Fortinet Inc (FTNT)
64.03
-1.42
(-2.17%)
USD |
NASDAQ |
Apr 25, 16:00
64.24
+0.21
(+0.33%)
After-Hours: 20:00
Fortinet Gross Profit Margin (Quarterly): 77.68% for Dec. 31, 2023
Gross Profit Margin (Quarterly) Chart
Historical Gross Profit Margin (Quarterly) Data
| Date | Value |
|---|---|
| December 31, 2023 | 77.68% |
| September 30, 2023 | 76.20% |
| June 30, 2023 | 77.12% |
| March 31, 2023 | 75.62% |
| December 31, 2022 | 76.83% |
| September 30, 2022 | 75.38% |
| June 30, 2022 | 75.65% |
| March 31, 2022 | 73.42% |
| December 31, 2021 | 76.31% |
| September 30, 2021 | 75.65% |
| June 30, 2021 | 76.67% |
| March 31, 2021 | 77.95% |
| December 31, 2020 | 77.67% |
| September 30, 2020 | 78.62% |
| June 30, 2020 | 78.12% |
| March 31, 2020 | 77.72% |
| December 31, 2019 | 77.27% |
| September 30, 2019 | 77.36% |
| June 30, 2019 | 75.41% |
| March 31, 2019 | 76.09% |
| December 31, 2018 | 74.82% |
| September 30, 2018 | 75.41% |
| June 30, 2018 | 74.37% |
| March 31, 2018 | 75.64% |
| December 31, 2017 | 74.70% |
| Date | Value |
|---|---|
| September 30, 2017 | 74.99% |
| June 30, 2017 | 73.67% |
| March 31, 2017 | 73.40% |
| December 31, 2016 | 74.96% |
| September 30, 2016 | 73.22% |
| June 30, 2016 | 72.86% |
| March 31, 2016 | 72.72% |
| December 31, 2015 | 72.35% |
| September 30, 2015 | 72.43% |
| June 30, 2015 | 71.02% |
| March 31, 2015 | 70.12% |
| December 31, 2014 | 70.70% |
| September 30, 2014 | 70.58% |
| June 30, 2014 | 68.63% |
| March 31, 2014 | 69.97% |
| December 31, 2013 | 69.62% |
| September 30, 2013 | 71.60% |
| June 30, 2013 | 70.35% |
| March 31, 2013 | 71.19% |
| December 31, 2012 | 72.58% |
| September 30, 2012 | 72.25% |
| June 30, 2012 | 71.21% |
| March 31, 2012 | 73.52% |
| December 31, 2011 | 73.12% |
| September 30, 2011 | 73.25% |
Gross Profit Margin Definition
Gross Profit Margin is calculated using Gross Profit/Revenue. This metric measures the overall efficiency of a company in being able to turn revenue into gross profit and doing this by keeping cost of goods sold low. An analyst looking at gross profit margin might look for a higher gross profit margin relative to other comparable companies as well as a gross profit margin that is growing.
Gross Profit Margin (Quarterly) Range, Past 5 Years
73.42%
Minimum
Mar 2022
78.62%
Maximum
Sep 2020
76.67%
Average
76.83%
Median
Dec 2022
Gross Profit Margin (Quarterly) Benchmarks
| Palo Alto Networks Inc | 74.73% |
| Zscaler Inc | 77.68% |
| CrowdStrike Holdings Inc | 75.33% |
| Verify Smart Corp | -- |
| Fidelity National Information Services Inc | 38.84% |
Gross Profit Margin (Quarterly) Related Metrics
| Return on Assets | 16.26% |
| Return on Invested Capital | 124.3% |
| Profit Margin (Quarterly) | 21.97% |
| Operating Margin (Quarterly) | 27.15% |
| Return on Net Operating Assets | 42.57% |