F5 (FFIV) Return on Invested Capital [ROIC] (2020 - 2023)
F5's Return on Invested Capital [ROIC] was 14.07% in fiscal Q4 2023 (quarter ended Sep 30, 2023), up 1.79 percentage points from 12.28% a year earlier and up 1.81 percentage points from the prior quarter.
F5 (FFIV) Return on Invested Capital [ROIC] (2020 - 2023) Analysis & Trends
For FY2023 (ended Sep 30, 2023), Return on Invested Capital [ROIC] at F5 came in at 13.67%, up 1.50 percentage points from FY2022.
- Return on Invested Capital [ROIC] shows a three-year change of -0.22 percentage points (FY2020 to FY2023).
- In earlier fiscal years, Return on Invested Capital [ROIC] was 12.17% in FY2022 (-0.44 pp), 12.61% in FY2021 (-1.28 pp) and 13.89% in FY2020.
- The fiscal Q4 2023 figure marks the highest quarterly Return on Invested Capital [ROIC] in data going back to fiscal Q3 2020.
- Compared with a year earlier, Return on Invested Capital [ROIC] was higher in four of the last eight quarters, with an average year-over-year change of +0.43 percentage points.
- The best year-over-year quarter for Return on Invested Capital [ROIC] over five years was fiscal Q2 2022 (a gain of 2.11 percentage points); the worst was fiscal Q1 2023 (a drop of 1.06 percentage points).
- Per Business Quant data, FFIV's Return on Invested Capital [ROIC] in the three fiscal quarters before Q4 2023 was 12.27% (Q3 2023), 12.49% (Q2 2023) and 11.49% (Q1 2023).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | ROIC (Qtr) |
|---|---|---|---|---|---|
| 1 | Palo Alto Networks | 328.64 Bn | 313.71 Bn | 2.30 Bn | - |
| 2 | CrowdStrike Holdings | 276.50 Bn | 256.94 Bn | 1.10 Bn | -2.11% |
| 3 | Fortinet | 132.74 Bn | 118.67 Bn | 1.64 Bn | 111.71% |
| 4 | Snowflake | 120.19 Bn | 107.50 Bn | 1.04 Bn | - |
| 5 | Datadog | 99.51 Bn | 81.15 Bn | 881.34 Mn | - |
| 6 | Okta | 35.35 Bn | 25.44 Bn | 641.00 Mn | 2.98% |
| 7 | Axon Enterprise | 33.58 Bn | 28.10 Bn | 546.45 Mn | 0.45% |
| 8 | Zscaler | 32.06 Bn | 18.18 Bn | - | - |
| 9 | MongoDB | 28.84 Bn | 19.30 Bn | 569.77 Mn | - |
| 10 | F5 | 25.80 Bn | 20.21 Bn | 711.51 Mn | - |
Historic Data
| Date | Value |
|---|---|
| Sep 30, 2023 | 14.07% |
| Jun 30, 2023 | 12.27% |
| Mar 31, 2023 | 12.49% |
| Dec 31, 2022 | 11.49% |
| Sep 30, 2022 | 12.28% |
| Jun 30, 2022 | 13.06% |
| Mar 31, 2022 | 12.97% |
| Dec 31, 2021 | 12.55% |
| Sep 30, 2021 | 12.74% |
| Jun 30, 2021 | 12.22% |
| Mar 31, 2021 | 10.86% |
| Dec 31, 2020 | 11.02% |
| Sep 30, 2020 | 11.77% |
| Jun 30, 2020 | 12.86% |
F5 Return on Invested Capital [ROIC] API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=return-on-invested-capital-%5Broic%5D&ticker=FFIV&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "return-on-invested-capital-[roic]", "ticker": "FFIV", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()
const res = await fetch("https://data.businessquant.com/historic?slug=return-on-invested-capital-%5Broic%5D&ticker=FFIV&period=max&api_key=YOUR_API_KEY");
const data = await res.json();