QLYS vs. PANW
QLYS (Qualys, Inc.) and PANW (Palo Alto Networks, Inc.) are both stocks. Both operate in the Software - Infrastructure industry within the Technology sector. Over the past 10 years, QLYS returned 13.26%/yr vs 28.39%/yr for PANW. At a 0.46 correlation, their price movements are largely independent.
Performance
QLYS vs. PANW - Performance Comparison
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Returns By Period
In the year-to-date period, QLYS achieves a -17.00% return, which is significantly lower than PANW's 44.59% return. Over the past 10 years, QLYS has underperformed PANW with an annualized return of 13.26%, while PANW has yielded a comparatively higher 28.39% annualized return.
QLYS
- 1D
- 0.37%
- 1M
- 17.00%
- YTD
- -17.00%
- 6M
- -26.34%
- 1Y
- -22.24%
- 3Y*
- -4.87%
- 5Y*
- 1.64%
- 10Y*
- 13.26%
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%
QLYS vs. PANW - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
QLYS Qualys, Inc. | -17.00% | -5.22% | -28.56% | 74.89% | -18.21% | 12.60% | 46.18% | 11.55% | 25.93% | 87.52% |
PANW Palo Alto Networks, Inc. | 44.59% | 1.23% | 23.41% | 111.32% | -24.81% | 56.66% | 53.68% | 22.78% | 29.95% | 15.91% |
Correlation
The correlation between QLYS and PANW is 0.39, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.39 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.43 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.53 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.50 |
Correlation (All Time) Calculated using the full available price history since Oct 1, 2012 | 0.46 |
The correlation between QLYS and PANW shifts across timeframes, from 0.39 (1 year) to 0.53 (5 years), reflecting how their relationship changes across market environments.
Fundamentals
QLYS:
$3.94B
PANW:
$198.15B
QLYS:
$5.57
PANW:
$1.17
QLYS:
19.80
PANW:
227.13
QLYS:
0.60
PANW:
0.02
QLYS:
5.82
PANW:
18.05
QLYS:
6.91
PANW:
7.16
QLYS:
$684.86M
PANW:
$10.61B
QLYS:
$569.03M
PANW:
$7.63B
QLYS:
$252.31M
PANW:
$1.33B
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Return for Risk
QLYS vs. PANW — Risk / Return Rank
QLYS
PANW
QLYS vs. PANW - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Qualys, Inc. (QLYS) and Palo Alto Networks, Inc. (PANW). 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.
| QLYS | PANW | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -1.37 | ||
| Sortino ratioReturn per unit of downside risk | -1.83 | ||
| Omega ratioGain probability vs. loss probability | 0.94 | 1.18 | -0.24 |
| Calmar ratioReturn relative to maximum drawdown | -0.44 | 0.93 | -1.38 |
| Martin ratioReturn relative to average drawdown | -0.93 | 2.12 | -3.04 |
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
| QLYS | PANW | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | -0.49 | 0.87 | -1.37 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.04 | 0.85 | -0.81 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 0.34 | 0.74 | -0.40 |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.38 | 0.71 | -0.33 |
Drawdowns
QLYS vs. PANW - Drawdown Comparison
The maximum QLYS drawdown since its inception was -68.48%, which is greater than PANW's maximum drawdown of -47.98%. Use the drawdown chart below to compare losses from any high point for QLYS and PANW.
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Drawdown Indicators
| QLYS | PANW | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -68.48% | -47.98% | -20.50% |
Max Drawdown (1Y)Largest decline over 1 year | -50.46% | -36.01% | -14.45% |
Max Drawdown (3Y)Largest decline over 3 years | -62.99% | -36.01% | -26.98% |
Max Drawdown (5Y)Largest decline over 5 years | -62.99% | -36.01% | -26.98% |
Max Drawdown (10Y)Largest decline over 10 years | -62.99% | -47.98% | -15.01% |
Current DrawdownCurrent decline from peak | -46.42% | -11.37% | -35.05% |
Average DrawdownAverage peak-to-trough decline | -20.86% | -14.69% | -6.17% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 24.07% | 15.82% | +8.25% |
Volatility
QLYS vs. PANW - Volatility Comparison
The current volatility for Qualys, Inc. (QLYS) is 15.42%, while Palo Alto Networks, Inc. (PANW) has a volatility of 17.10%. This indicates that QLYS experiences smaller price fluctuations and is considered to be less risky than PANW based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| QLYS | PANW | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 15.42% | 17.10% | -1.68% |
Volatility (6M)Calculated over the trailing 6-month period | 36.63% | 31.83% | +4.80% |
Volatility (1Y)Calculated over the trailing 1-year period | 45.46% | 38.54% | +6.92% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 39.91% | 41.65% | -1.74% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 39.09% | 38.59% | +0.50% |
Dividends
QLYS vs. PANW - Dividend Comparison
Neither QLYS nor PANW has paid dividends to shareholders.
Financials
QLYS vs. PANW - Financials Comparison
This section allows you to compare key financial metrics between Qualys, Inc. and Palo Alto Networks, 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
QLYS vs. PANW - Profitability Comparison
QLYS - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, Qualys, Inc. reported a gross profit of 145.65M and revenue of 175.64M. Therefore, the gross margin over that period was 82.9%.
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%.
QLYS - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, Qualys, Inc. reported an operating income of 60.89M and revenue of 175.64M, resulting in an operating margin of 34.7%.
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%.
QLYS - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, Qualys, Inc. reported a net income of 50.64M and revenue of 175.64M, resulting in a net margin of 28.8%.
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%.
Frequently Asked Questions
QLYS and PANW have a correlation of 0.39, 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 QLYS (15.42%). In terms of maximum drawdown, QLYS dropped -68.48% vs PANW's -47.98%.
PANW currently has the higher Sharpe Ratio (0.87 vs -0.49), 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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