Revenue (FY 2025)
↑14.9% YoY
$9.22B
3-Yr CAGR: 18.8%
Net Income
↓-56.0% YoY
$1.13B
Net Margin: 12.3%
Free Cash Flow
↑11.9% YoY
$3.47B
FCF Yield: 1.29%
EPS (Diluted)
↓-78.0% YoY
$1.60
Basic: $1.71
Return on Equity
Efficiency
14.5%
ROA: 4.8%
📊 Multi-Year Historical Performance & Trends
Financial Performance History
Revenue, Net Income & Free Cash Flow
Margins Trend (%)
Gross, Operating & Net Margins
Balance Sheet Strength
Cash, Debt & Equity
Cash Flow Generation
Operating Cash Flow vs CapEx vs FCF
📈 Year-over-Year (YoY) Growth History (PANW)
All monetary values in millions ($M)| Fiscal Year | Revenue | Revenue YoY | Gross Profit | Net Income | Net Inc YoY | Diluted EPS | EPS YoY | Div / Sh | Div Yield | Op. Cash Flow | Free Cash Flow | FCF YoY |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| FY 2016 | $1,378.5M | — | $1,008.5M | $-225.9M | — | — | — | — | 0.00% | $658.1M | $585.6M | — |
| FY 2017 | $1,761.6M | +27.8% | $1,285.0M | $-216.6M | +4.1% | — | — | — | 0.00% | $868.5M | $705.1M | +20.4% |
| FY 2018 | $2,273.1M | +29.0% | $1,627.8M | $-147.9M | +31.7% | — | — | — | 0.00% | $1,037.0M | $925.0M | +31.2% |
| FY 2019 | $2,899.6M | +27.6% | $2,091.2M | $-81.9M | +44.6% | — | — | — | 0.00% | $1,055.6M | $924.4M | -0.1% |
| FY 2020 | $3,408.4M | +17.5% | $2,408.9M | $-267.0M | -226.0% | — | — | — | 0.00% | $1,035.7M | $821.3M | -11.2% |
| FY 2021 | $4,256.1M | +24.9% | $2,981.2M | $-498.9M | -86.9% | $-0.86 | — | — | 0.00% | $1,503.0M | $1,387.0M | +68.9% |
| FY 2022 | $5,501.5M | +29.3% | $3,782.8M | $-267.0M | +46.5% | $-1.35 | -56.9% | — | 0.00% | $1,984.7M | $1,791.9M | +29.2% |
| FY 2023 | $6,892.7M | +25.3% | $4,983.0M | $439.7M | +264.7% | $0.64 | +147.2% | — | 0.00% | $2,777.5M | $2,631.2M | +46.8% |
| FY 2024 | $8,027.5M | +16.5% | $5,968.3M | $2,577.6M | +486.2% | $7.28 | +1,037.5% | — | 0.00% | $3,257.6M | $3,100.8M | +17.8% |
| FY 2025 | $9,221.5M | +14.9% | $6,769.9M | $1,133.9M | -56.0% | $1.60 | -78.0% | — | 0.00% | $3,716.0M | $3,469.8M | +11.9% |
Valuation
Market Price
$330.60
Market Cap
$268.82B
Enterprise Value
$266.55B
P/E Ratio
206.62
P/B Ratio
34.35
FCF Yield
1.29%
Dividend Yield
N/A
Shares Outstanding
Profitability & Margins
Gross Margin
73.41%
Operating Margin
13.48%
Net Margin
12.30%
Return on Equity (ROE)
14.49%
Return on Assets (ROA)
4.81%
Asset Turnover
0.39x
Revenue 3-Yr CAGR
18.79%
Financial Health & Liquidity
Current Ratio
0.94
Cash Ratio
0.28
Debt / Equity
0.000
Debt / Assets
0.000
Cash & Equivalents
$2.27B
Total Debt
N/A
Book Value / Share
$9.62
Cash Flow Efficiency
Operating Cash Flow
$3.72B
Capital Expenditures (CapEx)
$246.20M
Free Cash Flow
$3.47B
OCF / Revenue
40.30%
FCF / Revenue
37.63%
FCF 3-Yr CAGR
24.64%
Per Share Metrics
EPS (Diluted)
$1.60
EPS (Basic)
$1.71
Dividends / Share
N/A
Book Value / Share
$9.62
EPS YoY Growth
-78.02%
Balance Sheet (FY 2025)
Total Assets
$23.58B
Total Liabilities
$15.75B
Stockholders' Equity
$7.82B
Current Assets
$7.52B
Current Liabilities
$7.99B