PANW vs. IR
PANW (Palo Alto Networks, Inc.) and IR (Ingersoll-Rand Plc) are both stocks. PANW operates in Software - Infrastructure (Technology), while IR operates in Specialty Industrial Machinery (Industrials). Over the past 5 years, PANW returned 35.30%/yr vs 8.86%/yr for IR. At a 0.26 correlation, their price movements are largely independent.
Performance
PANW vs. IR - Performance Comparison
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Returns By Period
In the year-to-date period, PANW achieves a 44.59% return, which is significantly higher than IR's -8.49% return.
PANW
- 1D
- -2.10%
- 1M
- 28.12%
- YTD
- 44.59%
- 6M
- 36.33%
- 1Y
- 33.43%
- 3Y*
- 34.26%
- 5Y*
- 35.30%
- 10Y*
- 28.39%
IR
- 1D
- 0.29%
- 1M
- -4.32%
- YTD
- -8.49%
- 6M
- -8.59%
- 1Y
- -12.74%
- 3Y*
- 5.18%
- 5Y*
- 8.86%
- 10Y*
- —
PANW vs. IR - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
PANW Palo Alto Networks, Inc. | 44.59% | 1.23% | 23.41% | 111.32% | -24.81% | 56.66% | 53.68% | 22.78% | 29.95% | 24.45% |
IR Ingersoll-Rand Plc | -8.49% | -12.34% | 17.06% | 48.21% | -15.41% | 35.85% | 24.21% | 92.80% | -39.73% | 60.81% |
Correlation
The correlation between PANW and IR is -0.00, meaning there is essentially no relationship between their price movements. Each responds to its own set of market drivers, making them strong candidates for combining in a diversified portfolio.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | -0.00 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.22 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.29 |
Correlation (All Time) Calculated using the full available price history since May 15, 2017 | 0.26 |
The correlation between PANW and IR shifts across timeframes, from -0.00 (1 year) to 0.29 (5 years), reflecting how their relationship changes across market environments.
Fundamentals
PANW:
$1.17
IR:
$1.96
PANW:
227.13
IR:
36.93
PANW:
0.02
IR:
8.78
PANW:
18.05
IR:
2.79
PANW:
$10.61B
IR:
$7.78B
PANW:
$7.63B
IR:
$2.98B
PANW:
$1.33B
IR:
$1.55B
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Return for Risk
PANW vs. IR — Risk / Return Rank
PANW
IR
PANW vs. IR - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Palo Alto Networks, Inc. (PANW) and Ingersoll-Rand Plc (IR). Risk-adjusted metrics are performance indicators that assess an investment's returns in relation to its risk, enabling a more accurate comparison of different investment options.
| PANW | IR | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +1.26 | ||
| Sortino ratioReturn per unit of downside risk | +1.70 | ||
| Omega ratioGain probability vs. loss probability | 1.18 | 0.96 | +0.22 |
| Calmar ratioReturn relative to maximum drawdown | 0.93 | -0.42 | +1.35 |
| Martin ratioReturn relative to average drawdown | 2.12 | -0.97 | +3.09 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
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Sharpe Ratios by Period
| PANW | IR | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 0.87 | -0.39 | +1.26 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.85 | 0.30 | +0.56 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 0.74 | — | — |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.71 | 0.45 | +0.25 |
Drawdowns
PANW vs. IR - Drawdown Comparison
The maximum PANW drawdown since its inception was -47.98%, roughly equal to the maximum IR drawdown of -50.27%. Use the drawdown chart below to compare losses from any high point for PANW and IR.
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Drawdown Indicators
| PANW | IR | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -47.98% | -50.27% | +2.29% |
Max Drawdown (1Y)Largest decline over 1 year | -36.01% | -30.56% | -5.45% |
Max Drawdown (3Y)Largest decline over 3 years | -36.01% | -36.62% | +0.61% |
Max Drawdown (5Y)Largest decline over 5 years | -36.01% | -36.62% | +0.61% |
Max Drawdown (10Y)Largest decline over 10 years | -47.98% | — | — |
Current DrawdownCurrent decline from peak | -11.37% | -31.12% | +19.75% |
Average DrawdownAverage peak-to-trough decline | -14.69% | -12.81% | -1.88% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 15.82% | 13.12% | +2.70% |
Volatility
PANW vs. IR - Volatility Comparison
Palo Alto Networks, Inc. (PANW) has a higher volatility of 17.10% compared to Ingersoll-Rand Plc (IR) at 7.68%. This indicates that PANW's price experiences larger fluctuations and is considered to be riskier than IR based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| PANW | IR | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 17.10% | 7.68% | +9.42% |
Volatility (6M)Calculated over the trailing 6-month period | 31.83% | 25.01% | +6.82% |
Volatility (1Y)Calculated over the trailing 1-year period | 38.54% | 32.94% | +5.60% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 41.65% | 29.98% | +11.67% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 38.59% | 34.33% | +4.26% |
Dividends
PANW vs. IR - Dividend Comparison
PANW has not paid dividends to shareholders, while IR's dividend yield for the trailing twelve months is around 0.11%.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 |
|---|---|---|---|---|---|---|---|---|
IR Ingersoll-Rand Plc | 0.11% | 0.10% | 0.09% | 0.10% | 0.15% | 0.03% | 0.00% | 5.78% |
PANW Palo Alto Networks, Inc. | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
Financials
PANW vs. IR - Financials Comparison
This section allows you to compare key financial metrics between Palo Alto Networks, Inc. and Ingersoll-Rand Plc. You can select fields from income statements, balance sheets, and cash flow statements to easily visualize and compare the financial health of both companies.
Total Revenue: Total amount of money received from sales and other business activities
PANW vs. IR - Profitability Comparison
PANW - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, Palo Alto Networks, Inc. reported a gross profit of 2.03B and revenue of 3.00B. Therefore, the gross margin over that period was 67.6%.
IR - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, Ingersoll-Rand Plc reported a gross profit of 792.40M and revenue of 1.85B. Therefore, the gross margin over that period was 42.9%.
PANW - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, Palo Alto Networks, Inc. reported an operating income of -186.00M and revenue of 3.00B, resulting in an operating margin of -6.2%.
IR - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, Ingersoll-Rand Plc reported an operating income of 289.70M and revenue of 1.85B, resulting in an operating margin of 15.7%.
PANW - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, Palo Alto Networks, Inc. reported a net income of -177.00M and revenue of 3.00B, resulting in a net margin of -5.9%.
IR - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, Ingersoll-Rand Plc reported a net income of 192.10M and revenue of 1.85B, resulting in a net margin of 10.4%.
Frequently Asked Questions
PANW and IR have a correlation of -0.00, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
PANW has higher volatility (17.10%) compared to IR (7.68%). In terms of maximum drawdown, PANW dropped -47.98% vs IR's -50.27%.
PANW currently has the higher Sharpe Ratio (0.87 vs -0.39), meaning it's delivered slightly more return per unit of risk over the trailing 12 months. However, this ranking shifts over time - use the Risk/Return Score above for a more comprehensive view that combines Sharpe, Sortino, and other measures used by quantitative funds.
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