Fortinet (XSWX:FTNT) Total Assets: CHF9,884 Mil (As of Mar. 2026)


XSWX:FTNT Fortinet Inc XSWX:FTNT
91 GF Score
Price CHF127.04
GF Value CHF80.86
! 5 Warning Signs
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What is Fortinet Total Assets?

Fortinet XSWX:FTNT 91 Total Assets is CHF9,884 Mil as of Mar. 2026. GuruFocus rates XSWX:FTNT with a GF Score™ of 91/100 and a GF Value™ of CHF80.86. The stock has 5 warning signs investors should review.

Fortinet's Total Assets for the quarter that ended in Mar. 2026 was CHF9,884 Mil.

During the past 12 months, Fortinet's average Total Assets Growth Rate was 17.10% per year. During the past 3 years, the average Total Assets Growth Rate was 19.20% per year. During the past 5 years, the average Total Assets Growth Rate was 23.50% per year. During the past 10 years, the average Total Assets Growth Rate was 24.70% per year.

During the past 13 years, Fortinet's highest 3-Year average Total Assets Growth Rate was 66.30%. The lowest was 12.60%. And the median was 28.30%.

Total Assets is connected with ROA %. Fortinet's annualized ROA % for the quarter that ended in Mar. 2026 was 21.09%. Total Assets is also linked to Revenue through Asset Turnover. Fortinet's Asset Turnover for the quarter that ended in Mar. 2026 was 0.18.


Fortinet  (XSWX:FTNT) Total Assets Explanation

Total Assets is connected with ROA %.

Fortinet's annualized ROA % for the quarter that ended in Mar. 2026 is

ROA %=Net Income (Q: Mar. 2026 )/( (Total Assets (Q: Dec. 2025 )+Total Assets (Q: Mar. 2026 ))/ count )
=2138/( (10389.2+9883.5)/ 2 )
=2138/10136.35
=21.09 %

Note: The Net Income data used here is four times the quarterly (Mar. 2026) data.

In the article Joining The Dark Side: Pirates, Spies and Short Sellers, James Montier reported that In their US sample covering the period 1968-2003, Cooper et al find that firms with low asset growth outperformed firms with high asset growth by an astounding 20% p.a. equally weighted. Even when controlling for market, size and style, low asset growth firms outperformed high asset growth firms by 13% p.a. Therefore a company with fast asset growth may underperform.

Total Assets is linked to total revenue through Asset Turnover.

Fortinet's Asset Turnover for the quarter that ended in Mar. 2026 is

Asset Turnover
=Revenue (Q: Mar. 2026 )/( (Total Assets (Q: Dec. 2025 )+Total Assets (Q: Mar. 2026 ))/ count )
=1849.6/( (10389.2+9883.5)/ 2 )
=1849.6/10136.35
=0.18

* 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.

Therefore, if a company grows its Total Assets faster than its Revenue, the Asset Turnover will decline. This might be a warning sign for the business.

Fortinet Total Assets Related Terms


Fortinet Total Assets Historical Data

* Premium members only.

The historical data trend for Fortinet's Total Assets 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.

Fortinet Total Assets Chart

Fortinet Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Total Assets
Get a 7-Day Free Trial Premium Member Only Premium Member Only 5,919.10 6,228.00 7,258.90 9,763.10 10,389.20

Fortinet Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
Total Assets 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 10,407.00 10,641.40 9,361.30 10,389.20 9,883.50
XSWX:FTNT
91GF Score
Fortinet Inc XSWX:FTNT
Total Assets is just one metric. See GF Score™, valuation, warning signs, and more.
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Fortinet Total Assets Calculation

Total Assets are all the assets a company owns.

From the capital sources of the assets, some of the assets are funded through shareholder's paid in capital and retained earnings of the business. Others are funded through borrowed money.

Fortinet's Total Assets for the fiscal year that ended in Dec. 2025 is calculated as

Total Assets=Total Equity (A: Dec. 2025 )+Total Liabilities (A: Dec. 2025 )
=1237.5+9151.7
=10,389

Fortinet's Total Assets for the quarter that ended in Mar. 2026 is calculated as

Total Assets=Total Equity (Q: Mar. 2026 )+Total Liabilities (Q: Mar. 2026 )
=989.7+8893.8
=9,884

* 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.

Frequently Asked Questions Learn more about Total Assets →
What does a Total Assets of CHF9,884 Mil mean?
Fortinet (XSWX:FTNT) has a Total Assets of CHF9,884 Mil as of Mar. 2026. The total amount of assets as recorded on a company's balance sheet. View historical data on Fortinet and its competitors.
Is Fortinet's Total Assets too high?
Fortinet's current Total Assets is CHF9,884 Mil. Overall, Fortinet has a GF Score™ of 91/100, reflecting its overall financial health beyond just this single metric.
How does Fortinet's Total Assets compare to ?
Fortinet's Total Assets of CHF9,884 Mil can be compared against companies in the Software industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Total Assets for a Software company?
A good Total Assets depends on the Software industry context. However, Total Assets should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Total Assets mean?
A high Total Assets can signal that a stock is expensive relative to its fundamentals. The total amount of assets as recorded on a company's balance sheet. View historical data on Fortinet and its competitors. Fortinet's current Total Assets is CHF9,884 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Fortinet stock overvalued right now?
Fortinet (XSWX:FTNT) has a current Total Assets of CHF9,884 Mil. The stock's GF Value™ is CHF80.86, compared to a current price of CHF127.04 — trading 57.1% above its estimated fair value. The current Total Assets is CHF9,884 Mil. Fortinet's overall GF Score™ is 91/100 with 5 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Total Assets calculated?
Total Assets is calculated from a company's financial statements. For Fortinet (XSWX:FTNT), the current Total Assets is CHF9,884 Mil as of Mar. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is Fortinet (XSWX:FTNT) Overvalued in 2026?

Based on GuruFocus' analysis, Fortinet stock appears to be overvalued. The current stock price of CHF127.04 is trading 57.1% above its estimated GF Value™ of CHF80.86.

Key valuation signals for XSWX:FTNT:

  • Total Assets: CHF9,884 Mil
  • GF Value™: CHF80.86 vs. price of CHF127.04 (57.1% above fair value)
  • GF Score™: 91/100 with 5 warning signs

No single metric tells the full story. See the XSWX:FTNT stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Fortinet Business Description

Comparable Companies
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.
91GF Score

Get the complete analysis for XSWX:FTNT

Total Assets is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

CHF127.04
Price
CHF80.86
GF Value