Fortinet (FTNT) Debt Ratio (2021 - 2026)

Fortinet's Debt Ratio history runs 6 years deep, the most recent figure standing at 0.05 for Q1 2026.

• On a quarterly basis, Debt Ratio fell 47.42% year-over-year to 0.05 in Q1 2026; TTM through Mar 2026 was 0.05, a 47.42% decrease from a year earlier, with the FY2025 full-year figure at 0.1, down 5.84% from the prior year.
• Debt Ratio declined to 0.05 in Q1 2026 per FTNT's latest filing, from 0.1 in the prior quarter.
• Across five years, Debt Ratio topped out at 0.19 in Q2 2022 and bottomed at 0.05 in Q1 2026.
• The 5-year median for Debt Ratio is 0.13 (2024), against an average of 0.13.
• Across the five-year window, Debt Ratio grew 10.15% in 2022 and tumbled 47.42% in 2026, its largest moves.
• Year by year, 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).