Palo Alto Networks Inc (PANW) — Net Asset Quality Index
Palo Alto Networks Inc (PANW) has a Net Asset Quality Index of 59.8% as of April 2026. This metric measures the proportion of total assets financed by shareholders' equity — total assets of $46.27 Billion minus total liabilities of $18.60 Billion yields net assets of $27.67 Billion. A higher index indicates a stronger, lower-leverage balance sheet. Read PANW current and long-term liabilities for a breakdown of total debt and financial obligations.
Quality Index
Net Assets
Total Assets
Total Liabilities
Palo Alto Networks Inc Net Asset Quality Index Over Time (2010–2025)
This chart shows how Palo Alto Networks Inc's Net Asset Quality Index has evolved across 16 annual periods from 2010 to 2025. As of April 2026, the index stands at 59.8%, representing net assets of $27.67 Billion against total assets of $46.27 Billion USD. For live market cap and overall valuation, see Palo Alto Networks Inc market cap and net worth.
Annual Net Asset Quality Index for Palo Alto Networks Inc (2010–2025)
The table below presents the year-by-year Net Asset Quality Index for Palo Alto Networks Inc from 2010 to 2025, covering 16 annual filings. Each row shows total assets, total liabilities, net assets, the quality index percentage, and the change in percentage points compared to the prior year. Check PANW strategic assets to equity ratio to assess the company's strategic physical and investment asset allocation.
| Year | Quality Index | Net Assets (USD) | Total Assets | Total Liabilities | Change (pp) |
|---|---|---|---|---|---|
| 2025 | 33.2% | $7.82 Billion | $23.58 Billion | $15.75 Billion | ▲ +7.3 pp |
| 2024 | 25.9% | $5.17 Billion | $19.99 Billion | $14.82 Billion | ▲ +13.8 pp |
| 2023 | 12.1% | $1.75 Billion | $14.50 Billion | $12.75 Billion | ▲ +10.3 pp |
| 2022 | 1.7% | $210.00 Million | $12.25 Billion | $12.04 Billion | ▼ -5.7 pp |
| 2021 | 7.5% | $763.60 Million | $10.24 Billion | $9.48 Billion | ▼ -4.7 pp |
| 2020 | 12.2% | $1.10 Billion | $9.07 Billion | $7.96 Billion | ▼ -11.9 pp |
| 2019 | 24.1% | $1.59 Billion | $6.59 Billion | $5.01 Billion | ▲ +7.1 pp |
| 2018 | 17.0% | $988.30 Million | $5.82 Billion | $4.83 Billion | ▼ -5.1 pp |
| 2017 | 22.1% | $759.60 Million | $3.44 Billion | $2.68 Billion | ▼ -6.5 pp |
| 2016 | 28.6% | $789.90 Million | $2.76 Billion | $1.97 Billion | ▼ -0.7 pp |
| 2015 | 29.3% | $575.82 Million | $1.97 Billion | $1.39 Billion | ▼ -2.4 pp |
| 2014 | 31.7% | $468.58 Million | $1.48 Billion | $1.01 Billion | ▼ -14.8 pp |
| 2013 | 46.5% | $272.42 Million | $585.61 Million | $313.19 Million | ▼ -9.7 pp |
| 2012 | 56.2% | $229.07 Million | $407.80 Million | $178.73 Million | ▲ +134.5 pp |
| 2011 | -78.4% | $-71.45 Million | $91.17 Million | $162.63 Million | ▲ +93.8 pp |
| 2010 | -172.2% | $-65.65 Million | $38.12 Million | $103.77 Million | — |