Fortinet
FTNT
$68.13
Share price
-0.74%
Change (1 day)
14.83%
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 June 2023 (TTM): 22.03%
According to Fortinet's latest financial reports and stock price the company's current Operating Margin is 22.03%. At the end of 2021 the company had an Operating Margin of 19.25%.
Operating Margin history for Fortinet from 2009 to 2022
Operating Margin at the end of each year
| Year | Operating Margin | Change |
|---|---|---|
| 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 | 27.46% | 24.65% | 🇺🇸 USA |
 Cisco CSCO | 28.07% | 27.42% | 🇺🇸 USA |
 F5 Networks FFIV | 14.29% | -35.13% | 🇺🇸 USA |
 HP HPQ | 7.05% | -68.00% | 🇺🇸 USA |
 Juniper Networks
JNPR | 10.85% | -50.75% | 🇺🇸 USA |
 NETGEAR NTGR | -4.02% | -118.25% | 🇺🇸 USA |
 FireEye FEYE | -31.37% | -242.38% | 🇺🇸 USA |
 Check Point Software CHKP | 43.82% | 98.91% | 🇮🇱 Israel |
 ADTRAN ADTN | -6.91% | -131.37% | 🇺🇸 USA |
 Palo Alto Networks
PANW | 1.80% | -91.83% | 🇺🇸 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.