Fortinet, Inc. (FTNT) Market Cap & Valuation Ratios
Fortinet, Inc. (FTNT) has a market cap of $132.1B, a trailing P/E of 63.6 and a price-to-sales ratio of 17.5, with earnings according to EquiReason's reading of its SEC filings.
Source: SEC EDGAR filings · figures as of 2026-06-30 · read by EquiReason
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- Market cap
- 132.1B
- P/E TTM
- 63.6
- Dividend yield
- —
- 52-week
- —
- Next earnings
- 28 Oct, in 4 days
Peers
software - infrastructure · nearest by market cap · trailing 12 months| Company | Mkt cap, $B | P/E | EV/Sales | EV/EBITDA | FCF yield | Rev. growth | Op. margin | ROIC |
|---|---|---|---|---|---|---|---|---|
| FTNT | 132 | 63.6 | 17.1 | 49.4 | 2.3% | +19% | 32% | — |
| ORCL | 381 | 19.8 | 6.5 | 13.8 | -7.5% | +22% | 32% | 15% |
| PANW | 311 | — | 27.0 | 200.0 | 1.3% | +24% | 6% | 2% |
| CRWD | 264 | — | 48.1 | 1217.3 | 0.6% | +24% | -2% | -14% |
| NET | 116 | — | 45.8 | — | 0.3% | +34% | -14% | -11% |
| SNPS | 82 | 76.9 | 9.4 | 34.0 | 3.3% | +46% | 9% | 2% |
| XYZ | 46 | 136.5 | 1.9 | 30.0 | 8.5% | +5% | 5% | 3% |
| NTAP | 42 | 30.4 | 5.6 | 20.3 | 3.9% | +12% | 25% | 76% |
| TWLO | 40 | — | 6.9 | 85.7 | 2.5% | +18% | 5% | 2% |
| ZS | 40 | — | 12.2 | 2674.8 | 1.9% | +25% | -4% | -6% |
| OKTA | 37 | 128.3 | 11.4 | 110.2 | 2.6% | +11% | 8% | 3% |
| Median of these 10 | 76.9 | 10.4 | 85.7 | 2.2% | +23% | 6% | 2% |
P/E 63.6 vs. a peer median of 76.9; EV/Sales 17.1 vs. 10.4. FTNT's own P/E sits at the 84th percentile of its history.
Growth vs. price
each dot a company · hover or tap for valuesPANW and CRWD and NET and TWLO and ZS have no P/E (earnings not positive) and are left out · hover or tap a dot for values.
Fortinet, Inc. — questions
- What is Fortinet, Inc.'s market cap?
- $132.1B.
- What is Fortinet, Inc.'s P/E ratio?
- 63.6 on trailing twelve-month earnings to 2026-06-30.
- What is Fortinet, Inc.'s price-to-sales ratio?
- 17.5.
Every figure on this page comes from Fortinet, Inc.'s own SEC filings — see them on SEC EDGAR. Price data is licensed and shown only inside the product.
How these figures are read: methodology · EquiReason.