Company / Total Debt
Palo Alto Networks Total Debt History
FY2016-FY2023 · Annual data · Source: SEC filings
At a glance
Latest annual filing availableLatest Total Debt
$2.0B
FY2023
5-year range
$2.0B / $3.7B
FY2019-FY2023
Trend
-45.8%
vs FY2022
Sector context
#62 of 174
Information Technology
What the data says
At $2.0B, Palo Alto Networks's total debt ranks #113 of 174 in the Information Technology sector. Total Debt has fluctuated over the past 8 years, ranging from $500M in FY2016 to $3.7B in FY2022.
Based on SEC 10-K filings.
$2.0B in FY2023 with a 5-year CAGR of +0.7%.
Improved from $3.2B to $2.0B over the past 2 years.
Information Technology sector context is included.
Total Debt over time
Growth rates
- 3-Year CAGR
- -13.6%
- 5-Year CAGR
- +0.7%
- 10-Year CAGR
- -
Sector benchmark
#113 of 174 in Information TechnologyTop 64% of 174This company $2.0B Sector average $3.8B
▼
-47.6% below sector average
Key checks
Key Insights
- 5-year CAGR of +0.7%, indicating consistent growth.
- In FY2023, total debt decreased 45.8% year-over-year.
- Ranks #62 out of 174 companies in the Information Technology sector.
- Peak total debt was recorded 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 | Total DebtValue | YoY GrowthYoY |
|---|---|---|
| FY2025 | - | - |
| FY2024 | - | - |
| FY2023 | $2.0B | -45.8% |
| FY2022 | $3.7B | +14.0% |
| FY2021 | $3.2B | +4.6% |
| FY2020 | $3.1B | +115.7% |
| FY2019 | $1.4B | -25.5% |
| FY2018 | $1.9B | +265.9% |
| FY2017 | $524.7M | +4.9% |
| FY2016 | $500.2M | +2.7% |
As of FY2023 · SEC 10-K · Updated Jun 30, 2026