Flagship explainer

What drives FORTINET, INC.’s return on equity?

ROE is five filed business factors multiplied together.

DuPont return on equity factor treeReturn on equity branches into tax burden, interest burden, operating margin, asset turnover, and the equity multiplier.Return on equity136%Tax burden81%net income ÷ pretax incomeInterest burden109%pretax ÷ operating incomeOperating margin31%operating income ÷ revenueAsset turnover0.67×revenue ÷ average assetsEquity multiplier7.38×average assets ÷ average equityAs of 2025-12-31 · 1 SEC filing sourceBuy Like Buffett · buylikebuffett.com
DuPont source inputs
InputValueFiscal yearSource
$1.9BFY2025
Income before tax$2.3BFY2025
Operating income$2.1BFY2025
$6.8BFY2025
Ending assets$10.4BFY2025
Beginning assets$9.8BFY2024
$1.2BFY2025
$1.5BFY2024
Source: · event Dec 31, 2025 · retrieved Sep 4, 2026 · annual-row source set
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FTNT dupont explainer — Buy Like Buffett · Buy Like Buffett