Fortinet
FTNT
#323
Rank
A$86.22 B
Marketcap
$112.72
Share price
-0.85%
Change (1 day)
13.82%
Change (1 year)
Fortinet Inc. is an American company that develops and distributes software and provides services in the field of information security, for example: firewalls, antivirus programs, intrusion detection and endpoint security.

Operating Margin for Fortinet (FTNT)

Operating Margin as of September 2024 (TTM): 28.49%

According to Fortinet's latest financial reports and stock price the company's current Operating Margin is 28.49%. At the end of 2023 the company had an Operating Margin of 25.54%.

Operating Margin history for Fortinet from 2009 to 2024

Operating Margin at the end of each year

Year Operating Margin Change
202325.54%15.88%
202222.04%14.5%
202119.25%-7.82%
202020.88%17%
201917.85%37.39%
201812.99%76.36%
20177.37%100.29%
20163.68%65.12%
20152.23%-71.08%
20147.70%-34.27%
201311.72%-37.77%
201218.83%-8.18%
201120.50%20.31%
201017.04%69.62%
200910.05%331.95%
20082.33%-116.75%
2007-13.89%185.92%
2006-4.86%

Operating Margin for similar companies or competitors

Company Operating Margin Operating Margin differencediff. Country
4.33%-84.80%๐Ÿ‡บ๐Ÿ‡ธ USA
17.27%-39.38%๐Ÿ‡บ๐Ÿ‡ธ USA
39.84% 39.84%๐Ÿ‡ฎ๐Ÿ‡ฑ Israel
5.46%-80.84%๐Ÿ‡บ๐Ÿ‡ธ USA
-5.77%-120.25%๐Ÿ‡บ๐Ÿ‡ธ USA
26.87%-5.69%๐Ÿ‡บ๐Ÿ‡ธ USA
12.71%-55.39%๐Ÿ‡บ๐Ÿ‡ธ USA
1.40%-95.09%๐Ÿ‡บ๐Ÿ‡ธ USA
-31.37%-210.10%๐Ÿ‡บ๐Ÿ‡ธ USA
-54.74%-292.14%๐Ÿ‡บ๐Ÿ‡ธ USA

What is a company's Operating Margin

The operating margin is a key indicator to assess the profitability of a company. Higher operating margins are generaly better as they show that a company is able to sell its products or services for much more than their production costs. The operating margin is calculated by dividing a company's earnings by its revenue.