Palo Alto Networks, Inc. (PANW) Enterprise Value (EV): $188.23B
The enterprise value (EV) for Palo Alto Networks, Inc. (PANW) is $188.23B as of Friday, June 12, 2026.
PANW Enterprise Value (EV) Metrics
ENTERPRISE VALUE (EV)
$188.23B
PANW Competitors' Enterprise Value (EV)
| NAME | MARKET CAP | ENTERPRISE VALUE (EV) |
|---|---|---|
| Palo Alto Networks, Inc. (PANW) | $190.50B | $188.23B |
| Amphenol Corporation (APH) | $187.56B | $169.00B |
| Seagate Technology Holdings plc (STX) | $194.65B | $34.09B |
| Western Digital Corporation (WDC) | $182.44B | $24.93B |
| Analog Devices, Inc. (ADI) | $200.74B | $121.91B |
| CrowdStrike Holdings, Inc. (CRWD) | $176.04B | $107.08B |
| Arista Networks, Inc. (ANET) | $207.46B | $162.87B |
| QUALCOMM Incorporated (QCOM) | $213.92B | $189.70B |
| Shopify Inc. (SHOP) | $143.35B | $207.75B |
| Uber Technologies, Inc. (UBER) | $141.58B | $175.36B |
Enterprise Value Calculation
Market Cap
$190.50B
Total Debt
$0.00
Cash
$2.27B
Enterprise Value
$188.23B
EV-Based Valuation Multiples
Why use EV instead of Market Cap?
- EV accounts for debt - an acquirer must pay or assume it
- EV deducts cash - the acquirer effectively receives it
- EV enables fair comparison of companies with different capital structures
- EV-based ratios (EV/EBITDA, EV/Sales) are capital structure neutral
Palo Alto Networks, Inc. Enterprise Value (EV) Formula & Definition
Enterprise Value represents the total value of a company as if you were to acquire it completely - paying for equity while assuming debt and receiving cash.
Expanded definitions: Investopedia, Wikipedia, Corporate Finance Institute
Palo Alto Networks, Inc. Enterprise Value (EV) FAQ
- What is the enterprise value (EV) for Palo Alto Networks, Inc. (PANW)?
- The enterprise value (EV) for PANW stock is $188.23B.
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