Arista Networks, Inc. (ANET) vs International Business Machines Corporation (IBM)
A side-by-side comparison of Arista Networks, Inc. and International Business Machines Corporation across valuation, profitability, dividends, and growth — built entirely from reported fundamentals, as of September 13, 2026. Differences are shown without an overall score or investment verdict.
ANET
Arista Networks, Inc.
$199.59TechnologyDelayed quote: Sep 11, 2026, 4:00 PM EDT
IBM
International Business Machines Corporation
$243.29TechnologyDelayed quote: Sep 11, 2026, 4:00 PM EDT
Total return — ANET vs IBM
growth of $100 · dividends reinvested · last 10yANET +3737.2% (+44.0%/yr)IBM +131.8% (+8.8%/yr)ANET compounded faster over this window
Log scale — wide-divergence pair
ANET IBM
ANET vs IBM: by the numbers
- •ANET is the larger company ($251.32B vs $229.21B market cap).
- •IBM trades at the lower trailing earnings multiple (21.53 vs 62.96 P/E), one valuation lens rather than an overall verdict.
- •ANET converts more revenue to profit (38.37% vs 15.52% net margin).
- •ANET grew revenue faster over the past five years (32.02% vs 1.13% CAGR).
- •IBM pays a dividend (2.88% yield), while ANET has no payments in the available dividend history.
Metrics side by side
Valuation
| Metric | ANET | IBM |
|---|---|---|
| P/E ratio | 62.96 | 21.53 |
| Forward P/E | 48.60 | 19.76 |
| P/S ratio | 23.84 | 3.32 |
| P/B ratio | 16.98 | 6.65 |
| EV / EBITDA | 53.41 | 16.38 |
| FCF yield | 2.05% | 5.95% |
Profitability
| Metric | ANET | IBM |
|---|---|---|
| Gross margin | 63.00% | 58.43% |
| Operating margin | 43.14% | 17.86% |
| Net margin | 38.37% | 15.52% |
| ROE | 27.33% | 31.13% |
| ROIC | 21.80% | 10.12% |
Dividends
| Metric | ANET | IBM |
|---|---|---|
| Dividend yield | N/A | 2.88% |
| Payout ratio | N/A | 59.65% |
Growth (annualized)
| Metric | ANET | IBM |
|---|---|---|
| Revenue CAGR (5Y) | 32.02% | 1.13% |
| EPS CAGR (5Y) | 39.94% | 12.59% |
| FCF CAGR (5Y) | 41.77% | -1.28% |
| Total return CAGR (5Y) | 55.50% | 16.72% |
Frequently asked
- Which has the lower trailing P/E, ANET or IBM?
- IBM has the lower trailing P/E: ANET trades at 62.96 and IBM at 21.53. P/E is one valuation measure and does not by itself establish which business is cheaper.
- Which has grown faster, ANET or IBM?
- Over the past five years, ANET grew revenue faster — ANET at a 32.02% CAGR versus IBM at 1.13%.
- Does ANET or IBM pay a bigger dividend?
- IBM pays a dividend (2.88% yield), while ANET has no payments in the available dividend history.
- Is ANET or IBM more profitable?
- ANET runs the higher net margin — ANET at 38.37% versus IBM at 15.52%.
- How have ANET and IBM total returns compared?
- Over the past 10 years, ANET delivered 44.59% and IBM delivered 9.09% annualized total return. Past performance doesn't predict future results.
Go deeper
Dig into the metrics
Arista Networks P/E ratioInternational Business Machines P/E ratioInternational Business Machines dividend yieldArista Networks ROEInternational Business Machines ROEArista Networks operating marginInternational Business Machines operating marginArista Networks revenue growthInternational Business Machines revenue growthArista Networks free cash flowInternational Business Machines free cash flow
Arista Networks & International Business Machines appear in these rankings
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 13, 2026.