ANET vs. CRDO: Arista Networks vs. Credo Stock Comparison
How do Arista Networks (ANET) and Credo (CRDO) 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 Credo (CRDO) share the Information Technology sector but sit in different industry groups — ANET in Technology Hardware & Equipment and CRDO in Semiconductors & Semiconductor Equipment.
| Profile Item | ANET | CRDO |
|---|---|---|
| Name | Arista Networks Inc. | Credo Technology Group Holding Ltd |
| Country/Region | United States | Cayman Islands |
| 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 | 22.65 billion USD |
| Currency | USD | USD |
| Exchange | NYSE | Nasdaq |
| Listing Date | June 6, 2014 | January 27, 2022 |
| Security Type | Common Stock | Common Stock |
Price Performance
Cumulative Growth
Trailing Returns
Calendar-Year Returns
Performance Metrics
| Metric | ANET | CRDO |
|---|---|---|
| Total Return (1Y) | 38.40% | -17.42% |
| Total Return (3Y, Annualized) | 52.15% | 107.84% |
| Total Return (5Y, Annualized) | 41.19% | -- |
Risk Profile
Drawdown History
Return Distribution
Risk Metrics
| Metric | ANET | CRDO |
|---|---|---|
| Volatility (1Y, Annualized) | 56.66% | 98.54% |
| Beta (5Y) | 1.60 | 3.31 |
| Max Drawdown (5Y) | -50.42% | -62.87% |
| Avg. Volume (3M) | 6.09M | 8.02M |
Risk-Adjusted Performance
Risk-Return Positioning
Risk-Adjusted Metrics
| Metric | ANET | CRDO |
|---|---|---|
| Sharpe Ratio (1Y) | 0.60 | -0.22 |
| Sortino Ratio (1Y) | 0.87 | -0.32 |
Profitability
ROE (TTM)
Both Arista Networks (ANET) at 33.52% and Credo (CRDO) at 30.67% 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%
CRDO
Semiconductors & Semiconductor Equipment industry group
30.67%
- Max
- 52.82%
- CRDO
- 30.67%
- Q3
- 22.26%
- Median
- 10.58%
- Q1
- 1.29%
- Min
- -16.89%
Net Margin (TTM)
Arista Networks (ANET) at 39.97% keeps the most of each sales dollar — above its industry’s net margin range — and Credo (CRDO) at 33.83% 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%
CRDO
Semiconductors & Semiconductor Equipment industry group
33.83%
- Max
- 63.80%
- CRDO
- 33.83%
- Q3
- 28.36%
- Median
- 11.44%
- Q1
- 0.90%
- Min
- -37.77%
Operating Margin (TTM)
Arista Networks (ANET) at 44.90% turns sales into operating profit above its industry’s benchmark range, while Credo (CRDO) at 25.20% operates around its industry’s norm.
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%
CRDO
Semiconductors & Semiconductor Equipment industry group
25.20%
- Max
- 58.66%
- Q3
- 30.23%
- CRDO
- 25.20%
- Median
- 15.91%
- Q1
- 7.54%
- Min
- -25.74%
Profitability Metrics
| Metric | ANET | CRDO |
|---|---|---|
| ROE (TTM) | 33.52% | 30.67% |
| ROA (TTM) | 15.04% | 16.11% |
| Net Margin (TTM) | 39.97% | 33.83% |
| Operating Margin (TTM) | 44.90% | 25.20% |
| Gross Margin (TTM) | 62.88% | 67.07% |
Growth
Revenue Growth
Both companies are growing quickly, but Credo (CRDO) at 205.68% is the standout with revenue growth above its industry range; Arista Networks (ANET) at 28.60% also sits in the top quartile.
EPS Growth
Credo (CRDO) at 765.52% 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.
Growth Metrics
| Metric | ANET | CRDO |
|---|---|---|
| Revenue Growth (YoY) | 28.60% | 205.68% |
| Revenue Growth (3Y CAGR) | 27.15% | 93.53% |
| EPS Growth (YoY) | 23.32% | 765.52% |
| EPS Growth (3Y CAGR) | 37.08% | -- |
Financial Strength
Current Ratio (MRQ)
Both Arista Networks (ANET) at 3.29 and Credo (CRDO) at 7.40 post current ratio above their industries’ typical mid-ranges — short-term liquidity appears comfortable, though unusually high readings can point to idle current assets.
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
CRDO
Semiconductors & Semiconductor Equipment industry group
7.40
- Max
- 10.33
- CRDO
- 7.40
- Q3
- 5.62
- Median
- 3.33
- Q1
- 2.35
- Min
- 1.03
Debt / Equity (MRQ)
Only one side’s leverage can be read here: Credo (CRDO) carries debt-to-equity ratio of 0.01 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
- --
CRDO
Semiconductors & Semiconductor Equipment industry group
0.01
- Max
- 1.46
- Q3
- 0.65
- Median
- 0.27
- Q1
- 0.04
- CRDO
- 0.01
- Min
- 0.00
Financial Strength Metrics
| Metric | ANET | CRDO |
|---|---|---|
| Current Ratio (MRQ) | 3.29 | 7.40 |
| Debt / Equity (MRQ) | -- | 0.01 |
| Net Debt / EBITDA | -2.71 | -1.36 |
Dividends
Dividend Yield (TTM)
Neither Arista Networks (ANET) nor Credo (CRDO) pays a dividend this period — they may reinvest, use buybacks, or simply not return cash through dividends.
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%
CRDO
Semiconductors & Semiconductor Equipment industry group
0.00%
- Max
- 1.37%
- Q3
- 0.65%
- CRDO
- 0.00%
- Median
- 0.00%
- Q1
- 0.00%
- Min
- 0.00%
Dividend Payout Ratio (TTM)
Neither Arista Networks (ANET) nor Credo (CRDO) pays a dividend this period — they may reinvest, use buybacks, or simply not return cash through dividends.
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%
CRDO
Semiconductors & Semiconductor Equipment industry group
0.00%
- Max
- 49.64%
- Q3
- 21.71%
- CRDO
- 0.00%
- Median
- 0.00%
- Q1
- 0.00%
- Min
- 0.00%
Dividend Metrics
| Metric | ANET | CRDO |
|---|---|---|
| Dividend Yield (TTM) | 0.00% | 0.00% |
| Dividend Payout Ratio (TTM) | 0.00% | 0.00% |
Valuation
P/E Ratio (TTM)
Credo (CRDO) at 42.73 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
CRDO
Semiconductors & Semiconductor Equipment industry group
42.73
- Max
- 110.34
- Q3
- 66.81
- CRDO
- 42.73
- Median
- 37.02
- Q1
- 23.96
- Min
- 8.12
P/S Ratio (TTM)
Both look expensive on sales: Credo (CRDO) at 14.24 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
CRDO
Semiconductors & Semiconductor Equipment industry group
14.24
- Max
- 21.42
- CRDO
- 14.24
- Q3
- 12.27
- Median
- 5.76
- Q1
- 2.73
- Min
- 0.00
P/B Ratio (MRQ)
Both look rich against book: Credo (CRDO) at 8.29 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
CRDO
Semiconductors & Semiconductor Equipment industry group
8.29
- Max
- 14.06
- CRDO
- 8.29
- Q3
- 7.44
- Median
- 4.29
- Q1
- 2.30
- Min
- 0.20
Valuation Metrics
| Metric | ANET | CRDO |
|---|---|---|
| P/E Ratio (TTM) | 45.79 | 42.73 |
| P/S Ratio (TTM) | 18.15 | 14.24 |
| P/B Ratio (MRQ) | 13.12 | 8.29 |
| Free Cash Flow Yield (TTM) | 1.39% | 1.10% |