Fortinet Inc Cash Flow Conversion Efficiency

Latest as of June 2026: 0.673x

Fortinet Inc cash flow conversion efficiency. Based on the latest financial reports, Fortinet Inc (FTNT) has a cash flow conversion efficiency ratio of 0.673x as of June 2026. 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 ($1.04 Billion) by net assets ($1.55 Billion). A higher ratio indicates that the company is more efficient at using its equity to generate cash flow from its core operations.

Cash Flow Conversion Efficiency of Fortinet Inc (2007–2025)

Cash flow conversion efficiency of Fortinet Inc from 2007 to 2025. This chart illustrates how Fortinet Inc's cash flow conversion efficiency has evolved over time, based on yearly financial data. View current stock price of Fortinet Inc for real-time trading data and today's change.

Fortinet Inc Cash Flow Conversion Ratio Explained

Fortinet Inc cash flow conversion ratio divides operating cash flow by net assets, so a higher ratio means more cash generated from each unit of shareholder equity.

Fortinet Inc Competitors by Cash Flow Conversion Efficiency

The table below lists competitors of Fortinet Inc ranked by their cash flow conversion efficiency. Also see Fortinet Inc (FTNT) total market value for the company's overall valuation and market capitalisation.

Company Cash Flow Conversion Efficiency
The Bank of New York Mellon Corporation
NYSE:BK
-0.066x
PROSUS NV ADR/ 1/1
F:1YL
N/A
Enel SpA
F:ENLA
0.103x
Mizuho Financial Group Inc
F:MZ8A
N/A
Constellation Energy Corp
NASDAQ:CEG
0.035x
U.S. Bancorp
NYSE:USB
0.071x
Samsung Electronics Co Pref
KO:005935
0.181x
Zurich Insurance Group AG
F:ZFI1
0.070x

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. Review Fortinet Inc free cash flow generation to assess how much free cash flow the company generates relative to operating cash flow.

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 --

About Fortinet Inc

NASDAQ:FTNT USA Software - Infrastructure
Market Cap
$94.00 Billion
Market Cap Rank
#274 Global
#141 in USA
Share Price
$128.11
Change (1 day)
+1.51%
52-Week Range
$75.23 - $194.75
All Time High
$194.75
About

Fortinet, Inc. provides cybersecurity and convergence of networking and security solutions worldwide. The company offers FortiOS, a unified operating system designed to address cybersecurity threats; FortiASIC application-specific integrated circuit (ASIC)-based security processing units; FortiCloud, a private cloud software as a service platform; FortiAI, which provides a dual-layered defense ac… Read more