Fortinet Net Income From Continuing Ops from 2010 to 2024

FTNT Stock  USD 97.19  2.34  2.47%   
Fortinet Net Income From Continuing Ops yearly trend continues to be comparatively stable with very little volatility. Net Income From Continuing Ops is likely to outpace its year average in 2024. From the period from 2010 to 2024, Fortinet Net Income From Continuing Ops quarterly data regression had r-value of  0.87 and coefficient of variation of  119.16. View All Fundamentals
 
Net Income From Continuing Ops  
First Reported
2007-03-31
Previous Quarter
379.8 M
Current Value
539.9 M
Quarterly Volatility
114.6 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.
  
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Latest Fortinet's Net Income From Continuing Ops Growth Pattern

Below is the plot of the Net Income From Continuing Ops of Fortinet over the last few years. It is Fortinet's Net Income From Continuing Ops 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.
Net Income From Continuing Ops10 Years Trend
Slightly volatile
   Net Income From Continuing Ops   
       Timeline  

Fortinet Net Income From Continuing Ops Regression Statistics

Arithmetic Mean353,496,267
Geometric Mean135,034,047
Coefficient Of Variation119.16
Mean Deviation339,100,489
Median66,836,000
Standard Deviation421,218,771
Sample Variance177425.3T
Range1.2B
R-Value0.87
Mean Square Error44800.8T
R-Squared0.77
Significance0.00002
Slope82,408,882
Total Sum of Squares2483953.5T

Fortinet Net Income From Continuing Ops History

20241.2 B
20231.2 B
2022856.6 M
2021606.7 M
2020488.5 M
2019326.5 M
2018332.2 M

About Fortinet Financial Statements

Fortinet shareholders use historical fundamental indicators, such as Net Income From Continuing Ops, 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
Net Income From Continuing Ops1.2 B1.2 B

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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.