Fortinet (MEX:FTNT) Long-Term Debt: MXN8,959 Mil (As of Mar. 2026)

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MEX:FTNT Fortinet Inc MEX:FTNT
89 GF Score
Price MXN2,900.09
GF Value MXN1,735.74
Valuation Significantly Overvalued
! 5 Warning Signs
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What is Fortinet Long-Term Debt?

Fortinet MEX:FTNT +2.62% 89 Long-Term Debt is MXN8,959 Mil as of Mar. 2026. GuruFocus rates MEX:FTNT with a GF Score™ of 89/100 and a GF Value™ of MXN1,735.74 (Significantly Overvalued). The stock has 5 warning signs investors should review.

Fortinet's Long-Term Debt for the quarter that ended in Mar. 2026 was MXN8,959 Mil.

Fortinet's quarterly Long-Term Debt declined from Sep. 2025 (MXN9,108 Mil) to Dec. 2025 (MXN8,942 Mil) but then increased from Dec. 2025 (MXN8,942 Mil) to Mar. 2026 (MXN8,959 Mil).

Fortinet's annual Long-Term Debt increased from Dec. 2023 (MXN16,844 Mil) to Dec. 2024 (MXN20,737 Mil) but then declined from Dec. 2024 (MXN20,737 Mil) to Dec. 2025 (MXN8,942 Mil).

Fortinet  (MEX:FTNT) Long-Term Debt Explanation

Long-Term Debt is the sum of the carrying values as of the balance sheet date of all long-term debt, which is debt initially having maturities due after one year or beyond the operating cycle, if longer, but excluding the portions thereof scheduled to be repaid within one year or the normal operating cycle, if longer. Long-Term Debt includes notes payable, bonds payable, mortgage loans, convertible debt, subordinated debt and other types of long term debt.

Fortinet Long-Term Debt Related Terms

Fortinet Long-Term Debt Historical Data

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The historical data trend for Fortinet's Long-Term Debt can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Fortinet Long-Term Debt Chart

Fortinet Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Long-Term Debt
Get a 7-Day Free Trial Premium Member Only Premium Member Only 20,276.04 19,308.84 16,843.55 20,736.82 8,941.63

Fortinet Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
Long-Term Debt Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 10,151.36 9,344.93 9,107.90 8,941.63 8,958.65
MEX:FTNT
89GF Score
Fortinet Inc MEX:FTNT
Long-Term Debt is just one metric. See GF Score™, valuation, warning signs, and more.
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Frequently Asked Questions Learn more about Long-Term Debt →
What does a Long-Term Debt of MXN8,959 Mil mean?
Fortinet (MEX:FTNT) has a Long-Term Debt of MXN8,959 Mil as of Mar. 2026.
Is Fortinet's Long-Term Debt too high?
Fortinet's current Long-Term Debt is MXN8,959 Mil. Overall, Fortinet has a GF Score™ of 89/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Fortinet's Long-Term Debt compare to SNPS and NET?
Fortinet's Long-Term Debt of MXN8,959 Mil can be compared against companies in the Software industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Long-Term Debt for a Software company?
A good Long-Term Debt depends on the Software industry context. However, Long-Term Debt should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Long-Term Debt mean?
A high Long-Term Debt can signal that a stock is expensive relative to its fundamentals. Fortinet's current Long-Term Debt is MXN8,959 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Fortinet stock overvalued right now?
Based on GuruFocus' analysis, Fortinet (MEX:FTNT) is currently considered Significantly Overvalued. The stock's GF Value™ is MXN1,735.74, compared to a current price of MXN2,900.09 — trading 67.1% above its estimated fair value. The current Long-Term Debt is MXN8,959 Mil. Fortinet's overall GF Score™ is 89/100 with 5 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Long-Term Debt calculated?
Long-Term Debt is calculated from a company's financial statements. For Fortinet (MEX:FTNT), the current Long-Term Debt is MXN8,959 Mil as of Mar. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is Fortinet (MEX:FTNT) Overvalued in 2026?

Based on GuruFocus' analysis, Fortinet stock appears to be overvalued. The current stock price of MXN2,900.09 is trading 67.1% above its estimated GF Value™ of MXN1,735.74. GuruFocus considers Fortinet to be Significantly Overvalued.

Key valuation signals for MEX:FTNT:

  • Long-Term Debt: MXN8,959 Mil
  • GF Value™: MXN1,735.74 vs. price of MXN2,900.09 (67.1% above fair value)
  • GF Score™: 89/100 with 5 warning signs

No single metric tells the full story. See the MEX:FTNT stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.

Fortinet Business Description

Address 909 Kifer Road, Sunnyvale, CA, USA, 94086
Fortinet is a platform-based cybersecurity vendor with product offerings covering network security, cloud security, zero-trust access, and security operations. The firm derives a majority of its revenue through sales of its subscriptions and support-based business. The California-based firm has more than 800,000 customers across the world.
89GF Score

Get the complete analysis for MEX:FTNT

Long-Term Debt is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

MXN2,900.09
Price
MXN1,735.74
GF Value