Palo Alto Networks, Inc. Financial Ratios — PANW Stock

Profitability (USD)

	2012 Y	2013 Y	2014 Y	2015 Y	2016 Y	2017 Y	2018 Y	2019 Y	2020 Y	2021 Y	2022 Y	2023 Y	2024 Y	2025 Y	2026 Y
As of date	07/31/2012	07/31/2013	07/31/2014	07/31/2015	07/31/2016	07/31/2017	07/31/2018	07/31/2019	07/31/2020	07/31/2021	07/31/2022	07/31/2023	07/31/2024	07/31/2025	07/31/2026

Return on Common Equity (%)	- -	-11.66	-61.13	-25.14	-26.21	-24.54	-12.59	-5.92	-19.87	-53.49	-54.85	44.9	74.53	17.45	1.74
Return on Assets (%)	0.3	-5.89	-21.95	-7.63	-7.99	-6.45	-2.6	-1.31	-3.41	-5.17	-2.37	3.29	14.95	5.21	0.85
Return on Capital (%)	0.95	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	11.14	- -	15.48	1.61
Return on Invested Capital (%)	1.29	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	7.37	- -	12.05	2.09
Gross Margin (%)	72.35	72.29	73.32	72.9	73.16	72.86	71.63	72.12	70.68	70.05	68.76	72.29	74.35	73.42	70.36
EBITDA Margin (%)	3.93	-2.2	-9.14	-7.64	-8.31	-6.04	-0.34	3.44	0.8	-1.03	1.7	9.71	12.06	17.2	13.5
Operating Margin (%)	1.53	-4.7	-12.39	-10.75	-11.41	-9.45	-4.58	-1.87	-5.25	-7.15	-3.43	5.62	8.52	13.48	6.05
Incremental Operating Margin (%)	10.47	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	41.41	26.16	46.82	-24.26
Pretax Margin (%)	1.1	-4.71	-37.14	-13.13	-12.5	-10.26	-4.63	-2.57	-6.8	-10.93	-3.77	8.22	12.31	17.31	4.67
Profit Margin (%)	0.29	-7.38	-37.86	-14.15	-13.98	-11.57	-5.37	-2.82	-7.83	-11.72	-4.85	6.38	32.12	12.3	2.67
Net Income to Common Margin (%)	0.29	-7.38	-37.86	-14.15	-13.98	-11.57	-5.37	-2.82	-7.83	-11.72	-4.85	6.38	32.12	12.3	2.67
Effective Tax Rate (%)	73.67	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	22.36	- -	28.95	42.72
Dvd Payout Ratio (%)	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Sustainable Growth Rate (%)	- -	-11.66	-61.13	-25.14	-26.21	-24.54	-12.59	-5.92	-19.87	-53.49	-54.85	44.9	74.53	17.45	1.74

Credit (USD)

Credit Ratios API ChatGPT

	2012 Y	2013 Y	2014 Y	2015 Y	2016 Y	2017 Y	2018 Y	2019 Y	2020 Y	2021 Y	2022 Y	2023 Y	2024 Y	2025 Y	2026 Y
As of date	07/31/2012	07/31/2013	07/31/2014	07/31/2015	07/31/2016	07/31/2017	07/31/2018	07/31/2019	07/31/2020	07/31/2021	07/31/2022	07/31/2023	07/31/2024	07/31/2025	07/31/2026

Total Debt	- -	- -	467	487	500	525	1,920	1,430	3,421	3,539	3,953	2,271	1,344	338	2,500
ST Debt	- -	- -	- -	487	- -	- -	550	- -	- -	1,558	3,677	1,992	964	- -	- -
LT Debt	- -	- -	467	- -	500	525	1,370	1,430	3,421	1,982	276	279	380	338	2,500
Total Debt/EBITDA	- -	- -	-8.54	-6.87	-4.37	-4.95	-246.17	14.34	126.23	-80.99	42.14	3.39	1.39	0.21	1.61
Net Debt/EBITDA	-32.18	35.58	3.42	-1.57	2.05	2.07	75.23	4.7	4.65	-30.93	16.61	1.28	-0.59	-1.43	-0.48
Total Debt/EBIT	- -	- -	-6.3	-4.88	-3.18	-3.16	-18.43	-26.43	-19.11	-11.64	-20.94	5.86	1.97	0.27	3.6
Net Debt/EBIT	-82.92	16.68	2.52	-1.12	1.49	1.32	5.63	-8.66	-0.7	-4.45	-8.25	2.21	-0.84	-1.83	-1.06
EBITDA to Interest Expense	278.47	-117.96	-28.79	-3.18	-4.89	-4.33	-0.26	1.19	0.32	-0.28	4.64	32.66	121	528.67	- -
EBITDA-CapEx/Interest Expense	-126.11	-421.23	-47.79	-4.7	-7.99	-11	-4.05	-0.38	-2.2	-1.01	-4.9	25.52	101.38	446.33	- -
EBIT to Interest Expense	108.08	-251.64	-39	-4.48	-6.72	-6.77	-3.52	-0.64	-2.1	-1.92	-9.35	18.89	85.5	414.33	- -
Interest Expense	- -	- -	2	22	23	24	30	84	85	158	20	20	8	3	- -
Common Equity/Total Assets	56.17	46.52	31.69	29.3	31.31	22.09	19.87	24.06	12.15	7.46	1.71	12.06	25.86	33.19	56.73
Long-Term Debt/Equity (%)	- -	- -	99.64	- -	55.89	69.08	115.86	90.15	310.46	259.49	131.48	15.97	7.36	4.32	9.09
Long-Term Debt/Capital (%)	- -	- -	49.91	- -	35.85	40.85	44.15	47.41	75.64	46.05	6.63	6.95	5.84	4.14	8.34
Long-Term Debt/Total Assets (%)	- -	- -	31.58	- -	17.5	15.26	23.02	21.69	37.73	19.35	2.25	1.93	1.9	1.43	5.16
Total Debt/Equity (%)	- -	- -	99.64	84.6	55.89	69.08	162.42	90.15	310.46	463.51	1,882.33	129.87	26.01	4.32	9.09
Total Debt/Capital (%)	- -	- -	49.91	45.83	35.85	40.85	61.89	47.41	75.64	82.25	94.96	56.5	20.64	4.14	8.34
Total Debt/Total Assets (%)	- -	- -	31.58	24.79	17.5	15.26	32.28	21.69	37.73	34.56	32.26	15.66	6.73	1.43	5.16
Net Debt to Equity	-140.85	-114.02	-39.89	19.33	-26.17	-28.91	-49.64	29.54	11.44	177.03	742.05	48.97	-11.05	-29	-2.69
Net Debt/Capital (%)	344.81	813.25	-66.37	16.2	-35.45	-40.67	-98.56	22.8	8.06	55.66	76.22	29.69	-11.47	-38.5	-2.69
EBITDA	10	-9	-55	-71	-114	-106	-8	100	27	-44	94	670	968	1,586	1,550
EBITDA-CapEx	-5	-31	-91	-105	-187	-269	-120	-32	-187	-160	-99	523	811	1,339	1,110
Operating Income (Loss)	4	-19	-74	-100	-157	-166	-104	-54	-179	-304	-189	387	684	1,243	695

Liquidity (USD)

Liquidity Ratios API ChatGPT

	2012 Y	2013 Y	2014 Y	2015 Y	2016 Y	2017 Y	2018 Y	2019 Y	2020 Y	2021 Y	2022 Y	2023 Y	2024 Y	2025 Y	2026 Y
As of date	07/31/2012	07/31/2013	07/31/2014	07/31/2015	07/31/2016	07/31/2017	07/31/2018	07/31/2019	07/31/2020	07/31/2021	07/31/2022	07/31/2023	07/31/2024	07/31/2025	07/31/2026

Cash Ratio	2.64	2.04	2.22	0.76	1.52	1.14	1.62	1.37	1.39	0.57	0.44	0.31	0.34	0.36	0.31
Current Ratio	3.13	2.57	2.75	1.04	2.09	1.65	1.97	1.78	1.91	0.91	0.77	0.78	0.89	0.94	0.87
Quick Ratio	3.02	2.46	2.61	0.97	1.93	1.5	1.84	1.65	1.78	0.81	0.71	0.68	0.77	0.82	0.73
CFO/Avg Current Liab	0.82	0.7	0.32	0.51	0.7	0.85	0.63	0.51	0.44	0.38	0.3	0.35	0.42	0.47	0.51
Common Equity/Total Assets	56.17	46.52	31.69	29.3	31.31	22.09	19.87	24.06	12.15	7.46	1.71	12.06	25.86	33.19	56.73
Long-Term Debt/Equity (%)	- -	- -	99.64	- -	55.89	69.08	115.86	90.15	310.46	259.49	131.48	15.97	7.36	4.32	9.09
Long-Term Debt/Capital (%)	- -	- -	49.91	- -	35.85	40.85	44.15	47.41	75.64	46.05	6.63	6.95	5.84	4.14	8.34
Long-Term Debt/Total Assets (%)	- -	- -	31.58	- -	17.5	15.26	23.02	21.69	37.73	19.35	2.25	1.93	1.9	1.43	5.16
Total Debt/Equity (%)	- -	- -	99.64	84.6	55.89	69.08	162.42	90.15	310.46	463.51	1,882.33	129.87	26.01	4.32	9.09
Total Debt/Capital (%)	- -	- -	49.91	45.83	35.85	40.85	61.89	47.41	75.64	82.25	94.96	56.5	20.64	4.14	8.34
Total Debt/Total Assets (%)	- -	- -	31.58	24.79	17.5	15.26	32.28	21.69	37.73	34.56	32.26	15.66	6.73	1.43	5.16
CFO/Total Liabilities	43.29	36.57	8.75	25.39	33.55	32.43	21.78	21.09	13.01	15.86	16.48	21.78	21.98	23.59	21.71
CFO/CapEx	5.31	5.1	2.45	10.44	9.08	5.32	9.27	8.05	4.83	12.96	10.29	18.98	20.75	15.04	10.35
Altman's Z-Score	14.16	7.69	4.3	6.77	4.03	3.01	2.95	3.31	2.45	2.51	2.51	4.02	4.96	5.31	8.57

Working Capital (USD)

Working Capital Ratios API ChatGPT

	2012 Y	2013 Y	2014 Y	2015 Y	2016 Y	2017 Y	2018 Y	2019 Y	2020 Y	2021 Y	2022 Y	2023 Y	2024 Y	2025 Y	2026 Y
As of date	07/31/2012	07/31/2013	07/31/2014	07/31/2015	07/31/2016	07/31/2017	07/31/2018	07/31/2019	07/31/2020	07/31/2021	07/31/2022	07/31/2023	07/31/2024	07/31/2025	07/31/2026

Accounts Receivable Turnover	6.77	5.95	5.37	5.34	4.91	4.5	5.06	5.53	4.21	3.74	3.25	2.99	3.16	3.3	3.48
Days Sales Outstanding	53.88	61.33	68.03	68.41	74.28	81.19	72.17	66.05	86.71	97.66	112.22	121.95	115.54	110.51	104.83
Inventory Turnover	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Days Inventory Outstanding	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Accounts Payable Turnover	9.63	8.87	10.62	18.14	17.05	14.5	15.2	13.18	14.6	21.16	18.59	14.67	16.56	14.07	13.04
Accounts Payable Turnover Days	37.89	41.17	34.38	20.12	21.41	25.17	24.02	27.7	25	17.25	19.63	24.88	22.03	25.93	27.99
Cash Conversion Cycle	15.98	20.16	33.64	48.29	52.88	56.02	48.15	38.35	61.72	80.41	92.59	97.07	93.5	84.58	76.83
Inventory to Cash Days	53.88	61.33	68.03	68.41	74.28	81.19	72.17	66.05	86.71	97.66	112.22	121.95	115.54	110.51	104.83
Inventories	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Raw Materials	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Work In Process	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Finished Goods	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Other Inventory	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -

Enterprise Value (USD)

Enterprise Value API ChatGPT

	2012 Y	2013 Y	2014 Y	2015 Y	2016 Y	2017 Y	2018 Y	2019 Y	2020 Y	2021 Y	2022 Y	2023 Y	2024 Y	2025 Y	2026 Y
As of date	07/31/2012	07/31/2013	07/31/2014	07/31/2015	07/31/2016	07/31/2017	07/31/2018	07/31/2019	07/31/2020	07/31/2021	07/31/2022	07/31/2023	07/31/2024	07/31/2025	07/31/2026

Market Capitalization	3,876	3,506	6,431	15,755	11,843	12,056	18,555	21,931	24,643	38,829	49,708	77,063	105,573	115,947	270,441
- Cash & Cash Equivalents	323	311	654	376	734	744	2,507	961	2,958	1,874	2,118	1,135	1,535	2,269	2,514
+ Preferred Equity and Hybrid Capital	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Minority/Non Controlling Interest	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Total Debt	- -	- -	467	487	500	525	1,920	1,430	3,421	3,539	3,953	2,271	1,344	338	2,500
Enterprise Value	3,553	3,087	6,126	15,453	11,057	11,206	17,072	20,558	24,316	39,467	50,027	76,943	104,339	113,381	269,870
Total Capital	229	272	935	1,063	1,395	1,284	3,102	3,016	4,522	4,303	4,163	4,019	6,514	8,162	29,992
Total Debt/Capital (%)	- -	- -	49.91	45.83	35.85	40.85	61.89	47.41	75.64	82.25	94.96	56.5	20.64	4.14	8.34
Total Debt / EV	- -	- -	0.08	0.03	0.05	0.05	0.11	0.07	0.14	0.09	0.08	0.03	0.01	- -	0.01
EV/Sales	13.93	7.79	10.24	16.65	8.02	6.38	7.51	7.09	7.13	9.27	9.09	11.16	13	12.3	23.51
EV/EBITDA	354.42	- -	- -	- -	- -	- -	- -	206.2	897.27	- -	533.33	114.93	107.79	71.49	174.11
EV/EBIT	913.15	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	198.67	152.54	91.22	388.3
EV/Cash Flow to Firm	45.92	26.92	67.81	41.01	16.15	12.5	15.92	17.91	21.45	23.6	24.88	27.54	31.82	30.49	59.27
EV/Free Cash Flow to Firm	38.64	22.52	48.45	37.63	14.6	10.57	14.41	16.07	18.04	22.07	22.7	26.17	30.37	28.59	54.05
Diluted Market Cap	1,118	3,363	6,009	15,166	11,398	11,937	18,179	21,410	24,797	38,469	49,176	85,561	114,958	123,082	253,518
Diluted Enterprise Value	795	3,052	5,822	15,278	11,164	11,718	17,592	21,879	25,259	40,135	51,010	86,697	114,767	121,151	253,504
EV per Share	8.73	7.18	12.84	30.38	20.36	20.41	30.4	35.4	42.08	67.6	83.71	124.79	160.47	169.76	331.13
TTM Sales	255	396	598	928	1,378	1,755	2,274	2,900	3,408	4,256	5,502	6,893	8,027	9,221	11,480
TTM EBITDA	10	-9	-55	-71	-114	-106	-8	100	27	-44	94	670	968	1,586	1,550
TTM Operating Income	4	-19	-74	-100	-157	-166	-104	-54	-179	-304	-189	387	684	1,243	695
TTM Cash Flow to Firm	77	115	90	377	685	896	1,072	1,148	1,134	1,673	2,011	2,793	3,279	3,718	4,553
TTM Free Cash Flow to Firm	92	137	126	411	757	1,060	1,184	1,279	1,348	1,789	2,204	2,940	3,436	3,965	4,993

Multiples (USD)

Valuation Multiples API ChatGPT

	2012 Y	2013 Y	2014 Y	2015 Y	2016 Y	2017 Y	2018 Y	2019 Y	2020 Y	2021 Y	2022 Y	2023 Y	2024 Y	2025 Y	2026 Y
As of date	07/31/2012	07/31/2013	07/31/2014	07/31/2015	07/31/2016	07/31/2017	07/31/2018	07/31/2019	07/31/2020	07/31/2021	07/31/2022	07/31/2023	07/31/2024	07/31/2025	07/31/2026

Price/Free Cash Flow	12.16	24.55	48.26	39.23	15.59	11.57	15.81	18.04	19.84	23.76	22.58	29.26	33.66	31.06	50.77
EV/EBIT	913.15	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	198.67	152.54	91.22	388.3
Enterprise Value	3,553	3,087	6,126	15,453	11,057	11,206	17,072	20,558	24,316	39,467	50,027	76,943	104,339	113,381	269,870
Low Price	8.52	6.51	6.73	12.81	18.51	17.88	21.09	26.68	20.91	36.56	59.73	66.11	100.59	142.01	139.57
EV/Sales	13.93	7.79	10.24	16.65	8.02	6.38	7.51	7.09	7.13	9.27	9.09	11.16	13	12.3	23.51
EV/EBITDA	354.42	- -	- -	- -	- -	- -	- -	206.2	897.27	- -	533.33	114.93	107.79	71.49	174.11
Price/Earnings	1,516.66	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	172.36	40.18	101.5	809.58
Price/Earnings Average	1,486.99	-128.47	-20	-81.82	-69.83	-60.17	-126.44	-246.56	-78.85	-62.29	-188.69	126.88	35.47	107.87	512.3
Price/Earnings High	1,647.3	-170.5	-28.14	-124.65	-88	-73.93	-164.61	-300.74	-92.87	-78.29	-236.52	178.51	47.12	123.01	899.78
Price/Earnings Low	1,357.35	-91.73	-13.24	-47.78	-50.2	-47.88	-94.96	-184.71	-45.53	-42.39	-132.26	91.17	24.89	83.03	340.51
Price/Book Value	16.92	12.87	13.73	27.36	13.23	15.87	15.7	13.83	22.37	50.85	236.71	44.08	20.42	14.82	9.84
Price/Book Value Average	16.59	14.38	10.35	19.38	15.62	16.24	13.34	13.04	18.99	41.08	242.5	32.44	18.03	15.75	6.22
Price/Book Value High	18.38	19.08	14.56	29.53	19.69	19.96	17.37	15.9	22.37	51.63	303.98	45.65	23.95	17.96	10.93
Price/Book Value Low	15.14	10.27	6.85	11.32	11.23	12.92	10.02	9.77	10.97	27.95	169.97	23.31	12.65	12.12	4.14
Price/Tangible Book Value	16.92	12.93	24.22	43.81	17.23	25.81	35.78	-470.62	-23.05	-15.88	-17.01	-51.59	73.08	46.49	-176.18
Price/Tangible Book Value Average	16.59	14.45	18.26	31.03	20.34	26.41	30.41	-443.89	-19.57	-12.83	-17.43	-37.97	64.5	49.41	-111.49
Price/Tangible Book Value High	18.38	19.18	25.69	47.28	25.63	32.45	39.59	-541.42	-23.05	-16.12	-21.85	-53.43	85.7	56.34	-195.81
Price/Tangible Book Value Low	15.14	10.32	12.09	18.12	14.62	21.02	22.84	-332.53	-11.3	-8.73	-12.21	-27.29	45.27	38.03	-74.1
Price/Sales	4.38	8.49	10.04	16.34	8.27	6.8	8	7.38	7.28	9.04	8.94	11	12.91	12.48	21.65
Price/Sales Average	4.3	9.49	7.57	11.57	9.76	6.96	6.8	6.96	6.18	7.3	9.16	8.09	11.39	13.27	13.7
Price/Sales High	4.76	12.59	10.66	17.63	12.3	8.55	8.85	8.49	7.28	9.18	11.48	11.39	15.13	15.13	24.06
Price/Sales Low	3.92	6.77	5.01	6.76	7.02	5.54	5.1	5.22	3.57	4.97	6.42	5.82	8	10.21	9.11
Price/Cash Flow	14.45	29.36	67.97	42.99	17.31	13.74	17.51	20.28	23.94	25.6	24.78	27.29	31.8	30.97	54.59
Price/Cash Flow Average	14.16	32.81	51.25	30.45	20.43	14.06	14.88	19.13	20.33	20.68	25.38	20.09	28.07	32.92	34.54
Price/Cash Flow High	15.69	43.54	72.11	46.39	25.75	17.28	19.38	23.33	23.94	25.99	31.82	28.26	37.29	37.54	60.67
Price/Cash Flow Low	12.93	23.43	33.94	17.78	14.69	11.19	11.18	14.33	11.74	14.07	17.79	14.43	19.7	25.34	22.96
Price/Free Cash Flow Average	11.92	27.43	36.39	27.79	18.41	11.83	13.43	17.02	16.84	19.19	23.14	21.54	29.71	33.01	32.13
Price/Free Cash Flow High	13.21	36.41	51.2	42.33	23.2	14.54	17.49	20.75	19.84	24.13	29	30.31	39.48	37.64	56.43
Price/Free Cash Flow Low	10.88	19.59	24.1	16.23	13.23	9.42	10.09	12.75	9.72	13.06	16.22	15.48	20.85	25.41	21.36
EV/Sales Average	13.63	9.11	7.79	12.14	9.97	6.9	6.68	7.3	6.27	7.76	9.59	8.39	11.59	13.15	14.91
EV/Sales High	15.23	12.34	11.09	18.44	12.61	8.51	8.77	8.86	7.37	9.65	11.94	11.74	15.4	15.03	26.18
EV/Sales Low	12.33	6.28	5.06	7.14	7.12	5.47	4.95	5.51	3.68	5.41	6.82	6.08	8.12	10.08	9.91
EV/EBITDA Average	346.86	-413.22	-85.24	-158.97	-120.06	-114.3	-1,946.7	212.17	789.14	-755.84	562.47	86.43	96.07	76.48	110.4
EV/EBITDA High	387.72	-560.02	-121.31	-241.37	-151.84	-140.93	-2,557.09	257.76	926.42	-940.26	700.11	120.91	127.71	87.38	193.91
EV/EBITDA Low	313.81	-284.86	-55.28	-93.49	-85.74	-90.53	-1,443.25	160.12	462.9	-526.52	400.1	62.58	67.37	58.59	73.38
EV/EBIT Average	893.66	-193.7	-62.92	-112.94	-87.4	-73.07	-145.72	-391.01	-119.47	-108.62	-279.45	149.4	135.96	97.58	246.22
EV/EBIT High	998.95	-262.52	-89.55	-171.47	-110.53	-90.1	-191.41	-475.02	-140.26	-135.12	-347.83	209.01	180.73	111.5	432.46
EV/EBIT Low	808.52	-133.53	-40.81	-66.41	-62.41	-57.88	-108.04	-295.09	-70.08	-75.66	-198.78	108.18	95.34	74.75	163.65
Last Price	9.52	8.16	13.48	30.97	21.81	21.96	33.04	37.76	42.65	66.51	83.18	124.98	162.37	173.6	331.83
High Price	10.34	12.1	14.3	33.42	32.45	27.61	36.56	43.44	42.65	67.53	106.82	129.44	190.42	210.39	368.8
Enterprise Value Average	3,477	3,607	4,662	11,271	13,747	12,116	15,184	21,154	21,386	33,030	52,760	57,862	92,996	121,294	171,120
Enterprise Value High	3,887	4,888	6,636	17,113	17,386	14,938	19,945	25,699	25,106	41,089	65,670	80,948	123,620	138,588	300,558
Enterprise Value Low	3,146	2,487	3,024	6,628	9,817	9,597	11,257	15,964	12,544	23,009	37,529	41,899	65,213	92,917	113,736

Shares Outstanding	407	430	477	509	543	549	562	581	578	584	598	617	650	668	815
Diluted Weighted Avg Shares	117	412	446	490	523	544	550	567	581	578	591	685	708	709	764
Basic Weighted Avg Shares	117	412	446	490	523	544	550	567	581	578	591	606	638	663	749
Revenue per Share	2.17	0.96	1.34	1.9	2.64	3.23	4.13	5.11	5.86	7.36	9.31	11.37	12.58	13.91	15.33
EBITDA per Share	0.09	-0.02	-0.12	-0.14	-0.22	-0.19	-0.01	0.18	0.05	-0.08	0.16	1.1	1.52	2.39	2.07
Operating Income per Share	0.03	-0.05	-0.17	-0.2	-0.3	-0.31	-0.19	-0.1	-0.31	-0.53	-0.32	0.64	1.07	1.87	0.93
Basic EPS, GAAP	0.01	-0.07	-0.51	-0.27	-0.37	-0.37	-0.22	-0.14	-0.46	-0.86	-0.45	0.73	4.04	1.71	0.41
Basic EPS from Cont Ops	0.01	-0.07	-0.51	-0.27	-0.37	-0.37	-0.22	-0.14	-0.46	-0.86	-0.45	0.73	4.04	1.71	0.41
Diluted EPS, GAAP	0.01	-0.07	-0.51	-0.27	-0.37	-0.37	-0.22	-0.14	-0.46	-0.86	-0.45	0.64	3.64	1.6	0.4
Diluted EPS from Cont Ops	0.01	-0.07	-0.51	-0.27	-0.37	-0.37	-0.22	-0.14	-0.46	-0.86	-0.45	0.64	3.64	1.6	0.4
Dividend per Share	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Cash Flow per Share	0.66	0.28	0.2	0.72	1.26	1.6	1.89	1.86	1.78	2.6	3.36	4.58	5.11	5.6	6.08
Free Cash Flow per Basic Share	0.53	0.22	0.12	0.65	1.12	1.3	1.68	1.63	1.41	2.4	3.03	4.34	4.86	5.23	5.49
Cash & Equivalents per Share	0.79	0.98	1.62	1.55	2.37	2.5	6.06	4.83	6.49	4.97	6.08	3.88	3.97	4.35	3.77
Book Value per Share	0.56	0.63	0.98	1.13	1.65	1.38	2.11	2.73	1.91	1.31	0.35	2.84	7.95	11.71	33.73
Tangible Book Value per Share	0.56	0.63	0.56	0.71	1.27	0.85	0.92	-0.08	-1.85	-4.19	-4.89	-2.42	2.22	3.73	-1.88

Palo Alto Networks, Inc.

Profitability (USD)

Credit (USD)

Liquidity (USD)

Working Capital (USD)

Enterprise Value (USD)

Multiples (USD)

Per Share Data Items (USD)