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Screener Weekly Summary Pricing

Fortinet, Inc. FTNT

Technology  —  Software Infrastructure
173.46 (5.21) (2.92%) as of 25 Sep
Market cap
$130.0B
P/E
60.7×
S&P 500 Member Cash Flow Champion (10y) Revenue Champion (10y)
Indexes indicate stock being part of an index,
Growth Flags show if company had growth for consecutive years
Overview Business Profile Financial Analysis Income Statement Balance Sheet Cash Flow Metrics & Ratios 10-Q 10-K

Fortinet, Inc. (FTNT) P/S ratio

As of 25 September 2026, Fortinet, Inc. (FTNT) trades at a P/S ratio of 16.9×. Over the past ten years it has ranged from 4.0× (February 2016) to 19.2× (December 2021); the current reading is higher than 98% of that period. That is above the Software Infrastructure industry median of 3.1× and above the Technology sector median of 2.9×.

P/S ratio, daily

Annual

Period P/S ratio Change
FY2025 8.9× (27.00%)
FY2024 12.1× 42.99%
FY2023 8.5× (2.44%)
FY2022 8.7× (50.47%)
FY2021 17.6× 86.68%
FY2020 9.4× 11.40%
FY2019 8.4× 27.84%
FY2018 6.6× 27.66%
FY2017 5.2× 26.95%
FY2016 4.1× (22.54%)

Quarterly

Period P/S ratio Change
Jun 2026 15.0× 76.18%
Mar 2026 8.5× (4.07%)
Dec 2025 8.9× (8.65%)
Sep 2025 9.7× (24.10%)
42 more quarters

Against its own ten years

Low 4.0× High 19.2×
Ten-year median 8.8×
Current reading's percentile 98

P/S ratio against peers

Company P/S ratio
XYZ Block, Inc. compare 1.8×
CRWV CoreWeave Inc. compare 6.3×
TWLO Twilio Inc. compare 7.6×
SNPS Synopsys, Inc. compare 8.7×
FTNT Fortinet, Inc. 16.9×
PANW Palo Alto Networks, Inc. compare 24.4×
CRWD CrowdStrike compare 47.6×
NBIS Nebius Group N.V. compare 49.1×
NET Cloudflare, Inc. compare 49.2×
Software Infrastructure industry median 3.1×
Technology sector median 2.9×
Market median 2.0×

What P/S ratio is

Price to Sales Ratio shows how much investors pay for each dollar of a company’s annual sales, whether or not it is profitable.

(Stock Price × Shares (Basic, Weighted) (latest quarter)) ÷ Revenue (TTM)

The full definition of P/S ratio →

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