Company / FCF Margin
Palo Alto Networks FCF Margin History
FY2016-FY2025 · Annual data · Source: SEC filings
At a glance
Latest annual filing availableLatest FCF Margin
37.6%
FY2025
5-year range
24.1% / 38.6%
FY2021-FY2025
Trend
-2.6%
vs FY2024
Sector context
#15 of 279
Information Technology
What the data says
Among 279 Information Technology companies, Palo Alto Networks is in the top 5% for fcf margin. FCF Margin has fluctuated over the past 10 years, ranging from 24.1% in FY2022 to 42.5% in FY2016.
Based on SEC 10-K filings.
37.6% in FY2025 with a 5-year CAGR of -3.1%. Top quartile in the Information Technology sector.
Remained stable around 37.6% over the past 2 years.
Information Technology sector context is included.
FCF Margin over time
Growth rates
- 3-Year Change
- +13.5pp
- 5-Year Change
- -3.1pp
- 10-Year Change
- -
Sector benchmark
+133.0% above sector average
Key checks
Key Insights
- In FY2025, fcf margin decreased 2.6% year-over-year.
- Currently 151.8pp above the Information Technology sector average.
- Peak fcf margin was recorded in FY2016.
- Lowest fcf margin in the period was in FY2022.
Company context
Key Data Points
- Altman Z-Score 0.84 (distress zone, below 1.8 threshold)
- High earnings quality (cash-backed earnings)
Data sourced from SEC EDGAR filings. Not investment advice.
Annual data
| Year | FCF MarginValue | YoY GrowthYoY |
|---|---|---|
| FY2025 | 37.6% | -2.6% |
| FY2024 | 38.6% | +1.2% |
| FY2023 | 38.2% | +58.4% |
| FY2022 | 24.1% | -24.4% |
| FY2021 | 31.9% | -21.7% |
| FY2020 | 40.7% | +1.3% |
| FY2019 | 40.2% | -1.4% |
| FY2018 | 40.7% | +1.7% |
| FY2017 | 40.0% | -5.8% |
| FY2016 | 42.5% | +23.7% |
As of FY2025 · SEC 10-K · Updated Jun 30, 2026