Palo Alto Networks Inc (PANW)

Net profit margin

		Jul 31, 2024	Apr 30, 2024	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
Net income (ttm)	US$ in thousands	2,577,600	2,447,600	2,276,600	613,900	439,700	215,300	34,300	-143,400	-267,000	-389,600	-461,500	-510,300	-498,900	-438,500	-368,200	-299,600	-267,000	-228,900	-174,300	-103,200
Revenue (ttm)	US$ in thousands	8,027,700	7,777,700	7,501,800	7,176,900	6,857,600	6,458,200	6,127,200	5,796,400	5,475,900	5,105,500	4,757,600	4,420,000	4,087,400	3,831,400	3,649,600	3,472,400	3,317,900	3,184,700	3,040,400	2,934,500
Net profit margin		32.11%	31.47%	30.35%	8.55%	6.41%	3.33%	0.56%	-2.47%	-4.88%	-7.63%	-9.70%	-11.55%	-12.21%	-11.44%	-10.09%	-8.63%	-8.05%	-7.19%	-5.73%	-3.52%

July 31, 2024 calculation

Net profit margin = Net income (ttm) ÷ Revenue (ttm)
= $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 several quarters, with an increasing percentage from -5.73% in October 2019 to 32.11% in July 2024. This indicates a significant improvement in the company's profitability and efficiency in generating profit from its revenue over time. The company has managed to steadily enhance its operational performance and cost management, resulting in higher net profit margins. It is essential for investors and stakeholders to monitor this metric to assess the company's ability to translate its revenue into profits effectively.