Fortinet Market capitalization 2024

Fortinet Market capitalization

53.02 B USD

Fortinet Dividend yield

Ticker

FTNT

ISIN

US34959E1091

WKN

A0YEFE

In 2024, Fortinet's market cap stood at 53.02 B USD, a -0.36% increase from the 53.21 B USD market cap in the previous year.

The Fortinet Market capitalization history

YEARREVENUE (undefined USD)GROSS MARGIN (%)NET INCOME (undefined USD)
2029e13.0431,202.68
2028e11.8134,442.37
2027e10.1240,181.94
2026e7.7352,631.94
2025e6.760,711.51
2024e5.968,951.33
20235.376,681.15
20224.4275,440.86
20213.3476,570.61
20202.5978,030.49
20192.1676,610.33
20181.874,990.33
20171.4974,230.03
20161.2873,510.03
20151.0171,590.01
20140.7770,010.03
20130.6270,640.04
20120.5372,370.07
20110.4373,800.06
20100.3273,760.04
20090.2572,240.05
20080.2169,090
20070.1663,54-0.02
20060.1266,82-0.01
20050.0865,49-0.01
20040.0448,96-0.06

Fortinet Aktienanalyse

What does Fortinet do?

Fortinet Inc. is an American IT security company specializing in the development, production, and marketing of advanced security solutions for businesses, service providers, and government agencies. Established in 2000 by Ken Xie, the former founder and CEO of Netscreen Technologies, the company is headquartered in Sunnyvale, California. Fortinet's business model focuses on the development of cybersecurity solutions. They offer advanced and comprehensive security solutions based on the latest technologies and strategies, capable of defending against various security threats such as viruses, malware, phishing, DDoS attacks, ransomware, etc. Fortinet follows a multi-level strategy to expand its business, relying on partnerships, mergers, and acquisitions in the cybersecurity industry. Fortinet began as a small startup company in California in 2000. In 2001, they introduced their first product, the FortiGate, which served as a Unified Threat Management (UTM) device, incorporating multiple security features such as firewall, VPN, Intrusion Prevention System (IPS), antivirus, and anti-spam. In 2003, the company launched the FortiManager and FortiAnalyzer product lines to enable centralized administration and comprehensive reporting of security events. Over the years, Fortinet has expanded its portfolio and now offers a wide range of products and solutions based on the latest technologies and strategies. In 2019, the company's revenue amounted to $2.16 billion. Fortinet offers a variety of products and solutions specializing in different areas of cybersecurity, including network and endpoint security, cloud security, application security, IoT and OT security and management, as well as consulting and professional services. The product range includes: - FortiGate: A network security device that includes firewall, VPN, IPS, application control, anti-malware, anti-spam, and web filtering. - FortiWeb: A web-based firewall that enhances the security of critical web applications. - FortiMail: An email security solution that blocks spam and malware, filters content, and provides encryption. - FortiDDoS: A solution for defending against Distributed Denial-of-Service (DDoS) attacks. - FortiClient: An endpoint security solution that ensures the security of devices. - FortiOS: An operating system and framework that controls most of Fortinet's products. - FortiManager: A centralized management system that enables configuration and administration of Fortinet security products. - FortiAnalyzer: A central reporting and analysis system that provides a comprehensive and detailed overview of security events. In conclusion, Fortinet has become a global leader in the cybersecurity industry in recent years. The company delivers advanced and comprehensive security solutions and relies on cooperation and acquisitions to consolidate its position in the industry. With a strong product portfolio and a high commitment to research and development, Fortinet will continue to play a significant role in the cybersecurity industry in the future. Fortinet ist eines der beliebtesten Unternehmen auf Eulerpool.com.

Market capitalization Details

Exploring Fortinet's Market Capitalization

Fortinet's market capitalization represents the total dollar market value of the company’s outstanding shares of stock. It is calculated by multiplying the company's shares outstanding by the current market price of one share. This metric is a vital indicator of a company’s size, strength, and overall market value.

Year-to-Year Comparison

A yearly comparison of Fortinet's market capitalization provides investors and analysts insights into its growth and valuation trends. An increase signifies market confidence and business expansion, while a decrease may point towards declining market value or business contractions.

Impact on Investments

Fortinet's market capitalization plays a pivotal role in investment decisions. It aids investors in assessing the company's risk and return profiles. Larger companies are often considered more stable but may offer lower growth potential, while smaller companies might offer significant growth prospects but come with higher risk.

Interpreting Market Capitalization Fluctuations

Variations in Fortinet’s market capitalization can be attributed to several factors, including changes in stock price, outstanding shares, and market sentiment. Understanding these fluctuations helps investors evaluate the company's current standing and future potential in the competitive landscape.

Frequently Asked Questions about Fortinet Stock

What is the current Fortinet market capitalization?

The current market capitalization of Fortinet is 53.02 B USD.

What is market capitalization?

The market capitalization (German: Marktkapitalisierung, English: market capitalization, abbreviated as market cap, also known as stock exchange capitalization or market value) is the calculated total value of all shares of a publicly traded company like Fortinet.

How has the market capitalization of Fortinet developed in recent years?

The market capitalization of Fortinet has increased/decreased by -0.36% compared to the previous year.

What does market capitalization mean for investors?

The market capitalization of a company reflects the current market consensus on the value of the equity of a publicly traded company.

Why is market capitalization an important indicator for investors?

The market capitalization of a company reflects the current market consensus on the value of a publicly traded company's equity. It is determined by the supply and demand for the company's shares. Market capitalization is thus significantly influenced by expectations in the stock market regarding the future earnings power of the company, and as such, it can undergo significant fluctuations.

Why does the market capitalization fluctuate?

The market capitalization fluctuates along with the stock price, as the market capitalization is calculated based on the current price and the number of outstanding shares.

What role does market capitalization play in the valuation of Fortinet?

In order to compare the value of companies, it is helpful to consider not only the market capitalization but also the net debt of a company. A potential buyer of the entire company would also acquire the debts of the company. The enterprise value is the total value of a company or a stock corporation. The net financial indebtedness of the company is added to the market capitalization.

Does the market capitalization influence the performance of Fortinet?

There is no verifiable long-term evidence or study that stocks with a specific market capitalization (whether Mega/Large/Mid/Small Cap) would consistently yield significantly higher returns than others. There are occasional small studies (few stocks, short investment period) suggesting that certain classes may perform better or have higher risk, but none of them are 1. conclusive (cause-effect relationship is unclear, experiment is not repeatable) or 2. generalizable (generalization is not possible due to small sample size and time period).

Does the market capitalization of Fortinet have an influence on indices?

Some stock indices use market capitalization as index weighting. Stocks with a higher market capitalization are also weighted higher in the index. This is in contrast to equally weighted indices (all stocks have the same weighting) and free float weighted indices (market capitalization weighting, but only with the number of shares in free float).

How much dividend does Fortinet pay?

Over the past 12 months, Fortinet paid a dividend of . This corresponds to a dividend yield of about . For the coming 12 months, Fortinet is expected to pay a dividend of 0 USD.

What is the dividend yield of Fortinet?

The current dividend yield of Fortinet is .

When does Fortinet pay dividends?

Fortinet pays a quarterly dividend. This is distributed in the months of .

How secure is the dividend of Fortinet?

Fortinet paid dividends every year for the past 0 years.

What is the dividend of Fortinet?

For the upcoming 12 months, dividends amounting to 0 USD are expected. This corresponds to a dividend yield of 0 %.

In which sector is Fortinet located?

Fortinet is assigned to the 'Information technology' sector.

Wann musste ich die Aktien von Fortinet kaufen, um die vorherige Dividende zu erhalten?

To receive the latest dividend of Fortinet from 3/29/2024 amounting to 0 USD, you needed to have the stock in your portfolio before the ex-date on 3/29/2024.

When did Fortinet pay the last dividend?

The last dividend was paid out on 3/29/2024.

What was the dividend of Fortinet in the year 2023?

In the year 2023, Fortinet distributed 0 USD as dividends.

In which currency does Fortinet pay out the dividend?

The dividends of Fortinet are distributed in USD.

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Andere Kennzahlen von Fortinet

Our stock analysis for Fortinet Revenue stock includes important financial indicators such as revenue, profit, P/E ratio, P/S ratio, EBIT, as well as information on dividends. We also assess aspects such as stocks, market capitalization, debt, equity, and liabilities of Fortinet Revenue. If you are looking for more detailed information on these topics, we offer comprehensive analyses on our subpages.