Debt to Equity
since 2012
Calculation
Palo Alto Networks Inc., debt to equity, long-term trends, calculation
| Debt to equity | = | Convertible senior notes, net1 | ÷ | Stockholders’ equity1 | |
|---|---|---|---|---|---|
| Jul 31, 2024 | 0.19 | = | 963,900) | ÷ | 5,169,700) |
| Jul 31, 2023 | 1.14 | = | 1,991,500) | ÷ | 1,748,400) |
| Jul 31, 2022 | 17.51 | = | 3,676,800) | ÷ | 210,000) |
| Jul 31, 2021 | 5.08 | = | 3,226,000) | ÷ | 634,500) |
| Jul 31, 2020 | 2.80 | = | 3,084,100) | ÷ | 1,101,800) |
| Jul 31, 2019 | 0.90 | = | 1,430,000) | ÷ | 1,586,300) |
| Jul 31, 2018 | 1.99 | = | 1,920,100) | ÷ | 966,400) |
| Jul 31, 2017 | 0.69 | = | 524,700) | ÷ | 759,600) |
| Jul 31, 2016 | 0.64 | = | 508,200) | ÷ | 789,900) |
| Jul 31, 2015 | 1.00 | = | 487,084) | ÷ | 487,899) |
| Jul 31, 2014 | 1.00 | = | 466,875) | ÷ | 468,583) |
| Jul 31, 2013 | 0.00 | = | —) | ÷ | 272,420) |
| Jul 31, 2012 | 0.00 | = | —) | ÷ | 229,071) |
Based on: 10-K (reporting date: 2024-07-31), 10-K (reporting date: 2023-07-31), 10-K (reporting date: 2022-07-31), 10-K (reporting date: 2021-07-31), 10-K (reporting date: 2020-07-31), 10-K (reporting date: 2019-07-31), 10-K (reporting date: 2018-07-31), 10-K (reporting date: 2017-07-31), 10-K (reporting date: 2016-07-31), 10-K (reporting date: 2015-07-31), 10-K (reporting date: 2014-07-31), 10-K (reporting date: 2013-07-31), 10-K (reporting date: 2012-07-31).
1 US$ in thousands
Comparison to Competitors
Palo Alto Networks Inc., debt to equity, long-term trends, comparison to competitors
| Palo Alto Networks Inc. | Accenture PLC | Adobe Inc. | Autodesk Inc. | Cadence Design Systems Inc. | CrowdStrike Holdings Inc. | International Business Machines Corp. | Intuit Inc. | Microsoft Corp. | Oracle Corp. | Palantir Technologies Inc. | Salesforce Inc. | ServiceNow Inc. | Synopsys Inc. | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Jul 31, 2024 | 0.19 | 0.04 | — | 1.23 | — | 0.32 | — | 0.33 | 0.29 | 9.98 | — | 0.17 | — | 0.00 |
| Jul 31, 2023 | 1.14 | 0.01 | 0.22 | 1.99 | 0.19 | 0.51 | 2.51 | 0.35 | 0.31 | 84.33 | 0.00 | 0.20 | 0.20 | 0.00 |
| Jul 31, 2022 | 17.51 | 0.00 | 0.29 | 3.09 | 0.27 | 0.72 | 2.32 | 0.42 | 0.39 | — | 0.00 | 0.19 | 0.30 | 0.00 |
| Jul 31, 2021 | 5.08 | 0.00 | 0.28 | 1.70 | 0.13 | 0.85 | 2.74 | 0.21 | 0.50 | 16.08 | 0.00 | 0.07 | 0.43 | 0.02 |
| Jul 31, 2020 | 2.80 | 0.00 | 0.31 | — | 0.14 | 0.00 | 2.99 | 0.66 | 0.62 | 5.93 | 0.13 | 0.09 | 0.58 | 0.03 |
| Jul 31, 2019 | 0.90 | 0.00 | 0.39 | — | 0.16 | — | 3.02 | 0.12 | 0.77 | 2.58 | — | 0.22 | 0.33 | 0.03 |
| Jul 31, 2018 | 1.99 | 0.00 | 0.44 | — | 0.35 | — | 2.73 | 0.19 | 0.97 | 1.33 | — | 0.21 | 0.60 | 0.13 |
| Jul 31, 2017 | 0.69 | 0.00 | 0.22 | 2.03 | 0.74 | — | 2.66 | 0.36 | 1.23 | 1.08 | — | 0.32 | 2.01 | 0.04 |
| Jul 31, 2016 | 0.64 | 0.00 | 0.26 | 0.92 | 0.93 | — | 2.31 | 0.86 | 0.76 | 0.93 | — | 0.36 | 1.31 | 0.06 |
| Jul 31, 2015 | 1.00 | 0.00 | 0.27 | 0.34 | 0.25 | — | 2.80 | 0.21 | 0.44 | 0.86 | — | 0.49 | 0.84 | 0.07 |
| Jul 31, 2014 | 1.00 | 0.00 | 0.22 | 0.33 | 0.52 | — | 3.44 | 0.16 | 0.25 | 0.52 | — | 0.79 | 1.04 | 0.02 |
| Jul 31, 2013 | 0.00 | 0.01 | 0.23 | 0.36 | 0.28 | — | 1.74 | 0.14 | 0.20 | 0.41 | — | 0.25 | 1.05 | 0.04 |
| Jul 31, 2012 | 0.00 | 0.00 | 0.23 | 0.00 | 0.49 | — | 1.76 | 0.18 | 0.18 | 0.38 | — | 0.35 | 0.00 | 0.05 |
Based on: 10-K (reporting date: 2024-07-31), 10-K (reporting date: 2023-07-31), 10-K (reporting date: 2022-07-31), 10-K (reporting date: 2021-07-31), 10-K (reporting date: 2020-07-31), 10-K (reporting date: 2019-07-31), 10-K (reporting date: 2018-07-31), 10-K (reporting date: 2017-07-31), 10-K (reporting date: 2016-07-31), 10-K (reporting date: 2015-07-31), 10-K (reporting date: 2014-07-31), 10-K (reporting date: 2013-07-31), 10-K (reporting date: 2012-07-31).
Comparison to Sector (Software & Services)
Palo Alto Networks Inc., debt to equity, long-term trends, comparison to sector (software & services)
| Palo Alto Networks Inc. | Software & Services | |
|---|---|---|
| Jul 31, 2024 | 0.19 | — |
| Jul 31, 2023 | 1.14 | 0.64 |
| Jul 31, 2022 | 17.51 | 0.72 |
| Jul 31, 2021 | 5.08 | 0.83 |
| Jul 31, 2020 | 2.80 | 0.96 |
| Jul 31, 2019 | 0.90 | 1.06 |
| Jul 31, 2018 | 1.99 | 1.08 |
| Jul 31, 2017 | 0.69 | 1.15 |
| Jul 31, 2016 | 0.64 | 0.90 |
| Jul 31, 2015 | 1.00 | 0.73 |
| Jul 31, 2014 | 1.00 | 0.54 |
| Jul 31, 2013 | 0.00 | 0.46 |
| Jul 31, 2012 | 0.00 | 0.43 |
Based on: 10-K (reporting date: 2024-07-31), 10-K (reporting date: 2023-07-31), 10-K (reporting date: 2022-07-31), 10-K (reporting date: 2021-07-31), 10-K (reporting date: 2020-07-31), 10-K (reporting date: 2019-07-31), 10-K (reporting date: 2018-07-31), 10-K (reporting date: 2017-07-31), 10-K (reporting date: 2016-07-31), 10-K (reporting date: 2015-07-31), 10-K (reporting date: 2014-07-31), 10-K (reporting date: 2013-07-31), 10-K (reporting date: 2012-07-31).
Comparison to Industry (Information Technology)
Palo Alto Networks Inc., debt to equity, long-term trends, comparison to industry (information technology)
| Palo Alto Networks Inc. | Information Technology | |
|---|---|---|
| Jul 31, 2024 | 0.19 | — |
| Jul 31, 2023 | 1.14 | 0.62 |
| Jul 31, 2022 | 17.51 | 0.66 |
| Jul 31, 2021 | 5.08 | 0.76 |
| Jul 31, 2020 | 2.80 | 0.86 |
| Jul 31, 2019 | 0.90 | 0.87 |
| Jul 31, 2018 | 1.99 | 0.82 |
| Jul 31, 2017 | 0.69 | 0.80 |
| Jul 31, 2016 | 0.64 | 0.65 |
| Jul 31, 2015 | 1.00 | 0.56 |
| Jul 31, 2014 | 1.00 | 0.38 |
| Jul 31, 2013 | 0.00 | 0.29 |
| Jul 31, 2012 | 0.00 | 0.24 |
Based on: 10-K (reporting date: 2024-07-31), 10-K (reporting date: 2023-07-31), 10-K (reporting date: 2022-07-31), 10-K (reporting date: 2021-07-31), 10-K (reporting date: 2020-07-31), 10-K (reporting date: 2019-07-31), 10-K (reporting date: 2018-07-31), 10-K (reporting date: 2017-07-31), 10-K (reporting date: 2016-07-31), 10-K (reporting date: 2015-07-31), 10-K (reporting date: 2014-07-31), 10-K (reporting date: 2013-07-31), 10-K (reporting date: 2012-07-31).