FTNT FY2025 SEC EDGAR DEF 14A #53 of 60 in industry

Fortinet, Inc. CEO pay ratio

The CEO earned $11.5M in FY2025 against median worker pay of $152,084 · Industrial Machinery & Equipment.

Industrial Machinery & Equipment peers All rankings
State
DE
Filing date
2026-04-29
Industry
Industrial Machinery & Equipment
Industry rank
#53/60

Data updated August 2026

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CEO-to-worker pay ratio
34:1
Below Average (Scale: 0–1000:1)
CEO pay
$11.5M
Median worker
$152,084

Answer first

Fortinet, Inc.'s FY2025 CEO total of $11.5M ranks #440 of 1,423 complete filings; its 34:1 pay ratio ranks #1111. Dollar rank is not ratio rank.

According to the same FY2025 complete-filing cohort used on the rankings boards (CEO total, median worker, and ratio all present). Median worker pay is $152,084. Industry placement uses the FY2025 SIC-35 peer cohort (# 53 of 60, 13th percentile - among the lower quartile of industry peers by pay ratio). Figures come from Section 953(b) Dodd-Frank DEF 14A disclosures - not estimates. View all Industrial Machinery & Equipment companies.

Dollar rank
#440
$11.5M of 1,423 FY2025
Ratio rank
#1111
34:1 of 1,423
Industry pct
13th
among the lower quartile of industry peers by pay ratio

How Fortinet, Inc. ranks nationally

Fortinet, Inc. CEO pay vs. every FY2025 complete filing

Total CEO compensation, the full national distribution, this company marked

$11,458,039 Top 31% higher than 69% of 1,423 companies

$0–$2,500,000: 304 companies (21%). Below this entry. $2,500,000–$5,000,000: 182 companies (13%). Below this entry. $5,000,000–$7,500,000: 208 companies (15%). Below this entry. $7,500,000–$10,000,000: 192 companies (13%). Below this entry. $10,000,000–$12,500,000: 139 companies (10%). This entry sits in this band. $12,500,000–$15,000,000: 91 companies (6%). Above this entry. $15,000,000–$17,500,000: 88 companies (6%). Above this entry. $17,500,000–$20,000,000: 54 companies (4%). Above this entry. $20,000,000–$22,500,000: 24 companies (2%). Above this entry. $22,500,000–$25,000,000: 34 companies (2%). Above this entry. $25,000,000–$27,500,000: 24 companies (2%). Above this entry. $27,500,000–$30,000,000: 16 companies (1%). Above this entry. $30,000,000–$32,500,000: 10 companies (1%). Above this entry. $32,500,000–$35,000,000: 7 companies (0%). Above this entry. $35,000,000–$37,500,000: 9 companies (1%). Above this entry. $37,500,000–$40,000,000: 6 companies (0%). Above this entry. $40,000,000–$42,500,000: 1 companies (0%). Above this entry. $42,500,000–$45,000,000: 1 companies (0%). Above this entry. $45,000,000–$47,500,000: 6 companies (0%). Above this entry. $47,500,000–$50,000,000: 27 companies (2%). Above this entry. This company $0 $50M+ every complete-filing company, bucketed by value

Each bar is a $2500K-wide band; taller bars hold more companies. The dashed line + filled bar mark this entry. Hover or tap any bar for its full count, share, and where it sits relative to this entry.

Source SEC DEF 14A Section 953(b) disclosures, PlainCEOPay extract · FY2025

Fortinet, Inc. vs. Industrial Machinery & Equipment peers

CEO total pay ($11.5M) against pay ratio (34:1) for Fortinet, Inc. (marked) and its 4 closest same-industry peers, against the Industrial Machinery & Equipment industry median on both axes.

Pay + gap both highContained pay, wide gapHigh pay, contained gapBelow peer norms on both03005350.06010700.19016050.112021400.28.8:142.9:177.0:1111.1:1145.2:1CEO total payPay ratio (CEO : median worker)Fortinet, Inc., CEO total pay: 11458039 · Pay ratio (CEO : median worker): 34:1Fortinet, Inc.Dell Technologies Inc., CEO total pay: 3382209 · Pay ratio (CEO : median worker): 43:1Dell Technologies Inc.ACM Research, Inc., CEO total pay: 632769 · Pay ratio (CEO : median worker): 21:1ACM Research, Inc.Super Micro Computer, Inc., CEO total pay: 1389312 · Pay ratio (CEO : median worker): 16:1Super Micro Computer, Inc.Arista Networks, Inc., CEO total pay: 190815 · Pay ratio (CEO : median worker): 15:1Arista Networks, Inc.
Fortinet, Inc. vs. Industrial Machinery & Equipment peers, plotted against the industry's $9.4M median CEO total and 139:1 median pay ratio.

Ratio bands among Industrial Machinery & Equipment peers

Exclusive CEO-to-median-worker bands across 54 complete latest-FY filings in SIC 35. Segments sum to the peer set, not this company's compensation pillar.

CEO Compensation Breakdown, FY2025

A component-level pay breakdown is not reported in Fortinet, Inc.'s structured SEC pay-ratio disclosure. See our methodology →

Filing-year trail · Fortinet, Inc.

Complete DEF 14A pay-ratio filings for this CIK across FY2021–2025. Year-over-year deltas compare adjacent filing years only; incomplete dollar rows are omitted (same completeness gate as the hero figures).

Latest ratio
34:1
FY2025
vs prior FY
-71:1
from FY2024 105:1
CEO $ YoY
-13%
$11.5M latest
Filings shown
5
FY2021–2025
Fortinet, Inc. CEO total compensation, median worker pay, and pay ratio by fiscal year from SEC EDGAR DEF 14A.
FY CEO pay Δ pay Median worker Pay ratio Δ ratio
2021 $14.2M - $202,875 70:1 -
2022 $14.2M -0% $123,122 115:1 +45:1
2023 $16.3M +15% $124,446 130:1 +15:1
2024 $13.1M -19% $124,517 105:1 -25:1
2025 $11.5M -13% $152,084 34:1 -71:1

Source: SEC EDGAR DEF 14A pay-ratio disclosures for CIK 1262039, FY2021–2025. Adjacent-year deltas only.

Industry Comparison - Industrial Machinery & Equipment

This Company's Ratio
34:1
Industry Median Ratio
139:1
Industry Median CEO Pay
$9.4M
This CEO's Pay
$11.5M
Companies in Industry
60
vs. Industry Median
Below
#53 of 60 by pay ratio in this industry View all companies in Industrial Machinery & Equipment →

Fortinet, Inc.: MODEST · HEAVY pay ratio

Fortinet, Inc.'s FY2025 ratio 34:1 ranks #53 of 60 Industrial Machinery & Equipment filers (13th percentile). the CEO earned 34× the median employee ($152,084) in FY2025.

Median employee $152,084 (ELITE-MED); MODEST · HEAVY stamps put about 34 median-wage years per CEO year.

CEO Total Pay

$11.5M

FY2025 Summary Compensation, above median

Pay Ratio

34:1

Below typical

Fortinet, Inc. in the lower Industrial Machinery & Equipment third

Fortinet, Inc.'s FY2025 ratio 34:1 ranks #53 of 60 Industrial Machinery & Equipment filers (13th percentile). The structured pay-ratio disclosure reports the total without line-item components. Industrial Machinery & Equipment (SIC 35) median ratio is 139:1 across 60 FY2025 filers; Fortinet, Inc.'s $11.5M CEO total is above the $9.4M industry median CEO pay.

Dollar rank #440 and ratio rank #1111 split - treat 34:1 as a disclosure, not a fairness score. Open Industrial Machinery & Equipment peers.

Key Data, FY2025

Total Compensation
$11.5M
Median Employee Pay
$152,084
Pay Ratio
34:1
Filing Date
2026-04-29

Company Info

Ticker
FTNT
CIK
1262039
Industry
Industrial Machinery & Equipment
SIC Code
3577
State
DE
View SEC filings →
SEC EDGAR DEF 14A for CIK 1262039, FY2025. Informational only, not investment advice. Verify on EDGAR.

Read our methodology - how this data is sourced, computed, and verified. Fortinet, Inc.'s FY2025 ratio 34:1 ranks #53 of 60 Industrial Machinery & Equipment filers (13th percentile).

Read with Fortinet, Inc.

ABS(ceo_total_comp) peers first, then a SIC pole and a stamp-branched guide - not a fixed Related strip. This page stamps MODEST · HEAVY · ELITE-MED.

Medpace Holdings, Inc. · HEAVY

ABS(ceo_total_comp) peer at $11.4M (Δ $14K lighter vs Fortinet, Inc.); MID · HIGH-MED vs this page's MODEST · HEAVY · ELITE-MED.
Jackson Financial Inc. · HEAVY

ABS(ceo_total_comp) peer at $11.5M (Δ $21K heavier vs Fortinet, Inc.); MID · HIGH-MED vs this page's MODEST · HEAVY · ELITE-MED.
Ultragenyx Pharmaceutical Inc. · HEAVY

ABS(ceo_total_comp) peer at $11.5M (Δ $32K heavier vs Fortinet, Inc.); MODEST · ELITE-MED vs this page's MODEST · HEAVY · ELITE-MED.
Gray Media, Inc · HEAVY

ABS(ceo_total_comp) peer at $11.5M (Δ $39K heavier vs Fortinet, Inc.); STEEP · PAR-MED vs this page's MODEST · HEAVY · ELITE-MED.
Dell Technologies Inc. (SIC 35 pole)

Dell Technologies Inc. stamps MODEST · MID$ nearest in-SIC by ABS(pay_ratio) to Fortinet, Inc.'s MODEST filing.
National dual ranks · #440/#1111

Fortinet, Inc.'s FY2025 package sits #440 by CEO dollars and #1111 by ratio under HEAVY · MODEST.
Ratio primer · MODEST

Fortinet, Inc.'s MODEST stamp sits in the lower Item 402(u) band - start with how the ratio is disclosed before comparing peers.
Data sourced from SEC EDGAR DEF 14A for Fortinet, Inc. (CIK 1262039), FY2025. See our methodology. Aggregated by PlainCEOPay as of August 2026.

Data currency: Executive compensation from SEC EDGAR DEF 14A proxy statements through fiscal year 2025, compiled and last refreshed August 2026. See our methodology for source dates and refresh cadence. Spot a figure that looks wrong? Report a correction.