F5
F5 returns on capital
Annual and trailing 12-month returns on invested capital, equity and assets.
ROIC
% · Annual / TTM
ROCE
% · Annual / TTM
ROIIC
% · Annual / TTM
ROE
% · Annual / TTM
The reported inputs required for this metric are unavailable in the extracted statements for this period.
ROA
% · Annual / TTM
ROIC − WACC
Percentage points · Scenario
Quarterly data
| Fiscal period | Ended | ROIC% | ROCE% | ROIIC% | ROE% | ROA% | ROIC − WACCPercentage points |
|---|---|---|---|---|---|---|---|
| FY 2026 Q3 | Jun 30, 2026 | — | 16.88% | — | — | 11.23% | — |
| FY 2026 Q2 | Mar 31, 2026 | — | 17.28% | — | — | 11.42% | — |
| FY 2026 Q1 | Dec 31, 2025 | — | 17.25% | — | — | 11.58% | — |
| FY 2025 Q4 | Sep 30, 2025 | — | 17.35% | — | — | 11.6% | — |
| FY 2025 Q3 | Jun 30, 2025 | — | 17.63% | — | — | 11.58% | — |
| FY 2025 Q2 | Mar 31, 2025 | — | 17.38% | — | — | 11.01% | — |
| FY 2025 Q1 | Dec 31, 2024 | — | 17.18% | — | — | 10.58% | — |
| FY 2024 Q4 | Sep 30, 2024 | — | 16.68% | — | — | 10.44% | — |
| FY 2024 Q3 | Jun 30, 2024 | — | 16.85% | — | — | 10.51% | — |
| FY 2024 Q2 | Mar 31, 2024 | — | 15.3% | — | — | 9.4% | — |
| FY 2024 Q1 | Dec 31, 2023 | — | 14.8% | — | — | 8.83% | — |
| FY 2023 Q4 | Sep 30, 2023 | — | 13.11% | — | — | 7.51% | — |
| FY 2023 Q3 | Jun 30, 2023 | — | 11.87% | — | — | 6.55% | — |
| FY 2023 Q2 | Mar 31, 2023 | — | 11.78% | — | — | 6.33% | — |
| FY 2023 Q1 | Dec 31, 2022 | — | 10.57% | — | — | 5.92% | — |
| FY 2022 Q4 | Sep 30, 2022 | 16.04% | 11.47% | — | — | 6.27% | 8.3 pp |
| FY 2022 Q3 | Jun 30, 2022 | 17.23% | 12.65% | 34.05% | — | 7.01% | 9.5 pp |
| FY 2022 Q2 | Mar 31, 2022 | 17.81% | 12.67% | 24.54% | — | 7.3% | 10.1 pp |
| FY 2022 Q1 | Dec 31, 2021 | 17.18% | 10.79% | 9.42% | — | 6.75% | 9.5 pp |
| FY 2021 Q4 | Sep 30, 2021 | 17.21% | 11.27% | 8.77% | — | 6.85% | 9.5 pp |
| FY 2021 Q3 | Jun 30, 2021 | 15.86% | 10.87% | -10.26% | — | 6.37% | 8.2 pp |
| FY 2021 Q2 | Mar 31, 2021 | 15.27% | 11.2% | -159.42% | — | 6.22% | 7.6 pp |
| FY 2021 Q1 | Dec 31, 2020 | — | 12.3% | — | — | 6.76% | — |
| FY 2020 Q4 | Sep 30, 2020 | 20.74% | 13.83% | -17.35% | — | 7.62% | 13 pp |
| FY 2020 Q3 | Jun 30, 2020 | — | 15.08% | — | — | 8.38% | — |
| FY 2020 Q2 | Mar 31, 2020 | — | 16.59% | — | — | 9.17% | — |
| FY 2020 Q1 | Dec 31, 2019 | — | 21.12% | — | — | 11.68% | — |
| FY 2019 Q4 | Sep 30, 2019 | — | 26.35% | — | — | 14.27% | — |
| FY 2019 Q3 | Jun 30, 2019 | — | 29.95% | — | — | 16.23% | — |
| FY 2019 Q2 | Mar 31, 2019 | — | 34.96% | — | — | 18.25% | — |
| FY 2019 Q1 | Dec 31, 2018 | — | 35.79% | — | — | 18.43% | — |
| FY 2018 Q4 | Sep 30, 2018 | — | 36.96% | — | — | 17.84% | — |
| FY 2018 Q3 | Jun 30, 2018 | — | 37.5% | — | — | 18.34% | — |
| FY 2018 Q2 | Mar 31, 2018 | — | 37.88% | — | — | 17.59% | — |
| FY 2018 Q1 | Dec 31, 2017 | — | 37.56% | — | — | 16.97% | — |
| FY 2017 Q4 | Sep 30, 2017 | — | 37.49% | — | — | 17.58% | — |
| FY 2017 Q3 | Jun 30, 2017 | — | 38.99% | — | — | 16.86% | — |
| FY 2017 Q2 | Mar 31, 2017 | — | 39.64% | — | — | 16.76% | — |
| FY 2017 Q1 | Dec 31, 2016 | — | 37.03% | — | — | 15.72% | — |
| FY 2016 Q4 | Sep 30, 2016 | — | 36.26% | — | — | 15.84% | — |
| FY 2016 Q3 | Jun 30, 2016 | — | 35.5% | — | — | 15.68% | — |
| FY 2016 Q2 | Mar 31, 2016 | — | 35.99% | — | — | 15.92% | — |
| FY 2016 Q1 | Dec 31, 2015 | — | 36.12% | — | — | 16.06% | — |
| FY 2015 Q4 | Sep 30, 2015 | — | 35.61% | — | — | 16.23% | — |
| FY 2015 Q3 | Jun 30, 2015 | — | 35.56% | — | — | 16.31% | — |
| FY 2015 Q2 | Mar 31, 2015 | — | 34.85% | — | — | 15.88% | — |
| FY 2015 Q1 | Dec 31, 2014 | — | 32.9% | — | — | 14.93% | — |
| FY 2014 Q4 | Sep 30, 2014 | — | 30.59% | — | — | 14.1% | — |
| FY 2014 Q3 | Jun 30, 2014 | — | 29.62% | — | — | 13.57% | — |
| FY 2014 Q2 | Mar 31, 2014 | — | 28.86% | — | — | 13.33% | — |
| FY 2014 Q1 | Dec 31, 2013 | — | 27.72% | — | — | 12.97% | — |
| FY 2013 Q4 | Sep 30, 2013 | — | 27.58% | — | — | 13.39% | — |
| FY 2013 Q3 | Jun 30, 2013 | — | 27.75% | — | — | 13.49% | — |
| FY 2013 Q2 | Mar 31, 2013 | — | 29.51% | — | — | 14.28% | — |
| FY 2013 Q1 | Dec 31, 2012 | — | 31.41% | — | — | 14.89% | — |
| FY 2012 Q4 | Sep 30, 2012 | — | 32.28% | — | — | 15.82% | — |
| FY 2012 Q3 | Jun 30, 2012 | — | 31.35% | — | — | 16.02% | — |
| FY 2012 Q2 | Mar 31, 2012 | — | 31.11% | — | — | 16.09% | — |
| FY 2012 Q1 | Dec 31, 2011 | — | 30.71% | — | — | 15.89% | — |
| FY 2011 Q4 | Sep 30, 2011 | — | 30.88% | — | — | 16.47% | — |
| FY 2011 Q3 | Jun 30, 2011 | — | 29.04% | — | — | 15.5% | — |
| FY 2011 Q2 | Mar 31, 2011 | — | — | — | — | — | — |
| FY 2011 Q1 | Dec 31, 2010 | — | — | — | — | — | — |
| FY 2010 Q4 | Sep 30, 2010 | — | — | — | — | — | — |
| FY 2010 Q3 | Jun 30, 2010 | — | — | — | — | — | — |
Sources and calculations
Financial inputs from company filings. Last checked Oct 18, 2026. A dash means missing inputs or an undefined calculation.
Period changes use the preceding fiscal quarter or year. Percentage changes divide by the absolute prior value; a zero or missing baseline has no percentage change. Percentage metrics show changes in percentage points.
Quarterly returns use trailing 12-month earnings and period-end balances averaged with the same fiscal quarter one year earlier. NOPAT uses the reported effective tax rate only when pretax profit is positive and the rate is between 0 and 100%. WACC starts at 7.7%, rounded from the US nonfinancial market · generic proxy benchmark in NYU Stern · January 2026. It is an editable US sector proxy applied across history, not a company estimate; foreign reporting currencies also need a currency-specific assessment.
Market prices: Yahoo Finance · FFIV, USD. Latest completed close Sep 25, 2026. Price data retrieved Sep 28, 2026.
- ROIC
- NOPAT / average invested capital × 100. NOPAT = operating income × (1 − effective tax rate). Invested capital = equity including noncontrolling interests + debt − cash and equivalents. Average uses period end and one year earlier.
- ROCE
- Operating income / average (assets − current liabilities) × 100, using period end and one year earlier.
- ROIIC
- Year-over-year change in annual/TTM NOPAT / positive year-over-year change in invested capital × 100. Capital reductions and missing inputs yield unavailable values.
- ROE
- Earnings attributable to owners / average equity attributable to owners × 100, using period end and one year earlier.
- ROA
- Net income / average total assets × 100, using period end and one year earlier.
- ROIC − WACC
- ROIC less your WACC assumption, in percentage points. The same scenario rate is applied across history; it is not a reported or historical company WACC.