Fortinet FTNT
NASDAQ FTNT
$156.55 +0.19 (+0.12%)
As of: Sep 4, 2026 · 2:38 PM EDT

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

Fortinet (FTNT) posted quarterly Asset Utilization Ratio of 0.73 for Q2 2026, up 62.21% year-over-year from 0.45 in Q2 2025, and up 3.48% quarter-over-quarter from 0.7 in Q1 2026.

Analysis

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 0.73 for Q2 2026.

  • In Q2 2026, Asset Utilization Ratio rose 62.21% year-over-year to 0.73; the TTM figure through Jun 2026 stood at 0.73 (up 62.21% YoY), while the FY2025 annual figure was 0.67, down 3.57% from the prior year.
  • Asset Utilization Ratio for Q2 2026 stood at 0.73, up from 0.7 in the prior quarter.
  • The five-year high for Asset Utilization Ratio was 0.76 in Q4 2022, with the low at 0.45 in Q2 2025.
  • The 5-year median for Asset Utilization Ratio is 0.69 (2025), against an average of 0.63.
  • The sharpest annual moves came in 2022 and 2025: Asset Utilization Ratio surged 87.45% in 2022, then slumped 38.12% in 2025.
  • Fortinet's Asset Utilization Ratio stood at 0.76 in 2022, then fell by 5.78% to 0.72 in 2023, then plunged by 35.42% to 0.46 in 2024, then soared by 48.12% to 0.69 in 2025, then gained by 5.41% to 0.73 in 2026.
  • Business Quant data shows FTNT's Asset Utilization Ratio at 0.73 in Q2 2026, 0.7 in Q1 2026, and 0.69 in Q4 2025.
Peer Set

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Asset Util. (Qtr)
1 Microsoft 3,713.76 Bn 3,581.01 Bn 60.48 Bn 0.46
2 Oracle 450.04 Bn 418.14 Bn - 0.27
3 Palantir Technologies 418.31 Bn 408.90 Bn 1.64 Bn 0.56
4 Palo Alto Networks 267.65 Bn 264.54 Bn 2.03 Bn 0.30
5 CrowdStrike Holdings 216.60 Bn 211.59 Bn 1.10 Bn 0.46
6 Fortinet 114.71 Bn 110.64 Bn 1.64 Bn 0.73
7 Cloudflare 99.23 Bn 95.07 Bn 499.52 Mn 0.40
8 Synopsys 75.15 Bn 71.55 Bn 1.80 Bn 0.19
9 Block 49.78 Bn 43.36 Bn 3.17 Bn 0.63
10 CoreWeave 48.53 Bn 42.99 Bn 1.70 Bn 0.11
Historic Data

Historic Data

Download Data
DateValue
Jun 30, 2026 0.73
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 0.53
Mar 31, 2022 0.46
Dec 31, 2021 0.41
Sep 30, 2021 0.54