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CRWV vs. PANW: CoreWeave vs. Palo Alto Networks Stock Comparison

How do CoreWeave (CRWV) 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

CoreWeave (CRWV) and Palo Alto Networks (PANW) both fall under the Software & Services industry group, but CRWV is classified in IT Services while PANW is classified in Software.

Palo Alto Networks (PANW) has been public since July 20, 2012, giving it a longer listed trading history, while CoreWeave (CRWV) listed on March 28, 2025 and still has a shorter public-market record.

Company profile comparison for CoreWeave (CRWV) and Palo Alto Networks (PANW)
Profile ItemCRWVPANW
NameCoreWeave Inc. Class A Common StockPalo Alto Networks, Inc.
Country/RegionUnited StatesUnited States
GICS SectorInformation TechnologyInformation Technology
GICS Industry GroupSoftware & ServicesSoftware & Services
GICS IndustryIT ServicesSoftware
GICS Sub-IndustryInternet Services & InfrastructureSystems Software
Market Capitalization25.59 billion USD256.86 billion USD
CurrencyUSDUSD
ExchangeNasdaqNasdaq
Listing DateMarch 28, 2025July 20, 2012
Security TypeCommon StockCommon Stock

Price Performance

Cumulative Growth

CRWV
PANW
GSPC
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CoreWeave (CRWV) 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

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Trailing total returns for CoreWeave (CRWV) and Palo Alto Networks (PANW). Returns over one year are annualized.

Calendar-Year Returns

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Calendar-year total returns for CoreWeave (CRWV) 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 CoreWeave (CRWV) and Palo Alto Networks (PANW)
MetricCRWVPANW
Total Return (1Y)-52.69%53.99%
Total Return (3Y, Annualized)--39.16%
Total Return (5Y, Annualized)--30.80%

Risk Profile

Drawdown History

CRWV
PANW
GSPC
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CoreWeave (CRWV) 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

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Distribution of monthly total returns for CoreWeave (CRWV) and Palo Alto Networks (PANW). Each bar is the share of months whose return fell in that 5% bucket.

Risk Metrics

CoreWeave (CRWV) carries a highly aggressive beta of 7.43, indicating much higher sensitivity to broad-market moves, whereas Palo Alto Networks (PANW) is closer to market-like at 1.00 — a noticeable difference in market-sensitivity profile.

Risk profile metrics for CoreWeave (CRWV) and Palo Alto Networks (PANW)
MetricCRWVPANW
Volatility (1Y, Annualized)98.61%51.34%
Beta (5Y)7.431.00
Max Drawdown (5Y)-76.22%-36.01%
Avg. Volume (3M)40.98M6.03M

Risk-Adjusted Performance

Risk-Return Positioning

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CRWV 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 CoreWeave (CRWV) and Palo Alto Networks (PANW)
MetricCRWVPANW
Sharpe Ratio (1Y)-0.580.97
Sortino Ratio (1Y)-0.861.49

Profitability

ROE (TTM)

CoreWeave (CRWV) reports a negative ROE of -43.60%; 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.

CRWV

Software & Services industry group

-43.60%

Max
53.85%
Q3
17.90%
Median
6.59%
Q1
-9.59%
CRWV
-43.60%
Min
-50.52%

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%
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CoreWeave (CRWV) vs. Palo Alto Networks (PANW): A comparison of their ROE against the Software & Services industry group benchmark.

Net Margin (TTM)

CoreWeave (CRWV) reports a negative net margin of -25.40%, usually indicating a net loss over the period. Meanwhile Palo Alto Networks (PANW) reports 2.67%, ranking against industry peers normally.

CRWV

Software & Services industry group

-25.40%

Max
41.17%
Q3
15.28%
Median
4.63%
Q1
-5.42%
CRWV
-25.40%
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%
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CoreWeave (CRWV) vs. Palo Alto Networks (PANW): A comparison of their net margin against the Software & Services industry group benchmark.

Operating Margin (TTM)

CoreWeave (CRWV) reports a negative operating margin of -1.90%, usually indicating that operating costs exceeded revenue at the operating-income line. Meanwhile Palo Alto Networks (PANW) reports 5.40%, ranking against industry peers normally.

CRWV

Software & Services industry group

-1.90%

Max
46.89%
Q3
17.64%
Median
8.73%
CRWV
-1.90%
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%
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CoreWeave (CRWV) vs. Palo Alto Networks (PANW): A comparison of their operating margin against the Software & Services industry group benchmark.

Profitability Metrics

Profitability metrics for CoreWeave (CRWV) and Palo Alto Networks (PANW)
MetricCRWVPANW
ROE (TTM)-43.60%1.74%
ROA (TTM)-0.24%1.40%
Net Margin (TTM)-25.40%2.67%
Operating Margin (TTM)-1.90%5.40%
Gross Margin (TTM)67.42%70.38%

Growth

Revenue Growth

CoreWeave (CRWV) at 167.94% 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.

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CoreWeave (CRWV) 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; CoreWeave (CRWV) has no EPS growth figure this period.

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CoreWeave (CRWV) vs. Palo Alto Networks (PANW): A comparison of their EPS Growth across different time periods.

Growth Metrics

Growth metrics for CoreWeave (CRWV) and Palo Alto Networks (PANW)
MetricCRWVPANW
Revenue Growth (YoY)167.94%24.50%
Revenue Growth (3Y CAGR)586.92%18.54%
EPS Growth (YoY)---75.00%
EPS Growth (3Y CAGR)---14.50%

Financial Strength

Current Ratio (MRQ)

Both CoreWeave (CRWV) at 0.46 and Palo Alto Networks (PANW) at 0.87 run current ratio in the tighter-liquidity quartile of industry peers, leaving thinner cushions against current liabilities than typical competitors.

CRWV

Software & Services industry group

0.46

Max
5.11
Q3
2.77
Median
1.67
Q1
1.01
CRWV
0.46
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
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CoreWeave (CRWV) vs. Palo Alto Networks (PANW): A comparison of their current ratio against the Software & Services industry group benchmark.

Debt / Equity (MRQ)

Palo Alto Networks (PANW) at 0.09 is near its industry mid-range for debt-to-equity ratio, while CoreWeave (CRWV) at 10.27 sits above its benchmark range, pointing to a heavier debt load relative to equity.

CRWV

Software & Services industry group

10.27

CRWV
10.27
Max
2.52
Q3
1.13
Median
0.40
Q1
0.07
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
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CoreWeave (CRWV) 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 CoreWeave (CRWV) and Palo Alto Networks (PANW)
MetricCRWVPANW
Current Ratio (MRQ)0.460.87
Debt / Equity (MRQ)10.270.09
Net Debt / EBITDA12.16-0.32

Dividends

Dividend Yield (TTM)

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

CRWV

Software & Services industry group

0.00%

CRWV
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%
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CoreWeave (CRWV) vs. Palo Alto Networks (PANW): A comparison of their dividend yield against the Software & Services industry group benchmark.

Dividend Payout Ratio (TTM)

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

CRWV

Software & Services industry group

0.00%

CRWV
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%
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CoreWeave (CRWV) vs. Palo Alto Networks (PANW): A comparison of their payout ratio against the Software & Services industry group benchmark.

Dividend Metrics

Dividend metrics for CoreWeave (CRWV) and Palo Alto Networks (PANW)
MetricCRWVPANW
Dividend Yield (TTM)0.00%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 CoreWeave (CRWV) has no P/E ratio this period.

CRWV

Software & Services industry group

--

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

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
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CoreWeave (CRWV) vs. Palo Alto Networks (PANW): CRWV 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)

CoreWeave (CRWV) at 3.37 prices around its industry’s typical P/S ratio, while Palo Alto Networks (PANW) at 22.37 clears its benchmark range — PANW looks notably rich on sales.

CRWV

Software & Services industry group

3.37

Max
17.91
Q3
8.78
Median
4.25
CRWV
3.37
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
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CoreWeave (CRWV) vs. Palo Alto Networks (PANW): A comparison of their P/S ratio against the Software & Services industry group benchmark.

P/B Ratio (MRQ)

CoreWeave (CRWV) at 5.09 is valued about in line with its industry on P/B ratio, while Palo Alto Networks (PANW) at 9.30 carries an above-peer premium to book — PANW is pricier on assets.

CRWV

Software & Services industry group

5.09

Max
16.63
Q3
8.50
CRWV
5.09
Median
4.30
Q1
1.92
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
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CoreWeave (CRWV) vs. Palo Alto Networks (PANW): A comparison of their P/B ratio against the Software & Services industry group benchmark.

Valuation Metrics

Valuation metrics for CoreWeave (CRWV) and Palo Alto Networks (PANW)
MetricCRWVPANW
P/E Ratio (TTM)--784.60
P/S Ratio (TTM)3.3722.37
P/B Ratio (MRQ)5.099.30
Free Cash Flow Yield (TTM)-35.51%1.65%