Fortinet Debt to Equity Ratio 2010-2024 | FTNT

Current and historical debt to equity ratio values for Fortinet (FTNT) over the last 10 years. The debt/equity ratio can be defined as a measure of a company's financial leverage calculated by dividing its long-term debt by stockholders' equity. Fortinet debt/equity for the three months ending December 31, 2024 was 0.67.
Fortinet Debt/Equity Ratio Historical Data
Date Long Term Debt Shareholder's Equity Debt to Equity Ratio
2024-12-31 $8.27B $1.49B 5.54
2024-09-30 $7.94B $0.91B 8.75
2024-06-30 $7.77B $0.29B 26.94
2024-03-31 $7.80B $-0.14B -56.72
2023-12-31 $7.72B $-0.46B -16.66
2023-09-30 $7.41B $0.07B 99.94
2023-06-30 $7.17B $0.32B 22.31
2023-03-31 $6.82B $0.01B 598.33
2022-12-31 $6.51B $-0.28B -23.12
2022-09-30 $5.96B $-0.62B -9.57
2022-06-30 $5.67B $-0.38B -14.95
2022-03-31 $5.42B $0.23B 23.23
2021-12-31 $5.12B $0.80B 6.41
2021-09-30 $4.84B $1.14B 4.26
2021-06-30 $4.51B $1.05B 4.29
2021-03-31 $4.30B $0.98B 4.39
2020-12-31 $3.19B $0.86B 3.73
2020-09-30 $2.87B $0.71B 4.03
2020-06-30 $2.79B $0.54B 5.12
2020-03-31 $2.67B $0.54B 4.98
2019-12-31 $2.54B $1.34B 1.89
2019-09-30 $2.35B $1.20B 1.95
2019-06-30 $2.25B $1.12B 2.00
2019-03-31 $2.15B $1.06B 2.03
2018-12-31 $2.07B $1.01B 2.05
2018-09-30 $1.87B $0.89B 2.10
2018-06-30 $1.80B $0.78B 2.30
2018-03-31 $1.71B $0.69B 2.46
2017-12-31 $1.67B $0.59B 2.83
2017-09-30 $1.49B $0.90B 1.66
2017-06-30 $1.44B $0.92B 1.56
2017-03-31 $1.37B $0.90B 1.52
2016-12-31 $1.30B $0.84B 1.56
2016-09-30 $1.19B $0.82B 1.44
2016-06-30 $1.16B $0.81B 1.44
2016-03-31 $1.07B $0.74B 1.44
2015-12-31 $1.04B $0.76B 1.37
2015-09-30 $0.91B $0.80B 1.15
2015-06-30 $0.85B $0.75B 1.14
2015-03-31 $0.78B $0.72B 1.08
2014-12-31 $0.75B $0.68B 1.11
2014-09-30 $0.66B $0.65B 1.02
2014-06-30 $0.64B $0.63B 1.02
2014-03-31 $0.59B $0.61B 0.97
2013-12-31 $0.58B $0.59B 1.00
2013-09-30 $0.53B $0.60B 0.88
2013-06-30 $0.52B $0.57B 0.91
2013-03-31 $0.49B $0.55B 0.89
2012-12-31 $0.47B $0.51B 0.91
2012-09-30 $0.44B $0.48B 0.91
2012-06-30 $0.43B $0.43B 1.00
2012-03-31 $0.39B $0.40B 0.98
2011-12-31 $0.38B $0.36B 1.05
2011-09-30 $0.35B $0.32B 1.12
2011-06-30 $0.35B $0.29B 1.21
2011-03-31 $0.33B $0.26B 1.28
2010-12-31 $0.31B $0.23B 1.35
2010-09-30 $0.28B $0.21B 1.37
2010-06-30 $0.27B $0.18B 1.54
2010-03-31 $0.25B $0.15B 1.68
2009-12-31 $0.25B $0.14B 1.72
2009-09-30 $0.00B $0.00B 0.00
2009-06-30 $0.00B $0.00B 0.00
2009-03-31 $0.00B $0.00B 0.00
Sector Industry Market Cap Revenue
Computer and Technology Security $81.610B $5.956B
Fortinet, Inc. is a provider of network security appliances and Unified Threat Management network security solutions to enterprises, service providers and government entities worldwide. Its solutions are designed to integrate multiple levels of security protection, including firewall, virtual private networking (VPN), antivirus, intrusion prevention, web filtering, anti-spam and wide area network acceleration. Through its products and subscription services, the company provides integrated protection against dynamic security threats while simplifying the IT security infrastructure. Its solutions incorporate application-specific integrated circuits, hardware architecture, operating system, and associated security and networking functions to defend against multiple categories of IT security attacks without impacting network performance. The company's network security gateways protect customer data, reduce security complexities and lower the total cost of ownership.
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