Analysis of Profitability Ratios
Quarterly Data
Profitability ratios measure the company ability to generate profitable sales from its resources (assets).
Profitability Ratios (Summary)
Palo Alto Networks Inc., profitability ratios (quarterly data)
Based on: 10-Q (reporting date: 2024-01-31), 10-Q (reporting date: 2023-10-31), 10-K (reporting date: 2023-07-31), 10-Q (reporting date: 2023-04-30), 10-Q (reporting date: 2023-01-31), 10-Q (reporting date: 2022-10-31), 10-K (reporting date: 2022-07-31), 10-Q (reporting date: 2022-04-30), 10-Q (reporting date: 2022-01-31), 10-Q (reporting date: 2021-10-31), 10-K (reporting date: 2021-07-31), 10-Q (reporting date: 2021-04-30), 10-Q (reporting date: 2021-01-31), 10-Q (reporting date: 2020-10-31), 10-K (reporting date: 2020-07-31), 10-Q (reporting date: 2020-04-30), 10-Q (reporting date: 2020-01-31), 10-Q (reporting date: 2019-10-31), 10-K (reporting date: 2019-07-31), 10-Q (reporting date: 2019-04-30), 10-Q (reporting date: 2019-01-31), 10-Q (reporting date: 2018-10-31), 10-K (reporting date: 2018-07-31), 10-Q (reporting date: 2018-04-30), 10-Q (reporting date: 2018-01-31), 10-Q (reporting date: 2017-10-31).
| Profitability ratio | Description | The company |
|---|---|---|
| Gross profit margin | Gross profit margin indicates the percentage of revenue available to cover operating and other expenditures. | Palo Alto Networks Inc. gross profit margin ratio improved from Q4 2023 to Q1 2024 and from Q1 2024 to Q2 2024. |
| Operating profit margin | A profitability ratio calculated as operating income divided by revenue. | Palo Alto Networks Inc. operating profit margin ratio improved from Q4 2023 to Q1 2024 but then slightly deteriorated from Q1 2024 to Q2 2024. |
| Net profit margin | An indicator of profitability, calculated as net income divided by revenue. | Palo Alto Networks Inc. net profit margin ratio improved from Q4 2023 to Q1 2024 and from Q1 2024 to Q2 2024. |
| Profitability ratio | Description | The company |
|---|---|---|
| ROE | A profitability ratio calculated as net income divided by shareholders’ equity. | Palo Alto Networks Inc. ROE improved from Q4 2023 to Q1 2024 and from Q1 2024 to Q2 2024. |
| ROA | A profitability ratio calculated as net income divided by total assets. | Palo Alto Networks Inc. ROA improved from Q4 2023 to Q1 2024 and from Q1 2024 to Q2 2024. |
Gross Profit Margin
Palo Alto Networks Inc., gross profit margin calculation (quarterly data)
| Jan 31, 2024 | Oct 31, 2023 | Jul 31, 2023 | Apr 30, 2023 | Jan 31, 2023 | Oct 31, 2022 | Jul 31, 2022 | Apr 30, 2022 | Jan 31, 2022 | Oct 31, 2021 | Jul 31, 2021 | Apr 30, 2021 | Jan 31, 2021 | Oct 31, 2020 | Jul 31, 2020 | Apr 30, 2020 | Jan 31, 2020 | Oct 31, 2019 | Jul 31, 2019 | Apr 30, 2019 | Jan 31, 2019 | Oct 31, 2018 | Jul 31, 2018 | Apr 30, 2018 | Jan 31, 2018 | Oct 31, 2017 | |||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Selected Financial Data (US$ in thousands) | ||||||||||||||||||||||||||||||||||
| Gross profit | 1,476,000) | 1,405,300) | 1,446,500) | 1,246,100) | 1,188,900) | 1,101,500) | 1,058,200) | 946,200) | 911,600) | 866,800) | 860,400) | 743,300) | 709,300) | 668,200) | 660,000) | 611,100) | 583,600) | 554,200) | 588,400) | 521,700) | 508,600) | 472,500) | 473,400) | 407,200) | 383,100) | 364,100) | ||||||||
| Revenue | 1,975,100) | 1,878,100) | 1,953,300) | 1,720,900) | 1,655,100) | 1,563,400) | 1,550,500) | 1,386,700) | 1,316,900) | 1,247,400) | 1,219,300) | 1,073,900) | 1,016,900) | 946,000) | 950,400) | 869,400) | 816,700) | 771,900) | 805,800) | 726,600) | 711,200) | 656,000) | 658,100) | 567,100) | 542,400) | 505,500) | ||||||||
| Profitability Ratio | ||||||||||||||||||||||||||||||||||
| Gross profit margin1 | 74.05% | 73.35% | 72.29% | 70.80% | 69.77% | 69.06% | 68.76% | 69.34% | 69.63% | 69.77% | 70.05% | 69.74% | 70.02% | 70.42% | 70.68% | 71.61% | 72.02% | 72.06% | 72.12% | 71.81% | 71.81% | 71.64% | 71.61% | — | — | — | ||||||||
| Benchmarks | ||||||||||||||||||||||||||||||||||
| Gross Profit Margin, Competitors2 | ||||||||||||||||||||||||||||||||||
| Accenture PLC | 32.58% | 32.50% | 32.34% | 32.25% | 32.12% | 32.02% | 31.99% | 32.26% | 32.30% | 32.35% | 32.38% | 31.99% | 31.66% | 31.81% | 31.53% | 31.36% | 31.28% | 31.08% | 30.81% | 30.61% | 30.31% | 30.10% | 29.91% | — | — | — | ||||||||
| Adobe Inc. | — | 88.08% | 87.87% | 87.89% | 87.77% | 87.66% | 87.70% | 87.76% | 87.87% | 88.04% | 88.18% | 88.17% | 87.87% | 87.45% | 86.62% | 85.96% | 85.60% | 85.19% | 85.03% | 85.16% | 85.55% | 86.04% | 86.77% | — | — | — | ||||||||
| International Business Machines Corp. | — | — | 55.45% | 55.04% | 54.64% | 54.24% | 54.00% | 53.78% | 54.01% | 54.48% | 54.90% | 53.27% | 51.79% | 50.09% | 48.32% | 48.18% | 47.76% | 47.52% | 47.30% | — | — | — | — | — | — | — | ||||||||
| Intuit Inc. | 78.08% | 78.12% | 78.13% | 78.46% | 79.00% | 79.99% | 81.09% | 82.36% | 82.11% | 82.13% | 82.53% | 82.67% | 82.23% | 82.85% | 82.05% | 80.50% | 82.25% | 82.55% | 82.80% | 83.52% | 83.41% | 83.13% | 83.62% | — | — | — | ||||||||
| Microsoft Corp. | 69.75% | 69.44% | 68.92% | 68.45% | 68.16% | 68.26% | 68.40% | 68.73% | 68.83% | 68.86% | 68.93% | 68.38% | 68.35% | 68.27% | 67.78% | 68.17% | 67.71% | 66.56% | 65.90% | 65.44% | 65.10% | 65.21% | 65.25% | — | — | — | ||||||||
| Oracle Corp. | 71.88% | 72.26% | 72.85% | 74.50% | 76.10% | 77.78% | 79.08% | 79.44% | 79.96% | 80.22% | 80.59% | 80.59% | 80.33% | 79.96% | 79.68% | 79.80% | 79.67% | 79.77% | 79.76% | 79.53% | 79.54% | 79.66% | 79.71% | — | — | — | ||||||||
| Salesforce Inc. | 74.52% | 73.78% | 73.34% | 72.69% | 72.61% | 73.10% | 73.48% | 74.02% | 74.34% | 74.32% | 74.41% | 74.47% | 74.62% | 74.90% | 75.23% | 75.01% | 74.77% | 74.32% | 74.02% | — | — | — | — | — | — | — | ||||||||
| ServiceNow Inc. | — | — | 78.59% | 78.52% | 78.50% | 78.45% | 78.29% | 77.85% | 77.53% | 77.26% | 77.05% | 77.27% | 77.59% | 78.01% | 78.16% | 78.22% | 78.04% | 77.57% | 76.98% | — | — | — | — | — | — | — | ||||||||
| Synopsys Inc. | — | 79.33% | 79.08% | 78.79% | 78.51% | 78.91% | 79.07% | 79.48% | 80.05% | 79.78% | 79.50% | 79.11% | 78.93% | 78.81% | 78.44% | 78.56% | 78.04% | 77.69% | 77.60% | 76.98% | 76.50% | 76.43% | 76.42% | — | — | — | ||||||||
Based on: 10-Q (reporting date: 2024-01-31), 10-Q (reporting date: 2023-10-31), 10-K (reporting date: 2023-07-31), 10-Q (reporting date: 2023-04-30), 10-Q (reporting date: 2023-01-31), 10-Q (reporting date: 2022-10-31), 10-K (reporting date: 2022-07-31), 10-Q (reporting date: 2022-04-30), 10-Q (reporting date: 2022-01-31), 10-Q (reporting date: 2021-10-31), 10-K (reporting date: 2021-07-31), 10-Q (reporting date: 2021-04-30), 10-Q (reporting date: 2021-01-31), 10-Q (reporting date: 2020-10-31), 10-K (reporting date: 2020-07-31), 10-Q (reporting date: 2020-04-30), 10-Q (reporting date: 2020-01-31), 10-Q (reporting date: 2019-10-31), 10-K (reporting date: 2019-07-31), 10-Q (reporting date: 2019-04-30), 10-Q (reporting date: 2019-01-31), 10-Q (reporting date: 2018-10-31), 10-K (reporting date: 2018-07-31), 10-Q (reporting date: 2018-04-30), 10-Q (reporting date: 2018-01-31), 10-Q (reporting date: 2017-10-31).
1 Q2 2024 Calculation
Gross profit margin = 100
× (Gross profitQ2 2024
+ Gross profitQ1 2024
+ Gross profitQ4 2023
+ Gross profitQ3 2023)
÷ (RevenueQ2 2024
+ RevenueQ1 2024
+ RevenueQ4 2023
+ RevenueQ3 2023)
= 100 × (1,476,000 + 1,405,300 + 1,446,500 + 1,246,100)
÷ (1,975,100 + 1,878,100 + 1,953,300 + 1,720,900)
= 74.05%
2 Click competitor name to see calculations.
| Profitability ratio | Description | The company |
|---|---|---|
| Gross profit margin | Gross profit margin indicates the percentage of revenue available to cover operating and other expenditures. | Palo Alto Networks Inc. gross profit margin ratio improved from Q4 2023 to Q1 2024 and from Q1 2024 to Q2 2024. |
Operating Profit Margin
Palo Alto Networks Inc., operating profit margin calculation (quarterly data)
| Jan 31, 2024 | Oct 31, 2023 | Jul 31, 2023 | Apr 30, 2023 | Jan 31, 2023 | Oct 31, 2022 | Jul 31, 2022 | Apr 30, 2022 | Jan 31, 2022 | Oct 31, 2021 | Jul 31, 2021 | Apr 30, 2021 | Jan 31, 2021 | Oct 31, 2020 | Jul 31, 2020 | Apr 30, 2020 | Jan 31, 2020 | Oct 31, 2019 | Jul 31, 2019 | Apr 30, 2019 | Jan 31, 2019 | Oct 31, 2018 | Jul 31, 2018 | Apr 30, 2018 | Jan 31, 2018 | Oct 31, 2017 | |||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Selected Financial Data (US$ in thousands) | ||||||||||||||||||||||||||||||||||
| Operating income (loss) | 53,600) | 215,200) | 253,500) | 78,700) | 39,900) | 15,200) | 15,400) | (47,600) | (73,900) | (82,700) | (60,400) | (110,400) | (88,800) | (44,500) | (17,800) | (56,500) | (52,900) | (51,800) | (9,900) | (18,700) | 6,600) | (32,100) | 8,600) | (51,600) | (31,800) | (54,300) | ||||||||
| Revenue | 1,975,100) | 1,878,100) | 1,953,300) | 1,720,900) | 1,655,100) | 1,563,400) | 1,550,500) | 1,386,700) | 1,316,900) | 1,247,400) | 1,219,300) | 1,073,900) | 1,016,900) | 946,000) | 950,400) | 869,400) | 816,700) | 771,900) | 805,800) | 726,600) | 711,200) | 656,000) | 658,100) | 567,100) | 542,400) | 505,500) | ||||||||
| Profitability Ratio | ||||||||||||||||||||||||||||||||||
| Operating profit margin1 | 7.98% | 8.15% | 5.62% | 2.30% | 0.37% | -1.56% | -3.43% | -5.12% | -6.74% | -7.51% | -7.15% | -6.56% | -5.49% | -4.79% | -5.25% | -5.24% | -4.27% | -2.45% | -1.87% | -1.29% | -2.64% | -4.41% | -5.68% | — | — | — | ||||||||
| Benchmarks | ||||||||||||||||||||||||||||||||||
| Operating Profit Margin, Competitors2 | ||||||||||||||||||||||||||||||||||
| Accenture PLC | 13.76% | 13.60% | 13.74% | 14.42% | 14.90% | 15.27% | 15.21% | 15.20% | 15.12% | 15.19% | 15.08% | 15.03% | 14.89% | 14.84% | 14.69% | 14.68% | 14.66% | 14.65% | 14.59% | 14.45% | 14.31% | 14.20% | 14.04% | — | — | — | ||||||||
| Adobe Inc. | — | 29.95% | 34.26% | 33.95% | 33.64% | 33.91% | 34.64% | 35.45% | 36.25% | 36.72% | 36.76% | 36.53% | 35.75% | 34.75% | 32.93% | 32.10% | 31.36% | 30.10% | 29.25% | 28.36% | 28.55% | 29.65% | 31.45% | — | — | — | ||||||||
| International Business Machines Corp. | — | — | 15.17% | 14.58% | 13.88% | 13.49% | 13.50% | 12.92% | 12.77% | 12.30% | 11.97% | 9.12% | 10.13% | 10.39% | 9.22% | 12.21% | 11.50% | 11.73% | 13.67% | — | — | — | — | — | — | — | ||||||||
| Intuit Inc. | 23.00% | 22.86% | 21.86% | 21.67% | 19.48% | 18.41% | 20.20% | 23.68% | 22.49% | 24.10% | 25.95% | 29.04% | 26.95% | 30.30% | 28.34% | 22.46% | 26.81% | 27.03% | 27.33% | 28.42% | 27.32% | 25.34% | 25.10% | — | — | — | ||||||||
| Microsoft Corp. | 44.17% | 43.01% | 41.77% | 40.85% | 40.58% | 41.69% | 42.06% | 42.56% | 42.52% | 42.14% | 41.59% | 40.15% | 39.24% | 38.17% | 37.03% | 37.46% | 36.74% | 35.20% | 34.14% | 33.49% | 32.82% | 32.47% | 31.77% | — | — | — | ||||||||
| Oracle Corp. | 27.73% | 27.01% | 26.21% | 28.06% | 30.42% | 22.92% | 25.74% | 26.22% | 26.62% | 37.78% | 37.58% | 37.74% | 37.13% | 36.29% | 35.57% | 34.82% | 34.65% | 34.49% | 34.26% | 34.47% | 34.36% | 34.23% | 34.34% | — | — | — | ||||||||
| Salesforce Inc. | 8.18% | 4.42% | 3.29% | 1.64% | 0.26% | 0.77% | 2.07% | 3.67% | 4.69% | 4.25% | 2.14% | 1.11% | 0.35% | -0.29% | 1.74% | 2.97% | 3.37% | 3.95% | 4.03% | — | — | — | — | — | — | — | ||||||||
| ServiceNow Inc. | — | — | 8.49% | 7.64% | 6.32% | 5.41% | 4.90% | 3.40% | 3.30% | 3.95% | 4.36% | 4.34% | 4.55% | 5.10% | 4.40% | 4.96% | 4.97% | 2.88% | 1.22% | — | — | — | — | — | — | — | ||||||||
| Synopsys Inc. | — | 22.40% | 21.72% | 19.11% | 18.81% | 20.70% | 22.87% | 22.93% | 23.18% | 20.72% | 17.48% | 18.17% | 18.81% | 17.82% | 16.83% | 15.77% | 13.85% | 13.64% | 15.48% | 13.68% | 12.02% | 12.61% | 11.54% | — | — | — | ||||||||
Based on: 10-Q (reporting date: 2024-01-31), 10-Q (reporting date: 2023-10-31), 10-K (reporting date: 2023-07-31), 10-Q (reporting date: 2023-04-30), 10-Q (reporting date: 2023-01-31), 10-Q (reporting date: 2022-10-31), 10-K (reporting date: 2022-07-31), 10-Q (reporting date: 2022-04-30), 10-Q (reporting date: 2022-01-31), 10-Q (reporting date: 2021-10-31), 10-K (reporting date: 2021-07-31), 10-Q (reporting date: 2021-04-30), 10-Q (reporting date: 2021-01-31), 10-Q (reporting date: 2020-10-31), 10-K (reporting date: 2020-07-31), 10-Q (reporting date: 2020-04-30), 10-Q (reporting date: 2020-01-31), 10-Q (reporting date: 2019-10-31), 10-K (reporting date: 2019-07-31), 10-Q (reporting date: 2019-04-30), 10-Q (reporting date: 2019-01-31), 10-Q (reporting date: 2018-10-31), 10-K (reporting date: 2018-07-31), 10-Q (reporting date: 2018-04-30), 10-Q (reporting date: 2018-01-31), 10-Q (reporting date: 2017-10-31).
1 Q2 2024 Calculation
Operating profit margin = 100
× (Operating income (loss)Q2 2024
+ Operating income (loss)Q1 2024
+ Operating income (loss)Q4 2023
+ Operating income (loss)Q3 2023)
÷ (RevenueQ2 2024
+ RevenueQ1 2024
+ RevenueQ4 2023
+ RevenueQ3 2023)
= 100 × (53,600 + 215,200 + 253,500 + 78,700)
÷ (1,975,100 + 1,878,100 + 1,953,300 + 1,720,900)
= 7.98%
2 Click competitor name to see calculations.
| Profitability ratio | Description | The company |
|---|---|---|
| Operating profit margin | A profitability ratio calculated as operating income divided by revenue. | Palo Alto Networks Inc. operating profit margin ratio improved from Q4 2023 to Q1 2024 but then slightly deteriorated from Q1 2024 to Q2 2024. |
Net Profit Margin
Palo Alto Networks Inc., net profit margin calculation (quarterly data)
| Jan 31, 2024 | Oct 31, 2023 | Jul 31, 2023 | Apr 30, 2023 | Jan 31, 2023 | Oct 31, 2022 | Jul 31, 2022 | Apr 30, 2022 | Jan 31, 2022 | Oct 31, 2021 | Jul 31, 2021 | Apr 30, 2021 | Jan 31, 2021 | Oct 31, 2020 | Jul 31, 2020 | Apr 30, 2020 | Jan 31, 2020 | Oct 31, 2019 | Jul 31, 2019 | Apr 30, 2019 | Jan 31, 2019 | Oct 31, 2018 | Jul 31, 2018 | Apr 30, 2018 | Jan 31, 2018 | Oct 31, 2017 | |||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Selected Financial Data (US$ in thousands) | ||||||||||||||||||||||||||||||||||
| Net income (loss) | 1,746,900) | 194,200) | 227,700) | 107,800) | 84,200) | 20,000) | 3,300) | (73,200) | (93,500) | (103,600) | (119,300) | (145,100) | (142,300) | (92,200) | (58,900) | (74,800) | (73,700) | (59,600) | (20,800) | (20,200) | (2,600) | (38,300) | (2,300) | (46,700) | (34,900) | (64,000) | ||||||||
| Revenue | 1,975,100) | 1,878,100) | 1,953,300) | 1,720,900) | 1,655,100) | 1,563,400) | 1,550,500) | 1,386,700) | 1,316,900) | 1,247,400) | 1,219,300) | 1,073,900) | 1,016,900) | 946,000) | 950,400) | 869,400) | 816,700) | 771,900) | 805,800) | 726,600) | 711,200) | 656,000) | 658,100) | 567,100) | 542,400) | 505,500) | ||||||||
| Profitability Ratio | ||||||||||||||||||||||||||||||||||
| Net profit margin1 | 30.24% | 8.52% | 6.38% | 3.32% | 0.56% | -2.46% | -4.85% | -7.54% | -9.50% | -11.20% | -11.72% | -11.00% | -9.73% | -8.36% | -7.83% | -7.01% | -5.58% | -3.42% | -2.82% | -2.30% | -3.47% | -5.04% | -6.51% | — | — | — | ||||||||
| Benchmarks | ||||||||||||||||||||||||||||||||||
| Net Profit Margin, Competitors2 | ||||||||||||||||||||||||||||||||||
| Accenture PLC | 10.89% | 10.65% | 10.72% | 11.27% | 10.99% | 11.30% | 11.17% | 11.12% | 11.27% | 11.53% | 11.69% | 12.05% | 11.95% | 11.74% | 11.52% | 11.11% | 11.13% | 11.06% | 11.06% | 10.93% | 10.51% | 9.99% | 9.76% | — | — | — | ||||||||
| Adobe Inc. | — | 24.08% | 27.97% | 27.12% | 26.34% | 26.32% | 27.01% | 28.00% | 29.29% | 29.90% | 30.55% | 38.67% | 38.79% | 40.68% | 40.88% | 31.05% | 30.71% | 27.72% | 26.42% | 26.10% | 26.25% | 28.08% | 28.69% | — | — | — | ||||||||
| International Business Machines Corp. | — | — | 12.13% | 11.32% | 3.34% | 3.03% | 2.71% | 2.08% | 9.36% | 9.46% | 10.01% | 7.81% | 8.16% | 7.76% | 7.59% | 10.53% | 10.43% | 11.78% | 12.22% | — | — | — | — | — | — | — | ||||||||
| Intuit Inc. | 18.35% | 17.53% | 16.59% | 15.91% | 14.22% | 14.10% | 16.23% | 19.44% | 19.03% | 20.28% | 21.41% | 23.93% | 22.64% | 25.10% | 23.78% | 19.50% | 22.88% | 22.79% | 22.95% | 24.34% | 22.89% | 20.71% | 20.31% | — | — | — | ||||||||
| Microsoft Corp. | 36.27% | 35.31% | 34.15% | 33.25% | 33.05% | 34.37% | 36.69% | 37.63% | 38.50% | 38.51% | 36.45% | 35.02% | 33.47% | 32.29% | 30.96% | 33.36% | 33.02% | 31.66% | 31.18% | 28.58% | 28.31% | 16.38% | 15.02% | — | — | — | ||||||||
| Oracle Corp. | 19.63% | 18.40% | 17.02% | 17.46% | 19.09% | 13.15% | 15.83% | 18.08% | 24.79% | 34.16% | 33.96% | 32.32% | 26.34% | 26.13% | 25.94% | 27.06% | 27.62% | 27.71% | 28.05% | 27.13% | 10.01% | 9.74% | 9.60% | — | — | — | ||||||||
| Salesforce Inc. | 4.77% | 1.18% | 0.66% | 0.92% | 1.83% | 3.59% | 5.45% | 6.96% | 9.99% | 19.87% | 19.16% | 17.53% | 12.21% | -0.92% | 0.74% | 4.64% | 6.45% | 8.26% | 8.36% | — | — | — | — | — | — | — | ||||||||
| ServiceNow Inc. | — | — | 19.30% | 18.72% | 17.76% | 5.25% | 4.49% | 2.90% | 2.79% | 3.56% | 3.90% | 3.99% | 3.30% | 3.15% | 2.62% | 16.60% | 18.42% | 18.20% | 18.11% | — | — | — | — | — | — | — | ||||||||
| Synopsys Inc. | — | 22.96% | 21.05% | 18.71% | 17.41% | 18.22% | 19.38% | 20.86% | 21.19% | 20.18% | 18.02% | 18.48% | 20.27% | 18.91% | 18.03% | 17.88% | 13.96% | 14.31% | 15.84% | 18.94% | 18.74% | 18.59% | 13.86% | — | — | — | ||||||||
Based on: 10-Q (reporting date: 2024-01-31), 10-Q (reporting date: 2023-10-31), 10-K (reporting date: 2023-07-31), 10-Q (reporting date: 2023-04-30), 10-Q (reporting date: 2023-01-31), 10-Q (reporting date: 2022-10-31), 10-K (reporting date: 2022-07-31), 10-Q (reporting date: 2022-04-30), 10-Q (reporting date: 2022-01-31), 10-Q (reporting date: 2021-10-31), 10-K (reporting date: 2021-07-31), 10-Q (reporting date: 2021-04-30), 10-Q (reporting date: 2021-01-31), 10-Q (reporting date: 2020-10-31), 10-K (reporting date: 2020-07-31), 10-Q (reporting date: 2020-04-30), 10-Q (reporting date: 2020-01-31), 10-Q (reporting date: 2019-10-31), 10-K (reporting date: 2019-07-31), 10-Q (reporting date: 2019-04-30), 10-Q (reporting date: 2019-01-31), 10-Q (reporting date: 2018-10-31), 10-K (reporting date: 2018-07-31), 10-Q (reporting date: 2018-04-30), 10-Q (reporting date: 2018-01-31), 10-Q (reporting date: 2017-10-31).
1 Q2 2024 Calculation
Net profit margin = 100
× (Net income (loss)Q2 2024
+ Net income (loss)Q1 2024
+ Net income (loss)Q4 2023
+ Net income (loss)Q3 2023)
÷ (RevenueQ2 2024
+ RevenueQ1 2024
+ RevenueQ4 2023
+ RevenueQ3 2023)
= 100 × (1,746,900 + 194,200 + 227,700 + 107,800)
÷ (1,975,100 + 1,878,100 + 1,953,300 + 1,720,900)
= 30.24%
2 Click competitor name to see calculations.
| Profitability ratio | Description | The company |
|---|---|---|
| Net profit margin | An indicator of profitability, calculated as net income divided by revenue. | Palo Alto Networks Inc. net profit margin ratio improved from Q4 2023 to Q1 2024 and from Q1 2024 to Q2 2024. |
Return on Equity (ROE)
Palo Alto Networks Inc., ROE calculation (quarterly data)
| Jan 31, 2024 | Oct 31, 2023 | Jul 31, 2023 | Apr 30, 2023 | Jan 31, 2023 | Oct 31, 2022 | Jul 31, 2022 | Apr 30, 2022 | Jan 31, 2022 | Oct 31, 2021 | Jul 31, 2021 | Apr 30, 2021 | Jan 31, 2021 | Oct 31, 2020 | Jul 31, 2020 | Apr 30, 2020 | Jan 31, 2020 | Oct 31, 2019 | Jul 31, 2019 | Apr 30, 2019 | Jan 31, 2019 | Oct 31, 2018 | Jul 31, 2018 | Apr 30, 2018 | Jan 31, 2018 | Oct 31, 2017 | |||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Selected Financial Data (US$ in thousands) | ||||||||||||||||||||||||||||||||||
| Net income (loss) | 1,746,900) | 194,200) | 227,700) | 107,800) | 84,200) | 20,000) | 3,300) | (73,200) | (93,500) | (103,600) | (119,300) | (145,100) | (142,300) | (92,200) | (58,900) | (74,800) | (73,700) | (59,600) | (20,800) | (20,200) | (2,600) | (38,300) | (2,300) | (46,700) | (34,900) | (64,000) | ||||||||
| Stockholders’ equity | 4,357,200) | 2,170,500) | 1,748,400) | 1,232,400) | 729,000) | 508,000) | 210,000) | 337,600) | 117,800) | 518,900) | 634,500) | 997,200) | 1,037,300) | 747,000) | 1,101,800) | 744,700) | 1,608,500) | 1,516,400) | 1,586,300) | 1,453,500) | 1,071,800) | 1,253,000) | 966,400) | 722,100) | 633,100) | 665,500) | ||||||||
| Profitability Ratio | ||||||||||||||||||||||||||||||||||
| ROE1 | 52.25% | 28.28% | 25.15% | 17.47% | 4.71% | -28.23% | -127.14% | -115.40% | -391.77% | -98.34% | -78.63% | -43.97% | -35.50% | -40.11% | -24.23% | -30.74% | -10.84% | -6.81% | -5.16% | -4.36% | -8.39% | -9.75% | -15.30% | — | — | — | ||||||||
| Benchmarks | ||||||||||||||||||||||||||||||||||
| ROE, Competitors2 | ||||||||||||||||||||||||||||||||||
| Accenture PLC | 25.92% | 25.79% | 26.75% | 28.28% | 29.20% | 30.69% | 31.11% | 30.99% | 31.09% | 30.45% | 30.25% | 29.87% | 29.81% | 29.33% | 30.05% | 30.91% | 32.13% | 32.05% | 33.17% | 34.05% | 33.53% | 33.21% | 39.17% | — | — | — | ||||||||
| Adobe Inc. | — | 31.05% | 32.86% | 32.46% | 32.71% | 33.35% | 33.85% | 33.49% | 34.96% | 35.04% | 32.59% | 40.51% | 40.30% | 41.09% | 39.66% | 32.97% | 34.00% | 30.89% | 28.03% | 27.12% | 26.70% | 27.17% | 27.67% | — | — | — | ||||||||
| International Business Machines Corp. | — | — | 33.29% | 30.00% | 9.12% | 8.48% | 7.47% | 6.29% | 28.79% | 28.98% | 30.38% | 21.44% | 24.31% | 25.11% | 27.14% | 37.27% | 38.33% | 45.08% | 45.25% | — | — | — | — | — | — | — | ||||||||
| Intuit Inc. | 16.38% | 15.21% | 13.81% | 12.73% | 12.28% | 11.69% | 12.57% | 14.75% | 13.93% | 21.49% | 20.89% | 21.37% | 19.70% | 37.50% | 35.76% | 28.21% | 43.76% | 43.49% | 41.53% | 40.54% | 52.65% | 45.36% | 51.44% | — | — | — | ||||||||
| Microsoft Corp. | 34.64% | 34.93% | 35.09% | 35.45% | 36.83% | 40.21% | 43.68% | 44.47% | 44.49% | 44.67% | 43.15% | 41.65% | 39.40% | 38.49% | 37.43% | 40.41% | 40.25% | 38.75% | 38.35% | 36.82% | 36.41% | 21.89% | 20.03% | — | — | — | ||||||||
| Oracle Corp. | 262.21% | 395.57% | 792.45% | — | — | — | — | — | — | — | 262.43% | 144.16% | 131.11% | 107.99% | 83.94% | 75.58% | 70.25% | 59.43% | 50.87% | 45.33% | 13.02% | 10.19% | 8.37% | — | — | — | ||||||||
| Salesforce Inc. | 2.72% | 0.66% | 0.36% | 0.47% | 0.89% | 1.70% | 2.48% | 3.05% | 4.24% | 10.44% | 9.81% | 8.82% | 6.16% | -0.48% | 0.37% | 2.21% | 5.53% | 7.04% | 7.11% | — | — | — | — | — | — | — | ||||||||
| ServiceNow Inc. | — | — | 22.69% | 22.08% | 20.56% | 7.14% | 6.46% | 4.44% | 4.39% | 5.58% | 6.22% | 6.24% | 5.21% | 5.01% | 4.18% | 26.20% | 29.38% | 29.85% | 29.45% | — | — | — | — | — | — | — | ||||||||
| Synopsys Inc. | — | 21.10% | 20.01% | 17.36% | 15.79% | 16.72% | 17.85% | 18.42% | 18.13% | 16.87% | 14.31% | 14.63% | 15.88% | 14.80% | 13.54% | 13.66% | 11.10% | 11.64% | 13.04% | 15.91% | 15.49% | 15.61% | 12.43% | — | — | — | ||||||||
Based on: 10-Q (reporting date: 2024-01-31), 10-Q (reporting date: 2023-10-31), 10-K (reporting date: 2023-07-31), 10-Q (reporting date: 2023-04-30), 10-Q (reporting date: 2023-01-31), 10-Q (reporting date: 2022-10-31), 10-K (reporting date: 2022-07-31), 10-Q (reporting date: 2022-04-30), 10-Q (reporting date: 2022-01-31), 10-Q (reporting date: 2021-10-31), 10-K (reporting date: 2021-07-31), 10-Q (reporting date: 2021-04-30), 10-Q (reporting date: 2021-01-31), 10-Q (reporting date: 2020-10-31), 10-K (reporting date: 2020-07-31), 10-Q (reporting date: 2020-04-30), 10-Q (reporting date: 2020-01-31), 10-Q (reporting date: 2019-10-31), 10-K (reporting date: 2019-07-31), 10-Q (reporting date: 2019-04-30), 10-Q (reporting date: 2019-01-31), 10-Q (reporting date: 2018-10-31), 10-K (reporting date: 2018-07-31), 10-Q (reporting date: 2018-04-30), 10-Q (reporting date: 2018-01-31), 10-Q (reporting date: 2017-10-31).
1 Q2 2024 Calculation
ROE = 100
× (Net income (loss)Q2 2024
+ Net income (loss)Q1 2024
+ Net income (loss)Q4 2023
+ Net income (loss)Q3 2023)
÷ Stockholders’ equity
= 100 × (1,746,900 + 194,200 + 227,700 + 107,800)
÷ 4,357,200 = 52.25%
2 Click competitor name to see calculations.
| Profitability ratio | Description | The company |
|---|---|---|
| ROE | A profitability ratio calculated as net income divided by shareholders’ equity. | Palo Alto Networks Inc. ROE improved from Q4 2023 to Q1 2024 and from Q1 2024 to Q2 2024. |
Return on Assets (ROA)
Palo Alto Networks Inc., ROA calculation (quarterly data)
| Jan 31, 2024 | Oct 31, 2023 | Jul 31, 2023 | Apr 30, 2023 | Jan 31, 2023 | Oct 31, 2022 | Jul 31, 2022 | Apr 30, 2022 | Jan 31, 2022 | Oct 31, 2021 | Jul 31, 2021 | Apr 30, 2021 | Jan 31, 2021 | Oct 31, 2020 | Jul 31, 2020 | Apr 30, 2020 | Jan 31, 2020 | Oct 31, 2019 | Jul 31, 2019 | Apr 30, 2019 | Jan 31, 2019 | Oct 31, 2018 | Jul 31, 2018 | Apr 30, 2018 | Jan 31, 2018 | Oct 31, 2017 | |||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Selected Financial Data (US$ in thousands) | ||||||||||||||||||||||||||||||||||
| Net income (loss) | 1,746,900) | 194,200) | 227,700) | 107,800) | 84,200) | 20,000) | 3,300) | (73,200) | (93,500) | (103,600) | (119,300) | (145,100) | (142,300) | (92,200) | (58,900) | (74,800) | (73,700) | (59,600) | (20,800) | (20,200) | (2,600) | (38,300) | (2,300) | (46,700) | (34,900) | (64,000) | ||||||||
| Total assets | 18,292,000) | 14,808,500) | 14,501,100) | 14,170,500) | 13,163,400) | 12,543,800) | 12,253,600) | 11,100,000) | 10,400,500) | 10,426,400) | 10,241,600) | 9,562,100) | 9,488,400) | 8,726,500) | 9,065,400) | 6,501,800) | 7,184,100) | 6,824,800) | 6,592,200) | 6,261,800) | 5,707,500) | 5,801,500) | 5,823,000) | 3,908,300) | 3,627,500) | 3,486,500) | ||||||||
| Profitability Ratio | ||||||||||||||||||||||||||||||||||
| ROA1 | 12.45% | 4.15% | 3.03% | 1.52% | 0.26% | -1.14% | -2.18% | -3.51% | -4.44% | -4.89% | -4.87% | -4.59% | -3.88% | -3.43% | -2.95% | -3.52% | -2.43% | -1.51% | -1.24% | -1.01% | -1.58% | -2.11% | -2.54% | — | — | — | ||||||||
| Benchmarks | ||||||||||||||||||||||||||||||||||
| ROA, Competitors2 | ||||||||||||||||||||||||||||||||||
| Accenture PLC | 13.70% | 13.35% | 13.41% | 14.29% | 14.54% | 14.97% | 14.55% | 14.38% | 14.42% | 14.19% | 13.68% | 13.72% | 13.65% | 13.72% | 13.78% | 14.12% | 14.84% | 14.66% | 16.04% | 16.62% | 16.33% | 15.77% | 16.61% | — | — | — | ||||||||
| Adobe Inc. | — | 16.70% | 18.23% | 17.60% | 17.44% | 17.76% | 17.51% | 18.00% | 18.57% | 18.58% | 17.70% | 22.33% | 21.82% | 22.28% | 21.66% | 17.23% | 17.13% | 15.24% | 14.22% | 13.85% | 13.48% | 13.75% | 13.80% | — | — | — | ||||||||
| International Business Machines Corp. | — | — | 5.55% | 5.35% | 1.53% | 1.37% | 1.29% | 1.00% | 4.38% | 4.14% | 4.35% | 3.30% | 3.63% | 3.61% | 3.58% | 5.13% | 5.11% | 5.88% | 6.20% | — | — | — | — | — | — | — | ||||||||
| Intuit Inc. | 9.33% | 9.07% | 8.58% | 7.74% | 7.15% | 6.93% | 7.45% | 8.77% | 8.26% | 14.07% | 13.29% | 13.50% | 11.97% | 20.26% | 16.70% | 17.22% | 24.34% | 25.55% | 24.78% | 23.85% | 27.59% | 25.61% | 23.39% | — | — | — | ||||||||
| Microsoft Corp. | 17.54% | 17.29% | 17.56% | 18.16% | 18.50% | 19.40% | 19.94% | 21.03% | 20.91% | 20.24% | 18.36% | 18.13% | 16.87% | 15.78% | 14.70% | 16.21% | 15.67% | 14.73% | 13.69% | 13.27% | 12.96% | 7.30% | 6.40% | — | — | — | ||||||||
| Oracle Corp. | 7.55% | 6.86% | 6.33% | 6.36% | 6.85% | 4.46% | 6.15% | 6.96% | 9.60% | 11.35% | 10.48% | 10.86% | 9.44% | 9.03% | 8.78% | 11.13% | 11.11% | 10.31% | 10.20% | 9.82% | 3.36% | 3.02% | 2.79% | — | — | — | ||||||||
| Salesforce Inc. | 1.71% | 0.41% | 0.21% | 0.30% | 0.57% | 1.08% | 1.52% | 1.99% | 2.65% | 6.85% | 6.14% | 6.01% | 4.10% | -0.31% | 0.23% | 1.47% | 2.85% | 3.49% | 3.61% | — | — | — | — | — | — | — | ||||||||
| ServiceNow Inc. | — | — | 9.96% | 10.51% | 9.54% | 2.94% | 2.44% | 1.81% | 1.66% | 2.03% | 2.13% | 2.33% | 1.86% | 1.73% | 1.36% | 9.09% | 11.17% | 10.92% | 10.41% | — | — | — | — | — | — | — | ||||||||
| Synopsys Inc. | — | 13.33% | 11.90% | 10.42% | 9.40% | 9.85% | 10.45% | 11.07% | 10.95% | 10.21% | 8.66% | 8.88% | 9.69% | 9.02% | 8.27% | 8.19% | 6.48% | 6.70% | 8.31% | 10.17% | 9.77% | 9.30% | 7.04% | — | — | — | ||||||||
Based on: 10-Q (reporting date: 2024-01-31), 10-Q (reporting date: 2023-10-31), 10-K (reporting date: 2023-07-31), 10-Q (reporting date: 2023-04-30), 10-Q (reporting date: 2023-01-31), 10-Q (reporting date: 2022-10-31), 10-K (reporting date: 2022-07-31), 10-Q (reporting date: 2022-04-30), 10-Q (reporting date: 2022-01-31), 10-Q (reporting date: 2021-10-31), 10-K (reporting date: 2021-07-31), 10-Q (reporting date: 2021-04-30), 10-Q (reporting date: 2021-01-31), 10-Q (reporting date: 2020-10-31), 10-K (reporting date: 2020-07-31), 10-Q (reporting date: 2020-04-30), 10-Q (reporting date: 2020-01-31), 10-Q (reporting date: 2019-10-31), 10-K (reporting date: 2019-07-31), 10-Q (reporting date: 2019-04-30), 10-Q (reporting date: 2019-01-31), 10-Q (reporting date: 2018-10-31), 10-K (reporting date: 2018-07-31), 10-Q (reporting date: 2018-04-30), 10-Q (reporting date: 2018-01-31), 10-Q (reporting date: 2017-10-31).
1 Q2 2024 Calculation
ROA = 100
× (Net income (loss)Q2 2024
+ Net income (loss)Q1 2024
+ Net income (loss)Q4 2023
+ Net income (loss)Q3 2023)
÷ Total assets
= 100 × (1,746,900 + 194,200 + 227,700 + 107,800)
÷ 18,292,000 = 12.45%
2 Click competitor name to see calculations.
| Profitability ratio | Description | The company |
|---|---|---|
| ROA | A profitability ratio calculated as net income divided by total assets. | Palo Alto Networks Inc. ROA improved from Q4 2023 to Q1 2024 and from Q1 2024 to Q2 2024. |