What is the ROE (Return on Equity) of Fortinet this year?
The ROE of Fortinet this year is -2.48 undefined.
Fortinet ROE 2024
Fortinet ROE
-2.48
Fortinet Dividend yield
Ticker
FTNT
ISIN
US34959E1091
WKN
A0YEFE
In 2024, Fortinet's return on equity (ROE) was -2.48, a -18.64% increase from the -3.04 ROE in the previous year.
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.ROE Details
Decoding Fortinet's Return on Equity (ROE)
Fortinet's Return on Equity (ROE) is a fundamental metric evaluating the company's profitability relative to its equity. Calculated by dividing net income by shareholder's equity, ROE illustrates how effectively the company is generating profits from shareholders’ investments. A higher ROE represents enhanced efficiency and profitability.
Year-to-Year Comparison
Analyzing Fortinet's ROE on a yearly basis aids in tracking its profitability trends and financial performance. An increasing ROE suggests enhanced profitability and value generation for shareholders, whereas a declining ROE may indicate issues in profit generation or equity management.
Impact on Investments
Fortinet's ROE is instrumental for investors assessing the company's profitability, efficiency, and investment attractiveness. A robust ROE indicates the firm’s adeptness at converting equity investments into profits, thereby enhancing its appeal to potential and current investors.
Interpreting ROE Fluctuations
Changes in Fortinet’s ROE can emanate from variations in net income, equity capital, or both. These fluctuations are scrutinized to evaluate management’s effectiveness, financial strategies, and the inherent risks and opportunities, aiding investors in making informed decisions.
Frequently Asked Questions about Fortinet Stock
How has the Return on Equity (ROE) of Fortinet developed compared to the previous year?
The ROE of Fortinet has increased by -18.64% decreased compared to the previous year.
What impact does a high ROE (Return on Equity) have on investors of Fortinet?
A high ROE indicates that Fortinet generates good returns on capital and is successful in monetizing its investments. This is a positive indicator for investors.
What impact does a low ROE (Return on Equity) have on investors of Fortinet?
A low ROE can indicate that Fortinet is having difficulties monetizing its investments successfully and can be a negative signal for investors.
How does a change in the ROE (Return on Equity) of Fortinet affect the company?
A change in ROE (Return on Equity) of Fortinet can be an indicator of the financial performance of the company and demonstrate how successful the company is compared to other companies in the same industry.
How to calculate the ROE (Return on Equity) of Fortinet?
The ROE (Return on Equity) is calculated by dividing the company's profit by the total equity. The formula is: ROE = Profit / Total equity.
Which factors influence the ROE (Return on Equity) of Fortinet?
Some factors that can influence Fortinet's Return on Equity (ROE) include the efficiency in using equity, the profitability of the company, and the financing structure.
What strategic measures can take to improve the ROE (Return on Equity)?
To improve the Return on Equity (ROE), can take measures such as cost savings, increasing revenue, improving efficiency in the use of equity, and making changes in the financing structure. It is important for the company to conduct a thorough review of its financial situation to determine the best strategic actions to improve ROE.
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 4/23/2024 amounting to 0 USD, you needed to have the stock in your portfolio before the ex-date on 4/23/2024.
When did Fortinet pay the last dividend?
The last dividend was paid out on 4/23/2024.
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.
