Fortinet, Inc. FTNT

173.46 (5.21) (2.92%) as of 25 Sep
Market cap
$130.0B
P/E
60.7×
Indexes indicate stock being part of an index,
Growth Flags show if company had growth for consecutive years

Fortinet, Inc. (FTNT) Return on equity

Fortinet, Inc.'s return on equity over the twelve months to 30 June 2026 was 117.4%, down 18.3 percentage points from fiscal 2025 (135.7%). Over the past ten years it has ranged from −308.1% (fiscal 2023) to 338.7% (fiscal 2024); the current reading is higher than 82% of that period. That is above the Software Infrastructure industry median of 0.59% and above the Technology sector median of 0.27%.

Return on equity, annual

Annual

Period Return on equity Change (points)
FY2025 135.7% (203.02)
FY2024 338.7% 646.87
FY2023 −308.1% (639.90)
FY2022 331.8% 258.41
FY2021 73.4% 28.92
FY2020 44.4% 16.24
FY2019 28.2% (13.67)
FY2018 41.9% 37.47
FY2017 4.40% 0.36
FY2016 4.04% 2.92

Against its own ten years

Low −308.1% High 338.7%
Ten-year median 41.9%
Current reading's percentile 82

Return on equity against peers

Company Return on equity
FTNT Fortinet, Inc. 117.4%
TWLO Twilio Inc. compare 13.5%
SNPS Synopsys, Inc. compare 3.66%
PANW Palo Alto Networks, Inc. compare 1.74%
XYZ Block, Inc. compare 1.62%
CRWD CrowdStrike compare 1.01%
NBIS Nebius Group N.V. compare 0.60%
NET Cloudflare, Inc. compare −14.4%
CRWV CoreWeave Inc. compare −50.2%
Software Infrastructure industry median 0.59%
Technology sector median 0.27%
Market median 1.76%

What Return on equity is

ROE shows how much profit a company earns for its shareholders on the equity they have in the business.

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

The full definition of Return on equity →

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