ANET vs. APH: Arista Networks vs. Amphenol Stock Comparison

August 16, 2026

How do Arista Networks (ANET) and Amphenol (APH) stack up? This page sets them side by side across company profile, performance and risk, profitability, growth, financial strength, dividends, and valuation, with selected fundamentals also measured against each stock's industry-group peers.

Company Profile

Arista Networks (ANET) and Amphenol (APH) both fall under the Technology Hardware & Equipment industry group, but ANET is classified in Communications Equipment while APH is classified in Electronic Equipment, Instruments & Components.

Company profile comparison for Arista Networks (ANET) and Amphenol (APH)
Profile Item	ANET	APH
Name	Arista Networks, Inc.	Amphenol Corporation
Country/Region	United States	United States
GICS Sector	Information Technology	Information Technology
GICS Industry Group	Technology Hardware & Equipment	Technology Hardware & Equipment
GICS Industry	Communications Equipment	Electronic Equipment, Instruments & Components
GICS Sub-Industry	Communications Equipment	Electronic Components
Market Capitalization	250.76 billion USD	206.04 billion USD
Currency	USD	USD
Exchange	NYSE	NYSE
Listing Date	June 6, 2014	November 8, 1991
Security Type	Common Stock	Common Stock

Price Performance

Cumulative Growth

ANET

APH

GSPC

Arista Networks (ANET) vs. Amphenol (APH), with S&P 500 (GSPC) for reference: Growth of a $10,000 investment over the past five years. Adjusted for dividends and splits.

Trailing Returns

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Trailing total returns for Arista Networks (ANET) and Amphenol (APH). Returns over one year are annualized.

Calendar-Year Returns

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Calendar-year total returns for Arista Networks (ANET) and Amphenol (APH). Each bar is that year's total return, measured year-end to year-end.

Performance Metrics

Price performance metrics for Arista Networks (ANET) and Amphenol (APH)
Metric	ANET	APH
Total Return (1Y)	45.68%	51.93%
Total Return (3Y, Annualized)	64.67%	57.59%
Total Return (5Y, Annualized)	54.27%	36.43%

Risk Profile

Drawdown History

ANET

APH

GSPC

Arista Networks (ANET) vs. Amphenol (APH), with S&P 500 (GSPC) for reference: Drawdown from the running peak over the past five years. Each line shows the decline from its prior peak; 0% marks a new high.

Return Distribution

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Distribution of monthly total returns for Arista Networks (ANET) and Amphenol (APH). Each bar is the share of months whose return fell in that 5% bucket.

Risk Metrics

Risk profile metrics for Arista Networks (ANET) and Amphenol (APH)
Metric	ANET	APH
Volatility (1Y, Annualized)	54.13%	44.37%
Beta (5Y)	1.62	1.24
Max Drawdown (5Y)	-50.42%	-28.73%
Avg. Volume (3M)	8.60M	8.57M

Risk-Adjusted Performance

Risk-Return Positioning

ANET and APH are plotted by 1-year volatility (risk) and 1-year return. The dashed Capital Allocation Line runs from the risk-free rate through the shared industry median.

Risk-Adjusted Metrics

Risk-adjusted metrics for Arista Networks (ANET) and Amphenol (APH)
Metric	ANET	APH
Sharpe Ratio (1Y)	0.77	1.08
Sortino Ratio (1Y)	1.12	1.55

Profitability

ROE (TTM)

Both Arista Networks (ANET) at 31.48% and Amphenol (APH) at 38.12% sit in the top peer quartile for ROE, suggesting each generates more profit from shareholders’ equity than typical industry peers.

ANET

Technology Hardware & Equipment industry group

31.48%

Max: 44.01%
ANET: 31.48%
Q3: 18.43%
Median: 10.41%
Q1: 0.66%
Min: -24.95%

APH

Technology Hardware & Equipment industry group

38.12%

Max: 44.01%
APH: 38.12%
Q3: 18.43%
Median: 10.41%
Q1: 0.66%
Min: -24.95%

Arista Networks (ANET) vs. Amphenol (APH): A comparison of their ROE against the Technology Hardware & Equipment industry group benchmark.

Net Margin (TTM)

Arista Networks (ANET) at 38.37% keeps the most of each sales dollar — above its industry’s net margin range — and Amphenol (APH) at 17.73% also retains a top-quartile share.

ANET

Technology Hardware & Equipment industry group

38.37%

ANET: 38.37%
Max: 26.11%
Q3: 10.66%
Median: 3.40%
Q1: -0.39%
Min: -11.93%

APH

Technology Hardware & Equipment industry group

17.73%

Max: 26.11%
APH: 17.73%
Q3: 10.66%
Median: 3.40%
Q1: -0.39%
Min: -11.93%

Arista Networks (ANET) vs. Amphenol (APH): A comparison of their net margin against the Technology Hardware & Equipment industry group benchmark.

Operating Margin (TTM)

Arista Networks (ANET) at 45.39% shows unusually strong operating efficiency — above its industry’s operating margin range — and Amphenol (APH) at 29.78% also operates in the top quartile.

ANET

Technology Hardware & Equipment industry group

45.39%

ANET: 45.39%
Max: 36.90%
Q3: 17.13%
Median: 7.40%
Q1: 2.09%
Min: -18.45%

APH

Technology Hardware & Equipment industry group

29.78%

Max: 36.90%
APH: 29.78%
Q3: 17.13%
Median: 7.40%
Q1: 2.09%
Min: -18.45%

Arista Networks (ANET) vs. Amphenol (APH): A comparison of their operating margin against the Technology Hardware & Equipment industry group benchmark.

Profitability Metrics

Profitability metrics for Arista Networks (ANET) and Amphenol (APH)
Metric	ANET	APH
ROE (TTM)	31.48%	38.12%
ROA (TTM)	14.12%	14.47%
Net Margin (TTM)	38.37%	17.73%
Operating Margin (TTM)	45.39%	29.78%
Gross Margin (TTM)	63.00%	38.95%

Growth

Revenue Growth

Both companies are growing quickly, but Amphenol (APH) at 51.71% is the standout with revenue growth above its industry range; Arista Networks (ANET) at 28.60% also sits in the top quartile.

Arista Networks (ANET) vs. Amphenol (APH): A comparison of their Revenue Growth across different time periods.

EPS Growth

Amphenol (APH) at 73.96% sits in the top EPS growth quartile, while Arista Networks (ANET) at 23.32% is closer to the peer norm — faster per-share earnings growth for APH.

Arista Networks (ANET) vs. Amphenol (APH): A comparison of their EPS Growth across different time periods.

Growth Metrics

Growth metrics for Arista Networks (ANET) and Amphenol (APH)
Metric	ANET	APH
Revenue Growth (YoY)	28.60%	51.71%
Revenue Growth (3Y CAGR)	27.15%	22.31%
EPS Growth (YoY)	23.32%	73.96%
EPS Growth (3Y CAGR)	37.08%	29.72%

Financial Strength

Current Ratio (MRQ)

Both Arista Networks (ANET) at 2.96 and Amphenol (APH) at 1.89 carry current ratio within their industries’ typical mid-ranges, suggesting balanced short-term liquidity relative to peers.

ANET

Technology Hardware & Equipment industry group

2.96

Max: 4.95
Q3: 3.05
ANET: 2.96
Median: 1.99
Q1: 1.32
Min: 0.17

APH

Technology Hardware & Equipment industry group

1.89

Max: 4.95
Q3: 3.05
Median: 1.99
APH: 1.89
Q1: 1.32
Min: 0.17

Arista Networks (ANET) vs. Amphenol (APH): A comparison of their current ratio against the Technology Hardware & Equipment industry group benchmark.

Debt / Equity (MRQ)

Only one side’s leverage can be read here: Amphenol (APH) carries debt-to-equity ratio of 1.20 against its industry range, while Arista Networks (ANET) reports no figure this period.

ANET

Technology Hardware & Equipment industry group

Max: 1.80
Q3: 0.82
Median: 0.27
Q1: 0.04
Min: 0.00
ANET: --

APH

Technology Hardware & Equipment industry group

1.20

Max: 1.80
APH: 1.20
Q3: 0.82
Median: 0.27
Q1: 0.04
Min: 0.00

Arista Networks (ANET) vs. Amphenol (APH): ANET does not report debt-to-equity ratio, so it has no value marker; APH is benchmarked against the Technology Hardware & Equipment industry group.

Financial Strength Metrics

Financial strength metrics for Arista Networks (ANET) and Amphenol (APH)
Metric	ANET	APH
Current Ratio (MRQ)	2.96	1.89
Debt / Equity (MRQ)	--	1.20
Net Debt / EBITDA	-2.88	1.42

Dividends

Dividend Yield (TTM)

Arista Networks (ANET) pays no dividend (yield 0.00%) — it may be reinvesting, using buybacks, or simply not returning cash through dividends. Meanwhile Amphenol (APH) reports a yield of 0.55%, ranking against industry peers normally.

ANET

Technology Hardware & Equipment industry group

0.00%

Max: 0.74%
Q3: 0.32%
ANET: 0.00%
Median: 0.00%
Q1: 0.00%
Min: 0.00%

APH

Technology Hardware & Equipment industry group

0.55%

Max: 0.74%
APH: 0.55%
Q3: 0.32%
Median: 0.00%
Q1: 0.00%
Min: 0.00%

Arista Networks (ANET) vs. Amphenol (APH): A comparison of their dividend yield against the Technology Hardware & Equipment industry group benchmark.

Dividend Payout Ratio (TTM)

Arista Networks (ANET) pays no dividend (payout 0.00%) — it may be reinvesting, using buybacks, or simply not returning cash through dividends. Meanwhile Amphenol (APH) reports a payout of 22.88%, ranking against industry peers normally.

ANET

Technology Hardware & Equipment industry group

0.00%

Max: 34.91%
Q3: 14.28%
ANET: 0.00%
Median: 0.00%
Q1: 0.00%
Min: 0.00%

APH

Technology Hardware & Equipment industry group

22.88%

Max: 34.91%
APH: 22.88%
Q3: 14.28%
Median: 0.00%
Q1: 0.00%
Min: 0.00%

Arista Networks (ANET) vs. Amphenol (APH): A comparison of their payout ratio against the Technology Hardware & Equipment industry group benchmark.

Dividend Metrics

Dividend metrics for Arista Networks (ANET) and Amphenol (APH)
Metric	ANET	APH
Dividend Yield (TTM)	0.00%	0.55%
Dividend Payout Ratio (TTM)	0.00%	22.88%

Valuation

P/E Ratio (TTM)

Amphenol (APH) at 41.88 is near its industry’s usual P/E ratio, while Arista Networks (ANET) at 62.92 sits in the richer quartile — ANET needs stronger growth or earnings quality to justify the premium.

ANET

Technology Hardware & Equipment industry group

62.92

Max: 106.10
ANET: 62.92
Q3: 62.78
Median: 36.76
Q1: 22.85
Min: 11.58

APH

Technology Hardware & Equipment industry group

41.88

Max: 106.10
Q3: 62.78
APH: 41.88
Median: 36.76
Q1: 22.85
Min: 11.58

Arista Networks (ANET) vs. Amphenol (APH): A comparison of their P/E ratio against the Technology Hardware & Equipment industry group benchmark.

P/S Ratio (TTM)

Amphenol (APH) at 7.10 prices around its industry’s typical P/S ratio, while Arista Networks (ANET) at 23.79 clears its benchmark range — ANET looks notably rich on sales.

ANET

Technology Hardware & Equipment industry group

23.79

ANET: 23.79
Max: 17.14
Q3: 7.76
Median: 3.42
Q1: 1.39
Min: 0.00

APH

Technology Hardware & Equipment industry group

7.10

Max: 17.14
Q3: 7.76
APH: 7.10
Median: 3.42
Q1: 1.39
Min: 0.00

Arista Networks (ANET) vs. Amphenol (APH): A comparison of their P/S ratio against the Technology Hardware & Equipment industry group benchmark.

P/B Ratio (MRQ)

Both Arista Networks (ANET) at 16.95 and Amphenol (APH) at 13.30 carry a premium to book value versus peers, sitting in the upper P/B ratio quartile of their industries.

ANET

Technology Hardware & Equipment industry group

16.95

Max: 17.63
ANET: 16.95
Q3: 8.56
Median: 4.23
Q1: 2.14
Min: -1.92

APH

Technology Hardware & Equipment industry group

13.30

Max: 17.63
APH: 13.30
Q3: 8.56
Median: 4.23
Q1: 2.14
Min: -1.92

Arista Networks (ANET) vs. Amphenol (APH): A comparison of their P/B ratio against the Technology Hardware & Equipment industry group benchmark.

Valuation Metrics

Valuation metrics for Arista Networks (ANET) and Amphenol (APH)
Metric	ANET	APH
P/E Ratio (TTM)	62.92	41.88
P/S Ratio (TTM)	23.79	7.10
P/B Ratio (MRQ)	16.95	13.30
Free Cash Flow Yield (TTM)	1.55%	1.85%