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FTNTFortinet

Software Platform · US · Fortinet, Inc.

5 of 6 ratios computed · receipts verified server-side

Idiot Index
74
out of 100 · 5/6 ratios · FY 2023

The full receipt

Latest published value for each ratio, with the sector median for context and year-over-year change where the prior year is available.

  • Markup

    How much revenue per dollar of cost.

    4.2685× revenue / costverified
    $1 of cost becomes $4.27 of revenue
    Sector median: 3.7286Median range for extraction in sector
    FY 2023v1.0.0
  • Operational Markup

    Revenue per dollar of cost + operating expenses. The multiplier after legitimate operations.

    1.2416× revenue / (cost + opex)verified
    $1 of cost+opex becomes $1.24 of revenue
    Sector median: 1.0697Median range for extraction in sector
    FY 2023v1.0.0
  • Labor Share

    How much of every revenue dollar reaches workers.

    Not computed: missing input.
    Needed but not in this company's XBRL filings: Total Employee Compensation.
    What this company did disclose: Stock Buybacks, CEO Total Compensation, Cost of Goods Sold, Median Employee Compensation, Net Income, Operating Expenses, R&D Expense, Revenue
  • Executive Extraction

    How many times a CEO out-earns the median employee.

    131.0× CEO / median workerverified
    CEO earns 131× the median worker
    Sector median: 135.4Median range for extraction in sector
    FY 2023v1.0.0
  • Shareholder Extraction

    Dollars sent to shareholders for every dollar invested in R&D.

    1.7487× buybacks+dividends / R&Dverified
    $1.75 to shareholders for every $1 in R&D
    Sector median: 0.4876Top 18% for extraction in sector
    FY 2023v1.0.0
  • Capital Extraction

    How much of net profit goes to shareholders rather than back into the business.

    1.2225× buybacks+dividends / net incomeverified
    122% of net profit returned to shareholders — funded beyond current-year earnings
    Sector median: 0.8495Top 16% for extraction in sector
    FY 2023v1.0.0

Company response

No verified response yet. If you represent Fortinet, you can add context, agree, or dispute.

Source data

Every raw line item this company disclosed in its XBRL filings. Click any filing to view the original on SEC.gov.

FY 2023· 8 facts
ConceptValueUnitPeriodFilingReceipt
CEO Total Compensation
CEOTotalCompensation
16,301,613USDFY0001174947-24-000602verified
Cost of Goods Sold
CostOfGoodsAndServicesSold
783,000,000USDFY0001262039-24-000014verified
Median Employee Compensation
MedianEmployeeCompensation
124,446USDFY0001174947-24-000602verified
Net Income
NetIncomeLoss
606,800,000USDFY0001262039-24-000014verified
Operating Expenses
OperatingExpenses
1,908,800,000USDFY0001262039-24-000014verified
R&D Expense
ResearchAndDevelopmentExpense
424,200,000USDFY0001262039-24-000014verified
Revenue
RevenueFromContractWithCustomerExcludingAssessedTax
3,342,200,000USDFY0001262039-24-000014verified
Stock Buybacks
PaymentsForRepurchaseOfCommonStock
741,800,000USDFY0001262039-24-000014verified