Arista Networks, Inc. (ANET) vs Dell Technologies Inc. (DELL)

ANET leads on 8 of 15 compared metrics, though DELL is the cheaper stock.

A side-by-side comparison of Arista Networks, Inc. and Dell Technologies Inc. across valuation, profitability, dividends, and growth — built entirely from reported fundamentals, as of July 9, 2026. The ● marks the stronger figure on each row (cheaper multiple, higher margin/return).

Compare

Total return — ANET vs DELL

growth of $100 · last 10y
ANET +3648.4%DELL +3479.2%ANET compounded faster
01k2k3k4kStart $10020182020202220242026$3,748$3,579
ANET DELL

ANET vs DELL: by the numbers

  • DELL is the larger company ($299.06B vs $232.56B market cap).
  • DELL trades at the lower earnings multiple (34.31 vs 62.00 P/E).
  • ANET converts more revenue to profit (38.32% vs 6.28% net margin).
  • ANET grew revenue faster over the past five years (31.58% vs 7.14% CAGR).
  • DELL pays a dividend (0.58% yield) while ANET does not currently pay one.

Which is better, ANET or DELL?

Metric tally: ANET 8 · DELL 7

It depends on what you're optimizing for:

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

Metrics side by side

Valuation

MetricANETDELL
P/E ratio62.0034.31
Forward P/E49.8843.33
P/S ratio23.752.11
P/B ratio17.10
PEG ratio2.050.34
EV / EBITDA53.7723.12
FCF yield2.29%3.33%

Profitability

MetricANETDELL
Gross margin63.54%19.16%
Operating margin42.79%7.98%
Net margin38.32%6.28%
ROE27.59%-240.32%
ROIC22.64%15.00%

Dividends

MetricANETDELL
Dividend yield0.58%
Payout ratio28.13%

Growth (annualized)

MetricANETDELL
Revenue CAGR (5Y)31.58%7.14%
EPS CAGR (5Y)39.94%15.44%
FCF CAGR (5Y)46.68%-5.14%
Total return CAGR (5Y)50.91%56.76%

Frequently asked

Which is better, ANET or DELL?
It depends on your goal. value: DELL (lower P/E); growth: ANET (faster 5Y revenue CAGR); quality: ANET (higher ROIC). Across all compared metrics, ANET leads 8 to 7.
Is ANET or DELL cheaper?
On trailing earnings, DELL is cheaper: ANET trades at a 62.00 P/E and DELL at 34.31.
Which has grown faster, ANET or DELL?
Over the past five years, ANET grew revenue faster — ANET at a 31.58% CAGR versus DELL at 7.14%.
Does ANET or DELL pay a bigger dividend?
DELL pays a dividend (0.58% yield) while ANET does not currently pay one.
Is ANET or DELL more profitable?
ANET runs the higher net margin — ANET at 38.32% versus DELL at 6.28%.
Which has been the better investment, ANET or DELL?
Over the past 5-year, DELL delivered the higher annualized total return — ANET at 45.60% versus DELL at 56.76%. Past performance doesn't predict future results.

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 July 9, 2026.