Wide

Founded in 2000 by siblings Ken and Michael Xie, Fortinet Inc. emerged from the rapid expansion of the internet and the growing necessity for cybersecurity. As the digital landscape began to flourish, so did the vulnerabilities associated with it. Fortinet distinguished itself by addressing these security needs through its flagship FortiGate firewall and unified threat management system. The company leveraged a distinctive hardware-software fusion, utilizing custom ASIC chips that allowed faster processing speeds and greater efficiency compared to many software-only solutions. This pioneering approach not only differentiated Fortinet from competitors but also laid the groundwork for its expansive suite of security products. Operating at the intersection of technology and security, Fortinet generates its revenue through the sale of these high-performance security appliances and an increasing portfolio of subscription-based cybersecurity services. Its suite of offerings encompasses enterprise-level network security, secure access, and critical data protection both on-premise and via cloud. By continuously updating its threat protection capabilities with real-time intelligence through its FortiGuard Labs, Fortinet ensures that its clients remain shielded from evolving cyber threats. This multifaceted approach allows Fortinet to keep organizations robustly defended in an era where cybersecurity challenges grow more complex by the day. This combination of product sales and recurring revenue from services has fueled Fortinet's consistent growth and its position as a leader in the cybersecurity industry.

FTNT Intrinsic Value
63.68 USD
Overvaluation 34%
Intrinsic Value
Price

See Also

What is Fortinet Inc's Depreciation & Amortization?
Depreciation & Amortization
117.8m USD

Based on the financial report for Sep 30, 2024, Fortinet Inc's Depreciation & Amortization amounts to 117.8m USD.

What is Fortinet Inc's Depreciation & Amortization growth rate?
Depreciation & Amortization CAGR 10Y
19%

Over the last year, the Depreciation & Amortization growth was 7%. The average annual Depreciation & Amortization growth rates for Fortinet Inc have been 16% over the past three years , 14% over the past five years , and 19% over the past ten years .

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