Fortinet, Inc. (FTNT) on Decifer

Decifer ranks FTNT number 246 of 269 tracked names on durable business quality.

Why it ranks here

• Sales are growing about 14% a year, faster than 55 in 100 companies we measure.
• It keeps about 33 cents of every sales dollar as cash, safer than 94 in 100 companies we measure.
• It earns about 31% a year on the money put into the business, better than 94 in 100 companies we measure.
• It costs about 66 times its yearly profit; the middle of its industry is 37. Cheaper than 19 in 100 companies we measure, against their own industries.

The current read

The evidence on FTNT lines up on the supportive side: a live market force supports this name through its theme connection. The independent signals we track are telling the same story.

Themes

• Cybersecurity & Identity: Cloud adoption, remote work and escalating breach costs are structurally increasing the share of IT budgets dedicated to security and identity.

Read the full FTNT research brief · See all quality rankings

Intelligence data powered by Decifer. Not financial advice. For informational purposes only.