Fortinet Inc risk profile
29 Normal where most of the sector sits
Measured 1 September 2026 from FTNT's filed statements. Recomputed nightly.
29 (Normal), driven by Competitive position at 31, over 5 weighted categories on the SOFTWARE profile.
What is measured
| Mechanism | Reading | Band | Direction | Driver |
|---|---|---|---|---|
| Market expectation | 29 | Normal | Stable | One-year price volatility — 41.2% |
| Operating pressure | 30 | Normal | Worsening | Costs outgrowing revenue — -0.5 percentage points |
| Cash conversion | 22 | Normal | Stable | Cash conversion — 1.40x |
| Leverage and coverage | 13 | Contained | Stable | Current ratio — 1.17x |
| Competitive position | 31 | Normal | Stable | R&D-intensity gap against peers — -2.6 percentage points |
| Concentration | Reads identified supplier spend, customers above the 10% disclosure threshold and revenue by region. No reading is stored for this company. | |||
These are descriptive readings of disclosed mechanisms, not investment advice, and not a prediction. A band says where a measured input sits, never what to do about it or what happens next.