Palo Alto Networks Inc

NASDAQ:PANW USA Software - Infrastructure
Market Cap
$135.31 Billion
Market Cap Rank
#163 Global
#130 in USA
Share Price
$167.45
Change (1 day)
+0.26%
52-Week Range
$141.67 - $221.38
All Time High
$405.90
About

Palo Alto Networks, Inc. provides cybersecurity solutions in the Americas, Europe, the Middle East, Africa, the Asia Pacific, and Japan. It offers Prisma Access, a secure access service edge solution; Strata Cloud Manager, a network security management solution; and Prisma AIRS to protect customers' entire AI ecosystem. It provides a comprehensive cloud native application protection platform; and… Read more

Market Cap & Net Worth: Palo Alto Networks Inc (PANW)

Palo Alto Networks Inc (NASDAQ:PANW) has a market capitalization of $135.31 Billion ($135.31 Billion) as of March 18, 2026. Listed on the NASDAQ stock exchange, this USA-based company holds position #163 globally and #130 in its home market, demonstrating a 1.45% increase in market value over the past year.

Market capitalization, also known as net worth in stock markets, is calculated by multiplying Palo Alto Networks Inc's stock price $167.45 by its total outstanding shares 808074532 (808.07 Million).

Palo Alto Networks Inc Market Cap History: 2015 to 2026

Palo Alto Networks Inc's market capitalization history from 2015 to 2026. Data shows growth from $47.44 Billion to $135.31 Billion (11.09% CAGR).

Index Memberships

Palo Alto Networks Inc is a constituent of 5 market indices:

Index Total Market Cap Weight (%) Rank by Market Cap
ISE Cloud Computing
CPQ
$10.91 Trillion 1.06% #10 of 61
S&P 500 Index
GSPC
$53.10 Trillion 0.25% #87 of 503
NASDAQ Composite
IXIC
$33.26 Trillion 0.35% #33 of 3165
Nasdaq 100
NDX
$27.96 Trillion 0.41% #32 of 101
NASDAQ 100 Technology Sector
NDXT
$19.79 Trillion 0.58% #18 of 45

Weight: Palo Alto Networks Inc's market cap as a percentage of total index value. Rank: Position among all constituents by market cap.

Palo Alto Networks Inc Market Cap to Earnings & Revenue Ratios Timeline

This chart shows how Palo Alto Networks Inc's valuation ratios have evolved. The Price to Sales (P/S) ratio compares market cap to revenue, while the Price to Earnings (P/E) ratio compares market cap to net income. Lower values may indicate a more undervalued company relative to its financial performance.

Latest Price to Sales (P/S) Ratio

16.14x

Palo Alto Networks Inc's market cap is 16.14 times its annual revenue

Industry average:
23.52x
Lower than industry average

Latest Price to Earnings (P/E) Ratio

131.27x

Palo Alto Networks Inc's market cap is 131.27 times its annual earnings

Industry average:
5.14x
Higher than industry average
What These Ratios Tell Investors:
  • Price to Sales (P/S) Ratio: Shows how much investors are paying for each dollar of the company's sales. Lower P/S ratios may indicate undervaluation.
  • Price to Earnings (P/E) Ratio: Shows how much investors are paying for each dollar of the company's earnings. This is one of the most common valuation metrics.
  • Trends in these ratios over time can indicate changing investor sentiment about the company's future growth prospects.
  • Industry comparison provides context for whether the company is valued higher or lower than peers.
Year Market Cap (USD) Revenue (USD) Net Income (USD) P/S Ratio P/E Ratio
2016 $33.68 Billion $1.38 Billion -$225.90 Million 24.43x N/A
2017 $39.04 Billion $1.76 Billion -$216.60 Million 22.16x N/A
2018 $50.73 Billion $2.27 Billion -$147.90 Million 22.32x N/A
2019 $62.29 Billion $2.90 Billion -$81.90 Million 21.48x N/A
2020 $95.73 Billion $3.41 Billion -$267.00 Million 28.09x N/A
2021 $149.97 Billion $4.26 Billion -$498.90 Million 35.24x N/A
2022 $112.76 Billion $5.50 Billion -$267.00 Million 20.50x N/A
2023 $238.29 Billion $6.89 Billion $439.70 Million 34.57x 541.93x
2024 $147.04 Billion $8.03 Billion $2.58 Billion 18.32x 57.04x
2025 $148.85 Billion $9.22 Billion $1.13 Billion 16.14x 131.27x

Competitor Companies of PANW by Market Capitalization

Companies near Palo Alto Networks Inc in the global market cap rankings as of March 18, 2026.

Key companies related to Palo Alto Networks Inc by market ranking:

  • Microsoft Corporation (NASDAQ:MSFT): Ranked #6 globally with a market cap of $2.97 Trillion USD.
  • Palantir Technologies Inc. Class A Common Stock (NYSE:PLTR): Ranked #40 globally with a market cap of $324.25 Billion USD.
  • Crowdstrike Holdings Inc (NASDAQ:CRWD): Ranked #184 globally with a market cap of $105.61 Billion USD.
  • Synopsys Inc (NASDAQ:SNPS): Ranked #251 globally with a market cap of $81.13 Billion USD.

Market capitalization comparison (in billions USD)
Rank Company Symbol Market Cap Price
#6 Microsoft Corporation NASDAQ:MSFT $2.97 Trillion $399.95
#40 Palantir Technologies Inc. Class A Common Stock NYSE:PLTR $324.25 Billion $178.15
#184 Crowdstrike Holdings Inc NASDAQ:CRWD $105.61 Billion $423.84
#251 Synopsys Inc NASDAQ:SNPS $81.13 Billion $425.88

Palo Alto Networks Inc Historical Marketcap From 2015 to 2026

Between 2015 and today, Palo Alto Networks Inc's market cap moved from $47.44 Billion to $ 135.31 Billion, with a yearly change of 11.09%.

Year Market Cap Change (%)
2026 $135.31 Billion -9.09%
2025 $148.85 Billion +1.23%
2024 $147.04 Billion -38.29%
2023 $238.29 Billion +111.32%
2022 $112.76 Billion -24.81%
2021 $149.97 Billion +56.66%
2020 $95.73 Billion +53.68%
2019 $62.29 Billion +22.78%
2018 $50.73 Billion +29.95%
2017 $39.04 Billion +15.91%
2016 $33.68 Billion -29.01%
2015 $47.44 Billion --

End of Day Market Cap According to Different Sources

On Mar 17th, 2026 the market cap of Palo Alto Networks Inc was reported to be:

Source Market Cap
Yahoo Finance $135.31 Billion USD
MoneyControl $135.31 Billion USD
MarketWatch $135.31 Billion USD
marketcap.company $135.31 Billion USD
Reuters $135.31 Billion USD

Market cap values may vary slightly between sources due to differences in calculation methods, timing, and data refresh rates.