Income after Taxes (Annual)

Income after Taxes: Earnings or losses after income tax expense but before minority interest, extraordinary items, discontinued operations, preferred dividends and accounting changes have been accounted for.

Fortinet, Inc. (FTNT) had Income after Taxes of $1.77B for the most recently reported fiscal year, ending 2024-12-31.

Quarterly Annual

Figures for fiscal year ending 2024-12-31

Income Statement Financials
Revenue	$5.96B
Net Income	$1.75B
Cost of Goods Sold	$1.16B
Gross Profit	$4.80B
Operating Expenses	$4.15B
Operating Income	$1.80B
Non-Operating Income/Expense	$255.10M
Pre-Tax Income	$2.06B
Normalized Pre-Tax Income	$2.06B
Income after Taxes	$1.77B
Income from Continuous Operations	$1.75B
Consolidated Net Income/Loss	$1.75B
Normalized Income after Taxes	$1.77B
EBIT	$1.80B
EBITDA	$2.17B
Weighted-Average Shares Outstanding (Basic)	764.40M
Weighted-Average Shares Outstanding (Diluted)	771.90M
Earnings per Share (EPS) (Basic)	$2.28
Earnings per Share (EPS) (Diluted)	$2.26
Balance Sheet Financials
Current Assets	$5.97B
Property, Plant, and Equipment	$1.35B
Long-Term Assets	$3.79B
Total Assets	$9.76B
Current Liabilities	$4.06B
Long-Term Debt	$994.30M
Long-Term Liabilities	$4.21B
Total Liabilities	$8.27B
Common Equity	$1.49B
Tangible Shareholders Equity	$1.14B
Shareholders Equity	$1.49B
Common Shares Outstanding	767.00M
Cash Flow Statement Financials
Cash Flow from Operating Activities	$2.26B
Cash Flow from Investing Activities	$-727.40M
Cash Flow from Financial Activities	$-50.10M
Beginning Cash	$1.40B
End Cash	$2.88B
Increase/Decrease in Cash	$1.48B
Stock-Based Compensation	$257.90M
Common Stock Dividends Paid	--
Preferred Stock Dividends Paid	--
Fundamental Metrics & Ratios
Current Ratio	1.47
Non-Performing Assets / Total Loans	--
Loan Loss Reserves / Non-Performing Loans	--
Debt to Capital Ratio	0.40
Debt to Equity Ratio	0.67
Gross Margin	80.56%
Operating Margin	30.28%
EBIT Margin	30.28%
EBITDA Margin	36.45%
Pre-Tax Profit Margin	34.56%
Profit Margin	29.30%
Free Cash Flow	$1.88B
Loss Ratio	--
Expense Ratio	--
Combined Ratio	--
Asset Turnover	0.61
Inventory Turnover	3.67
Receiveable Turnover	4.07
Days Sales in Receivables	89.68
Return on Equity	116.83%
Return on Tangible Equity	152.63%
Return on Assets	17.88%
Return on Investments	70.14%
Book Value Per Share	$1.95
Free Cash Flow per Share	$2.43
Operating Cash Flow per Share	$2.93

Data from Zacks Investment Research, Inc.