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Palo Alto Networks (XTER:5AP) EBIT : €992 Mil (TTM As of Oct. 2024)


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What is Palo Alto Networks EBIT?

Palo Alto Networks's earnings before interest and taxes (EBIT) for the three months ended in Oct. 2024 was €339 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Oct. 2024 was €992 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Palo Alto Networks's annualized ROC % for the quarter that ended in Oct. 2024 was 5.33%. Palo Alto Networks's annualized ROC (Joel Greenblatt) % for the quarter that ended in Oct. 2024 was 196.93%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. Palo Alto Networks's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Oct. 2024 was 0.82%.


Palo Alto Networks EBIT Historical Data

The historical data trend for Palo Alto Networks's EBIT can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Palo Alto Networks EBIT Chart

Palo Alto Networks Annual Data
Trend Jul15 Jul16 Jul17 Jul18 Jul19 Jul20 Jul21 Jul22 Jul23 Jul24
EBIT
Get a 7-Day Free Trial Premium Member Only Premium Member Only -127.54 -259.72 -183.82 530.47 915.64

Palo Alto Networks Quarterly Data
Jan20 Apr20 Jul20 Oct20 Jan21 Apr21 Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23 Jan24 Apr24 Jul24 Oct24
EBIT Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 269.42 125.95 236.26 291.17 339.02

Competitive Comparison of Palo Alto Networks's EBIT

For the Software - Infrastructure subindustry, Palo Alto Networks's EV-to-EBIT, along with its competitors' market caps and EV-to-EBIT data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Palo Alto Networks's EV-to-EBIT Distribution in the Software Industry

For the Software industry and Technology sector, Palo Alto Networks's EV-to-EBIT distribution charts can be found below:

* The bar in red indicates where Palo Alto Networks's EV-to-EBIT falls into.



Palo Alto Networks EBIT Calculation

EBIT, sometimes also called Earnings Before Interest and Taxes, is a measure of a firm's profit that includes all expenses except interest and income tax expenses. It is the difference between operating revenues and operating expenses. When a firm does not have non-operating income, then Operating Income is sometimes used as a synonym for EBIT and operating profit.

EBIT for the trailing twelve months (TTM) ended in Oct. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was €992 Mil.

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


Palo Alto Networks  (XTER:5AP) EBIT Explanation

1. EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition.

Palo Alto Networks's annualized ROC % for the quarter that ended in Oct. 2024 is calculated as:

ROC % (Q: Oct. 2024 )
=NOPAT/Average Invested Capital
=Operating Income * ( 1 - Tax Rate % )/( (Invested Capital (Q: Jul. 2024 ) + Invested Capital (Q: Oct. 2024 ))/ count )
=1052.028 * ( 1 - 4.86% )/( (18625.23 + 18947.428)/ 2 )
=1000.8994392/18786.329
=5.33 %

where

Invested Capital(Q: Jul. 2024 )
=Total Assets - Accounts Payable & Accrued Expense - Excess Cash
=Total Assets - Accounts Payable & Accrued Expense - ( Cash, Cash Equivalents, Marketable Securities - max(0, Total Current Liabilities - Total Current Assets+Cash, Cash Equivalents, Marketable Securities))
=18431.61 - 574.406 - ( 2377.654 - max(0, 7083.449 - 6315.423+2377.654))
=18625.23

Invested Capital(Q: Oct. 2024 )
=Total Assets - Accounts Payable & Accrued Expense - Excess Cash
=Total Assets - Accounts Payable & Accrued Expense - ( Cash, Cash Equivalents, Marketable Securities - max(0, Total Current Liabilities - Total Current Assets+Cash, Cash Equivalents, Marketable Securities))
=18703.883 - 821.335 - ( 3112.938 - max(0, 6795.679 - 5730.799+3112.938))
=18947.428

Note: The Operating Income data used here is four times the quarterly (Oct. 2024) data.

2. Joel Greenblatt's definition of Return on Capital:

Palo Alto Networks's annualized ROC (Joel Greenblatt) % for the quarter that ended in Oct. 2024 is calculated as:

ROC (Joel Greenblatt) %(Q: Oct. 2024 )
=EBIT/Average of (Net fixed Assets + Net Working Capital)
=EBIT/Average of (Property, Plant and Equipment+Net Working Capital)
     Q: Jul. 2024  Q: Oct. 2024
=EBIT/( ( (Property, Plant and Equipment + Net Working Capital) + (Property, Plant and Equipment + Net Working Capital) )/ count )
=1356.068/( ( (688.734 + max(-2926.244, 0)) + (688.5 + max(-4324.056, 0)) )/ 2 )
=1356.068/( ( 688.734 + 688.5 )/ 2 )
=1356.068/688.617
=196.93 %

where Working Capital is:

Working Capital(Q: Jul. 2024 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(2414.349 + 0 + 854.14) - (574.406 + 5108.894 + 511.433)
=-2926.244

Working Capital(Q: Oct. 2024 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(1040.002 + 0 + 838.777) - (821.335 + 5056.069 + 325.431)
=-4324.056

When net working capital is negative, 0 is used.

Note: The EBIT data used here is four times the quarterly (Oct. 2024) EBIT data.

3. It is also linked to Joel Greenblatt's definition of Earnings Yield:

Palo Alto Networks's Earnings Yield (Joel Greenblatt) % for today is calculated as:

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Oct. 2024 )
=992.397/120899.678
=0.82 %

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


Palo Alto Networks EBIT Related Terms

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Palo Alto Networks Business Description

Address
3000 Tannery Way, Santa Clara, CA, USA, 95054
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.

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