Palo Alto Networks, Inc. PANW
374.74
(15.18)
(3.89%)
as of 25 Sep
- Market cap
- $316.8B
- P/E
- 706×
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Palo Alto Networks, Inc. (PANW) Debt to equity
Palo Alto Networks, Inc.'s debt to equity at the end of the quarter to 31 July 2026 was 0.1×. Over the past ten years it has ranged from 0.0× (fiscal 2025) to 18.8× (fiscal 2022); the current reading is higher than 17% of that period. That is above the Software Infrastructure industry median of 0.1× and above the Technology sector median of 0.1×.
Debt to equity, annual
Annual
| Period | Debt to equity | Change |
|---|---|---|
| FY2026 | 0.1× | — |
| FY2025 | 0.0× | — |
| FY2024 | 0.2× | (85.64%) |
| FY2023 | 1.3× | (93.10%) |
| FY2022 | 18.8× | 270.22% |
| FY2021 | 5.1× | 78.28% |
| FY2020 | 2.9× | 216.34% |
| FY2019 | 0.9× | (45.52%) |
| FY2018 | 1.7× | 139.55% |
| FY2017 | 0.7× | 23.60% |
Quarterly
| Period | Debt to equity | Change |
|---|---|---|
| Jul 2026 | 0.1× | 31.90% |
| Apr 2026 | 0.0× | — |
| Jan 2026 | 0.0× | — |
| Oct 2025 | 0.0× | — |
| 43 more quarters | Free account |
Against its own ten years
Low 0.0×
High 18.8×
Ten-year median
0.9×
Current reading's percentile
17
Debt to equity against peers
| Company | Debt to equity |
|---|---|
| PLTR Palantir Technologies Inc. compare | 0.0× |
| PANW Palo Alto Networks, Inc. | 0.1× |
| CRWD CrowdStrike compare | 0.1× |
| FTNT Fortinet, Inc. compare | 0.3× |
| SNPS Synopsys, Inc. compare | 0.3× |
| NBIS Nebius Group N.V. compare | 0.8× |
| NET Cloudflare, Inc. compare | 1.2× |
| ORCL Oracle Corporation compare | 1.8× |
| CRWV CoreWeave Inc. compare | 7.0× |
| Software Infrastructure industry median | 0.1× |
| Technology sector median | 0.1× |
| Market median | 0.2× |
What Debt to equity is
Debt to Equity Ratio shows how much a company relies on borrowed money compared with the money its shareholders have in the business.
(Long Term Debt (Total) + Current Part of Debt) ÷ Shareholders Equity (Total)
More on PANW
- Revenue
- Net income
- EBITDA
- Free cash flow
- Operating cash flow
- Gross margin
- Operating margin
- Net margin
- Free cash flow margin
- P/E ratio
- P/S ratio
- P/B ratio
- Price to free cash flow
- EV/EBITDA
- EV/Sales
- Return on equity
- Return on assets
- Return on invested capital
- Current ratio
- Total debt
- Shares outstanding
- Book value per share
- Revenue growth
- The full statement