Palo Alto Networks, Inc. (PANW) vs Shopify Inc. (SHOP)

SHOP leads on 9 of 16 compared metrics.

A side-by-side comparison of Palo Alto Networks, Inc. and Shopify Inc. across valuation, profitability, dividends, and growth — built entirely from reported fundamentals, as of June 14, 2026. The ● marks the stronger figure on each row (cheaper multiple, higher margin/return).

Total return — PANW vs SHOP

growth of $100 · last 11y
PANW +958.4%SHOP +6267.1%SHOP compounded faster
Log scale — wide-divergence pair
101001k10k100kStart $10020172019202120232025$1,058$6,367
PANW SHOP

PANW vs SHOP: by the numbers

  • PANW is the larger company ($190.56B vs $140.46B market cap).
  • SHOP trades at the lower earnings multiple (106.12 vs 243.15 P/E).
  • SHOP converts more revenue to profit (10.77% vs 7.95% net margin).
  • SHOP grew revenue faster over the past five years (29.11% vs 21.62% CAGR).

Which is better, PANW or SHOP?

Metric tally: PANW 7 · SHOP 9

It depends on what you're optimizing for:

ValueSHOP(lower P/E)
GrowthSHOP(faster 5Y revenue CAGR)
QualitySHOP(higher ROIC)

Metrics side by side

Valuation

MetricPANWSHOP
P/E ratio243.15106.12
Forward P/E68.6246.86
P/S ratio19.6111.41
P/B ratio7.5211.25
PEG ratio3.503.71
EV / EBITDA117.46240.76
FCF yield2.06%1.51%

Profitability

MetricPANWSHOP
Gross margin71.94%47.97%
Operating margin9.65%13.32%
Net margin7.95%10.77%
ROE3.05%10.62%
ROIC5.67%8.67%

Growth (annualized)

MetricPANWSHOP
Revenue CAGR (5Y)21.62%29.11%
EPS CAGR (5Y)69.46%28.61%
FCF CAGR (5Y)25.30%28.17%
Total return CAGR (5Y)35.59%-2.79%

Frequently asked

Which is better, PANW or SHOP?
It depends on your goal. value: SHOP (lower P/E); growth: SHOP (faster 5Y revenue CAGR); quality: SHOP (higher ROIC). Across all compared metrics, SHOP leads 9 to 7.
Is PANW or SHOP cheaper?
On trailing earnings, SHOP is cheaper: PANW trades at a 243.15 P/E and SHOP at 106.12.
Which has grown faster, PANW or SHOP?
Over the past five years, SHOP grew revenue faster — PANW at a 21.62% CAGR versus SHOP at 29.11%.
Is PANW or SHOP more profitable?
SHOP runs the higher net margin — PANW at 7.95% versus SHOP at 10.77%.
Which has been the better investment, PANW or SHOP?
Over the past 10-year, SHOP delivered the higher annualized total return — PANW at 29.01% versus SHOP at 43.95%. 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 14, 2026.