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Video: Compound Annual Growth Rate (CAGR) Definition


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Date Open High Low Close Volume
04/18/2024 $64.77 $65.01 $63.53 $64.03 3.09M
04/19/2024 $63.79 $64.41 $62.92 $63.40 4.84M
04/22/2024 $63.97 $64.23 $62.61 $63.69 3.63M
04/23/2024 $64.08 $65.10 $63.98 $64.80 3.54M
04/24/2024 $64.89 $65.80 $64.59 $65.45 3.82M
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 April 18, 2024, FTNT opened at $64.77, traded as high as $65.01 and as low as $63.53, and closed at $64.03. Trading volume was a total of 3.09M shares. On April 19, 2024, FTNT opened at $63.79, traded as high as $64.41 and as low as $62.92, and closed at $63.40. Trading volume was a total of 4.84M shares. On April 22, 2024, FTNT opened at $63.97, traded as high as $64.23 and as low as $62.61, and closed at $63.69. Trading volume was a total of 3.63M shares. On April 23, 2024, FTNT opened at $64.08, traded as high as $65.10 and as low as $63.98, and closed at $64.80. Trading volume was a total of 3.54M shares. On April 24, 2024, FTNT opened at $64.89, traded as high as $65.80 and as low as $64.59, and closed at $65.45. Trading volume was a total of 3.82M 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: 04/28/2014
End date: 04/24/2024
Start price/share: $4.29
End price/share: $65.45
Dividends collected/share: $0.00
Total return: 1,425.64%
Average Annual Total Return: 31.33%
Starting investment: $10,000.00
Ending investment: $152,515.91
Years: 10.00
Date Close
04/18/2024$64.03
04/19/2024$63.40
04/22/2024$63.69
04/23/2024$64.80
04/24/2024$65.45
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Also explore: FTNT shares outstanding history

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