Palo Alto Networks (PANW) Price/OCF Ratio: History & Chart

Palo Alto Networks, Inc.(PANW)

Software - Infrastructure · Santa Clara, CA

$331.94+3.46 (+1.05%)

Delayed quote: Sep 3, 2026, 4:00 PM EDT

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.

Santa Clara, CA

21,491 employees

www.paloaltonetworks.com

Technology / Software - Infrastructure

Sector: Technology
Industry: Software - Infrastructure
CEO: Nikesh Arora

View full financials

PANW Price/OCF Ratio Metrics

PRICE/OCF RATIO

57.96

PRICE/OCF RATIO AVG TTM

40.90

PRICE/OCF RATIO AVG 3Y

37.30

PRICE/OCF RATIO AVG 5Y

33.41

PRICE/OCF RATIO AVG 10Y

26.33

PRICE/OCF RATIO AVG 15Y

29.34

PRICE/OCF RATIO AVG 20Y

N/A

CURRENT VS TTM AVG

+41.70%

CURRENT VS 3Y AVG

+55.37%

CURRENT VS 5Y AVG

+73.49%

CURRENT VS 10Y AVG

+120.10%

CURRENT VS 15Y AVG

+97.56%

CURRENT VS 20Y AVG

N/A

SECTOR MEDIAN · TECHNOLOGY

24.92

median of 173 covered companies

CURRENT VS SECTOR MEDIAN

+132.58%

vs the sector median at left

NAME	MARKET CAP	PRICE/OCF RATIO	TTM	3Y	5Y
Palo Alto Networks, Inc. (PANW)	$270.53B	57.96	40.90	37.30	33.41
Arm Holdings plc American Depositary Shares (ARM)vs ›	$259.09B	120.91	138.16	155.36	155.36
SAP SE (SAP)vs ›	$252.89B	22.25	27.17	32.60	27.64
Arista Networks, Inc. (ANET)vs ›	$241.06B	44.71	41.85	42.66	47.07
Texas Instruments Incorporated (TXN)vs ›	$231.81B	27.05	27.92	26.79	23.76
Sandisk Corporation (SNDK)vs ›	$230.28B	20.63	89.25	89.05	89.05
KLA Corporation (KLAC)vs ›	$225.91B	54.87	47.51	33.77	27.66
International Business Machines Corporation (IBM)vs ›	$221.13B	14.83	18.58	15.66	13.61
CrowdStrike Holdings, Inc. (CRWD)vs ›	$218.90B	104.71	88.22	72.33	68.43
Salesforce, Inc. (CRM)vs ›	$216.57B	13.39	13.99	20.37	24.36

NAME

MARKET CAP

PRICE/OCF RATIO

TTM

Palo Alto Networks, Inc. (PANW)

$270.53B

57.96

40.90

37.30

33.41

Arm Holdings plc American Depositary Shares (ARM)vs ›

$259.09B

120.91

138.16

155.36

SAP SE (SAP)vs ›

$252.89B

22.25

27.17

32.60

27.64

Arista Networks, Inc. (ANET)vs ›

$241.06B

44.71

41.85

42.66

47.07

Texas Instruments Incorporated (TXN)vs ›

$231.81B

27.05

27.92

26.79

23.76

Sandisk Corporation (SNDK)vs ›

$230.28B

20.63

89.25

89.05

KLA Corporation (KLAC)vs ›

$225.91B

54.87

47.51

33.77

27.66

International Business Machines Corporation (IBM)vs ›

$221.13B

14.83

18.58

15.66

13.61

CrowdStrike Holdings, Inc. (CRWD)vs ›

$218.90B

104.71

88.22

72.33

68.43

Salesforce, Inc. (CRM)vs ›

$216.57B

13.39

13.99

20.37

24.36

Price/OCF Ratio Formula & Definition

P/OCF measures market price relative to operating cash flow: market cap divided by TTM operating cash flow. OCF is cash from operations before capital expenditures, so it sits above free cash flow — P/OCF typically reads below P/FCF, with the widest gap for capex-heavy businesses.

Price/OCF Ratio FAQ

What is the Price/OCF ratio for Palo Alto Networks, Inc. (PANW)?

The Price/OCF ratio for PANW stock is 57.96.

Is Palo Alto Networks, Inc.'s Price/OCF ratio high or low?

The Price/OCF ratio of 57.96 is 73% above its 5-year average of 33.41, near the high end of its 5-year range (17.25–69.87).

What is the TTM average Price/OCF ratio for Palo Alto Networks, Inc. (PANW)?

The TTM average Price/OCF ratio for PANW stock is 40.90.

What is the 3Y average Price/OCF ratio for Palo Alto Networks, Inc. (PANW)?

The 3Y average Price/OCF ratio for PANW stock is 37.30.

What is the 5Y average Price/OCF ratio for Palo Alto Networks, Inc. (PANW)?

The 5Y average Price/OCF ratio for PANW stock is 33.41.

What is the 10Y average Price/OCF ratio for Palo Alto Networks, Inc. (PANW)?

The 10Y average Price/OCF ratio for PANW stock is 26.33.

What is the 15Y average Price/OCF ratio for Palo Alto Networks, Inc. (PANW)?

The 15Y average Price/OCF ratio for PANW stock is 29.34.

DATE	PRICE/OCF RATIO
2026-09-02	57.96
2026-09-01	63.89
2026-08-31	67.42
2026-08-28	65.56
2026-08-27	67.55
2026-08-26	59.87
2026-08-25	59.97
2026-08-24	61.91
2026-08-21	63.14
2026-08-20	61.68
2026-08-19	63.48
2026-08-18	66.01
2026-08-17	66.30
2026-08-14	67.80
2026-08-13	69.87
2026-08-12	68.28
2026-08-11	67.72
2026-08-10	67.94
2026-08-07	64.20
2026-08-06	63.43
2026-08-05	63.99
2026-08-04	64.64
2026-08-03	61.25
2026-07-31	58.55
2026-07-30	57.46
2026-07-29	55.43
2026-07-28	56.28
2026-07-27	55.99
2026-07-24	57.13
2026-07-23	57.45
2026-07-22	59.16
2026-07-21	60.37
2026-07-20	61.52
2026-07-17	63.28
2026-07-16	62.46
2026-07-15	62.46
2026-07-14	62.26
2026-07-13	58.28
2026-07-10	57.50
2026-07-09	59.69
2026-07-08	56.56
2026-07-07	59.47
2026-07-06	63.08
2026-07-02	61.41
2026-07-01	62.11
2026-06-30	60.17
2026-06-29	58.58
2026-06-26	53.67
2026-06-25	51.71
2026-06-24	50.33
2026-06-23	51.33
2026-06-22	50.53
2026-06-18	50.78
2026-06-17	49.78
2026-06-16	49.38
2026-06-15	50.20
2026-06-12	49.34
2026-06-11	49.32
2026-06-10	46.44
2026-06-09	45.97
2026-06-08	46.99
2026-06-05	48.00
2026-06-04	49.27
2026-06-03	49.48
2026-06-02	52.43
2026-06-01	53.90
2026-05-29	50.53
2026-05-28	46.24
2026-05-27	44.57
2026-05-26	46.06
2026-05-22	46.75
2026-05-21	45.37
2026-05-20	44.25
2026-05-19	43.08
2026-05-18	44.41
2026-05-15	43.56
2026-05-14	42.73
2026-05-13	40.86
2026-05-12	38.68
2026-05-11	38.33
2026-05-08	37.29
2026-05-07	35.26
2026-05-06	32.95
2026-05-05	33.00
2026-05-04	33.11
2026-05-01	32.48
2026-04-30	32.17
2026-04-29	32.57
2026-04-28	32.47
2026-04-27	32.81
2026-04-24	32.03
2026-04-23	31.07
2026-04-22	32.51
2026-04-21	31.39
2026-04-20	30.42
2026-04-17	30.11
2026-04-16	29.95
2026-04-15	29.44
2026-04-14	28.99
2026-04-13	29.15
2026-04-10	27.94
2026-04-09	29.96
2026-04-08	31.18
2026-04-07	30.47
2026-04-06	29.05
2026-04-02	29.28
2026-04-01	28.82
2026-03-31	28.76
2026-03-30	27.69
2026-03-27	26.37
2026-03-26	28.05
2026-03-25	27.49
2026-03-24	28.20
2026-03-23	29.43
2026-03-20	29.23
2026-03-19	30.45
2026-03-18	30.30
2026-03-17	30.35
2026-03-16	30.04
2026-03-13	29.96
2026-03-12	30.16
2026-03-11	29.59
2026-03-10	29.70
2026-03-09	29.62
2026-03-06	29.61
2026-03-05	29.27
2026-03-04	28.44
2026-03-03	28.00
2026-03-02	26.94
2026-02-27	26.72
2026-02-26	26.80
2026-02-25	25.98
2026-02-24	25.41
2026-02-23	25.86
2026-02-20	26.68
2026-02-19	27.09
2026-02-18	27.33
2026-02-17	29.33
2026-02-13	29.76
2026-02-12	29.02
2026-02-11	29.47
2026-02-10	29.50
2026-02-09	29.59
2026-02-06	28.40
2026-02-05	27.59
2026-02-04	29.72
2026-02-03	29.63
2026-02-02	31.27
2026-01-30	31.55
2026-01-29	31.41
2026-01-28	32.75
2026-01-27	32.71
2026-01-26	32.84
2026-01-23	32.12
2026-01-22	32.49
2026-01-21	32.35
2026-01-20	32.81
2026-01-16	33.45
2026-01-15	33.46
2026-01-14	34.03
2026-01-13	34.02
2026-01-12	33.67
2026-01-09	33.69
2026-01-08	34.01
2026-01-07	34.56
2026-01-06	33.13
2026-01-05	32.46
2026-01-02	31.97
2025-12-31	32.83
2025-12-30	33.31
2025-12-29	33.31
2025-12-26	33.59
2025-12-24	33.37
2025-12-23	33.53
2025-12-22	33.78
2025-12-19	33.31
2025-12-18	33.13
2025-12-17	32.70
2025-12-16	33.35
2025-12-15	33.13
2025-12-12	34.17
2025-12-11	33.93
2025-12-10	34.40
2025-12-09	34.76
2025-12-08	34.82
2025-12-05	35.44
2025-12-04	34.88
2025-12-03	34.52
2025-12-02	33.85
2025-12-01	33.46
2025-11-28	33.89
2025-11-26	33.04
2025-11-25	33.20
2025-11-24	32.78
2025-11-21	32.60
2025-11-20	32.99
2025-11-19	35.63
2025-11-18	38.35
2025-11-17	38.71
2025-11-14	39.16
2025-11-13	39.07
2025-11-12	40.07
2025-11-11	41.65
2025-11-10	41.32
2025-11-07	40.50
2025-11-06	40.33
2025-11-05	40.67
2025-11-04	40.93
2025-11-03	41.83
2025-10-31	42.02
2025-10-30	41.65
2025-10-29	41.43
2025-10-28	42.24
2025-10-27	42.03
2025-10-24	41.42
2025-10-23	41.03
2025-10-22	40.53
2025-10-21	40.91
2025-10-20	40.41
2025-10-17	39.66
2025-10-16	39.21
2025-10-15	39.44
2025-10-14	39.60
2025-10-13	40.69
2025-10-10	39.79
2025-10-09	41.05
2025-10-08	41.55
2025-10-07	40.27
2025-10-06	40.56
2025-10-03	39.53
2025-10-02	39.93
2025-10-01	39.46
2025-09-30	38.85
2025-09-29	38.91
2025-09-26	38.61
2025-09-25	38.58
2025-09-24	38.29
2025-09-23	38.78
2025-09-22	39.72
2025-09-19	39.72
2025-09-18	39.24
2025-09-17	38.75
2025-09-16	38.41
2025-09-15	38.40
2025-09-12	37.45
2025-09-11	37.84
2025-09-10	37.65
2025-09-09	37.69
2025-09-08	37.66
2025-09-05	37.10
2025-09-04	36.70
2025-09-03	36.54
2025-09-02	36.35
2025-08-29	36.35
2025-08-28	42.12
2025-08-27	41.37
2025-08-26	40.63
2025-08-25	40.70
2025-08-22	40.99
2025-08-21	40.43

DATE

PRICE/OCF RATIO

2026-09-02

57.96

2026-09-01

63.89

2026-08-31

67.42

2026-08-28

65.56

2026-08-27

67.55

2026-08-26

59.87

2026-08-25

59.97

2026-08-24

61.91

2026-08-21

63.14

2026-08-20

61.68

2026-08-19

63.48

2026-08-18

66.01

2026-08-17

66.30

2026-08-14

67.80

2026-08-13

69.87

2026-08-12

68.28

2026-08-11

67.72

2026-08-10

67.94

2026-08-07

64.20

2026-08-06

63.43

2026-08-05

63.99

2026-08-04

64.64

2026-08-03

61.25

2026-07-31

58.55

2026-07-30

57.46

2026-07-29

55.43

2026-07-28

56.28

2026-07-27

55.99

2026-07-24

57.13

2026-07-23

57.45

2026-07-22

59.16

2026-07-21

60.37

2026-07-20

61.52

2026-07-17

63.28

2026-07-16

62.46

2026-07-15

62.46

2026-07-14

62.26

2026-07-13

58.28

2026-07-10

57.50

2026-07-09

59.69

2026-07-08

56.56

2026-07-07

59.47

2026-07-06

63.08

2026-07-02

61.41

2026-07-01

62.11

2026-06-30

60.17

2026-06-29

58.58

2026-06-26

53.67

2026-06-25

51.71

2026-06-24

50.33

2026-06-23

51.33

2026-06-22

50.53

2026-06-18

50.78

2026-06-17

49.78

2026-06-16

49.38

2026-06-15

50.20

2026-06-12

49.34

2026-06-11

49.32

2026-06-10

46.44

2026-06-09

45.97

2026-06-08

46.99

2026-06-05

48.00

2026-06-04

49.27

2026-06-03

49.48

2026-06-02

52.43

2026-06-01

53.90

2026-05-29

50.53

2026-05-28

46.24

2026-05-27

44.57

2026-05-26

46.06

2026-05-22

46.75

2026-05-21

45.37

2026-05-20

44.25

2026-05-19

43.08

2026-05-18

44.41

2026-05-15

43.56

2026-05-14

42.73

2026-05-13

40.86

2026-05-12

38.68

2026-05-11

38.33

2026-05-08

37.29

2026-05-07

35.26

2026-05-06

32.95

2026-05-05

33.00

2026-05-04

33.11

2026-05-01

32.48

2026-04-30

32.17

2026-04-29

32.57

2026-04-28

32.47

2026-04-27

32.81

2026-04-24

32.03

2026-04-23

31.07

2026-04-22

32.51

2026-04-21

31.39

2026-04-20

30.42

2026-04-17

30.11

2026-04-16

29.95

2026-04-15

29.44

2026-04-14

28.99

2026-04-13

29.15

2026-04-10

27.94

2026-04-09

29.96

2026-04-08

31.18

2026-04-07

30.47

2026-04-06

29.05

2026-04-02

29.28

2026-04-01

28.82

2026-03-31

28.76

2026-03-30

27.69

2026-03-27

26.37

2026-03-26

28.05

2026-03-25

27.49

2026-03-24

28.20

2026-03-23

29.43

2026-03-20

29.23

2026-03-19

30.45

2026-03-18

30.30

2026-03-17

30.35

2026-03-16

30.04

2026-03-13

29.96

2026-03-12

30.16

2026-03-11

29.59

2026-03-10

29.70

2026-03-09

29.62

2026-03-06

29.61

2026-03-05

29.27

2026-03-04

28.44

2026-03-03

28.00

2026-03-02

26.94

2026-02-27

26.72

2026-02-26

26.80

2026-02-25

25.98

2026-02-24

25.41

2026-02-23

25.86

2026-02-20

26.68

2026-02-19

27.09

2026-02-18

27.33

2026-02-17

29.33

2026-02-13

29.76

2026-02-12

29.02

2026-02-11

29.47

2026-02-10

29.50

2026-02-09

29.59

2026-02-06

28.40

2026-02-05

27.59

2026-02-04

29.72

2026-02-03

29.63

2026-02-02

31.27

2026-01-30

31.55

2026-01-29

31.41

2026-01-28

32.75

2026-01-27

32.71

2026-01-26

32.84

2026-01-23

32.12

2026-01-22

32.49

2026-01-21

32.35

2026-01-20

32.81

2026-01-16

33.45

2026-01-15

33.46

2026-01-14

34.03

2026-01-13

34.02

2026-01-12

33.67

2026-01-09

33.69

2026-01-08

34.01

2026-01-07

34.56

2026-01-06

33.13

2026-01-05

32.46

2026-01-02

31.97

2025-12-31

32.83

2025-12-30

33.31

2025-12-29

33.31

2025-12-26

33.59

2025-12-24

33.37

2025-12-23

33.53

2025-12-22

33.78

2025-12-19

33.31

2025-12-18

33.13

2025-12-17

32.70

2025-12-16

33.35

2025-12-15

33.13

2025-12-12

34.17

2025-12-11

33.93

2025-12-10

34.40

2025-12-09

34.76

2025-12-08

34.82

2025-12-05

35.44

2025-12-04

34.88

2025-12-03

34.52

2025-12-02

33.85

2025-12-01

33.46

2025-11-28

33.89

2025-11-26

33.04

2025-11-25

33.20

2025-11-24

32.78

2025-11-21

32.60

2025-11-20

32.99

2025-11-19

35.63

2025-11-18

38.35

2025-11-17

38.71

2025-11-14

39.16

2025-11-13

39.07

2025-11-12

40.07

2025-11-11

41.65

2025-11-10

41.32

2025-11-07

40.50

2025-11-06

40.33

2025-11-05

40.67

2025-11-04

40.93

2025-11-03

41.83

2025-10-31

42.02

2025-10-30

41.65

2025-10-29

41.43

2025-10-28

42.24

2025-10-27

42.03

2025-10-24

41.42

2025-10-23

41.03

2025-10-22

40.53

2025-10-21

40.91

2025-10-20

40.41

2025-10-17

39.66

2025-10-16

39.21

2025-10-15

39.44

2025-10-14

39.60

2025-10-13

40.69

2025-10-10

39.79

2025-10-09

41.05

2025-10-08

41.55

2025-10-07

40.27

2025-10-06

40.56

2025-10-03

39.53

2025-10-02

39.93

2025-10-01

39.46

2025-09-30

38.85

2025-09-29

38.91

2025-09-26

38.61

2025-09-25

38.58

2025-09-24

38.29

2025-09-23

38.78

2025-09-22

39.72

2025-09-19

39.72

2025-09-18

39.24

2025-09-17

38.75

2025-09-16

38.41

2025-09-15

38.40

2025-09-12

37.45

2025-09-11

37.84

2025-09-10

37.65

2025-09-09

37.69

2025-09-08

37.66

2025-09-05

37.10

2025-09-04

36.70

2025-09-03

36.54

2025-09-02

36.35

2025-08-29

36.35

2025-08-28

42.12

2025-08-27

41.37

2025-08-26

40.63

2025-08-25

40.70

2025-08-22

40.99

2025-08-21

40.43

Price/OCF Ratio: 57.96

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