Palo Alto Networks (PANW) Debt to Equity (2015 - 2025)

Palo Alto Networks (PANW) recorded quarterly Debt to Equity of $0.05 in Q2 2025, down 36.71% quarter-over-quarter from $0.08 in Q1 2025, and down 79.63% on a YoY basis from $0.26 in Q2 2024.

Palo Alto Networks (PANW) Debt to Equity (2015 - 2025) Analysis & Trends

Palo Alto Networks' Debt to Equity history runs 10 years deep, the most recent figure standing at $0.05 for Q2 2025.

  • In Q2 2025, Debt to Equity fell 79.63% year-over-year to $0.05; the TTM figure through Apr 2025 stood at $0.05 (down 79.63% YoY), while the FY2024 annual figure was $0.19, down 83.63% from the prior year.
  • Debt to Equity was $0.05 for Q2 2025 at Palo Alto Networks, down from $0.08 in the prior quarter.
  • In the past five years, Debt to Equity ranged from a high of $31.19 in Q1 2022 to a low of $0.05 in Q2 2025.
  • Historically, Debt to Equity has averaged $5.24 across 5 years, with a median of $1.47 in 2021.
  • The sharpest annual moves came in 2022 and 2023: Debt to Equity soared 2020.54% in 2022, then tumbled 93.49% in 2023.
  • A 5-year view of Debt to Equity shows it stood at $7.08 in 2021, then gained by 2.33% to $7.24 in 2022, then plunged by 87.61% to $0.9 in 2023, then tumbled by 87.82% to $0.11 in 2024, then slumped by 51.48% to $0.05 in 2025.
  • The last three Debt to Equity figures came in at $0.05 (Q2 2025), $0.08 (Q1 2025), and $0.11 (Q4 2024), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Debt/Equity (Qtr)
1 Microsoft 3,064.95 Bn 2,986.68 Bn 56.06 Bn 0.10
2 Alarum Technologies 1,117.04 Bn 1,102.89 Bn 7.23 Mn -
3 Oracle 608.54 Bn 569.96 Bn 15.14 Bn 3.24
4 Palantir Technologies 326.97 Bn 319.05 Bn 1.42 Bn -
5 Palo Alto Networks 185.10 Bn 180.56 Bn 1.91 Bn -
6 CrowdStrike Holdings 165.31 Bn 162.25 Bn 993.68 Mn 0.17
7 Fortinet 105.66 Bn 102.37 Bn 1.49 Bn 0.50
8 Synopsys 89.71 Bn 89.60 Bn 1.77 Bn 0.33
9 Cloudflare 87.54 Bn 86.60 Bn 455.60 Mn 0.85
10 CoreWeave 53.90 Bn 51.63 Bn 2.01 Bn 5.22

Historic Data

Download Data
DateValue
Apr 30, 2025 0.05
Jan 31, 2025 0.08
Oct 31, 2024 0.11
Jul 31, 2024 0.19
Apr 30, 2024 0.26
Jan 31, 2024 0.42
Oct 31, 2023 0.90
Jul 31, 2023 1.14
Apr 30, 2023 2.99
Jan 31, 2023 5.05
Oct 31, 2022 7.24
Jul 31, 2022 17.51
Apr 30, 2022 10.89
Jan 31, 2022 31.19
Oct 31, 2021 7.08
Jul 31, 2021 2.46
Jan 31, 2021 1.47
Apr 30, 2019 0.11
Jan 31, 2019 0.15
Oct 31, 2018 0.19