Is ANET or PANW cheaper?

On trailing earnings, ANET is cheaper: ANET trades at a 55.90 P/E and PANW at 243.15.

Which has grown faster, ANET or PANW?

Over the past five years, ANET grew revenue faster — ANET at a 31.58% CAGR versus PANW at 21.62%.

Is ANET or PANW more profitable?

ANET runs the higher net margin — ANET at 38.32% versus PANW at 7.95%.

Which has been the better investment, ANET or PANW?

Over the past 10-year, ANET delivered the higher annualized total return — ANET at 42.96% versus PANW at 29.01%. Past performance doesn't predict future results.

Arista Networks, Inc. (ANET) vs Palo Alto Networks, Inc. (PANW)

ANET leads on 12 of 16 compared metrics.

A side-by-side comparison of Arista Networks, 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).

ANET

Arista Networks, Inc.

$205.55B

$163.24Technology

PANW

Palo Alto Networks, Inc.

$190.56B

$279.62Technology

Total return — ANET vs PANW

growth of $100 · last 12y

ANET +4645.3%PANW +2050.9%ANET compounded faster

ANET PANW

ANET vs PANW: by the numbers

•ANET is the larger company ($205.55B vs $190.56B market cap).
•ANET trades at the lower earnings multiple (55.90 vs 243.15 P/E).
•ANET converts more revenue to profit (38.32% vs 7.95% net margin).
•ANET grew revenue faster over the past five years (31.58% vs 21.62% CAGR).

Which is better, ANET or PANW?

Metric tally: ANET 12 · PANW 4

It depends on what you're optimizing for:

ValueANET(lower P/E)

GrowthANET(faster 5Y revenue CAGR)

QualityANET(higher ROIC)

Valuation

Metric	ANET	PANW
P/E ratio	55.90●	243.15
Forward P/E	44.98●	68.62
P/S ratio	21.41	19.61●
P/B ratio	15.42	7.52●
PEG ratio	2.05●	3.50
EV / EBITDA	44.36●	117.46
FCF yield	2.54%●	2.06%

Profitability

Metric	ANET	PANW
Gross margin	63.54%	71.94%●
Operating margin	42.79%●	9.65%
Net margin	38.32%●	7.95%
ROE	27.59%●	3.05%
ROIC	22.64%●	5.67%

Growth (annualized)

Metric	ANET	PANW
Revenue CAGR (5Y)	31.58%●	21.62%
EPS CAGR (5Y)	39.94%	69.46%●
FCF CAGR (5Y)	46.68%●	25.30%
Total return CAGR (5Y)	48.29%●	35.59%

Frequently asked

Which is better, ANET or PANW?: It depends on your goal. value: ANET (lower P/E); growth: ANET (faster 5Y revenue CAGR); quality: ANET (higher ROIC). Across all compared metrics, ANET leads 12 to 4.
Is ANET or PANW cheaper?: On trailing earnings, ANET is cheaper: ANET trades at a 55.90 P/E and PANW at 243.15.
Which has grown faster, ANET or PANW?: Over the past five years, ANET grew revenue faster — ANET at a 31.58% CAGR versus PANW at 21.62%.
Is ANET or PANW more profitable?: ANET runs the higher net margin — ANET at 38.32% versus PANW at 7.95%.
Which has been the better investment, ANET or PANW?: Over the past 10-year, ANET delivered the higher annualized total return — ANET at 42.96% versus PANW at 29.01%. Past performance doesn't predict future results.

Go deeper

Full ANET analysis Full PANW analysis Interactive comparison tool

Dig into the metrics

Arista Networks P/E ratio Palo Alto Networks P/E ratio Arista Networks dividend yield Palo Alto Networks dividend yield Arista Networks ROE Palo Alto Networks ROE Arista Networks operating margin Palo Alto Networks operating margin Arista Networks revenue growth Palo Alto Networks revenue growth Arista Networks free cash flow Palo Alto Networks free cash flow

Arista Networks & Palo Alto Networks appear in these rankings

Fastest Revenue Growth Stocks Highest ROE Stocks Highest ROIC Stocks Highest Operating Margin Stocks

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.