EV/EBITDA Ratio: 45.34x

Basis: Latest stored market observation. Source: stored company filings and market data; unavailable inputs remain N/A.

Is the EV/EBITDA ratio high or low?

The EV/EBITDA ratio of 45.34x is in line with its 5-year average of 45.51x, around the middle of its 5-year range (24.52x–89.34x).

As of Sunday, July 26, 2026. 55.98% above its 12-month average of 29.07x.

FTNT EV/EBITDA Ratio Metrics

EV/EBITDA vs. its own history

At 45.3, EV/EBITDA is in its normal range, sitting higher than 52% of its 17-year history.

EV/EBITDA Ratio Formula & Definition

EV/EBITDA = Enterprise Value / EBITDA (TTM)

Enterprise value to EBITDA is a capital-structure-neutral valuation multiple, useful for comparing companies with different debt levels and tax rates.

Expanded definitions: Investopedia, Wikipedia, Corporate Finance Institute

EV/EBITDA Ratio FAQ

What is the EV/EBITDA ratio for Fortinet, Inc. (FTNT)?

The EV/EBITDA ratio for FTNT stock is 45.34x.

Is Fortinet, Inc.'s EV/EBITDA ratio high or low?

The EV/EBITDA ratio of 45.34x is in line with its 5-year average of 45.51x, around the middle of its 5-year range (24.52x–89.34x).

What is the TTM average EV/EBITDA ratio for Fortinet, Inc. (FTNT)?

The TTM average EV/EBITDA ratio for FTNT stock is 29.07x.

What is the 3Y average EV/EBITDA ratio for Fortinet, Inc. (FTNT)?

The 3Y average EV/EBITDA ratio for FTNT stock is 35.39x.

What is the 5Y average EV/EBITDA ratio for Fortinet, Inc. (FTNT)?

The 5Y average EV/EBITDA ratio for FTNT stock is 40.90x.

What is the 10Y average EV/EBITDA ratio for Fortinet, Inc. (FTNT)?

The 10Y average EV/EBITDA ratio for FTNT stock is 46.49x.

What is the 15Y average EV/EBITDA ratio for Fortinet, Inc. (FTNT)?

The 15Y average EV/EBITDA ratio for FTNT stock is 46.50x.

Showing the most recent 260 of 4,194 data points. The chart above shows the full history.

Related Metrics