Palo Alto Networks Inc (PANW)

Operating profit margin

Jul 31, 2024 Jul 31, 2023 Jul 31, 2022 Jul 31, 2021 Jul 31, 2020
Operating income US$ in thousands 683,900 387,300 -188,800 -304,100 -179,000
Revenue US$ in thousands 8,027,700 6,857,600 5,475,900 4,087,400 3,313,000
Operating profit margin 8.52% 5.65% -3.45% -7.44% -5.40%

July 31, 2024 calculation

Operating profit margin = Operating income ÷ Revenue
= $683,900K ÷ $8,027,700K
= 8.52%

The operating profit margin of Palo Alto Networks Inc has shown a positive trend over the past five years. In 2020, the company had a negative operating profit margin of -5.40%, but it steadily improved to 8.52% in 2024. This indicates an enhanced operational efficiency and cost management within the organization. The company's profitability has substantially increased over the years, reflecting better control over operating expenses and potentially higher revenue generation. Overall, the improving trend in the operating profit margin suggests that Palo Alto Networks Inc has been effectively managing its operating costs and has been able to generate more profits from its core business activities.


Peer comparison

Jul 31, 2024

Company name
Symbol
Operating profit margin
Palo Alto Networks Inc
PANW
8.52%
Corsair Gaming Inc
CRSR
0.66%
Fortinet Inc
FTNT
23.73%
Xerox Corp
XRX
48.00%

See also:

Palo Alto Networks Inc Operating Profit Margin