Fortinet Change To Netincome from 2010 to 2024

FTNT Stock  USD 97.19  2.34  2.47%   
Fortinet Change To Netincome yearly trend continues to be comparatively stable with very little volatility. Change To Netincome will likely drop to about 87.3 M in 2024. From the period from 2010 to 2024, Fortinet Change To Netincome quarterly data regression had mean square error of 3810.5 T and mean deviation of  58,982,384. View All Fundamentals
 
Change To Netincome  
First Reported
2007-12-31
Previous Quarter
-5.4 M
Current Value
64.2 M
Quarterly Volatility
26.3 M
 
Housing Crash
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check Fortinet financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Fortinet's main balance sheet or income statement drivers, such as Depreciation And Amortization of 398.7 M, Interest Expense of 13.6 M or Selling General Administrative of 221.9 M, as well as many indicators such as Price To Sales Ratio of 5.5, Dividend Yield of 0.0 or Days Sales Outstanding of 68.9. Fortinet financial statements analysis is a perfect complement when working with Fortinet Valuation or Volatility modules.
  
Check out the analysis of Fortinet Correlation against competitors.
For more information on how to buy Fortinet Stock please use our How to Invest in Fortinet guide.

Latest Fortinet's Change To Netincome Growth Pattern

Below is the plot of the Change To Netincome of Fortinet over the last few years. It is Fortinet's Change To Netincome historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Fortinet's overall financial position and show how it may be relating to other accounts over time.
Change To Netincome10 Years Trend
Slightly volatile
   Change To Netincome   
       Timeline  

Fortinet Change To Netincome Regression Statistics

Arithmetic Mean90,275,687
Coefficient Of Variation84.17
Mean Deviation58,982,384
Median82,600,000
Standard Deviation75,980,551
Sample Variance5773T
Range238.9M
R-Value0.62
Mean Square Error3810.5T
R-Squared0.39
Significance0.01
Slope10,570,443
Total Sum of Squares80822.6T

Fortinet Change To Netincome History

202487.3 M
202395 M
202282.6 M
2021230.2 M
2020187.2 M
2019197.6 M
201834.2 M

About Fortinet Financial Statements

Fortinet shareholders use historical fundamental indicators, such as Change To Netincome, to determine how well the company is positioned to perform in the future. Although Fortinet investors may analyze each financial statement separately, they are all interrelated. The changes in Fortinet's assets and liabilities, for example, are also reflected in the revenues and expenses on on Fortinet's income statement. Understanding these patterns can help investors time the market effectively. Please read more on our fundamental analysis page.
Last ReportedProjected for Next Year
Change To Netincome95 M87.3 M

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Additional Tools for Fortinet Stock Analysis

When running Fortinet's price analysis, check to measure Fortinet's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Fortinet is operating at the current time. Most of Fortinet's value examination focuses on studying past and present price action to predict the probability of Fortinet's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Fortinet's price. Additionally, you may evaluate how the addition of Fortinet to your portfolios can decrease your overall portfolio volatility.