Arista Networks, Inc. (ANET) vs Seagate Technology Holdings plc (STX)

ANET leads on 10 of 16 compared metrics.

A side-by-side comparison of Arista Networks, Inc. and Seagate Technology Holdings plc 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
Seagate Technology Holdings plc logo
STX
Seagate Technology Holdings plc
$208.77B
$931.04Technology

Total return — ANET vs STX

growth of $100 · last 12y
ANET +4645.3%STX +1577.5%ANET compounded faster
01k2k3k4k5kStart $100201620182020202220242026$4,745$1,678
ANET STX

ANET vs STX: by the numbers

  • •STX is the larger company ($208.77B vs $205.55B market cap).
  • •ANET trades at the lower earnings multiple (55.90 vs 88.33 P/E).
  • •ANET converts more revenue to profit (38.32% vs 21.60% net margin).
  • •ANET grew revenue faster over the past five years (31.58% vs 1.57% CAGR).
  • •STX pays a dividend (0.31% yield) while ANET does not currently pay one.

Which is better, ANET or STX?

Metric tally: ANET 10 · STX 6

It depends on what you're optimizing for:

ValueANET(lower P/E)
GrowthANET(faster 5Y revenue CAGR)
QualitySTX(higher ROIC)

Valuation

MetricANETSTX
P/E ratio55.90●88.33
Forward P/E44.9834.52●
P/S ratio21.4119.36●
P/B ratio15.42●194.71
PEG ratio2.050.06●
EV / EBITDA44.36●65.31
FCF yield2.54%●1.23%

Profitability

MetricANETSTX
Gross margin63.54%●41.54%
Operating margin42.79%●28.33%
Net margin38.32%●21.60%
ROE27.59%217.17%●
ROIC22.64%34.14%●

Dividends

MetricANETSTX
Dividend yield—0.31%
Payout ratio—42.14%

Growth (annualized)

MetricANETSTX
Revenue CAGR (5Y)31.58%●1.57%
EPS CAGR (5Y)39.94%●-0.47%
FCF CAGR (5Y)46.68%●20.22%
Total return CAGR (5Y)48.29%61.98%●

Frequently asked

Which is better, ANET or STX?
It depends on your goal. value: ANET (lower P/E); growth: ANET (faster 5Y revenue CAGR); quality: STX (higher ROIC). Across all compared metrics, ANET leads 10 to 6.
Is ANET or STX cheaper?
On trailing earnings, ANET is cheaper: ANET trades at a 55.90 P/E and STX at 88.33.
Which has grown faster, ANET or STX?
Over the past five years, ANET grew revenue faster — ANET at a 31.58% CAGR versus STX at 1.57%.
Does ANET or STX pay a bigger dividend?
STX pays a dividend (0.31% yield) while ANET does not currently pay one.
Is ANET or STX more profitable?
ANET runs the higher net margin — ANET at 38.32% versus STX at 21.60%.
Which has been the better investment, ANET or STX?
Over the past 10-year, STX delivered the higher annualized total return — ANET at 42.96% versus STX at 50.80%. Past performance doesn't predict future results.

Go deeper

Full ANET analysisFull STX analysisInteractive comparison tool

Dig into the metrics

Arista Networks P/E ratioSeagate Technology P/E ratioArista Networks dividend yieldSeagate Technology dividend yieldArista Networks ROESeagate Technology ROEArista Networks operating marginSeagate Technology operating marginArista Networks revenue growthSeagate Technology revenue growthArista Networks free cash flowSeagate Technology free cash flow

Arista Networks & Seagate Technology 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.