Palo Alto Networks Inc (PANW)
Pretax 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 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Earnings before tax but after interest (EBT) (ttm) | US$ in thousands | 988,300 | 985,800 | 865,600 | 814,500 | 566,300 | 267,100 | 83,600 | -81,600 | -207,200 | -326,800 | -424,700 | -473,900 | -465,000 | -411,100 | -328,500 | -259,600 | -231,800 | -197,100 | -150,400 | -87,300 |
| 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 |
| Pretax margin | 12.31% | 12.67% | 11.54% | 11.35% | 8.26% | 4.14% | 1.36% | -1.41% | -3.78% | -6.40% | -8.93% | -10.72% | -11.38% | -10.73% | -9.00% | -7.48% | -6.99% | -6.19% | -4.95% | -2.97% |
July 31, 2024 calculation
Pretax margin = EBT (ttm) ÷ Revenue (ttm)
= $988,300K ÷ $8,027,700K
= 12.31%
The pretax margin of Palo Alto Networks Inc has shown fluctuating trends over the past few years. The company's pretax margin has generally been increasing from negative values to positive values since October 2019. The upward trend indicates an improvement in the company's ability to generate profits before accounting for taxes.
The pretax margin reached its highest point of 12.67% in April 2024, reflecting a strong performance in cost management and revenue generation. However, it slightly decreased to 12.31% in July 2024. This slight decrease may indicate a potential need for further efficiency enhancements or cost control measures.
Overall, the positive pretax margin figures in recent periods suggest that Palo Alto Networks Inc has been able to effectively manage its expenses and generate healthy profits relative to its revenue. Monitoring this metric over time will be essential to track the company's financial health and operational efficiency.
Peer comparison
Jul 31, 2024