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F5, Inc. FFIV Net debt / EBITDA

Net debt / EBITDA at other companies

Cisco Systems, Inc. logo
Cisco Systems, Inc.CSCO
1.5×0.0×
Amazon logo
AmazonAMZN
0.9×+0.2×
Akamai Technologies logo
Akamai TechnologiesAKAM
0.9×+0.9×
Fortinet logo
FortinetFTNT
-0.7×-0.2×
Cloudflare, Inc. logo
Cloudflare, Inc.NET
-5×-5.4×
Alphabet Inc. logo
Alphabet Inc.GOOGL

Other financials

Income statement

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Revenue$811.7M+11.0%
Gross profit$660.8M+12.0%
Operating income$179.0M+12.7%
Net income$147.8M+1.5%
EPS (diluted)$2.58+4.0%

Balance sheet

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Cash & equivalents$1.4B+14.6%
Total debt$259.9M-2.6%
Total assets$6.5B+10.0%

Cash flow

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Operating cash flow$365.9M+42.6%
CapEx$18.3M+74.7%
Free cash flow$347.6M+41.2%

Valuation

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Market cap$21.71B+6.5%
Enterprise value$20.53B+5.6%
P/E30.7×-2.1×
P/S6.7×-0.2×

Profitability

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Gross margin81.5%+0.6pp
Operating margin24.7%+0.2pp
Net margin22%+0.8pp

Returns & leverage

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Return on equity506.2%
Debt / equity12.7×
Current ratio1.6×+0.1×

Where this comes from

Calculated from F5, Inc.’s reported figures.

Based on the most recent quarter.

The official record: F5, Inc.’s 10-Q, filed May 5, 2026, on SEC EDGAR. View the filing →

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Questions, answered.

What is F5, Inc.'s net debt / EBITDA?
F5, Inc. (FFIV) reported net debt / EBITDA of -1.3× in Q1 2026.
How has F5, Inc.'s net debt / EBITDA changed year-over-year?
F5, Inc.'s net debt / EBITDA decreased by 8.7% year-over-year, from -1.2× to -1.3×.
What is the long-term trend for F5, Inc.'s net debt / EBITDA?
Over 4 years (2021 to 2025), F5, Inc.'s net debt / EBITDA has grown at a 78.3% compound annual growth rate (CAGR), from 0.5× to -5×.
What does net debt / EBITDA mean?
How many years of operating earnings it would take to pay off the company's net debt.
How do you interpret net debt / EBITDA?
Lower is safer; lenders often covenant around 3–4×. A negative value means net cash (more cash than debt), a position of strength. Spikes can reflect a temporary EBITDA dip rather than new borrowing.
How does net debt / EBITDA compare across companies?
A standard leverage yardstick across non-financial sectors; covenant thresholds vary by industry cash-flow stability.