Is ANET or APP cheaper?

On trailing earnings, APP is cheaper: ANET trades at a 59.78 P/E and APP at 40.33.

Which has grown faster, ANET or APP?

Over the past five years, ANET grew revenue faster — ANET at a 31.58% CAGR versus APP at 27.99%.

Is ANET or APP more profitable?

APP runs the higher net margin — ANET at 38.32% versus APP at 64.29%.

Which has been the better investment, ANET or APP?

Over the past 5-year, ANET delivered the higher annualized total return — ANET at 42.94% versus APP at 42.36%. Past performance doesn't predict future results.

Arista Networks, Inc. (ANET) vs AppLovin Corporation (APP)

APP leads on 12 of 16 compared metrics.

A side-by-side comparison of Arista Networks, Inc. and AppLovin Corporation across valuation, profitability, dividends, and growth — built entirely from reported fundamentals, as of June 23, 2026. The ● marks the stronger figure on each row (cheaper multiple, higher margin/return).

ANET

Arista Networks, Inc.

Total return — ANET vs APP

growth of $100 · last 5y

ANET +787.0%APP +619.9%ANET compounded faster

ANET APP

ANET vs APP: by the numbers

•ANET is the larger company ($206.52B vs $157.69B market cap).
•APP trades at the lower earnings multiple (40.33 vs 59.78 P/E).
•APP converts more revenue to profit (64.29% vs 38.32% net margin).
•ANET grew revenue faster over the past five years (31.58% vs 27.99% CAGR).

Which is better, ANET or APP?

Metric tally: ANET 4 · APP 12

It depends on what you're optimizing for:

ValueAPP(lower P/E)

GrowthANET(faster 5Y revenue CAGR)

QualityAPP(higher ROIC)

Metrics side by side

Valuation

Metric	ANET	APP
P/E ratio	59.78	40.33●
Forward P/E	48.09	21.92●
P/S ratio	22.90●	25.79
P/B ratio	16.49●	67.27
PEG ratio	2.05	0.62●
EV / EBITDA	47.24	32.32●
FCF yield	2.37%	2.77%●

Profitability

Metric	ANET	APP
Gross margin	63.54%	88.37%●
Operating margin	42.79%	77.09%●
Net margin	38.32%	64.29%●
ROE	27.59%	167.67%●
ROIC	22.64%	60.71%●

Growth (annualized)

Metric	ANET	APP
Revenue CAGR (5Y)	31.58%●	27.99%
EPS CAGR (5Y)	39.94%	73.54%●
FCF CAGR (5Y)	46.68%	79.57%●
Total return CAGR (5Y)	48.41%●	42.36%

Frequently asked

Which is better, ANET or APP?: It depends on your goal. value: APP (lower P/E); growth: ANET (faster 5Y revenue CAGR); quality: APP (higher ROIC). Across all compared metrics, APP leads 12 to 4.
Is ANET or APP cheaper?: On trailing earnings, APP is cheaper: ANET trades at a 59.78 P/E and APP at 40.33.
Which has grown faster, ANET or APP?: Over the past five years, ANET grew revenue faster — ANET at a 31.58% CAGR versus APP at 27.99%.
Is ANET or APP more profitable?: APP runs the higher net margin — ANET at 38.32% versus APP at 64.29%.
Which has been the better investment, ANET or APP?: Over the past 5-year, ANET delivered the higher annualized total return — ANET at 42.94% versus APP at 42.36%. Past performance doesn't predict future results.

Go deeper

Full ANET analysis Full APP analysis Interactive comparison tool

Dig into the metrics

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

Arista Networks & AppLovin 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 June 23, 2026.