Fortinet Inc (FTNT) — Free Cash Flow Generation Index
Fortinet Inc (FTNT) has a Free Cash Flow Generation Index of 0.93x as of December 2025. Free cash flow of $577.40 Million represents 1% of operating cash flow ($620.20 Million). Read Fortinet Inc (FTNT) financial obligations for a breakdown of total debt and financial obligations.
FCF Generation Index
Free Cash Flow
Operating Cash Flow
Capital Expenditures
Fortinet Inc Free Cash Flow Generation Index (2006–2025)
Historical FCF Generation Index trend for Fortinet Inc across 20 annual periods. Explore Fortinet Inc (FTNT) reinvestment ratio to see what proportion of operating cash flow is directed to capital expenditures.
Annual Free Cash Flow Generation for Fortinet Inc (2006–2025)
Year-by-year Free Cash Flow Generation Index for Fortinet Inc. For the full company profile including market capitalisation, see Fortinet Inc market cap and net worth.
| Year | FCG Index | Free Cash Flow (USD) | Operating CF | Capital Expenditures | YoY Change |
|---|---|---|---|---|---|
| 2025 | 0.86x | $2.23 Billion | $2.59 Billion | $364.80 Million | ▲ +3.2% |
| 2024 | 0.83x | $1.88 Billion | $2.26 Billion | $378.90 Million | ▼ -7.0% |
| 2023 | 0.89x | $1.73 Billion | $1.94 Billion | $204.10 Million | ▲ +6.8% |
| 2022 | 0.84x | $1.45 Billion | $1.73 Billion | $281.20 Million | ▲ +4.3% |
| 2021 | 0.80x | $1.20 Billion | $1.50 Billion | $295.90 Million | ▼ -9.2% |
| 2020 | 0.88x | $957.80 Million | $1.08 Billion | $125.90 Million | ▼ -0.2% |
| 2019 | 0.89x | $715.80 Million | $808.00 Million | $92.20 Million | ▼ -3.4% |
| 2018 | 0.92x | $585.90 Million | $638.90 Million | $53.00 Million | ▲ +18.7% |
| 2017 | 0.77x | $459.10 Million | $594.40 Million | $135.30 Million | ▼ -4.1% |
| 2016 | 0.81x | $278.50 Million | $345.70 Million | $67.20 Million | ▼ -7.2% |
| 2015 | 0.87x | $245.19 Million | $282.55 Million | $37.36 Million | ▲ +3.8% |
| 2014 | 0.84x | $164.38 Million | $196.58 Million | $32.20 Million | ▼ -7.7% |
| 2013 | 0.91x | $133.51 Million | $147.38 Million | $13.88 Million | ▲ +2.9% |
| 2012 | 0.88x | $161.78 Million | $183.87 Million | $22.08 Million | ▼ -9.5% |
| 2011 | 0.97x | $129.22 Million | $132.84 Million | $3.62 Million | ▲ +1.0% |
| 2010 | 0.96x | $99.61 Million | $103.38 Million | $3.78 Million | ▲ +4.1% |
| 2009 | 0.93x | $57.38 Million | $61.97 Million | $4.59 Million | ▲ +0.0% |
| 2008 | 0.93x | $34.89 Million | $37.69 Million | $2.80 Million | ▼ -0.1% |
| 2007 | 0.93x | $25.64 Million | $27.67 Million | $2.03 Million | ▲ +42.2% |
| 2006 | 0.65x | $2.22 Million | $3.41 Million | $1.19 Million | — |