Varonis Systems, Inc. (VRNS)

Varonis Systems Ratios and Metrics

Market cap in millions USD. Fiscal year is January - December.

Fiscal Year	Current	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Dec 5, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Market Capitalization	3,560	4,997	4,933	2,639	5,235	5,191
Market Cap Growth	-36.10%	1.29%	86.97%	-49.60%	0.86%	119.12%
Enterprise Value	2,978	4,541	4,513	2,165	4,724	5,139
Last Close Price	30.20	44.43	45.28	23.94	48.78	54.54
Forward PE	117.97	154.00	131.97	110.89	-	-
PS Ratio	5.61	9.07	9.88	5.57	13.42	17.74
PB Ratio	5.89	10.97	10.07	5.26	8.78	55.18
P/TBV Ratio	7.87	11.55	10.60	5.54	9.20	79.75
P/FCF Ratio	26.57	46.05	90.83	5555.09	-	-
P/OCF Ratio	24.22	43.38	83.03	222.28	729.35	-
EV/Sales Ratio	4.89	8.24	9.04	4.57	12.11	17.56
EV/FCF Ratio	22.22	41.85	83.09	4558.94	-	-
Debt / Equity Ratio	0.86	1.66	0.64	0.63	0.51	2.90
Debt / FCF Ratio	3.89	6.95	5.74	666.24	-	-
Asset Turnover	0.38	0.40	0.47	0.44	0.47	0.67
Quick Ratio	1.60	1.14	2.35	3.83	4.38	2.16
Current Ratio	1.81	1.24	2.50	3.96	4.53	2.30
Return on Equity (ROE)	-22.17%	-20.26%	-20.35%	-22.67%	-33.84%	-100.22%
Return on Assets (ROA)	-5.01%	-5.01%	-6.82%	-7.04%	-7.41%	-11.22%
Return on Capital (ROIC)	-6.92%	-6.90%	-9.04%	-8.82%	-9.74%	-18.94%
Return on Capital Employed (ROCE)	-11.30%	-11.60%	-14.70%	-14.90%	-11.00%	-21.00%
Earnings Yield	-3.22%	-1.92%	-2.05%	-4.72%	-2.23%	-1.81%
FCF Yield	3.76%	2.17%	1.10%	0.02%	-0.06%	-0.31%
Buyback Yield / Dilution	-2.05%	-2.31%	0.13%	-3.77%	-11.63%	-3.93%

Updated Oct 28, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.

SEC Filings: 10-K · 10-Q