Fortinet, Inc. Annual Return On Assets in % from 2012 to 2023

Taxonomy & unit
ratio: %
Description
Return on assets can be defined as an indicator of how profitable a company is relative to its total assets. Calculated by dividing a company's operating earnings by its total assets.
Summary
Fortinet, Inc. quarterly/annual Return On Assets history and growth rate from 2012 to 2023.
  • Fortinet, Inc. Return On Assets for the quarter ending September 30, 2024 was 19.2 %, a 17% increase year-over-year.
  • Fortinet, Inc. annual Return On Assets for 2023 was 15.8 %, a 3.74% increase from 2022.
  • Fortinet, Inc. annual Return On Assets for 2022 was 15.2 %, a 42.7% increase from 2021.
  • Fortinet, Inc. annual Return On Assets for 2021 was 10.7 %, a 22.5% decline from 2020.
Return On Assets, Annual (%)
Return On Assets, YoY Annual Growth (%)
* An asterisk sign (*) next to the value indicates that the value is likely invalid.