Cloudflare, Inc. (NET) vs Palo Alto Networks, Inc. (PANW)
A side-by-side comparison of Cloudflare, Inc. and Palo Alto Networks, Inc. across valuation, profitability, dividends, and growth — built entirely from reported fundamentals, as of August 15, 2026. Differences are shown without an overall score or investment verdict.
NET
Cloudflare, Inc.
$315.67TechnologyDelayed quote: Aug 14, 2026, 3:59 PM EDT
PANW
Palo Alto Networks, Inc.
$384.27TechnologyAt close: Aug 14, 2026, 4:00 PM ET
Total return — NET vs PANW
growth of $100 · dividends reinvested · last 7yNET +1654.3% (+50.6%/yr)PANW +975.5% (+40.4%/yr)NET compounded faster over this window
NET PANW
NET vs PANW: by the numbers
- •PANW is the larger company ($313.18B vs $112.04B market cap).
- •PANW is profitable (7.95% net margin) while NET runs a net loss (-8.21%).
- •NET grew revenue faster over the past five years (36.49% vs 21.62% CAGR).
Metrics side by side
Valuation
| Metric | NET | PANW |
|---|---|---|
| P/E ratio | N/A | 334.15 |
| Forward P/E | 263.71 | 101.84 |
| P/S ratio | 44.54 | 26.96 |
| P/B ratio | 69.07 | 10.33 |
| EV / EBITDA | N/A | 149.92 |
| FCF yield | 0.34% | 1.50% |
Profitability
| Metric | NET | PANW |
|---|---|---|
| Gross margin | 72.58% | 71.94% |
| Operating margin | -14.11% | 9.65% |
| Net margin | -8.21% | 7.95% |
| ROE | -12.73% | 3.05% |
| ROIC | -4.10% | 5.67% |
Growth (annualized)
| Metric | NET | PANW |
|---|---|---|
| Revenue CAGR (5Y) | 36.49% | 21.62% |
| FCF CAGR (5Y) | N/A | 25.30% |
| Total return CAGR (5Y) | 20.99% | 43.85% |
Frequently asked
- Which has grown faster, NET or PANW?
- Over the past five years, NET grew revenue faster — NET at a 36.49% CAGR versus PANW at 21.62%.
- Is NET or PANW more profitable?
- PANW runs the higher net margin — NET at -8.21% versus PANW at 7.95%.
- How have NET and PANW total returns compared?
- Over the past 5 years, NET delivered 20.99% and PANW delivered 33.59% annualized total return. Past performance doesn't predict future results.
Go deeper
Dig into the metrics
Palo Alto Networks P/E ratioCloudflare ROEPalo Alto Networks ROECloudflare operating marginPalo Alto Networks operating marginCloudflare revenue growthPalo Alto Networks revenue growthCloudflare free cash flowPalo Alto Networks free cash flow
Cloudflare & Palo Alto Networks appear in these rankings
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 August 15, 2026.