Palo Alto Networks (PANW) Price to FCF (2012 - 2026)
Palo Alto Networks' (PANW) quarterly Price to FCF came in at 65.75 in Q3 2026, up 96.69% year-over-year from 33.43 in Q3 2025, and up 71.07% on a QoQ basis from 38.44 in Q2 2026.
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Analysis
Palo Alto Networks (PANW) Price to FCF (2012 - 2026) Analysis & Trends
Palo Alto Networks (PANW) has 15 years of Price to FCF data on file, last reported at 65.75 in Q3 2026.
- On a quarterly basis, Price to FCF rose 96.69% year-over-year to 65.75 in Q3 2026; TTM through Jul 2026 was 65.75, a 96.69% increase from a year earlier, with the FY2026 full-year figure at 65.75, up 96.69% from the prior year.
- Price to FCF for Q3 2026 stood at 65.75, up from 38.44 in the prior quarter.
- Across five years, Price to FCF topped out at 65.75 in Q3 2026 and bottomed at 17.84 in Q1 2023.
- Historically, Price to FCF has averaged 34.17 across 5 years, with a median of 34.04 in 2024.
- The widest annual swing landed in 2023, when Price to FCF plunged 47.3%; it then jumped 109.58% in 2024.
- Year by year, Price to FCF stood at 21.3 in 2022, then advanced by 22.41% to 26.08 in 2023, then surged by 47.11% to 38.36 in 2024, then increased by 7.66% to 41.3 in 2025, then surged by 59.2% to 65.75 in 2026.
- Per Business Quant data, the three most recent Price to FCF figures were 65.75 in Q3 2026, 38.44 in Q2 2026, and 34.9 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 | 65.75 |
| Apr 30, 2026 | 38.44 |
| Jan 31, 2026 | 34.90 |
| Oct 31, 2025 | 41.30 |
| Jul 31, 2025 | 33.43 |
| Apr 30, 2025 | 41.49 |
| Jan 31, 2025 | 41.54 |
| Oct 31, 2024 | 38.36 |
| Jul 31, 2024 | 34.04 |
| Apr 30, 2024 | 31.23 |
| Jan 31, 2024 | 37.39 |
| Oct 31, 2023 | 26.08 |
| Jul 31, 2023 | 29.29 |
| Apr 30, 2023 | 20.36 |
| Jan 31, 2023 | 17.84 |
| Oct 31, 2022 | 21.30 |
| Jul 31, 2022 | 27.74 |
| Apr 30, 2022 | 34.81 |
| Jan 31, 2022 | 33.85 |
| Oct 31, 2021 | 34.99 |
API Access
Palo Alto Networks Price to FCF 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=price-to-fcf&ticker=PANW&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "price-to-fcf", "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=price-to-fcf&ticker=PANW&period=max&api_key=YOUR_API_KEY");
const data = await res.json();