Fortinet (FTNT) Asset Utilization Ratio (2016 - 2025)
Historic Asset Utilization Ratio for Fortinet (FTNT) over the last 16 years, with Q3 2025 value amounting to 0.66.
- Fortinet's Asset Utilization Ratio fell 299.82% to 0.66 in Q3 2025 from the same period last year, while for Sep 2025 it was 0.66, marking a year-over-year decrease of 299.82%. This contributed to the annual value of 0.7 for FY2024, which is 1104.45% down from last year.
- Per Fortinet's latest filing, its Asset Utilization Ratio stood at 0.66 for Q3 2025, which was down 299.82% from 0.6 recorded in Q2 2025.
- In the past 5 years, Fortinet's Asset Utilization Ratio registered a high of 0.77 during Q3 2022, and its lowest value of 0.54 during Q2 2021.
- Over the past 5 years, Fortinet's median Asset Utilization Ratio value was 0.68 (recorded in 2024), while the average stood at 0.66.
- Its Asset Utilization Ratio has fluctuated over the past 5 years, first tumbled by 2568.59% in 2021, then soared by 4215.45% in 2022.
- Quarter analysis of 5 years shows Fortinet's Asset Utilization Ratio stood at 0.56 in 2021, then skyrocketed by 35.89% to 0.76 in 2022, then dropped by 5.78% to 0.72 in 2023, then dropped by 11.11% to 0.64 in 2024, then increased by 2.42% to 0.66 in 2025.
- Its Asset Utilization Ratio was 0.66 in Q3 2025, compared to 0.6 in Q2 2025 and 0.61 in Q1 2025.