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
DateValue
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%