Palo Alto Networks Inc (PANW) — Cash Flow Reinvestment Rate

Latest as of January 2026: 6.28x

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. Check Palo Alto Networks Inc cash flow quality index to evaluate the quality of earnings relative to operating cash generation.

Reinvestment Rate

6.28x
(Capex + Investments) / Operating CF

Total Reinvested

$3.48 Billion
Capex + Investments

Operating Cash Flow

$554.00 Million
USD

Capital Expenditures

$84.00 Million
USD

Palo Alto Networks Inc Cash Flow Reinvestment Rate (2011–2025)

Historical reinvestment intensity for Palo Alto Networks Inc across 15 annual periods. Explore Palo Alto Networks Inc long-term investment intensity to see how much of total assets are deployed in long-term investments.

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
Cash Flow Reinvestment Rate = (ABS(Capex) + ABS(Investments)) / Operating Cash Flow