Fortinet (FTNT) Return on Capital Employed (2011 - 2026)

Fortinet has disclosed Return on Capital Employed across 16 years of filings, most recently posting 40.1% for Q1 2026.

• Return on Capital Employed for Q1 2026 came in at 40.1%, up 397.0% year-over-year; the trailing twelve-month figure through Mar 2026 was 40.1% (up 397.0% YoY), and the FY2025 annual result was 41.35%, up 82.0% from the prior year.
• Return on Capital Employed came in at 40.1% for Q1 2026 at Fortinet, down from 43.06% in the prior quarter.
• Over the last five years, Return on Capital Employed for FTNT reached as high as 43.06% in Q4 2025 and fell as low as 20.76% in Q1 2022.
• Median Return on Capital Employed over the past 5 years was 34.37% (2024), compared with a mean of 34.02%.
• Year-over-year, Return on Capital Employed jumped 1793 bps in 2022 and tumbled 186 bps in 2023.
• Over 5 years, Return on Capital Employed stood at 35.86% in 2022, then dropped by 5 bps to 34.0% in 2023, then advanced by 1 bps to 34.37% in 2024, then gained by 25 bps to 43.06% in 2025, then decreased by 7 bps to 40.1% in 2026.
• Per Business Quant, the three latest FTNT Return on Capital Employed figures stand at 40.1% (Q1 2026), 43.06% (Q4 2025), and 38.99% (Q3 2025).