Seek Returns

BMNR vs. PANW: Bitmine Immersion vs. Palo Alto Networks Stock Comparison

How do Bitmine Immersion (BMNR) and Palo Alto Networks (PANW) stack up? This page sets them side by side across company profile, performance and risk, profitability, growth, financial strength, dividends, and valuation, with selected fundamentals also measured against each stock's industry-group peers.

Company Profile

Bitmine Immersion (BMNR) and Palo Alto Networks (PANW) both belong to the Software industry, though BMNR is classified under Application Software while PANW falls under Systems Software.

Palo Alto Networks (PANW) has been public since July 20, 2012, giving it a longer listed trading history, while Bitmine Immersion (BMNR) listed on June 5, 2025 and still has a shorter public-market record.

Company profile comparison for Bitmine Immersion (BMNR) and Palo Alto Networks (PANW)
Profile ItemBMNRPANW
NameBitMine Immersion Technologies, Inc.Palo Alto Networks, Inc.
Country/RegionUnited StatesUnited States
GICS SectorInformation TechnologyInformation Technology
GICS Industry GroupSoftware & ServicesSoftware & Services
GICS IndustrySoftwareSoftware
GICS Sub-IndustryApplication SoftwareSystems Software
Market Capitalization11.32 billion USD256.86 billion USD
CurrencyUSDUSD
ExchangeNYSE AmericanNasdaq
Listing DateJune 5, 2025July 20, 2012
Security TypeCommon StockCommon Stock

Price Performance

Cumulative Growth

BMNR
PANW
GSPC
Loading price history…
Bitmine Immersion (BMNR) vs. Palo Alto Networks (PANW), with S&P 500 (GSPC) for reference: Growth of a $10,000 investment over the past five years. Adjusted for dividends and splits.

Trailing Returns

Loading price history…
Trailing total returns for Bitmine Immersion (BMNR) and Palo Alto Networks (PANW). Returns over one year are annualized.

Calendar-Year Returns

Loading price history…
Calendar-year total returns for Bitmine Immersion (BMNR) and Palo Alto Networks (PANW). Each bar is that year's total return, measured year-end to year-end.

Performance Metrics

Price performance metrics for Bitmine Immersion (BMNR) and Palo Alto Networks (PANW)
MetricBMNRPANW
Total Return (1Y)-52.72%53.99%
Total Return (3Y, Annualized)--39.16%
Total Return (5Y, Annualized)--30.80%

Risk Profile

Drawdown History

BMNR
PANW
GSPC
Loading price history…
Bitmine Immersion (BMNR) vs. Palo Alto Networks (PANW), with S&P 500 (GSPC) for reference: Drawdown from the running peak over the past five years. Each line shows the decline from its prior peak; 0% marks a new high.

Return Distribution

Loading price history…
Distribution of monthly total returns for Bitmine Immersion (BMNR) and Palo Alto Networks (PANW). Each bar is the share of months whose return fell in that 5% bucket.

Risk Metrics

Risk profile metrics for Bitmine Immersion (BMNR) and Palo Alto Networks (PANW)
MetricBMNRPANW
Volatility (1Y, Annualized)89.23%51.34%
Beta (5Y)1.751.00
Max Drawdown (5Y)-90.14%-36.01%
Avg. Volume (3M)36.95M6.03M

Risk-Adjusted Performance

Risk-Return Positioning

Loading chart…
BMNR and PANW are plotted by 1-year volatility (risk) and 1-year return. The dashed Capital Allocation Line runs from the risk-free rate through the shared industry median.

Risk-Adjusted Metrics

Risk-adjusted metrics for Bitmine Immersion (BMNR) and Palo Alto Networks (PANW)
MetricBMNRPANW
Sharpe Ratio (1Y)-0.640.97
Sortino Ratio (1Y)-0.931.49

Profitability

ROE (TTM)

Bitmine Immersion (BMNR) reports a negative ROE of -150.91%; negative ROE can reflect losses or negative shareholders’ equity, so it is harder to read as capital efficiency. Meanwhile Palo Alto Networks (PANW) reports 1.74%, ranking against industry peers normally.

BMNR

Software & Services industry group

-150.91%

Max
53.85%
Q3
17.90%
Median
6.59%
Q1
-9.59%
Min
-50.52%
BMNR
-150.91%

PANW

Software & Services industry group

1.74%

Max
53.85%
Q3
17.90%
Median
6.59%
PANW
1.74%
Q1
-9.59%
Min
-50.52%
Loading chart…
Bitmine Immersion (BMNR) vs. Palo Alto Networks (PANW): A comparison of their ROE against the Software & Services industry group benchmark.

Net Margin (TTM)

Both Bitmine Immersion (BMNR) at 0.00% and Palo Alto Networks (PANW) at 2.67% keep about the typical share of revenue as profit for their industries — neither bottom line stands out from peers.

BMNR

Software & Services industry group

0.00%

Max
41.17%
Q3
15.28%
Median
4.63%
BMNR
0.00%
Q1
-5.42%
Min
-33.17%

PANW

Software & Services industry group

2.67%

Max
41.17%
Q3
15.28%
Median
4.63%
PANW
2.67%
Q1
-5.42%
Min
-33.17%
Loading chart…
Bitmine Immersion (BMNR) vs. Palo Alto Networks (PANW): A comparison of their net margin against the Software & Services industry group benchmark.

Operating Margin (TTM)

Both Bitmine Immersion (BMNR) at 8.42% and Palo Alto Networks (PANW) at 5.40% run core operations about as efficiently as their industries’ norm — neither stands out on operating profitability.

BMNR

Software & Services industry group

8.42%

Max
46.89%
Q3
17.64%
Median
8.73%
BMNR
8.42%
Q1
-2.13%
Min
-30.45%

PANW

Software & Services industry group

5.40%

Max
46.89%
Q3
17.64%
Median
8.73%
PANW
5.40%
Q1
-2.13%
Min
-30.45%
Loading chart…
Bitmine Immersion (BMNR) vs. Palo Alto Networks (PANW): A comparison of their operating margin against the Software & Services industry group benchmark.

Profitability Metrics

Profitability metrics for Bitmine Immersion (BMNR) and Palo Alto Networks (PANW)
MetricBMNRPANW
ROE (TTM)-150.91%1.74%
ROA (TTM)-3.17%1.40%
Net Margin (TTM)0.00%2.67%
Operating Margin (TTM)8.42%5.40%
Gross Margin (TTM)84.44%70.38%

Growth

Revenue Growth

Bitmine Immersion (BMNR) at 84.14% clears its industry range for revenue growth, far stronger top-line momentum than Palo Alto Networks (PANW) at 24.50%, which is closer to a typical peer reading.

Loading chart…
Bitmine Immersion (BMNR) vs. Palo Alto Networks (PANW): A comparison of their Revenue Growth across different time periods.

EPS Growth

Only one side can be read here: Palo Alto Networks (PANW) reports EPS growth of -75.00%, ranked against its industry; Bitmine Immersion (BMNR) has no EPS growth figure this period.

Loading chart…
Bitmine Immersion (BMNR) vs. Palo Alto Networks (PANW): A comparison of their EPS Growth across different time periods.

Growth Metrics

Growth metrics for Bitmine Immersion (BMNR) and Palo Alto Networks (PANW)
MetricBMNRPANW
Revenue Growth (YoY)84.14%24.50%
Revenue Growth (3Y CAGR)142.45%18.54%
EPS Growth (YoY)---75.00%
EPS Growth (3Y CAGR)---14.50%

Financial Strength

Current Ratio (MRQ)

Bitmine Immersion (BMNR) at 36.68 carries current ratio above its industry’s typical mid-range, while Palo Alto Networks (PANW) at 0.87 runs in the tighter-liquidity quartile — different working-capital profiles, both worth examining.

BMNR

Software & Services industry group

36.68

BMNR
36.68
Max
5.11
Q3
2.77
Median
1.67
Q1
1.01
Min
0.03

PANW

Software & Services industry group

0.87

Max
5.11
Q3
2.77
Median
1.67
Q1
1.01
PANW
0.87
Min
0.03
Loading chart…
Bitmine Immersion (BMNR) vs. Palo Alto Networks (PANW): A comparison of their current ratio against the Software & Services industry group benchmark.

Debt / Equity (MRQ)

Bitmine Immersion (BMNR) at 0.00 keeps leverage in the lower industry quartile, while Palo Alto Networks (PANW) at 0.09 runs a more typical debt-to-equity mix.

BMNR

Software & Services industry group

0.00

Max
2.52
Q3
1.13
Median
0.40
Q1
0.07
BMNR
0.00
Min
0.00

PANW

Software & Services industry group

0.09

Max
2.52
Q3
1.13
Median
0.40
PANW
0.09
Q1
0.07
Min
0.00
Loading chart…
Bitmine Immersion (BMNR) vs. Palo Alto Networks (PANW): A comparison of their debt-to-equity ratio against the Software & Services industry group benchmark.

Financial Strength Metrics

Financial strength metrics for Bitmine Immersion (BMNR) and Palo Alto Networks (PANW)
MetricBMNRPANW
Current Ratio (MRQ)36.680.87
Debt / Equity (MRQ)0.000.09
Net Debt / EBITDA---0.32

Dividends

Dividend Yield (TTM)

Palo Alto Networks (PANW) pays no dividend (yield 0.00%) — it may be reinvesting, using buybacks, or simply not returning cash through dividends. Meanwhile Bitmine Immersion (BMNR) reports a yield of 0.05%, ranking against industry peers normally.

BMNR

Software & Services industry group

0.05%

BMNR
0.05%
Max
0.00%
Q3
0.00%
Median
0.00%
Q1
0.00%
Min
0.00%

PANW

Software & Services industry group

0.00%

PANW
0.00%
Max
0.00%
Q3
0.00%
Median
0.00%
Q1
0.00%
Min
0.00%
Loading chart…
Bitmine Immersion (BMNR) vs. Palo Alto Networks (PANW): A comparison of their dividend yield against the Software & Services industry group benchmark.

Dividend Payout Ratio (TTM)

Neither Bitmine Immersion (BMNR) nor Palo Alto Networks (PANW) pays a dividend this period — they may reinvest, use buybacks, or simply not return cash through dividends.

BMNR

Software & Services industry group

0.00%

BMNR
0.00%
Max
0.00%
Q3
0.00%
Median
0.00%
Q1
0.00%
Min
0.00%

PANW

Software & Services industry group

0.00%

PANW
0.00%
Max
0.00%
Q3
0.00%
Median
0.00%
Q1
0.00%
Min
0.00%
Loading chart…
Bitmine Immersion (BMNR) vs. Palo Alto Networks (PANW): A comparison of their payout ratio against the Software & Services industry group benchmark.

Dividend Metrics

Dividend metrics for Bitmine Immersion (BMNR) and Palo Alto Networks (PANW)
MetricBMNRPANW
Dividend Yield (TTM)0.05%0.00%
Dividend Payout Ratio (TTM)0.00%0.00%

Valuation

P/E Ratio (TTM)

An earnings multiple is available for just one side: Palo Alto Networks (PANW) trades at 784.60 times trailing earnings, ranked against its peers, while Bitmine Immersion (BMNR) has no P/E ratio this period.

BMNR

Software & Services industry group

--

Max
112.94
Q3
60.32
Median
32.91
Q1
18.77
Min
6.69
BMNR
--

PANW

Software & Services industry group

784.60

PANW
784.60
Max
112.94
Q3
60.32
Median
32.91
Q1
18.77
Min
6.69
Loading chart…
Bitmine Immersion (BMNR) vs. Palo Alto Networks (PANW): BMNR does not report P/E ratio, so it has no value marker; PANW is benchmarked against the Software & Services industry group.

P/S Ratio (TTM)

Investors are paying well above the peer range per dollar of sales for both Bitmine Immersion (BMNR) at 184.93 and Palo Alto Networks (PANW) at 22.37 — each P/S ratio clears its industry’s benchmark range.

BMNR

Software & Services industry group

184.93

BMNR
184.93
Max
17.91
Q3
8.78
Median
4.25
Q1
2.23
Min
0.02

PANW

Software & Services industry group

22.37

PANW
22.37
Max
17.91
Q3
8.78
Median
4.25
Q1
2.23
Min
0.02
Loading chart…
Bitmine Immersion (BMNR) vs. Palo Alto Networks (PANW): A comparison of their P/S ratio against the Software & Services industry group benchmark.

P/B Ratio (MRQ)

Bitmine Immersion (BMNR) at 0.94 looks cheap against book in the lower P/B ratio quartile, while Palo Alto Networks (PANW) at 9.30 carries a premium in the upper quartile — a clear price-to-book gap.

BMNR

Software & Services industry group

0.94

Max
16.63
Q3
8.50
Median
4.30
Q1
1.92
BMNR
0.94
Min
-3.90

PANW

Software & Services industry group

9.30

Max
16.63
PANW
9.30
Q3
8.50
Median
4.30
Q1
1.92
Min
-3.90
Loading chart…
Bitmine Immersion (BMNR) vs. Palo Alto Networks (PANW): A comparison of their P/B ratio against the Software & Services industry group benchmark.

Valuation Metrics

Valuation metrics for Bitmine Immersion (BMNR) and Palo Alto Networks (PANW)
MetricBMNRPANW
P/E Ratio (TTM)--784.60
P/S Ratio (TTM)184.9322.37
P/B Ratio (MRQ)0.949.30
Free Cash Flow Yield (TTM)-4.58%1.65%