Palo Alto Networks (PANW) Return on Assets [ROA] (2012 - 2026)
Palo Alto Networks (PANW) reported Return on Assets [ROA] of 0.65% for fiscal Q4 2026 (quarter ended Jul 31, 2026), down 4.33 percentage points from 4.98% a year earlier and down 1.72 percentage points from the prior quarter.
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Analysis
Palo Alto Networks (PANW) Return on Assets [ROA] (2012 - 2026) Analysis & Trends
For FY2026 (ended Jul 31, 2026), Palo Alto Networks posted Return on Assets [ROA] of 0.85%, down 4.35 percentage points from FY2025.
- Return on Assets [ROA] has a five-year change of +6.02 percentage points (FY2021 to FY2026).
- By fiscal year, Return on Assets [ROA] came in at 5.21% in FY2025 (-9.74 pp), 14.95% in FY2024 (+11.66 pp), 3.29% in FY2023 (+5.66 pp) and -2.37% in FY2022 (+2.79 pp).
- The fiscal Q4 2026 figure ranks as the lowest quarterly Return on Assets [ROA] since fiscal Q2 2023.
- Year over year, Return on Assets [ROA] has now declined in each of the last seven quarters, with an average year-over-year change of -4.00 percentage points over the last eight quarters.
- The high point for year-over-year Return on Assets [ROA] in five years was fiscal Q2 2024 (a gain of 13.49 percentage points); the low point was fiscal Q1 2026 (a drop of 8.81 percentage points).
- Per Business Quant data, the three fiscal quarters before Q4 2026 came in at 2.37% (Q3 2026), 5.28% (Q2 2026) and 4.74% (Q1 2026).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | ROA (Qtr) |
|---|---|---|---|---|---|
| 1 | Palo Alto Networks | 256.64 Bn | 241.72 Bn | 2.30 Bn | 0.65% |
| 2 | CrowdStrike Holdings | 232.35 Bn | 212.75 Bn | 1.10 Bn | 0.68% |
| 3 | Fortinet | 123.26 Bn | 109.19 Bn | 1.64 Bn | 20.44% |
| 4 | Snowflake | 108.15 Bn | 95.47 Bn | 1.04 Bn | -12.62% |
| 5 | Datadog | 88.38 Bn | 70.02 Bn | 881.34 Mn | 2.45% |
| 6 | Zscaler | 32.92 Bn | 19.04 Bn | - | - |
| 7 | Okta | 32.82 Bn | 22.92 Bn | 641.00 Mn | 3.20% |
| 8 | Axon Enterprise | 32.21 Bn | 26.73 Bn | 546.45 Mn | 2.74% |
| 9 | MongoDB | 27.08 Bn | 17.55 Bn | 569.77 Mn | 1.57% |
| 10 | F5 | 25.16 Bn | 19.57 Bn | 711.51 Mn | 10.90% |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jul 31, 2026 | 0.65% |
| Apr 30, 2026 | 2.37% |
| Jan 31, 2026 | 5.28% |
| Oct 31, 2025 | 4.74% |
| Jul 31, 2025 | 4.98% |
| Apr 30, 2025 | 5.76% |
| Jan 31, 2025 | 6.07% |
| Oct 31, 2024 | 13.55% |
| Jul 31, 2024 | 13.60% |
| Apr 30, 2024 | 13.51% |
| Jan 31, 2024 | 13.76% |
| Oct 31, 2023 | 4.19% |
| Jul 31, 2023 | 3.07% |
| Apr 30, 2023 | 1.58% |
| Jan 31, 2023 | 0.27% |
| Oct 31, 2022 | -1.16% |
| Jul 31, 2022 | -2.29% |
| Apr 30, 2022 | -3.62% |
| Jan 31, 2022 | -4.43% |
| Oct 31, 2021 | -4.94% |
API Access
Palo Alto Networks Return on Assets [ROA] 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=return-on-assets-%5Broa%5D&ticker=PANW&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "return-on-assets-[roa]", "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=return-on-assets-%5Broa%5D&ticker=PANW&period=max&api_key=YOUR_API_KEY");
const data = await res.json();