Fortinet (FTNT) Interest Coverage Ratio (2010 - 2026)
Fortinet's (FTNT) quarterly Interest Coverage Ratio came in at 138.1 in Q1 2026, up 189.09% year-on-year from 47.77 in Q1 2025, and up 685.84% quarter-over-quarter from 17.57 in Q4 2025.
Fortinet (FTNT) Interest Coverage Ratio (2010 - 2026) Analysis & Trends
Fortinet's Interest Coverage Ratio history runs 17 years deep, the most recent figure standing at 138.1 for Q1 2026.
- On a quarterly basis, Interest Coverage Ratio rose 189.09% year-over-year to 138.1 in Q1 2026; TTM through Mar 2026 was 32.37, a 84.12% decrease from a year earlier, with the FY2025 full-year figure at 8.63, up 136.17% from the prior year.
- Interest Coverage Ratio rose to 138.1 in Q1 2026 per FTNT's latest filing, from 17.57 in the prior quarter.
- Across five years, Interest Coverage Ratio topped out at 138.1 in Q1 2026 and bottomed at 6.78 in Q2 2025.
- The 5-year median for Interest Coverage Ratio is 53.65 (2023), against an average of 52.67.
- Across the five-year window, Interest Coverage Ratio soared 189.8% in 2023 and plunged 92.25% in 2025, its largest moves.
- Year by year, Interest Coverage Ratio stood at 79.51 in 2022, then sank by 35.37% to 51.39 in 2023, then tumbled by 52.46% to 24.43 in 2024, then fell by 28.07% to 17.57 in 2025, then surged by 685.84% to 138.1 in 2026.
- Per Business Quant, the three latest FTNT Interest Coverage Ratio figures stand at 138.1 (Q1 2026), 17.57 (Q4 2025), and 58.22 (Q3 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Interest Cover (Qtr) |
|---|---|---|---|---|---|
| 1 | Microsoft | 2,842.90 Bn | 2,718.46 Bn | 56.06 Bn | 0.45 |
| 2 | PagSeguro Digital | 2,572.26 Bn | 2,572.26 Bn | 358.92 Mn | -2.84 |
| 3 | Oracle | 329.59 Bn | 297.69 Bn | - | 4.26 |
| 4 | Repay Holdings | 314.63 Bn | 314.48 Bn | - | - |
| 5 | Palantir Technologies | 294.47 Bn | 286.44 Bn | 1.42 Bn | 0.04 |
| 6 | Palo Alto Networks | 227.51 Bn | 222.98 Bn | 1.91 Bn | 2.54 |
| 7 | CrowdStrike Holdings | 183.28 Bn | 180.18 Bn | 993.68 Mn | - |
| 8 | Fortinet | 112.44 Bn | 109.14 Bn | 1.49 Bn | 138.10 |
| 9 | Cloudflare | 92.78 Bn | 91.83 Bn | 455.60 Mn | -1.74 |
| 10 | Synopsys | 70.83 Bn | 68.63 Bn | 1.77 Bn | 0.15 |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 138.10 |
| Dec 31, 2025 | 17.57 |
| Sep 30, 2025 | 58.22 |
| Jun 30, 2025 | 6.78 |
| Mar 31, 2025 | 47.77 |
| Dec 31, 2024 | 24.43 |
| Sep 30, 2024 | 35.41 |
| Jun 30, 2024 | 87.44 |
| Mar 31, 2024 | 62.98 |
| Dec 31, 2023 | 51.39 |
| 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 | 18.88 |
| Dec 31, 2021 | 47.76 |
| Sep 30, 2021 | 26.84 |
| Jun 30, 2021 | 32.78 |