Palo Alto Networks, Inc. (PANW) vs Western Digital Corporation (WDC)

WDC leads on 11 of 16 compared metrics.

A side-by-side comparison of Palo Alto Networks, Inc. and Western Digital Corporation across valuation, profitability, dividends, and growth — built entirely from reported fundamentals, as of June 13, 2026. The ● marks the stronger figure on each row (cheaper multiple, higher margin/return).

Total return — PANW vs WDC

growth of $100 · last 14y
PANW +3059.5%WDC +2223.3%PANW compounded faster
01k2k3kStart $1002015201820212024$3,160$2,323
PANW WDC

PANW vs WDC: by the numbers

  • WDC is the larger company ($194.03B vs $190.56B market cap).
  • WDC trades at the lower earnings multiple (32.96 vs 243.15 P/E).
  • WDC converts more revenue to profit (55.07% vs 7.95% net margin).
  • PANW grew revenue faster over the past five years (21.62% vs -6.28% CAGR).
  • WDC pays a dividend (0.09% yield) while PANW does not currently pay one.

Which is better, PANW or WDC?

Metric tally: PANW 5 · WDC 11

It depends on what you're optimizing for:

ValueWDC(lower P/E)
GrowthPANW(faster 5Y revenue CAGR)
QualityWDC(higher ROIC)

Valuation

MetricPANWWDC
P/E ratio243.1532.96
Forward P/E68.6232.14
P/S ratio19.6117.97
P/B ratio7.5221.87
PEG ratio3.502.55
EV / EBITDA117.4628.04
FCF yield2.06%1.37%

Profitability

MetricPANWWDC
Gross margin71.94%45.43%
Operating margin9.65%30.78%
Net margin7.95%55.07%
ROE3.05%67.00%
ROIC5.67%21.53%

Dividends

MetricPANWWDC
Dividend yield0.09%
Payout ratio9.42%

Growth (annualized)

MetricPANWWDC
Revenue CAGR (5Y)21.62%-6.28%
EPS CAGR (5Y)69.46%12.92%
FCF CAGR (5Y)25.30%78.08%
Total return CAGR (5Y)35.59%58.48%

Frequently asked

Which is better, PANW or WDC?
It depends on your goal. value: WDC (lower P/E); growth: PANW (faster 5Y revenue CAGR); quality: WDC (higher ROIC). Across all compared metrics, WDC leads 11 to 5.
Is PANW or WDC cheaper?
On trailing earnings, WDC is cheaper: PANW trades at a 243.15 P/E and WDC at 32.96.
Which has grown faster, PANW or WDC?
Over the past five years, PANW grew revenue faster — PANW at a 21.62% CAGR versus WDC at -6.28%.
Does PANW or WDC pay a bigger dividend?
WDC pays a dividend (0.09% yield) while PANW does not currently pay one.
Is PANW or WDC more profitable?
WDC runs the higher net margin — PANW at 7.95% versus WDC at 55.07%.
Which has been the better investment, PANW or WDC?
Over the past 10-year, WDC delivered the higher annualized total return — PANW at 29.01% versus WDC at 33.71%. 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 13, 2026.