Palo Alto Networks, Inc. (PANW)

NASDAQ: PANW · Real-Time Price · USD

148.70

-2.29 (-1.52%)

At close: Feb 20, 2026, 4:00 PM EST

149.00

+0.30 (0.20%)

After-hours: Feb 20, 2026, 7:59 PM EST

Palo Alto Networks Ratios and Metrics

Market cap in millions USD. Fiscal year is August - July.

Millions USD. Fiscal year is Aug - Jul.

Fiscal Quarter	Current	Q2 2026	Q1 2026	Q4 2025	Q3 2025	Q2 2025	Q1 2025	Q4 2024	Q3 2024	Q2 2024	Q1 2024	Q4 2023	Q3 2023	Q2 2023	Q1 2023	Q4 2022	Q3 2022	Q2 2022	Q1 2022	Q4 2021	Q3 2021
Period Ending	Feb '26 Feb 20, 2026	Jan '26 Jan 31, 2026	Oct '25 Oct 31, 2025	Jul '25 Jul 31, 2025	Apr '25 Apr 30, 2025	Jan '25 Jan 31, 2025	Oct '24 Oct 31, 2024	Jul '24 Jul 31, 2024	Apr '24 Apr 30, 2024	Jan '24 Jan 31, 2024	Oct '23 Oct 31, 2023	Jul '23 Jul 31, 2023	Apr '23 Apr 30, 2023	Jan '23 Jan 31, 2023	Oct '22 Oct 31, 2022	Jul '22 Jul 31, 2022	Apr '22 Apr 30, 2022	Jan '22 Jan 31, 2022	Oct '21 Oct 31, 2021	Jul '21 Jul 31, 2021	Apr '21 Apr 30, 2021
Market Capitalization	121,339	123,348	149,074	115,954	123,766	121,016	117,918	105,148	93,870	106,732	75,534	76,451	55,214	47,966	51,342	49,728	55,277	51,050	49,901	38,864	34,365
Market Cap Growth	0.82%	1.93%	26.42%	10.28%	31.85%	13.38%	56.11%	37.54%	70.01%	122.52%	47.12%	53.74%	-0.11%	-6.04%	2.89%	27.96%	60.86%	50.32%	137.56%	57.42%	75.39%
Enterprise Value	117,262	119,567	146,588	113,459	121,504	118,724	116,750	103,789	92,684	105,061	75,475	76,440	55,821	48,124	51,723	49,805	55,893	51,560	50,605	39,427	34,666
Last Close Price	148.70	176.97	220.24	173.60	186.93	184.42	180.16	162.37	145.44	169.25	121.51	124.98	91.23	79.32	85.80	83.18	93.55	86.23	84.85	66.51	58.90
PE Ratio	82.57	96.22	133.47	102.26	99.99	96.47	43.12	40.79	38.35	46.88	123.04	173.87	256.45	1398.42	-	-	-	-	-	-	-
Forward PE	41.17	44.94	57.82	49.06	55.11	56.86	57.50	55.27	52.20	60.52	45.58	51.48	42.25	45.15	55.09	56.87	69.65	67.92	70.23	60.84	58.02
PS Ratio	12.26	12.47	15.60	12.57	13.95	14.12	14.23	13.10	12.05	14.18	10.48	11.09	8.51	7.79	8.82	9.04	10.69	10.51	10.95	9.13	8.62
PB Ratio	11.13	13.13	17.20	14.82	17.12	18.98	19.95	20.34	21.01	24.50	34.80	43.73	44.80	65.80	101.07	236.80	163.74	433.36	96.17	61.25	34.46
P/TBV Ratio	100.03	101.69	44.17	49.81	50.53	77.92	112.15	79.93	136.60	196.06	-	-	-	-	-	-	-	-	-	-	-
P/FCF Ratio	34.03	34.59	40.39	33.42	41.25	41.28	38.32	33.91	31.16	36.53	25.84	29.06	20.16	17.84	21.09	27.75	34.42	33.91	34.75	28.02	24.71
P/OCF Ratio	30.53	31.04	37.48	31.20	38.58	38.93	36.38	32.28	29.72	34.85	24.63	27.53	19.12	16.86	19.50	25.06	30.94	30.48	32.05	25.86	22.74
PEG Ratio	2.92	2.33	3.85	2.52	3.54	2.55	2.82	2.52	2.10	2.78	2.05	1.58	1.35	1.56	2.10	2.12	2.69	2.69	2.88	2.60	2.59
EV/Sales Ratio	11.85	12.09	15.34	12.30	13.69	13.85	14.09	12.93	11.90	13.96	10.47	11.09	8.60	7.82	8.89	9.05	10.81	10.62	11.10	9.26	8.69
EV/EBITDA Ratio	80.90	82.49	106.03	85.34	91.12	93.34	101.71	94.84	86.39	108.00	96.32	129.56	149.98	196.42	394.83	1586.14	-	-	-	-	-
EV/EBIT Ratio	99.39	101.35	131.26	106.16	112.99	115.52	126.61	116.84	105.83	135.07	128.51	197.37	374.14	2101.48	-	-	-	-	-	-	-
EV/FCF Ratio	32.89	33.53	39.72	32.70	40.49	40.49	37.94	33.47	30.77	35.96	25.82	29.05	20.38	17.90	21.24	27.79	34.81	34.25	35.24	28.43	24.93
Debt / Equity Ratio	0.05	0.05	0.05	0.05	0.11	0.15	0.19	0.26	0.34	0.50	1.02	1.30	3.20	5.43	7.80	18.82	11.70	33.59	7.65	5.58	3.52
Debt / EBITDA Ratio	0.29	0.29	0.28	0.29	0.56	0.70	0.87	1.12	1.31	2.05	2.54	3.33	8.35	11.56	17.66	32.64	104.53	-	-	-	66.32
Debt / FCF Ratio	0.13	0.13	0.12	0.12	0.27	0.33	0.36	0.43	0.51	0.75	0.76	0.86	1.44	1.47	1.63	2.21	2.46	2.63	2.77	2.55	2.52
Net Debt / Equity Ratio	-0.43	-0.43	-0.44	-0.32	-0.34	-0.35	-0.39	-0.24	-0.30	-0.27	-0.77	-0.07	-0.01	0.83	0.31	1.52	0.23	5.23	0.98	1.01	0.56
Net Debt / EBITDA Ratio	-2.81	-2.81	-2.73	-1.87	-1.87	-1.78	-2.00	-1.13	-1.27	-1.22	-2.13	-0.20	-0.03	2.48	1.21	10.14	-2.29	-6.22	-4.30	-6.98	-16.22
Net Debt / FCF Ratio	-1.14	-1.14	-1.02	-0.72	-0.83	-0.77	-0.74	-0.40	-0.45	-0.41	-0.57	-0.04	0.00	0.23	0.07	0.18	0.05	0.41	0.36	0.46	0.41
Asset Turnover	0.43	0.43	0.44	0.42	0.44	0.44	0.47	0.47	0.49	0.48	0.53	0.52	0.51	0.52	0.51	0.49	0.50	0.49	0.48	0.44	0.50
Quick Ratio	0.91	0.91	0.85	0.82	0.78	0.73	0.72	0.77	0.73	0.74	0.77	0.68	0.65	0.55	0.63	0.71	0.67	0.58	0.60	0.83	1.25
Current Ratio	1.05	1.05	0.99	0.94	0.90	0.84	0.84	0.89	0.84	0.83	0.86	0.78	0.74	0.64	0.70	0.77	0.74	0.66	0.68	0.91	1.38
Return on Equity (ROE)	16.26%	16.26%	15.32%	17.45%	21.16%	23.38%	67.66%	74.52%	85.88%	89.52%	45.84%	44.90%	27.43%	8.10%	-27.93%	-63.23%	-58.38%	-79.91%	-80.62%	-57.47%	-50.35%
Return on Assets (ROA)	3.21%	3.21%	3.18%	3.07%	3.37%	3.27%	3.28%	3.22%	3.41%	3.09%	2.68%	1.81%	0.74%	0.12%	-0.50%	-1.05%	-1.60%	-2.06%	-2.23%	-1.97%	-1.99%
Return on Invested Capital (ROIC)	15.91%	15.91%	14.88%	15.08%	22.75%	26.40%	24.41%	25.22%	27.89%	42.39%	41.60%	21.10%	9.40%	0.94%	-15.22%	-40.05%	-46.09%	-37.14%	-29.74%	-21.47%	-17.63%
Return on Capital Employed (ROCE)	7.00%	7.00%	6.90%	6.90%	7.50%	7.70%	7.10%	7.20%	8.10%	7.40%	8.10%	5.70%	2.70%	0.50%	-2.10%	-4.80%	-7.70%	-10.90%	-10.40%	-5.90%	-3.90%
Earnings Yield	1.06%	1.04%	0.75%	0.98%	1.00%	1.04%	2.32%	2.45%	2.61%	2.13%	0.81%	0.57%	0.39%	0.07%	-0.28%	-0.54%	-0.70%	-0.90%	-1.02%	-1.28%	-1.28%
FCF Yield	2.94%	2.89%	2.48%	2.99%	2.42%	2.42%	2.61%	2.95%	3.21%	2.74%	3.87%	3.44%	4.96%	5.61%	4.74%	3.60%	2.90%	2.95%	2.88%	3.57%	4.05%
Buyback Yield / Dilution	-0.36%	-0.36%	0.13%	-0.20%	0.03%	-0.78%	-2.89%	-3.42%	-7.95%	-11.19%	-16.09%	-15.78%	-11.62%	-8.12%	-2.24%	-2.25%	-2.00%	-1.56%	-0.32%	0.55%	0.78%

Updated Feb 17, 2026. Source: S&P Global Market Intelligence. Standard template. Financial Sources.

SEC Filings: 10-K · 10-Q