SNAP vs. PANW
SNAP (Snap Inc.) and PANW (Palo Alto Networks, Inc.) are both stocks. SNAP operates in Internet Content & Information (Communication Services), while PANW operates in Software - Infrastructure (Technology). Over the past 5 years, SNAP returned -42.47%/yr vs 37.91%/yr for PANW. Their 0.34 correlation means their historical movements had little consistent relationship.
Performance
SNAP vs. PANW - Performance Comparison
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Returns By Period
In the year-to-date period, SNAP achieves a -41.88% return, which is significantly lower than PANW's 80.15% return.
SNAP
- 1D
- 0.00%
- 1M
- -1.26%
- 6M
- -32.32%
- YTD
- -41.88%
- 1Y
- -50.27%
- 3Y*
- -25.36%
- 5Y*
- -42.47%
- 10Y*
- —
- ALL TIME*
- -15.92%
PANW
- 1D
- 1.89%
- 1M
- -5.74%
- 6M
- 87.51%
- YTD
- 80.15%
- 1Y
- 91.15%
- 3Y*
- 37.88%
- 5Y*
- 37.91%
- 10Y*
- 31.54%
- ALL TIME*
- 29.13%
Liquidity Comparison
| Position | Avg. Volume Value (2W) | Avg. Volume Value (1M) | Avg. Volume Value (3M) |
|---|---|---|---|
| $1.96B | $2.24B | $2.30B | |
SNAP Snap Inc. | $138.05M | $148.62M | $216.62M |
SNAP vs. PANW - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
SNAP Snap Inc. | -41.88% | -25.07% | -36.39% | 89.16% | -80.97% | -6.07% | 206.61% | 196.37% | -62.29% | -39.12% |
PANW Palo Alto Networks, Inc. | 80.15% | 1.23% | 23.41% | 111.32% | -24.81% | 56.66% | 53.68% | 22.78% | 29.95% | 25.81% |
Correlation
The correlation between SNAP and PANW is 0.25, which is low. Their historical price movements had little consistent relationship.
| Correlation | |
|---|---|
Correlation (1Y) Focuses on recent behavior, but can change the most. | 0.25 |
Correlation (3Y) Balances recent behavior with more history. | 0.25 |
Correlation (5Y) Shows whether the relationship held over a longer period. | 0.34 |
Correlation (All Time) Calculated using the full available price history since Mar 2, 2017 | 0.34 |
Fundamentals
SNAP:
$7.94B
PANW:
$270.44B
SNAP:
-$0.24
PANW:
$1.17
SNAP:
1.31
PANW:
22.59
SNAP:
3.80
PANW:
8.92
SNAP:
$6.10B
PANW:
$10.61B
SNAP:
$3.40B
PANW:
$7.63B
SNAP:
-$173.71M
PANW:
$1.33B
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Return for Risk
SNAP vs. PANW — Risk / Return Rank
SNAP
PANW
SNAP vs. PANW - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Snap Inc. (SNAP) 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.
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.
| SNAP | PANW | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -3.15 | ||
| Sortino ratioReturn per unit of downside risk | -4.09 | ||
| Omega ratioGain probability vs. loss probability | 0.84 | 1.36 | -0.52 |
| Calmar ratioReturn relative to maximum drawdown | -0.86 | 2.55 | -3.41 |
| Martin ratioReturn relative to average drawdown | -1.44 | 5.95 | -7.39 |
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Drawdowns
SNAP vs. PANW - Drawdown Comparison
The maximum SNAP drawdown since its inception was -95.27%, which is greater than PANW's maximum drawdown of -47.98%. Use the drawdown chart below to compare losses from any high point for SNAP and PANW.
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Drawdown Indicators
| SNAP | PANW | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -95.27% | -47.98% | -47.29% |
Max Drawdown (1Y)Largest decline over 1 year | -58.50% | -36.01% | -22.49% |
Max Drawdown (3Y)Largest decline over 3 years | -77.48% | -36.01% | -41.47% |
Max Drawdown (5Y)Largest decline over 5 years | -95.27% | -36.01% | -59.26% |
Max Drawdown (10Y)Largest decline over 10 years | — | -47.98% | — |
Current DrawdownCurrent decline from peak | -94.36% | -7.49% | -86.87% |
Average DrawdownAverage peak-to-trough decline | -60.52% | -14.59% | -45.93% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 34.93% | 15.38% | +19.55% |
Volatility
SNAP vs. PANW - Volatility Comparison
The current volatility for Snap Inc. (SNAP) is 9.44%, while Palo Alto Networks, Inc. (PANW) has a volatility of 14.66%. This indicates that SNAP 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
| SNAP | PANW | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 9.44% | 14.66% | -5.22% |
Volatility (6M)Calculated over the trailing 6-month period | 43.50% | 35.66% | +7.84% |
Volatility (1Y)Calculated over the trailing 1-year period | 56.15% | 41.04% | +15.11% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 75.44% | 42.40% | +33.04% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 71.53% | 38.91% | +32.62% |
Dividends
SNAP vs. PANW - Dividend Comparison
Neither SNAP nor PANW has paid dividends to shareholders.
Financials
SNAP vs. PANW - Financials Comparison
This section allows you to compare key financial metrics between Snap 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
SNAP vs. PANW - Profitability Comparison
SNAP - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Aug 2026, Snap Inc. reported a gross profit of 863.55M and revenue of 1.53B. Therefore, the gross margin over that period was 56.5%.
PANW - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Aug 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%.
SNAP - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Aug 2026, Snap Inc. reported an operating income of -74.45M and revenue of 1.53B, resulting in an operating margin of -4.9%.
PANW - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Aug 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%.
SNAP - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Aug 2026, Snap Inc. reported a net income of -88.95M and revenue of 1.53B, resulting in a net margin of -5.8%.
PANW - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Aug 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
SNAP and PANW have a correlation of 0.25, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
PANW has higher volatility (14.66%) compared to SNAP (9.44%). In terms of maximum drawdown, SNAP dropped -95.27% vs PANW's -47.98%.
PANW currently has the higher Sharpe Ratio (2.25 vs -0.90), 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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