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Taxonomy & unit
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ratio: %
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Description
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Return on equity can be defined as the amount of net income returned as a percentage of shareholders equity. Return on equity measures a corporation's profitability by revealing how much profit a company generates with the money shareholders have invested.
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Summary
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Palo Alto Networks Inc quarterly/annual Return On Equity history and growth rate from Q1 2018 to Q1 2024.
- Palo Alto Networks Inc Return On Equity for the quarter ending April 30, 2024 was 76.8 %, a 139% increase year-over-year.
- Palo Alto Networks Inc annual Return On Equity for 2023 was 41.7 %.
- Palo Alto Networks Inc annual Return On Equity for 2022 was -90.2 %, a 54.4% decline from 2021.
- Palo Alto Networks Inc annual Return On Equity for 2021 was -58.4 %, a 172% decline from 2020.
Return On Equity, Quarterly (%)
Return On Equity, YoY Quarterly Growth (%)