Palo Alto Networks, Inc. (PANW) delivered a return of 44.05% over the past year. Since PANW does not currently pay dividends, the total return equals the price-only return.

A $10,000 investment in Palo Alto Networks, Inc. one year ago would be worth $14,405 today, representing a gain of $4,405.

Palo Alto Networks, Inc. (PANW) does not currently pay dividends. Many growth-focused companies reinvest profits back into the business rather than distributing them as dividends. For PANW, the total return equals the price-only return.

Yes, Palo Alto Networks, Inc. (PANW) outperformed the S&P 500 by 19.06 percentage points over the past year. PANW delivered a total return of 44.05%, compared to the S&P 500's 24.99%. This 19.06pp alpha means investors in PANW earned more than a passive S&P 500 index fund.

Palo Alto Networks, Inc. (PANW) experienced a maximum drawdown of -36.01% over the past year, declining from its peak on 2025-10-28 to its trough on 2026-02-24. The stock recovered to its prior peak by 2026-05-13. Maximum drawdown measures the worst peak-to-trough decline and is an important risk metric for investors.

Here are Palo Alto Networks, Inc. (PANW)'s long-term returns with dividends reinvested. Over 10 years, the total return is 1247.3% (29.7% CAGR) — $10,000 would have grown to $134,729. Over 20 years: 3151.7% total return (19.0% CAGR) — $10,000 → $325,173. Over 30 years: 3151.7% total return (12.3% CAGR) — $10,000 → $325,171. Long-term investors benefit from compounding: dividends buy additional shares, which generate their own dividends, creating an exponential growth effect.

Palo Alto Networks, Inc.'s best calendar year was 2014 with a total return of 120.2%. Its worst year was 2016 with a total return of -27.1%. This range shows the volatility investors should expect — the difference between the best and worst year is 147.3 percentage points.