Fortinet, Inc. (FTNT) stock
FTNTNasdaqComputer Peripheral Equipment, NECFiscal year ends December 31
Financials through Q3 FY2026, quarter ended Sep 30, 2026Last filing: 10-Q on Oct 30, 2026Score 16/3011% above fair value
$129.54+1.44 (+1.12%)
Close on Nov 12, 2026Market cap $95.17BP/E 42.1Yield –
Fortinet EV/EBITDA
EV/EBITDA is enterprise value divided by EBITDA over the trailing twelve months.
Fortinet's EV/EBITDA was 35.2× on Nov 11, 2026, against 27.2× a year earlier. Over the last 5 years it ranged from 25.6× to 85.1×, with a median of 40.3×.
EV/EBITDA at the end of each year
| Period | Period end | Value | Change (pts) |
|---|---|---|---|
| 2026 | Nov 11, 2026 | 35.2× | +8.6 |
| 2025 | Dec 31, 2025 | 26.6× | −14.3 |
| 2024 | Dec 31, 2024 | 40.9× | +7.5 |
| 2023 | Dec 29, 2023 | 33.4× | −7.7 |
| 2022 | Dec 30, 2022 | 41.1× | −44.0 |
| 2021 | Dec 31, 2021 | 85.1× | +44.4 |
| 2020 | Dec 31, 2020 | 40.6× | −2.9 |
| 2019 | Dec 31, 2019 | 43.5× | +1.0 |
| 2018 | Dec 31, 2018 | 42.6× | +4.6 |
| 2017 | Dec 29, 2017 | 37.9× | −38.5 |
| 2016 | Dec 30, 2016 | 76.4× | −13.5 |
| 2015 | Dec 31, 2015 | 90.0× | +38.1 |
| 2014 | Dec 31, 2014 | 51.9× | +25.1 |
| 2013 | Dec 31, 2013 | 26.8× | −2.5 |
| 2012 | Dec 31, 2012 | 29.3× | −3.7 |
| 2011 | Dec 30, 2011 | 33.0× | −27.7 |
| 2010 | Dec 31, 2010 | 60.7× | – |
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