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Video: Compound Annual Growth Rate (CAGR) Definition


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Date Open High Low Close Volume
06/14/2024 $60.45 $60.89 $60.13 $60.78 3.21M
06/17/2024 $60.64 $61.48 $60.18 $60.90 4.98M
06/18/2024 $60.88 $61.25 $59.00 $59.15 5.50M
06/20/2024 $58.60 $58.76 $57.17 $57.94 10.41M
06/21/2024 $58.28 $58.65 $57.77 $58.56 16.73M
Fortinet provides cybersecurity solutions to a variety of organizations, including enterprises, communication service providers, government organizations and small to medium-sized enterprises. Co.'s cybersecurity solutions are designed to provide visibility and segmentation of the digital attack surface through its Fortinet Security Fabric platform, which features automated protection, detection and response. Co.'s main product offerings consist of its FortiGate firewall product family and its non-FortiGate products. Co.'s non-FortiGate products include the Fortinet Security Fabric cybersecurity mesh platform, email security, cloud security, endpoint protection and other products.
FTNT historical stock prices picture
Fortinet (FTNT) has the following price history information. Looking back at FTNT historical stock prices for the last five trading days, on June 14, 2024, FTNT opened at $60.45, traded as high as $60.89 and as low as $60.13, and closed at $60.78. Trading volume was a total of 3.21M shares. On June 17, 2024, FTNT opened at $60.64, traded as high as $61.48 and as low as $60.18, and closed at $60.90. Trading volume was a total of 4.98M shares. On June 18, 2024, FTNT opened at $60.88, traded as high as $61.25 and as low as $59.00, and closed at $59.15. Trading volume was a total of 5.50M shares. On June 20, 2024, FTNT opened at $58.60, traded as high as $58.76 and as low as $57.17, and closed at $57.94. Trading volume was a total of 10.41M shares. On June 21, 2024, FTNT opened at $58.28, traded as high as $58.65 and as low as $57.77, and closed at $58.56. Trading volume was a total of 16.73M shares.

FTNT Historical Stock Prices By Date:

FTNT historical cagr picture

Below, we examine the compound annual growth rate — CAGR for short — of an investment into Fortinet shares, starting with a $10,000 purchase of FTNT, and working forward through the historical stock price information to today.

Growth of $10,000.00
Without Dividends Reinvested

Start date: 06/25/2014
End date: 06/21/2024
Start price/share: $4.90
End price/share: $58.56
Dividends collected/share: $0.00
Total return: 1,095.10%
Average Annual Total Return: 28.17%
Starting investment: $10,000.00
Ending investment: $119,555.22
Years: 10.00
Date Close
06/14/2024$60.78
06/17/2024$60.90
06/18/2024$59.15
06/20/2024$57.94
06/21/2024$58.56
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Also explore: FTNT shares outstanding history

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