Palo Alto Networks (PANW) Asset Utilization Ratio (2012 - 2026)
Palo Alto Networks' (PANW) Asset Utilization Ratio stood at 0.24 in fiscal Q4 2026 (quarter ended Jul 31, 2026), down 40.1% from 0.40 a year earlier and down 18.6% from the prior quarter.
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Analysis
Palo Alto Networks (PANW) Asset Utilization Ratio (2012 - 2026) Analysis & Trends
For FY2026 (ended Jul 31, 2026), Palo Alto Networks' Asset Utilization Ratio came in at 0.32, down 24.7% from FY2025.
- Annual Asset Utilization Ratio has declined for three straight fiscal years.
- Across earlier fiscal years, Asset Utilization Ratio came in at 0.42 in FY2025 (-9.1%), 0.47 in FY2024 (-9.7%), 0.52 in FY2023 (+5.3%) and 0.49 in FY2022 (+10.9%).
- The fiscal Q4 2026 figure is the lowest quarterly Asset Utilization Ratio in data going back to fiscal Q1 2013.
- On a year-over-year basis, Asset Utilization Ratio has declined for 11 consecutive quarters, with an average decline of 13.1% over the last eight quarters.
- Peak year-over-year performance for Asset Utilization Ratio in the last five years was growth of 14.9% in fiscal Q3 2022, against a decline of 40.1% in fiscal Q4 2026 at the low end.
- Per Business Quant, the preceding three fiscal quarters came in at 0.30 (Q3 2026), 0.41 (Q2 2026) and 0.41 (Q1 2026).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Asset Util. (Qtr) |
|---|---|---|---|---|---|
| 1 | Palo Alto Networks | 264.72 Bn | 249.79 Bn | 2.30 Bn | 0.24 |
| 2 | CrowdStrike Holdings | 238.73 Bn | 219.14 Bn | 1.10 Bn | 0.46 |
| 3 | Fortinet | 127.27 Bn | 113.20 Bn | 1.64 Bn | 0.73 |
| 4 | Snowflake | 110.23 Bn | 97.55 Bn | 1.04 Bn | 0.63 |
| 5 | Datadog | 89.17 Bn | 70.81 Bn | 881.34 Mn | 0.55 |
| 6 | Zscaler | 33.92 Bn | 20.04 Bn | - | - |
| 7 | Okta | 33.82 Bn | 23.92 Bn | 641.00 Mn | 0.33 |
| 8 | Axon Enterprise | 33.04 Bn | 27.56 Bn | 546.45 Mn | 0.44 |
| 9 | MongoDB | 27.87 Bn | 18.34 Bn | 569.77 Mn | 0.75 |
| 10 | F5 | 25.05 Bn | 19.46 Bn | 711.51 Mn | 0.50 |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jul 31, 2026 | 0.24 |
| Apr 30, 2026 | 0.30 |
| Jan 31, 2026 | 0.41 |
| Oct 31, 2025 | 0.41 |
| Jul 31, 2025 | 0.40 |
| Apr 30, 2025 | 0.41 |
| Jan 31, 2025 | 0.41 |
| Oct 31, 2024 | 0.41 |
| Jul 31, 2024 | 0.42 |
| Apr 30, 2024 | 0.43 |
| Jan 31, 2024 | 0.45 |
| Oct 31, 2023 | 0.49 |
| Jul 31, 2023 | 0.48 |
| Apr 30, 2023 | 0.47 |
| Jan 31, 2023 | 0.48 |
| Oct 31, 2022 | 0.47 |
| Jul 31, 2022 | 0.47 |
| Apr 30, 2022 | 0.48 |
| Jan 31, 2022 | 0.47 |
| Oct 31, 2021 | 0.44 |
API Access
Palo Alto Networks Asset Utilization Ratio API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=asset-utilization-ratio&ticker=PANW&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "asset-utilization-ratio", "ticker": "PANW", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=asset-utilization-ratio&ticker=PANW&period=max&api_key=YOUR_API_KEY");
const data = await res.json();