F5 FFIV
NASDAQ FFIV
$310.84 -0.90 (-0.29%)
At close: Nov 6, 2026 · 4:00 PM EST

F5 (FFIV) Return on Invested Capital [ROIC] (2020 - 2023)

Updated

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.

Analysis

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 Set

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) ROIC (Qtr)
1 Palo Alto Networks 235.00 Bn 220.07 Bn 2.30 Bn -
2 CrowdStrike Holdings 221.18 Bn 201.58 Bn 1.10 Bn -2.11%
3 Snowflake 96.49 Bn 83.81 Bn 1.04 Bn -
4 Fortinet 87.26 Bn 71.51 Bn 1.64 Bn 88.94%
5 Datadog 64.27 Bn 44.82 Bn 959.92 Mn -
6 Zscaler 31.67 Bn 17.82 Bn 689.22 Mn -
7 Okta 29.42 Bn 19.51 Bn 641.00 Mn 2.98%
8 Axon Enterprise 25.30 Bn 19.82 Bn 546.45 Mn 0.45%
9 MongoDB 25.20 Bn 15.67 Bn 569.77 Mn -
10 F5 17.64 Bn 12.05 Bn 711.51 Mn -
Historic Data

Historic Data

Download Data
DateValue
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%
API Access

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