Fortinet, Inc.

FTNT Technology Software Infrastructure

Fortinet, Inc.’s revenue for fiscal 2025 (year ended December 2025) was $6.8 billion, up 14.2% from fiscal 2024. In the quarter to June 2026, revenue grew 25.6%, EPS grew 45.6%, free cash flow grew 239.9% and total debt fell 50.1%, each against the same quarter a year earlier. Member of the S&P 500 and Nasdaq 100; revenue growth for ten consecutive years, operating cash flow growth for ten.

169.13 12.78 −7.03%
Market cap
$133.5B
P/E
59.1×
Fwd P/E
52.1×
Dividend yield
—
F-score
5/9
Altman Z
5.29
Beneish M
−2.64
Dividend safety
n/a

Fortinet, Inc. (FTNT) Return on assets

Alert me on Return on assets

Fortinet, Inc.'s return on assets over the twelve months to 30 June 2026 was 19.7%, up 1.3 percentage points from fiscal 2025 (18.4%). Over the past ten years it has ranged from 0.50% (fiscal 2015) to 20.5% (fiscal 2024); the current reading is higher than 91% of that period. That is above the Software Infrastructure industry median of 0.00% and above the Technology sector median of 0.00%.

Return on assets, annual

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Annual newest first

Period Return on assets Change (points)
FY2025 18.4% (2.12)
FY2024 20.5% 3.49
FY2023 17.0% 2.90
FY2022 14.1% 1.94
FY2021 12.2% (0.15)
FY2020 12.3% 2.79
FY2019 9.54% (3.01)
FY2018 12.6% 11.12
FY2017 1.43% (0.21)
FY2016 1.64% 1.14

Against its own ten years

Low 0.50% High 20.5%
Ten-year median 12.3%
Current reading's percentile 91

Return on assets against peers

Company Return on assets
FTNT Fortinet, Inc. 19.7%
NTAP NetApp, Inc. compare 13.7%
ORCL Oracle Corporation compare 7.75%
SNPS Synopsys, Inc. compare 2.24%
XYZ Block, Inc. compare 0.94%
PANW Palo Alto Networks, Inc. compare 0.85%
CRWD CrowdStrike compare 0.42%
NBIS Nebius Group N.V. compare 0.26%
NET Cloudflare, Inc. compare −3.43%
Software Infrastructure industry median 0.00%
Technology sector median 0.00%
Market median 0.00%

What Return on assets is

ROA tells an investor how much profit a company earns for shareholders from the assets it uses to run its business.

Annual: Net Income Allotted to Shareholders ÷ Average Assets; TTM: Net Income Allotted to Shareholders ÷ Average Assets (latest quarter)

The full definition of Return on assets →

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