Fortinet (FTNT) Interest Coverage Ratio (2021 - 2026)

Fortinet (FTNT) recorded quarterly Interest Coverage Ratio of 138.1 in Q1 2026, down 2.87% quarter-over-quarter from 142.18 in Q4 2025, and up 49.11% on a YoY basis from 92.61 in Q1 2025.

Fortinet (FTNT) Interest Coverage Ratio (2021 - 2026) Analysis & Trends

Fortinet's Interest Coverage Ratio history runs 6 years deep, the most recent figure standing at 138.1 for Q1 2026.

  • In Q1 2026, Interest Coverage Ratio rose 49.11% year-over-year to 138.1; the TTM figure through Mar 2026 stood at 113.96 (up 16.55% YoY), while the FY2025 annual figure was 103.72, up 15.02% from the prior year.
  • Interest Coverage Ratio was 138.1 for Q1 2026 at Fortinet, down from 142.18 in the prior quarter.
  • In the past five years, Interest Coverage Ratio ranged from a high of 142.18 in Q4 2025 to a low of 33.56 in Q1 2022.
  • Historically, Interest Coverage Ratio has averaged 80.81 across 5 years, with a median of 79.51 in 2022.
  • The sharpest annual moves came in 2022 and 2024: Interest Coverage Ratio slumped 64.13% in 2022, then soared 67.73% in 2024.
  • A 5-year view of Interest Coverage Ratio shows it stood at 79.51 in 2022, then retreated by 10.24% to 71.37 in 2023, then surged by 64.16% to 117.16 in 2024, then advanced by 21.35% to 142.18 in 2025, then retreated by 2.87% to 138.1 in 2026.
  • The last three Interest Coverage Ratio figures came in at 138.1 (Q1 2026), 142.18 (Q4 2025), and 88.27 (Q3 2025), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Interest Cover (Qtr)
1 Microsoft 2,998.30 Bn 2,920.03 Bn 56.06 Bn 49.35
2 Alarum Technologies 1,040.72 Bn 1,026.57 Bn 7.23 Mn -
3 Oracle 590.32 Bn 551.74 Bn 15.14 Bn 4.63
4 Palantir Technologies 316.31 Bn 308.39 Bn 1.42 Bn -
5 Palo Alto Networks 181.17 Bn 176.63 Bn 1.91 Bn -
6 CrowdStrike Holdings 161.69 Bn 158.63 Bn 993.68 Mn 1.83
7 Fortinet 102.35 Bn 99.06 Bn 1.49 Bn 138.10
8 Synopsys 88.25 Bn 88.13 Bn 1.77 Bn 1.25
9 Cloudflare 83.26 Bn 82.32 Bn 455.60 Mn -24.19
10 CoreWeave 51.85 Bn 49.58 Bn 2.01 Bn -

Historic Data

Download Data
DateValue
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
Jun 30, 2021 32.78