Palo Alto Networks, Inc. PANW NASDAQ

Palo Alto Networks, Inc. (PANW) generated $3.72B in operating cash flow for fiscal year 2025. After capital expenditures of $246.2M, free cash flow was $3.47B.

Free cash flow margin was 37.6% of revenue. Cash conversion ratio was 3.28x, indicating earnings are backed by cash.

Criteria supported by this page:

• HEALTH (67/100, Partial) — cash generation is adequate but may not fully cover debt in stressed conditions
• MOAT (86/100, Pass) — $3.47B (37.6% FCF margin) supports a durable competitive advantage
• INCOME (55/100) — Cash conversion ratio was 3.28x confirms earnings are backed by real cash flow

Overall SharesGrow Score: 70/100 with 3/7 criteria passed.