• Fortinet average pre-tax profit margin for 2023 was 24.5%, a 27.07% increase from 2022.
• Fortinet average pre-tax profit margin for 2022 was 19.28%, a 0.1% increase from 2021.
• Fortinet average pre-tax profit margin for 2021 was 19.26%, a 5.22% increase from 2020.

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