Palo Alto Networks (PANW) EV to CFO (2012 - 2026)
Palo Alto Networks' (PANW) quarterly EV to CFO came in at 58.72 in Q3 2026, up 93.01% year-over-year from 30.43 in Q3 2025, and up 73.57% on a QoQ basis from 33.83 in Q2 2026.
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Analysis
Palo Alto Networks (PANW) EV to CFO (2012 - 2026) Analysis & Trends
Palo Alto Networks (PANW) has 15 years of EV to CFO data on file, last reported at 58.72 in Q3 2026.
- On a quarterly basis, EV to CFO rose 93.01% year-over-year to 58.72 in Q3 2026; TTM through Jul 2026 was 58.72, a 93.01% increase from a year earlier, with the FY2026 full-year figure at 58.72, up 93.01% from the prior year.
- EV to CFO for Q3 2026 stood at 58.72, up from 33.83 in the prior quarter.
- Across five years, EV to CFO topped out at 58.72 in Q3 2026 and bottomed at 15.69 in Q1 2023.
- Historically, EV to CFO has averaged 30.52 across 5 years, with a median of 30.16 in 2026.
- The widest annual swing landed in 2023, when EV to CFO sank 44.82%; it then soared 120.37% in 2024.
- Year by year, EV to CFO stood at 18.26 in 2022, then grew by 29.19% to 23.59 in 2023, then soared by 49.97% to 35.37 in 2024, then grew by 5.34% to 37.26 in 2025, then jumped by 57.59% to 58.72 in 2026.
- Per Business Quant data, the three most recent EV to CFO figures were 58.72 in Q3 2026, 33.83 in Q2 2026, and 30.16 in Q1 2026.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Palo Alto Networks | 320.54 Bn | 317.47 Bn | 2.30 Bn |
| 2 | CrowdStrike Holdings | 268.77 Bn | 263.80 Bn | 1.10 Bn |
| 3 | Fortinet | 131.12 Bn | 127.05 Bn | 1.64 Bn |
| 4 | Snowflake | 118.02 Bn | 115.67 Bn | 1.04 Bn |
| 5 | Datadog | 90.27 Bn | 85.29 Bn | 881.34 Mn |
| 6 | Axon Enterprise | 36.61 Bn | 35.93 Bn | 546.45 Mn |
| 7 | Zscaler | 34.97 Bn | 31.49 Bn | - |
| 8 | MongoDB | 34.51 Bn | 32.10 Bn | 569.77 Mn |
| 9 | Okta | 34.32 Bn | 32.02 Bn | 641.00 Mn |
| 10 | Baidu | 30.55 Bn | 8.15 Bn | 1.76 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();