Analog Devices, Inc. (ADI) vs Palo Alto Networks, Inc. (PANW)

ADI leads on 10 of 16 compared metrics.

A side-by-side comparison of Analog Devices, Inc. and Palo Alto Networks, Inc. across valuation, profitability, dividends, and growth — built entirely from reported fundamentals, as of June 13, 2026. The ● marks the stronger figure on each row (cheaper multiple, higher margin/return).

Total return — ADI vs PANW

growth of $100 · last 14y
ADI +1014.4%PANW +3059.5%PANW compounded faster
01k2k3kStart $1002015201820212024$1,114$3,160
ADI PANW

ADI vs PANW: by the numbers

  • ADI is the larger company ($203.50B vs $190.56B market cap).
  • ADI trades at the lower earnings multiple (62.08 vs 243.15 P/E).
  • ADI converts more revenue to profit (26.01% vs 7.95% net margin).
  • PANW grew revenue faster over the past five years (21.62% vs 15.48% CAGR).
  • ADI pays a dividend (1.00% yield) while PANW does not currently pay one.

Which is better, ADI or PANW?

Metric tally: ADI 10 · PANW 6

It depends on what you're optimizing for:

ValueADI(lower P/E)
GrowthPANW(faster 5Y revenue CAGR)
QualityPANW(higher ROIC)

Valuation

MetricADIPANW
P/E ratio62.08243.15
Forward P/E34.0468.62
P/S ratio16.0819.61
P/B ratio6.077.52
PEG ratio1.313.50
EV / EBITDA33.91117.46
FCF yield2.23%2.06%

Profitability

MetricADIPANW
Gross margin64.49%71.94%
Operating margin32.50%9.65%
Net margin26.01%7.95%
ROE9.82%3.05%
ROIC5.42%5.67%

Dividends

MetricADIPANW
Dividend yield1.00%
Payout ratio91.07%

Growth (annualized)

MetricADIPANW
Revenue CAGR (5Y)15.48%21.62%
EPS CAGR (5Y)6.75%69.46%
FCF CAGR (5Y)15.54%25.30%
Total return CAGR (5Y)22.09%35.59%

Frequently asked

Which is better, ADI or PANW?
It depends on your goal. value: ADI (lower P/E); growth: PANW (faster 5Y revenue CAGR); quality: PANW (higher ROIC). Across all compared metrics, ADI leads 10 to 6.
Is ADI or PANW cheaper?
On trailing earnings, ADI is cheaper: ADI trades at a 62.08 P/E and PANW at 243.15.
Which has grown faster, ADI or PANW?
Over the past five years, PANW grew revenue faster — ADI at a 15.48% CAGR versus PANW at 21.62%.
Does ADI or PANW pay a bigger dividend?
ADI pays a dividend (1.00% yield) while PANW does not currently pay one.
Is ADI or PANW more profitable?
ADI runs the higher net margin — ADI at 26.01% versus PANW at 7.95%.
Which has been the better investment, ADI or PANW?
Over the past 10-year, PANW delivered the higher annualized total return — ADI at 24.36% versus PANW at 29.01%. Past performance doesn't predict future results.

Figures are sourced from reported fundamentals and the latest end-of-day price. This comparison is informational only and is not investment advice. Past performance does not predict future results. See our methodology. Compiled by TGMCharts Research · data verified June 13, 2026.