Palo Alto Networks, Inc. (PANW) Debt to Equity Ratio: 0.04
Is Palo Alto Networks, Inc.’s debt to equity ratio high or low?
Palo Alto Networks, Inc.'s debt to equity ratio of 0.04 is 99% below its 5-year average of 4.69, near the low end of its 5-year range (0.04–18.82).
The debt to equity ratio for Palo Alto Networks, Inc. (PANW) is 0.04 as of Wednesday, June 10, 2026. It is below its 12-month average by 73.33% (0.15).
PANW Debt to Equity Ratio Chart
PANW Average Debt to Equity Ratio Chart
PANW Current vs Average Debt to Equity Ratio Chart
PANW Debt to Equity Ratio Metrics
DEBT TO EQUITY RATIO
0.04
DEBT TO EQUITY RATIO AVG TTM
0.15
DEBT TO EQUITY RATIO AVG 3Y
5.11
DEBT TO EQUITY RATIO AVG 5Y
4.69
DEBT TO EQUITY RATIO AVG 10Y
3.02
DEBT TO EQUITY RATIO AVG 15Y
2.14
DEBT TO EQUITY RATIO AVG 20Y
2.01
CURRENT VS TTM AVG
-73.33%
CURRENT VS 3Y AVG
-99.22%
CURRENT VS 5Y AVG
-99.15%
CURRENT VS 10Y AVG
-98.67%
CURRENT VS 15Y AVG
-98.13%
CURRENT VS 20Y AVG
-98.01%
PANW Competitors' Debt to Equity Ratio
| NAME | MARKET CAP | DEBT TO EQUITY RATIO | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| Palo Alto Networks, Inc. (PANW) | — | 0.04 | 0.15 | 5.11 | 4.69 |
| Western Digital Corporation (WDC) | $178.45B | 0.96 | 0.84 | 0.77 | 0.81 |
| Seagate Technology Holdings plc (STX) | $189.70B | -11.03 | 30.24 | 20.95 | 13.54 |
| CrowdStrike Holdings, Inc. (CRWD) | $164.18B | 0.19 | 0.21 | 0.33 | 0.49 |
| Analog Devices, Inc. (ADI) | $197.09B | 0.26 | 0.24 | 0.23 | 0.21 |
| Salesforce, Inc. (CRM) | $143.61B | 0.29 | 0.24 | 0.23 | 0.22 |
| Shopify Inc. (SHOP) | $143.29B | 0.01 | 0.06 | 0.10 | 0.11 |
| Uber Technologies, Inc. (UBER) | $143.27B | 0.45 | 0.49 | 0.91 | 0.88 |
| QUALCOMM Incorporated (QCOM) | $216.51B | 0.77 | 0.68 | 0.75 | 1.21 |
| Marvell Technology, Inc. (MRVL) | $233.47B | 0.33 | 0.33 | 0.31 | 0.29 |
Financial Health
Debt/Equity
0.04
Current Ratio
0.89
Palo Alto Networks, Inc. Debt to Equity Ratio Formula & Definition
Debt to Equity measures financial leverage by comparing total debt to shareholders' equity.
Expanded definitions: Investopedia, Wikipedia, Corporate Finance Institute
Palo Alto Networks, Inc. Debt to Equity Ratio FAQ
- What is the debt to equity ratio for Palo Alto Networks, Inc. (PANW)?
- The debt to equity ratio for PANW stock is 0.04.
- Is Palo Alto Networks, Inc.'s debt to equity ratio high or low?
- Palo Alto Networks, Inc.'s debt to equity ratio of 0.04 is 99% below its 5-year average of 4.69, near the low end of its 5-year range (0.04–18.82).
- What is the TTM average debt to equity ratio for Palo Alto Networks, Inc. (PANW)?
- The TTM average debt to equity ratio for PANW stock is 0.15.
- What is the 3Y average debt to equity ratio for Palo Alto Networks, Inc. (PANW)?
- The 3Y average debt to equity ratio for PANW stock is 5.11.
- What is the 5Y average debt to equity ratio for Palo Alto Networks, Inc. (PANW)?
- The 5Y average debt to equity ratio for PANW stock is 4.69.
- What is the 10Y average debt to equity ratio for Palo Alto Networks, Inc. (PANW)?
- The 10Y average debt to equity ratio for PANW stock is 3.02.
- What is the 15Y average debt to equity ratio for Palo Alto Networks, Inc. (PANW)?
- The 15Y average debt to equity ratio for PANW stock is 2.14.
- What is the 20Y average debt to equity ratio for Palo Alto Networks, Inc. (PANW)?
- The 20Y average debt to equity ratio for PANW stock is 2.01.
Palo Alto Networks, Inc. Debt to Equity Ratio History
| DATE | DEBT TO EQUITY RATIO |
|---|---|
| 2025-07-31 | 0.04 |
| 2024-07-31 | 0.26 |
| 2023-07-31 | 1.30 |
| 2022-07-31 | 18.82 |
| 2021-07-31 | 4.64 |
| 2020-07-31 | 3.10 |
| 2019-07-31 | 0.90 |
| 2018-07-31 | 1.94 |
| 2017-07-31 | 0.69 |
| 2016-07-31 | 0.64 |
| 2015-07-31 | 0.85 |
| 2014-07-31 | 1.00 |
| 2013-07-31 | 0.00 |
| 2012-07-31 | 0.00 |
| 2011-07-31 | 0.00 |
| 2010-07-31 | 0.00 |
| 2009-07-31 | 0.00 |
Related Metrics
About Palo Alto Networks, Inc.
Palo Alto Networks, Inc. is a global leader in providing advanced cybersecurity solutions. The company's core product line includes both hardware and software-based firewalls. It also offers Panorama, a sophisticated security management platform designed for centralized control of these firewall deployments, whether they are physical appliances, virtual instances, or situated in public or private cloud environments. Additionally, the firm provides virtual system upgrades to enhance the capacity of its physical firewall units. Complementing its core products, Palo Alto Networks delivers an extensive range of subscription services. These encompass robust threat prevention, protection against malware and advanced persistent threats, URL filtering, and security for both laptop and mobile devices. Further specialized subscriptions include DNS security, Internet of Things (IoT) security, SaaS security (via API and inline methods), threat intelligence, and data loss prevention. Beyond its product and subscription offerings, the company extends various expert services, such as cloud security, secure access solutions, security analytics and automation tools, and specialized cybersecurity consulting, often integrated with threat intelligence. Its professional services cover critical areas like architectural design and planning, system implementation, configuration, and seamless firewall migration. Educational resources, including certifications and both online and in-classroom training, are also available, alongside comprehensive support services. Palo Alto Networks distributes its security solutions both directly and through an extensive network of channel partners. Its diverse clientele primarily comprises medium to large-scale enterprises, service providers, and governmental organizations across a wide array of industries. These sectors include education, energy, financial services, healthcare, internet and media, manufacturing, the broader public sector, and telecommunications. Established in 2005, Palo Alto Networks maintains its corporate headquarters in Santa Clara, California.
- Sector
- Technology
- Industry
- Software - Infrastructure
- CEO
- Nikesh Arora