Fortinet Free Cash Flow Yield from 2010 to 2024

FTNT Stock  USD 94.02  1.57  1.70%   
Fortinet Free Cash Flow Yield yearly trend continues to be comparatively stable with very little volatility. Free Cash Flow Yield is likely to outpace its year average in 2024. Free Cash Flow Yield is a financial solvency ratio that compares the free cash flow per share Fortinet is expected to earn against its market value per share, calculated as free cash flow per share divided by market price per share. View All Fundamentals
 
Free Cash Flow Yield  
First Reported
2010-12-31
Previous Quarter
0.03799308
Current Value
0.0518
Quarterly Volatility
0.01415971
 
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.
For more information on how to buy Fortinet Stock please use our How to Invest in Fortinet guide.

Latest Fortinet's Free Cash Flow Yield Growth Pattern

Below is the plot of the Free Cash Flow Yield of Fortinet over the last few years. It is a financial solvency ratio that compares the free cash flow per share a company is expected to earn against its market value per share, calculated as free cash flow per share divided by market price per share. Fortinet's Free Cash Flow Yield 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.
Free Cash Flow Yield10 Years Trend
Pretty Stable
   Free Cash Flow Yield   
       Timeline  

Fortinet Free Cash Flow Yield Regression Statistics

Arithmetic Mean0.04
Geometric Mean0.03
Coefficient Of Variation35.34
Mean Deviation0.01
Median0.04
Standard Deviation0.01
Sample Variance0.0002
Range0.0579
R-Value0.22
Mean Square Error0.0002
R-Squared0.05
Significance0.43
Slope0.0007
Total Sum of Squares0

Fortinet Free Cash Flow Yield History

2024 0.0518
2023 0.038
2022 0.0375
2021 0.0205
2020 0.0393
2019 0.0392
2018 0.0492

About Fortinet Financial Statements

Fortinet shareholders use historical fundamental indicators, such as Free Cash Flow Yield, 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
Free Cash Flow Yield 0.04  0.05 

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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.