PANW vs. KKR
PANW (Palo Alto Networks, Inc.) and KKR (KKR & Co. Inc.) are both stocks. PANW operates in Software - Infrastructure (Technology), while KKR operates in Asset Management (Financial Services). Over the past 10 years, PANW returned 29.12%/yr vs 24.52%/yr for KKR. At a 0.35 correlation, their price movements are largely independent.
Performance
PANW vs. KKR - Performance Comparison
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Returns By Period
In the year-to-date period, PANW achieves a 51.80% return, which is significantly higher than KKR's -24.22% return. Over the past 10 years, PANW has outperformed KKR with an annualized return of 29.12%, while KKR has yielded a comparatively lower 24.52% annualized return.
PANW
- 1D
- 0.03%
- 1M
- 15.15%
- YTD
- 51.80%
- 6M
- 45.87%
- 1Y
- 42.47%
- 3Y*
- 33.77%
- 5Y*
- 35.61%
- 10Y*
- 29.12%
KKR
- 1D
- 0.99%
- 1M
- -0.75%
- YTD
- -24.22%
- 6M
- -29.28%
- 1Y
- -20.15%
- 3Y*
- 19.99%
- 5Y*
- 12.18%
- 10Y*
- 24.52%
PANW vs. KKR - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
PANW Palo Alto Networks, Inc. | 51.80% | 1.23% | 23.41% | 111.32% | -24.81% | 56.66% | 53.68% | 22.78% | 29.95% | 15.91% |
KKR KKR & Co. Inc. | -24.22% | -13.32% | 79.65% | 80.48% | -36.98% | 85.76% | 41.13% | 51.57% | -4.28% | 41.78% |
Correlation
The correlation between PANW and KKR is 0.21, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.21 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.34 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.41 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.39 |
Correlation (All Time) Calculated using the full available price history since Jul 20, 2012 | 0.35 |
The correlation between PANW and KKR shifts across timeframes, from 0.21 (1 year) to 0.41 (5 years), reflecting how their relationship changes across market environments.
Fundamentals
PANW:
$208.04B
KKR:
$91.83B
PANW:
$1.17
KKR:
$3.10
PANW:
238.46
KKR:
31.02
PANW:
0.02
KKR:
3.27
PANW:
18.95
KKR:
4.60
PANW:
7.52
KKR:
1.14
PANW:
$10.61B
KKR:
$19.99B
PANW:
$7.63B
KKR:
$8.35B
PANW:
$1.33B
KKR:
$9.97B
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Return for Risk
PANW vs. KKR — Risk / Return Rank
PANW
KKR
PANW vs. KKR - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Palo Alto Networks, Inc. (PANW) and KKR & Co. Inc. (KKR). 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.
Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.
| PANW | KKR | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +1.68 | ||
| Sortino ratioReturn per unit of downside risk | +2.24 | ||
| Omega ratioGain probability vs. loss probability | 1.21 | 0.92 | +0.29 |
| Calmar ratioReturn relative to maximum drawdown | 1.16 | -0.51 | +1.67 |
| Martin ratioReturn relative to average drawdown | 2.62 | -0.92 | +3.54 |
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Drawdowns
PANW vs. KKR - Drawdown Comparison
The maximum PANW drawdown since its inception was -47.98%, smaller than the maximum KKR drawdown of -53.10%. Use the drawdown chart below to compare losses from any high point for PANW and KKR.
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Drawdown Indicators
| PANW | KKR | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -47.98% | -53.10% | +5.12% |
Max Drawdown (1Y)Largest decline over 1 year | -36.01% | -44.62% | +8.61% |
Max Drawdown (3Y)Largest decline over 3 years | -36.01% | -49.42% | +13.41% |
Max Drawdown (5Y)Largest decline over 5 years | -36.01% | -49.42% | +13.41% |
Max Drawdown (10Y)Largest decline over 10 years | -47.98% | -49.42% | +1.44% |
Current DrawdownCurrent decline from peak | -6.94% | -41.85% | +34.91% |
Average DrawdownAverage peak-to-trough decline | -14.68% | -16.22% | +1.54% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 15.87% | 24.65% | -8.78% |
Volatility
PANW vs. KKR - Volatility Comparison
Palo Alto Networks, Inc. (PANW) has a higher volatility of 16.97% compared to KKR & Co. Inc. (KKR) at 9.89%. This indicates that PANW's price experiences larger fluctuations and is considered to be riskier than KKR based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| PANW | KKR | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 16.97% | 9.89% | +7.08% |
Volatility (6M)Calculated over the trailing 6-month period | 32.33% | 29.26% | +3.07% |
Volatility (1Y)Calculated over the trailing 1-year period | 38.96% | 37.32% | +1.64% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 41.72% | 39.23% | +2.49% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 38.62% | 36.62% | +2.00% |
Dividends
PANW vs. KKR - Dividend Comparison
PANW has not paid dividends to shareholders, while KKR's dividend yield for the trailing twelve months is around 0.78%.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
KKR KKR & Co. Inc. | 0.78% | 0.57% | 0.47% | 0.78% | 1.31% | 0.77% | 1.31% | 1.71% | 3.23% | 3.18% | 4.16% | 10.13% |
PANW Palo Alto Networks, Inc. | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
Financials
PANW vs. KKR - Financials Comparison
This section allows you to compare key financial metrics between Palo Alto Networks, Inc. and KKR & Co. Inc.. 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. KKR - 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%.
KKR - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, KKR & Co. Inc. reported a gross profit of 3.98B and revenue of 4.00B. Therefore, the gross margin over that period was 99.5%.
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%.
KKR - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, KKR & Co. Inc. reported an operating income of 205.35M and revenue of 4.00B, resulting in an operating margin of 5.1%.
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%.
KKR - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, KKR & Co. Inc. reported a net income of 405.23M and revenue of 4.00B, resulting in a net margin of 10.1%.
Frequently Asked Questions
PANW and KKR have a correlation of 0.21, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
PANW has higher volatility (16.97%) compared to KKR (9.89%). In terms of maximum drawdown, PANW dropped -47.98% vs KKR's -53.10%.
PANW currently has the higher Sharpe Ratio (1.07 vs -0.61), 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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