Earnings Summary

Fortinet Inc.’s revenue jumped 13% since last year same period to $1508.1Mn in the Q3 2024. On a quarterly growth basis, Fortinet Inc. has generated 5.15% jump in its revenue since last 3-months.

Fortinet Inc.’s net profit jumped 67.2% since last year same period to $539.9Mn in the Q3 2024. On a quarterly growth basis, Fortinet Inc. has generated 42.15% jump in its net profits since last 3-months.

Fortinet Inc.’s net profit margin jumped 47.97% since last year same period to 35.8% in the Q3 2024. On a quarterly growth basis, Fortinet Inc. has generated 35.2% jump in its net profit margins since last 3-months.

Fortinet Inc.’s price-to-earnings ratio after this Q3 2024 earnings stands at 47.36.

Fortinet Inc.’s earning per share (EPS) estimates for the current year stand at 0.38.

Fortinet Inc.’s earning per share (EPS) jumped 53.66% since last year same period to 0.63 in the Q3 2024. This indicates that the Fortinet Inc. has generated 53.66% annual rate of jump in its earning per share (EPS) in the last 4 quarters.

Return on assets (ROA) indicates the profitability of the company in relation to its total assets. This ratio tells the financial health of the company. The higher the ROA, the better the company’s financial health. If any company has a ROA in the range of 5% to 20% - it is generally considered good. ROA above 20% is generally considered excellent. Fortinet Inc.’s return on assets (ROA) stands at 0.12.

The Return On Equity ratio indicates a company’s ability to turn equity capital received from shareholders into profits. ROE highlights the efficiency of equity capital in running the business. Generally, a return on equity in double digits is considered good. Fortinet Inc.’s return on equity (ROE) stands at 0.31.