Palo Alto Networks (PANW) Return on Capital Employed (2012 - 2026)
Palo Alto Networks (PANW) recorded quarterly Return on Capital Employed of 8.75% in Q1 2026, up 11.56% quarter-over-quarter from 7.84% in Q4 2025, and up 157.0% on a YoY basis from 3.41% in Q1 2025.
Palo Alto Networks (PANW) Return on Capital Employed (2012 - 2026) Analysis & Trends
Palo Alto Networks' Return on Capital Employed history runs 15 years deep, the most recent figure standing at 8.75% for Q1 2026.
- In Q1 2026, Return on Capital Employed rose 157.0% year-over-year to 8.75%; the TTM figure through Jan 2026 stood at 8.75% (up 157.0% YoY), while the FY2025 annual figure was 9.01%, up 186.0% from the prior year.
- Return on Capital Employed was 8.75% for Q1 2026 at Palo Alto Networks, up from 7.84% in the prior quarter.
- In the past five years, Return on Capital Employed ranged from a high of 8.75% in Q1 2026 to a low of 10.89% in Q1 2022.
- Historically, Return on Capital Employed has averaged 3.22% across 5 years, with a median of 6.06% in 2024.
- The sharpest annual moves came in 2022 and 2023: Return on Capital Employed sank 650 bps in 2022, then soared 1158 bps in 2023.
- A 5-year view of Return on Capital Employed shows it stood at 2.16% in 2022, then soared by 480 bps to 8.22% in 2023, then declined by 28 bps to 5.91% in 2024, then jumped by 33 bps to 7.84% in 2025, then advanced by 12 bps to 8.75% in 2026.
- The last three Return on Capital Employed figures came in at 8.75% (Q1 2026), 7.84% (Q4 2025), and 8.4% (Q3 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | ROCE (Qtr) |
|---|---|---|---|---|---|
| 1 | Microsoft | 2,998.30 Bn | 2,920.03 Bn | 56.06 Bn | 27.43% |
| 2 | Alarum Technologies | 1,040.72 Bn | 1,026.57 Bn | 7.23 Mn | 0.01% |
| 3 | Oracle | 590.32 Bn | 551.74 Bn | 15.14 Bn | 10.62% |
| 4 | Palantir Technologies | 316.31 Bn | 308.39 Bn | 1.42 Bn | 24.39% |
| 5 | Palo Alto Networks | 181.17 Bn | 176.63 Bn | 1.91 Bn | 8.75% |
| 6 | CrowdStrike Holdings | 161.69 Bn | 158.63 Bn | 993.68 Mn | -4.62% |
| 7 | Fortinet | 102.35 Bn | 99.06 Bn | 1.49 Bn | 40.10% |
| 8 | Synopsys | 88.25 Bn | 88.13 Bn | 1.77 Bn | 1.98% |
| 9 | Cloudflare | 83.26 Bn | 82.32 Bn | 455.60 Mn | -5.85% |
| 10 | CoreWeave | 51.85 Bn | 49.58 Bn | 2.01 Bn | -0.47% |
Historic Data
Download Data| Date | Value |
|---|---|
| Jan 31, 2026 | 8.75% |
| Oct 31, 2025 | 7.84% |
| Jul 31, 2025 | 8.40% |
| Apr 30, 2025 | 7.15% |
| Jan 31, 2025 | 7.19% |
| Oct 31, 2024 | 5.91% |
| Jul 31, 2024 | 6.06% |
| Apr 30, 2024 | 6.34% |
| Jan 31, 2024 | 6.84% |
| Oct 31, 2023 | 8.22% |
| Jul 31, 2023 | 5.87% |
| Apr 30, 2023 | 2.97% |
| Jan 31, 2023 | 0.52% |
| Oct 31, 2022 | -2.16% |
| Jul 31, 2022 | -5.60% |
| Apr 30, 2022 | -8.61% |
| Jan 31, 2022 | -10.89% |
| Oct 31, 2021 | -10.73% |
| Jul 31, 2021 | -6.36% |
| Apr 30, 2021 | -4.01% |