Fortinet (FTNT) FCF conversion US GAAP (year values)
FY2021 FY2022 FY2023 FY2024 FY2025   LTM ? CAGR 5 years ?
FCF conversion, % 165.4% 134.5% 117.9% 85.4% 90.3%   93.4%  
Changes by years, y/y, % +9pp -31pp -17pp -33pp +5pp     -10.5%
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Fortinet. FCF conversion, %

Fortinet. FCF conversion, changes, pp

Fortinet (FTNT) FCF conversion US GAAP (quarter values)
FY2025Q3 FY2025Q4 FY2026Q1 FY2026Q2 FY2026Q2   LTM ?
FCF conversion, % 88.8% 83.1% 126.6% 167.7% 126.3%   93.4%
Changes by years, y/y, % +2pp +25pp -16pp +117pp +76pp    
Changes by quarters, q/q, % +38pp -6pp +44pp +41pp -41pp    

Fortinet. FCF conversion, %

Fortinet. FCF conversion, changes, pp

Fortinet. FCF conversion, changes, pp


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