• Fortinet average net profit margin for 2023 was 21.41%, a 17.32% increase from 2022.
• Fortinet average net profit margin for 2022 was 18.25%, a 1.9% increase from 2021.
• Fortinet average net profit margin for 2021 was 17.91%, a 0.44% increase from 2020.

Net profit margin can be defined as net Income as a portion of total sales revenue.