FFIV
9/9 ScoreF5, Inc.
Analysis Date: February 21, 2026
F5, Inc. provides multi-cloud application security and delivery solutions for the security, performance, and availability of network applications, servers, and storage systems. The company's multi-cloud application security and delivery solutions enable its customers to develop, deploy, operate, secure, and govern applications in any architecture, from on-premises to the public cloud. It offers application security and delivery products, including BIG-IP appliances and VIPRION chassis and related software modules and software-only Virtual Editions; Local Traffic Manager and DNS Services; Advanced Firewall Manager and Policy Enforcement Manager that leverage the unique performance characteristics of its hardware and software architecture; Application Security Manager and Access Policy Manager; NGINX Plus and NGINX Controller; Shape Defense and Enterprise Defense; Secure Web Gateway, and Silverline DDoS and Application security offerings; and online fraud and abuse prevention solutions. The company also provides a range of professional services, including consulting, training, installation, maintenance, and other technical support services. F5, Inc. sells its products to large enterprise businesses, public sector institutions, governments, and service providers through distributors, value-added resellers, managed service providers, and systems integrators in the Americas, Europe, the Middle East, Africa, and the Asia Pacific region. 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.
Buffettology Criteria
All 9 of 9 criteria passed
High ROE
Return on Equity > 12%
Value: 20.3%
High ROIC
Return on Invested Capital > 9%
Value: 14.1%
Cash Machine
FCF / Assets > 5%
Value: 14.3%
Fair Valuation
Earnings Yield > 3.5%
Value: 4.4%
Share Buybacks
Share Count is Dropping
Value: -1.4%
Defensible Moat
Gross Profit Margin > 40%
Value: 81.4%
Simple Business
Not in a speculative sector (e.g., Biotech)
Value: Technology
Conservative Debt
Debt to Equity < 1.5
Value: 0.14x
Consistent Growth
5-Year Growth is Positive
Value: 136.9%
Analysis Summary
FFIV presents a compelling picture, indeed. The company demonstrates robust profitability with strong ROE and ROIC, and its competitive moat appears formidable, protecting its earnings power. With conservative debt levels and consistent growth, this looks like a business that could be a long-term winner.
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