Arista Networks, Inc. (ANET) vs QUALCOMM Incorporated (QCOM)

ANET leads on 9 of 16 compared metrics, though QCOM is the cheaper stock.

A side-by-side comparison of Arista Networks, Inc. and QUALCOMM Incorporated across valuation, profitability, dividends, and growth — built entirely from reported fundamentals, as of June 13, 2026. The ● marks the stronger figure on each row (cheaper multiple, higher margin/return).

Arista Networks, Inc. logo
ANET
Arista Networks, Inc.
$205.55B
$163.24Technology
QUALCOMM Incorporated logo
QCOM
QUALCOMM Incorporated
$223.15B
$211.72Technology

Total return — ANET vs QCOM

growth of $100 · last 12y
ANET +4631.6%QCOM +164.8%ANET compounded faster
Log scale — wide-divergence pair
101001k10kStart $100201620182020202220242026$4,732$265
ANET QCOM

ANET vs QCOM: by the numbers

  • •QCOM is the larger company ($223.15B vs $205.55B market cap).
  • •QCOM trades at the lower earnings multiple (22.72 vs 55.90 P/E).
  • •ANET converts more revenue to profit (38.32% vs 22.31% net margin).
  • •ANET grew revenue faster over the past five years (31.58% vs 8.63% CAGR).
  • •QCOM pays a dividend (1.70% yield) while ANET does not currently pay one.

Which is better, ANET or QCOM?

Metric tally: ANET 9 · QCOM 7

It depends on what you're optimizing for:

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

Valuation

MetricANETQCOM
P/E ratio55.9022.72●
Forward P/E44.9819.72●
P/S ratio21.415.10●
P/B ratio15.428.32●
PEG ratio2.05●3.96
EV / EBITDA44.3617.18●
FCF yield2.54%5.51%●

Profitability

MetricANETQCOM
Gross margin63.54%●54.80%
Operating margin42.79%●25.52%
Net margin38.32%●22.31%
ROE27.59%36.38%●
ROIC22.64%●13.15%

Dividends

MetricANETQCOM
Dividend yield—1.70%
Payout ratio—70.95%

Growth (annualized)

MetricANETQCOM
Revenue CAGR (5Y)31.58%●8.63%
EPS CAGR (5Y)39.94%●5.74%
FCF CAGR (5Y)46.68%●9.39%
Total return CAGR (5Y)48.29%●11.87%

Frequently asked

Which is better, ANET or QCOM?
It depends on your goal. value: QCOM (lower P/E); growth: ANET (faster 5Y revenue CAGR); quality: ANET (higher ROIC). Across all compared metrics, ANET leads 9 to 7.
Is ANET or QCOM cheaper?
On trailing earnings, QCOM is cheaper: ANET trades at a 55.90 P/E and QCOM at 22.72.
Which has grown faster, ANET or QCOM?
Over the past five years, ANET grew revenue faster — ANET at a 31.58% CAGR versus QCOM at 8.63%.
Does ANET or QCOM pay a bigger dividend?
QCOM pays a dividend (1.70% yield) while ANET does not currently pay one.
Is ANET or QCOM more profitable?
ANET runs the higher net margin — ANET at 38.32% versus QCOM at 22.31%.
Which has been the better investment, ANET or QCOM?
Over the past 10-year, ANET delivered the higher annualized total return — ANET at 42.96% versus QCOM at 17.83%. Past performance doesn't predict future results.

Go deeper

Full ANET analysisFull QCOM analysisInteractive comparison tool

Dig into the metrics

Arista Networks P/E ratioQUALCOMM P/E ratioArista Networks dividend yieldQUALCOMM dividend yieldArista Networks ROEQUALCOMM ROEArista Networks operating marginQUALCOMM operating marginArista Networks revenue growthQUALCOMM revenue growthArista Networks free cash flowQUALCOMM free cash flow

Arista Networks & QUALCOMM appear in these rankings

Fastest Revenue Growth StocksHighest ROE StocksHighest ROIC StocksHighest 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 13, 2026.