Fortinet (FTNT) Stock Buyback History
TTM buyback yield 3.88% · Shareholder yield (TTM) 3.88%.
Fortinet
FTNT
TTM buyback yield
3.88%
Shareholder yield (TTM)
3.88%
5Y share count change
-10.8%
TTM buyback spend
$2.29B
SBC coverage (TTM)
8.17x
Diluted vs basic shares (annual)
Weighted average shares from the income statement: diluted (EPS denominator and typical buyback-yield basis) compared with basic.
Shares outstanding (annual)
Year-over-year change in diluted weighted average shares (industry-standard for EPS and per-share capital return). Green is fewer shares vs the prior fiscal year; red is growth (dilution). The earliest year shown has no prior year to compare.
Dividend & buyback yield
Buybacks vs stock-based compensation
TTM coverage: 8.17x (buybacks ÷ SBC). Bars are fiscal-year totals.
Buyback spending history
| Year | Buybacks | SBC | Net | Shares (dil.) | YoY shares | Buyback yield |
|---|---|---|---|---|---|---|
| 2025 | $2.29B | $279.50M | $2.01B | 0.75B | -3.1% | 3.88% |
| 2024 | $600.00K | $257.90M | −$257.30M | 0.77B | -2.1% | 0.00% |
| 2023 | $1.50B | $249.00M | $1.25B | 0.79B | -2.1% | 3.35% |
| 2022 | $1.99B | $217.30M | $1.77B | 0.81B | -3.6% | 5.22% |
| 2021 | $741.80M | $207.90M | $533.90M | 0.84B | -0.4% | 1.27% |
| 2020 | $1.08B | $191.70M | $888.40M | 0.84B | -4.2% | 4.47% |
| 2019 | $145.10M | $174.10M | −$29.00M | 0.88B | 0.5% | 0.79% |
| 2018 | $211.80M | $162.90M | $48.90M | 0.87B | -2.2% | 1.76% |
| 2017 | $446.30M | $137.20M | $309.10M | 0.89B | 1.0% | 5.95% |
| 2016 | $110.80M | $122.40M | −$11.60M | 0.88B | 0.1% | 2.11% |
| 2015 | $60.00M | $95.09M | −$35.09M | 0.88B | 4.0% | 1.12% |
| 2014 | $43.98M | $58.99M | −$15.02M | 0.85B | 0.7% | 0.87% |
| 2013 | $33.53M | $43.91M | −$10.38M | 0.84B | 1.1% | 1.07% |
| 2012 | $0.00 | $30.69M | −$30.69M | 0.83B | 1.6% | — |
| 2011 | $0.00 | $19.02M | −$19.02M | 0.82B | 4.7% | — |
| 2010 | $0.00 | $9.31M | −$9.31M | 0.78B | 19.9% | — |
| 2009 | $15.76M | $7.46M | $8.30M | 0.65B | -0.5% | 1.33% |
| 2008 | $0.00 | $5.30M | −$5.30M | 0.66B | -2.3% | — |
| 2007 | $0.00 | $9.33M | −$9.33M | 0.67B | 0.0% | — |
| 2006 | $60.00K | $1.21M | −$1.15M | 0.67B | — | — |
Buybacks vs dividends (share of cash returned)
Buyback capacity (TTM)
TTM buybacks vs headroom (FCF − dividends, TTM)100% of headroom
Headroom $2.23B (TTM FCF − TTM dividends, clamped at zero).
Frequently asked questions
Does Fortinet buy back its own stock?
- Yes, Fortinet (FTNT) has repurchased shares in recent periods. See the history table and charts on this page for amounts and trends.
How much does Fortinet spend on share buybacks?
- Trailing twelve months (TTM) buyback spend is about $2.29B (sum of the last four quarterly cash-flow periods in our data). Figures are illustrative; verify in filings.
What is Fortinet's buyback yield?
- TTM buyback yield is about 3.88% (TTM buyback spend divided by market cap at the latest quarter-end in our data).
What is Fortinet's shareholder yield?
- Shareholder yield combines dividend yield and buyback yield. For the latest period we show approximately 3.88% combined (TTM-based where available).
Is Fortinet diluting shareholders?
- Compare stock-based compensation (SBC) to buybacks in the chart above. Net effect varies by year; see annual buyback vs SBC bars and the history table.
How has Fortinet's share count changed?
- Diluted weighted average shares changed by about -10.8% over roughly five fiscal years (annual income statement data).