Varonis Systems (VRNS) Return on Capital Employed (2014 - 2026)
Varonis Systems' (VRNS) quarterly Return on Capital Employed came in at 13.7% in Q1 2026, down 121.0% year-on-year from 65.25% in Q1 2025, and little changed quarter-over-quarter from 13.7% in Q4 2025.
Varonis Systems (VRNS) Return on Capital Employed (2014 - 2026) Analysis & Trends
Varonis Systems' Return on Capital Employed history runs 13 years deep, the most recent figure standing at 13.7% for Q1 2026.
- On a quarterly basis, Return on Capital Employed fell 121.0% year-over-year to 13.7% in Q1 2026; TTM through Mar 2026 was 13.7%, a 121.0% decrease from a year earlier, with the FY2025 full-year figure at 13.71%, up 374.0% from the prior year.
- Return on Capital Employed steadied at 13.7% in Q1 2026 per VRNS's latest filing, from 13.7% in the prior quarter.
- Across five years, Return on Capital Employed topped out at 12.08% in Q3 2025 and bottomed at 16.0% in Q3 2023.
- The 5-year median for Return on Capital Employed is 14.73% (2025), against an average of 14.34%.
- Across the five-year window, Return on Capital Employed slumped 506 bps in 2022 and soared 308 bps in 2025, its largest moves.
- Year by year, Return on Capital Employed stood at 14.74% in 2022, then fell by 5 bps to 15.52% in 2023, then climbed by 14 bps to 13.33% in 2024, then slipped by 3 bps to 13.7% in 2025, then slipped by 0 bps to 13.7% in 2026.
- Per Business Quant, the three latest VRNS Return on Capital Employed figures stand at 13.7% (Q1 2026), 13.7% (Q4 2025), and 12.08% (Q3 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | ROCE (Qtr) |
|---|---|---|---|---|---|
| 1 | Microsoft | 2,921.46 Bn | 2,797.02 Bn | 56.06 Bn | 27.43% |
| 2 | PagSeguro Digital | 2,686.70 Bn | 2,686.70 Bn | 358.92 Mn | 54.07% |
| 3 | Oracle | 344.13 Bn | 312.24 Bn | - | 9.73% |
| 4 | Repay Holdings | 342.29 Bn | 342.15 Bn | - | - |
| 5 | Palantir Technologies | 294.57 Bn | 286.54 Bn | 1.42 Bn | 24.39% |
| 6 | Palo Alto Networks | 224.46 Bn | 219.93 Bn | 1.91 Bn | 8.75% |
| 7 | CrowdStrike Holdings | 182.52 Bn | 179.42 Bn | 993.68 Mn | -4.62% |
| 8 | Fortinet | 111.29 Bn | 107.99 Bn | 1.49 Bn | 40.10% |
| 9 | Cloudflare | 93.63 Bn | 92.68 Bn | 455.60 Mn | -5.85% |
| 10 | Varonis Systems | 5.19 Bn | 4.97 Bn | 131.56 Mn | -13.70% |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | -13.70% |
| Dec 31, 2025 | -13.70% |
| Sep 30, 2025 | -12.08% |
| Jun 30, 2025 | -14.73% |
| Mar 31, 2025 | -12.50% |
| Dec 31, 2024 | -13.33% |
| Sep 30, 2024 | -14.75% |
| Jun 30, 2024 | -14.98% |
| Mar 31, 2024 | -15.58% |
| Dec 31, 2023 | -15.52% |
| Sep 30, 2023 | -16.00% |
| Jun 30, 2023 | -15.39% |
| Mar 31, 2023 | -14.35% |
| Dec 31, 2022 | -14.74% |
| Sep 30, 2022 | -15.26% |
| Jun 30, 2022 | -14.48% |
| Mar 31, 2022 | -12.75% |
| Dec 31, 2021 | -11.32% |
| Sep 30, 2021 | -10.19% |
| Jun 30, 2021 | -10.07% |