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

Fortinet (FTNT) posted Asset Utilization Ratio of 0.7 for Q1 2026, up 1.86% on a QoQ basis from 0.69 in Q4 2025, and up 56.73% year-on-year from 0.45 in Q1 2025.

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

Fortinet has disclosed Asset Utilization Ratio across 16 years of filings, most recently posting 0.7 for Q1 2026.

  • Asset Utilization Ratio for Q1 2026 came in at 0.7, up 56.73% year-over-year; the trailing twelve-month figure through Mar 2026 was 0.7 (up 56.73% YoY), and the FY2025 annual result was 0.67, down 3.57% from the prior year.
  • Asset Utilization Ratio came in at 0.7 for Q1 2026 at Fortinet, up from 0.69 in the prior quarter.
  • Over the last five years, Asset Utilization Ratio for FTNT reached as high as 0.76 in Q4 2022 and fell as low as 0.31 in Q1 2022.
  • Median Asset Utilization Ratio over the past 5 years was 0.69 (2025), compared with a mean of 0.6.
  • On a YoY basis, Asset Utilization Ratio climbed as much as 189.03% in 2022 and fell as far as 46.32% in 2022.
  • Over 5 years, Asset Utilization Ratio stood at 0.76 in 2022, then retreated by 5.78% to 0.72 in 2023, then tumbled 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.
  • Per Business Quant, the three latest FTNT Asset Utilization Ratio figures stand at 0.7 (Q1 2026), 0.69 (Q4 2025), and 0.49 (Q3 2025).

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Asset Util. (Qtr)
1 ZenaTech 82,806.72 Bn 82,806.72 Bn - 0.14
2 Microsoft 11,085.79 Bn 11,007.52 Bn 56.06 Bn 0.47
3 Palantir Technologies 1,073.49 Bn 1,065.58 Bn 1.42 Bn 0.55
4 Rezolve Ai 1,009.18 Bn 1,009.17 Bn - -
5 Palo Alto Networks 824.56 Bn 820.03 Bn 1.91 Bn 0.41
6 CrowdStrike Holdings 701.26 Bn 698.20 Bn 993.68 Mn 0.46
7 Oracle 514.97 Bn 476.40 Bn 17.12 Bn 0.27
8 Fortinet 456.74 Bn 453.45 Bn 1.49 Bn 0.70
9 Cloudflare 331.63 Bn 330.68 Bn 455.60 Mn 0.38
10 Synopsys 303.79 Bn 303.67 Bn 1.77 Bn 0.17

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