Palo Alto Networks, Inc. (PANW) vs SAP SE (SAP)

SAP leads on 11 of 15 compared metrics.

A side-by-side comparison of Palo Alto Networks, Inc. and SAP SE across valuation, profitability, dividends, and growth — built entirely from reported fundamentals, as of June 24, 2026. The ● marks the stronger figure on each row (cheaper multiple, higher margin/return).

Compare

Total return — PANW vs SAP

growth of $100 · last 14y
PANW +3187.2%SAP +145.3%PANW compounded faster
Log scale — wide-divergence pair
101001k10kStart $1002015201820212024$3,287$245
PANW SAP

PANW vs SAP: by the numbers

  • PANW is the larger company ($198.26B vs $178.72B market cap).
  • SAP trades at the lower earnings multiple (20.58 vs 252.97 P/E).
  • SAP converts more revenue to profit (19.58% vs 7.95% net margin).
  • PANW grew revenue faster over the past five years (21.62% vs 6.51% CAGR).
  • SAP pays a dividend (1.92% yield) while PANW does not currently pay one.

Which is better, PANW or SAP?

Metric tally: PANW 4 · SAP 11

It depends on what you're optimizing for:

ValueSAP(lower P/E)
GrowthPANW(faster 5Y revenue CAGR)
QualitySAP(higher ROIC)

Metrics side by side

Valuation

MetricPANWSAP
P/E ratio252.9720.58
Forward P/E71.2017.74
P/S ratio20.414.10
P/B ratio7.823.46
PEG ratio3.640.27
EV / EBITDA94.8611.65
FCF yield1.98%5.25%

Profitability

MetricPANWSAP
Gross margin71.94%72.79%
Operating margin9.65%26.87%
Net margin7.95%19.58%
ROE3.05%16.51%
ROIC5.67%12.45%

Dividends

MetricPANWSAP
Dividend yield1.92%
Payout ratio41.45%

Growth (annualized)

MetricPANWSAP
Revenue CAGR (5Y)21.62%6.51%
EPS CAGR (5Y)69.46%5.95%
FCF CAGR (5Y)25.30%3.62%
Total return CAGR (5Y)36.50%3.72%

Frequently asked

Which is better, PANW or SAP?
It depends on your goal. value: SAP (lower P/E); growth: PANW (faster 5Y revenue CAGR); quality: SAP (higher ROIC). Across all compared metrics, SAP leads 11 to 4.
Is PANW or SAP cheaper?
On trailing earnings, SAP is cheaper: PANW trades at a 252.97 P/E and SAP at 20.58.
Which has grown faster, PANW or SAP?
Over the past five years, PANW grew revenue faster — PANW at a 21.62% CAGR versus SAP at 6.51%.
Does PANW or SAP pay a bigger dividend?
SAP pays a dividend (1.92% yield) while PANW does not currently pay one.
Is PANW or SAP more profitable?
SAP runs the higher net margin — PANW at 7.95% versus SAP at 19.58%.
Which has been the better investment, PANW or SAP?
Over the past 10-year, PANW delivered the higher annualized total return — PANW at 30.00% versus SAP at 8.24%. 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 24, 2026.