Palo Alto Networks Inc (PANW) - Net Assets
Based on the latest financial reports, Palo Alto Networks Inc (PANW) has net assets worth $8.66 Billion USD as of October 2025. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets ($23.54 Billion) and total liabilities ($14.87 Billion). This figure indicates the residual interest in the assets after deducting liabilities, essentially showing what would remain for shareholders if all assets were liquidated and all debts paid off. Also explore PANW asset base for the complete picture of this company's asset base.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | $8.66 Billion |
| % of Total Assets | 36.82% |
| Annual Growth Rate | N/A |
| 5-Year Change | 924.67% |
| 10-Year Change | 890.56% |
| Growth Volatility | 197.37 |
Palo Alto Networks Inc - Net Assets Trend (2010–2025)
This chart illustrates how Palo Alto Networks Inc's net assets have evolved over time, based on quarterly financial data. For live valuation and market cap data, see Palo Alto Networks Inc (PANW) total market value.
Annual Net Assets for Palo Alto Networks Inc (2010–2025)
The table below shows the annual net assets of Palo Alto Networks Inc from 2010 to 2025. Explore Palo Alto Networks Inc (PANW) cash flow conversion to assess how effectively this company generates cash.
| Year | Net Assets | Change |
|---|---|---|
| 2025-07-31 | $7.82 Billion | +51.35% |
| 2024-07-31 | $5.17 Billion | +195.68% |
| 2023-07-31 | $1.75 Billion | +732.57% |
| 2022-07-31 | $210.00 Million | -72.50% |
| 2021-07-31 | $763.60 Million | -30.70% |
| 2020-07-31 | $1.10 Billion | -30.54% |
| 2019-07-31 | $1.59 Billion | +60.51% |
| 2018-07-31 | $988.30 Million | +30.11% |
| 2017-07-31 | $759.60 Million | -3.84% |
| 2016-07-31 | $789.90 Million | +37.18% |
| 2015-07-31 | $575.82 Million | +22.88% |
| 2014-07-31 | $468.58 Million | +72.01% |
| 2013-07-31 | $272.42 Million | +18.92% |
| 2012-07-31 | $229.07 Million | +420.59% |
| 2011-07-31 | $-71.45 Million | -8.84% |
| 2010-07-31 | $-65.65 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to Palo Alto Networks Inc's total equity over time. Equity components include common stock, retained earnings, additional paid-in capital, and other elements.
Equity Composition Insights
- Retained earnings have grown by 255233700000.0% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (July 2025)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | $2.48 Billion | 31.75% |
| Common Stock | $5.29 Billion | 67.63% |
| Other Comprehensive Income | $48.40 Million | 0.62% |
| Total Equity | $7.82 Billion | 100.00% |
Palo Alto Networks Inc Competitors by Market Cap
The table below lists competitors of Palo Alto Networks Inc ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Honeywell International Inc
NASDAQ:HON
|
$136.08 Billion |
|
TotalEnergies SE
PA:TTE
|
$137.91 Billion |
|
Shandong Zhongji Electrical Equipment Co Ltd
SHE:300308
|
$139.42 Billion |
|
Allianz SE VNA O.N.
XETRA:ALV
|
$140.11 Billion |
|
Lowe's Companies Inc
NYSE:LOW
|
$133.95 Billion |
|
Airbus SE
F:AIRA
|
$133.51 Billion |
|
Booking Holdings Inc
NASDAQ:BKNG
|
$133.31 Billion |
|
Eaton Corporation PLC
NYSE:ETN
|
$133.05 Billion |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Palo Alto Networks Inc's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2024 to 2025, total equity changed from 5,169,700,000 to 7,824,400,000, a change of 2,654,700,000 (51.4%).
- Net income of 1,133,900,000 contributed positively to equity growth.
- Share repurchases of 183,800,000 reduced equity.
- Other comprehensive income increased equity by 50,000,000.
- Other factors increased equity by 1,654,600,000.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | $1.13 Billion | +14.49% |
| Share Repurchases | $183.80 Million | -2.35% |
| Other Comprehensive Income | $50.00 Million | +0.64% |
| Other Changes | $1.65 Billion | +21.15% |
| Total Change | $- | 51.35% |
Book Value vs Market Value Analysis
This analysis compares Palo Alto Networks Inc's book value (net assets) with its market value over time. The relationship between these values can provide insights into investor sentiment and company valuation.
Valuation Insights
- Current price-to-book ratio: 16.26x
- The company is trading at a significant premium to its book value, suggesting the market values its earnings potential, brand, or other intangibles highly.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2010-07-31 | $-0.20 | $179.32 | x |
| 2011-07-31 | $-0.19 | $179.32 | x |
| 2012-07-31 | $1.95 | $179.32 | x |
| 2013-07-31 | $0.66 | $179.32 | x |
| 2014-07-31 | $1.05 | $179.32 | x |
| 2015-07-31 | $1.18 | $179.32 | x |
| 2016-07-31 | $1.51 | $179.32 | x |
| 2017-07-31 | $1.40 | $179.32 | x |
| 2018-07-31 | $1.80 | $179.32 | x |
| 2019-07-31 | $2.80 | $179.32 | x |
| 2020-07-31 | $1.90 | $179.32 | x |
| 2021-07-31 | $1.32 | $179.32 | x |
| 2022-07-31 | $0.36 | $179.32 | x |
| 2023-07-31 | $2.55 | $179.32 | x |
| 2024-07-31 | $7.30 | $179.32 | x |
| 2025-07-31 | $11.03 | $179.32 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Palo Alto Networks Inc utilizes its equity to generate returns, including Return on Equity (ROE) and its components based on the DuPont analysis framework.
Capital Efficiency Insights
- Current Return on Equity (ROE): 14.49%
- The company shows good efficiency in utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 12.30%
- • Asset Turnover: 0.39x
- • Equity Multiplier: 3.01x
- Recent ROE (14.49%) is above the historical average (-18.24%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2010 | 0.00% | -43.32% | 1.28x | 0.00x | $-14.57 Million |
| 2011 | 0.00% | -10.56% | 1.30x | 0.00x | $-5.38 Million |
| 2012 | 0.32% | 0.29% | 0.63x | 1.78x | $-22.17 Million |
| 2013 | -10.74% | -7.38% | 0.68x | 2.15x | $-56.49 Million |
| 2014 | -48.33% | -37.86% | 0.40x | 3.16x | $-273.31 Million |
| 2015 | -28.65% | -17.78% | 0.47x | 3.41x | $-222.56 Million |
| 2016 | -28.60% | -16.39% | 0.50x | 3.50x | $-304.89 Million |
| 2017 | -28.52% | -12.30% | 0.51x | 4.53x | $-292.56 Million |
| 2018 | -14.97% | -6.51% | 0.39x | 5.89x | $-246.73 Million |
| 2019 | -5.16% | -2.82% | 0.44x | 4.16x | $-240.53 Million |
| 2020 | -24.23% | -7.83% | 0.38x | 8.23x | $-377.18 Million |
| 2021 | -65.34% | -11.72% | 0.42x | 13.41x | $-575.26 Million |
| 2022 | -127.14% | -4.85% | 0.45x | 58.35x | $-288.00 Million |
| 2023 | 25.15% | 6.38% | 0.48x | 8.29x | $264.86 Million |
| 2024 | 49.86% | 32.11% | 0.40x | 3.87x | $2.06 Billion |
| 2025 | 14.49% | 12.30% | 0.39x | 3.01x | $351.46 Million |
Industry Comparison
This section compares Palo Alto Networks Inc's net assets metrics with peer companies in the Software - Infrastructure industry.
Industry Context
- Industry: Software - Infrastructure
- Average net assets among peers: $405,610,280
- Average return on equity (ROE) among peers: -35.19%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Palo Alto Networks Inc (PANW) | $8.66 Billion | 0.00% | 1.72x | $134.91 Billion |
| ACI Worldwide Inc (ACIW) | $225.20 Million | 19.85% | 0.46x | $4.34 Billion |
| Aeva Technologies, Inc. Common Stock (AEVA) | $329.93 Million | -44.65% | 0.08x | $821.47 Million |
| Aeva Technologies, Inc. Common Stock (AEVA) | $456.38 Million | -22.24% | 0.05x | $906.22 Million |
| Axe Compute Inc. (AGPU) | $40.27 Million | -48.82% | 0.09x | $24.93 Million |
| C3 Ai Inc (AI) | $929.66 Million | -28.92% | 0.19x | $1.21 Billion |
| iLearningEngines, Inc. (AILE) | $277.84 Million | 4.13% | 0.05x | $59.29 Million |
| PowerFleet, Inc. (AIOT) | $44.03 Million | -5.89% | 0.38x | $431.95 Million |
| Airship AI Holdings Inc (AISP) | $-8.36 Million | 0.00% | 0.00x | $76.55 Million |
| AIxCrypto Holdings, Inc. (AIXC) | $2.68 Million | -233.64% | 0.75x | $5.68 Million |
| Akamai Technologies Inc (AKAM) | $1.76 Billion | 8.30% | 0.20x | $14.92 Billion |
About Palo Alto Networks Inc
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