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
DateValue
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%