Bringing the fundamentals into focus…
Back to Fortinet, Inc.
How Fortinet, Inc. stacks up
FTNT · against 51 other Technology companies of similar size
Profitability
96/ 100
Near the top of its peers.
Ranked #9 of 52 · scores higher than 84% of peers
Bars: peers in each 10-point band of the profitability score18 peers with a profitability score of 90–100, including FTNT · Click a bar to see the companies
Why profitability scores 96?
Weighted metrics compared with all Technology companies.Mainly thanks to its return on assets and operating margin, which are stronger than most Technology peers.
- Return on invested capital is not reported, so it is left out of the score.
- a wider operating margin: stronger than 95% of peers. Operating margin: 32.4% vs peer median 6.3%
- a higher return on assets: stronger than 96% of peers. Return on assets: 19.5% vs peer median 2.9%
Metric by metric
Position: dot = FTNT, ranked from the worst peer (left) to the best (right); tick = middle, shaded = middle half of peers.| Metric | FTNT | Peer median | Better than | Position among peers | Weight |
|---|---|---|---|---|---|
| Return on invested capitalHigher is better · 50 reported | Not reported | 16.0% | — | — | 33% |
| Operating marginHigher is better · 52 reported | 32.4% | 17.4% | 84% | 33% | |
| Return on assetsHigher is better · 51 reported | 19.5% | 8.8% | 84% | 33% | |
| Return on equityHigher is better · 51 reported | 117.4% | 21.9% | 96% | Context only | |
| Gross marginHigher is better · 52 reported | 80.2% | 48.8% | 86% | Context only |
A metric that is not reported is left out of the score; the other weights are rescaled.
Ranking by profitability score
Top 5 and the companies ranked around FTNT| Rank | Company | Market cap | Profitability | Overall |
|---|---|---|---|---|
| 1 | 561.7B CNY (≈$78.6B) | 99 | 77 | |
| 1 | 25.82T JPY (≈$175.6B) | 99 | 73 | |
| 1 | 95.8B USD | 99 | 67 | |
| 1 | 164.9B USD | 99 | 89 | |
| 1 | 137.9B USD | 99 | 59 | |
| 6 | 482.9B CNY (≈$67.6B) | 97 | 73 | |
| 6 | 52.7B USD | 97 | 61 | |
| 6 | 125.2B USD | 97 | 70 | |
| 9 | 94.0B USD | 96 | 61 | |
| 10 | 117.3B USD | 95 | 56 | |
| 10 | 48.3B USD | 95 | 65 | |
| 10 | 9.04T INR (≈$108.5B) | 95 | 74 | |
| 13 | 65.3B USD | 94 | 68 |
Scores are sector-relative percentiles from the latest snapshot, always calculated against the whole sector: narrowing the comparison group changes who you compare with, not the scores. Missing metrics are left out and the remaining weights rescaled. How we score