CRWD vs. PANW: A Head-to-Head Stock Comparison

Updated on November 22, 2025

Here’s a clear look at CRWD and PANW, comparing key factors like historical performance, profitability, financial strength, growth, dividend, and valuation.

Company Profile

Symbol	CRWD	PANW
Company Name	CrowdStrike Holdings, Inc.	Palo Alto Networks, Inc.
Country	United States	United States
GICS Sector	Information Technology	Information Technology
GICS Industry	Software	Software
Market Capitalization	123.14 billion USD	127.48 billion USD
Exchange	NasdaqGS	NasdaqGS
Listing Date	June 12, 2019	July 20, 2012
Security Type	Common Stock	Common Stock

Historical Performance

This chart compares the performance of CRWD and PANW by tracking the growth of an initial $10,000 investment in each. Use the tabs to select the desired time period. Data is adjusted for dividends and splits.

CRWD vs. PANW: Growth of a $10,000 investment over the past one year.

Historical Performance at a Glance

Symbol	CRWD	PANW
5-Day Price Return	-6.74%	-9.83%
13-Week Price Return	21.07%	0.95%
26-Week Price Return	12.82%	-4.75%
52-Week Price Return	41.90%	-4.62%
Month-to-Date Return	-7.68%	-15.97%
Year-to-Date Return	46.51%	1.71%
10-Day Avg. Volume	2.03M	6.27M
3-Month Avg. Volume	2.81M	7.28M
3-Month Volatility	41.30%	27.02%
Beta	1.03	0.82

Profitability

Return on Equity (TTM)

CRWD

-8.77%

Software Industry

Max: 65.88%
Q3: 22.54%
Median: 10.46%
Q1: -6.54%
Min: -41.05%

CRWD has a negative Return on Equity of -8.77%. This indicates the company is generating a loss for its shareholders, which can be a result of unprofitability or negative shareholder equity and is often a sign of financial distress.

PANW

14.85%

Software Industry

Max: 65.88%
Q3: 22.54%
Median: 10.46%
Q1: -6.54%
Min: -41.05%

PANW’s Return on Equity of 14.85% is on par with the norm for the Software industry, indicating its profitability relative to shareholder equity is typical for the sector.

CRWD vs. PANW: A comparison of their Return on Equity (TTM) against the Software industry benchmark.

Net Profit Margin (TTM)

CRWD

-6.84%

Software Industry

Max: 53.50%
Q3: 20.30%
Median: 9.60%
Q1: -4.98%
Min: -41.00%

CRWD has a negative Net Profit Margin of -6.84%, indicating the company is operating at a net loss as its expenses exceeded its revenues.

PANW

11.69%

Software Industry

Max: 53.50%
Q3: 20.30%
Median: 9.60%
Q1: -4.98%
Min: -41.00%

PANW’s Net Profit Margin of 11.69% is aligned with the median group of its peers in the Software industry. This indicates its ability to convert revenue into profit is typical for the sector.

CRWD vs. PANW: A comparison of their Net Profit Margin (TTM) against the Software industry benchmark.

Operating Profit Margin (TTM)

CRWD

-8.72%

Software Industry

Max: 61.99%
Q3: 23.67%
Median: 10.93%
Q1: -3.57%
Min: -40.19%

CRWD has a negative Operating Profit Margin of -8.72%. This signifies the company is unprofitable at the operational level, as its core business expenses exceed its revenue.

PANW

13.24%

Software Industry

Max: 61.99%
Q3: 23.67%
Median: 10.93%
Q1: -3.57%
Min: -40.19%

PANW’s Operating Profit Margin of 13.24% is around the midpoint for the Software industry, indicating that its efficiency in managing core business operations is typical for the sector.

CRWD vs. PANW: A comparison of their Operating Profit Margin (TTM) against the Software industry benchmark.

Profitability at a Glance

Symbol	CRWD	PANW
Return on Equity (TTM)	-8.77%	14.85%
Return on Assets (TTM)	-3.44%	4.96%
Net Profit Margin (TTM)	-6.84%	11.69%
Operating Profit Margin (TTM)	-8.72%	13.24%
Gross Profit Margin (TTM)	74.16%	73.47%

Financial Strength

Current Ratio (MRQ)

CRWD

1.88

Software Industry

Max: 4.01
Q3: 2.27
Median: 1.50
Q1: 1.03
Min: 0.25

CRWD’s Current Ratio of 1.88 aligns with the median group of the Software industry, indicating that its short-term liquidity is in line with its sector peers.

PANW

0.99

Software Industry

Max: 4.01
Q3: 2.27
Median: 1.50
Q1: 1.03
Min: 0.25

PANW’s Current Ratio of 0.99 falls into the lower quartile for the Software industry. This indicates a tighter liquidity situation and a more constrained capacity to handle short-term debt than many of its competitors.

CRWD vs. PANW: A comparison of their Current Ratio (MRQ) against the Software industry benchmark.

Debt-to-Equity Ratio (MRQ)

CRWD

0.20

Software Industry

Max: 2.04
Q3: 0.86
Median: 0.29
Q1: 0.00
Min: 0.00

CRWD’s Debt-to-Equity Ratio of 0.20 is typical for the Software industry, indicating its use of leverage is in line with the sector norm. This suggests a balanced approach to its capital structure.

PANW

0.00

Software Industry

Max: 2.04
Q3: 0.86
Median: 0.29
Q1: 0.00
Min: 0.00

PANW’s Debt-to-Equity Ratio of 0.00 is typical for the Software industry, indicating its use of leverage is in line with the sector norm. This suggests a balanced approach to its capital structure.

CRWD vs. PANW: A comparison of their Debt-to-Equity Ratio (MRQ) against the Software industry benchmark.

Interest Coverage Ratio (TTM)

CRWD

-6.83

Software Industry

Max: 89.65
Q3: 33.82
Median: 1.59
Q1: -10.48
Min: -71.23

CRWD has a negative Interest Coverage Ratio of -6.83. This indicates that its earnings were insufficient to cover even its operational costs, let alone its interest payments, signaling significant financial distress.

PANW

-19.72

Software Industry

Max: 89.65
Q3: 33.82
Median: 1.59
Q1: -10.48
Min: -71.23

PANW has a negative Interest Coverage Ratio of -19.72. This indicates that its earnings were insufficient to cover even its operational costs, let alone its interest payments, signaling significant financial distress.

CRWD vs. PANW: A comparison of their Interest Coverage Ratio (TTM) against the Software industry benchmark.

Financial Strength at a Glance

Symbol	CRWD	PANW
Current Ratio (MRQ)	1.88	0.99
Quick Ratio (MRQ)	1.79	0.90
Debt-to-Equity Ratio (MRQ)	0.20	0.00
Interest Coverage Ratio (TTM)	-6.83	-19.72

Growth

Revenue Growth

CRWD vs. PANW: A side-by-side comparison of their Revenue Growth for the MRQ (YoY), TTM (YoY), 3-Year CAGR, and 5-Year CAGR periods.

EPS Growth

CRWD vs. PANW: A side-by-side comparison of their EPS Growth for the MRQ (YoY), TTM (YoY), 3-Year CAGR, and 5-Year CAGR periods.

Dividend

Dividend Yield (TTM)

CRWD

0.00%

Software Industry

Max: 0.34%
Q3: 0.17%
Median: 0.00%
Q1: 0.00%
Min: 0.00%

CRWD currently does not pay a dividend, resulting in a yield of 0%. This is a common strategy for growth-focused companies that prioritize reinvesting earnings, though it may be less typical in mature, income-oriented sectors.

PANW

0.00%

Software Industry

Max: 0.34%
Q3: 0.17%
Median: 0.00%
Q1: 0.00%
Min: 0.00%

PANW currently does not pay a dividend, resulting in a yield of 0%. This is a common strategy for growth-focused companies that prioritize reinvesting earnings, though it may be less typical in mature, income-oriented sectors.

CRWD vs. PANW: A comparison of their Dividend Yield (TTM) against the Software industry benchmark.

Dividend Payout Ratio (TTM)

CRWD

0.00%

Software Industry

Max: 12.76%
Q3: 6.56%
Median: 0.00%
Q1: 0.00%
Min: 0.00%

CRWD has a Dividend Payout Ratio of 0%, indicating it does not currently pay a dividend. This is a common strategy for growth-oriented companies that reinvest all profits back into the business.

PANW

0.00%

Software Industry

Max: 12.76%
Q3: 6.56%
Median: 0.00%
Q1: 0.00%
Min: 0.00%

PANW has a Dividend Payout Ratio of 0%, indicating it does not currently pay a dividend. This is a common strategy for growth-oriented companies that reinvest all profits back into the business.

CRWD vs. PANW: A comparison of their Dividend Payout Ratio (TTM) against the Software industry benchmark.

Dividend at a Glance

Symbol	CRWD	PANW
Dividend Yield (TTM)	0.00%	0.00%
Dividend Payout Ratio (TTM)	0.00%	0.00%

Valuation

Price-to-Earnings Ratio (TTM)

CRWD

Software Industry

Max: 142.78
Q3: 72.24
Median: 36.21
Q1: 24.24
Min: 4.55

P/E Ratio data for CRWD is currently unavailable.

PANW

111.98

Software Industry

Max: 142.78
Q3: 72.24
Median: 36.21
Q1: 24.24
Min: 4.55

A P/E Ratio of 111.98 places PANW in the upper quartile for the Software industry. This high valuation relative to peers suggests the market holds elevated expectations for the company’s future growth.

CRWD vs. PANW: A comparison of their Price-to-Earnings Ratio (TTM) against the Software industry benchmark.

Price-to-Sales Ratio (TTM)

CRWD

28.66

Software Industry

Max: 20.79
Q3: 12.71
Median: 6.75
Q1: 4.56
Min: 0.87

With a P/S Ratio of 28.66, CRWD trades at a valuation that eclipses even the highest in the Software industry. This implies the market has priced in exceptionally optimistic scenarios for future revenue growth, posing considerable valuation risk.

PANW

13.09

Software Industry

Max: 20.79
Q3: 12.71
Median: 6.75
Q1: 4.56
Min: 0.87

PANW’s P/S Ratio of 13.09 is in the upper echelon for the Software industry. This means the company is valued richly on its revenue stream compared to its peers, suggesting the stock is priced for a high level of future performance.

CRWD vs. PANW: A comparison of their Price-to-Sales Ratio (TTM) against the Software industry benchmark.

Price-to-Book Ratio (MRQ)

CRWD

30.16

Software Industry

Max: 30.49
Q3: 14.84
Median: 8.09
Q1: 4.32
Min: 0.38

CRWD’s P/B Ratio of 30.16 is in the upper tier for the Software industry. This indicates that investors are paying a premium relative to the company’s net assets, a valuation that hinges on its ability to generate superior profits.

PANW

17.20

Software Industry

Max: 30.49
Q3: 14.84
Median: 8.09
Q1: 4.32
Min: 0.38

PANW’s P/B Ratio of 17.20 is in the upper tier for the Software industry. This indicates that investors are paying a premium relative to the company’s net assets, a valuation that hinges on its ability to generate superior profits.

CRWD vs. PANW: A comparison of their Price-to-Book Ratio (MRQ) against the Software industry benchmark.

Valuation at a Glance

Symbol	CRWD	PANW
Price-to-Earnings Ratio (TTM)	--	111.98
Price-to-Sales Ratio (TTM)	28.66	13.09
Price-to-Book Ratio (MRQ)	30.16	17.20
Price-to-Free Cash Flow Ratio (TTM)	119.86	36.05