Palo Alto Networks (PANW) EV to CFO (2012 - 2026)
Palo Alto Networks' EV to CFO was 58.72 in fiscal Q4 2026 (quarter ended Jul 31, 2026), up 93.0% from 30.43 a year earlier and up 73.6% from the prior quarter.
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Analysis
Palo Alto Networks (PANW) EV to CFO (2012 - 2026) Analysis & Trends
From fiscal Q4 2012 onward, Palo Alto Networks has reported EV to CFO for 57 quarters.
- In earlier fiscal years, EV to CFO was 30.43 in FY2025 (-3.8%), 31.61 in FY2024 (+17.6%), 26.88 in FY2023 (+15.8%) and 23.21 in FY2022 (-2.9%).
- The fiscal Q4 2026 figure marks the highest quarterly EV to CFO since fiscal Q2 2015.
- Compared with a year earlier, EV to CFO was higher in five of the last eight quarters, with growth averaging 19.3%.
- The best year-over-year quarter for EV to CFO over five years was fiscal Q1 2022 (growth of 126.6%); the worst was fiscal Q2 2023 (a decline of 44.8%).
- Per Business Quant data, PANW's EV to CFO in the three fiscal quarters before Q4 2026 was 33.83 (Q3 2026), 30.16 (Q2 2026) and 37.26 (Q1 2026).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Palo Alto Networks | 264.72 Bn | 249.79 Bn | 2.30 Bn |
| 2 | CrowdStrike Holdings | 238.73 Bn | 219.14 Bn | 1.10 Bn |
| 3 | Fortinet | 127.27 Bn | 113.20 Bn | 1.64 Bn |
| 4 | Snowflake | 110.23 Bn | 97.55 Bn | 1.04 Bn |
| 5 | Datadog | 89.17 Bn | 70.81 Bn | 881.34 Mn |
| 6 | Zscaler | 33.92 Bn | 20.04 Bn | - |
| 7 | Okta | 33.82 Bn | 23.92 Bn | 641.00 Mn |
| 8 | Axon Enterprise | 33.04 Bn | 27.56 Bn | 546.45 Mn |
| 9 | MongoDB | 27.87 Bn | 18.34 Bn | 569.77 Mn |
| 10 | F5 | 25.05 Bn | 19.46 Bn | 711.51 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jul 31, 2026 | 58.72 |
| Apr 30, 2026 | 33.83 |
| Jan 31, 2026 | 30.16 |
| Oct 31, 2025 | 37.26 |
| Jul 31, 2025 | 30.43 |
| Apr 30, 2025 | 37.77 |
| Jan 31, 2025 | 38.13 |
| Oct 31, 2024 | 35.37 |
| Jul 31, 2024 | 31.61 |
| Apr 30, 2024 | 28.87 |
| Jan 31, 2024 | 34.57 |
| Oct 31, 2023 | 23.59 |
| Jul 31, 2023 | 26.88 |
| Apr 30, 2023 | 17.94 |
| Jan 31, 2023 | 15.69 |
| Oct 31, 2022 | 18.26 |
| Jul 31, 2022 | 23.21 |
| Apr 30, 2022 | 29.12 |
| Jan 31, 2022 | 28.43 |
| Oct 31, 2021 | 30.05 |
API Access
Palo Alto Networks EV to CFO 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=ev-to-cfo&ticker=PANW&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "ev-to-cfo", "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=ev-to-cfo&ticker=PANW&period=max&api_key=YOUR_API_KEY");
const data = await res.json();