Fortinet Capex To Revenue from 2010 to 2024

FTNT Stock  USD 94.02  1.57  1.70%   
Fortinet Capex To Revenue yearly trend continues to be comparatively stable with very little volatility. Capex To Revenue will likely drop to 0.03 in 2024. Capex To Revenue is the ratio of a company's capital expenditures to its total revenue, indicating how much of the revenue is used for acquiring or maintaining physical assets. View All Fundamentals
 
Capex To Revenue  
First Reported
2010-12-31
Previous Quarter
0.03847459
Current Value
0.0298
Quarterly Volatility
0.02395458
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check Fortinet financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Fortinet's main balance sheet or income statement drivers, such as Depreciation And Amortization of 398.7 M, Interest Expense of 13.6 M or Selling General Administrative of 221.9 M, as well as many indicators such as Price To Sales Ratio of 5.5, Dividend Yield of 0.0 or Days Sales Outstanding of 68.9. Fortinet financial statements analysis is a perfect complement when working with Fortinet Valuation or Volatility modules.
  
Check out the analysis of Fortinet Correlation against competitors.
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Latest Fortinet's Capex To Revenue Growth Pattern

Below is the plot of the Capex To Revenue of Fortinet over the last few years. It is the ratio of a company's capital expenditures to its total revenue, indicating how much of the revenue is used for acquiring or maintaining physical assets. Fortinet's Capex To Revenue historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Fortinet's overall financial position and show how it may be relating to other accounts over time.
Capex To Revenue10 Years Trend
Slightly volatile
   Capex To Revenue   
       Timeline  

Fortinet Capex To Revenue Regression Statistics

Arithmetic Mean0.04
Geometric Mean0.04
Coefficient Of Variation55.70
Mean Deviation0.02
Median0.04
Standard Deviation0.02
Sample Variance0.0006
Range0.0822
R-Value0.47
Mean Square Error0.0005
R-Squared0.22
Significance0.08
Slope0
Total Sum of Squares0.01

Fortinet Capex To Revenue History

2024 0.0298
2023 0.0385
2022 0.0637
2021 0.0885
2020 0.0485
2019 0.0428
2018 0.0294

About Fortinet Financial Statements

Fortinet shareholders use historical fundamental indicators, such as Capex To Revenue, to determine how well the company is positioned to perform in the future. Although Fortinet investors may analyze each financial statement separately, they are all interrelated. The changes in Fortinet's assets and liabilities, for example, are also reflected in the revenues and expenses on on Fortinet's income statement. Understanding these patterns can help investors time the market effectively. Please read more on our fundamental analysis page.
Last ReportedProjected for Next Year
Capex To Revenue 0.04  0.03 

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Additional Tools for Fortinet Stock Analysis

When running Fortinet's price analysis, check to measure Fortinet's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Fortinet is operating at the current time. Most of Fortinet's value examination focuses on studying past and present price action to predict the probability of Fortinet's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Fortinet's price. Additionally, you may evaluate how the addition of Fortinet to your portfolios can decrease your overall portfolio volatility.