Palo Alto Networks vs Microsoft: Which Stock Could Rally?

PANW: Palo Alto Networks logo
PANW
Palo Alto Networks

Palo Alto Networks fell -7.4% during the past Day. You may be tempted to buy more, or may want to reduce your exposure. But there is an entirely different perspective you might be missing. Is there a better alternative? Turns out, its peer Microsoft gives you more. Microsoft (MSFT) stock offers superior revenue growth across key periods, better profitability, and relatively lower valuation vs Palo Alto Networks (PANW) stock, suggesting you may be better off investing in MSFT

  • MSFT’s quarterly revenue growth was 18.4%, vs. PANW’s 15.8%.
  • In addition, its Last 12 Months revenue growth came in at 15.6%, ahead of PANW’s 14.9%.
  • MSFT leads on profitability over both periods – LTM margin of 46.3% and 3-year average of 44.6%.

These differences become even clearer when you look at the financials side by side. The table highlights how PANW’s fundamentals stack up against those of MSFT on growth, margins, momentum, and valuation multiples.

Valuation & Performance Overview

  PANW MSFT Preferred
     
Valuation      
P/EBIT Ratio 100.1 26.2 MSFT
     
Revenue Growth      
Last Quarter 15.8% 18.4% MSFT
Last 12 Months 14.9% 15.6% MSFT
Last 3 Year Average 18.9% 13.2% PANW
     
Operating Margins      
Last 12 Months 13.5% 46.3% MSFT
Last 3 Year Average 9.2% 44.6% MSFT
     
Momentum      
Last 3 Year Return 121.0% 103.1% PANW

Note: For “Last 3 Year Return” metric, preferred stock is one with higher returns unless the returns are too high (>300%) which creates risk of sell off.
See more revenue details: PANW Revenue Comparison | MSFT Revenue Comparison
See more margin details: PANW Operating Income Comparison | MSFT Operating Income Comparison

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See detailed fundamentals on Buy or Sell MSFT Stock and Buy or Sell PANW Stock. Below we compare market return and related metrics across years.

Historical Market Performance

  2020 2021 2022 2023 2024 2025 Total [1] Avg Best
Returns
PANW Return 54% 57% -25% 111% 23% 2% 380% <===
MSFT Return 43% 52% -28% 58% 13% 14% 220%  
S&P 500 Return 16% 27% -19% 24% 23% 11% 102%  
Monthly Win Rates [3]
PANW Win Rate 58% 83% 42% 58% 58% 80%   63%  
MSFT Win Rate 67% 75% 25% 67% 58% 50%   57%  
S&P 500 Win Rate 58% 75% 42% 67% 75% 70%   64% <===
Max Drawdowns [4]
PANW Max Drawdown -43% -11% -26% -4% -11% -16%   -18%  
MSFT Max Drawdown -14% -5% -36% -7% -2% -15%   -13%  
S&P 500 Max Drawdown -31% -1% -25% -1% -2% -15%   -12% <===

[1] Cumulative total returns since the beginning of 2020
[2] 2025 data is for the year up to 11/20/2025 (YTD)
[3] Win Rate = % of calendar months in which monthly returns were positive
[4] Max drawdown represents maximum peak-to-trough decline within a year

No matter how good the numbers, stock investment is never a smooth ride. There is a risk you must factor in. Read PANW Dip Buyer Analyses to see how the stock has fallen and recovered in the past.

Still not sure about PANW or MSFT? Consider portfolio approach.

Portfolios Over Individual Stock Picks

Individual stocks are unpredictable. A smart portfolio keeps you invested, limits downside shocks, and provides upside exposure

The Trefis High Quality (HQ) Portfolio, with a collection of 30 stocks, has a track record of comfortably outperforming its benchmark that includes all 3 – the S&P 500, S&P mid-cap, and Russell 2000 indices. Why is that? As a group, HQ Portfolio stocks provided better returns with less risk versus the benchmark index; less of a roller-coaster ride, as evident in HQ Portfolio performance metrics.