Palo Alto Networks Inc (PANW)
Net profit margin
| Jul 31, 2024 | Jul 31, 2023 | Jul 31, 2022 | Jul 31, 2021 | Jul 31, 2020 | ||
|---|---|---|---|---|---|---|
| Net income | US$ in thousands | 2,577,600 | 439,700 | -267,000 | -498,900 | -267,000 |
| Revenue | US$ in thousands | 8,027,700 | 6,857,600 | 5,475,900 | 4,087,400 | 3,313,000 |
| Net profit margin | 32.11% | 6.41% | -4.88% | -12.21% | -8.06% |
July 31, 2024 calculation
Net profit margin = Net income ÷ Revenue
= $2,577,600K ÷ $8,027,700K
= 32.11%
The net profit margin of Palo Alto Networks Inc has shown a positive trend over the past five years, increasing from negative figures in 2020 and 2021 to reach 32.11% in 2024. This indicates a significant improvement in the company's profitability and efficiency in generating profit from its revenue. The substantial increase in net profit margin demonstrates the company's ability to effectively control costs and expenses while increasing revenue streams. Overall, Palo Alto Networks Inc's net profit margin performance reflects a strong financial position and effective management of its operations in recent years.
Peer comparison
Jul 31, 2024