Palo Alto Networks annual debt-to-assets ratio
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2025
Palo Alto Networks Debt-to-Assets Ratio Growth & History (PANW)
Palo Alto Networks's debt-to-assets ratio was 0.02 for fiscal 2025.
View full Palo Alto Networks company overviewPalo Alto Networks annual debt-to-assets ratio history
| Fiscal year | Period ended | Debt-to-assets ratio | Change | Growth |
|---|---|---|---|---|
| 2025 | 2025-07-31 | 0.02 | −0.00 | −20.72% |
| 2024 | 2024-07-31 | 0.02 | −0.14 | −86.11% |
| 2023 | 2023-07-31 | 0.16 | 0.13 | +482.04% |
| 2022 | 2022-07-31 | 0.03 | −0.17 | −86.18% |
| 2021 | 2021-07-31 | 0.20 | −0.18 | −47.90% |
| 2020 | 2020-07-31 | 0.38 | 0.17 | +76.89% |
| 2019 | 2019-07-31 | 0.22 | −0.01 | −5.79% |
| 2018 | 2018-07-31 | 0.23 | 0.08 | +50.88% |
| 2017 | 2017-07-31 | 0.15 | −0.02 | −12.80% |
| 2016 | 2016-07-31 | 0.18 | 0.18 | — |
| 2015 | 2015-07-31 | 0.00 | −0.32 | — |
| 2014 | 2014-07-31 | 0.32 | 0.32 | — |
| 2013 | 2013-07-31 | 0.00 | — | — |
Palo Alto Networks quarterly debt-to-assets ratio
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Q1.14
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Q3.14
Q4.14
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Q2.15
Q3.15
Q4.15
Q1.16
Q2.16
Q3.16
Q4.16
Q1.17
Q2.17
Q3.17
Q4.17
Q1.18
Q2.18
Q3.18
Q4.18
Q1.19
Q2.19
Q3.19
Q4.19
Q1.20
Q2.20
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Q4.20
Q1.21
Q2.21
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Q4.21
Q1.22
Q2.22
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Q4.24
Q1.25
Q2.25
Q3.25
Q4.25
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Q3.26
| Fiscal quarter | Period ended | Debt-to-assets ratio | Change | YoY change |
|---|---|---|---|---|
| Q3 2026 | 2026-04-30 | 0.04 | 0.03 | +162.89% |
| Q2 2026 | 2026-01-31 | 0.01 | −0.00 | −14.04% |
| Q1 2026 | 2025-10-31 | 0.01 | −0.00 | −21.09% |
| Q4 2025 | 2025-07-31 | 0.02 | −0.00 | −20.72% |
| Q3 2025 | 2025-04-30 | 0.02 | −0.00 | −23.82% |
| Q2 2025 | 2025-01-31 | 0.02 | −0.00 | −12.62% |
| Q1 2025 | 2024-10-31 | 0.02 | 0.00 | +0.04% |
| Q4 2024 | 2024-07-31 | 0.02 | −0.14 | −86.11% |
| Q3 2024 | 2024-04-30 | 0.02 | −0.26 | −92.59% |
| Q2 2024 | 2024-01-31 | 0.02 | −0.28 | −93.40% |
| Q1 2024 | 2023-10-31 | 0.02 | −0.30 | −94.10% |
| Q4 2023 | 2023-07-31 | 0.16 | 0.13 | +482.04% |
| Q3 2023 | 2023-04-30 | 0.28 | 0.25 | +1021.31% |
| Q2 2023 | 2023-01-31 | 0.30 | 0.27 | +1006.40% |
| Q1 2023 | 2022-10-31 | 0.32 | 0.29 | +999.49% |
| Q4 2022 | 2022-07-31 | 0.03 | −0.17 | −86.18% |
| Q3 2022 | 2022-04-30 | 0.02 | −0.34 | −93.23% |
| Q2 2022 | 2022-01-31 | 0.03 | −0.18 | −86.77% |
| Q1 2022 | 2021-10-31 | 0.03 | −0.37 | −92.72% |
| Q4 2021 | 2021-07-31 | 0.20 | −0.18 | −47.90% |
| Q3 2021 | 2021-04-30 | 0.37 | 0.08 | +26.96% |
| Q2 2021 | 2021-01-31 | 0.21 | −0.06 | −21.15% |
| Q1 2021 | 2020-10-31 | 0.39 | 0.12 | +43.32% |
| Q4 2020 | 2020-07-31 | 0.38 | 0.17 | +76.89% |
| Q3 2020 | 2020-04-30 | 0.29 | 0.06 | +27.91% |
| Q2 2020 | 2020-01-31 | 0.26 | 0.02 | +6.13% |
| Q1 2020 | 2019-10-31 | 0.28 | 0.04 | +15.36% |
| Q4 2019 | 2019-07-31 | 0.22 | −0.01 | −5.79% |
| Q3 2019 | 2019-04-30 | 0.23 | 0.23 | — |
| Q2 2019 | 2019-01-31 | 0.25 | 0.25 | — |
| Q1 2019 | 2018-10-31 | 0.24 | 0.24 | — |
| Q4 2018 | 2018-07-31 | 0.23 | 0.08 | +50.88% |
| Q3 2018 | 2018-04-30 | 0.00 | −0.16 | — |
| Q2 2018 | 2018-01-31 | 0.00 | −0.16 | — |
| Q1 2018 | 2017-10-31 | 0.00 | 0.00 | — |
| Q4 2017 | 2017-07-31 | 0.15 | −0.02 | −12.80% |
| Q3 2017 | 2017-04-30 | 0.16 | −0.04 | −20.47% |
| Q2 2017 | 2017-01-31 | 0.16 | −0.05 | −24.86% |
| Q1 2017 | 2016-10-31 | 0.00 | −0.24 | — |
| Q4 2016 | 2016-07-31 | 0.18 | 0.18 | — |
| Q3 2016 | 2016-04-30 | 0.20 | 0.20 | — |
| Q2 2016 | 2016-01-31 | 0.21 | −0.07 | −24.67% |
| Q1 2016 | 2015-10-31 | 0.24 | −0.07 | −23.27% |
| Q4 2015 | 2015-07-31 | 0.00 | −0.32 | — |
| Q3 2015 | 2015-04-30 | 0.00 | 0.00 | — |
| Q2 2015 | 2015-01-31 | 0.29 | 0.29 | — |
| Q1 2015 | 2014-10-31 | 0.31 | 0.31 | — |
| Q4 2014 | 2014-07-31 | 0.32 | 0.32 | — |
| Q3 2014 | 2014-04-30 | 0.00 | — | — |
| Q2 2014 | 2014-01-31 | 0.00 | — | — |
| Q1 2014 | 2013-10-31 | 0.00 | — | — |
| Q4 2013 | 2013-07-31 | 0.00 | — | — |
Palo Alto Networks debt-to-assets ratio trends
Over the last five fiscal years, Palo Alto Networks's debt-to-assets ratio decreased from 0.38 to 0.02, a change of −0.37. The latest reported quarter, Q3 2026, shows 0.04.
About the metric
What the debt-to-assets ratio means
The debt-to-assets ratio shows the portion of a company’s reported assets financed with interest-bearing debt. It is a leverage measure and should not be confused with total liabilities divided by assets.
Calculation and source
How debt-to-assets is calculated
TickerStat calculates debt-to-assets as total interest-bearing debt divided by total assets at the same reporting-period end. Periods with missing debt or non-positive assets are omitted. Fiscal periods can differ from calendar years, so exact period-end dates are included.
Review Palo Alto Networks source filings ↗