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.

• On a quarterly basis, Return on Capital Employed rose 397.0% year-over-year to 40.1% in Q1 2026; TTM through Mar 2026 was 40.1%, a 397.0% increase from a year earlier, with the FY2025 full-year figure at 41.35%, up 82.0% from the prior year.
• Return on Capital Employed retreated to 40.1% in Q1 2026 per FTNT's latest filing, from 43.06% in the prior quarter.
• Across five years, Return on Capital Employed topped out at 43.06% in Q4 2025 and bottomed at 20.76% in Q1 2022.
• The 5-year median for Return on Capital Employed is 34.37% (2024), against an average of 34.02%.
• Across the five-year window, Return on Capital Employed surged 1793 bps in 2022 and plunged 186 bps in 2023, its largest moves.
• Year by year, 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 grew by 25 bps to 43.06% in 2025, then retreated 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).