Fortinet, Inc. (FTNT) Free Cash Flow Yield: 2.36%
Is Fortinet, Inc.’s free cash flow yield high or low?
Fortinet, Inc.'s free cash flow yield of 2.36% is 20% below its 5-year average of 2.95%, near the low end of its 5-year range (1.88%–5.27%).
The free cash flow yield for Fortinet, Inc. (FTNT) is 2.36% as of Wednesday, June 10, 2026. It is below its 12-month average by 24.86% (3.14%).
FTNT Free Cash Flow Yield Chart
FTNT Average Free Cash Flow Yield Chart
FTNT Current vs Average Free Cash Flow Yield Chart
FTNT Free Cash Flow Yield Metrics
FREE CASH FLOW YIELD
2.36%
FREE CASH FLOW YIELD AVG TTM
3.14%
FREE CASH FLOW YIELD AVG 3Y
3.23%
FREE CASH FLOW YIELD AVG 5Y
2.95%
FREE CASH FLOW YIELD AVG 10Y
3.59%
FREE CASH FLOW YIELD AVG 15Y
3.64%
FREE CASH FLOW YIELD AVG 20Y
3.68%
CURRENT VS TTM AVG
-24.86%
CURRENT VS 3Y AVG
-26.82%
CURRENT VS 5Y AVG
-19.99%
CURRENT VS 10Y AVG
-34.28%
CURRENT VS 15Y AVG
-35.17%
CURRENT VS 20Y AVG
-35.94%
FTNT Competitors' Free Cash Flow Yield
| NAME | MARKET CAP | FREE CASH FLOW YIELD | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| Fortinet, Inc. (FTNT) | — | 2.36% | 3.14% | 3.23% | 2.95% |
| Accenture plc (ACN) | $104.93B | 11.78% | 7.74% | 5.46% | 4.97% |
| Cadence Design Systems, Inc. (CDNS) | $105.80B | 1.36% | 1.71% | 1.57% | 1.83% |
| Adobe Inc. (ADBE) | $94.61B | 10.71% | 7.59% | 4.72% | 4.22% |
| ServiceNow, Inc. (NOW) | $109.38B | 4.20% | 2.91% | 2.17% | 2.05% |
| Synopsys, Inc. (SNPS) | $87.82B | 3.05% | 2.04% | 1.80% | 2.21% |
| Snowflake Inc. (SNOW) | $83.15B | 1.41% | 1.29% | 1.42% | 1.11% |
| Datadog, Inc. (DDOG) | $81.03B | 1.30% | 1.88% | 1.64% | 1.34% |
| Intuit Inc. (INTU) | $77.74B | 9.83% | 4.35% | 3.37% | 3.11% |
| Cloudflare, Inc. (NET) | $77.62B | 0.46% | 0.34% | 0.39% | 0.38% |
Yield Comparison
FCF Yield
2.36%
Earnings Yield
1.86%
Dividend Yield
N/A
Formula: FCF Yield = (Free Cash Flow / Market Cap) × 100
How FCF Yield is used:
- Shows free cash flow after capital expenditures relative to market cap
- Can be compared with earnings yield and dividend yield
- Can be compared with the company's historical range
- Can be compared with peers that report positive free cash flow
FCF vs earnings: Differences between FCF yield and earnings yield can reflect capital expenditures, working capital changes, and other non-cash accounting items.
Fortinet, Inc. Free Cash Flow Yield Formula & Definition
FCF Yield measures free cash flow relative to market capitalization. It compares cash generation after capital expenditures with the equity value of the company.
Expanded definitions: Investopedia, Wikipedia, Corporate Finance Institute
Fortinet, Inc. Free Cash Flow Yield FAQ
- What is the free cash flow yield for Fortinet, Inc. (FTNT)?
- The free cash flow yield for FTNT stock is 2.36%.
- Is Fortinet, Inc.'s free cash flow yield high or low?
- Fortinet, Inc.'s free cash flow yield of 2.36% is 20% below its 5-year average of 2.95%, near the low end of its 5-year range (1.88%–5.27%).
- What is the TTM average free cash flow yield for Fortinet, Inc. (FTNT)?
- The TTM average free cash flow yield for FTNT stock is 3.14%.
- What is the 3Y average free cash flow yield for Fortinet, Inc. (FTNT)?
- The 3Y average free cash flow yield for FTNT stock is 3.23%.
- What is the 5Y average free cash flow yield for Fortinet, Inc. (FTNT)?
- The 5Y average free cash flow yield for FTNT stock is 2.95%.
- What is the 10Y average free cash flow yield for Fortinet, Inc. (FTNT)?
- The 10Y average free cash flow yield for FTNT stock is 3.59%.
- What is the 15Y average free cash flow yield for Fortinet, Inc. (FTNT)?
- The 15Y average free cash flow yield for FTNT stock is 3.64%.
- What is the 20Y average free cash flow yield for Fortinet, Inc. (FTNT)?
- The 20Y average free cash flow yield for FTNT stock is 3.68%.
Fortinet, Inc. Free Cash Flow Yield History
| DATE | FREE CASH FLOW YIELD |
|---|---|
| 2026-06-10 | 2.36% |
| 2026-06-09 | 2.37% |
| 2026-06-08 | 2.29% |
| 2026-06-05 | 2.27% |
| 2026-06-04 | 2.19% |
| 2026-06-03 | 2.24% |
| 2026-06-02 | 2.20% |
| 2026-06-01 | 2.23% |
| 2026-05-29 | 2.38% |
| 2026-05-28 | 2.53% |
| 2026-05-27 | 2.56% |
| 2026-05-26 | 2.45% |
| 2026-05-22 | 2.45% |
| 2026-05-21 | 2.53% |
| 2026-05-20 | 2.52% |
| 2026-05-19 | 2.57% |
| 2026-05-18 | 2.59% |
| 2026-05-15 | 2.67% |
| 2026-05-14 | 2.69% |
| 2026-05-13 | 2.79% |
| 2026-05-12 | 2.88% |
| 2026-05-11 | 2.84% |
| 2026-05-08 | 2.87% |
| 2026-05-07 | 3.04% |
| 2026-05-06 | 3.31% |
| 2026-05-05 | 3.31% |
| 2026-05-04 | 3.33% |
| 2026-05-01 | 3.45% |
| 2026-04-30 | 3.53% |
| 2026-04-29 | 3.46% |
| 2026-04-28 | 3.47% |
| 2026-04-27 | 3.47% |
| 2026-04-24 | 3.53% |
| 2026-04-23 | 3.60% |
| 2026-04-22 | 3.42% |
| 2026-04-21 | 3.49% |
| 2026-04-20 | 3.60% |
| 2026-04-17 | 3.64% |
| 2026-04-16 | 3.61% |
| 2026-04-15 | 3.74% |
| 2026-04-14 | 3.78% |
| 2026-04-13 | 3.78% |
| 2026-04-10 | 3.88% |
| 2026-04-09 | 3.69% |
| 2026-04-08 | 3.56% |
| 2026-04-07 | 3.55% |
| 2026-04-06 | 3.62% |
| 2026-04-02 | 3.61% |
| 2026-04-01 | 3.67% |
| 2026-03-31 | 3.64% |
| 2026-03-30 | 3.76% |
| 2026-03-27 | 3.81% |
| 2026-03-26 | 3.67% |
| 2026-03-25 | 3.77% |
| 2026-03-24 | 3.75% |
| 2026-03-23 | 3.59% |
| 2026-03-20 | 3.65% |
| 2026-03-19 | 3.58% |
| 2026-03-18 | 3.57% |
| 2026-03-17 | 3.58% |
| 2026-03-16 | 3.52% |
| 2026-03-13 | 3.57% |
| 2026-03-12 | 3.53% |
| 2026-03-11 | 3.57% |
| 2026-03-10 | 3.53% |
| 2026-03-09 | 3.55% |
| 2026-03-06 | 3.56% |
| 2026-03-05 | 3.52% |
| 2026-03-04 | 3.59% |
| 2026-03-03 | 3.67% |
| 2026-03-02 | 3.76% |
| 2026-02-27 | 3.77% |
| 2026-02-26 | 3.76% |
| 2026-02-25 | 3.85% |
| 2026-02-24 | 3.96% |
| 2026-02-23 | 3.48% |
| 2026-02-20 | 3.29% |
| 2026-02-19 | 3.22% |
| 2026-02-18 | 3.26% |
| 2026-02-17 | 3.22% |
| 2026-02-13 | 3.08% |
| 2026-02-12 | 3.13% |
| 2026-02-11 | 3.00% |
| 2026-02-10 | 3.08% |
| 2026-02-09 | 3.06% |
| 2026-02-06 | 3.18% |
| 2026-02-05 | 3.34% |
| 2026-02-04 | 3.25% |
| 2026-02-03 | 3.32% |
| 2026-02-02 | 3.24% |
| 2026-01-30 | 3.24% |
| 2026-01-29 | 3.23% |
| 2026-01-28 | 3.21% |
| 2026-01-27 | 3.22% |
| 2026-01-26 | 3.17% |
| 2026-01-23 | 3.23% |
| 2026-01-22 | 3.39% |
| 2026-01-21 | 3.48% |
| 2026-01-20 | 3.49% |
| 2026-01-16 | 3.49% |
| 2026-01-15 | 3.45% |
| 2026-01-14 | 3.45% |
| 2026-01-13 | 3.36% |
| 2026-01-12 | 3.35% |
| 2026-01-09 | 3.32% |
| 2026-01-08 | 3.37% |
| 2026-01-07 | 3.29% |
| 2026-01-06 | 3.36% |
| 2026-01-05 | 3.38% |
| 2026-01-02 | 3.38% |
| 2025-12-31 | 3.32% |
| 2025-12-30 | 3.28% |
| 2025-12-29 | 3.26% |
| 2025-12-26 | 3.23% |
| 2025-12-24 | 3.24% |
| 2025-12-23 | 3.26% |
| 2025-12-22 | 3.22% |
| 2025-12-19 | 3.28% |
| 2025-12-18 | 3.30% |
| 2025-12-17 | 3.32% |
| 2025-12-16 | 3.19% |
| 2025-12-15 | 3.23% |
| 2025-12-12 | 3.20% |
| 2025-12-11 | 3.19% |
| 2025-12-10 | 3.23% |
| 2025-12-09 | 3.15% |
| 2025-12-08 | 3.15% |
| 2025-12-05 | 3.03% |
| 2025-12-04 | 3.09% |
| 2025-12-03 | 3.18% |
| 2025-12-02 | 3.18% |
| 2025-12-01 | 3.22% |
| 2025-11-28 | 3.25% |
| 2025-11-26 | 3.27% |
| 2025-11-25 | 3.26% |
| 2025-11-24 | 3.30% |
| 2025-11-21 | 3.34% |
| 2025-11-20 | 3.37% |
| 2025-11-19 | 3.30% |
| 2025-11-18 | 3.29% |
| 2025-11-17 | 3.21% |
| 2025-11-14 | 3.20% |
| 2025-11-13 | 3.25% |
| 2025-11-12 | 3.21% |
| 2025-11-11 | 3.15% |
| 2025-11-10 | 3.20% |
| 2025-11-07 | 3.22% |
| 2025-11-06 | 3.27% |
| 2025-11-05 | 3.05% |
| 2025-11-04 | 3.08% |
| 2025-11-03 | 3.00% |
| 2025-10-31 | 3.04% |
| 2025-10-30 | 3.12% |
| 2025-10-29 | 3.12% |
| 2025-10-28 | 3.06% |
| 2025-10-27 | 3.08% |
| 2025-10-24 | 3.07% |
| 2025-10-23 | 3.09% |
| 2025-10-22 | 3.10% |
| 2025-10-21 | 3.09% |
| 2025-10-20 | 3.09% |
| 2025-10-17 | 3.14% |
| 2025-10-16 | 3.16% |
| 2025-10-15 | 3.14% |
| 2025-10-14 | 3.16% |
| 2025-10-13 | 3.12% |
| 2025-10-10 | 3.16% |
| 2025-10-09 | 3.04% |
| 2025-10-08 | 3.03% |
| 2025-10-07 | 3.09% |
| 2025-10-06 | 3.04% |
| 2025-10-03 | 3.06% |
| 2025-10-02 | 3.04% |
| 2025-10-01 | 3.08% |
| 2025-09-30 | 3.12% |
| 2025-09-29 | 3.10% |
| 2025-09-26 | 3.11% |
| 2025-09-25 | 3.15% |
| 2025-09-24 | 3.14% |
| 2025-09-23 | 3.08% |
| 2025-09-22 | 3.09% |
| 2025-09-19 | 3.12% |
| 2025-09-18 | 3.24% |
| 2025-09-17 | 3.27% |
| 2025-09-16 | 3.29% |
| 2025-09-15 | 3.24% |
| 2025-09-12 | 3.29% |
| 2025-09-11 | 3.24% |
| 2025-09-10 | 3.30% |
| 2025-09-09 | 3.29% |
| 2025-09-08 | 3.26% |
| 2025-09-05 | 3.33% |
| 2025-09-04 | 3.43% |
| 2025-09-03 | 3.43% |
| 2025-09-02 | 3.41% |
| 2025-08-29 | 3.33% |
| 2025-08-28 | 3.31% |
| 2025-08-27 | 3.36% |
| 2025-08-26 | 3.38% |
| 2025-08-25 | 3.38% |
| 2025-08-22 | 3.28% |
| 2025-08-21 | 3.37% |
| 2025-08-20 | 3.30% |
| 2025-08-19 | 3.36% |
| 2025-08-18 | 3.25% |
| 2025-08-15 | 3.32% |
| 2025-08-14 | 3.40% |
| 2025-08-13 | 3.31% |
| 2025-08-12 | 3.34% |
| 2025-08-11 | 3.52% |
| 2025-08-08 | 3.53% |
| 2025-08-07 | 3.48% |
| 2025-08-06 | 2.76% |
| 2025-08-05 | 2.77% |
| 2025-08-04 | 2.70% |
| 2025-08-01 | 2.73% |
| 2025-07-31 | 2.66% |
| 2025-07-30 | 2.62% |
| 2025-07-29 | 2.54% |
| 2025-07-28 | 2.54% |
| 2025-07-25 | 2.54% |
| 2025-07-24 | 2.54% |
| 2025-07-23 | 2.53% |
| 2025-07-22 | 2.54% |
| 2025-07-21 | 2.49% |
| 2025-07-18 | 2.52% |
| 2025-07-17 | 2.54% |
| 2025-07-16 | 2.57% |
| 2025-07-15 | 2.54% |
| 2025-07-14 | 2.58% |
| 2025-07-11 | 2.69% |
| 2025-07-10 | 2.66% |
| 2025-07-09 | 2.47% |
| 2025-07-08 | 2.48% |
| 2025-07-07 | 2.50% |
| 2025-07-03 | 2.52% |
| 2025-07-02 | 2.60% |
| 2025-07-01 | 2.60% |
| 2025-06-30 | 2.52% |
| 2025-06-27 | 2.58% |
| 2025-06-26 | 2.56% |
| 2025-06-25 | 2.57% |
| 2025-06-24 | 2.55% |
| 2025-06-23 | 2.58% |
| 2025-06-20 | 2.67% |
| 2025-06-18 | 2.64% |
| 2025-06-17 | 2.59% |
| 2025-06-16 | 2.61% |
| 2025-06-13 | 2.64% |
| 2025-06-12 | 2.62% |
| 2025-06-11 | 2.61% |
| 2025-06-10 | 2.62% |
| 2025-06-09 | 2.61% |
| 2025-06-06 | 2.54% |
| 2025-06-05 | 2.57% |
| 2025-06-04 | 2.62% |
| 2025-06-03 | 2.59% |
| 2025-06-02 | 2.60% |
| 2025-05-30 | 2.62% |
| 2025-05-29 | 2.61% |
Showing the most recent 260 of 4,164 data points. The chart above shows the full history.
About Fortinet, Inc.
Fortinet, Inc. specializes in delivering extensive, unified, and automated cybersecurity solutions to a global clientele, encompassing the Americas, Europe, the Middle East, Africa, and the Asia Pacific regions. At its core, the company offers FortiGate, a powerful platform combining hardware and software licenses that provides a comprehensive suite of security and networking functionalities. This includes firewall capabilities, intrusion prevention, anti-malware defense, virtual private network (VPN) services, application control, web filtering, anti-spam measures, and wide area network (WAN) acceleration. Beyond its flagship product, Fortinet provides a diverse portfolio of specialized security tools. These range from FortiSwitch for secure network switching and FortiAP for robust wireless connectivity, to FortiExtender, a versatile hardware appliance. For centralized network visibility and control, clients utilize FortiAnalyzer for logging, analysis, and reporting, and FortiManager for scalable administration of FortiGate devices. The company further fortifies digital defenses with FortiWeb (web application firewalls), FortiMail (secure email gateways), and FortiSandbox technology, which offers proactive threat detection and mitigation. Endpoint protection is a key focus, delivered through FortiClient (featuring pattern-based anti-malware, behavior-based exploit protection, web-filtering, and an application firewall) and the advanced FortiEDR/XDR suite, which leverages machine learning for anti-malware execution and real-time post-infection defense. Additionally, FortiToken and FortiAuthenticator product families provide essential multi-factor authentication to safeguard systems and data. Fortinet's service offerings include security subscriptions, technical support, professional consulting, and training programs. Its robust security technologies are distributed both directly to end-users and through an extensive network of channel partners. The company serves a wide array of sectors, including telecommunications, technology, government, financial services, education, retail, manufacturing, and healthcare. Headquartered in Sunnyvale, California, Fortinet, Inc. was established in 2000 and maintains a strategic alliance with Linksys.
- Sector
- Technology
- Industry
- Software - Infrastructure
- CEO
- Ken Xie