Fortinet (Fortinet) YoY EBITDA Growth : 15.64% (As of Dec. 2023)

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What is Fortinet YoY EBITDA Growth?

YoY EBITDA Growth is the percentage change of EBITDA per Share over the past twelve months. Fortinet's YoY EBITDA Growth for the quarter that ended in Dec. 2023 was 15.64%.

Fortinet's EBITDA per Share for the three months ended in Dec. 2023 was $0.58.

Fortinet YoY EBITDA Growth Historical Data

The historical data trend for Fortinet's YoY EBITDA Growth 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.

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Fortinet YoY EBITDA Growth Chart

Fortinet Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

YoY EBITDA Growth

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53.75

42.19

19.64

53.62

39.24

Fortinet Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
YoY EBITDA Growth	Get a 7-Day Free Trial															77.82	98.06	57.95	23.51	15.64

Fortinet YoY EBITDA Growth Calculation

YoY EBITDA Growth is the percentage change of EBITDA per Share over the past twelve months.

Fortinet's YoY EBITDA Growth for the fiscal year that ended in Dec. 2023 is calculated as:

	YoY EBITDA Growth (A: Dec. 2023 )
=	(EBITDA per Share (A: Dec. 2023 )	-	EBITDA per Share (A: Dec. 2022 ))	/	\| EBITDA per Share (A: Dec. 2022 ) \|
=	(1.863	-	1.338)	/	\| 1.338 \|
=	39.24 %

Fortinet's YoY EBITDA Growth for the quarter that ended in Dec. 2023 is calculated as:

	YoY EBITDA Growth (Q: Dec. 2023 )
=	(EBITDA per Share (Q: Dec. 2023 )	-	EBITDA per Share (Q: Dec. 2022 ))	/	\| EBITDA per Share (Q: Dec. 2022 )) \|
=	(0.584	-	0.505)	/	\| 0.505 \|
=	15.64 %

Fortinet YoY EBITDA Growth Related Terms

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Fortinet (Fortinet) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » Fortinet Inc (NAS:FTNT) » Definitions » YoY EBITDA Growth

Comparable Companies

Traded in Other Exchanges

FTNT:Mexico FO8:Germany FO8:Germany F1TN34:Brazil

Address

899 Kifer Road, Sunnyvale, CA, USA, 94086

Website

https://www.fortinet.com

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 700,000 customers across the world.

Executives

Ken Xie	director, officer: President & CEO	4655 GREAT AMERICA PARKWAY - SUITE 300, SANTA CLARA CA 95054
Patrice Perche	officer: Chief Revenue Off./EVP Supp.	C/O FORTINET, INC., 899 KIFER ROAD, SUNNYVALE CA 94086
Michael Xie	director, officer: VP, Engineering & CTO	1090 KIFER ROAD, SUNNYVALE CA 94086
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
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
Judith Sim	director	C/O FORTINET, INC., 899 KIFER ROAD, SUNNYVALE CA 94086
Del Matto Andrew H	officer: Chief Financial Officer	350 ELLIS STREET, MOUNTAIN VIEW CA 94043
Gary Locke	director	C/O FORTINET, INC., 899 KIFER ROAD, SUNNYVALE CA 94086