US · USD
PANW
Palo Alto Networks Inc
- Day's range
- US$388.89 – US$404.69
- Day's volume
- US$2.4bn
- 52-week range
- US$141.67 – US$397.31
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Create a free accountPANW in numbers
- Market cap
- US$325bn
- P/E
- 1,058.63
- P/B
- 11.82
- Dividend yield (12m)
- 0.00%
PANW trades at 1,058.63 times its earnings of the last 12 months.
PANW price history
PANW risk and return
Monthly closes adjusted for splits and distributions.
| Metric | 12 months | 36 months | 60 months |
|---|---|---|---|
| Return | +91.49% | +232.64% | +388.42% |
| Volatility (annualised) | 66.78% | 45.61% | 41.79% |
| Largest drawdown | -32.38% | -32.38% | -32.75% |
| Positive months | 7/12 | 23/36 | 36/60 |
How much did investing in PANW return?
US$1,000.00 invested on 01/09/2021 would be worth US$4,884.18 today.
- Value today in PANW
- US$4,884.18
- Return over the period
- +388.42%
- Return per year
- +37.33%
- In the S&P 500
- US$1,788.52
With dividends reinvested, before taxes and costs, at month-end closes. Past returns do not guarantee future ones.
PANW fundamentals
Valuation
- P/E1,058.63
- P/B11.82
- EV/EBITDA209.68
- EV/EBIT467.63
- EV/Revenue28.31
- P/EBIT467.63
- P/S28.31
- P/OCF71.38
- P/FCF—
- Earnings yield0.21%
- PEG ratio—
- Earnings per shareUS$0.38
- Book value per shareUS$33.61
Debt
- Net debt—
- Net debt/EBITDA—
- Net debt/Equity—
- Debt/Equity—
- Current ratio0.87
- Quick ratio0.86
- Cash ratio0.31
Efficiency
- Gross margin70.36%
- EBITDA margin13.50%
- Operating margin6.05%
- Net margin2.67%
- Asset turnover0.24
Profitability
- ROE1.12%
- ROA0.63%
- ROIC1.45%
- Payout0.00%
Growth
- Revenue CAGR (5 years)21.95%
- Earnings CAGR (5 years)—
- Revenue growth (year)—
- Earnings growth (year)—
- Revenue growth (quarter)—
- Earnings growth (quarter)—
What is PANW's fair price?
Two classic value formulas, with today's numbers. The current price is US$397.31.
- Graham's fair price
- US$16.85
- 95.76% below the price
√(22.50 × US$0.38 × US$33.61)
Benjamin Graham paid no more than a P/E of 15 and a P/B of 1.5. Their product, 22.5, times earnings (EPS) and book value per share gives the fair price.
- Bazin's ceiling price
- —
- Does not apply to PANW: it paid no distributions in the last five years.
Décio Bazin only bought shares yielding at least 6% a year in distributions. The ceiling price is the average dividend per share of recent years divided by 6%.
Graham ignores growth and debt; Bazin assumes past distributions will repeat. They are reference points for comparison, not a buy recommendation.
PANW indicators by year
Multiples at each year's closing price; margins and returns from that year's accounts.
| Indicator | 2026 | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 |
|---|---|---|---|---|---|---|---|---|
| P/E | 1,038.94 | 108.65 | 45.96 | 206.96 | -52.13 | -108.70 | -128.28 | -273.86 |
| P/B | 11.60 | 15.75 | 22.92 | 52.06 | 66.27 | 85.47 | 31.09 | 14.14 |
| EV/EBITDA | 205.78 | 77.69 | 122.41 | 135.32 | 148.82 | — | 1,239.35 | 211.19 |
| Earnings per share | US$0.38 | US$1.70 | US$7.92 | US$1.42 | -US$2.68 | -US$5.12 | -US$2.77 | -US$0.84 |
| Book value per share | US$33.61 | US$11.70 | US$15.88 | US$5.66 | US$2.11 | US$6.51 | US$11.43 | US$16.36 |
| ROE | 1.12% | 14.49% | 49.87% | 25.15% | -127.14% | -78.63% | -24.23% | -5.16% |
| ROIC | 1.45% | 11.29% | 13.23% | 22.28% | -74.83% | -31.70% | -40.86% | -25.38% |
| Gross margin | 70.36% | 73.42% | 74.35% | 72.29% | 68.76% | 70.05% | 70.68% | 72.12% |
| EBITDA margin | 13.50% | 17.20% | 12.06% | 9.71% | 1.70% | -1.03% | 0.80% | 3.44% |
| Net margin | 2.67% | 12.30% | 32.12% | 6.38% | -4.85% | -11.72% | -7.83% | -2.82% |
| Net debt/EBITDA | — | — | — | -0.60 | 0.45 | — | -24.49 | -13.77 |
PANW financial statements
| Line | 2026 | 2025 | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|---|---|
| Net revenue | US$11.5bn | US$9.2bn | US$8bn | US$6.9bn | US$5.5bn | US$4.3bn |
| Cost of sales | -US$3.4bn | -US$2.5bn | -US$2.1bn | -US$1.9bn | -US$1.7bn | -US$1.3bn |
| Gross profit | US$8.1bn | US$6.8bn | US$6bn | US$5bn | US$3.8bn | US$3bn |
| EBITDA | US$1.6bn | US$1.6bn | US$968m | US$669.5m | US$93.8m | -US$43.7m |
| EBIT | US$695m | US$1.2bn | US$684m | US$387.3m | -US$188.8m | -US$304.1m |
| Net finance result | — | — | — | — | — | — |
| Profit before tax | US$536m | US$1.6bn | US$988m | US$566.3m | -US$207.2m | -US$465m |
| Income tax | -US$229m | -US$462m | US$1.6bn | -US$126.6m | -US$59.8m | -US$33.9m |
| Net income | US$307m | US$1.1bn | US$2.6bn | US$439.7m | -US$267m | -US$498.9m |
Figures the company filed with the CVM. Debt excludes leases; each quarter is that quarter alone.
Does PANW pay dividends?
PANW has no distributions on record.
About Palo Alto Networks
- Sector
- Manufacturing
Questions about PANW
How much is PANW today?
PANW is at US$397.31 (2.29% on the day), last traded on 30/09/2026.
What are the P/E and P/B of PANW?
PANW trades at a P/E of 1,058.63 and a P/B of 11.82.
How much did PANW return in 12 months?
PANW returned 91.49% in 12 months, with annualised volatility of 66.78% and a largest drawdown of -32.38%.