PANW Debt-to-Equity Ratio Analysis
Updated 225h ago·SEC filings & market data
Key Takeaway
The debt-to-equity ratio compares a company’s total liabilities to its shareholders’ equity, measuring financial leverage.
Sector Performance
11th percentilePANW
0.05x
Sector Median
0.74x
Sector Avg
2.51x
Prior Period
0.07x(Jun 2026)
Deep Analysis
The debt-to-equity ratio compares a company’s total liabilities to its shareholders’ equity, measuring financial leverage.
PANW currently sits at 0.05x, meaning it has very little debt relative to equity. This is well below the sector median of 0.73x, placing PANW in the 12th percentile among peers — 88% of comparable companies carry higher debt loads. The year-over-year change is not available, but quarter-over-quarter the ratio declined by 28.6% from 0.07x to 0.05x, reflecting a rapid reduction in leverage. A low and falling debt-to-equity ratio signals low financial risk, which appeals to conservative investors, though it may also indicate underutilization of debt for growth. This metric supports the overall NEUTRAL verdict because the conservative capital structure is a positive, but it does not offset other factors that keep the stock rating neutral.
Frequently Asked Questions
What does the Debt-to-Equity Ratio tell investors about PANW?
Shows how much a company is financing its operations through debt vs shareholder funds. High D/E can amplify returns — and losses.
How is the Debt-to-Equity Ratio calculated?
Debt-to-Equity Ratio is calculated as: Total Debt / Shareholders' Equity.
Who are PANW's closest peers by Debt-to-Equity Ratio?
The closest peers by Debt-to-Equity Ratio include: TAP (0.76x), PCAR (0.72x), O (0.78x), PRU (0.78x), KIM (0.85x).
Learn More About Debt-to-Equity Ratio
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Learn how to spot a debt problem in stocks using D/E, interest coverage, and net debt/EBITDA ratios. Real examples from META and MSFT, plus danger thresholds you need to know.
Debt/Equity Ratio: How Much Debt Is Too Much?
The debt to equity ratio explained: why context, interest coverage, and sector norms matter far more than the raw number when assessing debt risk.
The Formula
Total Debt / Shareholders' Equity
Why It Matters
Shows how much a company is financing its operations through debt vs shareholder funds. High D/E can amplify returns — and losses.
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0.05x
Sector Median
0.74x
Sector Avg
2.51x
How PANW's Debt-to-Equity Ratio compares to sector peers.
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Not financial advice. Research tool only. Data may be delayed.