Palo Alto Networks Inc (PANW)
Operating return on assets (Operating ROA)
| 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 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating income (ttm) | US$ in thousands | 683,900 | 699,000 | 601,000 | 587,300 | 387,300 | 149,200 | 22,900 | -90,900 | -188,800 | -264,600 | -327,400 | -342,300 | -304,100 | -261,500 | -207,600 | -171,700 | -179,000 | -171,100 | -133,300 | -73,800 |
| Total assets | US$ in thousands | 19,990,900 | 17,930,800 | 18,292,000 | 14,808,500 | 14,501,100 | 14,170,500 | 13,163,400 | 12,543,800 | 12,253,600 | 11,100,000 | 10,400,500 | 10,426,400 | 10,241,600 | 9,562,100 | 9,488,400 | 8,726,500 | 9,065,400 | 6,501,800 | 7,184,100 | 6,824,800 |
| Operating ROA | 3.42% | 3.90% | 3.29% | 3.97% | 2.67% | 1.05% | 0.17% | -0.72% | -1.54% | -2.38% | -3.15% | -3.28% | -2.97% | -2.73% | -2.19% | -1.97% | -1.97% | -2.63% | -1.86% | -1.08% |
July 31, 2024 calculation
Operating ROA = Operating income (ttm) ÷ Total assets
= $683,900K ÷ $19,990,900K
= 3.42%
Palo Alto Networks Inc's operating return on assets (operating ROA) has shown a fluctuating trend over the past several quarters. The ratio ranged from -3.28% in January 2022 to a positive 3.97% in October 2023, showcasing significant variability in operating efficiency during this period.
Overall, the operating ROA has been gradually improving since a low of -3.28% in January 2022, reaching a peak of 3.97% in October 2023. However, it dipped slightly in the most recent observation to 3.42% as of July 2024. This suggests that Palo Alto Networks Inc's operational performance in generating profits from its assets has been relatively unstable but has generally trended towards a more positive direction in recent quarters.
Further analysis would be needed to understand the factors driving these fluctuations in operating ROA and to assess the company's effectiveness in utilizing its assets to generate operating income.
Peer comparison
Jul 31, 2024