Stock Earnings

Question 1

What are Fortinet Inc's key financial statements?

Accepted Answer

According to the latest financial statement (Form-10K), Fortinet Inc has a total asset of $9,763, Net profit of $1,745

Question 2

What are the key financial ratios for FTNT?

Accepted Answer

Fortinet Inc's Current ratio is 1.18, has a Net margin is 29.3, sales per share of $7.71.

Question 3

How is Fortinet Inc's revenue broken down by segment or geography?

Accepted Answer

Fortinet Inc largest revenue segment is Product, at a revenue of 1,908,700,000 in the most earnings release.For geography, United States is the primary market for Fortinet Inc, at a revenue of 1,778,900,000.

Question 4

Is Fortinet Inc profitable?

Accepted Answer

yes, according to the latest financial statements, Fortinet Inc has a net profit of $1,745

Question 5

Does Fortinet Inc have any liabilities?

Accepted Answer

yes, Fortinet Inc has liability of 8,269

Question 6

How many outstanding shares for Fortinet Inc?

Accepted Answer

Fortinet Inc has a total outstanding shares of 767

Breakdown	TTM	12/31/2024	12/31/2023	12/31/2022	12/31/2021	12/31/2020
Revenue	6,554	5,955	5,304	4,417	3,342	2,594
Revenue Growth (YoY)	15%	12%	20%	32%	28.99%	20%
Cost of Revenue	1,254	1,120	1,237	1,084	783	570
Gross Profit	5,300	4,835	4,067	3,332	2,559	2,024
Selling, General & Admin	2,475	2,282	2,217	1,855	1,489	1,191
Research & Development	801	716	613	512	424	341
Operating Expenses	3,277	2,999	2,831	2,367	1,913	1,532
Other Non Operating Income (Expenses)	55	4	-6	-8	-3	2
Pretax Income	2,249	2,058	1,333	955	628	541
Income Tax Expense	381	283	143	30	14	53
Net Income	1,873	1,745	1,147	857	606	488
Net Income Growth	23%	52%	34%	41%	24%	47%
Shares Outstanding (Diluted)	761.2	771.9	788.2	805.3	835.5	838.5
Shares Change (YoY)	-1%	-2%	-2%	-4%	0%	-4%
EPS (Diluted)	2.46	2.26	1.46	1.06	0.73	0.58
EPS Growth	24%	55%	38%	45%	26%	53%
Free Cash Flow	2,028	1,879	1,731	1,449	1,203	957
Free Cash Flow Per Share	2.66	2.43	2.19	1.79	1.43	1.14
Gross Margin	80.86%	81.19%	76.67%	75.43%	76.57%	78.02%
Operating Margin	30.85%	30.81%	23.3%	21.84%	19.29%	18.92%
Profit Margin	28.57%	29.3%	21.62%	19.4%	18.13%	18.81%
Free Cash Flow Margin	30.94%	31.55%	32.63%	32.8%	35.99%	36.89%
EBITDA	2,169	1,957	1,349	1,069	729	559
EBITDA Margin	33.09%	32.86%	25.43%	24.2%	21.81%	21.54%
D&A For EBITDA	147	122	113	104	84	68
EBIT	2,022	1,835	1,236	965	645	491
EBIT Margin	30.85%	30.81%	23.3%	21.84%	19.29%	18.92%
Effective Tax Rate	16.94%	13.75%	10.72%	3.14%	2.22%	9.79%

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