Varonis Systems (VRNS) Return on Capital Employed (2014 - 2026)

Varonis Systems' Return on Capital Employed history runs 13 years deep, the most recent figure standing at 13.7% for Q1 2026.

• In Q1 2026, Return on Capital Employed fell 121.0% year-over-year to 13.7%; the TTM figure through Mar 2026 stood at 13.7% (down 121.0% YoY), while the FY2025 annual figure was 13.71%, up 374.0% from the prior year.
• Return on Capital Employed was 13.7% for Q1 2026 at Varonis Systems, roughly flat from 13.7% in the prior quarter.
• In the past five years, Return on Capital Employed ranged from a high of 12.08% in Q3 2025 to a low of 16.0% in Q3 2023.
• Historically, Return on Capital Employed has averaged 14.34% across 5 years, with a median of 14.73% in 2025.
• The sharpest annual moves came in 2022 and 2025: Return on Capital Employed slumped 506 bps in 2022, then jumped 308 bps in 2025.
• A 5-year view of Return on Capital Employed shows it 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.
• The last three Return on Capital Employed figures came in at 13.7% (Q1 2026), 13.7% (Q4 2025), and 12.08% (Q3 2025), per Business Quant data.