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FTNT (Fortinet) FCF Yield % : 2.73 (As of Apr. 03, 2025)


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What is Fortinet FCF Yield %?

FCF Yield % is calculated as Free Cash Flow divided by Market Capitalization. It is a financial solvency ratio that compares the free cash flow a company is expected to earn against its market value.

As of today, Fortinet's Trailing 12-Month Free Cash Flow is $1,879 Mil, and Market Cap is $68,777 Mil. Therefore, Fortinet's FCF Yield % for today is 2.73%.

The historical rank and industry rank for Fortinet's FCF Yield % or its related term are showing as below:

FTNT' s FCF Yield % Range Over the Past 10 Years
Min: 2.01   Med: 3.84   Max: 5.94
Current: 2.73


During the past 13 years, the highest FCF Yield % of Fortinet was 5.94%. The lowest was 2.01%. And the median was 3.84%.

FTNT's FCF Yield % is ranked better than
60.79% of 2785 companies
in the Software industry
Industry Median: 0.74 vs FTNT: 2.73

Fortinet's FCF Margin % for the quarter that ended in Dec. 2024 was 22.89%.


Fortinet FCF Yield % Historical Data

The historical data trend for Fortinet's FCF Yield % can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Fortinet FCF Yield % Chart

Fortinet Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
FCF Yield %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 3.97 2.07 3.79 3.89 2.59

Fortinet Quarterly Data
Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24
FCF Yield % Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 1.48 4.67 2.77 3.85 2.10

Competitive Comparison of Fortinet's FCF Yield %

For the Software - Infrastructure subindustry, Fortinet's FCF Yield %, along with its competitors' market caps and FCF Yield % data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Fortinet's FCF Yield % Distribution in the Software Industry

For the Software industry and Technology sector, Fortinet's FCF Yield % distribution charts can be found below:

* The bar in red indicates where Fortinet's FCF Yield % falls into.


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Fortinet FCF Yield % Calculation

FCF Yield % is a financial solvency ratio that compares the free cash flow a company is expected to earn against its market value.

Fortinet's FCF Yield % for the fiscal year that ended in Dec. 2024 is calculated as

FCF Yield %=Free Cash Flow / Market Cap
=1879.2 / 72466.16
=2.59%

Fortinet's annualized FCF Yield % for the quarter that ended in Dec. 2024 is calculated as

FCF Yield %=Free Cash Flow * Annualized Factor / Market Cap
=380 * 4 / 72466.16
=2.10%

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


Fortinet FCF Yield % Explanation

Similar to Earnings Yield %, FCF Yield % is financial solvency ratio. A lower ratio suggests a less attractive investment, indicating that investors might not receive substantial returns in proportion to their investment. Conversely, a high free cash flow yield signals that a company generates sufficient cash to comfortably meet its debts, obligations, and dividend payments, making it a promising investment choice.


Fortinet FCF Yield % Related Terms

Thank you for viewing the detailed overview of Fortinet's FCF Yield % provided by GuruFocus.com. Please click on the following links to see related term pages.


Fortinet Business Description

Traded in Other Exchanges
Address
909 Kifer Road, Sunnyvale, CA, USA, 94086
Fortinet is a platform-based cybersecurity vendor with product offerings covering network security, cloud security, zero-trust access, and security operations. The firm derives a majority of its revenue through sales of its subscriptions and support-based business. The California-based firm has more than 800,000 customers across the world.
Executives
Kenneth A Goldman officer: VP & Chief Financial Officer C/O YAHOO! INC., 701 FIRST AVENUE, SUNNYVALE CA 94089
Michael Xie director, officer: VP, Engineering & CTO 1090 KIFER ROAD, SUNNYVALE CA 94086
Ken Xie director, officer: President & CEO 4655 GREAT AMERICA PARKWAY - SUITE 300, SANTA CLARA CA 95054
William H. Neukom director C/O FORTINET, INC., 1090 KIFER ROAD, SUNNYVALE CA 94086
Keith Jensen officer: Chief Accounting Officer C/O FORTINET, INC., 899 KIFER ROAD, SUNNYVALE CA 94068
John Whittle officer: VP & General Counsel 1090 KIFER ROAD, SUNNYVALE CA 94086
Judith Sim director C/O FORTINET, INC., 899 KIFER ROAD, SUNNYVALE CA 94086
Patrice Perche officer: Chief Revenue Off./EVP Supp. C/O FORTINET, INC., 899 KIFER ROAD, SUNNYVALE CA 94086
James G. Stavridis director C/O NEUBERGER BERMAN MANAGEMENT LLC, 605 THIRD AVENUE, NEW YORK NY 10158-0180
Christopher B Paisley director 14870 THREE OAKS COURT, SARATOGA CA 95070
Jean X. Hu director 2485 AUGUSTINE DRIVE, SANTA CLARA CA 95054
Kelly Ducourty director C/O FORTINET, INC., 899 KIFER ROAD, SUNNYVALE CA 94086
Cohen Peter Dale Jr. director C/O FORTINET, INC., 899 KIFER ROAD, SUNNYVALE CA 94086
Ming Hsieh director 4399 SANTA ANITA AVE., EL MONTE CA 91731
Del Matto Andrew H officer: Chief Financial Officer 350 ELLIS STREET, MOUNTAIN VIEW CA 94043