Arista Networks, Inc. (ANET) vs Shopify Inc. (SHOP)
A side-by-side comparison of Arista Networks, Inc. and Shopify Inc. 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.
ANET
Arista Networks, Inc.
$169.71TechnologyDelayed quote: Jul 28, 2026, 4:00 PM EDT
SHOP
Shopify Inc.
$130.28TechnologyDelayed quote: Jul 28, 2026, 4:00 PM EDT
Total return — ANET vs SHOP
growth of $100 · dividends reinvested · last 11yANET +3946.4%SHOP +7363.5%SHOP compounded faster
ANET SHOP
ANET vs SHOP: by the numbers
- •ANET is the larger company ($213.69B vs $169.06B market cap).
- •ANET trades at the lower trailing earnings multiple (58.48 vs 124.39 P/E), one valuation lens rather than an overall verdict.
- •ANET converts more revenue to profit (38.32% vs 10.77% net margin).
- •ANET grew revenue faster over the past five years (31.58% vs 29.11% CAGR).
Metrics side by side
Valuation
| Metric | ANET | SHOP |
|---|---|---|
| P/E ratio | 58.48 | 124.39 |
| Forward P/E | 46.92 | 69.18 |
| P/S ratio | 22.40 | 13.37 |
| P/B ratio | 16.13 | 13.19 |
| PEG ratio | 2.05 | 4.35 |
| EV / EBITDA | 50.68 | 97.61 |
| FCF yield | 2.43% | 1.29% |
Profitability
| Metric | ANET | SHOP |
|---|---|---|
| Gross margin | 63.54% | 47.97% |
| Operating margin | 42.79% | 13.32% |
| Net margin | 38.32% | 10.77% |
| ROE | 27.59% | 10.62% |
| ROIC | 22.64% | 8.67% |
Growth (annualized)
| Metric | ANET | SHOP |
|---|---|---|
| Revenue CAGR (5Y) | 31.58% | 29.11% |
| EPS CAGR (5Y) | 39.94% | 28.61% |
| FCF CAGR (5Y) | 46.68% | 28.17% |
| Total return CAGR (5Y) | 48.81% | -3.00% |
Frequently asked
- Which has the lower trailing P/E, ANET or SHOP?
- ANET has the lower trailing P/E: ANET trades at 58.48 and SHOP at 124.39. P/E is one valuation measure and does not by itself establish which business is cheaper.
- Which has grown faster, ANET or SHOP?
- Over the past five years, ANET grew revenue faster — ANET at a 31.58% CAGR versus SHOP at 29.11%.
- Is ANET or SHOP more profitable?
- ANET runs the higher net margin — ANET at 38.32% versus SHOP at 10.77%.
Go deeper
Dig into the metrics
Arista Networks P/E ratioShopify P/E ratioArista Networks dividend yieldShopify dividend yieldArista Networks ROEShopify ROEArista Networks operating marginShopify operating marginArista Networks revenue growthShopify revenue growthArista Networks free cash flowShopify free cash flow
Arista Networks & Shopify 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 July 28, 2026.