FFIVF5, Inc.
$310.88+21% 1Y
$310.88
$223.9952 weeks$479.68
The business
How FFIV's business earns
F5, Inc. earns 29% on the capital it employs against an estimated 9.0% cost of capital.
29%
Return on invested capital · cost of capital 9.0% · 20 points above the estimated cost of capital
- Operating margin
- 25%
Operating margin · Software - Infrastructure median 7.8% · 12 months to Jun 30, 2026
- Cash conversion
- 1.52×
Cash conversion · 1.57× a year ago · operating cash flow divided by operating profit after tax
- Share count, year on year
- −1.6%
Share count, year on year · fewer shares than a year ago
Operating margin by fiscal year
| Year | Operating margin |
|---|---|
| FY2020 | 17% |
| FY2021 | 15% |
| FY2022 | 15% |
| FY2023 | 17% |
| FY2024 | 23% |
| FY2025 | 25% |
Details›
- Gross margin12 months to Jun 30, 2026
- 82%
- Operating margin12 months to Jun 30, 2026
- 25%
- Net margin12 months to Jun 30, 2026
- 22%
- Free cash flow margin
- 29%
- R&D as % of revenue
- 18%
- Revenue, trailing twelve months
- $3.31B
- Free cash flow, trailing twelve months
- $970M
- Net income, trailing twelve months
- $727M
- Return on invested capitaloperating profit after tax ÷ debt + equity − cash
- 29%
Margins, capital and share counts from the statements as filed with the SEC; cash conversion is operating cash flow over operating profit after tax.
On our screensFree cash flow yield of 5 to 30 percent
Software, Infrastructure
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