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. In the quarter to July 2026, revenue grew 34.5%, EPS fell 192.1%, free cash flow grew 34.3% and total debt rose 174.7%, each against the same quarter a year earlier. 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) Return on invested capital
Palo Alto Networks, Inc.'s return on invested capital over the twelve months to 31 July 2026 was 1.66%. Over the past ten years it has ranged from −89.8% (fiscal 2016) to 15.8% (fiscal 2025); the current reading is higher than 75% of that period. That is above the Software Infrastructure industry median of 0.00% and above the Technology sector median of 0.00%.
Return on invested capital, annual
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Annual newest first
| Period | Return on invested capital | Change (points) |
|---|---|---|
| FY2026 | 1.66% | (14.13) |
| FY2025 | 15.8% | 3.76 |
| FY2024 | 12.0% | (2.83) |
| FY2023 | 14.9% | 37.20 |
| FY2022 | −22.3% | (2.53) |
| FY2021 | −19.8% | 2.74 |
| FY2020 | −22.6% | (6.69) |
| FY2019 | −15.9% | (15.86) |
| FY2018 | 0.00% | 0.00 |
| FY2017 | 0.00% | 89.78 |
Against its own ten years
Return on invested capital against peers
| Company | Return on invested capital |
|---|---|
| PLTR Palantir Technologies Inc. compare | 346.1% |
| ORCL Oracle Corporation compare | 9.75% |
| XYZ Block, Inc. compare | 3.43% |
| PANW Palo Alto Networks, Inc. | 1.66% |
| SNPS Synopsys, Inc. compare | 1.33% |
| FTNT Fortinet, Inc. compare | 0.00% |
| NET Cloudflare, Inc. compare | 0.00% |
| NBIS Nebius Group N.V. compare | −3.94% |
| CRWD CrowdStrike compare | −9.53% |
| Software Infrastructure industry median | 0.00% |
| Technology sector median | 0.00% |
| Market median | 0.00% |
What Return on invested capital is
Return on Invested Capital shows how much after-tax operating profit a company earns on the money its lenders and shareholders have put in.
TTM: (Operating Income × 0.625) ÷ (Shareholders Equity (Total) (latest quarter) + Long Term Debt (Total) (latest quarter) + Current Part of Debt (latest quarter) − Cash & Short Term Investments (latest quarter)); Annual: (Operating Income × 0.625) ÷ (Shareholders Equity (Total) + Long Term Debt (Total) + Current Part of Debt − Cash & Short Term Investments)
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
- EV/FCF
- Return on equity
- Return on assets
- 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