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
DateValue
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