Professional EBITDA Benchmarking: Apple Inc. vs Fortinet, Inc.

A Decade of EBITDA: Apple Inc. vs. Fortinet, Inc.

In the ever-evolving tech industry, financial performance is a key indicator of a company's resilience and growth. Over the past decade, Apple Inc. and Fortinet, Inc. have showcased contrasting trajectories in their EBITDA, a crucial measure of profitability. From 2014 to 2023, Apple Inc. consistently demonstrated robust growth, with its EBITDA increasing by approximately 123%, peaking in 2024. This reflects Apple's strategic innovations and market dominance. In contrast, Fortinet, Inc., a leader in cybersecurity, experienced a remarkable 1,700% surge in EBITDA from 2014 to 2023, highlighting its rapid expansion and increasing demand for cybersecurity solutions. However, data for 2024 is missing, leaving room for speculation on Fortinet's continued growth. This comparison not only underscores the diverse paths of these tech giants but also emphasizes the dynamic nature of the technology sector.