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Screener Weekly Summary Pricing

Fortinet, Inc. FTNT

Technology  —  Software Infrastructure
173.46 (5.21) (2.92%) as of 25 Sep
Market cap
$130.0B
P/E
60.7×
S&P 500 Member Cash Flow Champion (10y) Revenue Champion (10y)
Indexes indicate stock being part of an index,
Growth Flags show if company had growth for consecutive years
Overview Business Profile Financial Analysis Income Statement Balance Sheet Cash Flow Metrics & Ratios 10-Q 10-K

Fortinet, Inc. (FTNT) Debt to equity

Fortinet, Inc.'s debt to equity at the end of the quarter to 30 June 2026 was 0.3×, down 0.5× from fiscal 2025 (0.8×). Over the past ten years it has ranged from −3.6× (fiscal 2022) to 1.3× (fiscal 2021); the current reading is higher than 91% of that period. That is above the Software Infrastructure industry median of 0.1× and above the Technology sector median of 0.1×.

Debt to equity, annual

Annual

Period Debt to equity Change
FY2025 0.8× 20.96%
FY2024 0.7× —
FY2023 −2.1× —
FY2022 −3.6× —
FY2021 1.3× 1,952.50%
FY2020 0.1× 76.86%
FY2019 0.0× —
FY2018 0.0× —
FY2017 0.0× —
FY2016 0.0× —

Quarterly

Period Debt to equity Change
Jun 2026 0.3× (36.18%)
Mar 2026 0.5× (37.65%)
Dec 2025 0.8× (40.57%)
Sep 2025 1.4× 180.44%
42 more quarters

Against its own ten years

Low −3.6× High 1.3×
Ten-year median 0.0×
Current reading's percentile 91

Debt to equity against peers

Company Debt to equity
PANW Palo Alto Networks, Inc. compare 0.1×
TWLO Twilio Inc. compare 0.1×
CRWD CrowdStrike compare 0.1×
XYZ Block, Inc. compare 0.3×
FTNT Fortinet, Inc. 0.3×
SNPS Synopsys, Inc. compare 0.3×
NBIS Nebius Group N.V. compare 0.8×
NET Cloudflare, Inc. compare 1.2×
CRWV CoreWeave Inc. compare 7.0×
Software Infrastructure industry median 0.1×
Technology sector median 0.1×
Market median 0.2×

What Debt to equity is

Debt to Equity Ratio shows how much a company relies on borrowed money compared with the money its shareholders have in the business.

(Long Term Debt (Total) + Current Part of Debt) ÷ Shareholders Equity (Total)

The full definition of Debt to equity →

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