Fortinet (FTNT) Return on Equity [ROE] (2011 - 2026)
Fortinet's Return on Equity [ROE] came in at 120.13% for Q3 2026, down 13.57 percentage points from 133.70% a year earlier and down 46.73 percentage points from the prior quarter.
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Analysis
Fortinet (FTNT) Return on Equity [ROE] (2011 - 2026) Analysis & Trends
For FY2025, Fortinet's Return on Equity [ROE] was 134.96%, down 203.78 percentage points from FY2024.
- Return on Equity [ROE] carries a five-year change of +90.52 percentage points (FY2020 to FY2025).
- Going back by year, Return on Equity [ROE] was 338.74% in FY2024, 331.50% in FY2022 (+258.16 pp) and 73.34% in FY2021 (+28.90 pp).
- The Q3 2026 figure represents the lowest quarterly Return on Equity [ROE] since Q2 2025.
- Year-over-year, Return on Equity [ROE] increased in three of the last six quarters, with an average year-over-year change of -272.44 percentage points.
- The fastest year-over-year change in Return on Equity [ROE] over five years came in Q2 2024 (a gain of 1130.35 percentage points), and the weakest in Q2 2025 (a drop of 1670.65 percentage points).
- Business Quant data shows FTNT's Return on Equity [ROE] at 166.87% (Q2 2026), 175.55% (Q1 2026) and 186.87% (Q4 2025) in the three quarters before Q3 2026.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | ROE (Qtr) |
|---|---|---|---|---|---|
| 1 | Palo Alto Networks | 235.00 Bn | 220.07 Bn | 2.30 Bn | 1.11% |
| 2 | CrowdStrike Holdings | 221.18 Bn | 201.58 Bn | 1.10 Bn | 1.60% |
| 3 | Snowflake | 96.49 Bn | 83.81 Bn | 1.04 Bn | -53.23% |
| 4 | Fortinet | 87.26 Bn | 71.51 Bn | 1.64 Bn | 120.13% |
| 5 | Datadog | 64.27 Bn | 44.82 Bn | 959.92 Mn | 5.77% |
| 6 | Zscaler | 31.67 Bn | 17.82 Bn | 689.22 Mn | -2.54% |
| 7 | Okta | 29.42 Bn | 19.51 Bn | 641.00 Mn | 4.27% |
| 8 | Axon Enterprise | 25.30 Bn | 19.82 Bn | 546.45 Mn | 5.53% |
| 9 | MongoDB | 25.20 Bn | 15.67 Bn | 569.77 Mn | 1.99% |
| 10 | Roku | 23.89 Bn | 13.92 Bn | 648.52 Mn | 17.54% |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Sep 30, 2026 | 120.13% |
| Jun 30, 2026 | 166.87% |
| Mar 31, 2026 | 175.55% |
| Dec 31, 2025 | 186.87% |
| Sep 30, 2025 | 133.70% |
| Jun 30, 2025 | 96.43% |
| Mar 31, 2025 | 109.44% |
| Dec 31, 2024 | 147.77% |
| Sep 30, 2024 | 259.77% |
| Jun 30, 2024 | 1,767.09% |
| Sep 30, 2023 | 582.19% |
| Jun 30, 2023 | 636.74% |
| Mar 31, 2022 | 123.65% |
| Dec 31, 2021 | 62.74% |
| Sep 30, 2021 | 50.75% |
| Jun 30, 2021 | 50.69% |
| Mar 31, 2021 | 53.47% |
| Dec 31, 2020 | 62.26% |
| Sep 30, 2020 | 71.88% |
| Jun 30, 2020 | 74.16% |
API Access
Fortinet Return on Equity [ROE] API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=return-on-equity-%5Broe%5D&ticker=FTNT&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "return-on-equity-[roe]", "ticker": "FTNT", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=return-on-equity-%5Broe%5D&ticker=FTNT&period=max&api_key=YOUR_API_KEY");
const data = await res.json();