Fortinet (FTNT) Debt to Equity: 2021-2025
Historic Debt to Equity for Fortinet (FTNT) over the last 5 years, with Sep 2025 value amounting to $1.35.
- Fortinet's Debt to Equity rose 23.80% to $1.35 in Q3 2025 from the same period last year, while for Sep 2025 it was $1.35, marking a year-over-year increase of 23.80%. This contributed to the annual value of $0.67 for FY2024, which is 131.08% up from last year.
- Per Fortinet's latest filing, its Debt to Equity stood at $1.35 for Q3 2025, which was up 180.46% from $0.48 recorded in Q2 2025.
- Over the past 5 years, Fortinet's Debt to Equity peaked at $86.92 during Q1 2023, and registered a low of -$7.22 during Q1 2024.
- Moreover, its 3-year median value for Debt to Equity was $1.09 (2024), whereas its average is $9.23.
- In the last 5 years, Fortinet's Debt to Equity plummeted by 384.10% in 2022 and then surged by 1,949.75% in 2023.
- Over the past 5 years, Fortinet's Debt to Equity (Quarterly) stood at $1.24 in 2021, then plummeted by 384.10% to -$3.52 in 2022, then soared by 39.12% to -$2.14 in 2023, then skyrocketed by 131.08% to $0.67 in 2024, then grew by 23.80% to $1.35 in 2025.
- Its Debt to Equity stands at $1.35 for Q3 2025, versus $0.48 for Q2 2025 and $0.51 for Q1 2025.