ANET vs. AVGO: Arista Networks vs. Broadcom Stock Comparison

November 11, 2026

How do Arista Networks (ANET) and Broadcom (AVGO) 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 Broadcom (AVGO) share the Information Technology sector but sit in different industry groups — ANET in Technology Hardware & Equipment and AVGO in Semiconductors & Semiconductor Equipment.

Company profile comparison for Arista Networks (ANET) and Broadcom (AVGO)
Profile Item	ANET	AVGO
Name	Arista Networks Inc.	Broadcom Inc.
Country/Region	United States	United States
GICS Sector	Information Technology	Information Technology
GICS Industry Group	Technology Hardware & Equipment	Semiconductors & Semiconductor Equipment
GICS Industry	Communications Equipment	Semiconductors & Semiconductor Equipment
GICS Sub-Industry	Communications Equipment	Semiconductors
Market Capitalization	215.79 billion USD	1,401.97 billion USD
Currency	USD	USD
Exchange	NYSE	Nasdaq
Listing Date	June 6, 2014	August 6, 2009
Security Type	Common Stock	Common Stock

Price Performance

Cumulative Growth

ANET

AVGO

GSPC

Arista Networks (ANET) vs. Broadcom (AVGO), 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 Broadcom (AVGO). Returns over one year are annualized.

Calendar-Year Returns

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

Performance Metrics

Price performance metrics for Arista Networks (ANET) and Broadcom (AVGO)
Metric	ANET	AVGO
Total Return (1Y)	38.40%	-8.02%
Total Return (3Y, Annualized)	52.15%	53.49%
Total Return (5Y, Annualized)	41.19%	44.26%

Risk Profile

Drawdown History

ANET

AVGO

GSPC

Arista Networks (ANET) vs. Broadcom (AVGO), 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 Broadcom (AVGO). Each bar is the share of months whose return fell in that 5% bucket.

Risk Metrics

Risk profile metrics for Arista Networks (ANET) and Broadcom (AVGO)
Metric	ANET	AVGO
Volatility (1Y, Annualized)	56.66%	48.06%
Beta (5Y)	1.60	1.50
Max Drawdown (5Y)	-50.42%	-41.15%
Avg. Volume (3M)	6.09M	23.75M

Risk-Adjusted Performance

Risk-Return Positioning

ANET and AVGO are plotted by 1-year volatility (risk) and 1-year return. Each dashed Capital Allocation Line uses that stock's own industry median.

Risk-Adjusted Metrics

Risk-adjusted metrics for Arista Networks (ANET) and Broadcom (AVGO)
Metric	ANET	AVGO
Sharpe Ratio (1Y)	0.60	-0.26
Sortino Ratio (1Y)	0.87	-0.35

Profitability

ROE (TTM)

Both Arista Networks (ANET) at 33.52% and Broadcom (AVGO) at 44.25% 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

33.52%

Max: 42.47%
ANET: 33.52%
Q3: 19.13%
Median: 11.00%
Q1: 1.63%
Min: -20.62%

AVGO

Semiconductors & Semiconductor Equipment industry group

44.25%

Max: 52.82%
AVGO: 44.25%
Q3: 22.26%
Median: 10.58%
Q1: 1.29%
Min: -16.89%

Arista Networks (ANET) vs. Broadcom (AVGO): A comparison of their ROE against their respective Technology Hardware & Equipment and Semiconductors & Semiconductor Equipment industry group benchmarks.

Net Margin (TTM)

Arista Networks (ANET) at 39.97% keeps the most of each sales dollar — above its industry’s net margin range — and Broadcom (AVGO) at 42.94% also retains a top-quartile share.

ANET

Technology Hardware & Equipment industry group

39.97%

ANET: 39.97%
Max: 27.60%
Q3: 11.66%
Median: 4.08%
Q1: 0.00%
Min: -11.02%

AVGO

Semiconductors & Semiconductor Equipment industry group

42.94%

Max: 63.80%
AVGO: 42.94%
Q3: 28.36%
Median: 11.44%
Q1: 0.90%
Min: -37.77%

Arista Networks (ANET) vs. Broadcom (AVGO): A comparison of their net margin against their respective Technology Hardware & Equipment and Semiconductors & Semiconductor Equipment industry group benchmarks.

Operating Margin (TTM)

Arista Networks (ANET) at 44.90% shows unusually strong operating efficiency — above its industry’s operating margin range — and Broadcom (AVGO) at 54.31% also operates in the top quartile.

ANET

Technology Hardware & Equipment industry group

44.90%

ANET: 44.90%
Max: 36.27%
Q3: 18.36%
Median: 8.84%
Q1: 1.46%
Min: -21.39%

AVGO

Semiconductors & Semiconductor Equipment industry group

54.31%

Max: 58.66%
AVGO: 54.31%
Q3: 30.23%
Median: 15.91%
Q1: 7.54%
Min: -25.74%

Arista Networks (ANET) vs. Broadcom (AVGO): A comparison of their operating margin against their respective Technology Hardware & Equipment and Semiconductors & Semiconductor Equipment industry group benchmarks.

Profitability Metrics

Profitability metrics for Arista Networks (ANET) and Broadcom (AVGO)
Metric	ANET	AVGO
ROE (TTM)	33.52%	44.25%
ROA (TTM)	15.04%	15.37%
Net Margin (TTM)	39.97%	42.94%
Operating Margin (TTM)	44.90%	54.31%
Gross Margin (TTM)	62.88%	75.52%

Growth

Revenue Growth

Arista Networks (ANET) at 28.60% sits in the top revenue growth quartile, while Broadcom (AVGO) at 23.87% is closer to the peer norm — faster top-line expansion for ANET.

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

EPS Growth

Broadcom (AVGO) at 287.80% clears its industry range for EPS growth, a much stronger earnings trajectory than Arista Networks (ANET) at 23.32%, which is closer to a typical peer reading.

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

Growth Metrics

Growth metrics for Arista Networks (ANET) and Broadcom (AVGO)
Metric	ANET	AVGO
Revenue Growth (YoY)	28.60%	23.87%
Revenue Growth (3Y CAGR)	27.15%	24.38%
EPS Growth (YoY)	23.32%	287.80%
EPS Growth (3Y CAGR)	37.08%	21.60%

Financial Strength

Current Ratio (MRQ)

Broadcom (AVGO) at 2.50 keeps current ratio within its industry’s typical mid-range, while Arista Networks (ANET) at 3.29 sits above its industry’s typical mid-range — comfortable liquidity, though possibly with more idle current assets relative to peers.

ANET

Technology Hardware & Equipment industry group

3.29

Max: 5.34
ANET: 3.29
Q3: 3.02
Median: 1.95
Q1: 1.32
Min: 0.17

AVGO

Semiconductors & Semiconductor Equipment industry group

2.50

Max: 10.33
Q3: 5.62
Median: 3.33
AVGO: 2.50
Q1: 2.35
Min: 1.03

Arista Networks (ANET) vs. Broadcom (AVGO): A comparison of their current ratio against their respective Technology Hardware & Equipment and Semiconductors & Semiconductor Equipment industry group benchmarks.

Debt / Equity (MRQ)

Only one side’s leverage can be read here: Broadcom (AVGO) carries debt-to-equity ratio of 0.60 against its industry range, while Arista Networks (ANET) reports no figure this period.

ANET

Technology Hardware & Equipment industry group

Max: 1.76
Q3: 0.78
Median: 0.24
Q1: 0.04
Min: 0.01
ANET: --

AVGO

Semiconductors & Semiconductor Equipment industry group

0.60

Max: 1.46
Q3: 0.65
AVGO: 0.60
Median: 0.27
Q1: 0.04
Min: 0.00

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

Financial Strength Metrics

Financial strength metrics for Arista Networks (ANET) and Broadcom (AVGO)
Metric	ANET	AVGO
Current Ratio (MRQ)	3.29	2.50
Debt / Equity (MRQ)	--	0.60
Net Debt / EBITDA	-2.71	0.68

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 Broadcom (AVGO) reports a yield of 0.89%, ranking against industry peers normally.

ANET

Technology Hardware & Equipment industry group

0.00%

Max: 0.73%
Q3: 0.31%
ANET: 0.00%
Median: 0.00%
Q1: 0.00%
Min: 0.00%

AVGO

Semiconductors & Semiconductor Equipment industry group

0.89%

Max: 1.37%
AVGO: 0.89%
Q3: 0.65%
Median: 0.00%
Q1: 0.00%
Min: 0.00%

Arista Networks (ANET) vs. Broadcom (AVGO): A comparison of their dividend yield against their respective Technology Hardware & Equipment and Semiconductors & Semiconductor Equipment industry group benchmarks.

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 Broadcom (AVGO) reports a payout of 32.44%, ranking against industry peers normally.

ANET

Technology Hardware & Equipment industry group

0.00%

Max: 32.27%
Q3: 14.48%
ANET: 0.00%
Median: 0.00%
Q1: 0.00%
Min: 0.00%

AVGO

Semiconductors & Semiconductor Equipment industry group

32.44%

Max: 49.64%
AVGO: 32.44%
Q3: 21.71%
Median: 0.00%
Q1: 0.00%
Min: 0.00%

Arista Networks (ANET) vs. Broadcom (AVGO): A comparison of their payout ratio against their respective Technology Hardware & Equipment and Semiconductors & Semiconductor Equipment industry group benchmarks.

Dividend Metrics

Dividend metrics for Arista Networks (ANET) and Broadcom (AVGO)
Metric	ANET	AVGO
Dividend Yield (TTM)	0.00%	0.89%
Dividend Payout Ratio (TTM)	0.00%	32.44%

Valuation

P/E Ratio (TTM)

Broadcom (AVGO) at 37.51 is near its industry’s usual P/E ratio, while Arista Networks (ANET) at 45.79 sits in the richer quartile — ANET needs stronger growth or earnings quality to justify the premium.

ANET

Technology Hardware & Equipment industry group

45.79

Max: 69.48
ANET: 45.79
Q3: 41.02
Median: 26.39
Q1: 19.36
Min: 6.07

AVGO

Semiconductors & Semiconductor Equipment industry group

37.51

Max: 110.34
Q3: 66.81
AVGO: 37.51
Median: 37.02
Q1: 23.96
Min: 8.12

Arista Networks (ANET) vs. Broadcom (AVGO): A comparison of their P/E ratio against their respective Technology Hardware & Equipment and Semiconductors & Semiconductor Equipment industry group benchmarks.

P/S Ratio (TTM)

Both look expensive on sales: Broadcom (AVGO) at 15.73 sits in the upper P/S ratio quartile, and Arista Networks (ANET) at 18.15 prices even higher, above its industry range.

ANET

Technology Hardware & Equipment industry group

18.15

ANET: 18.15
Max: 11.30
Q3: 5.82
Median: 2.56
Q1: 1.05
Min: 0.00

AVGO

Semiconductors & Semiconductor Equipment industry group

15.73

Max: 21.42
AVGO: 15.73
Q3: 12.27
Median: 5.76
Q1: 2.73
Min: 0.00

Arista Networks (ANET) vs. Broadcom (AVGO): A comparison of their P/S ratio against their respective Technology Hardware & Equipment and Semiconductors & Semiconductor Equipment industry group benchmarks.

P/B Ratio (MRQ)

Both look rich against book: Broadcom (AVGO) at 14.06 sits in the upper P/B ratio quartile, and Arista Networks (ANET) at 13.12 prices even higher, above its industry range.

ANET

Technology Hardware & Equipment industry group

13.12

ANET: 13.12
Max: 10.75
Q3: 5.52
Median: 3.17
Q1: 1.79
Min: 0.33

AVGO

Semiconductors & Semiconductor Equipment industry group

14.06

AVGO: 14.06
Max: 14.06
Q3: 7.44
Median: 4.29
Q1: 2.30
Min: 0.20

Arista Networks (ANET) vs. Broadcom (AVGO): A comparison of their P/B ratio against their respective Technology Hardware & Equipment and Semiconductors & Semiconductor Equipment industry group benchmarks.

Valuation Metrics

Valuation metrics for Arista Networks (ANET) and Broadcom (AVGO)
Metric	ANET	AVGO
P/E Ratio (TTM)	45.79	37.51
P/S Ratio (TTM)	18.15	15.73
P/B Ratio (MRQ)	13.12	14.06
Free Cash Flow Yield (TTM)	1.39%	2.18%