KPIs & Operating Metrics(New)
Balance Sheet
Cash Flow Statement
Daily Values
Growth Metrics
Income Statement
Others
Ratios
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) FCF Margin (2016 - 2025)

Historic FCF Margin for Fortinet (FTNT) over the last 16 years, with Q3 2025 value amounting to 32.9%.

  • Fortinet's FCF Margin fell 50100.0% to 32.9% in Q3 2025 from the same period last year, while for Sep 2025 it was 30.95%, marking a year-over-year increase of 18100.0%. This contributed to the annual value of 31.55% for FY2024, which is 10900.0% down from last year.
  • As of Q3 2025, Fortinet's FCF Margin stood at 32.9%, which was down 50100.0% from 17.43% recorded in Q2 2025.
  • In the past 5 years, Fortinet's FCF Margin ranged from a high of 51.75% in Q1 2025 and a low of 11.65% during Q4 2023
  • Over the past 5 years, Fortinet's median FCF Margin value was 34.38% (recorded in 2022), while the average stood at 33.63%.
  • Examining YoY changes over the last 5 years, Fortinet's FCF Margin showed a top increase of 226300bps in 2023 and a maximum decrease of -271100bps in 2023.
  • Fortinet's FCF Margin (Quarter) stood at 22.36% in 2021, then skyrocketed by 73bps to 38.75% in 2022, then tumbled by -70bps to 11.65% in 2023, then skyrocketed by 97bps to 22.89% in 2024, then soared by 44bps to 32.9% in 2025.
  • Its FCF Margin stands at 32.9% for Q3 2025, versus 17.43% for Q2 2025 and 51.75% for Q1 2025.