Palo Alto Networks Inc Tangible Net Worth Ratio
Palo Alto Networks Inc tangible net worth ratio. Palo Alto Networks Inc (PANW) has a Tangible Net Worth Ratio of 74.5% as of July 2026. This metric is calculated by deducting intangible assets ($7.02 Billion) from net assets ($27.49 Billion) and expressing it as a percentage of total net assets. A higher ratio means that more of the company's equity is backed by tangible, balance-sheet-verifiable assets rather than goodwill, patents, or brand value. Check Palo Alto Networks Inc (PANW) strategic investment index to assess the company's strategic physical and investment asset allocation.
Tangible NW Ratio
Net Assets (Equity)
Intangible Assets
Total Assets
Tangible Net Worth Ratio of Palo Alto Networks Inc (2012–2026)
Tangible net worth ratio of Palo Alto Networks Inc from 2012 to 2026. This chart shows how Palo Alto Networks Inc's Tangible Net Worth Ratio has changed across 15 annual periods from 2012 to 2026. As of July 2026, the ratio stands at 74.5%, reflecting net assets of $27.49 Billion with intangible assets of $7.02 Billion USD. See PANW net working capital ratio to evaluate short-term liquidity relative to the company's equity base.
Palo Alto Networks Inc Tangible Net Worth Ratio by Year (2012–2026)
Palo Alto Networks Inc tangible net worth ratio by year from 2012 to 2026. The table below presents the year-by-year Tangible Net Worth Ratio for Palo Alto Networks Inc from 2012 to 2026, covering 15 annual filings. Each row shows net assets, intangible assets, total assets, the tangible net worth ratio, and the change in percentage points versus the prior year. For live market cap and overall valuation, see Palo Alto Networks Inc market cap and net worth.
| Year | Tangible NW Ratio | Net Assets (USD) | Intangible Assets | Total Assets | Change (pp) |
|---|---|---|---|---|---|
| 2026 | 74.5% | $27.49 Billion | $7.02 Billion | $48.46 Billion | ▼ -15.8 pp |
| 2025 | 90.3% | $7.82 Billion | $762.70 Million | $23.58 Billion | ▼ -2.5 pp |
| 2024 | 92.7% | $5.17 Billion | $374.90 Million | $19.99 Billion | ▲ +10.8 pp |
| 2023 | 82.0% | $1.75 Billion | $315.40 Million | $14.50 Billion | ▲ +165.1 pp |
| 2022 | -83.1% | $210.00 Million | $384.50 Million | $12.25 Billion | ▼ -117.8 pp |
| 2021 | 34.7% | $763.60 Million | $498.60 Million | $10.24 Billion | ▼ -32.8 pp |
| 2020 | 67.5% | $1.10 Billion | $358.20 Million | $9.07 Billion | ▼ -14.8 pp |
| 2019 | 82.3% | $1.59 Billion | $280.60 Million | $6.59 Billion | ▼ -3.4 pp |
| 2018 | 85.8% | $988.30 Million | $140.80 Million | $5.82 Billion | ▼ -7.2 pp |
| 2017 | 92.9% | $759.60 Million | $53.70 Million | $3.44 Billion | ▼ -1.5 pp |
| 2016 | 94.4% | $789.90 Million | $44.00 Million | $2.76 Billion | ▲ +3.6 pp |
| 2015 | 90.9% | $575.82 Million | $52.66 Million | $1.97 Billion | ▲ +1.1 pp |
| 2014 | 89.8% | $468.58 Million | $47.95 Million | $1.48 Billion | ▼ -9.7 pp |
| 2013 | 99.5% | $272.42 Million | $1.36 Million | $585.61 Million | ▼ -0.3 pp |
| 2012 | 99.8% | $229.07 Million | $483.00K | $407.80 Million | — |