Fortinet (FTNT) Interest Coverage Ratio (2021 - 2026)
Fortinet (FTNT) posted Interest Coverage Ratio of 215.41 for Q2 2026, up 55.98% on a QoQ basis from 138.1 in Q1 2026, and up 116.35% year-over-year from 99.57 in Q2 2025.
Powered by 
Analysis
Fortinet (FTNT) Interest Coverage Ratio (2021 - 2026) Analysis & Trends
Fortinet has reported Interest Coverage Ratio for 6 years, with the latest figure at 215.41 in Q2 2026.
- On a quarterly basis, Interest Coverage Ratio rose 116.35% year-over-year to 215.41 in Q2 2026; TTM through Jun 2026 was 135.68, a 34.51% increase from a year earlier, with the FY2025 full-year figure at 103.72, up 15.02% from the prior year.
- Interest Coverage Ratio was 215.41 for Q2 2026 at Fortinet, up from 138.1 in the prior quarter.
- The five-year high for Interest Coverage Ratio was 215.41 in Q2 2026, with the low at 33.56 in Q1 2022.
- Average Interest Coverage Ratio over 5 years is 88.29, with a median of 83.48 recorded in 2024.
- The sharpest annual moves came in 2022 and 2026: Interest Coverage Ratio sank 64.13% in 2022, then surged 116.35% in 2026.
- Over 5 years, Interest Coverage Ratio stood at 79.51 in 2022, then decreased by 10.24% to 71.37 in 2023, then soared by 64.16% to 117.16 in 2024, then climbed by 21.35% to 142.18 in 2025, then surged by 51.5% to 215.41 in 2026.
- The last three Interest Coverage Ratio figures came in at 215.41 (Q2 2026), 138.1 (Q1 2026), and 142.18 (Q4 2025), per Business Quant data.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Interest Cover (Qtr) |
|---|---|---|---|---|---|
| 1 | Palo Alto Networks | 320.54 Bn | 317.47 Bn | 2.30 Bn | - |
| 2 | CrowdStrike Holdings | 268.77 Bn | 263.80 Bn | 1.10 Bn | -5.50 |
| 3 | Fortinet | 131.12 Bn | 127.05 Bn | 1.64 Bn | 215.41 |
| 4 | Snowflake | 118.02 Bn | 115.67 Bn | 1.04 Bn | -126.37 |
| 5 | Datadog | 90.27 Bn | 85.29 Bn | 881.34 Mn | 1.68 |
| 6 | Axon Enterprise | 36.61 Bn | 35.93 Bn | 546.45 Mn | 1.66 |
| 7 | Zscaler | 34.97 Bn | 31.49 Bn | - | - |
| 8 | MongoDB | 34.51 Bn | 32.10 Bn | 569.77 Mn | 30.74 |
| 9 | Okta | 34.32 Bn | 32.02 Bn | 641.00 Mn | 5.63 |
| 10 | Baidu | 30.55 Bn | 8.15 Bn | 1.76 Mn | 4.97 |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 215.41 |
| Mar 31, 2026 | 138.10 |
| Dec 31, 2025 | 142.18 |
| Sep 30, 2025 | 88.27 |
| Jun 30, 2025 | 99.57 |
| Mar 31, 2025 | 92.61 |
| Dec 31, 2024 | 117.16 |
| Sep 30, 2024 | 94.18 |
| Jun 30, 2024 | 87.44 |
| Mar 31, 2024 | 62.98 |
| Dec 31, 2023 | 71.37 |
| Sep 30, 2023 | 56.15 |
| Jun 30, 2023 | 53.65 |
| Mar 31, 2023 | 54.70 |
| Dec 31, 2022 | 79.51 |
| Sep 30, 2022 | 59.00 |
| Jun 30, 2022 | 43.40 |
| Mar 31, 2022 | 33.56 |
| Dec 31, 2021 | 47.76 |
| Sep 30, 2021 | 36.17 |
API Access
Fortinet Interest Coverage Ratio API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=interest-coverage-ratio&ticker=FTNT&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "interest-coverage-ratio", "ticker": "FTNT", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=interest-coverage-ratio&ticker=FTNT&period=max&api_key=YOUR_API_KEY");
const data = await res.json();