FTNT
Neutral signalScored 2026-10-27 Drivers: Congress, trend, fundamentals. Insiders: neutral. Moteurs : Congrès, tendance, fondamentaux. Initiés : neutre.
Research, not advice.
À propos
Fortinet, Inc.
- Nom
- Fortinet, Inc.
- Secteur
- Technology
- Industrie
- Software - Infrastructure
- Bourse
- NASDAQ
- Capitalisation
- $131.8B
- Employés
- 15,472
- PDG
- Ken Xie
- Site web
- https://www.fortinet.com
- Marché
- AKAMCHKPCRWDFFIVNETPANW
Fortinet, Inc. specializes in delivering extensive, unified, and automated cybersecurity solutions to a global clientele, encompassing the Americas, Europe, the Middle East, Africa, and the Asia Pacific regions. At its core, the company offers FortiGate, a powerful platform combining hardware and software licenses that provides a comprehensive suite of security and networking functionalities. This includes firewall capabilities, intrusion prevention, anti-malware defense, virtual private network (VPN) services, application control, web filtering, anti-spam measures, and wide area network (WAN) acceleration. Beyond its flagship product, Fortinet provides a diverse portfolio of specialized security tools. These range from FortiSwitch for secure network switching and FortiAP for robust wireless connectivity, to FortiExtender, a versatile hardware appliance. For centralized network visibility and control, clients utilize FortiAnalyzer for logging, analysis, and reporting, and FortiManager for scalable administration of FortiGate devices. The company further fortifies digital defenses with FortiWeb (web application firewalls), FortiMail (secure email gateways), and FortiSandbox technology, which offers proactive threat detection and mitigation. Endpoint protection is a key focus, delivered through FortiClient (featuring pattern-based anti-malware, behavior-based exploit protection, web-filtering, and an application firewall) and the advanced FortiEDR/XDR suite, which leverages machine learning for anti-malware execution and real-time post-infection defense. Additionally, FortiToken and FortiAuthenticator product families provide essential multi-factor authentication to safeguard systems and data. Fortinet's service offerings include security subscriptions, technical support, professional consulting, and training programs. Its robust security technologies are distributed both directly to end-users and through an extensive network of channel partners. The company serves a wide array of sectors, including telecommunications, technology, government, financial services, education, retail, manufacturing, and healthcare. Headquartered in Sunnyvale, California, Fortinet, Inc. was established in 2000 and maintains a strategic alliance with Linksys.
Price (1 year)
Live chart from TradingView — independent market data, as price context around the filings, not the Quorum score. EMA 50/200 and Bollinger load by default. When the exchange is known it is sent as EXCHANGE:SYMBOL; otherwise TradingView resolves the ticker best-effort.
VENTE TOTALE: 164 603 titres (~26 359 823,48 $ US)
- Insiders
- Xie MichaelXie Ken
- Total bought
-
—
Avg buy (VWAP, 90d window) —
- Total sold
-
$900,791
Avg sell (VWAP, 90d window) $167.12 vs last close $183.33 (+9.7%)
Total sold sums Form 4 code S in this window. Codes F, M, A and G are left out.
$900,791 of that total is under a Rule 10b5-1 plan. It is shown here and left out of the score.
- Last activity
- 2026-08-03
- Liquidity
- Liquid $651,905,833/day · 20d vol
- Last synced
-
2026-10-27 09:40:30
Sign in to request a sync of this company's price history and timing levels.
Insider holdings as a share of total assets aren't available for this company.
Avg buy and avg sell are volume-weighted prices (sum of shares × price, divided by shares) for Form 4 rows in this 90-day window that report both figures. A comparison with last close is market context for that average, not advice.
Recent Form 4
Filings in the 90-day window for this company. Value is shares × price from the filing. Research, not advice.
| Date | Person | Side | Shares | Price | Value | Form 4 |
|---|---|---|---|---|---|---|
| 2026-09-24 | Ohlgart Christiane | Sell · S · 10b5-1 | 48 | $180.00 | $8,640 | Form 4 |
| 2026-09-15 | Whittle John | Sell · S · 10b5-1 | 2,835 | $168.74 | $478,378 | Form 4 |
| 2026-09-14 | Whittle John | Sell · S · 10b5-1 | 1,158 | $166.02 | $192,248 | Form 4 |
| 2026-08-04 | Ohlgart Christiane | Sell · S · 10b5-1 | 387 | $164.59 | $63,696 | Form 4 |
| 2026-08-03 | Xie Ken | Sell · S · 10b5-1 | 162 | $164.49 | $26,647 | Form 4 |
| 2026-08-03 | Xie Michael | Sell · S · 10b5-1 | 800 | $163.98 | $131,181 | Form 4 |
Sales marked 10b5-1 are scheduled in advance and don't count toward the Quorum score. Les ventes marquées 10b5-1 sont planifiées à l'avance et ne pèsent pas dans le score Quorum.
Congressional trades
STOCK Act disclosures (90-day window)
Amounts are STOCK Act brackets as disclosed. Quorum does not turn a bracket into an exact price or a midpoint.
Recent trades
| Date | Representative | Type | Amount |
|---|---|---|---|
| 2026-08-10 | Ro Khanna | Sale | $1,001 - $15,000 |
| 2026-07-10 | Daniel Milton Newhouse | Sale (Partial) | $1,001 - $15,000 |
| 2026-07-07 | Ro Khanna | Purchase | $1,001 - $15,000 |
| 2026-04-14 | Gilbert Cisneros | Sale (Full) | $1,001 - $15,000 |
| 2026-03-13 | Gilbert Cisneros | Purchase | $1,001 - $15,000 |
| 2026-02-19 | Tony Wied | Sale | $15,001 - $50,000 |
| 2026-01-13 | Ro Khanna | Purchase | $1,001 - $15,000 |
| 2025-10-31 | Lisa C. McClain | Sale (Full) | $1,001 - $15,000 |
| 2025-10-30 | Lisa C. McClain | Sale (Full) | $1,001 - $15,000 |
| 2025-10-30 | Lisa C. McClain | Purchase | $1,001 - $15,000 |
| 2025-10-27 | Tony Wied | Sale | $15,001 - $50,000 |
| 2025-10-09 | Byron Donalds | Purchase | $1,001 - $15,000 |
| 2025-10-09 | Byron Donalds | Purchase | $1,001 - $15,000 |
| 2025-09-05 | Ro Khanna | Sale | $1,001 - $15,000 |
| 2025-09-04 | Byron Donalds | Sale (Full) | $1,001 - $15,000 |
| 2025-09-04 | Byron Donalds | Sale (Full) | $1,001 - $15,000 |
| 2025-08-26 | Ro Khanna | Purchase | $1,001 - $15,000 |
| 2025-08-13 | Lisa C. McClain | Purchase | $1,001 - $15,000 |
| 2025-05-12 | Jefferson Shreve | Sale (Full) | $15,001 - $50,000 |
| 2025-04-11 | Daniel Milton Newhouse | Sale (Partial) | $1,001 - $15,000 |
| 2025-04-08 | Michael T. McCaul | Purchase | $15,001 - $50,000 |
| 2025-02-13 | Byron Donalds | Purchase | $1,001 - $15,000 |
| 2025-02-13 | Byron Donalds | Purchase | $1,001 - $15,000 |
| 2025-01-13 | Robert P. Bresnahan | Sale (Full) | $1,001 - $15,000 |
| 2024-11-19 | Michael T. McCaul | Sale | $50,001 - $100,000 |
| 2024-11-12 | Michael T. McCaul | Purchase | $15,001 - $50,000 |
| 2024-11-12 | Michael T. McCaul | Purchase | $15,001 - $50,000 |
| 2024-11-12 | Michael T. McCaul | Purchase | $15,001 - $50,000 |
| 2024-10-25 | Michael T. McCaul | Purchase | $15,001 - $50,000 |
| 2024-09-09 | Ro Khanna | Purchase | $1,001 - $15,000 |
| 2024-08-26 | Michael T. McCaul | Sale | $1,001 - $15,000 |
| 2024-04-10 | Daniel Milton Newhouse | Purchase | $1,001 - $15,000 |
| 2024-03-20 | Ro Khanna | Purchase | $1,001 - $15,000 |
| 2024-02-13 | Ro Khanna | Sale | $1,001 - $15,000 |
| 2023-11-03 | Ro Khanna | Sale | $1,001 - $15,000 |
| 2023-10-27 | Michael T. McCaul | Sale | $15,001 - $50,000 |
| 2023-10-27 | Michael T. McCaul | Sale | $15,001 - $50,000 |
| 2023-10-02 | Ro Khanna | Purchase | $1,001 - $15,000 |
| 2023-08-31 | Michael T. McCaul | Purchase | $15,001 - $50,000 |
| 2023-08-31 | Michael T. McCaul | Purchase | $15,001 - $50,000 |
| 2023-08-29 | Ro Khanna | Sale | $1,001 - $15,000 |
| 2023-08-23 | Michael T. McCaul | Purchase | $50,001 - $100,000 |
| 2023-08-23 | Michael T. McCaul | Purchase | $15,001 - $50,000 |
| 2023-08-08 | Michael T. McCaul | Purchase | $15,001 - $50,000 |
| 2023-08-08 | Michael T. McCaul | Purchase | $50,001 - $100,000 |
| 2023-07-28 | Ro Khanna | Purchase | $1,001 - $15,000 |
| 2023-06-26 | Ro Khanna | Purchase | $1,001 - $15,000 |
| 2023-04-10 | Ro Khanna | Sale | $1,001 - $15,000 |
| 2023-03-14 | Ro Khanna | Purchase | $1,001 - $15,000 |
| 2023-01-09 | Ro Khanna | Purchase | $1,001 - $15,000 |
| 2022-12-06 | Ro Khanna | Sale | $1,001 - $15,000 |
| 2022-12-06 | Ro Khanna | Sale | $1,001 - $15,000 |
| 2022-11-15 | Diana Harshbarger | Purchase | $1,001 - $15,000 |
| 2022-11-15 | Diana Harshbarger | Purchase | $1,001 - $15,000 |
| 2022-11-15 | Diana Harshbarger | Purchase | $1,001 - $15,000 |
| 2022-11-03 | Ro Khanna | Purchase | $1,001 - $15,000 |
| 2022-11-02 | Ro Khanna | Purchase | $1,001 - $15,000 |
| 2022-09-08 | Ro Khanna | Purchase | $1,001 - $15,000 |
| 2022-08-23 | Ro Khanna | Sale | $1,001 - $15,000 |
| 2022-06-17 | Ro Khanna | Sale | $1,001 - $15,000 |
| 2022-06-16 | Ro Khanna | Purchase | $1,001 - $15,000 |
| 2022-05-05 | Ro Khanna | Sale | $15,001 - $50,000 |
| 2022-04-21 | Ro Khanna | Purchase | $1,001 - $15,000 |
| 2022-04-11 | Ro Khanna | Purchase | $1,001 - $15,000 |
| 2022-03-08 | Daniel Milton Newhouse | Purchase | $1,001 - $15,000 |
| 2022-02-17 | Ro Khanna | Purchase | $1,001 - $15,000 |
| 2021-01-28 | Susie Lee | Sale (Full) | $1,001 - $15,000 |
| 2020-11-27 | Michael T. McCaul | Purchase | $15,001 - $50,000 |
| 2020-11-27 | Michael T. McCaul | Purchase | $15,001 - $50,000 |
| 2020-11-25 | Michael T. McCaul | Purchase | $50,001 - $100,000 |
| 2020-11-25 | Michael T. McCaul | Purchase | $15,001 - $50,000 |
| 2020-11-24 | Michael T. McCaul | Purchase | $15,001 - $50,000 |
| 2020-11-24 | Michael T. McCaul | Purchase | $15,001 - $50,000 |
| 2020-10-28 | Susan A. Davis | Purchase | $1,001 - $15,000 |
| 2020-03-16 | Susan A. Davis | Purchase | $15,001 - $50,000 |
| 2020-02-11 | Susan A. Davis | Sale (Partial) | $15,001 - $50,000 |
| 2019-06-24 | Donna Shalala | Sale (Full) | $1,001 - $15,000 |
| 2019-04-25 | Susie Lee | Sale (Full) | $1,001 - $15,000 |
| 2019-03-20 | Susie Lee | Sale (Partial) | $1,001 - $15,000 |
| 2019-03-13 | Susie Lee | Sale (Partial) | $1,001 - $15,000 |
| 2019-02-27 | Susie Lee | Purchase | $1,001 - $15,000 |
| 2018-08-28 | Carlos Curbelo | Purchase | $1,001 - $15,000 |
Signal
Neutral signalScored 2026-10-27 Drivers: Congress, trend, fundamentals. Insiders: neutral. Moteurs : Congrès, tendance, fondamentaux. Initiés : neutre.
Fortinet's solid financial foundation (gross margin >80%, ROIC ~29%, strong FCF) provides a healthy base, but the low catalyst score (30) driven by heavy insider selling ($26M) and margin pressure concerns from…
The first sentence of the analysis written for FTNT on 2026-10-27 - a real excerpt, not a sample. The rest of it, the 0-100 score and the rating it produced are part of Plus. See plans.
Factor checklist — research, not advice
A check leans with a bullish reading. A cross leans against it. A dash is unavailable or mixed.
- Insider Unavailable or mixed. – Insider: neutral. All sales (≈ $158K) were pre-planned Rule 10b5-1 trades, excluded from the score. No open-market buys or discretionary sales. – Initiés : neutre. Toutes les ventes (≈ $158K) sont sous plan 10b5-1 préétabli, exclues du score. Aucun achat ni vente discrétionnaire.
- Narrative Unavailable or mixed. Stored narrative reading is in the neutral band
- Congress Supports a bullish reading. 3 purchase disclosures year to date
- Timing Supports a bullish reading. Interesting trend — weekly bias up
- Financial indicators Supports a bullish reading. Current ratio 1.17 · operating margin 31%
Suggested stop 148.81, nearest stored support minus 0.5 ATR(18.8% under the last close). Reward/risk to the next stored resistance is 0.11. Wait — that reward/risk is under 2. Research, not advice. Not an order.
Recent news
- 2026-10-26 Fortinet Stock Before Q3 Earnings: Buy Now or Wait for Results? FTNT heads into Q3 earnings with strong SASE Firewall demand, AI-security expansion and buybacks, but premium valuation and margin pressures raise questions.
- 2026-10-26 Fortinet (FTNT) Is Up 6.42% in One Week: What You Should Know Does Fortinet (FTNT) have what it takes to be a top stock pick for momentum investors? Let''s find out.
- 2026-10-26 Top AI-Powered Cybersecurity Stocks to Buy as Digital Threats Rise Growing AI adoption and escalating cyber threats are boosting demand for smarter security tools, creating opportunities for AI-powered cybersecurity stocks.
- 2026-10-26 Cybersecurity ETFs in Spotlight as AI''s Black October Unfolds AI-discovered vulnerabilities during "Black October" have put cybersecurity ETFs in the spotlight, with four funds posting gains up to 63.9% year to date.
- 2026-10-26 Fortinet Expands AI Security with the FortiGuard Inline AI Security Service SUNNYVALE, Calif., Oct. 26, 2026 (GLOBE NEWSWIRE) -- Fortinet® (NASDAQ: FTNT), the global cybersecurity leader driving the convergence of networking and security, today announced the new FortiGuard Inline AI Security Service, delivering AI-specific inspection and guardrails to FortiGate customers through a cloud-delivered service.
- 2026-10-24 Fortinet, Inc. $FTNT Stock: Atlatl Advisers LLC Increases Position Atlatl Advisers LLC boosted its position in shares of Fortinet, Inc. (NASDAQ: FTNT) by 6,534.8% in the third quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 43,126 shares of the software maker''s stock after purchasing an additional 42,476 shares during
- 2026-10-24 10,159 Fortinet, Inc. $FTNT Shares Sold by Carderock Capital Management Inc. Carderock Capital Management Inc. trimmed its position in shares of Fortinet, Inc. (NASDAQ: FTNT) by 11.1% during the undefined quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 81,241 shares of the software maker''s stock after selling 10,159 shares during the quarter. Fortinet makes
- 2026-10-23 Fortinet growth outlook for 2027 becomes key test for investors, says Jefferies Jefferies has maintained a ''hold'' rating on Fortinet Inc (NASDAQ:FTNT) arguing that its next earnings outlook will matter more than another strong quarter as investors assess whether product growth can endure into financial year 2027. The broker expects product revenue growth of around 50% year on year in the third quarter, well above the 31% consensus forecast, supported by positive industry checks, pricing increases and accelerated firewall replacement activity.
- 2026-10-23 Exploring Analyst Estimates for Fortinet (FTNT) Q3 Earnings, Beyond Revenue and EPS Looking beyond Wall Street''s top-and-bottom-line estimate forecasts for Fortinet (FTNT), delve into some of its key metrics to gain a deeper insight into the company''s potential performance for the quarter ended September 2026.
- 2026-10-21 Fortinet (FTNT) Exceeds Market Returns: Some Facts to Consider Fortinet (FTNT) closed at $174.05 in the latest trading session, marking a +1.83% move from the prior day.
Market snapshot
Financial ratios
| Metric | Trend | 2025-12-31 | 2024-12-31 | 2023-12-31 | 2022-12-31 | 2021-12-31 |
|---|---|---|---|---|---|---|
| Gross Profit Margin | 80.8% | 80.6% | 76.7% | 75.4% | 76.6% | |
| Ebit Margin | 34.0% | 34.9% | 25.5% | 22.0% | 19.2% | |
| Ebitda Margin | 36.2% | 37.0% | 27.7% | 24.4% | 21.8% | |
| Operating Profit Margin | 30.6% | 30.3% | 23.4% | 21.9% | 19.5% | |
| Pretax Profit Margin | 33.7% | 34.1% | 24.3% | 20.1% | 18.6% | |
| Continuous Operations Profit Margin | 27.3% | 29.3% | 21.6% | 19.4% | 18.2% | |
| Net Profit Margin | 27.3% | 29.3% | 21.6% | 19.4% | 18.2% | |
| Bottom Line Profit Margin | 27.3% | 29.3% | 21.6% | 19.4% | 18.2% | |
| Current Ratio | 1.172 | 1.471 | 1.191 | 1.238 | 1.553 | |
| Quick Ratio | 1.093 | 1.393 | 1.060 | 1.152 | 1.477 | |
| Solvency Ratio | 0.219 | 0.226 | 0.163 | 0.148 | 0.135 | |
| Cash Ratio | 0.496 | 0.708 | 0.376 | 0.547 | 0.569 | |
| Price To Earnings Ratio | 32.545 | 41.439 | 39.816 | 45.269 | 97.135 | |
| Price To Earnings Growth Ratio | 4.638 | 0.752 | 1.103 | 0.985 | 4.163 | |
| Forward Price To Earnings Growth Ratio | 4.638 | 0.752 | 1.103 | 0.985 | 4.163 | |
| Price To Earnings Diluted Ratio | 32.679 | 41.805 | 40.089 | 46.123 | 98.466 | |
| Price To Earnings Diluted Growth Ratio | 4.344 | 0.763 | 1.062 | 1.020 | 3.807 | |
| Price To Book Ratio | 47.685 | 48.347 | -98.342 | -137.399 | 75.034 | |
| Price To Sales Ratio | 8.678 | 12.126 | 8.591 | 8.759 | 17.550 | |
| Price To Free Cash Flow Ratio | 26.512 | 38.432 | 26.321 | 26.695 | 48.724 | |
| Price To Operating Cash Flow Ratio | 22.778 | 31.983 | 23.545 | 22.357 | 39.111 | |
| Debt To Assets Ratio | 0.096 | 0.102 | 0.137 | 0.159 | 0.167 | |
| Debt To Equity Ratio | 0.805 | 0.666 | -2.141 | -3.517 | 1.264 | |
| Debt To Capital Ratio | 0.446 | 0.400 | 1.876 | 1.397 | 0.558 | |
| Long Term Debt To Capital Ratio | 0.286 | 0.400 | 1.876 | 1.397 | 0.558 | |
| Financial Leverage Ratio | 8.395 | 6.536 | -15.664 | -22.116 | 7.572 | |
| Working Capital Turnover Ratio | 4.897 | 4.546 | 7.361 | 4.386 | 3.048 | |
| Operating Cash Flow Ratio | 0.515 | 0.556 | 0.520 | 0.562 | 0.647 | |
| Operating Cash Flow Sales Ratio | 0.381 | 0.379 | 0.365 | 0.392 | 0.449 | |
| Free Cash Flow Operating Cash Flow Ratio | 0.859 | 0.832 | 0.895 | 0.838 | 0.803 | |
| Debt Service Coverage Ratio | 3.897 | 95.870 | 63.062 | 58.167 | 47.893 | |
| Interest Coverage Ratio | 103.582 | 90.170 | 59.100 | 53.867 | 43.651 | |
| Short Term Operating Cash Flow Coverage Ratio | 5.184 | 0.000 | 0.000 | 0.000 | 0.000 | |
| Operating Cash Flow Coverage Ratio | 2.600 | 2.271 | 1.951 | 1.747 | 1.517 | |
| Capital Expenditure Coverage Ratio | 7.101 | 5.960 | 9.483 | 6.154 | 5.068 | |
| Dividend Paid And Capex Coverage Ratio | 7.101 | 5.960 | 9.483 | 6.154 | 5.068 | |
| Dividend Payout Ratio | 0.000 | 0.000 | 0.000 | 0.000 | 0.000 | |
| Enterprise Value Multiple | 23.335 | 31.953 | 30.765 | 35.256 | 80.148 |
Sparkline shows each ratio oldest → newest (left → right).
How the latest year compares
For each ratio: its most recent value, the change versus one year earlier, and versus its 5-year average. ▲ higher ▼ lower
| Metric | Current | vs 1Y ago | vs 5Y avg |
|---|---|---|---|
| Gross Profit Margin | 80.8% | ▲0.3% | ▲2.8% |
| Ebit Margin | 34.0% | ▼-0.9% | ▲6.9% |
| Ebitda Margin | 36.2% | ▼-0.7% | ▲6.8% |
| Operating Profit Margin | 30.6% | ▲0.3% | ▲5.5% |
| Pretax Profit Margin | 33.7% | ▼-0.4% | ▲7.6% |
| Continuous Operations Profit Margin | 27.3% | ▼-2.1% | ▲4.1% |
| Net Profit Margin | 27.3% | ▼-2.1% | ▲4.1% |
| Bottom Line Profit Margin | 27.3% | ▼-2.1% | ▲4.1% |
| Current Ratio | 1.172 | ▼-0.298 | ▼-0.153 |
| Quick Ratio | 1.093 | ▼-0.300 | ▼-0.142 |
| Solvency Ratio | 0.219 | ▼-0.007 | ▲0.041 |
| Cash Ratio | 0.496 | ▼-0.212 | ▼-0.043 |
| Price To Earnings Ratio | 32.545 | ▼-8.893 | ▼-18.696 |
| Price To Earnings Growth Ratio | 4.638 | ▲3.886 | ▲2.310 |
| Forward Price To Earnings Growth Ratio | 4.638 | ▲3.886 | ▲2.310 |
| Price To Earnings Diluted Ratio | 32.679 | ▼-9.126 | ▼-19.153 |
| Price To Earnings Diluted Growth Ratio | 4.344 | ▲3.581 | ▲2.145 |
| Price To Book Ratio | 47.684 | ▼-0.662 | ▲60.620 |
| Price To Sales Ratio | 8.678 | ▼-3.448 | ▼-2.462 |
| Price To Free Cash Flow Ratio | 26.512 | ▼-11.920 | ▼-6.825 |
| Price To Operating Cash Flow Ratio | 22.778 | ▼-9.204 | ▼-5.176 |
| Debt To Assets Ratio | 0.096 | ▼-0.006 | ▼-0.036 |
| Debt To Equity Ratio | 0.805 | ▲0.140 | ▲1.390 |
| Debt To Capital Ratio | 0.446 | ▲0.046 | ▼-0.489 |
| Long Term Debt To Capital Ratio | 0.286 | ▼-0.113 | ▼-0.617 |
| Financial Leverage Ratio | 8.395 | ▲1.860 | ▲11.451 |
| Working Capital Turnover Ratio | 4.897 | ▲0.351 | ▲0.050 |
| Operating Cash Flow Ratio | 0.515 | ▼-0.042 | ▼-0.045 |
| Operating Cash Flow Sales Ratio | 0.381 | ▲0.002 | ▼-0.012 |
| Free Cash Flow Operating Cash Flow Ratio | 0.859 | ▲0.027 | ▲0.014 |
| Debt Service Coverage Ratio | 3.897 | ▼-91.973 | ▼-49.881 |
| Interest Coverage Ratio | 103.582 | ▲13.412 | ▲33.508 |
| Short Term Operating Cash Flow Coverage Ratio | 5.184 | ▲5.184 | ▲4.147 |
| Operating Cash Flow Coverage Ratio | 2.600 | ▲0.329 | ▲0.583 |
| Capital Expenditure Coverage Ratio | 7.101 | ▲1.142 | ▲0.348 |
| Dividend Paid And Capex Coverage Ratio | 7.101 | ▲1.142 | ▲0.348 |
| Dividend Payout Ratio | 0.000 | 0.000 | 0.000 |
| Enterprise Value Multiple | 23.335 | ▼-8.619 | ▼-16.957 |
Key metrics
| Metric | Trend | 2025 | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|---|---|
| Market cap | $59.01B | $72.22B | $45.57B | $38.69B | $58.65B | |
| Enterprise value | $57.51B | $70.34B | $45.17B | $38.00B | $58.32B | |
| EV / Sales | 8.46x | 11.81x | 8.51x | 8.60x | 17.45x | |
| EV / Op. cash flow | 22.20x | 31.15x | 23.34x | 21.96x | 38.89x | |
| EV / Free cash flow | 25.84x | 37.43x | 26.09x | 26.22x | 48.45x | |
| EV / EBITDA | 23.34x | 31.95x | 30.77x | 35.26x | 80.15x | |
| Net debt / EBITDA | -0.61x | -0.85x | -0.28x | -0.64x | -0.45x | |
| Current ratio | 1.17x | 1.47x | 1.19x | 1.24x | 1.55x | |
| Income quality | 1.40x | 1.29x | 1.69x | 2.02x | 2.47x | |
| Graham number | $10 | $10 | — | — | $4 | |
| Graham net-net | -$6 | -$4 | -$5 | -$4 | -$2 | |
| Tax burden | 80.8% | 86.0% | 88.9% | 96.6% | 97.7% | |
| Interest burden | 99.1% | 97.6% | 95.3% | 91.2% | 96.5% | |
| Working capital | $866.2M | $1.91B | $709.3M | $732.0M | $1.28B | |
| Invested capital | $2.84B | $3.61B | $1.92B | $1.81B | $2.16B | |
| Return on assets | 17.8% | 17.9% | 15.8% | 13.8% | 10.3% | |
| Operating ROA | 20.7% | 21.2% | 18.4% | 16.0% | 13.1% | |
| Return on tangible assets | 18.5% | 18.5% | 16.2% | 14.2% | 10.6% | |
| Return on equity | 149.8% | 116.8% | -247.7% | -304.4% | 77.6% | |
| Return on invested capital | 28.7% | 27.2% | 31.2% | 29.7% | 17.7% | |
| Return on capital employed | 38.9% | 31.6% | 35.1% | 30.8% | 18.1% | |
| Earnings yield | 3.1% | 2.4% | 2.5% | 2.2% | 1.0% | |
| Free cash flow yield | 3.8% | 2.6% | 3.8% | 3.7% | 2.1% | |
| Capex / Op. cash flow | 14.1% | 16.8% | 10.5% | 16.2% | 19.7% | |
| Capex / Depreciation | 240.0% | 308.6% | 180.0% | 269.6% | 350.6% | |
| Capex / Sales | 5.4% | 6.4% | 3.8% | 6.4% | 8.9% | |
| SG&A / Sales | 38.0% | 38.3% | 41.8% | 42.0% | 44.6% | |
| R&D / Sales | 12.0% | 12.0% | 11.6% | 11.6% | 12.7% | |
| Stock comp / Sales | 4.1% | 4.3% | 4.7% | 4.9% | 6.2% | |
| Intangibles / Total assets | 3.4% | 3.6% | 2.2% | 3.0% | 3.2% | |
| Days sales outstanding | 91d | 90d | 96d | 104d | 88d | |
| Days payables outstanding | 65d | 60d | 60d | 82d | 69d | |
| Operating cycle | 203d | 189d | 239d | 193d | 170d | |
| Cash conversion cycle | 138d | 129d | 179d | 111d | 101d |
Change by theme
Grouped by what each metric measures. Each figure is the change over the period shown — ▲ up ▼ down versus then.
Change over 1 year
Change over 5 years