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

Varonis Systems (VRNS) posted quarterly Return on Capital Employed of 13.7% for Q1 2026, down 121.0% year-over-year from 65.25% in Q1 2025, and little changed on a QoQ basis from 13.7% in Q4 2025.

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

Varonis Systems (VRNS) has reported Return on Capital Employed for 13 consecutive years, with 13.7% the latest figure, recorded in 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 came in at 13.7% for Q1 2026 at Varonis Systems, roughly flat from 13.7% in the prior quarter.
  • The five-year high for Return on Capital Employed was 12.08% in Q3 2025, with the low at 16.0% in Q3 2023.
  • Average Return on Capital Employed over 5 years is 14.34%, with a median of 14.73% recorded in 2025.
  • Across the five-year window, Return on Capital Employed tumbled 506 bps in 2022 and jumped 308 bps in 2025, its largest moves.
  • Year by year, Return on Capital Employed stood at 14.74% in 2022, then slipped by 5 bps to 15.52% in 2023, then rose by 14 bps to 13.33% in 2024, then fell by 3 bps to 13.7% in 2025, then fell by 0 bps to 13.7% in 2026.
  • According to Business Quant data, Return on Capital Employed over the past three periods registered 13.7%, 13.7%, and 12.08% for Q1 2026, Q4 2025, and Q3 2025 respectively.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) ROCE (Qtr)
1 Microsoft 2,853.66 Bn 2,775.39 Bn 56.06 Bn 27.43%
2 Oracle 408.21 Bn 376.86 Bn 17.12 Bn 9.73%
3 Palantir Technologies 300.98 Bn 293.06 Bn 1.42 Bn 24.39%
4 Palo Alto Networks 247.84 Bn 243.30 Bn 1.91 Bn 8.75%
5 CrowdStrike Holdings 193.63 Bn 190.57 Bn 993.68 Mn -4.62%
6 Fortinet 117.45 Bn 114.16 Bn 1.49 Bn 40.10%
7 Cloudflare 86.88 Bn 85.93 Bn 455.60 Mn -5.85%
8 Synopsys 86.18 Bn 86.06 Bn 1.77 Bn 1.98%
9 Block 46.10 Bn 39.21 Bn 2.91 Bn 4.34%
10 Varonis Systems 4.85 Bn 4.63 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%