Fortinet (FTNT) Interest Coverage Ratio (2010 - 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.
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 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.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Interest Cover (Qtr) |
|---|---|---|---|---|---|
| 1 | Microsoft | 3,679.34 Bn | 3,546.58 Bn | 60.48 Bn | 9.60 |
| 2 | Oracle | 433.50 Bn | 402.15 Bn | - | 4.26 |
| 3 | Palantir Technologies | 418.20 Bn | 408.90 Bn | 1.64 Bn | 0.06 |
| 4 | Palo Alto Networks | 312.41 Bn | 309.30 Bn | 2.03 Bn | -0.21 |
| 5 | Fortinet | 117.38 Bn | 113.31 Bn | 1.64 Bn | 9.17 |
| 6 | Cloudflare | 101.74 Bn | 97.57 Bn | 499.52 Mn | -0.72 |
| 7 | Synopsys | 80.70 Bn | 78.49 Bn | 1.77 Bn | 0.15 |
| 8 | CoreWeave | 58.00 Bn | 52.46 Bn | 1.70 Bn | 0.00 |
| 9 | Block | 49.79 Bn | 43.33 Bn | 3.17 Bn | 3.33 |
| 10 | NetApp | 40.59 Bn | 37.00 Bn | 1.37 Bn | 19.00 |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2026 | 9.17 |
| Mar 31, 2026 | 138.10 |
| Dec 31, 2025 | 142.18 |
| Sep 30, 2025 | 58.22 |
| Jun 30, 2025 | 6.78 |
| Mar 31, 2025 | 47.77 |
| Dec 31, 2024 | 117.16 |
| 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 | 17.63 |
| Sep 30, 2022 | 59.00 |
| Jun 30, 2022 | 43.40 |
| Mar 31, 2022 | 18.88 |
| Dec 31, 2021 | 13.95 |
| Sep 30, 2021 | 26.84 |