TTM
15.3%
YoY change
+5.15pp
Trough year (2009)
-133.8%
Peak year (2025)
21.0%
Latest annual
21.0%
EBITDA Margin history chart for Palo Alto Networks (PANW) from 2009 to 2025
Latest: 21.0%
EBITDA Margin change chart for Palo Alto Networks (PANW) from 2009 to 2025
Latest: +5.15pp
EBITDA Margin history table for Palo Alto Networks (PANW) from 2009 to 2025
| 2025 | 21.0% | +5.15pp | ||
| 2024 | 15.9% | +3.29pp | ||
| 2023 | 12.6% | +10.87pp | ||
| 2022 | 1.7% | +2.83pp | ||
| 2021 | -1.1% | -2.84pp | ||
| 2020 | 1.7% | -3.88pp | ||
| 2019 | 5.6% | +4.71pp | ||
| 2018 | 0.9% | +6.35pp | ||
| 2017 | -5.4% | +2.26pp | ||
| 2016 | -7.7% | -0.08pp | ||
| 2015 | -7.6% | +25.97pp | ||
| 2014 | -33.6% | -31.39pp | ||
| 2013 | -2.2% | -5.71pp | ||
| 2012 | 3.5% | +10.44pp | ||
| 2011 | -6.9% | +33.12pp | ||
| 2010 | -40.0% | +93.72pp | ||
| 2009 | -133.8% | — |
- 202521.0%+5.15pp
- 202415.9%+3.29pp
- 202312.6%+10.87pp
- 20221.7%+2.83pp
- 2021-1.1%-2.84pp
- 20201.7%-3.88pp
- 20195.6%+4.71pp
- 20180.9%+6.35pp
- 2017-5.4%+2.26pp
- 2016-7.7%-0.08pp
- 2015-7.6%+25.97pp
- 2014-33.6%-31.39pp
- 2013-2.2%-5.71pp
- 20123.5%+10.44pp
- 2011-6.9%+33.12pp
- 2010-40.0%+93.72pp
- 2009-133.8%—
EBITDA Margin values are taken from Palo Alto Networks's reported income statements (quarterly 10-Q and annual 10-K filings with the U.S. Securities and Exchange Commission). Each row shows the period end date and the filing date. YoY compares each figure to the same period one year earlier. Amounts are in USD as filed.
About EBITDA Margin at Palo Alto Networks (PANW)
According to Palo Alto Networks's latest reported financial statements, the company's latest reported EBITDA margin is 15.3%. EBITDA margin is EBITDA divided by revenue — earnings before interest, taxes, depreciation, and amortization as a percentage of sales. By stripping out non-cash charges and capital-structure effects, it approximates operating cash profitability and is widely used to compare companies with different asset bases and leverage.
Headline figure above is from the reporting period ending (reported ). Chart and table below cover the full reported history back to .
In 2025, Palo Alto Networks (PANW) EBITDA margin totalled 21.05% – expanded 5.1 percentage points year-over-year.
21.05% stands as the all-time-high annual EBITDA margin, posted in 2025, against a low of -133.76% during 2009.
Palo Alto Networks EBITDA Margin by Year
Palo Alto Networks EBITDA Margin 2025: 21.0%
Palo Alto Networks EBITDA margin in 2025 was 21.05%, expanded 5.1 percentage points from 2024. This figure represents the highest annual value in the available history.
Palo Alto Networks EBITDA Margin 2024: 15.9%
2024's EBITDA margin for Palo Alto Networks came in at 15.90%, expanded 3.3 percentage points from 2023.
Palo Alto Networks EBITDA Margin 2023: 12.6%
Palo Alto Networks posted EBITDA margin of 12.61% in 2023, expanded 10.9 percentage points from 2022.
Palo Alto Networks EBITDA Margin 2022: 1.7%
In 2022, Palo Alto Networks reported EBITDA margin of 1.74%, expanded 2.8 percentage points from 2021.
Palo Alto Networks EBITDA Margin 2021: -1.1%
Palo Alto Networks EBITDA margin in 2021 was -1.09%.
See more financial history for Palo Alto Networks (PANW).
Sector peers by EBITDA Margin
Technology peers of Palo Alto Networks (PANW), ranked by their latest EBITDA margin
| 76.0% | |
| 76.0% | |
| 63.9% | |
| 63.1% | |
| 55.3% | |
| 38.6% | |
| 35.5% | |
| 21.6% |
- 76.0%
- 76.0%
- 63.1%
- 55.3%
- 38.6%
- 35.5%
- 21.6%
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