Fortinet, Inc. FTNT
173.46
(5.21)
(2.92%)
as of 25 Sep
- Market cap
- $130.0B
- P/E
- 60.7×
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Fortinet, Inc. (FTNT) Current ratio
Fortinet, Inc.'s current ratio at the end of the quarter to 30 June 2026 was 1.3×, up 0.1× from fiscal 2025 (1.2×). Over the past ten years it has ranged from 1.2× (fiscal 2025) to 1.9× (fiscal 2019) — the current reading is the lowest in ten years. That is below the Software Infrastructure industry median of 1.6× and below the Technology sector median of 1.9×.
Current ratio, annual
Annual
| Period | Current ratio | Change |
|---|---|---|
| FY2025 | 1.2× | (20.30%) |
| FY2024 | 1.5× | 23.51% |
| FY2023 | 1.2× | (3.81%) |
| FY2022 | 1.2× | (20.31%) |
| FY2021 | 1.6× | 3.70% |
| FY2020 | 1.5× | (21.25%) |
| FY2019 | 1.9× | 7.60% |
| FY2018 | 1.8× | 5.77% |
| FY2017 | 1.7× | (9.91%) |
| FY2016 | 1.9× | (0.91%) |
Quarterly
| Period | Current ratio | Change |
|---|---|---|
| Jun 2026 | 1.3× | 11.19% |
| Mar 2026 | 1.2× | (1.60%) |
| Dec 2025 | 1.2× | 14.17% |
| Sep 2025 | 1.0× | (22.72%) |
| 42 more quarters | Free account |
Against its own ten years
Low 1.2×
High 1.9×
Ten-year median
1.6×
Current reading's percentile
9
Current ratio against peers
| Company | Current ratio |
|---|---|
| TWLO Twilio Inc. compare | 4.6× |
| NBIS Nebius Group N.V. compare | 4.0× |
| XYZ Block, Inc. compare | 2.2× |
| NET Cloudflare, Inc. compare | 1.8× |
| CRWD CrowdStrike compare | 1.6× |
| SNPS Synopsys, Inc. compare | 1.3× |
| FTNT Fortinet, Inc. | 1.3× |
| PANW Palo Alto Networks, Inc. compare | 0.9× |
| CRWV CoreWeave Inc. compare | 0.5× |
| Software Infrastructure industry median | 1.6× |
| Technology sector median | 1.9× |
| Market median | 1.6× |
What Current ratio is
Current Ratio shows whether a company’s short-term assets are enough to cover the bills and debts it must pay within the next year.
Current Assets (Total) ÷ Current Liabilities (Total)
More on FTNT
- Revenue
- Net income
- EBITDA
- Free cash flow
- Operating cash flow
- Gross margin
- Operating margin
- Net margin
- Free cash flow margin
- P/E ratio
- P/S ratio
- P/B ratio
- Price to free cash flow
- EV/EBITDA
- EV/Sales
- Return on equity
- Return on assets
- Return on invested capital
- Debt to equity
- Total debt
- Shares outstanding
- Book value per share
- Revenue growth
- The full statement