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.

• In Q1 2026, Debt Ratio fell 47.42% year-over-year to 0.05; the TTM figure through Mar 2026 stood at 0.05 (down 47.42% YoY), while the FY2025 annual figure was 0.1, down 5.84% from the prior year.
• Debt Ratio was 0.05 for Q1 2026 at Fortinet, 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.
• Historically, Debt Ratio has averaged 0.13 across 5 years, with a median of 0.13 in 2024.
• The sharpest annual moves came in 2022 and 2026: Debt Ratio advanced 10.15% in 2022, then tumbled 47.42% in 2026.
• A 5-year view of Debt Ratio shows it 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 sank by 47.58% to 0.05 in 2026.
• The last three Debt Ratio figures came in at 0.05 (Q1 2026), 0.1 (Q4 2025), and 0.11 (Q3 2025), per Business Quant data.