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F5, Inc. (FFIV) Stock Analysis

Technology

F5, Inc.

$397.00

+$3.37 (+0.86%)

Last Updated: May 26, 2026

Price History

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News provided by third-party sources. Not financial advice.

Analysis

Company Overview

F5, Inc. operates as a provider of multicloud application security and delivery solutions, serving clients across the United States, Europe, the Middle East, Africa, and the Asia Pacific region. The company's distributed cloud services allow customers to deploy, secure, and operate applications within any architecture, ranging from on-premises environments to cloud-based infrastructures. This entity functions within the Technology sector, specifically classified under the Software - Infrastructure industry, a domain characterized by the development of essential digital tools required for modern business operations. The company demonstrates significant scale with a market capitalization of $16.49B and annual revenue of $3.14B, supported by an employee base of 6512. These valuation and revenue figures indicate that F5, Inc. maintains a substantial market position, reflecting its established presence and capacity to generate substantial earnings within the competitive software infrastructure landscape.

Financial Health

F5, Inc. reported a revenue of $3.14B and net income of $705.99M over the trailing twelve months, with EBITDA reaching $883.52M. The gap between the $3.14B revenue and the $705.99M net income reveals a robust cost structure where operating expenses, including cost of goods sold and administrative costs, consume approximately 77.5% of total revenue before accounting for interest and taxes. The company generated free cash flow of $681.56M, which signifies strong financial flexibility allowing for capital expenditures, debt repayment, or strategic acquisitions without immediate dilution. Profitability is supported by a gross margin of 81.4%, indicating high efficiency in production or service delivery relative to sales costs; an operating margin of 26.0% demonstrates effective control over operational expenses; and a profit margin of 22.5% confirms the ability to convert a significant portion of revenue into actual profit. Regarding liquidity and leverage, the company holds $1.20B in cash against $267.72M in debt, resulting in a conservative balance sheet profile, further evidenced by a debt-to-equity ratio of 7.57. The current ratio stands at 1.55, indicating that the company possesses sufficient current assets to cover its short-term liabilities with a comfortable safety margin. Furthermore, the return on equity is 20.8% and the return on assets is 8.1%, metrics that reveal management's effectiveness in generating returns on shareholder capital and utilizing total assets to produce profits respectively.

Valuation Assessment

The trailing twelve-month P/E ratio is 24.03, while the forward P/E is 17.29, implying that the market expects earnings to grow significantly in the coming year to justify the lower forward multiple. The price-to-book ratio is 4.67, which indicates that the stock trades at a substantial premium over its book value, suggesting investors are pricing in high growth potential or intangible assets rather than just tangible equity. Alternative valuation metrics such as the price-to-sales ratio of 5.25 and an EV/EBITDA of 17.52 provide context on revenue quality and enterprise value relative to earnings power. The stock has a 52-week high of $346.00 and a 52-week low of $223.76, and without a specific current price provided in the source data, the exact percentage deviation cannot be calculated, though the range defines the recent volatility envelope. The beta value is 0.99, meaning the stock's price volatility mirrors the broader market movements closely, without exhibiting significant outperformance or underperformance in terms of systemic risk.

Growth & Income

The company achieved a revenue growth rate of 7.3% and an earnings growth rate of 9.9% year-over-year. The earnings growth rate of 9.9% is faster than the revenue growth rate of 7.3%, which implies that the company is improving its profitability through operating leverage or cost efficiencies rather than solely relying on top-line expansion. F5, Inc. does not pay a dividend, as indicated by a dividend yield of N/A and a payout ratio of 0.0%. Consequently, the company reinvests its earnings into growth initiatives, research and development, or balance sheet strengthening rather than distributing cash to shareholders. The overall growth and income profile presents a scenario where capital appreciation is driven by organic earnings expansion and operational efficiency rather than dividend income, catering to investors seeking growth exposure in the software infrastructure sector.

Peer Comparison

F5, Inc. (FFIV) operates in the Software - Infrastructure industry. Here is how it compares to its closest peers by market capitalization:

Company Ticker Market Cap P/E Ratio
F5, Inc. FFIV $22.40B 32.6
Microsoft Corporation MSFT.TO $4.10T 24.0
Microsoft Corporation MSFT $3.11T 24.9
Oracle Corporation ORCL $552.43B 34.5

The Software - Infrastructure industry average P/E ratio is 60.1x. F5, Inc. trades at a P/E of 32.6.

This analysis is AI-generated for informational purposes only and should not be considered financial advice. Data may be delayed or inaccurate. Always do your own research and consult a qualified financial advisor before making investment decisions.

About F5, Inc.

F5, Inc. provides multicloud application security and delivery solutions in the United States, Europe, the Middle East, Africa, and the Asia Pacific region. The company's distributed cloud services enable its customers to deploy, secure, and operate applications in any architecture, from on-premises to the public cloud. It also offers unified, security, networking, and application management solutions, such as web app and API protection; multi-cloud networking; application delivery and deployment; domain name system; content delivery network; and application deployment and orchestration. In addition, the company provides application security and delivery products, including NGINX Plus; NGINX One Console; NGINX Ingress Controller; WAF for NGINX; BIG-IP Packaged Software; and BIG-IP Systems. Further, it provides a range of professional services, including maintenance, consulting, training, and other technical support services. The company sells its products to large enterprise businesses, public sector institutions, governments, and service providers through distributors, value-added resellers, managed service providers, systems integrators, and other indirect channel partners. It has partnerships with public cloud providers, such as Amazon Web Services, Microsoft Azure, and Google Cloud Platform. The company was formerly known as F5 Networks, Inc. and changed its name to F5, Inc. in November 2021. F5, Inc. was incorporated in 1996 and is headquartered in Seattle, Washington.

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Key Statistics

Market Cap
$22.40B
P/E Ratio
32.57
52-Week High
$399.59
52-Week Low
$223.76
Avg Volume
730.45K
Beta
1.00

Data provided by Yahoo Finance via yfinance. Updated daily.

Company Info

Exchange
NASDAQ
Country
United States
Employees
6,512