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Asset Utilization RatioAssets AverageDebt RatioDebt to EquityEBIT MarginEBITDA MarginEBT MarginEnterprise ValueEquity AverageEquity RatioFCF MarginGross MarginInterest Coverage RatioInventory AverageInvested CapitalNet MarginOperating MarginReturn on AssetsReturn on Capital EmployedReturn on EquityReturn on Invested CapitalReturn on SalesTimes Interest Earned

Fortinet (FTNT) Debt Ratio (2021 - 2026)

Fortinet's Debt Ratio history spans 6 years, with the latest figure at 0.05 for Q1 2026.

  • Quarterly Debt Ratio fell 47.42% to 0.05 in Q1 2026 from the year-ago period, while the trailing twelve-month figure was 0.05 through Mar 2026, down 47.42% year-over-year, with the annual reading at 0.1 for FY2025, 5.84% down from the prior year.
  • Debt Ratio came in at 0.05 for Q1 2026, down from 0.1 in the prior quarter.
  • In the past five years, Debt Ratio ranged from a high of 0.19 in Q2 2022 to a low of 0.05 in Q1 2026.
  • The 5-year median for Debt Ratio is 0.13 (2024), against an average of 0.13.
  • Year-over-year, Debt Ratio grew 10.15% in 2022 and then tumbled 47.42% in 2026.
  • Fortinet's Debt Ratio stood at 0.16 in 2022, then fell by 14.04% to 0.14 in 2023, then fell by 25.5% to 0.1 in 2024, then dropped by 5.84% to 0.1 in 2025, then plummeted by 47.58% to 0.05 in 2026.
  • Per Business Quant, the three most recent readings for FTNT's Debt Ratio are 0.05 (Q1 2026), 0.1 (Q4 2025), and 0.11 (Q3 2025).