Palo Alto Networks, Inc. (PANW) EV/EBITDA Ratio: 110.56x
Is Palo Alto Networks, Inc.’s EV/EBITDA ratio high or low?
Palo Alto Networks, Inc.'s EV/EBITDA ratio of 110.56x is 69% below its 5-year average of 360.02x, near the low end of its 5-year range (41.36x–2621.36x).
As of Thursday, June 11, 2026. 61.15% above its 12-month average of 68.61x.
PANW EV/EBITDA Ratio Chart
PANW Average EV/EBITDA Ratio Chart
PANW Current vs Average EV/EBITDA Ratio Chart
PANW EV/EBITDA Ratio Metrics
EV/EBITDA RATIO
110.56x
EV/EBITDA RATIO AVG TTM
68.61x
EV/EBITDA RATIO AVG 3Y
89.80x
EV/EBITDA RATIO AVG 5Y
360.02x
EV/EBITDA RATIO AVG 10Y
352.05x
EV/EBITDA RATIO AVG 15Y
464.59x
EV/EBITDA RATIO AVG 20Y
464.59x
CURRENT VS TTM AVG
+61.15%
CURRENT VS 3Y AVG
+23.12%
CURRENT VS 5Y AVG
-69.29%
CURRENT VS 10Y AVG
-68.60%
CURRENT VS 15Y AVG
-76.20%
CURRENT VS 20Y AVG
-76.20%
PANW Competitors' EV/EBITDA Ratio
| NAME | MARKET CAP | EV/EBITDA RATIO | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| Palo Alto Networks, Inc. (PANW) | $185.38B | 110.56x | 68.61x | 89.80x | 360.02x |
| Amphenol Corporation (APH) | $183.21B | 26.11x | 28.88x | 25.45x | 23.09x |
| Seagate Technology Holdings plc (STX) | $182.97B | 57.35x | 31.23x | 66.66x | 44.62x |
| Arista Networks, Inc. (ANET) | $191.09B | 45.21x | 46.43x | 40.46x | 37.57x |
| Analog Devices, Inc. (ADI) | $195.95B | 32.65x | 29.66x | 24.31x | 23.83x |
| CrowdStrike Holdings, Inc. (CRWD) | $174.56B | 487.92x | 1387.23x | 1329.96x | 1416.17x |
| Western Digital Corporation (WDC) | $168.93B | 34.51x | 23.06x | 21.93x | 13.99x |
| QUALCOMM Incorporated (QCOM) | $204.28B | 16.31x | 13.41x | 15.15x | 14.13x |
| Marvell Technology, Inc. (MRVL) | $231.37B | 51.20x | 40.24x | 71.79x | 68.63x |
| Uber Technologies, Inc. (UBER) | $138.87B | 24.37x | 25.06x | 39.37x | 49.66x |
EV/EBITDA vs. its own history
At 110.6, EV/EBITDA is at an extreme level (the multiple carries little signal here), sitting higher than 36% of its 14-year history.
14-year low
41.4
median
154.5
14-year high
4554.0
Palo Alto Networks, Inc. EV/EBITDA Ratio Formula & Definition
EV/EBITDA = Enterprise Value / EBITDA (TTM)
Enterprise value to EBITDA is a capital-structure-neutral valuation multiple, useful for comparing companies with different debt levels and tax rates.
Expanded definitions: Investopedia, Wikipedia, Corporate Finance Institute
Palo Alto Networks, Inc. EV/EBITDA Ratio FAQ
- What is the EV/EBITDA ratio for Palo Alto Networks, Inc. (PANW)?
- The EV/EBITDA ratio for PANW stock is 110.56x.
- Is Palo Alto Networks, Inc.'s EV/EBITDA ratio high or low?
- Palo Alto Networks, Inc.'s EV/EBITDA ratio of 110.56x is 69% below its 5-year average of 360.02x, near the low end of its 5-year range (41.36x–2621.36x).
- What is the TTM average EV/EBITDA ratio for Palo Alto Networks, Inc. (PANW)?
- The TTM average EV/EBITDA ratio for PANW stock is 68.61x.
- What is the 3Y average EV/EBITDA ratio for Palo Alto Networks, Inc. (PANW)?
- The 3Y average EV/EBITDA ratio for PANW stock is 89.80x.
- What is the 5Y average EV/EBITDA ratio for Palo Alto Networks, Inc. (PANW)?
- The 5Y average EV/EBITDA ratio for PANW stock is 360.02x.
- What is the 10Y average EV/EBITDA ratio for Palo Alto Networks, Inc. (PANW)?
- The 10Y average EV/EBITDA ratio for PANW stock is 352.05x.
- What is the 15Y average EV/EBITDA ratio for Palo Alto Networks, Inc. (PANW)?
- The 15Y average EV/EBITDA ratio for PANW stock is 464.59x.
- What is the 20Y average EV/EBITDA ratio for Palo Alto Networks, Inc. (PANW)?
- The 20Y average EV/EBITDA ratio for PANW stock is 464.59x.
Palo Alto Networks, Inc. EV/EBITDA Ratio History
| DATE | EV/EBITDA RATIO |
|---|---|
| 2026-06-10 | 110.56x |
| 2026-06-09 | 109.42x |
| 2026-06-08 | 111.87x |
| 2026-06-05 | 114.27x |
| 2026-06-04 | 117.30x |
| 2026-06-03 | 117.80x |
| 2026-06-02 | 124.84x |
| 2026-06-01 | 89.53x |
| 2026-05-29 | 83.83x |
| 2026-05-28 | 76.57x |
| 2026-05-27 | 73.75x |
| 2026-05-26 | 76.26x |
| 2026-05-22 | 77.42x |
| 2026-05-21 | 75.10x |
| 2026-05-20 | 73.20x |
| 2026-05-19 | 71.22x |
| 2026-05-18 | 73.47x |
| 2026-05-15 | 72.04x |
| 2026-05-14 | 70.64x |
| 2026-05-13 | 67.48x |
| 2026-05-12 | 63.78x |
| 2026-05-11 | 63.19x |
| 2026-05-08 | 61.44x |
| 2026-05-07 | 58.00x |
| 2026-05-06 | 54.10x |
| 2026-05-05 | 54.19x |
| 2026-05-04 | 54.37x |
| 2026-05-01 | 53.31x |
| 2026-04-30 | 52.78x |
| 2026-04-29 | 53.45x |
| 2026-04-28 | 53.28x |
| 2026-04-27 | 53.86x |
| 2026-04-24 | 52.54x |
| 2026-04-23 | 50.92x |
| 2026-04-22 | 53.35x |
| 2026-04-21 | 51.46x |
| 2026-04-20 | 49.82x |
| 2026-04-17 | 49.30x |
| 2026-04-16 | 49.03x |
| 2026-04-15 | 48.16x |
| 2026-04-14 | 47.40x |
| 2026-04-13 | 47.68x |
| 2026-04-10 | 45.62x |
| 2026-04-09 | 49.04x |
| 2026-04-08 | 51.10x |
| 2026-04-07 | 49.91x |
| 2026-04-06 | 47.51x |
| 2026-04-02 | 47.89x |
| 2026-04-01 | 47.12x |
| 2026-03-31 | 47.01x |
| 2026-03-30 | 45.20x |
| 2026-03-27 | 42.98x |
| 2026-03-26 | 45.81x |
| 2026-03-25 | 44.86x |
| 2026-03-24 | 46.07x |
| 2026-03-23 | 48.15x |
| 2026-03-20 | 47.81x |
| 2026-03-19 | 49.87x |
| 2026-03-18 | 49.62x |
| 2026-03-17 | 49.70x |
| 2026-03-16 | 49.18x |
| 2026-03-13 | 49.05x |
| 2026-03-12 | 49.38x |
| 2026-03-11 | 48.41x |
| 2026-03-10 | 48.61x |
| 2026-03-09 | 48.46x |
| 2026-03-06 | 48.45x |
| 2026-03-05 | 47.88x |
| 2026-03-04 | 46.48x |
| 2026-03-03 | 45.73x |
| 2026-03-02 | 43.93x |
| 2026-02-27 | 43.56x |
| 2026-02-26 | 43.70x |
| 2026-02-25 | 42.32x |
| 2026-02-24 | 41.36x |
| 2026-02-23 | 42.11x |
| 2026-02-20 | 43.49x |
| 2026-02-19 | 44.18x |
| 2026-02-18 | 44.60x |
| 2026-02-17 | 47.98x |
| 2026-02-13 | 58.32x |
| 2026-02-12 | 56.85x |
| 2026-02-11 | 57.73x |
| 2026-02-10 | 57.81x |
| 2026-02-09 | 57.98x |
| 2026-02-06 | 55.60x |
| 2026-02-05 | 53.98x |
| 2026-02-04 | 58.24x |
| 2026-02-03 | 58.07x |
| 2026-02-02 | 61.34x |
| 2026-01-30 | 61.89x |
| 2026-01-29 | 61.62x |
| 2026-01-28 | 64.31x |
| 2026-01-27 | 64.22x |
| 2026-01-26 | 64.48x |
| 2026-01-23 | 63.04x |
| 2026-01-22 | 63.78x |
| 2026-01-21 | 63.50x |
| 2026-01-20 | 64.42x |
| 2026-01-16 | 65.71x |
| 2026-01-15 | 65.73x |
| 2026-01-14 | 66.87x |
| 2026-01-13 | 66.84x |
| 2026-01-12 | 66.14x |
| 2026-01-09 | 66.19x |
| 2026-01-08 | 66.82x |
| 2026-01-07 | 67.93x |
| 2026-01-06 | 65.06x |
| 2026-01-05 | 63.73x |
| 2026-01-02 | 62.75x |
| 2025-12-31 | 64.47x |
| 2025-12-30 | 65.42x |
| 2025-12-29 | 65.42x |
| 2025-12-26 | 65.99x |
| 2025-12-24 | 65.55x |
| 2025-12-23 | 65.87x |
| 2025-12-22 | 66.36x |
| 2025-12-19 | 65.43x |
| 2025-12-18 | 65.07x |
| 2025-12-17 | 64.20x |
| 2025-12-16 | 65.50x |
| 2025-12-15 | 65.07x |
| 2025-12-12 | 67.14x |
| 2025-12-11 | 66.67x |
| 2025-12-10 | 67.59x |
| 2025-12-09 | 68.32x |
| 2025-12-08 | 68.45x |
| 2025-12-05 | 69.69x |
| 2025-12-04 | 68.56x |
| 2025-12-03 | 67.83x |
| 2025-12-02 | 66.50x |
| 2025-12-01 | 65.73x |
| 2025-11-28 | 66.59x |
| 2025-11-26 | 64.88x |
| 2025-11-25 | 65.21x |
| 2025-11-24 | 64.36x |
| 2025-11-21 | 64.01x |
| 2025-11-20 | 64.78x |
| 2025-11-19 | 70.07x |
| 2025-11-18 | 72.47x |
| 2025-11-17 | 73.17x |
| 2025-11-14 | 74.03x |
| 2025-11-13 | 73.85x |
| 2025-11-12 | 75.78x |
| 2025-11-11 | 78.78x |
| 2025-11-10 | 78.15x |
| 2025-11-07 | 76.60x |
| 2025-11-06 | 76.26x |
| 2025-11-05 | 76.92x |
| 2025-11-04 | 77.41x |
| 2025-11-03 | 79.13x |
| 2025-10-31 | 79.50x |
| 2025-10-30 | 78.78x |
| 2025-10-29 | 78.38x |
| 2025-10-28 | 79.92x |
| 2025-10-27 | 79.52x |
| 2025-10-24 | 78.36x |
| 2025-10-23 | 77.59x |
| 2025-10-22 | 76.64x |
| 2025-10-21 | 77.37x |
| 2025-10-20 | 76.43x |
| 2025-10-17 | 74.99x |
| 2025-10-16 | 74.12x |
| 2025-10-15 | 74.55x |
| 2025-10-14 | 74.87x |
| 2025-10-13 | 76.96x |
| 2025-10-10 | 75.23x |
| 2025-10-09 | 77.65x |
| 2025-10-08 | 78.61x |
| 2025-10-07 | 76.14x |
| 2025-10-06 | 76.70x |
| 2025-10-03 | 74.73x |
| 2025-10-02 | 75.50x |
| 2025-10-01 | 74.59x |
| 2025-09-30 | 73.43x |
| 2025-09-29 | 73.55x |
| 2025-09-26 | 72.97x |
| 2025-09-25 | 72.91x |
| 2025-09-24 | 72.36x |
| 2025-09-23 | 73.29x |
| 2025-09-22 | 75.10x |
| 2025-09-19 | 75.10x |
| 2025-09-18 | 74.18x |
| 2025-09-17 | 73.25x |
| 2025-09-16 | 72.60x |
| 2025-09-15 | 72.57x |
| 2025-09-12 | 70.75x |
| 2025-09-11 | 71.50x |
| 2025-09-10 | 71.13x |
| 2025-09-09 | 71.21x |
| 2025-09-08 | 71.15x |
| 2025-09-05 | 70.08x |
| 2025-09-04 | 69.31x |
| 2025-09-03 | 69.01x |
| 2025-09-02 | 68.64x |
| 2025-08-29 | 68.64x |
| 2025-08-28 | 80.60x |
| 2025-08-27 | 79.15x |
| 2025-08-26 | 77.70x |
| 2025-08-25 | 77.84x |
| 2025-08-22 | 78.41x |
| 2025-08-21 | 77.31x |
| 2025-08-20 | 77.79x |
| 2025-08-19 | 76.56x |
| 2025-08-18 | 74.26x |
| 2025-08-15 | 74.66x |
| 2025-08-14 | 73.14x |
| 2025-08-13 | 74.56x |
| 2025-08-12 | 73.93x |
| 2025-08-11 | 70.85x |
| 2025-08-08 | 70.37x |
| 2025-08-07 | 70.82x |
| 2025-08-06 | 72.86x |
| 2025-08-05 | 71.24x |
| 2025-08-04 | 72.06x |
| 2025-08-01 | 72.86x |
| 2025-07-31 | 73.17x |
| 2025-07-30 | 77.19x |
| 2025-07-29 | 81.81x |
| 2025-07-28 | 86.36x |
| 2025-07-25 | 85.83x |
| 2025-07-24 | 84.93x |
| 2025-07-23 | 84.10x |
| 2025-07-22 | 83.04x |
| 2025-07-21 | 84.39x |
| 2025-07-18 | 82.63x |
| 2025-07-17 | 82.85x |
| 2025-07-16 | 81.27x |
| 2025-07-15 | 81.13x |
| 2025-07-14 | 80.47x |
| 2025-07-11 | 79.05x |
| 2025-07-10 | 81.05x |
| 2025-07-09 | 87.02x |
| 2025-07-08 | 86.14x |
| 2025-07-07 | 85.04x |
| 2025-07-03 | 85.21x |
| 2025-07-02 | 83.14x |
| 2025-07-01 | 83.40x |
| 2025-06-30 | 86.42x |
| 2025-06-27 | 84.68x |
| 2025-06-26 | 85.44x |
| 2025-06-25 | 86.27x |
| 2025-06-24 | 85.16x |
| 2025-06-23 | 85.85x |
| 2025-06-20 | 84.11x |
| 2025-06-18 | 84.34x |
| 2025-06-17 | 85.31x |
| 2025-06-16 | 83.63x |
| 2025-06-13 | 82.84x |
| 2025-06-12 | 83.44x |
| 2025-06-11 | 82.04x |
| 2025-06-10 | 82.71x |
| 2025-06-09 | 82.87x |
| 2025-06-06 | 84.27x |
| 2025-06-05 | 83.20x |
| 2025-06-04 | 81.90x |
| 2025-06-03 | 83.21x |
| 2025-06-02 | 82.24x |
| 2025-05-30 | 81.20x |
| 2025-05-29 | 78.38x |
Showing the most recent 260 of 1,921 data points. The chart above shows the full history.
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