Which has the lower trailing P/E, ANET or PANW?

ANET has the lower trailing P/E: ANET trades at 58.12 and PANW at 277.39. P/E is one valuation measure and does not by itself establish which business is cheaper.

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%.

How have ANET and PANW total returns compared?

Over the past 10 years, ANET delivered 44.26% and PANW delivered 30.60% annualized total return. Past performance doesn't predict future results.

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

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 July 29, 2026. Differences are shown without an overall score or investment verdict.

ANET

Arista Networks, Inc.

$213.69B

$169.71TechnologyDelayed quote: Jul 28, 2026, 4:00 PM EDT

PANW

Palo Alto Networks, Inc.

$259.99B

$319.00TechnologyDelayed quote: Jul 28, 2026, 4:00 PM EDT

Total return — ANET vs PANW

growth of $100 · dividends reinvested · last 12y

ANET +4833.4%PANW +2476.7%ANET compounded faster

ANET PANW

ANET vs PANW: by the numbers

•PANW is the larger company ($259.99B vs $213.69B market cap).
•ANET trades at the lower trailing earnings multiple (58.12 vs 277.39 P/E), one valuation lens rather than an overall verdict.
•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).

Metrics side by side

Valuation

Metric	ANET	PANW
P/E ratio	58.12	277.39
Forward P/E	46.63	84.54
P/S ratio	22.26	22.38
P/B ratio	16.03	8.58
PEG ratio	2.05	3.99
EV / EBITDA	50.36	124.43
FCF yield	2.44%	1.81%

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)	48.42%	36.81%

Frequently asked

Which has the lower trailing P/E, ANET or PANW?: ANET has the lower trailing P/E: ANET trades at 58.12 and PANW at 277.39. P/E is one valuation measure and does not by itself establish which business is cheaper.
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%.
How have ANET and PANW total returns compared?: Over the past 10 years, ANET delivered 44.26% and PANW delivered 30.60% annualized total return. 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 July 29, 2026.