Palo Alto Networks Inc (PANW) — Capital Reinvestment Ratio
Palo Alto Networks Inc (PANW) has a Capital Reinvestment Ratio of 0.10x as of April 2026, meaning it reinvests 0% of its operating cash flow ($871.00 Million) in capital expenditures ($83.00 Million). Check Palo Alto Networks Inc tangible book value ratio to evaluate the tangible quality of the company's equity base.
Capital Reinvestment Ratio
Operating Cash Flow
Capital Expenditures
Data as of
Palo Alto Networks Inc Capital Reinvestment Ratio (2011–2025)
This chart tracks Palo Alto Networks Inc's Capital Reinvestment Ratio across 15 annual periods. For the full cash flow conversion analysis, see PANW cash flow metrics.
Annual Capital Reinvestment Ratio for Palo Alto Networks Inc (2011–2025)
Year-by-year Capital Reinvestment Ratio for Palo Alto Networks Inc from 2011 to 2025. See cash generation quality of Palo Alto Networks Inc to measure how efficiently the company converts operating cash flow to free cash.
| Year | Reinvestment Ratio | Operating CF (USD) | Capital Expenditures | YoY Change |
|---|---|---|---|---|
| 2025 | 0.07x | $3.72 Billion | $246.20 Million | ▲ +37.6% |
| 2024 | 0.05x | $3.26 Billion | $156.80 Million | ▼ -8.6% |
| 2023 | 0.05x | $2.78 Billion | $146.30 Million | ▼ -45.8% |
| 2022 | 0.10x | $1.98 Billion | $192.80 Million | ▲ +25.9% |
| 2021 | 0.08x | $1.50 Billion | $116.00 Million | ▼ -62.7% |
| 2020 | 0.21x | $1.04 Billion | $214.40 Million | ▲ +66.6% |
| 2019 | 0.12x | $1.06 Billion | $131.20 Million | ▲ +15.1% |
| 2018 | 0.11x | $1.04 Billion | $112.00 Million | ▼ -42.6% |
| 2017 | 0.19x | $868.50 Million | $163.40 Million | ▲ +70.8% |
| 2016 | 0.11x | $658.10 Million | $72.50 Million | ▲ +14.1% |
| 2015 | 0.10x | $350.30 Million | $33.83 Million | ▼ -76.4% |
| 2014 | 0.41x | $88.41 Million | $36.11 Million | ▲ +108.4% |
| 2013 | 0.20x | $114.52 Million | $22.44 Million | ▲ +4.1% |
| 2012 | 0.19x | $77.37 Million | $14.56 Million | ▼ -53.5% |
| 2011 | 0.40x | $32.10 Million | $13.00 Million | — |