Fortinet Price To Free Cash Flows Ratio from 2010 to 2024

FTNT Stock  USD 93.12  0.35  0.38%   
Fortinet Price To Free Cash Flows Ratio yearly trend continues to be comparatively stable with very little volatility. Price To Free Cash Flows Ratio is likely to outpace its year average in 2024. From the period from 2010 to 2024, Fortinet Price To Free Cash Flows Ratio quarterly data regression had r-value of (0.39) and coefficient of variation of  193.06. View All Fundamentals
 
Price To Free Cash Flows Ratio  
First Reported
2010-12-31
Previous Quarter
26.32058334
Current Value
51.16
Quarterly Volatility
104.34386421
 
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 Price To Free Cash Flows Ratio Growth Pattern

Below is the plot of the Price To Free Cash Flows Ratio of Fortinet over the last few years. It is Fortinet's Price To Free Cash Flows Ratio 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.
Price To Free Cash Flows Ratio10 Years Trend
Slightly volatile
   Price To Free Cash Flows Ratio   
       Timeline  

Fortinet Price To Free Cash Flows Ratio Regression Statistics

Arithmetic Mean54.05
Geometric Mean31.13
Coefficient Of Variation193.06
Mean Deviation50.06
Median25.50
Standard Deviation104.34
Sample Variance10,888
Range413
R-Value(0.39)
Mean Square Error9,983
R-Squared0.15
Significance0.16
Slope(8.99)
Total Sum of Squares152,427

Fortinet Price To Free Cash Flows Ratio History

2024 51.16
2023 26.32
2022 26.69
2021 48.72
2020 25.47
2019 25.5
2018 20.33

About Fortinet Financial Statements

Fortinet shareholders use historical fundamental indicators, such as Price To Free Cash Flows Ratio, 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
Price To Free Cash Flows Ratio 26.32  51.16 

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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.