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Fortinet (FTNT) Net Margin

Annual Net Margin

21.64%
+2.23%+11.49%

December 31, 2023

Summary

Performance

1-Year Change

+11.49%

3-Year Change

+14.92%

5-Year Change

+16.59%

15-Year Change

+930.48%

FTNT Net Margin Chart

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Highlights

Sector Rank

91.82%
FTNT annual net profit margin is higher than 91.82% of companies in Technology sector

High & Low

All-time High

23.87%
FTNT annual net profit margin is currently -9.34% below its historical high of 23.87%

3-Year Low

18.16%
FTNT annual net profit margin is currently +19.16% above its 3-year low

Earnings dates

Last Annual Earnings Report Date

Dec 31, 2023
FTNT previous annual earnings announcement was published on Dec 31, 2023

Next Annual Earnings Report Date

N/A
FTNT next annual earnings announcement has not yet been scheduled

OtherFTNTprofitabilitymetrics:

Annual Net Income

$1.15 B
FTNT annual net profit is $1.15 billion

Annual Revenue

$5.30 B
FTNT annual revenue is $5.30 billion

Annual Gross Margin

76.68%
FTNT annual gross profit margin is 76.68%

Annual EPS

$1.46
FTNT annual earnings per share is $1.46

Quarterly Net Margin

35.80%
+9.32%+35.20%

September 30, 2024

Summary

Performance

3-Month Change

+35.2%

1-Year Change

+62.95%

3-Year Change

+82.47%

5-Year Change

+144.7%

FTNT Quarterly Net Margin Chart

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Highlights

Sector Rank

96.84%
FTNT quarterly net profit margin is higher than 96.84% of companies in Technology sector

High & Low

All-time High

62.14%
FTNT quarterly net profit margin is currently -42.39% below its historical high of 62.14%

3-Year Low

14.50%
FTNT quarterly net profit margin is currently +146.90% above its 3-year low

Earnings dates

Last Quarterly Earnings Report Date

Sep 30, 2024
FTNT previous earnings announcement was published on Sep 30, 2024

Next Quarterly Earnings Report Date

N/A
FTNT next earnings announcement has not yet been scheduled

OtherFTNTprofitabilitymetrics:

Quarterly Net Income

$539.90 M
FTNT quarterly net profit is $539.90 million

Quarterly Revenue

$1.51 B
FTNT quarterly revenue is $1.51 billion

Quarterly Gross Margin

82.53%
FTNT quarterly gross profit margin is 82.53%

Quarterly EPS

$0.70
FTNT quarterly earnings per share is $0.70

Net Margin Formula

Net Margin =  Net Income
Revenue ✕ 100%

Annual Net Margin

21.64%
FTNT annual net profit margin is 21.64%

Annual Net Income

$1.15 B
FTNT annual net profit is $1.15 billion

Annual Revenue

$5.30 B
FTNT annual revenue is $5.30 billion

FTNT Net Margin Trends

PeriodPeriodAnnualAnnualQuarterlyQuarterly
1 y1 year+11.5%+63.0%
3 y3 years+14.9%+82.5%
5 y5 years+16.6%+144.7%

FTNT Net Margin Highs & Lows

PeriodPeriodAnnual vs highAnnual vs highAnnual vs lowAnnual vs lowQuarter. vs highQuarter. vs highQuarter. vs lowQuarter. vs low
3 y3-yearat high+19.2%at high+146.9%
5 y5-yearat high+41.1%at high+146.9%
alltimeall time-9.3%+253.9%-42.4%+614.4%

Fortinet Net Margin History

DateAnnualQuarterly
Sep 2024
-
35.80%(+35.2%)
Jun 2024
-
26.48%(+19.7%)
Mar 2024
-
22.12%(+0.7%)
Dec 2023
21.64%(+11.5%)
21.97%(-9.2%)
Sep 2023
-
24.19%(+17.4%)
Jun 2023
-
20.60%(+5.0%)
Mar 2023
-
19.62%(-19.8%)
Dec 2022
19.41%(+6.9%)
24.46%(+21.4%)
Sep 2022
-
20.15%(+19.7%)
Jun 2022
-
16.84%(+16.1%)
Mar 2022
-
14.50%(-29.8%)
Dec 2021
18.16%(-3.6%)
20.65%(+9.8%)
Sep 2021
-
18.81%(+9.6%)
Jun 2021
-
17.16%(+13.7%)
Mar 2021
-
15.09%(-23.0%)
Dec 2020
18.83%(+22.8%)
19.61%(+3.5%)
Sep 2020
-
18.95%(+2.8%)
Jun 2020
-
18.43%(+1.8%)
Mar 2020
-
18.11%(-5.3%)
Dec 2019
15.34%(-17.3%)
19.12%(+30.7%)
Sep 2019
-
14.63%(+4.9%)
Jun 2019
-
13.94%(+12.1%)
Mar 2019
-
12.44%(-65.7%)
Dec 2018
18.56%(+783.8%)
36.30%(+180.7%)
Sep 2018
-
12.93%(+15.8%)
Jun 2018
-
11.17%(+7.1%)
Mar 2018
-
10.43%(-249.9%)
Dec 2017
2.10%(-16.7%)
-6.96%(-197.5%)
Sep 2017
-
7.14%(+12.8%)
Jun 2017
-
6.33%(+101.6%)
Mar 2017
-
3.14%(-54.8%)
Dec 2016
2.52%
6.94%(+248.7%)
Sep 2016
-
1.99%(-542.2%)
DateAnnualQuarterly
Jun 2016
-
-0.45%(-160.8%)
Mar 2016
-
0.74%(-187.1%)
Dec 2015
0.79%(-76.0%)
-0.85%(-127.1%)
Sep 2015
-
3.14%(+851.5%)
Jun 2015
-
0.33%(-54.8%)
Mar 2015
-
0.73%(-76.0%)
Dec 2014
3.29%(-54.3%)
3.04%(+44.8%)
Sep 2014
-
2.10%(-36.4%)
Jun 2014
-
3.30%(-33.6%)
Mar 2014
-
4.97%(-26.7%)
Dec 2013
7.20%(-42.5%)
6.78%(-4.9%)
Sep 2013
-
7.13%(+17.1%)
Jun 2013
-
6.09%(-32.5%)
Mar 2013
-
9.02%(-36.6%)
Dec 2012
12.52%(-13.1%)
14.23%(+12.7%)
Sep 2012
-
12.63%(+16.7%)
Jun 2012
-
10.82%(-10.5%)
Mar 2012
-
12.09%(-11.4%)
Dec 2011
14.41%(+13.5%)
13.65%(-11.3%)
Sep 2011
-
15.39%(+9.4%)
Jun 2011
-
14.07%(-3.4%)
Mar 2011
-
14.57%(-15.5%)
Dec 2010
12.70%(-46.8%)
17.24%(+4.5%)
Sep 2010
-
16.50%(+83.3%)
Jun 2010
-
9.00%(+49.0%)
Mar 2010
-
6.04%(-90.3%)
Dec 2009
23.87%(+585.9%)
62.14%(+418.7%)
Sep 2009
-
11.98%(+60.6%)
Jun 2009
-
7.46%(+7.2%)
Mar 2009
-
6.96%(-48.3%)
Dec 2008
3.48%(-124.8%)
13.45%(+62.4%)
Sep 2008
-
8.28%
Dec 2007
-14.06%(+224.7%)
-
Dec 2006
-4.33%
-

FAQ

  • What is Fortinet annual net profit margin?
  • What is the all time high annual net margin for Fortinet?
  • What is Fortinet annual net margin year-on-year change?
  • What is Fortinet quarterly net profit margin?
  • What is the all time high quarterly net margin for Fortinet?
  • What is Fortinet quarterly net margin year-on-year change?

What is Fortinet annual net profit margin?

The current annual net margin of FTNT is 21.64%

What is the all time high annual net margin for Fortinet?

Fortinet all-time high annual net profit margin is 23.87%

What is Fortinet annual net margin year-on-year change?

Over the past year, FTNT annual net profit margin has changed by +2.23% (+11.49%)

What is Fortinet quarterly net profit margin?

The current quarterly net margin of FTNT is 35.80%

What is the all time high quarterly net margin for Fortinet?

Fortinet all-time high quarterly net profit margin is 62.14%

What is Fortinet quarterly net margin year-on-year change?

Over the past year, FTNT quarterly net profit margin has changed by +13.83% (+62.95%)