Palo Alto Networks Valuation Multiples

Palo Alto Networks Overview

About Palo Alto Networks

Palo Alto Networks is a platform-based cybersecurity vendor with product offerings covering network security, cloud security, and security operations. The California-based firm has more than 80,000 enterprise customers across the world, including more than three fourths of the Global 2000.

Founded

2005

HQ

Employees

16.1K

Website

paloaltonetworks.com

Sectors

CybersecurityB2B SaaSHorizontal SaaS

Financials (LTM)

Revenue: $11B

EBITDA: $3B

EV

$115B

Valuation Multiples

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Palo Alto Networks Financials

Palo Alto Networks reported last 12-month revenue of $11B and EBITDA of $3B.

In the same LTM period, Palo Alto Networks generated $8B in gross profit, $3B in EBITDA, and $3B in net income.

Palo Alto Networks P&L

In the most recent fiscal year, Palo Alto Networks reported revenue of $9B and EBITDA of $3B.

Palo Alto Networks expects next 12-month revenue of XXX and NTM EBITDA of XXX

Palo Alto Networks Stock Performance

Palo Alto Networks has current market cap of $119B, and enterprise value of $115B.

Palo Alto Networks' stock price is $147.02.

Palo Alto Networks Valuation Multiples

Palo Alto Networks trades at 10.8x EV/Revenue multiple, and 34.6x EV/EBITDA.

Palo Alto Networks Financial Valuation Multiples

As of April 9, 2026, Palo Alto Networks has market cap of $119B and EV of $115B.

Equity research analysts estimate Palo Alto Networks' 2025E EV/Revenue multiple at XXX and 2025E EV/EBITDA multiple at XXX

Palo Alto Networks has a P/E ratio of 44.5x.

Palo Alto Networks Margins & Growth Rates

Palo Alto Networks' revenue in the last 12 month grew by 20%.

Palo Alto Networks' revenue per employee in the last FY averaged $0.6M, while opex per employee averaged $0.3M for the same period.

Palo Alto Networks' rule of 40 is 52% (metric relevant for SaaS companies only, counted as combined revenue growth rate and EBITDA margin).

Palo Alto Networks' rule of X is 84% (created by Bessemer, rule of X is another metric to measure SaaS companies, ~1.5x stronger vs. the traditional Rule of 40, counted as revenue growth rate multiplied by 2.5 plus EBITDA margin).

Palo Alto Networks Public Comps

See public comps and valuation multiples for other Cybersecurity comps.

Palo Alto Networks M&A Activity

Palo Alto Networks acquired XXX companies to date.

Last acquisition by Palo Alto Networks was on XXXXXXXX, XXXXX. Palo Alto Networks acquired XXXXXXXX for XXX (EV/Revenue multiple of XXX).

Palo Alto Networks Investment Activity

Palo Alto Networks invested in XXX companies to date.

Palo Alto Networks made its latest investment on XXXXXXXX, XXXXX. Palo Alto Networks invested in XXXXXXXX for XXX (EV/Revenue multiple of XXX).