Which has the lower trailing P/E, AMAT or ANET?

AMAT has the lower trailing P/E: AMAT trades at 37.80 and ANET at 58.71. P/E is one valuation measure and does not by itself establish which business is cheaper.

Which has grown faster, AMAT or ANET?

Over the past five years, ANET grew revenue faster — AMAT at a 8.81% CAGR versus ANET at 32.02%.

Does AMAT or ANET pay a bigger dividend?

AMAT pays a dividend (0.44% yield), while ANET has no payments in the available dividend history.

Is AMAT or ANET more profitable?

ANET runs the higher net margin — AMAT at 30.05% versus ANET at 38.37%.

How have AMAT and ANET total returns compared?

Over the past 10 years, AMAT delivered 32.16% and ANET delivered 43.41% annualized total return. Past performance doesn't predict future results.

Applied Materials, Inc. (AMAT) vs Arista Networks, Inc. (ANET)

A side-by-side comparison of Applied Materials, Inc. and Arista Networks, Inc. across valuation, profitability, dividends, and growth — built entirely from reported fundamentals, as of September 3, 2026. Differences are shown without an overall score or investment verdict.

AMAT

Applied Materials, Inc.

$346.10B

$435.92TechnologyDelayed quote: Sep 3, 2026, 3:59 PM EDT

ANET

Arista Networks, Inc.

$241.07B

$191.45TechnologyDelayed quote: Sep 3, 2026, 3:59 PM EDT

Total return — AMAT vs ANET

growth of $100 · dividends reinvested · last 10y

AMAT +1526.6% (+32.2%/yr)ANET +3563.4% (+43.3%/yr)ANET compounded faster over this window

AMAT ANET

AMAT vs ANET: by the numbers

•AMAT is the larger company ($346.10B vs $241.07B market cap).
•AMAT trades at the lower trailing earnings multiple (37.80 vs 58.71 P/E), one valuation lens rather than an overall verdict.
•ANET converts more revenue to profit (38.37% vs 30.05% net margin).
•ANET grew revenue faster over the past five years (32.02% vs 8.81% CAGR).
•AMAT pays a dividend (0.44% yield), while ANET has no payments in the available dividend history.

Metrics side by side

Valuation

Metric	AMAT	ANET
P/E ratio	37.80	58.71
Forward P/E	34.22	45.32
P/S ratio	11.37	22.51
P/B ratio	13.69	16.03
EV / EBITDA	35.36	50.39
FCF yield	1.60%	2.17%

Profitability

Metric	AMAT	ANET
Gross margin	49.40%	63.00%
Operating margin	30.50%	43.14%
Net margin	30.05%	38.37%
ROE	36.16%	27.33%
ROIC	23.58%	21.80%

Dividends

Metric	AMAT	ANET
Dividend yield	0.44%	N/A
Payout ratio	21.93%	N/A

Growth (annualized)

Metric	AMAT	ANET
Revenue CAGR (5Y)	8.81%	32.02%
EPS CAGR (5Y)	17.13%	39.94%
FCF CAGR (5Y)	5.66%	41.77%
Total return CAGR (5Y)	27.73%	52.27%

Frequently asked

Which has the lower trailing P/E, AMAT or ANET?: AMAT has the lower trailing P/E: AMAT trades at 37.80 and ANET at 58.71. P/E is one valuation measure and does not by itself establish which business is cheaper.
Which has grown faster, AMAT or ANET?: Over the past five years, ANET grew revenue faster — AMAT at a 8.81% CAGR versus ANET at 32.02%.
Does AMAT or ANET pay a bigger dividend?: AMAT pays a dividend (0.44% yield), while ANET has no payments in the available dividend history.
Is AMAT or ANET more profitable?: ANET runs the higher net margin — AMAT at 30.05% versus ANET at 38.37%.
How have AMAT and ANET total returns compared?: Over the past 10 years, AMAT delivered 32.16% and ANET delivered 43.41% annualized total return. Past performance doesn't predict future results.

Go deeper

Full AMAT analysis Full ANET analysis Interactive comparison tool

Dig into the metrics

Applied Materials P/E ratio Arista Networks P/E ratio Applied Materials dividend yield Applied Materials ROE Arista Networks ROE Applied Materials operating margin Arista Networks operating margin Applied Materials revenue growth Arista Networks revenue growth Applied Materials free cash flow Arista Networks free cash flow

Applied Materials & Arista Networks appear in these rankings

Fastest Revenue Growth Stocks Highest ROE Stocks Highest ROIC Stocks Highest 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 September 3, 2026.