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Fortinet (FTNT) Debt to Equity (2021 - 2025)

Historic Debt to Equity for Fortinet (FTNT) over the last 5 years, with Q3 2025 value amounting to $1.35.

  • Fortinet's Debt to Equity rose 2379.53% 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 2379.53%. This contributed to the annual value of $0.67 for FY2024, which is 13108.41% up from last year.
  • Fortinet's Debt to Equity amounted to $1.35 in Q3 2025, which was up 2379.53% 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.
  • Its 5-year average for Debt to Equity is $5.38, with a median of $0.94 in 2021.
  • Per our database at Business Quant, Fortinet's Debt to Equity tumbled by 38409.64% in 2022 and then soared by 194975.12% in 2023.
  • Over the past 5 years, Fortinet's Debt to Equity (Quarter) stood at $1.24 in 2021, then tumbled by 384.1% to -$3.52 in 2022, then soared by 39.12% to -$2.14 in 2023, then surged by 131.08% to $0.67 in 2024, then surged by 103.54% 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.