PANW vs. RBRK: Palo Alto Networks vs. Rubrik Stock Comparison

November 11, 2026

How do Palo Alto Networks (PANW) and Rubrik (RBRK) 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

Palo Alto Networks (PANW) and Rubrik (RBRK) are both classified in the Systems Software sub-industry within the broader Software industry, placing them in the closest GICS peer bucket.

Palo Alto Networks (PANW) has been public since July 20, 2012, giving it a longer listed trading history, while Rubrik (RBRK) listed on April 25, 2024 and still has a shorter public-market record.

Company profile comparison for Palo Alto Networks (PANW) and Rubrik (RBRK)
Profile Item	PANW	RBRK
Name	Palo Alto Networks, Inc.	Rubrik Inc. Class A Common Stock
Country/Region	United States	United States
GICS Sector	Information Technology	Information Technology
GICS Industry Group	Software & Services	Software & Services
GICS Industry	Software	Software
GICS Sub-Industry	Systems Software	Systems Software
Market Capitalization	256.86 billion USD	21.77 billion USD
Currency	USD	USD
Exchange	Nasdaq	NYSE
Listing Date	July 20, 2012	April 25, 2024
Security Type	Common Stock	Common Stock

Price Performance

Cumulative Growth

PANW

RBRK

GSPC

Palo Alto Networks (PANW) vs. Rubrik (RBRK), 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 Palo Alto Networks (PANW) and Rubrik (RBRK). Returns over one year are annualized.

Calendar-Year Returns

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Calendar-year total returns for Palo Alto Networks (PANW) and Rubrik (RBRK). Each bar is that year's total return, measured year-end to year-end.

Performance Metrics

Price performance metrics for Palo Alto Networks (PANW) and Rubrik (RBRK)
Metric	PANW	RBRK
Total Return (1Y)	53.99%	51.14%
Total Return (3Y, Annualized)	39.16%	--
Total Return (5Y, Annualized)	30.80%	--

Risk Profile

Drawdown History

PANW

RBRK

GSPC

Palo Alto Networks (PANW) vs. Rubrik (RBRK), 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 Palo Alto Networks (PANW) and Rubrik (RBRK). Each bar is the share of months whose return fell in that 5% bucket.

Risk Metrics

Risk profile metrics for Palo Alto Networks (PANW) and Rubrik (RBRK)
Metric	PANW	RBRK
Volatility (1Y, Annualized)	51.34%	67.45%
Beta (5Y)	1.00	1.23
Max Drawdown (5Y)	-36.01%	-56.08%
Avg. Volume (3M)	6.03M	3.35M

Risk-Adjusted Performance

Risk-Return Positioning

PANW and RBRK 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 Palo Alto Networks (PANW) and Rubrik (RBRK)
Metric	PANW	RBRK
Sharpe Ratio (1Y)	0.97	0.69
Sortino Ratio (1Y)	1.49	1.09

Profitability

ROE (TTM)

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

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%

RBRK

Software & Services industry group

Max: 53.85%
Q3: 17.90%
Median: 6.59%
Q1: -9.59%
Min: -50.52%
RBRK: --

Palo Alto Networks (PANW) vs. Rubrik (RBRK): RBRK does not report ROE, so it has no value marker; PANW is benchmarked against the Software & Services industry group.

Net Margin (TTM)

Rubrik (RBRK) reports a negative net margin of -16.50%, usually indicating a net loss over the period. Meanwhile Palo Alto Networks (PANW) reports 2.67%, ranking against industry peers normally.

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%

RBRK

Software & Services industry group

-16.50%

Max: 41.17%
Q3: 15.28%
Median: 4.63%
Q1: -5.42%
RBRK: -16.50%
Min: -33.17%

Palo Alto Networks (PANW) vs. Rubrik (RBRK): A comparison of their net margin against the Software & Services industry group benchmark.

Operating Margin (TTM)

Rubrik (RBRK) reports a negative operating margin of -16.83%, 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.

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%

RBRK

Software & Services industry group

-16.83%

Max: 46.89%
Q3: 17.64%
Median: 8.73%
Q1: -2.13%
RBRK: -16.83%
Min: -30.45%

Palo Alto Networks (PANW) vs. Rubrik (RBRK): A comparison of their operating margin against the Software & Services industry group benchmark.

Profitability Metrics

Profitability metrics for Palo Alto Networks (PANW) and Rubrik (RBRK)
Metric	PANW	RBRK
ROE (TTM)	1.74%	--
ROA (TTM)	1.40%	-6.74%
Net Margin (TTM)	2.67%	-16.50%
Operating Margin (TTM)	5.40%	-16.83%
Gross Margin (TTM)	70.38%	80.21%

Growth

Revenue Growth

Rubrik (RBRK) at 48.46% sits in the top revenue growth quartile, while Palo Alto Networks (PANW) at 24.50% is closer to the peer norm — faster top-line expansion for RBRK.

Palo Alto Networks (PANW) vs. Rubrik (RBRK): 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; Rubrik (RBRK) has no EPS growth figure this period.

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

Growth Metrics

Growth metrics for Palo Alto Networks (PANW) and Rubrik (RBRK)
Metric	PANW	RBRK
Revenue Growth (YoY)	24.50%	48.46%
Revenue Growth (3Y CAGR)	18.54%	29.95%
EPS Growth (YoY)	-75.00%	--
EPS Growth (3Y CAGR)	-14.50%	--

Financial Strength

Current Ratio (MRQ)

Rubrik (RBRK) at 1.64 keeps current ratio within its industry’s typical mid-range, while Palo Alto Networks (PANW) at 0.87 runs in the tighter-liquidity quartile — a thinner cushion against current liabilities for PANW.

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

RBRK

Software & Services industry group

1.64

Max: 5.11
Q3: 2.77
Median: 1.67
RBRK: 1.64
Q1: 1.01
Min: 0.03

Palo Alto Networks (PANW) vs. Rubrik (RBRK): A comparison of their current ratio against the Software & Services industry group benchmark.

Debt / Equity (MRQ)

Only one side’s leverage can be read here: Palo Alto Networks (PANW) carries debt-to-equity ratio of 0.09 against its industry range, while Rubrik (RBRK) reports no figure this period.

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

RBRK

Software & Services industry group

Max: 2.52
Q3: 1.13
Median: 0.40
Q1: 0.07
Min: 0.00
RBRK: --

Palo Alto Networks (PANW) vs. Rubrik (RBRK): RBRK does not report debt-to-equity ratio, so it has no value marker; PANW is benchmarked against the Software & Services industry group.

Financial Strength Metrics

Financial strength metrics for Palo Alto Networks (PANW) and Rubrik (RBRK)
Metric	PANW	RBRK
Current Ratio (MRQ)	0.87	1.64
Debt / Equity (MRQ)	0.09	--
Net Debt / EBITDA	-0.32	--

Dividends

Dividend Yield (TTM)

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

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%

RBRK

Software & Services industry group

0.00%

RBRK: 0.00%
Max: 0.00%
Q3: 0.00%
Median: 0.00%
Q1: 0.00%
Min: 0.00%

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

Dividend Payout Ratio (TTM)

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

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%

RBRK

Software & Services industry group

0.00%

RBRK: 0.00%
Max: 0.00%
Q3: 0.00%
Median: 0.00%
Q1: 0.00%
Min: 0.00%

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

Dividend Metrics

Dividend metrics for Palo Alto Networks (PANW) and Rubrik (RBRK)
Metric	PANW	RBRK
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 Rubrik (RBRK) has no P/E ratio this period.

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

RBRK

Software & Services industry group

Max: 112.94
Q3: 60.32
Median: 32.91
Q1: 18.77
Min: 6.69
RBRK: --

Palo Alto Networks (PANW) vs. Rubrik (RBRK): RBRK 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)

Both look expensive on sales: Rubrik (RBRK) at 14.11 sits in the upper P/S ratio quartile, and Palo Alto Networks (PANW) at 22.37 prices even higher, above its industry range.

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

RBRK

Software & Services industry group

14.11

Max: 17.91
RBRK: 14.11
Q3: 8.78
Median: 4.25
Q1: 2.23
Min: 0.02

Palo Alto Networks (PANW) vs. Rubrik (RBRK): A comparison of their P/S ratio against the Software & Services industry group benchmark.

P/B Ratio (MRQ)

Rubrik (RBRK) reports a negative P/B ratio of -43.88, meaning negative book equity — the multiple itself is not meaningful for valuation. Meanwhile Palo Alto Networks (PANW) reports 9.30, ranking against industry peers normally.

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

RBRK

Software & Services industry group

-43.88

Max: 16.63
Q3: 8.50
Median: 4.30
Q1: 1.92
Min: -3.90
RBRK: -43.88

Palo Alto Networks (PANW) vs. Rubrik (RBRK): A comparison of their P/B ratio against the Software & Services industry group benchmark.

Valuation Metrics

Valuation metrics for Palo Alto Networks (PANW) and Rubrik (RBRK)
Metric	PANW	RBRK
P/E Ratio (TTM)	784.60	--
P/S Ratio (TTM)	22.37	14.11
P/B Ratio (MRQ)	9.30	-43.88
Free Cash Flow Yield (TTM)	1.65%	2.20%