91/100B125.380
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-3.76
(-2.90%)
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Last updated: · Delayed 15 min
Fair value138.95Plus-10%95Price 125.38211
Q4 FY2026 · Earnings report
EPS estimate 0.94Revenue estimate 2.20B
Q4 FY2026 · Earnings report
EPS estimate 0.94Revenue estimate 2.20B
Fortinet debt to equity ratioWhat is the debt to equity ratio? Debt to equity is a company's total debt divided by its shareholders' equity: how much it has borrowed for each dollar its owners have in the business.
Fortinet's debt to equity ratio is 0.22: total debt of 497.10M USD against shareholders' equity of 2.25B USD.
- Today
- 0.22
- Average, 5 years
- 7.91
- Low, 5 years
- 0.22
- High, 5 years
- 86.92
Debt to equity = total debt ÷ shareholders' equity = 497.10M ÷ 2.25B = 0.22
Debt to equity
Total debt
Shareholders' equity
Total debt over shareholders' equity at each quarter end.
Debt to equity by year and by quarter
| Fiscal year | Period ending | Debt to equity | Total debt | Shareholders' equity |
|---|---|---|---|---|
| Today | 0.22 | 497.10M | 2.25B | |
| FY2025 | 31 Dec 2025 | 0.81 | 996.30M | 1.24B |
| FY2024 | 31 Dec 2024 | 0.67 | 994.30M | 1.49B |
| FY2023 | 31 Dec 2023 | — | 992.30M | -463.40M |
| FY2022 | 31 Dec 2022 | — | 990.40M | -281.60M |
| FY2021 | 31 Dec 2021 | 1.26 | 988.40M | 781.70M |
| FY2020 | 31 Dec 2020 | 0.00 | 0.00 | 856.00M |
| FY2019 | 31 Dec 2019 | 0.00 | 0.00 | 1.34B |
| FY2018 | 31 Dec 2018 | 0.00 | 0.00 | 1.01B |
| FY2017 | 31 Dec 2017 | 0.00 | 0.00 | 589.40M |
| FY2016 | 31 Dec 2016 | 0.00 | 0.00 | 837.68M |
| FY2015 | 31 Dec 2015 | 0.00 | 0.00 | 755.38M |
| FY2014 | 31 Dec 2014 | 0.00 | 0.00 | 675.97M |
| FY2013 | 31 Dec 2013 | 0.00 | 0.00 | 585.76M |
| FY2012 | 31 Dec 2012 | 0.00 | 0.00 | 510.93M |
| FY2011 | 31 Dec 2011 | 0.00 | 0.00 | 358.35M |
| FY2010 | 31 Dec 2010 | 0.00 | 0.00 | 232.45M |
| FY2009 | 31 Dec 2009 | 0.00 | 0.00 | 142.45M |
| FY2008 | 31 Dec 2008 | — | 0.00 | -5.23M |
| FY2007 | 31 Dec 2007 | — | 0.00 | -18.93M |
| FY2006 | 31 Dec 2006 | — | — | — |
| Quarter | Period ending | Debt to equity | Total debt | Shareholders' equity |
|---|---|---|---|---|
| Q3 FY2026 | 30 Sept 2026 | 0.22 | 497.10M | 2.25B |
| Q2 FY2026 | 30 Jun 2026 | 0.32 | 496.90M | 1.55B |
| Q1 FY2026 | 31 Mar 2026 | 0.50 | 496.80M | 989.70M |
| Q4 FY2025 | 31 Dec 2025 | 0.81 | 996.30M | 1.24B |
| Q3 FY2025 | 30 Sept 2025 | 1.35 | 995.90M | 735.10M |
| Q2 FY2025 | 30 Jun 2025 | 0.48 | 995.30M | 2.06B |
| Q1 FY2025 | 31 Mar 2025 | 0.51 | 994.90M | 1.96B |
| Q4 FY2024 | 31 Dec 2024 | 0.67 | 994.30M | 1.49B |
| Q3 FY2024 | 30 Sept 2024 | 1.09 | 993.80M | 908.10M |
| Q2 FY2024 | 30 Jun 2024 | 3.45 | 993.30M | 288.20M |
| Q1 FY2024 | 31 Mar 2024 | — | 992.80M | -137.50M |
| Q4 FY2023 | 31 Dec 2023 | — | 992.30M | -463.40M |
| Q3 FY2023 | 30 Sept 2023 | 13.38 | 991.80M | 74.10M |
| Q2 FY2023 | 30 Jun 2023 | 3.09 | 991.30M | 321.20M |
| Q1 FY2023 | 31 Mar 2023 | 86.92 | 990.90M | 11.40M |
| Q4 FY2022 | 31 Dec 2022 | — | 990.40M | -281.60M |
| Q3 FY2022 | 30 Sept 2022 | — | 989.90M | -634.70M |
| Q2 FY2022 | 30 Jun 2022 | — | 989.40M | -392.90M |
| Q1 FY2022 | 31 Mar 2022 | 4.54 | 988.90M | 217.70M |
| Q4 FY2021 | 31 Dec 2021 | 1.26 | 988.40M | 781.70M |
| Q3 FY2021 | 30 Sept 2021 | 0.90 | 1.01B | 1.12B |
| Q2 FY2021 | 30 Jun 2021 | 0.94 | 987.50M | 1.05B |
| Q1 FY2021 | 31 Mar 2021 | 1.01 | 987.00M | 980.80M |
| Q4 FY2020 | 31 Dec 2020 | 0.00 | 0.00 | 856.00M |
| Q3 FY2020 | 30 Sept 2020 | 0.00 | 0.00 | 713.20M |
| Q2 FY2020 | 30 Jun 2020 | 0.00 | 0.00 | 543.90M |
| Q1 FY2020 | 31 Mar 2020 | 0.00 | 0.00 | 536.30M |
| Q4 FY2019 | 31 Dec 2019 | 0.00 | 0.00 | 1.34B |
| Q3 FY2019 | 30 Sept 2019 | 0.00 | 0.00 | 1.20B |
| Q2 FY2019 | 30 Jun 2019 | 0.00 | 0.00 | 1.12B |
| Q1 FY2019 | 31 Mar 2019 | 0.00 | 0.00 | 1.06B |
| Q4 FY2018 | 31 Dec 2018 | 0.00 | 0.00 | 1.01B |
| Q3 FY2018 | 30 Sept 2018 | 0.00 | 0.00 | 891.60M |
| Q2 FY2018 | 30 Jun 2018 | 0.00 | 0.00 | 780.20M |
| Q1 FY2018 | 31 Mar 2018 | 0.00 | 0.00 | 693.50M |
| Q4 FY2017 | 31 Dec 2017 | 0.00 | 0.00 | 589.40M |
| Q3 FY2017 | 30 Sept 2017 | 0.00 | 0.00 | 902.23M |
| Q2 FY2017 | 30 Jun 2017 | 0.00 | 0.00 | 922.14M |
| Q1 FY2017 | 31 Mar 2017 | 0.00 | 0.00 | 898.25M |
| Q4 FY2016 | 31 Dec 2016 | 0.00 | 0.00 | 837.68M |
| Q3 FY2016 | 30 Sept 2016 | 0.00 | 0.00 | 823.09M |
| Q2 FY2016 | 30 Jun 2016 | 0.00 | 0.00 | 804.63M |
| Q1 FY2016 | 31 Mar 2016 | 0.00 | 0.00 | 742.40M |
| Q4 FY2015 | 31 Dec 2015 | 0.00 | 0.00 | 755.38M |
| Q3 FY2015 | 30 Sept 2015 | 0.00 | 0.00 | 795.39M |
| Q2 FY2015 | 30 Jun 2015 | 0.00 | 0.00 | 750.83M |
| Q1 FY2015 | 31 Mar 2015 | 0.00 | 0.00 | 719.75M |
| Q4 FY2014 | 31 Dec 2014 | 0.00 | 0.00 | 675.97M |
| Q3 FY2014 | 30 Sept 2014 | 0.00 | 0.00 | 649.23M |
| Q2 FY2014 | 30 Jun 2014 | 0.00 | 0.00 | 625.22M |
| Q1 FY2014 | 31 Mar 2014 | 0.00 | 0.00 | 610.09M |
| Q4 FY2013 | 31 Dec 2013 | 0.00 | 0.00 | 585.76M |
| Q3 FY2013 | 30 Sept 2013 | 0.00 | 0.00 | 599.95M |
| Q2 FY2013 | 30 Jun 2013 | 0.00 | 0.00 | 567.19M |
| Q1 FY2013 | 31 Mar 2013 | 0.00 | 0.00 | 547.71M |
| Q4 FY2012 | 31 Dec 2012 | 0.00 | 0.00 | 510.93M |
| Q3 FY2012 | 30 Sept 2012 | 0.00 | 0.00 | 478.47M |
| Q2 FY2012 | 30 Jun 2012 | 0.00 | 0.00 | 426.64M |
| Q1 FY2012 | 31 Mar 2012 | 0.00 | 0.00 | 398.33M |
| Q4 FY2011 | 31 Dec 2011 | 0.00 | 0.00 | 358.35M |
| Q3 FY2011 | 30 Sept 2011 | 0.00 | 0.00 | 316.87M |
| Q2 FY2011 | 30 Jun 2011 | 0.00 | 0.00 | 287.52M |
| Q1 FY2011 | 31 Mar 2011 | 0.00 | 0.00 | 258.09M |
| Q4 FY2010 | 31 Dec 2010 | 0.00 | 0.00 | 232.45M |
| Q3 FY2010 | 30 Sept 2010 | 0.00 | 0.00 | 206.45M |
| Q2 FY2010 | 30 Jun 2010 | 0.00 | 0.00 | 176.35M |
| Q1 FY2010 | 31 Mar 2010 | 0.00 | 0.00 | 151.11M |
| Q4 FY2009 | 31 Dec 2009 | 0.00 | 0.00 | 142.45M |
| Q3 FY2009 | 30 Sept 2009 | 0.00 | 0.00 | 3.89M |
| Q2 FY2009 | 30 Jun 2009 | — | 0.00 | -7.81M |
| Q1 FY2009 | 31 Mar 2009 | — | — | — |
| Q4 FY2008 | 31 Dec 2008 | — | 0.00 | -5.23M |
| Q3 FY2008 | 30 Sept 2008 | — | — | — |
Figures in USD. A quarter's revenue, net income and dividends are those of its last four quarters.
See also:P/E ratio,Market cap,P/S ratio,ROE (return on equity),Current ratio,All ratios
Common questions about Fortinet's debt to equity
Source: Financial Modeling PrepVerified against SEC filings