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Asset Utilization RatioAssets AverageDebt RatioDebt to EquityEBIT MarginEBITDA MarginEBT MarginEnterprise ValueEquity AverageEquity RatioFCF MarginGross MarginInterest Coverage RatioInventory AverageInvested CapitalNet MarginOperating MarginReturn on AssetsReturn on Capital EmployedReturn on EquityReturn on Invested CapitalReturn on SalesTimes Interest Earned

Fortinet (FTNT) Operating Margin (2016 - 2025)

Historic Operating Margin for Fortinet (FTNT) over the last 16 years, with Q3 2025 value amounting to 31.73%.

  • Fortinet's Operating Margin rose 5000.0% to 31.73% in Q3 2025 from the same period last year, while for Sep 2025 it was 31.02%, marking a year-over-year increase of 27400.0%. This contributed to the annual value of 30.28% for FY2024, which is 68800.0% up from last year.
  • As of Q3 2025, Fortinet's Operating Margin stood at 31.73%, which was up 5000.0% from 28.1% recorded in Q2 2025.
  • In the past 5 years, Fortinet's Operating Margin ranged from a high of 34.58% in Q4 2024 and a low of 15.81% during Q1 2022
  • Moreover, its 5-year median value for Operating Margin was 23.1% (2022), whereas its average is 24.49%.
  • In the last 5 years, Fortinet's Operating Margin plummeted by -30800bps in 2021 and then soared by 89000bps in 2024.
  • Over the past 5 years, Fortinet's Operating Margin (Quarter) stood at 22.3% in 2021, then grew by 25bps to 27.89% in 2022, then decreased by -2bps to 27.23% in 2023, then increased by 27bps to 34.58% in 2024, then decreased by -8bps to 31.73% in 2025.
  • Its last three reported values are 31.73% in Q3 2025, 28.1% for Q2 2025, and 29.47% during Q1 2025.