Arista Networks, Inc. (ANET) vs Garmin Ltd. (GRMN)

A side-by-side comparison of Arista Networks, Inc. and Garmin Ltd. across valuation, profitability, dividends, and growth — built entirely from reported fundamentals, as of July 28, 2026. Differences are shown without an overall score or investment verdict.

Compare

Total returnANET vs GRMN

growth of $100 · dividends reinvested · last 12y
ANET +4864.0%GRMN +493.0%ANET compounded faster
Log scale — wide-divergence pair
101001k10kStart $100201620182020202220242026$4,964$593
ANET GRMN

ANET vs GRMN: by the numbers

  • ANET is the larger company ($213.69B vs $48.92B market cap).
  • GRMN trades at the lower trailing earnings multiple (27.03 vs 58.48 P/E), one valuation lens rather than an overall verdict.
  • ANET converts more revenue to profit (38.32% vs 23.26% net margin).
  • ANET grew revenue faster over the past five years (31.58% vs 11.13% CAGR).
  • GRMN pays a dividend (1.55% yield), while ANET has no payments in the available dividend history.

Metrics side by side

Valuation

MetricANETGRMN
P/E ratio58.4827.03
Forward P/E46.9225.15
P/S ratio22.406.29
P/B ratio16.135.06
PEG ratio2.051.34
EV / EBITDA50.6820.68
FCF yield2.43%3.09%

Profitability

MetricANETGRMN
Gross margin63.54%59.14%
Operating margin42.79%26.46%
Net margin38.32%23.26%
ROE27.59%18.73%
ROIC22.64%16.65%

Dividends

MetricANETGRMN
Dividend yieldN/A1.55%
Payout ratioN/A43.35%

Growth (annualized)

MetricANETGRMN
Revenue CAGR (5Y)31.58%11.13%
EPS CAGR (5Y)39.94%9.55%
FCF CAGR (5Y)46.68%5.80%
Total return CAGR (5Y)48.81%12.05%

Frequently asked

Which has the lower trailing P/E, ANET or GRMN?
GRMN has the lower trailing P/E: ANET trades at 58.48 and GRMN at 27.03. P/E is one valuation measure and does not by itself establish which business is cheaper.
Which has grown faster, ANET or GRMN?
Over the past five years, ANET grew revenue faster — ANET at a 31.58% CAGR versus GRMN at 11.13%.
Does ANET or GRMN pay a bigger dividend?
GRMN pays a dividend (1.55% yield), while ANET has no payments in the available dividend history.
Is ANET or GRMN more profitable?
ANET runs the higher net margin — ANET at 38.32% versus GRMN at 23.26%.
How have ANET and GRMN total returns compared?
Over the past 10 years, ANET delivered 44.12% and GRMN delivered 19.62% annualized total return. 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 28, 2026.