As of 2025-05-16, the EV/EBITDA ratio of Fortinet Inc (FTNT) is 35.97. EV/EBITDA ratio is calculated by dividing the enterprise value by the TTM EBITDA. Fortinet's latest enterprise value is 75,826.96 mil USD. Fortinet's TTM EBITDA according to its financial statements is 2,108.30 mil USD. Dividing these 2 quantities gives us the above Fortinet EV/EBITDA ratio.
| Range | Selected | |
| Trailing P/E multiples | 10.0x - 13.4x | 11.5x |
| Forward P/E multiples | 10.9x - 15.4x | 12.0x |
| Fair Price | 30.86 - 54.73 | 39.30 |
| Upside | -69.9% - -46.6% | -61.7% |
| Date | EV/EBITDA |
| 2025-05-15 | 35.69 |
| 2025-05-14 | 36.21 |
| 2025-05-13 | 36.87 |
| 2025-05-12 | 35.78 |
| 2025-05-09 | 34.10 |
| 2025-05-08 | 34.22 |
| 2025-05-07 | 37.47 |
| 2025-05-06 | 37.63 |
| 2025-05-05 | 38.19 |
| 2025-05-02 | 37.28 |
| 2025-05-01 | 36.56 |
| 2025-04-30 | 36.40 |
| 2025-04-29 | 36.56 |
| 2025-04-28 | 35.99 |
| 2025-04-25 | 35.69 |
| 2025-04-24 | 35.30 |
| 2025-04-23 | 33.95 |
| 2025-04-22 | 33.00 |
| 2025-04-21 | 32.40 |
| 2025-04-17 | 33.63 |
| 2025-04-16 | 33.61 |
| 2025-04-15 | 34.75 |
| 2025-04-14 | 33.89 |
| 2025-04-11 | 34.21 |
| 2025-04-10 | 33.70 |
| 2025-04-09 | 35.01 |
| 2025-04-08 | 30.74 |
| 2025-04-07 | 30.68 |
| 2025-04-04 | 29.49 |
| 2025-04-03 | 31.21 |
| 2025-04-02 | 34.34 |
| 2025-04-01 | 33.83 |
| 2025-03-31 | 33.68 |
| 2025-03-28 | 33.80 |
| 2025-03-27 | 34.87 |
| 2025-03-26 | 35.40 |
| 2025-03-25 | 35.80 |
| 2025-03-24 | 34.96 |
| 2025-03-21 | 34.55 |
| 2025-03-20 | 34.48 |
| 2025-03-19 | 34.37 |
| 2025-03-18 | 33.92 |
| 2025-03-17 | 33.83 |
| 2025-03-14 | 33.68 |
| 2025-03-13 | 32.65 |
| 2025-03-12 | 34.29 |
| 2025-03-11 | 34.41 |
| 2025-03-10 | 33.60 |
| 2025-03-07 | 35.50 |
| 2025-03-06 | 35.66 |