Fortinet Inc (FTNT) — Capital Reinvestment Ratio
Fortinet Inc (FTNT) has a Capital Reinvestment Ratio of 0.07x as of June 2026, meaning it reinvests 0% of its operating cash flow ($1.04 Billion) in capital expenditures ($78.00 Million). Check Fortinet Inc tangible net worth ratio to evaluate the tangible quality of the company's equity base.
Capital Reinvestment Ratio
Operating Cash Flow
Capital Expenditures
Data as of
Fortinet Inc Capital Reinvestment Ratio (2006–2025)
This chart tracks Fortinet Inc's Capital Reinvestment Ratio across 20 annual periods. For the full cash flow conversion analysis, see FTNT operating cash flow.
Annual Capital Reinvestment Ratio for Fortinet Inc (2006–2025)
Year-by-year Capital Reinvestment Ratio for Fortinet Inc from 2006 to 2025. See free cash flow generation of Fortinet Inc to measure how efficiently the company converts operating cash flow to free cash.
| Year | Reinvestment Ratio | Operating CF (USD) | Capital Expenditures | YoY Change |
|---|---|---|---|---|
| 2025 | 0.14x | $2.59 Billion | $364.80 Million | ▼ -16.1% |
| 2024 | 0.17x | $2.26 Billion | $378.90 Million | ▲ +59.1% |
| 2023 | 0.11x | $1.94 Billion | $204.10 Million | ▼ -35.1% |
| 2022 | 0.16x | $1.73 Billion | $281.20 Million | ▼ -17.6% |
| 2021 | 0.20x | $1.50 Billion | $295.90 Million | ▲ +69.8% |
| 2020 | 0.12x | $1.08 Billion | $125.90 Million | ▲ +1.8% |
| 2019 | 0.11x | $808.00 Million | $92.20 Million | ▲ +37.6% |
| 2018 | 0.08x | $638.90 Million | $53.00 Million | ▼ -63.6% |
| 2017 | 0.23x | $594.40 Million | $135.30 Million | ▲ +17.1% |
| 2016 | 0.19x | $345.70 Million | $67.20 Million | ▲ +47.0% |
| 2015 | 0.13x | $282.55 Million | $37.36 Million | ▼ -19.3% |
| 2014 | 0.16x | $196.58 Million | $32.20 Million | ▲ +74.0% |
| 2013 | 0.09x | $147.38 Million | $13.88 Million | ▼ -21.6% |
| 2012 | 0.12x | $183.87 Million | $22.08 Million | ▲ +340.3% |
| 2011 | 0.03x | $132.84 Million | $3.62 Million | ▼ -25.3% |
| 2010 | 0.04x | $103.38 Million | $3.78 Million | ▼ -50.7% |
| 2009 | 0.07x | $61.97 Million | $4.59 Million | ▼ -0.3% |
| 2008 | 0.07x | $37.69 Million | $2.80 Million | ▲ +1.3% |
| 2007 | 0.07x | $27.67 Million | $2.03 Million | ▼ -79.0% |
| 2006 | 0.35x | $3.41 Million | $1.19 Million | — |