Fortinet, Inc. (FTNT) — Financial ratios
Profitability, liquidity, leverage, and valuation ratios for Fortinet, Inc., with annual and quarterly history.
| Metric | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 |
|---|---|---|---|---|---|---|
| Valuation | ||||||
| P/E Ratio | 31.84x | 41.38x | 39.70x | 45.13x | 96.66x | 49.93x |
| P/B Ratio | 47.68x | 48.35x | -98.34x | -137.40x | 75.03x | 28.50x |
| P/S Ratio | 8.68x | 12.13x | 8.59x | 8.76x | 17.55x | 9.40x |
| Profitability | ||||||
| Gross Margin | 80.8% | 80.6% | 76.7% | 75.4% | 76.6% | 78.0% |
| Operating Margin | 30.6% | 30.3% | 23.4% | 21.9% | 19.5% | 20.5% |
| Net Margin | 27.3% | 29.3% | 21.6% | 19.4% | 18.2% | 18.8% |
| EBITDA Margin | 36.2% | 37.0% | 27.7% | 24.4% | 21.8% | 23.5% |
| Liquidity | ||||||
| Current Ratio | 1.17x | 1.47x | 1.19x | 1.24x | 1.55x | 1.50x |
| Quick Ratio | 1.09x | 1.39x | 1.06x | 1.15x | 1.48x | 1.42x |
| Leverage | ||||||
| Debt/Equity | 0.81x | 0.67x | -2.14x | -3.52x | 1.26x | 0.00x |
YoY = year-over-year change. Source: FMP..