PANW vs. PS: Palo Alto Networks vs. Pershing Square Stock Comparison

Company Profile

Palo Alto Networks (PANW) and Pershing Square (PS) both belong to the Software industry, though PANW is classified under Systems Software while PS falls under Application Software.

Palo Alto Networks (PANW) has been public since July 20, 2012 with a meaningfully longer listed history, while Pershing Square (PS) only listed on April 29, 2026 — long-window metrics on the PS side should be interpreted with caution.

Price Performance

Cumulative Growth

Trailing Returns

Calendar-Year Returns

Performance Metrics

Risk Profile

Drawdown History

Return Distribution

Risk Metrics

Pershing Square (PS) carries a highly aggressive beta of 6.25, 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-Adjusted Performance

Risk-Return Positioning

Both PANW and PS need 1-year volatility and 1-year return to plot risk-return positioning.

Risk-Adjusted Metrics

Profitability

Capital efficiency shows on one side only: Palo Alto Networks (PANW) earns 1.74% on shareholders’ equity, ranked against its industry; Pershing Square (PS) has no ROE this period.

Pershing Square (PS) reports a negative net margin of -20.98%, usually indicating a net loss over the period. Meanwhile Palo Alto Networks (PANW) reports 2.67%, ranking against industry peers normally.

Pershing Square (PS) reports a negative operating margin of -35.45%, 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.

Profitability Metrics

Growth

Pershing Square (PS) at 64.66% 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.

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

Growth Metrics

Financial Strength

Short-term liquidity can only be read on one side of this pairing: Palo Alto Networks (PANW) shows current ratio of 0.87 against its industry benchmark, while Pershing Square (PS) has no reading this period.

Both Palo Alto Networks (PANW) at 0.09 and Pershing Square (PS) at 0.18 fund their balance sheets with roughly industry-typical debt-to-equity mixes.

Financial Strength Metrics

Dividends

Palo Alto Networks (PANW) pays no dividend (yield 0.00%) — it may be reinvesting, using buybacks, or simply not returning cash through dividends. Meanwhile Pershing Square (PS) reports a yield of 0.24%, ranking against industry peers normally.

Pershing Square (PS) reports a negative payout ratio of -10.99%, usually because earnings are negative; Palo Alto Networks (PANW) pays no dividend (payout 0.00%).

Dividend Metrics

Valuation

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 Pershing Square (PS) has no P/E ratio this period.

Investors are paying well above the peer range per dollar of sales for both Palo Alto Networks (PANW) at 22.37 and Pershing Square (PS) at 27.11 — each P/S ratio clears its industry’s benchmark range.

Both Palo Alto Networks (PANW) at 9.30 and Pershing Square (PS) at 15.12 carry a premium to book value versus peers, sitting in the upper P/B ratio quartile of their industries.

Valuation Metrics