Palo Alto Networks (PANW) Return on Equity [ROE] (2012 - 2026)
Palo Alto Networks' Return on Equity [ROE] was 1.11% in fiscal Q4 2026 (quarter ended Jul 31, 2026), down 13.95 percentage points from 15.07% a year earlier and down 3.44 percentage points from the prior quarter.
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Analysis
Palo Alto Networks (PANW) Return on Equity [ROE] (2012 - 2026) Analysis & Trends
For FY2026 (ended Jul 31, 2026), Return on Equity [ROE] at Palo Alto Networks came in at 1.74%, down 15.72 percentage points from FY2025.
- Return on Equity [ROE] shows a five-year change of +59.21 percentage points (FY2021 to FY2026).
- In earlier fiscal years, Return on Equity [ROE] was 17.46% in FY2025 (-57.09 pp), 74.54% in FY2024 (+29.63 pp), 44.91% in FY2023 (+108.15 pp) and -63.23% in FY2022 (-5.77 pp).
- The fiscal Q4 2026 figure marks the lowest quarterly Return on Equity [ROE] since fiscal Q1 2023.
- Compared with a year earlier, Return on Equity [ROE] has declined for seven straight quarters, with an average year-over-year change of -22.08 percentage points over the last eight quarters.
- The best year-over-year quarter for Return on Equity [ROE] over five years was fiscal Q3 2023 (a gain of 193.06 percentage points); the worst was fiscal Q3 2022 (a drop of 128.00 percentage points).
- Per Business Quant data, PANW's Return on Equity [ROE] in the three fiscal quarters before Q4 2026 was 4.55% (Q3 2026), 14.20% (Q2 2026) and 13.55% (Q1 2026).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | ROE (Qtr) |
|---|---|---|---|---|---|
| 1 | Palo Alto Networks | 256.64 Bn | 241.72 Bn | 2.30 Bn | 1.11% |
| 2 | CrowdStrike Holdings | 232.35 Bn | 212.75 Bn | 1.10 Bn | 1.60% |
| 3 | Fortinet | 123.26 Bn | 109.19 Bn | 1.64 Bn | 166.87% |
| 4 | Snowflake | 108.15 Bn | 95.47 Bn | 1.04 Bn | -53.23% |
| 5 | Datadog | 88.38 Bn | 70.02 Bn | 881.34 Mn | 4.25% |
| 6 | Zscaler | 32.92 Bn | 19.04 Bn | - | - |
| 7 | Okta | 32.82 Bn | 22.92 Bn | 641.00 Mn | 4.27% |
| 8 | Axon Enterprise | 32.21 Bn | 26.73 Bn | 546.45 Mn | 5.53% |
| 9 | MongoDB | 27.08 Bn | 17.55 Bn | 569.77 Mn | 1.99% |
| 10 | F5 | 25.16 Bn | 19.57 Bn | 711.51 Mn | 19.36% |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jul 31, 2026 | 1.11% |
| Apr 30, 2026 | 4.55% |
| Jan 31, 2026 | 14.20% |
| Oct 31, 2025 | 13.55% |
| Jul 31, 2025 | 15.07% |
| Apr 30, 2025 | 18.20% |
| Jan 31, 2025 | 20.43% |
| Oct 31, 2024 | 49.36% |
| Jul 31, 2024 | 53.50% |
| Apr 30, 2024 | 55.47% |
| Jan 31, 2024 | 69.75% |
| Oct 31, 2023 | 31.33% |
| Jul 31, 2023 | 29.51% |
| Apr 30, 2023 | 21.95% |
| Jan 31, 2023 | 5.55% |
| Oct 31, 2022 | -39.94% |
| Jul 31, 2022 | -97.52% |
| Apr 30, 2022 | -171.10% |
| Jan 31, 2022 | -144.97% |
| Oct 31, 2021 | -88.49% |
API Access
Palo Alto Networks Return on Equity [ROE] 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-equity-%5Broe%5D&ticker=PANW&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "return-on-equity-[roe]", "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-equity-%5Broe%5D&ticker=PANW&period=max&api_key=YOUR_API_KEY");
const data = await res.json();