Palo Alto Networks Inc (PANW)
Pretax margin
| Jul 31, 2024 | Jul 31, 2023 | Jul 31, 2022 | Jul 31, 2021 | Jul 31, 2020 | ||
|---|---|---|---|---|---|---|
| Earnings before tax but after interest (EBT) | US$ in thousands | 988,300 | 566,300 | -207,200 | -465,000 | -231,800 |
| Revenue | US$ in thousands | 8,027,700 | 6,857,600 | 5,475,900 | 4,087,400 | 3,313,000 |
| Pretax margin | 12.31% | 8.26% | -3.78% | -11.38% | -7.00% |
July 31, 2024 calculation
Pretax margin = EBT ÷ Revenue
= $988,300K ÷ $8,027,700K
= 12.31%
The pretax margin of Palo Alto Networks Inc has demonstrated improvement over the last five years. From a negative pretax margin of -11.38% in July 2021, the company managed to steadily enhance its financial performance, achieving a positive pretax margin of 12.31% in July 2024. This positive trend indicates that the company has become more efficient in managing its operating expenses and generating income before taxes. The significant increase in the pretax margin reflects improved profitability and financial health for Palo Alto Networks Inc, suggesting successful strategic initiatives or operational efficiencies implemented by the company over the analyzed period.
Peer comparison
Jul 31, 2024