• Fortinet average pre-tax profit margin for 2023 was 24.91%, a 25.36% increase from 2022.
• Fortinet average pre-tax profit margin for 2022 was 19.87%, a 4.85% increase from 2021.
• Fortinet average pre-tax profit margin for 2021 was 18.95%, a 7.97% increase from 2020.

Pre-tax profit margin can be defined as earnings before taxes as a portion of total revenue.