Fortinet, Inc.

Fortinet, Inc. - Current Ratioverified

FTNT

Price:

$144.73

Market Cap:

$106.04B

Fortinet, Inc. specializes in delivering extensive, unified, and automated cybersecurity solutions to a global clientele, encompassing the Americas, Europe, the Middle East, Africa, and the Asia Pacific regions. At its core, the company offers FortiGate, a powerful platform combining hardware and software licenses that provides a comprehensive suite of security and networking functionalities. This includes firewall capabilities, intrusion prevention, anti-malware defense, virtual private network (VPN) services, application control, web filtering, anti-spam measures, and wide area network (WAN) acceleration. Beyond its flagship product, Fortinet provides a diverse portfolio of specialized sec...[Read more]

Industry

Software - Infrastructure

IPO Date

2009-11-18

Stock Exchange

NASDAQ

Ticker

FTNT

The Current Ratio as of June 2026 (TTM) for Fortinet, Inc. (FTNT) is 1.15

According to Fortinet, Inc.’s latest financial reports and current stock price. The company's current Current Ratio is 1.15. This represents a change of -1.43% compared to the average of 1.17 of the last 4 quarters.

Fortinet, Inc. (FTNT) Historical Current Ratio (quarterly & annually)

How has FTNT Current Ratio performed in the past?

The mean historical Current Ratio of Fortinet, Inc. over the last ten years is 1.53. The current 1.15 Current Ratio has changed 7.43% with respect to the historical average. Over the past ten years (40 quarters), FTNT's Current Ratio was at its highest in in the March 2021 quarter at 2.01. The Current Ratio was at its lowest in in the September 2025 quarter at 1.03.

Quarterly (TTM)
Annual

Average

1.53

Median

1.53

Minimum

1.17

Maximum

1.90

Fortinet, Inc. (FTNT) Current Ratio by Quarter and Year

Discovering the peaks and valleys of Fortinet, Inc. Current Ratio, unveiling quarterly and yearly fluctuations to gain insights into the company’s financial performance and market dynamics, offering valuable data for investors and analysts alike.

Maximum Annual Increase = 23.50%

Maximum Annual Current Ratio = 1.90

Minimum Annual Increase = -21.25%

Minimum Annual Current Ratio = 1.17

Quarterly (TTM)
Annual
YearCurrent RatioChange
20251.17-20.30%
20241.4723.50%
20231.19-3.80%
20221.24-20.31%
20211.553.70%
20201.50-21.25%
20191.907.60%
20181.775.76%
20171.67-9.91%
20161.86-0.91%

Fortinet, Inc. (FTNT) Average Current Ratio

How has FTNT Current Ratio performed in the past?

The current Current Ratio of Fortinet, Inc. (FTNT) is less than than its 3-year, less than than its 5-year, and less than than its 10-year historical averages

3-year avg

1.28

5-year avg

1.32

10-year avg

1.53

Fortinet, Inc. (FTNT) Current Ratio vs. Peers

How is FTNT’s Current Ratio compared to its peers?

Fortinet, Inc.’s Current Ratio is greater than CoreWeave, Inc. Class A Common Stock (0.31), greater than Motorola Solutions, Inc. (1.06), greater than Autodesk, Inc. (0.83), less than Infosys Limited (1.98), less than Synopsys, Inc. (1.43), less than TE Connectivity Ltd. (1.89), greater than Workday, Inc. (1.01), less than Strategy Inc (6.05), less than Block, Inc. (1.99), less than Seagate Technology Holdings plc (1.33),

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