Fortinet FTNT
NASDAQ FTNT
$156.55 +0.19 (+0.12%)
As of: Sep 4, 2026 · 2:38 PM EDT

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

Fortinet (FTNT) posted quarterly Interest Coverage Ratio of 9.17 for Q2 2026, down 79.19% year-over-year from 44.04 in Q2 2025, and up 18.37% quarter-over-quarter from 7.74 in Q1 2026.

Analysis

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

Fortinet's Interest Coverage Ratio history runs 17 years deep, the most recent figure standing at 9.17 for Q2 2026.

  • In Q2 2026, Interest Coverage Ratio fell 79.19% year-over-year to 9.17; the TTM figure through Jun 2026 stood at 32.48 (down 82.74% YoY), while the FY2025 annual figure was 8.63, up 136.17% from the prior year.
  • Interest Coverage Ratio for Q2 2026 stood at 9.17, up from 7.74 in the prior quarter.
  • The five-year high for Interest Coverage Ratio was 142.18 in Q4 2025, with the low at 7.74 in Q1 2026.
  • The 5-year median for Interest Coverage Ratio is 54.18 (2023), against an average of 57.15.
  • The sharpest annual moves came in 2023 and 2026: Interest Coverage Ratio soared 189.8% in 2023, then sank 83.79% in 2026.
  • Fortinet's Interest Coverage Ratio stood at 79.51 in 2022, then slumped by 35.37% to 51.39 in 2023, then surged by 128.0% to 117.16 in 2024, then gained by 21.35% to 142.18 in 2025, then slumped by 93.55% to 9.17 in 2026.
  • Business Quant data shows FTNT's Interest Coverage Ratio at 9.17 in Q2 2026, 7.74 in Q1 2026, and 142.18 in Q4 2025.
Peer Set

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Interest Cover (Qtr)
1 Microsoft 3,713.76 Bn 3,581.01 Bn 60.48 Bn 48.39
2 Oracle 450.04 Bn 418.14 Bn - 4.26
3 Palantir Technologies 418.31 Bn 408.90 Bn 1.64 Bn -
4 Palo Alto Networks 267.65 Bn 264.54 Bn 2.03 Bn -
5 CrowdStrike Holdings 216.60 Bn 211.59 Bn 1.10 Bn -5.50
6 Fortinet 114.71 Bn 110.64 Bn 1.64 Bn 215.41
7 Cloudflare 99.23 Bn 95.07 Bn 499.52 Mn -66.59
8 Synopsys 75.15 Bn 71.55 Bn 1.80 Bn 2.68
9 Block 49.78 Bn 43.36 Bn 3.17 Bn -
10 CoreWeave 48.53 Bn 42.99 Bn 1.70 Bn -
Historic Data

Historic Data

Download Data
DateValue
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