Palo Alto Networks (PANW) Return on Capital Employed (2012 - 2026)
Palo Alto Networks (PANW) posted quarterly Return on Capital Employed of 8.75% for Q1 2026, up 157.0% year-over-year from 3.41% in Q1 2025, and up 11.56% quarter-over-quarter from 7.84% in Q4 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 for Q1 2026 stood at 8.75%, up from 7.84% in the prior quarter.
- The five-year high for Return on Capital Employed was 8.75% in Q1 2026, with the low at 10.89% in Q1 2022.
- The 5-year median for Return on Capital Employed is 6.06% (2024), against an average of 3.22%.
- The sharpest annual moves came in 2022 and 2023: Return on Capital Employed plunged 650 bps in 2022, then surged 1158 bps in 2023.
- Palo Alto Networks' Return on Capital Employed stood at 2.16% in 2022, then surged by 480 bps to 8.22% in 2023, then dropped by 28 bps to 5.91% in 2024, then soared by 33 bps to 7.84% in 2025, then gained by 12 bps to 8.75% in 2026.
- Business Quant data shows PANW's Return on Capital Employed at 8.75% in Q1 2026, 7.84% in Q4 2025, and 8.4% in Q3 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | ROCE (Qtr) |
|---|---|---|---|---|---|
| 1 | Microsoft | 3,679.34 Bn | 3,546.58 Bn | 60.48 Bn | 27.85% |
| 2 | Oracle | 433.50 Bn | 402.15 Bn | - | 9.73% |
| 3 | Palantir Technologies | 418.20 Bn | 408.90 Bn | 1.64 Bn | 28.02% |
| 4 | Palo Alto Networks | 312.41 Bn | 309.30 Bn | 2.03 Bn | 3.83% |
| 5 | Fortinet | 117.38 Bn | 113.31 Bn | 1.64 Bn | 44.16% |
| 6 | Cloudflare | 101.74 Bn | 97.57 Bn | 499.52 Mn | -9.60% |
| 7 | Synopsys | 80.70 Bn | 78.49 Bn | 1.77 Bn | 1.98% |
| 8 | CoreWeave | 58.00 Bn | 52.46 Bn | 1.70 Bn | -0.51% |
| 9 | Block | 49.79 Bn | 43.33 Bn | 3.17 Bn | 4.02% |
| 10 | NetApp | 40.59 Bn | 37.00 Bn | 1.37 Bn | 26.42% |
Historic Data
Download Data| Date | Value |
|---|---|
| Apr 30, 2026 | 3.83% |
| 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% |