Palo Alto Networks Inc (PANW) — Cash Flow Reinvestment Rate
Palo Alto Networks Inc (PANW) has a Cash Flow Reinvestment Rate of 0.44x as of April 2026, reinvesting $385.00 Million (capex $83.00 Million plus investments $302.00 Million) from operating cash flow of $871.00 Million. See PANW FCF generation index to measure how efficiently the company converts operating cash flow to free cash.
Reinvestment Rate
Total Reinvested
Operating Cash Flow
Capital Expenditures
Palo Alto Networks Inc Cash Flow Reinvestment Rate (2011–2025)
Historical reinvestment intensity for Palo Alto Networks Inc across 15 annual periods. For the full cash flow conversion analysis, see Palo Alto Networks Inc (PANW) cash flow conversion.
Annual Cash Flow Reinvestment Rate for Palo Alto Networks Inc (2011–2025)
Year-by-year capital reinvestment analysis for Palo Alto Networks Inc. See Palo Alto Networks Inc free cash flow to debt ratio to measure the company's free cash flow as a share of total liabilities.
| Year | Reinvestment Rate | Total Reinvested (USD) | Operating CF | Capex | YoY Change |
|---|---|---|---|---|---|
| 2025 | 0.66x | $2.45 Billion | $3.72 Billion | $246.20 Million | ▲ +28.9% |
| 2024 | 0.51x | $1.67 Billion | $3.26 Billion | $156.80 Million | ▼ -49.2% |
| 2023 | 1.01x | $2.80 Billion | $2.78 Billion | $146.30 Million | ▲ +48.4% |
| 2022 | 0.68x | $1.35 Billion | $1.98 Billion | $192.80 Million | ▲ +44.9% |
| 2021 | 0.47x | $703.30 Million | $1.50 Billion | $116.00 Million | ▼ -50.9% |
| 2020 | 0.95x | $986.30 Million | $1.04 Billion | $214.40 Million | ▼ -5.0% |
| 2019 | 1.00x | $1.06 Billion | $1.06 Billion | $131.20 Million | ▲ +612.8% |
| 2018 | 0.14x | $145.90 Million | $1.04 Billion | $112.00 Million | ▼ -68.0% |
| 2017 | 0.44x | $381.90 Million | $868.50 Million | $163.40 Million | ▼ -14.6% |
| 2016 | 0.51x | $338.90 Million | $658.10 Million | $72.50 Million | ▼ -72.8% |
| 2015 | 1.90x | $663.88 Million | $350.30 Million | $33.83 Million | ▼ -28.6% |
| 2014 | 2.65x | $234.62 Million | $88.41 Million | $36.11 Million | ▲ +100.5% |
| 2013 | 1.32x | $151.56 Million | $114.52 Million | $22.44 Million | ▲ +603.0% |
| 2012 | 0.19x | $14.56 Million | $77.37 Million | $14.56 Million | ▼ -53.5% |
| 2011 | 0.40x | $13.00 Million | $32.10 Million | $13.00 Million | — |