Fortinet Inc (FTNT) — Cash Flow Reinvestment Rate
Fortinet Inc (FTNT) has a Cash Flow Reinvestment Rate of 0.18x as of June 2026, reinvesting $193.00 Million (capex $78.00 Million plus investments $-115.00 Million) from operating cash flow of $1.04 Billion. See Fortinet Inc (FTNT) FCF generation index to measure how efficiently the company converts operating cash flow to free cash.
Reinvestment Rate
Total Reinvested
Operating Cash Flow
Capital Expenditures
Fortinet Inc Cash Flow Reinvestment Rate (2006–2025)
Historical reinvestment intensity for Fortinet Inc across 20 annual periods. For the full cash flow conversion analysis, see Fortinet Inc cash flow conversion.
Annual Cash Flow Reinvestment Rate for Fortinet Inc (2006–2025)
Year-by-year capital reinvestment analysis for Fortinet Inc. See FTNT financial flexibility index to measure the company's free cash flow as a share of total liabilities.
| Year | Reinvestment Rate | Total Reinvested (USD) | Operating CF | Capex | YoY Change |
|---|---|---|---|---|---|
| 2025 | 0.22x | $557.60 Million | $2.59 Billion | $364.80 Million | ▼ -56.1% |
| 2024 | 0.49x | $1.11 Billion | $2.26 Billion | $378.90 Million | ▲ +68.0% |
| 2023 | 0.29x | $564.40 Million | $1.94 Billion | $204.10 Million | ▼ -51.7% |
| 2022 | 0.60x | $1.05 Billion | $1.73 Billion | $281.20 Million | ▼ -44.1% |
| 2021 | 1.08x | $1.62 Billion | $1.50 Billion | $295.90 Million | ▲ +437.6% |
| 2020 | 0.20x | $217.90 Million | $1.08 Billion | $125.90 Million | ▼ -65.3% |
| 2019 | 0.58x | $467.70 Million | $808.00 Million | $92.20 Million | ▲ +226.7% |
| 2018 | 0.18x | $113.20 Million | $638.90 Million | $53.00 Million | ▼ -45.7% |
| 2017 | 0.33x | $193.81 Million | $594.40 Million | $135.30 Million | ▲ +36.9% |
| 2016 | 0.24x | $82.35 Million | $345.70 Million | $67.20 Million | ▼ -39.8% |
| 2015 | 0.40x | $111.77 Million | $282.55 Million | $37.36 Million | ▲ +121.8% |
| 2014 | 0.18x | $35.06 Million | $196.58 Million | $32.20 Million | ▼ -81.1% |
| 2013 | 0.94x | $139.10 Million | $147.38 Million | $13.88 Million | ▼ -4.4% |
| 2012 | 0.99x | $181.46 Million | $183.87 Million | $22.08 Million | ▼ -20.2% |
| 2011 | 1.24x | $164.20 Million | $132.84 Million | $3.62 Million | ▲ +3284.3% |
| 2010 | 0.04x | $3.78 Million | $103.38 Million | $3.78 Million | ▼ -50.7% |
| 2009 | 0.07x | $4.59 Million | $61.97 Million | $4.59 Million | ▼ -0.3% |
| 2008 | 0.07x | $2.80 Million | $37.69 Million | $2.80 Million | ▲ +1.3% |
| 2007 | 0.07x | $2.03 Million | $27.67 Million | $2.03 Million | ▼ -79.0% |
| 2006 | 0.35x | $1.19 Million | $3.41 Million | $1.19 Million | — |