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Fortinet, Inc. (FTNT)
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Fortinet, Inc. (FTNT) Shares Outstanding: 0.74

Is Fortinet, Inc.’s shares outstanding high or low?

Fortinet, Inc.'s shares outstanding of 0.74 is in line with its 5-year average of 0.79, near the low end of its 5-year range (0.74–0.82).

The shares outstanding for Fortinet, Inc. (FTNT) is 0.74. It is below its 12-month average by 1.41% (0.75).

FTNT Shares Outstanding Chart

FTNT Shares Outstanding
0.74-2.79% 1Y
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FTNT Average Shares Outstanding Chart

FTNT Current vs Average Shares Outstanding Chart

FTNT Shares Outstanding Metrics

SHARES OUTSTANDING

0.74

SHARES OUTSTANDING AVG TTM

0.75

SHARES OUTSTANDING AVG 3Y

0.77

SHARES OUTSTANDING AVG 5Y

0.79

SHARES OUTSTANDING AVG 10Y

0.82

SHARES OUTSTANDING AVG 15Y

0.81

SHARES OUTSTANDING AVG 20Y

0.76

CURRENT VS TTM AVG

-1.41%

CURRENT VS 3Y AVG

-3.42%

CURRENT VS 5Y AVG

-5.43%

CURRENT VS 10Y AVG

-9.19%

CURRENT VS 15Y AVG

-7.76%

CURRENT VS 20Y AVG

-2.78%

Share Structure

Shares Outstanding

743.10M

Float Shares

N/A

Stock Price

$138.39

Market Cap

$101.4B

Annual Shares Outstanding History

YearWeighted Average SharesYoY Change
2025743.10M-2.79%
2024764.40M-1.82%
2023778.60M-1.62%
2022791.40M-3.01%
2021816.00M-0.61%
2020821.00M-3.98%
2019855.00M+1.12%
2018845.50M-2.99%
2017871.58M+0.99%
2016863.00M+1.30%
2015851.92M+4.00%
2014819.15M+0.86%
2013812.17M+2.76%
2012790.37M+3.60%
2011762.90M+8.42%
2010703.63M+12.88%
2009623.37M+0.00%
2008623.37M+8.43%
2007574.93M+0.00%
2006574.93M-

Relationship: Market Cap = Shares Outstanding × Stock Price

Key concepts:

  • Float shares: Shares available for public trading
  • Dilution: When new shares are issued, existing shareholders own less
  • Buybacks: Reduce share count, increasing EPS and ownership stake
  • Stock splits: Increase share count but don't change market cap

Fortinet, Inc. Shares Outstanding Formula & Definition

Shares Outstanding represents the total number of shares issued by a company that are held by all shareholders. Changes in share count affect EPS and ownership dilution.

Expanded definitions: Investopedia, Wikipedia, Corporate Finance Institute

Fortinet, Inc. Shares Outstanding FAQ

What is the shares outstanding for Fortinet, Inc. (FTNT)?
The shares outstanding for FTNT stock is 0.74.
Is Fortinet, Inc.'s shares outstanding high or low?
Fortinet, Inc.'s shares outstanding of 0.74 is in line with its 5-year average of 0.79, near the low end of its 5-year range (0.74–0.82).
What is the TTM average shares outstanding for Fortinet, Inc. (FTNT)?
The TTM average shares outstanding for FTNT stock is 0.75.
What is the 3Y average shares outstanding for Fortinet, Inc. (FTNT)?
The 3Y average shares outstanding for FTNT stock is 0.77.
What is the 5Y average shares outstanding for Fortinet, Inc. (FTNT)?
The 5Y average shares outstanding for FTNT stock is 0.79.
What is the 10Y average shares outstanding for Fortinet, Inc. (FTNT)?
The 10Y average shares outstanding for FTNT stock is 0.82.
What is the 15Y average shares outstanding for Fortinet, Inc. (FTNT)?
The 15Y average shares outstanding for FTNT stock is 0.81.
What is the 20Y average shares outstanding for Fortinet, Inc. (FTNT)?
The 20Y average shares outstanding for FTNT stock is 0.76.

Fortinet, Inc. Shares Outstanding History

DATESHARES OUTSTANDING
2025-12-310.74
2024-12-310.76
2023-12-310.78
2022-12-310.79
2021-12-310.82
2020-12-310.82
2019-12-310.85
2018-12-310.85
2017-12-310.87
2016-12-310.86
2015-12-310.85
2014-12-310.82
2013-12-310.81
2012-12-310.79
2011-12-310.76
2010-12-310.70
2009-12-310.62
2008-12-310.62
2007-12-310.57
2006-12-310.57

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.

Sunnyvale, CA
14,556 employees
Technology / Software - Infrastructure
Sector
Technology
Industry
Software - Infrastructure
CEO
Ken Xie