Fortinet
FTNT
$63.95
Share price
-0.12%
Change (1 day)
1.23%
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 April 2024 (TTM): 24.90%
According to Fortinet's latest financial reports and stock price the company's current Operating Margin is 24.90%. At the end of 2022 the company had an Operating Margin of 22.04%.
Operating Margin history for Fortinet from 2009 to 2023
Operating Margin at the end of each year
| Year | Operating Margin | Change |
|---|---|---|
| 2022 | 22.04% | 14.5% |
| 2021 | 19.25% | 1.58% |
| 2020 | 18.95% | 18.7% |
| 2019 | 15.96% | 24.47% |
| 2018 | 12.82% | 74.06% |
| 2017 | 7.37% | 100.19% |
| 2016 | 3.68% | 65.26% |
| 2015 | 2.23% | -71.08% |
| 2014 | 7.70% | -34.27% |
| 2013 | 11.72% | -37.77% |
| 2012 | 18.83% | -8.18% |
| 2011 | 20.50% | 20.31% |
| 2010 | 17.04% | 69.62% |
| 2009 | 10.05% | 331.95% |
| 2008 | 2.33% | -116.75% |
| 2007 | -13.89% | 185.92% |
| 2006 | -4.86% |
Operating Margin for similar companies or competitors
| Company | Operating Margin | Operating Margin differencediff. | Country |
|---|---|---|---|
 Intel INTC | 12.31% | -50.56% | 🇺🇸 USA |
 Cisco CSCO | 28.07% | 12.73% | 🇺🇸 USA |
 F5 Networks FFIV | 14.29% | -42.61% | 🇺🇸 USA |
 HP HPQ | 7.05% | -71.69% | 🇺🇸 USA |
 Juniper Networks
JNPR | 8.71% | -65.02% | 🇺🇸 USA |
 NETGEAR NTGR | -4.02% | -116.14% | 🇺🇸 USA |
 FireEye FEYE | -31.37% | -225.97% | 🇺🇸 USA |
 Check Point Software CHKP | 39.84% | 60.00% | 🇮🇱 Israel |
 ADTRAN ADTN | -9.97% | -140.04% | 🇺🇸 USA |
 Palo Alto Networks
PANW | 4.55% | -81.73% | 🇺🇸 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.