Fortinet Inc
Fortinet, Inc. provides cybersecurity and convergence of networking and security solutions worldwide. The company offers secure networking solutions that focus on the convergence of networking and security; network firewall solutions, which consist of FortiGate data centers, hyperscale, and distributed firewalls, as well as encrypted applications; wireless local area network solutions; and secure… Read more
Fortinet Inc (FTNT) - Cash Flow Conversion Efficiency
Latest cash flow conversion efficiency as of December 2025: 0.501x
Based on the latest financial reports, Fortinet Inc (FTNT) has a cash flow conversion efficiency ratio of 0.501x as of December 2025.
Cash flow conversion efficiency measures how effectively a company's net assets (equity) generate operating cash flow. It is calculated by dividing operating cash flow ($620.20 Million) by net assets ($1.24 Billion). A higher ratio indicates that the company is more efficient at using its equity to generate cash flow from its core operations.
Fortinet Inc - Cash Flow Conversion Efficiency Trend (2007–2025)
This chart illustrates how Fortinet Inc's cash flow conversion efficiency has evolved over time, based on yearly financial data. Explore and compare other companies by cash flow conversion efficiency.
Fortinet Inc Competitors by Cash Flow Conversion Efficiency
The table below lists competitors of Fortinet Inc ranked by their cash flow conversion efficiency.
| Company | Cash Flow Conversion Efficiency |
|---|---|
|
Tokyo Electron Ltd.
PINK:TOELF
|
0.063x |
|
Midea Group Co Ltd
SHE:000333
|
0.098x |
|
NEMCL
PINK:NEMCL
|
0.069x |
|
VINCI SA
PINK:VCISF
|
0.071x |
|
Vistra Energy Corp
NYSE:VST
|
0.281x |
|
Vale S.A
MX:VALEN
|
0.061x |
|
L3Harris Technologies Inc
NYSE:LHX
|
0.028x |
|
Compagnie de Saint-Gobain S.A
PINK:CODGF
|
0.060x |
Annual Cash Flow Conversion Efficiency for Fortinet Inc (2007–2025)
The table below shows the annual cash flow conversion efficiency of Fortinet Inc from 2007 to 2025.
| Year | Net Assets | Operating Cash Flow | Cash Flow Conversion Efficiency | Change |
|---|---|---|---|---|
| 2025-12-31 | $1.24 Billion | $2.59 Billion | 2.093x | +38.49% |
| 2024-12-31 | $1.49 Billion | $2.26 Billion | 1.512x | +136.19% |
| 2023-12-31 | $-463.40 Million | $1.94 Billion | -4.177x | +32.04% |
| 2022-12-31 | $-281.60 Million | $1.73 Billion | -6.146x | -427.18% |
| 2021-12-31 | $798.40 Million | $1.50 Billion | 1.878x | +48.37% |
| 2020-12-31 | $856.00 Million | $1.08 Billion | 1.266x | +110.33% |
| 2019-12-31 | $1.34 Billion | $808.00 Million | 0.602x | -4.83% |
| 2018-12-31 | $1.01 Billion | $638.90 Million | 0.632x | -37.29% |
| 2017-12-31 | $589.40 Million | $594.40 Million | 1.008x | +144.37% |
| 2016-12-31 | $837.68 Million | $345.70 Million | 0.413x | +10.33% |
| 2015-12-31 | $755.38 Million | $282.55 Million | 0.374x | +28.62% |
| 2014-12-31 | $675.97 Million | $196.58 Million | 0.291x | +15.58% |
| 2013-12-31 | $585.76 Million | $147.38 Million | 0.252x | -30.08% |
| 2012-12-31 | $510.93 Million | $183.87 Million | 0.360x | -2.92% |
| 2011-12-31 | $358.35 Million | $132.84 Million | 0.371x | -16.65% |
| 2010-12-31 | $232.45 Million | $103.38 Million | 0.445x | +2.23% |
| 2009-12-31 | $142.45 Million | $61.97 Million | 0.435x | +106.04% |
| 2008-12-31 | $-5.23 Million | $37.69 Million | -7.207x | -392.95% |
| 2007-12-31 | $-18.93 Million | $27.67 Million | -1.462x | -- |