# F5, Inc. Common Stock (FFIV) — Stock CV

F5, Inc. is a $27.2B technology company. Revenue grew 9.4% over the last year, it keeps 22¢ of every dollar of sales as profit, and it holds more cash than debt. It trades at 37.4× earnings — near the highest of its own history.

> F5 is a market leader in the application delivery controller market. The company sells products for security, application performance, and automation.

## Identity

- **Ticker**: FFIV
- **Sector**: Technology
- **Industry**: Computer Communications Equipment
- **Headquarters**: SEATTLE, WA
- **Employees**: 6 578
- **Website**: https://www.f5.com
- **Market cap**: $27.2B
- **Last price**: $479.83
- **Financial profile**: Strong

## Vitals (TTM)

- **Revenue**: $3.31B
- **Net income**: $727M
- **Free cash flow**: $970M
- **Net cash**: $229M
- **P/E**: 37.4
- **Revenue growth (YoY)**: 9.4%

## Skills (profile scores, 0–100)

| Pillar | Score |
|---|---|
| Valuation | 29 |
| Growth | 76 |
| Profitability | 85 |
| Health | 93 |
| Quality | 95 |
| Moat | 100 |

## Qualifications (beginner checklist) — 10 of 10 passed

- [x] Revenue growing — +9.4% YoY
- [x] Profitable — $727M TTM
- [x] Profit growing — +30.8% YoY
- [x] Generates cash — $970M TTM
- [x] Debt under control — more cash than debt
- [x] Established company — $27.2B market cap
- [x] Not printing shares — -4.4% shares over ~5y
- [x] Proven track record — 10/10 profitable years
- [x] Financially stable — Altman Z 7.2 — safe
- [x] Valuation not extreme — P/E 37.4

## Experience (career milestones)

- **FY2025** — Best year on record: $692M net income
- **FY2024** — Became debt-free: cash now exceeds total debt
- **FY2016** — Profitable every year on record: 10 consecutive profitable years in our data
- **FY2016** — Revenue already above $1B: $2.00B in first reported year
- **FY2016** — Positive free cash flow every year since: 10-year streak

## Strengths

- High gross margin (81.9%)
- Strongly profitable — 22.0% net margin
- Strong cash conversion — FCF is 29.3% of revenue
- Net cash position after subtracting debt from cash
- Interest covered 55.5× by operating earnings

## Watch-outs

- None stand out in the data.

## Track record

| Year | Revenue | Net income | Free cash flow |
|---|---|---|---|
| FY2021 | $2.60B | $331M | $615M |
| FY2022 | $2.70B | $322M | $409M |
| FY2023 | $2.81B | $395M | $599M |
| FY2024 | $2.82B | $567M | $762M |
| FY2025 | $3.09B | $692M | $906M |

---

Source: https://stockcv.com/FFIV — derived from company filings; may be delayed or incomplete. Information, not investment advice.