Fortinet annual return on equity
2010
2011
2012
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2015
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2022
2024
2025
Fortinet Return on Equity (ROE) Growth & History (FTNT)
Fortinet's return on equity was 135.72% for fiscal 2025.
View full Fortinet company overviewFortinet annual return on equity history
| Fiscal year | Period ended | Return on equity | Change (percentage points) |
|---|---|---|---|
| 2025 | 2025-12-31 | 135.72% | −203.03 pp |
| 2024 | 2024-12-31 | 338.74% | — |
| 2022 | 2022-12-31 | 342.85% | +268.75 pp |
| 2021 | 2021-12-31 | 74.10% | +29.66 pp |
| 2020 | 2020-12-31 | 44.44% | +16.43 pp |
| 2019 | 2019-12-31 | 28.02% | −13.14 pp |
| 2018 | 2018-12-31 | 41.16% | +36.79 pp |
| 2017 | 2017-12-31 | 4.36% | +0.32 pp |
| 2016 | 2016-12-31 | 4.04% | +2.93 pp |
| 2015 | 2015-12-31 | 1.12% | −2.90 pp |
| 2014 | 2014-12-31 | 4.02% | −4.06 pp |
| 2013 | 2013-12-31 | 8.07% | −7.30 pp |
| 2012 | 2012-12-31 | 15.38% | −5.78 pp |
| 2011 | 2011-12-31 | 21.15% | −0.85 pp |
| 2010 | 2010-12-31 | 22.00% | — |
Fortinet quarterly return on equity
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| Fiscal quarter | Period ended | Return on equity | Change (percentage points) |
|---|---|---|---|
| Q2 2026 | 2026-06-30 | 47.73% | +25.85 pp |
| Q1 2026 | 2026-03-31 | 48.00% | +22.92 pp |
| Q4 2025 | 2025-12-31 | 51.30% | +7.49 pp |
| Q3 2025 | 2025-09-30 | 33.90% | −56.36 pp |
| Q2 2025 | 2025-06-30 | 21.88% | −482.17 pp |
| Q1 2025 | 2025-03-31 | 25.08% | — |
| Q4 2024 | 2024-12-31 | 43.82% | — |
| Q3 2024 | 2024-09-30 | 90.26% | −73.11 pp |
| Q2 2024 | 2024-06-30 | 504.05% | +343.92 pp |
| Q3 2023 | 2023-09-30 | 163.37% | — |
| Q2 2023 | 2023-06-30 | 160.13% | — |
| Q1 2022 | 2022-03-31 | 27.70% | +16.02 pp |
| Q4 2021 | 2021-12-31 | 20.95% | +2.25 pp |
| Q3 2021 | 2021-09-30 | 15.04% | −4.24 pp |
| Q2 2021 | 2021-06-30 | 13.54% | −6.71 pp |
| Q1 2021 | 2021-03-31 | 11.67% | +0.66 pp |
| Q4 2020 | 2020-12-31 | 18.70% | +9.32 pp |
| Q3 2020 | 2020-09-30 | 19.28% | +12.48 pp |
| Q2 2020 | 2020-06-30 | 20.25% | +13.63 pp |
| Q1 2020 | 2020-03-31 | 11.01% | +5.37 pp |
| Q4 2019 | 2019-12-31 | 9.37% | −9.96 pp |
| Q3 2019 | 2019-09-30 | 6.80% | −0.22 pp |
| Q2 2019 | 2019-06-30 | 6.62% | −0.07 pp |
| Q1 2019 | 2019-03-31 | 5.64% | −0.78 pp |
| Q4 2018 | 2018-12-31 | 19.33% | +23.19 pp |
| Q3 2018 | 2018-09-30 | 7.02% | +4.10 pp |
| Q2 2018 | 2018-06-30 | 6.69% | +4.16 pp |
| Q1 2018 | 2018-03-31 | 6.42% | +5.19 pp |
| Q4 2017 | 2017-12-31 | −3.86% | −6.89 pp |
| Q3 2017 | 2017-09-30 | 2.93% | +2.15 pp |
| Q2 2017 | 2017-06-30 | 2.53% | +2.71 pp |
| Q1 2017 | 2017-03-31 | 1.23% | +0.95 pp |
| Q4 2016 | 2016-12-31 | 3.03% | +3.36 pp |
| Q3 2016 | 2016-09-30 | 0.77% | −0.28 pp |
| Q2 2016 | 2016-06-30 | −0.18% | −0.29 pp |
| Q1 2016 | 2016-03-31 | 0.28% | +0.06 pp |
| Q4 2015 | 2015-12-31 | −0.33% | −1.36 pp |
| Q3 2015 | 2015-09-30 | 1.06% | +0.42 pp |
| Q2 2015 | 2015-06-30 | 0.11% | −0.88 pp |
| Q1 2015 | 2015-03-31 | 0.22% | −1.18 pp |
| Q4 2014 | 2014-12-31 | 1.03% | −1.00 pp |
| Q3 2014 | 2014-09-30 | 0.64% | −1.25 pp |
| Q2 2014 | 2014-06-30 | 0.98% | −0.63 pp |
| Q1 2014 | 2014-03-31 | 1.40% | −0.91 pp |
| Q4 2013 | 2013-12-31 | 2.03% | −2.32 pp |
| Q3 2013 | 2013-09-30 | 1.89% | −1.91 pp |
| Q2 2013 | 2013-06-30 | 1.61% | −1.77 pp |
| Q1 2013 | 2013-03-31 | 2.31% | −1.43 pp |
| Q4 2012 | 2012-12-31 | 4.35% | −0.54 pp |
| Q3 2012 | 2012-09-30 | 3.80% | −2.13 pp |
| Q2 2012 | 2012-06-30 | 3.38% | −2.19 pp |
| Q1 2012 | 2012-03-31 | 3.75% | — |
| Q4 2011 | 2011-12-31 | 4.89% | — |
| Q3 2011 | 2011-09-30 | 5.93% | — |
| Q2 2011 | 2011-06-30 | 5.57% | — |
Fortinet return on equity trends
Over the last five fiscal years, Fortinet's return on equity increased from 44.44% to 135.72%, a change of +91.27 percentage points. The latest reported quarter, Q2 2026, shows 47.73%.
About the metric
What return on equity (ROE) means
Return on equity (ROE) measures how much net income a company generates relative to shareholders’ equity. It can help evaluate how efficiently equity capital is used, but unusually high or negative values may reflect leverage, losses, or a small equity base.
Calculation and source
How return on equity is calculated
TickerStat calculates ROE as SEC-reported net income divided by average stockholders’ equity at the beginning and end of the fiscal period. Periods with missing or non-positive average equity are omitted. Quarterly ROE uses quarterly net income and is not annualized. Fiscal periods can differ from calendar years, so exact period-end dates are included.
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