Palo Alto Networks Inc Market Cap ($270.47 Billion)
Market Cap & Net Worth: Palo Alto Networks Inc (PANW)
Palo Alto Networks Inc market cap. Palo Alto Networks Inc (NASDAQ:PANW) has a market capitalization of $270.47 Billion ($270.47 Billion) as of November 5, 2026. Listed on the NASDAQ stock exchange, this USA-based company holds position #70 globally and #48 in its home market, demonstrating a -10.31% decrease 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 $350.20 by its total outstanding shares 818000000 (818.00 Million). Also see PANW cash flow metrics for how efficiently the company converts equity into cash flow.
Palo Alto Networks Inc Market Cap History (2015–2026)
Palo Alto Networks Inc market cap history from 2015 to 2026. Data shows growth from $48.03 Billion to $286.46 Billion (18.05% CAGR). Check Palo Alto Networks Inc (PANW) share price today for real-time trading data and today's change.
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
|
$10.97 Trillion | 2.47% | #6 of 61 |
|
S&P 500 Index
GSPC
|
$61.76 Trillion | 0.25% | #40 of 503 |
|
NASDAQ Composite
IXIC
|
$40.20 Trillion | 0.67% | #20 of 3165 |
|
Nasdaq 100
NDX
|
$33.79 Trillion | 0.80% | #20 of 101 |
|
NASDAQ 100 Technology Sector
NDXT
|
$24.70 Trillion | 1.10% | #15 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. Explore PANW year-over-year net asset growth to track how rapidly the company is growing its equity base year over year.
Latest Price to Sales (P/S) Ratio
24.95x
Palo Alto Networks Inc's market cap is 24.95 times its annual revenue
Latest Price to Earnings (P/E) Ratio
933.11x
Palo Alto Networks Inc's market cap is 933.11 times its annual earnings
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 |
|---|---|---|---|---|---|
| 2017 | $39.52 Billion | $1.76 Billion | -$216.60 Million | 22.43x | N/A |
| 2018 | $51.36 Billion | $2.27 Billion | -$147.90 Million | 22.59x | N/A |
| 2019 | $63.05 Billion | $2.90 Billion | -$81.90 Million | 21.75x | N/A |
| 2020 | $96.90 Billion | $3.41 Billion | -$267.00 Million | 28.43x | N/A |
| 2021 | $151.81 Billion | $4.26 Billion | -$498.90 Million | 35.67x | N/A |
| 2022 | $114.14 Billion | $5.50 Billion | -$267.00 Million | 20.75x | N/A |
| 2023 | $241.21 Billion | $6.89 Billion | $439.70 Million | 35.00x | 548.58x |
| 2024 | $148.84 Billion | $8.03 Billion | $2.58 Billion | 18.54x | 57.74x |
| 2025 | $150.68 Billion | $9.22 Billion | $1.13 Billion | 16.34x | 132.88x |
| 2026 | $286.46 Billion | $11.48 Billion | $307.00 Million | 24.95x | 933.11x |
Competitor Companies of PANW by Market Capitalization
Companies near Palo Alto Networks Inc in the global market cap rankings as of November 5, 2026. Also see how large is Palo Alto Networks Inc's balance sheet for a full breakdown of the balance sheet.
Key companies related to Palo Alto Networks Inc by market ranking:
- Microsoft Corporation (NASDAQ:MSFT): Ranked #3 globally with a market cap of $3.65 Trillion USD.
- Palantir Technologies Inc. (NASDAQ:PLTR): Ranked #37 globally with a market cap of $403.55 Billion USD.
- Fortinet Inc (NASDAQ:FTNT): Ranked #274 globally with a market cap of $94.00 Billion USD.
- Synopsys Inc (NASDAQ:SNPS): Ranked #300 globally with a market cap of $88.67 Billion USD.
| Rank | Company | Symbol | Market Cap | Price |
|---|---|---|---|---|
| #3 | Microsoft Corporation | NASDAQ:MSFT | $3.65 Trillion | $520.99 |
| #37 | Palantir Technologies Inc. | NASDAQ:PLTR | $403.55 Billion | $175.40 |
| #274 | Fortinet Inc | NASDAQ:FTNT | $94.00 Billion | $128.11 |
| #300 | Synopsys Inc | NASDAQ:SNPS | $88.67 Billion | $462.88 |
Market Capitalization of Palo Alto Networks Inc (2015–2026)
Market capitalization of Palo Alto Networks Inc from 2015 to today. Between 2015 and today, Palo Alto Networks Inc's market cap moved from $48.03 Billion to $ 286.46 Billion, with a yearly change of 18.05%.
| Year | Market Cap | Change (%) |
|---|---|---|
| 2026 | $286.46 Billion | +90.12% |
| 2025 | $150.68 Billion | +1.23% |
| 2024 | $148.84 Billion | -38.29% |
| 2023 | $241.21 Billion | +111.32% |
| 2022 | $114.14 Billion | -24.81% |
| 2021 | $151.81 Billion | +56.66% |
| 2020 | $96.90 Billion | +53.68% |
| 2019 | $63.05 Billion | +22.78% |
| 2018 | $51.36 Billion | +29.95% |
| 2017 | $39.52 Billion | +15.91% |
| 2016 | $34.10 Billion | -29.01% |
| 2015 | $48.03 Billion | -- |
End of Day Market Cap According to Different Sources
On Nov 4th, 2026 the market cap of Palo Alto Networks Inc was reported to be:
| Source | Market Cap |
|---|---|
| Yahoo Finance | $270.47 Billion USD |
| MoneyControl | $270.47 Billion USD |
| MarketWatch | $270.47 Billion USD |
| marketcap.company | $270.47 Billion USD |
| Reuters | $270.47 Billion USD |
Market cap values may vary slightly between sources due to differences in calculation methods, timing, and data refresh rates.
About Palo Alto Networks Inc
Palo Alto Networks, Inc. provides artificial intelligence (AI) cybersecurity solutions in the Americas, Europe, the Middle East, Africa, the Asia Pacific, and Japan. It offers Prisma Access and Prisma SD-WAN, a secure access service edge solution; next-generation firewalls; Strata Cloud Manager, a network security infrastructure management solution; and Panorama, for policy management, device man… Read more