Palo Alto Networks, Inc.
PANW Technology Software Infrastructure
Palo Alto Networks, Inc.’s revenue for fiscal 2026 (year ended July 2026) was $11.5 billion, up 24.5% from fiscal 2025. Member of the S&P 500 and Nasdaq 100; revenue growth for ten consecutive years, operating cash flow growth for five; insiders bought in the last twelve months.
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Palo Alto Networks, Inc. (PANW) EV/FCF
As of 6 October 2026, Palo Alto Networks, Inc. (PANW) trades at a EV/FCF of 76.2×. Over the past ten years it has ranged from 12.8× (March 2020) to 82.2× (January 2015); the current reading is higher than 99% of that period.
EV/FCF, daily
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Annual newest first
| Period | EV/FCF | Change |
|---|---|---|
| FY2026 | 60.2× | 84.90% |
| FY2025 | 32.5× | (1.34%) |
| FY2024 | 33.0× | 14.66% |
| FY2023 | 28.8× | 2.37% |
| FY2022 | 28.1× | 0.16% |
| FY2021 | 28.0× | (4.78%) |
| FY2020 | 29.5× | 34.82% |
| FY2019 | 21.8× | 21.18% |
| FY2018 | 18.0× | 9.69% |
| FY2017 | 16.4× | (11.68%) |
Quarterly newest first
| Period | EV/FCF | Change |
|---|---|---|
| Jul 2026 | 60.2× | 60.81% |
| Apr 2026 | 37.4× | 11.48% |
| Jan 2026 | 33.6× | (15.19%) |
| Oct 2025 | 39.6× | 21.62% |
| 43 more quarters | Free account |
Against its own ten years
EV/FCF against peers
| Company | EV/FCF |
|---|---|
| ORCL Oracle Corporation compare | −17.8× |
| NBIS Nebius Group N.V. compare | −12.0× |
| CRWV CoreWeave Inc. compare | −5.8× |
| SNPS Synopsys, Inc. compare | 37.5× |
| FTNT Fortinet, Inc. compare | 44.0× |
| PANW Palo Alto Networks, Inc. | 76.2× |
| PLTR Palantir Technologies Inc. compare | 135× |
| CRWD CrowdStrike compare | 185× |
| NET Cloudflare, Inc. compare | 393× |
What EV/FCF is
EV/Free CF shows how the value of a whole company, debt included, compares with the free cash its business produces.
((Stock Price × Shares (Basic, Weighted) (latest quarter)) + (Long Term Debt (Total) (latest quarter) + Current Part of Debt (latest quarter)) − Cash & Short Term Investments (latest quarter)) ÷ (Operating Cash Flow (TTM) + Property, Plant, Equipment Change (Net) (TTM) + Intangible Assets Change (Net) (TTM))
More on PANW
- Revenue
- Net income
- EPS (diluted)
- 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
- Debt to equity
- Current ratio
- Total debt
- Shares outstanding
- Book value per share
- Revenue growth
- Piotroski F-score
- Altman Z-score
- Beneish M-score
- The full statement