Analog Devices, Inc. (ADI) vs Arista Networks, Inc. (ANET)

ANET leads on 10 of 15 compared metrics.

A side-by-side comparison of Analog Devices, Inc. and Arista Networks, Inc. across valuation, profitability, dividends, and growth — built entirely from reported fundamentals, as of June 13, 2026. The ● marks the stronger figure on each row (cheaper multiple, higher margin/return).

Analog Devices, Inc. logo
ADI
Analog Devices, Inc.
$203.50B
$417.79Technology
Arista Networks, Inc. logo
ANET
Arista Networks, Inc.
$205.55B
$163.24Technology

Total return — ADI vs ANET

growth of $100 · last 12y
ADI +655.4%ANET +4631.6%ANET compounded faster
Log scale — wide-divergence pair
101001k10kStart $100201620182020202220242026$755$4,732
ADI ANET

ADI vs ANET: by the numbers

  • •ANET is the larger company ($205.55B vs $203.50B market cap).
  • •ANET trades at the lower earnings multiple (55.90 vs 62.08 P/E).
  • •ANET converts more revenue to profit (38.32% vs 26.01% net margin).
  • •ANET grew revenue faster over the past five years (31.58% vs 15.48% CAGR).
  • •ADI pays a dividend (1.00% yield) while ANET does not currently pay one.

Which is better, ADI or ANET?

Metric tally: ADI 5 · ANET 10

It depends on what you're optimizing for:

ValueANET(lower P/E)
GrowthANET(faster 5Y revenue CAGR)
QualityANET(higher ROIC)

Valuation

MetricADIANET
P/E ratio62.0855.90●
Forward P/E34.04●44.98
P/S ratio16.08●21.41
P/B ratio6.07●15.42
PEG ratio1.31●2.05
EV / EBITDA33.91●44.36
FCF yield2.23%2.54%●

Profitability

MetricADIANET
Gross margin64.49%63.54%
Operating margin32.50%42.79%●
Net margin26.01%38.32%●
ROE9.82%27.59%●
ROIC5.42%22.64%●

Dividends

MetricADIANET
Dividend yield1.00%—
Payout ratio91.07%—

Growth (annualized)

MetricADIANET
Revenue CAGR (5Y)15.48%31.58%●
EPS CAGR (5Y)6.75%39.94%●
FCF CAGR (5Y)15.54%46.68%●
Total return CAGR (5Y)22.09%48.29%●

Frequently asked

Which is better, ADI or ANET?
It depends on your goal. value: ANET (lower P/E); growth: ANET (faster 5Y revenue CAGR); quality: ANET (higher ROIC). Across all compared metrics, ANET leads 10 to 5.
Is ADI or ANET cheaper?
On trailing earnings, ANET is cheaper: ADI trades at a 62.08 P/E and ANET at 55.90.
Which has grown faster, ADI or ANET?
Over the past five years, ANET grew revenue faster — ADI at a 15.48% CAGR versus ANET at 31.58%.
Does ADI or ANET pay a bigger dividend?
ADI pays a dividend (1.00% yield) while ANET does not currently pay one.
Is ADI or ANET more profitable?
ANET runs the higher net margin — ADI at 26.01% versus ANET at 38.32%.
Which has been the better investment, ADI or ANET?
Over the past 10-year, ANET delivered the higher annualized total return — ADI at 24.36% versus ANET at 42.96%. Past performance doesn't predict future results.

Go deeper

Full ADI analysisFull ANET analysisInteractive comparison tool

Dig into the metrics

Analog Devices P/E ratioArista Networks P/E ratioAnalog Devices dividend yieldArista Networks dividend yieldAnalog Devices ROEArista Networks ROEAnalog Devices operating marginArista Networks operating marginAnalog Devices revenue growthArista Networks revenue growthAnalog Devices free cash flowArista Networks free cash flow

Analog Devices & Arista Networks appear in these rankings

Fastest Revenue Growth StocksHighest ROE StocksHighest ROIC StocksHighest Operating Margin Stocks

Figures are sourced from reported fundamentals and the latest end-of-day price. This comparison is informational only and is not investment advice. Past performance does not predict future results. See our methodology. Compiled by TGMCharts Research · data verified June 13, 2026.