Fortinet, Inc. Annual Return On Equity in % from 2021 to 2023

Taxonomy & unit
ratio: %
Description
Return on equity can be defined as the amount of net income returned as a percentage of shareholders equity. Return on equity measures a corporation's profitability by revealing how much profit a company generates with the money shareholders have invested.
Summary
Fortinet, Inc. quarterly/annual Return On Equity history and growth rate from 2021 to 2023.
  • Fortinet, Inc. Return On Equity for the quarter ending September 30, 2024 was 1.03K %, a 72.1% decline year-over-year.
  • Fortinet, Inc. annual Return On Equity for 2023 was -8.1K %, a 2381% decline from 2022.
  • Fortinet, Inc. annual Return On Equity for 2022 was -326 %, a 633% decline from 2021.
Return On Equity, Annual (%)
Return On Equity, YoY Annual Growth (%)
* An asterisk sign (*) next to the value indicates that the value is likely invalid.