Arista Networks, Inc. (ANET) vs Lam Research Corporation (LRCX)
A side-by-side comparison of Arista Networks, Inc. and Lam Research Corporation across valuation, profitability, dividends, and growth — built entirely from reported fundamentals, as of September 10, 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
LRCX
Lam Research Corporation
$298.22TechnologyDelayed quote: Sep 11, 2026, 4:00 PM EDT
Total return — ANET vs LRCX
growth of $100 · dividends reinvested · last 10yANET +3642.4% (+43.7%/yr)LRCX +3536.3% (+43.2%/yr)ANET compounded faster over this window
ANET LRCX
ANET vs LRCX: by the numbers
- •LRCX is the larger company ($372.94B vs $251.32B market cap).
- •LRCX trades at the lower trailing earnings multiple (51.77 vs 62.96 P/E), one valuation lens rather than an overall verdict.
- •ANET converts more revenue to profit (38.37% vs 31.27% net margin).
- •ANET grew revenue faster over the past five years (32.02% vs 11.25% CAGR).
- •LRCX pays a dividend (0.35% yield), while ANET has no payments in the available dividend history.
Metrics side by side
Valuation
| Metric | ANET | LRCX |
|---|---|---|
| P/E ratio | 62.96 | 51.77 |
| Forward P/E | 48.60 | 31.43 |
| P/S ratio | 23.84 | 16.05 |
| P/B ratio | 16.98 | 29.91 |
| EV / EBITDA | 53.41 | 42.99 |
| FCF yield | 2.05% | 1.21% |
Profitability
| Metric | ANET | LRCX |
|---|---|---|
| Gross margin | 63.00% | 50.47% |
| Operating margin | 43.14% | 35.29% |
| Net margin | 38.37% | 31.27% |
| ROE | 27.33% | 58.26% |
| ROIC | 21.80% | 40.77% |
Dividends
| Metric | ANET | LRCX |
|---|---|---|
| Dividend yield | N/A | 0.35% |
| Payout ratio | N/A | 18.06% |
Growth (annualized)
| Metric | ANET | LRCX |
|---|---|---|
| Revenue CAGR (5Y) | 32.02% | 11.25% |
| EPS CAGR (5Y) | 39.94% | 16.30% |
| FCF CAGR (5Y) | 41.77% | 12.22% |
| Total return CAGR (5Y) | 53.85% | 39.31% |
Frequently asked
- Which has the lower trailing P/E, ANET or LRCX?
- LRCX has the lower trailing P/E: ANET trades at 62.96 and LRCX at 51.77. P/E is one valuation measure and does not by itself establish which business is cheaper.
- Which has grown faster, ANET or LRCX?
- Over the past five years, ANET grew revenue faster — ANET at a 32.02% CAGR versus LRCX at 11.25%.
- Does ANET or LRCX pay a bigger dividend?
- LRCX pays a dividend (0.35% yield), while ANET has no payments in the available dividend history.
- Is ANET or LRCX more profitable?
- ANET runs the higher net margin — ANET at 38.37% versus LRCX at 31.27%.
- How have ANET and LRCX total returns compared?
- Over the past 10 years, ANET delivered 43.82% and LRCX delivered 43.62% annualized total return. Past performance doesn't predict future results.
Go deeper
Dig into the metrics
Arista Networks P/E ratioLam Research P/E ratioLam Research dividend yieldArista Networks ROELam Research ROEArista Networks operating marginLam Research operating marginArista Networks revenue growthLam Research revenue growthArista Networks free cash flowLam Research free cash flow
Arista Networks & Lam Research 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 10, 2026.