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

CRM has the lower trailing P/E: CRM trades at 23.44 and PANW at 746.55. P/E is one valuation measure and does not by itself establish which business is cheaper.

Which has grown faster, CRM or PANW?

Over the past five years, PANW grew revenue faster — CRM at a 13.30% CAGR versus PANW at 21.95%.

Does CRM or PANW pay a bigger dividend?

CRM pays a dividend (0.67% yield), while PANW has no payments in the available dividend history.

Is CRM or PANW more profitable?

CRM runs the higher net margin — CRM at 21.99% versus PANW at 2.67%.

How have CRM and PANW total returns compared?

Over the past 10 years, CRM delivered 13.29% and PANW delivered 29.80% annualized total return. Past performance doesn't predict future results.

Salesforce, Inc. (CRM) vs Palo Alto Networks, Inc. (PANW)

A side-by-side comparison of Salesforce, Inc. and Palo Alto Networks, Inc. across valuation, profitability, dividends, and growth — built entirely from reported fundamentals, as of September 3, 2026. Differences are shown without an overall score or investment verdict.

CRM

Salesforce, Inc.

$216.57B

$264.43TechnologyDelayed quote: Sep 3, 2026, 4:00 PM EDT

PANW

Palo Alto Networks, Inc.

$270.53B

$331.94TechnologyDelayed quote: Sep 3, 2026, 4:00 PM EDT

Total return — CRM vs PANW

growth of $100 · dividends reinvested · last 10y

CRM +248.1% (+13.3%/yr)PANW +1301.4% (+30.2%/yr)PANW compounded faster over this window

CRM PANW

CRM vs PANW: by the numbers

•PANW is the larger company ($270.53B vs $216.57B market cap).
•CRM trades at the lower trailing earnings multiple (23.44 vs 746.55 P/E), one valuation lens rather than an overall verdict.
•CRM converts more revenue to profit (21.99% vs 2.67% net margin).
•PANW grew revenue faster over the past five years (21.95% vs 13.30% CAGR).
•CRM pays a dividend (0.67% yield), while PANW has no payments in the available dividend history.

Metrics side by side

Valuation

Metric	CRM	PANW
P/E ratio	23.44	746.55
Forward P/E	21.82	N/A
P/S ratio	4.80	23.38
P/B ratio	5.50	9.76
EV / EBITDA	18.35	180.10
FCF yield	7.18%	1.76%

Profitability

Metric	CRM	PANW
Gross margin	77.28%	70.36%
Operating margin	21.39%	6.03%
Net margin	21.99%	2.67%
ROE	25.18%	1.12%
ROIC	8.78%	1.03%

Dividends

Metric	CRM	PANW
Dividend yield	0.67%	N/A
Payout ratio	21.81%	N/A

Growth (annualized)

Metric	CRM	PANW
Revenue CAGR (5Y)	13.30%	21.95%
EPS CAGR (5Y)	11.87%	N/A
FCF CAGR (5Y)	22.61%	25.30%
Total return CAGR (5Y)	-0.21%	33.63%

Frequently asked

Which has the lower trailing P/E, CRM or PANW?: CRM has the lower trailing P/E: CRM trades at 23.44 and PANW at 746.55. P/E is one valuation measure and does not by itself establish which business is cheaper.
Which has grown faster, CRM or PANW?: Over the past five years, PANW grew revenue faster — CRM at a 13.30% CAGR versus PANW at 21.95%.
Does CRM or PANW pay a bigger dividend?: CRM pays a dividend (0.67% yield), while PANW has no payments in the available dividend history.
Is CRM or PANW more profitable?: CRM runs the higher net margin — CRM at 21.99% versus PANW at 2.67%.
How have CRM and PANW total returns compared?: Over the past 10 years, CRM delivered 13.29% and PANW delivered 29.80% annualized total return. Past performance doesn't predict future results.

Go deeper

Full CRM analysis Full PANW analysis Interactive comparison tool

Dig into the metrics

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

Salesforce & Palo Alto Networks appear in these rankings

Fastest Revenue Growth Stocks Highest ROE Stocks Highest FCF Yield Stocks Highest 10-Year Total Return 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 September 3, 2026.