Palo Alto Networks (PANW) Debt Ratio (2015 - 2025)

Palo Alto Networks' Debt Ratio history runs 10 years deep, the most recent figure standing at 0.02 for Q2 2025.

• On a quarterly basis, Debt Ratio fell 73.14% year-over-year to 0.02 in Q2 2025; TTM through Apr 2025 was 0.02, a 73.14% decrease from a year earlier, with the FY2024 full-year figure at 0.05, down 64.89% from the prior year.
• Debt Ratio declined to 0.02 in Q2 2025 per PANW's latest filing, from 0.03 in the prior quarter.
• Across five years, Debt Ratio topped out at 0.35 in Q1 2022 and bottomed at 0.02 in Q2 2025.
• The 5-year median for Debt Ratio is 0.15 (2021), against an average of 0.18.
• Across the five-year window, Debt Ratio soared 119.7% in 2022 and plunged 75.89% in 2024, its largest moves.
• Year by year, Debt Ratio stood at 0.35 in 2021, then retreated by 16.73% to 0.29 in 2022, then sank by 55.17% to 0.13 in 2023, then tumbled by 75.89% to 0.03 in 2024, then slumped by 45.05% to 0.02 in 2025.
• Per Business Quant, the three latest PANW Debt Ratio figures stand at 0.02 (Q2 2025), 0.03 (Q1 2025), and 0.03 (Q4 2024).