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Palo Alto Networks, Inc. (PANW) Return on Invested Capital (ROIC): 5.67%

Is Palo Alto Networks, Inc.’s return on invested capital (ROIC) high or low?

Palo Alto Networks, Inc.'s return on invested capital (ROIC) of 5.67% is 671% above its 5-year average of 0.73%, near the high end of its 5-year range (-4.55%–5.67%).

The return on invested capital (ROIC) for Palo Alto Networks, Inc. (PANW) is 5.67% as of Wednesday, June 10, 2026. It is above its 12-month average by 4.81% (5.41%).

PANW Return on Invested Capital (ROIC) Chart

PANW Return on Invested Capital (ROIC)
5.67%+10.10% 1Y
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PANW Average Return on Invested Capital (ROIC) Chart

PANW Current vs Average Return on Invested Capital (ROIC) Chart

PANW Return on Invested Capital (ROIC) Metrics

RETURN ON INVESTED CAPITAL (ROIC)

5.67%

RETURN ON INVESTED CAPITAL (ROIC) AVG TTM

5.41%

RETURN ON INVESTED CAPITAL (ROIC) AVG 3Y

2.94%

RETURN ON INVESTED CAPITAL (ROIC) AVG 5Y

0.73%

RETURN ON INVESTED CAPITAL (ROIC) AVG 10Y

-2.29%

RETURN ON INVESTED CAPITAL (ROIC) AVG 15Y

-19.40%

RETURN ON INVESTED CAPITAL (ROIC) AVG 20Y

-18.26%

CURRENT VS TTM AVG

+4.81%

CURRENT VS 3Y AVG

+92.69%

CURRENT VS 5Y AVG

+671.43%

CURRENT VS 10Y AVG

+347.79%

CURRENT VS 15Y AVG

+129.23%

CURRENT VS 20Y AVG

+131.06%

PANW Competitors' Return on Invested Capital (ROIC)

NAMEMARKET CAPRETURN ON INVESTED CAPITAL (ROIC)TTM3Y5Y
Palo Alto Networks, Inc. (PANW)5.67%5.41%2.94%0.73%
Seagate Technology Holdings plc (STX)$182.47B34.14%20.39%16.53%18.43%
Amphenol Corporation (APH)$184.89B15.12%15.01%15.20%14.59%
Western Digital Corporation (WDC)$167.87B21.53%9.75%6.22%5.25%
CrowdStrike Holdings, Inc. (CRWD)$164.18B-4.24%-1.77%-2.52%-3.57%
Analog Devices, Inc. (ADI)$191.81B5.42%4.73%5.66%5.29%
QUALCOMM Incorporated (QCOM)$202.82B13.15%17.25%21.91%22.63%
Shopify Inc. (SHOP)$143.29B8.67%8.11%-0.35%0.30%
Uber Technologies, Inc. (UBER)$143.27B11.21%9.00%3.46%-1.70%
Salesforce, Inc. (CRM)$141.00B8.76%8.36%5.69%4.06%

Capital Efficiency

ROIC

5.7%

ROE

14.5%

Palo Alto Networks, Inc. Return on Invested Capital (ROIC) Formula & Definition

ROIC = NOPAT / Invested Capital

Return on invested capital measures the after-tax return a company earns on all capital (debt and equity) invested in the business.

Expanded definitions: Investopedia, Wikipedia, Corporate Finance Institute

Palo Alto Networks, Inc. Return on Invested Capital (ROIC) FAQ

What is the return on invested capital (ROIC) for Palo Alto Networks, Inc. (PANW)?
The return on invested capital (ROIC) for PANW stock is 5.67%.
Is Palo Alto Networks, Inc.'s return on invested capital (ROIC) high or low?
Palo Alto Networks, Inc.'s return on invested capital (ROIC) of 5.67% is 671% above its 5-year average of 0.73%, near the high end of its 5-year range (-4.55%–5.67%).
What is the TTM average return on invested capital (ROIC) for Palo Alto Networks, Inc. (PANW)?
The TTM average return on invested capital (ROIC) for PANW stock is 5.41%.
What is the 3Y average return on invested capital (ROIC) for Palo Alto Networks, Inc. (PANW)?
The 3Y average return on invested capital (ROIC) for PANW stock is 2.94%.
What is the 5Y average return on invested capital (ROIC) for Palo Alto Networks, Inc. (PANW)?
The 5Y average return on invested capital (ROIC) for PANW stock is 0.73%.
What is the 10Y average return on invested capital (ROIC) for Palo Alto Networks, Inc. (PANW)?
The 10Y average return on invested capital (ROIC) for PANW stock is -2.29%.
What is the 15Y average return on invested capital (ROIC) for Palo Alto Networks, Inc. (PANW)?
The 15Y average return on invested capital (ROIC) for PANW stock is -19.40%.
What is the 20Y average return on invested capital (ROIC) for Palo Alto Networks, Inc. (PANW)?
The 20Y average return on invested capital (ROIC) for PANW stock is -18.26%.

Palo Alto Networks, Inc. Return on Invested Capital (ROIC) History

DATERETURN ON INVESTED CAPITAL (ROIC)
2025-07-315.67%
2024-07-315.15%
2023-07-313.43%
2022-07-31-2.48%
2021-07-31-4.55%
2020-07-31-2.81%
2019-07-31-1.19%
2018-07-31-2.46%
2017-07-31-7.41%
2016-07-31-7.82%
2015-07-31-10.70%
2014-07-31-19.05%
2013-07-31-4.91%
2012-07-310.36%
2011-07-31-43.22%
2010-07-31-218.38%
2009-07-310.00%

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
15,758 employees
Technology / Software - Infrastructure
Sector
Technology
Industry
Software - Infrastructure
CEO
Nikesh Arora