Fortinet (FTNT) Asset Utilization Ratio (2011 - 2026)

Fortinet (FTNT) recorded quarterly Asset Utilization Ratio of 0.7 in Q1 2026, up 1.86% quarter-over-quarter from 0.69 in Q4 2025, and up 56.73% on a YoY basis from 0.45 in Q1 2025.

Fortinet (FTNT) Asset Utilization Ratio (2011 - 2026) Analysis & Trends

Fortinet's Asset Utilization Ratio history runs 16 years deep, the most recent figure standing at 0.7 for Q1 2026.

  • In Q1 2026, Asset Utilization Ratio rose 56.73% year-over-year to 0.7; the TTM figure through Mar 2026 stood at 0.7 (up 56.73% YoY), while the FY2025 annual figure was 0.67, down 3.57% from the prior year.
  • Asset Utilization Ratio was 0.7 for Q1 2026 at Fortinet, up from 0.69 in the prior quarter.
  • In the past five years, Asset Utilization Ratio ranged from a high of 0.76 in Q4 2022 to a low of 0.31 in Q1 2022.
  • Historically, Asset Utilization Ratio has averaged 0.6 across 5 years, with a median of 0.69 in 2025.
  • Biggest YoY gain for Asset Utilization Ratio was 189.03% in 2022; the steepest drop was 46.32% in 2022.
  • A 5-year view of Asset Utilization Ratio shows it stood at 0.76 in 2022, then retreated by 5.78% to 0.72 in 2023, then sank by 35.42% to 0.46 in 2024, then jumped by 48.12% to 0.69 in 2025, then gained by 1.86% to 0.7 in 2026.
  • The last three Asset Utilization Ratio figures came in at 0.7 (Q1 2026), 0.69 (Q4 2025), and 0.49 (Q3 2025), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Asset Util. (Qtr)
1 Microsoft 3,064.95 Bn 2,986.68 Bn 56.06 Bn 0.47
2 Alarum Technologies 1,117.04 Bn 1,102.89 Bn 7.23 Mn 0.00
3 Oracle 608.54 Bn 569.96 Bn 15.14 Bn 0.28
4 Palantir Technologies 326.97 Bn 319.05 Bn 1.42 Bn 0.55
5 Palo Alto Networks 185.10 Bn 180.56 Bn 1.91 Bn 0.41
6 CrowdStrike Holdings 165.31 Bn 162.25 Bn 993.68 Mn 0.46
7 Fortinet 105.66 Bn 102.37 Bn 1.49 Bn 0.70
8 Synopsys 89.71 Bn 89.60 Bn 1.77 Bn 0.17
9 Cloudflare 87.54 Bn 86.60 Bn 455.60 Mn 0.38
10 CoreWeave 53.90 Bn 51.63 Bn 2.01 Bn 0.12

Historic Data

Download Data
DateValue
Mar 31, 2026 0.70
Dec 31, 2025 0.69
Sep 30, 2025 0.49
Jun 30, 2025 0.45
Mar 31, 2025 0.45
Dec 31, 2024 0.46
Sep 30, 2024 0.68
Jun 30, 2024 0.70
Mar 31, 2024 0.72
Dec 31, 2023 0.72
Sep 30, 2023 0.69
Jun 30, 2023 0.70
Mar 31, 2023 0.72
Dec 31, 2022 0.76
Sep 30, 2022 0.60
Jun 30, 2022 0.37
Mar 31, 2022 0.31
Dec 31, 2021 0.26
Sep 30, 2021 0.39
Jun 30, 2021 0.54