Profit Margin (Annual)

Profit Margin: Net Income as a portion of total sales revenue. Calculated as: Net Income / Total Revenues

Fortinet, Inc. (FTNT) had Profit Margin of 29.30% 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.