Fortinet
FTNT
#411
Rank
$47.03 B
Marketcap
$61.57
Share price
0.42%
Change (1 day)
-11.44%
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 May 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
202222.04%14.5%
202119.25%1.58%
202018.95%18.7%
201915.96%24.47%
201812.82%74.06%
20177.37%100.19%
20163.68%65.26%
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
12.31%-50.56%๐Ÿ‡บ๐Ÿ‡ธ USA
28.07% 12.73%๐Ÿ‡บ๐Ÿ‡ธ USA
14.29%-42.61%๐Ÿ‡บ๐Ÿ‡ธ USA
7.05%-71.69%๐Ÿ‡บ๐Ÿ‡ธ USA
8.71%-65.02%๐Ÿ‡บ๐Ÿ‡ธ USA
-4.02%-116.14%๐Ÿ‡บ๐Ÿ‡ธ USA
-31.37%-225.97%๐Ÿ‡บ๐Ÿ‡ธ USA
39.84% 60.00%๐Ÿ‡ฎ๐Ÿ‡ฑ Israel
-9.97%-140.04%๐Ÿ‡บ๐Ÿ‡ธ USA
4.55%-81.73%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.