Fortinet Inc
NASDAQ:FTNT

Watchlist Manager
Fortinet Inc Logo
Fortinet Inc
NASDAQ:FTNT
Watchlist
Price: 94.02 USD 1.7% Market Closed
Market Cap: 71.9B USD
Have any thoughts about
Fortinet Inc?
Write Note

Fortinet Inc
Gross Profit

Last Value
3-Years 3-Y CAGR
5-Years 5-Y CAGR
10-Years 10-Y CAGR
Quarterly
Annual
TTM
|

Fortinet Inc
Gross Profit Peer Comparison

Competitors Analysis
Latest Figures & CAGR of Competitors

Company Gross Profit CAGR 3Y CAGR 5Y CAGR 10Y
Fortinet Inc
NASDAQ:FTNT
Gross Profit
$4.6B
CAGR 3-Years
24%
CAGR 5-Years
24%
CAGR 10-Years
25%
Oracle Corp
NYSE:ORCL
Gross Profit
$38.4B
CAGR 3-Years
5%
CAGR 5-Years
4%
CAGR 10-Years
2%
ServiceNow Inc
NYSE:NOW
Gross Profit
$8.3B
CAGR 3-Years
25%
CAGR 5-Years
27%
CAGR 10-Years
36%
Palo Alto Networks Inc
NASDAQ:PANW
Gross Profit
$6B
CAGR 3-Years
26%
CAGR 5-Years
23%
CAGR 10-Years
30%
Microsoft Corp
NASDAQ:MSFT
Gross Profit
$176.3B
CAGR 3-Years
13%
CAGR 5-Years
15%
CAGR 10-Years
11%
CrowdStrike Holdings Inc
NASDAQ:CRWD
Gross Profit
$2.7B
CAGR 3-Years
47%
CAGR 5-Years
62%
CAGR 10-Years
N/A
No Stocks Found

Fortinet Inc
Glance View

Market Cap
71.7B 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 38%
Intrinsic Value
Price

See Also

What is Fortinet Inc's Gross Profit?
Gross Profit
4.6B USD

Based on the financial report for Sep 30, 2024, Fortinet Inc's Gross Profit amounts to 4.6B USD.

What is Fortinet Inc's Gross Profit growth rate?
Gross Profit CAGR 10Y
25%

Over the last year, the Gross Profit growth was 15%. The average annual Gross Profit growth rates for Fortinet Inc have been 24% over the past three years , 24% over the past five years , and 25% over the past ten years .

Back to Top