• Fortinet average price to free cash flow ratio for 2024 was 32.32, a 18.65% increase from 2023.
• Fortinet average price to free cash flow ratio for 2023 was 27.24, a 27.38% increase from 2022.
• Fortinet average price to free cash flow ratio for 2022 was 37.51, a 5.18% decline from 2021.

Price to free cash flow ratio can be defined as