Palo Alto Networks (PANW) Shares Repurchased (2011 - 2024)
Palo Alto Networks (PANW) posted quarterly Shares Repurchased of $500.0 million for Q2 2024, up 649.63% on a QoQ basis from $66.7 million in Q4 2023.
Palo Alto Networks (PANW) Shares Repurchased (2011 - 2024) Analysis & Trends
Palo Alto Networks (PANW) has reported Shares Repurchased for 13 consecutive years, with $500.0 million the latest figure, recorded in Q2 2024.
- In Q2 2024, Shares Repurchased changed N/A year-over-year to $500.0 million; the TTM figure through Jan 2025 stood at $500.0 million (up 649.63% YoY), while the FY2024 annual figure was $566.7 million, up 107.81% from the prior year.
- Shares Repurchased came in at $500.0 million for Q2 2024 at Palo Alto Networks, up from $66.7 million in the prior quarter.
- The five-year high for Shares Repurchased was $1.0 billion in Q2 2020, with the low at $22.7 million in Q4 2022.
- Average Shares Repurchased over 5 years is $391.0 million, with a median of $346.2 million recorded in 2021.
- Across the five-year window, Shares Repurchased tumbled 65.0% in 2021 and soared 193.83% in 2023, its largest moves.
- Year by year, Shares Repurchased stood at $500.0 million in 2020, then sank by 34.38% to $328.1 million in 2021, then sank by 93.08% to $22.7 million in 2022, then jumped by 193.83% to $66.7 million in 2023, then soared by 649.63% to $500.0 million in 2024.
- According to Business Quant data, Shares Repurchased over the past three periods registered $500.0 million, $66.7 million, and $250.0 million for Q2 2024, Q4 2023, and Q1 2023 respectively.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Shares Repurchased (Qtr) |
|---|---|---|---|---|---|
| 1 | Microsoft | 2,853.66 Bn | 2,775.39 Bn | 56.06 Bn | 4.63 Bn |
| 2 | Oracle | 408.21 Bn | 376.86 Bn | 17.12 Bn | - |
| 3 | Palantir Technologies | 300.98 Bn | 293.06 Bn | 1.42 Bn | - |
| 4 | Palo Alto Networks | 247.84 Bn | 243.30 Bn | 1.91 Bn | - |
| 5 | CrowdStrike Holdings | 193.63 Bn | 190.57 Bn | 993.68 Mn | - |
| 6 | Fortinet | 117.45 Bn | 114.16 Bn | 1.49 Bn | 823.00 Mn |
| 7 | Cloudflare | 86.88 Bn | 85.93 Bn | 455.60 Mn | - |
| 8 | Synopsys | 86.18 Bn | 86.06 Bn | 1.77 Bn | - |
| 9 | Block | 46.10 Bn | 39.21 Bn | 2.91 Bn | 635.99 Mn |
| 10 | CoreWeave | 45.15 Bn | 42.89 Bn | 2.01 Bn | - |
Historic Data
Download Data| Date | Value |
|---|---|
| Apr 30, 2024 | 500.00 Mn |
| Apr 30, 2024 | 500.00 Mn |
| Oct 31, 2023 | 66.70 Mn |
| Oct 31, 2023 | 66.70 Mn |
| Jan 31, 2023 | 250.00 Mn |
| Jan 31, 2023 | 250.00 Mn |
| Oct 31, 2022 | 22.70 Mn |
| Oct 31, 2022 | 22.70 Mn |
| Jul 31, 2022 | 342.30 Mn |
| Jul 31, 2022 | 342.30 Mn |
| Jan 31, 2022 | 550.00 Mn |
| Jan 31, 2022 | 550.00 Mn |
| Jul 31, 2021 | 328.10 Mn |
| Jul 31, 2021 | 328.10 Mn |
| Apr 30, 2021 | 350.00 Mn |
| Apr 30, 2021 | 350.00 Mn |
| Oct 31, 2020 | 500.00 Mn |
| Oct 31, 2020 | 500.00 Mn |
| Apr 30, 2020 | 1.00 Bn |
| Apr 30, 2020 | 1.00 Bn |