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

Fortinet's Return on Capital Employed history runs 16 years deep, the most recent figure standing at 40.1% for Q1 2026.

• In Q1 2026, Return on Capital Employed rose 397.0% year-over-year to 40.1%; the TTM figure through Mar 2026 stood at 40.1% (up 397.0% YoY), while the FY2025 annual figure was 41.35%, up 82.0% from the prior year.
• Return on Capital Employed was 40.1% for Q1 2026 at Fortinet, down from 43.06% in the prior quarter.
• In the past five years, Return on Capital Employed ranged from a high of 43.06% in Q4 2025 to a low of 20.76% in Q1 2022.
• Historically, Return on Capital Employed has averaged 34.02% across 5 years, with a median of 34.37% in 2024.
• The sharpest annual moves came in 2022 and 2023: Return on Capital Employed soared 1793 bps in 2022, then plunged 186 bps in 2023.
• A 5-year view of Return on Capital Employed shows it 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.
• The last three Return on Capital Employed figures came in at 40.1% (Q1 2026), 43.06% (Q4 2025), and 38.99% (Q3 2025), per Business Quant data.