Fortinet (FTNT) Debt Ratio (2021 - 2026)

Fortinet has disclosed Debt Ratio across 6 years of filings, most recently posting 0.05 for Q1 2026.

• Debt Ratio for Q1 2026 came in at 0.05, down 47.42% year-over-year; the trailing twelve-month figure through Mar 2026 was 0.05 (down 47.42% YoY), and the FY2025 annual result was 0.1, down 5.84% from the prior year.
• Debt Ratio came in at 0.05 for Q1 2026 at Fortinet, down from 0.1 in the prior quarter.
• Over the last five years, Debt Ratio for FTNT reached as high as 0.19 in Q2 2022 and fell as low as 0.05 in Q1 2026.
• Median Debt Ratio over the past 5 years was 0.13 (2024), compared with a mean of 0.13.
• Year-over-year, Debt Ratio climbed 10.15% in 2022 and slumped 47.42% in 2026.
• Over 5 years, Debt Ratio stood at 0.16 in 2022, then dropped by 14.04% to 0.14 in 2023, then dropped by 25.5% to 0.1 in 2024, then declined by 5.84% to 0.1 in 2025, then tumbled by 47.58% to 0.05 in 2026.
• Per Business Quant, the three latest FTNT Debt Ratio figures stand at 0.05 (Q1 2026), 0.1 (Q4 2025), and 0.11 (Q3 2025).