Fortinet, Inc. (FTNT) Free Cash Flow (FCF): $2.23B
The free cash flow (FCF) for Fortinet, Inc. (FTNT) is $2.23B. It is above its 12-month average by 8.44% ($2.05B).
FTNT Free Cash Flow (FCF) Chart
FTNT Average Free Cash Flow (FCF) Chart
FTNT Current vs Average Free Cash Flow (FCF) Chart
FTNT Free Cash Flow (FCF) Metrics
FREE CASH FLOW (FCF)
$2.23B
FREE CASH FLOW (FCF) AVG TTM
$2.05B
FREE CASH FLOW (FCF) AVG 3Y
$1.82B
FREE CASH FLOW (FCF) AVG 5Y
$1.57B
FREE CASH FLOW (FCF) AVG 10Y
$1.07B
FREE CASH FLOW (FCF) AVG 15Y
$776.27M
FREE CASH FLOW (FCF) AVG 20Y
$627.03M
CURRENT VS TTM AVG
+8.44%
CURRENT VS 3Y AVG
+22.20%
CURRENT VS 5Y AVG
+41.36%
CURRENT VS 10Y AVG
+108.69%
CURRENT VS 15Y AVG
+186.73%
CURRENT VS 20Y AVG
+254.98%
FCF Analysis
Free Cash Flow (TTM)
$2.23B
FCF Yield
2.37%
Price/FCF
42.2
Formula: FCF = Operating Cash Flow - Capital Expenditures
Why FCF matters:
- Shows actual cash available (not accounting earnings)
- Funds dividends, buybacks, and debt reduction
- Less susceptible to accounting manipulation than net income
- Key metric for DCF valuation models
Fortinet, Inc. Free Cash Flow (FCF) Formula & Definition
Free Cash Flow represents the cash a company generates after accounting for capital expenditures. It's the cash available for dividends, buybacks, debt reduction, or reinvestment.
Expanded definitions: Investopedia, Wikipedia, Corporate Finance Institute
Fortinet, Inc. Free Cash Flow (FCF) FAQ
- What is the free cash flow (FCF) for Fortinet, Inc. (FTNT)?
- The free cash flow (FCF) for FTNT stock is $2.23B.
- What is the TTM average free cash flow (FCF) for Fortinet, Inc. (FTNT)?
- The TTM average free cash flow (FCF) for FTNT stock is $2.05B.
- What is the 3Y average free cash flow (FCF) for Fortinet, Inc. (FTNT)?
- The 3Y average free cash flow (FCF) for FTNT stock is $1.82B.
- What is the 5Y average free cash flow (FCF) for Fortinet, Inc. (FTNT)?
- The 5Y average free cash flow (FCF) for FTNT stock is $1.57B.
- What is the 10Y average free cash flow (FCF) for Fortinet, Inc. (FTNT)?
- The 10Y average free cash flow (FCF) for FTNT stock is $1.07B.
- What is the 15Y average free cash flow (FCF) for Fortinet, Inc. (FTNT)?
- The 15Y average free cash flow (FCF) for FTNT stock is $776.27M.
- What is the 20Y average free cash flow (FCF) for Fortinet, Inc. (FTNT)?
- The 20Y average free cash flow (FCF) for FTNT stock is $627.03M.
Fortinet, Inc. Free Cash Flow (FCF) History
| DATE | FREE CASH FLOW (FCF) |
|---|---|
| 2025-12-31 | $2.23B |
| 2024-12-31 | $1.88B |
| 2023-12-31 | $1.73B |
| 2022-12-31 | $1.45B |
| 2021-12-31 | $1.20B |
| 2020-12-31 | $957.80M |
| 2019-12-31 | $715.80M |
| 2018-12-31 | $585.90M |
| 2017-12-31 | $459.10M |
| 2016-12-31 | $278.50M |
| 2015-12-31 | $245.19M |
| 2014-12-31 | $164.38M |
| 2013-12-31 | $133.51M |
| 2012-12-31 | $161.78M |
| 2011-12-31 | $129.22M |
| 2010-12-31 | $99.61M |
| 2009-12-31 | $57.38M |
| 2008-12-31 | $34.89M |
| 2007-12-31 | $25.64M |
| 2006-12-31 | $2.22M |
Related Metrics
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