Fortinet, Inc. P/E Ratio 2009–2025
Fortinet, Inc. reported 32.81 of price-to-earnings ratio for fiscal 2025. That was 21.5% lower than fiscal 2024. Compared with fiscal 2020, the change was -35.9%. This is a fiscal-year-end price divided by diluted EPS—not a live valuation—and is omitted when annual EPS is not positive.
| Fiscal year | P/E Ratio | Change (YoY) |
|---|---|---|
| FY 2025 | 32.81 | -21.5% |
| FY 2024 | 41.81 | +4.3% |
| FY 2023 | 40.09 | -13.1% |
| FY 2022 | 46.12 | -53.2% |
| FY 2021 | 98.47 | +92.3% |
| FY 2020 | 51.22 | -8.8% |
| FY 2019 | 56.19 | +53.2% |
| FY 2018 | 36.68 | -84.9% |
| FY 2017 | 242.72 | +45.1% |
| FY 2016 | 167.33 | -73.2% |
| FY 2015 | 623.40 | +205.0% |
| FY 2014 | 204.40 | +177.8% |
| FY 2013 | 73.58 | +40.0% |
| FY 2012 | 52.55 | -8.4% |
| FY 2011 | 57.39 | -7.7% |
| FY 2010 | 62.21 | +38.1% |
| FY 2009 | 45.05 | — |
Source: Fortinet, Inc. SEC filings — fiscal-year-end price ÷ diluted EPS. Computed deterministically; refreshed nightly (last updated August 2, 2026). Open FTNT 10-K filings at SEC EDGAR · Methodology · Download CSV.
How to read this history
Fortinet, Inc. reported 32.81 of price-to-earnings ratio for fiscal 2025. That was 21.5% lower than fiscal 2024. Compared with fiscal 2020, the change was -35.9%. This is a fiscal-year-end price divided by diluted EPS—not a live valuation—and is omitted when annual EPS is not positive. Values remain missing when the cached filing does not disclose a comparable line item; they are never estimated. Stock splits, reorganizations and fiscal-calendar changes can reduce comparability.
Prepared and reviewed by the stockportfolio.pro research desk. Corrections: support@stockportfolio.pro.
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What is Fortinet, Inc.'s price-to-earnings ratio?
Fortinet, Inc. (FTNT) reported price-to-earnings ratio of 32.81 for fiscal year 2025, per its SEC filings.
How has Fortinet, Inc.'s price-to-earnings ratio changed over time?
Between fiscal 2009 and 2025, FTNT's price-to-earnings ratio declined at roughly 2.0% per year (compound annual rate), from 45.05 to 32.81.
Where does this data come from?
Figures are computed from Fortinet, Inc.'s official SEC filings (fiscal-year-end price ÷ diluted EPS), refreshed nightly. Not investment advice.
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