Palo Alto Networks Inc (PANW) — Financial Flexibility Index
Palo Alto Networks Inc (PANW) has a Financial Flexibility Index of 0.05x as of April 2026. Free cash flow of $954.00 Million (operating CF $871.00 Million minus capex $83.00 Million) represents 0% of total liabilities ($18.60 Billion). Check Palo Alto Networks Inc investment reinvestment rate to assess the company's total reinvestment commitment from operating cash flow.
Financial Flexibility Index
Free Cash Flow
Total Liabilities
Capital Expenditures
Palo Alto Networks Inc Financial Flexibility Index (2010–2025)
Historical Financial Flexibility Index trend for Palo Alto Networks Inc across 16 annual periods. For the full cash flow conversion analysis, see Palo Alto Networks Inc cash flow conversion.
Annual Financial Flexibility Index for Palo Alto Networks Inc (2010–2025)
Year-by-year free cash flow to debt coverage for Palo Alto Networks Inc. Explore cash flow to debt ratio of Palo Alto Networks Inc to assess how comfortably operating cash covers total debt obligations.
| Year | Flexibility Index | Free Cash Flow (USD) | Operating CF | Total Liabilities | YoY Change |
|---|---|---|---|---|---|
| 2025 | 0.25x | $3.96 Billion | $3.72 Billion | $15.75 Billion | ▲ +9.2% |
| 2024 | 0.23x | $3.41 Billion | $3.26 Billion | $14.82 Billion | ▲ +0.5% |
| 2023 | 0.23x | $2.92 Billion | $2.78 Billion | $12.75 Billion | ▲ +26.8% |
| 2022 | 0.18x | $2.18 Billion | $1.98 Billion | $12.04 Billion | ▲ +5.8% |
| 2021 | 0.17x | $1.62 Billion | $1.50 Billion | $9.48 Billion | ▲ +8.8% |
| 2020 | 0.16x | $1.25 Billion | $1.04 Billion | $7.96 Billion | ▼ -33.8% |
| 2019 | 0.24x | $1.19 Billion | $1.06 Billion | $5.01 Billion | ▼ -0.2% |
| 2018 | 0.24x | $1.15 Billion | $1.04 Billion | $4.83 Billion | ▼ -38.3% |
| 2017 | 0.39x | $1.03 Billion | $868.50 Million | $2.68 Billion | ▲ +3.9% |
| 2016 | 0.37x | $730.60 Million | $658.10 Million | $1.97 Billion | ▲ +34.0% |
| 2015 | 0.28x | $384.13 Million | $350.30 Million | $1.39 Billion | ▲ +124.2% |
| 2014 | 0.12x | $124.51 Million | $88.41 Million | $1.01 Billion | ▼ -71.8% |
| 2013 | 0.44x | $136.96 Million | $114.52 Million | $313.19 Million | ▼ -15.0% |
| 2012 | 0.51x | $91.93 Million | $77.37 Million | $178.73 Million | ▲ +85.5% |
| 2011 | 0.28x | $45.10 Million | $32.10 Million | $162.63 Million | ▲ +2983.6% |
| 2010 | -0.01x | $-998.00K | $-2.68 Million | $103.77 Million | — |