Side-by-side comparison
Palo Alto Networks vs Zscaler
As of Nov 11, 2026, P/S is 24.3x for Palo Alto Networks vs 9.6x for Zscaler; revenue growth is 24.5% for Palo Alto Networks vs 25.4% for Zscaler; operating margin is 6.1% for Palo Alto Networks vs -4.0% for Zscaler; net margin is 2.7% for Palo Alto Networks vs -1.9% for Zscaler.
What stands out
- Palo Alto Networks keeps more of each sale as operating profit: 6.1% margin vs -4.0% for Zscaler.
- Palo Alto Networks's shares did better over the past year: +62.4% vs -37.8% for Zscaler.
Key metrics
| Metric | PANW | ZS |
|---|---|---|
| Price | $341.17 | $197.15 |
| Market cap | $279.08B | $32.15B |
| P/E | 852.9x (#1) | — |
| P/S | 24.3x (#2) | 9.6x (#1) |
| Revenue growth | 24.5% (#2) | 25.4% (#1) |
| Operating margin | 6.1% (#1) | -4.0% (#2) |
| Net margin | 2.7% (#1) | -1.9% (#2) |
| Debt / equity | — | — |
| 1-year return | +62.4% (#1) | -37.8% (#2) |
| Research score | 38/100 (#2) | 40/100 (#1) |
Higher is better for growth, margins, one-year return and overall score; lower is better for valuation and debt ratios. Ties share a rank and missing values are excluded.
Company research
- Palo Alto Networks, Inc. (PANW) — Software—Infrastructure
- Zscaler, Inc. (ZS) — Software—Infrastructure