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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) EBITDA Margin (2016 - 2025)

Fortinet (FTNT) has 16 years of EBITDA Margin data on record, last reported at 32.84% in Q4 2025.

  • For Q4 2025, EBITDA Margin fell 174.0% year-over-year to 32.84%; the TTM value through Dec 2025 reached 30.66%, up 38.0%, while the annual FY2025 figure was 30.66%, 38.0% up from the prior year.
  • EBITDA Margin reached 32.84% in Q4 2025 per FTNT's latest filing, up from 31.73% in the prior quarter.
  • Across five years, EBITDA Margin topped out at 34.58% in Q4 2024 and bottomed at 15.81% in Q1 2022.
  • Average EBITDA Margin over 5 years is 24.91%, with a median of 23.42% recorded in 2024.
  • Peak YoY movement for EBITDA Margin: crashed -8288bps in 2021, then soared 890bps in 2024.
  • A 5-year view of EBITDA Margin shows it stood at 22.3% in 2021, then rose by 25bps to 27.89% in 2022, then dropped by -2bps to 27.23% in 2023, then increased by 27bps to 34.58% in 2024, then fell by -5bps to 32.84% in 2025.
  • Per Business Quant database, its latest 3 readings for EBITDA Margin were 32.84% in Q4 2025, 31.73% in Q3 2025, and 28.1% in Q2 2025.