Palo Alto Networks, Inc. (PANW) Valuation — DCF, Graham & Comparables

Palo Alto Networks, Inc. (PANW) — Price $365.87 (closing price, October 30, 2026) — Technology — Software - Infrastructure — NASDAQ

Latest reported results:

Valuation dashboard for Palo Alto Networks, Inc. (PANW) with P/E N/A, P/B 9.97, EV/EBITDA 194.43 and dividend yield 0.00%. DCF, Graham Number, EPS growth, peer multiples and dividend discount models plus sector comparison against other Technology companies.

Palo Alto Networks, Inc. is a global leader in providing advanced cybersecurity solutions. The company's core product line includes both hardware and software-based firewalls. It also offers Panorama, a sophisticated security management platform designed for centralized control of these firewall deployments, whether they are physical appliances, virtual instances, or situated in public or private cloud environments.

Analysis Summary

Palo Alto Networks, Inc. reported revenue of $11.48B in the most recent fiscal year, growing at a 5-year CAGR of 22.0%.

Trailing-twelve-month margins: gross margin 70.4%, operating margin 6.1%, net margin 2.7%.

At $365.87 (closing price, October 30, 2026), PANW trades at a P/E of 831.52 and an ROE of 1.68%. Market capitalisation stands at $299.4B, placing it among large-cap names.

Balance sheet quality for PANW: current ratio of 0.9. A debt-to-equity below 1.0 typically signals conservative capital structure, while a current ratio above 1.5 indicates comfortable short-term liquidity.

Valuation Ratios

P/E Ratio831.52
Price / Book9.97
EV / EBITDA194.43
Dividend Yield0.00%

Valuation Models

DCF Fair Value$83.28
vs Current Price-77.2%

Peer Comparison

SymbolCompanyMarket CapP/EP/BROE
PANWPalo Alto Networks, Inc.$299.4B831.529.971.7%
CSCOCisco Systems, Inc.$412.0B31.388.5427.4%
FTNTFortinet, Inc.$99.8B44.1844.47151.5%
CRWDCrowdStrike Holdings, Inc.$256.4B7,134.7649.931.3%
ZSZscaler, Inc.$38.8B14.24-2.8%
CHKPCheck Point Software Technologies Ltd.$15.5B15.575.6836.4%
AKAMAkamai Technologies, Inc.$13.3B33.352.878.5%
NETCloudflare, Inc.$100.0B57.33-13.9%

Price

Price$365.87 (closing price, October 30, 2026)
Market Cap$299.4B
ExchangeNASDAQ
CountryUS

Profitability

Return on Equity1.68%
Return on Invested Capital1.03%
Return on Assets0.63%
Gross Margin70.36%
Operating Margin6.05%
Net Margin2.67%

Related companies: CSCO · FTNT · CRWD · ZS · CHKP · AKAM · NET

Explore sector: Technology · Software - Infrastructure

More sections of PANW: Overview · Financials · Statistics · Estimates · Technical · Ownership · News · Events

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