Palo Alto Networks Inc (PANW) — Cash Flow Reinvestment Rate
Palo Alto Networks Inc (PANW) has a Cash Flow Reinvestment Rate of 6.28x as of January 2026, reinvesting $3.48 Billion (capex $84.00 Million plus investments $3.40 Billion) from operating cash flow of $554.00 Million. Explore Palo Alto Networks Inc (PANW) capital reinvestment to see what proportion of operating cash flow is directed to capital expenditures.
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. Also explore Palo Alto Networks Inc assets under control for the complete picture of this company's asset base.
Annual Cash Flow Reinvestment Rate for Palo Alto Networks Inc (2011–2025)
Year-by-year capital reinvestment analysis for Palo Alto Networks Inc. For live market cap and broader valuation context, see Palo Alto Networks Inc market capitalisation.
| 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 | — |