ANET vs. FTV: A Head-to-Head Stock Comparison

Updated on August 24, 2025

Here’s a clear look at ANET and FTV, comparing key factors like historical performance, profitability, financial strength, growth, dividend, and valuation.

Company Profile

Symbol	ANET	FTV
Company Name	Arista Networks Inc	Fortive Corporation
Country	United States	United States
GICS Sector	Information Technology	Industrials
GICS Industry	Communications Equipment	Machinery
Market Capitalization	165.24 billion USD	16.25 billion USD
Exchange	NYSE	NYSE
Listing Date	June 6, 2014	July 5, 2016
Security Type	Common Stock	Common Stock

Historical Performance

This chart compares the performance of ANET and FTV by tracking the growth of an initial $10,000 investment in each. Use the tabs to select the desired time period. Data is adjusted for dividends and splits.

ANET vs. FTV: Growth of a $10,000 investment over the past one year.

Historical Performance at a Glance

Symbol	ANET	FTV
5-Day Price Return	-3.67%	0.50%
13-Week Price Return	35.96%	-33.85%
26-Week Price Return	19.79%	-41.18%
52-Week Price Return	49.36%	-31.92%
Month-to-Date Return	6.70%	0.23%
Year-to-Date Return	18.95%	-35.95%
10-Day Avg. Volume	8.29M	4.68M
3-Month Avg. Volume	9.86M	3.81M
3-Month Volatility	53.44%	54.38%
Beta	1.48	1.09

Profitability

Return on Equity (TTM)

ANET

32.30%

Communications Equipment Industry

Max: 32.05%
Q3: 19.58%
Median: 11.77%
Q1: 2.23%
Min: -11.93%

ANET’s Return on Equity of 32.30% is exceptionally high, placing it well beyond the typical range for the Communications Equipment industry. This demonstrates a superior ability to generate profit from shareholder investments, though it could also be inflated by high financial leverage.

FTV

7.44%

Machinery Industry

Max: 34.68%
Q3: 19.06%
Median: 13.13%
Q1: 8.53%
Min: -4.87%

FTV’s Return on Equity of 7.44% is in the lower quartile for the Machinery industry. This indicates a less efficient generation of profit from its equity base when compared to its competitors.

ANET vs. FTV: A comparison of their Return on Equity (TTM) against their respective Communications Equipment and Machinery industry benchmarks.

Net Profit Margin (TTM)

ANET

40.89%

Communications Equipment Industry

Max: 23.65%
Q3: 14.32%
Median: 5.31%
Q1: 1.45%
Min: -12.72%

ANET’s Net Profit Margin of 40.89% is exceptionally high, placing it well beyond the typical range for the Communications Equipment industry. This demonstrates outstanding operational efficiency and a strong competitive advantage in converting revenue into profit.

FTV

12.51%

Machinery Industry

Max: 19.74%
Q3: 11.24%
Median: 8.13%
Q1: 5.38%
Min: -1.11%

A Net Profit Margin of 12.51% places FTV in the upper quartile for the Machinery industry, signifying strong profitability and more effective cost management than most of its peers.

ANET vs. FTV: A comparison of their Net Profit Margin (TTM) against their respective Communications Equipment and Machinery industry benchmarks.

Operating Profit Margin (TTM)

ANET

43.14%

Communications Equipment Industry

Max: 42.27%
Q3: 18.90%
Median: 6.21%
Q1: 2.97%
Min: -20.72%

ANET’s Operating Profit Margin of 43.14% is exceptionally high, placing it well above the typical range for the Communications Equipment industry. This demonstrates outstanding efficiency in managing its core operations, which can be a result of strong pricing power or superior cost control.

FTV

17.22%

Machinery Industry

Max: 26.63%
Q3: 16.15%
Median: 11.27%
Q1: 7.72%
Min: -4.91%

An Operating Profit Margin of 17.22% places FTV in the upper quartile for the Machinery industry. This signals a strong ability to translate revenue into operating profit, outperforming most of its competitors in core business efficiency.

ANET vs. FTV: A comparison of their Operating Profit Margin (TTM) against their respective Communications Equipment and Machinery industry benchmarks.

Profitability at a Glance

Symbol	ANET	FTV
Return on Equity (TTM)	32.30%	7.44%
Return on Assets (TTM)	22.45%	4.40%
Net Profit Margin (TTM)	40.89%	12.51%
Operating Profit Margin (TTM)	43.14%	17.22%
Gross Profit Margin (TTM)	64.24%	59.78%

Financial Strength

Current Ratio (MRQ)

ANET

3.33

Communications Equipment Industry

Max: 1.72
Q3: 1.72
Median: 1.46
Q1: 1.18
Min: 0.93

ANET’s Current Ratio of 3.33 is exceptionally high, placing it well outside the typical range for the Communications Equipment industry. This indicates a very strong liquidity position, though such a high ratio may also suggest that the company is not using its assets efficiently to generate profits.

FTV

0.98

Machinery Industry

Max: 3.83
Q3: 2.32
Median: 1.72
Q1: 1.28
Min: 0.78

FTV’s Current Ratio of 0.98 falls into the lower quartile for the Machinery industry. This indicates a tighter liquidity situation and a more constrained capacity to handle short-term debt than many of its competitors.

ANET vs. FTV: A comparison of their Current Ratio (MRQ) against their respective Communications Equipment and Machinery industry benchmarks.

Debt-to-Equity Ratio (MRQ)

ANET

0.00

Communications Equipment Industry

Max: 1.55
Q3: 0.92
Median: 0.55
Q1: 0.30
Min: 0.00

Falling into the lower quartile for the Communications Equipment industry, ANET’s Debt-to-Equity Ratio of 0.00 points to a conservative financing strategy. This results in lower financial risk but potentially limits strategic investments compared to more leveraged competitors.

FTV

0.46

Machinery Industry

Max: 1.49
Q3: 0.75
Median: 0.44
Q1: 0.26
Min: 0.00

FTV’s Debt-to-Equity Ratio of 0.46 is typical for the Machinery industry, indicating its use of leverage is in line with the sector norm. This suggests a balanced approach to its capital structure.

ANET vs. FTV: A comparison of their Debt-to-Equity Ratio (MRQ) against their respective Communications Equipment and Machinery industry benchmarks.

Interest Coverage Ratio (TTM)

ANET

171.78

Communications Equipment Industry

Max: 181.73
Q3: 113.63
Median: 7.59
Q1: 3.82
Min: -5.39

ANET’s Interest Coverage Ratio of 171.78 is in the upper quartile for the Communications Equipment industry, signifying a strong and healthy capacity to meet its interest payments from operating profits.

FTV

6.04

Machinery Industry

Max: 67.55
Q3: 33.79
Median: 13.87
Q1: 7.97
Min: -1.43

In the lower quartile for the Machinery industry, FTV’s Interest Coverage Ratio of 6.04 indicates a tighter cushion for servicing debt, suggesting less financial flexibility than many of its competitors.

ANET vs. FTV: A comparison of their Interest Coverage Ratio (TTM) against their respective Communications Equipment and Machinery industry benchmarks.

Financial Strength at a Glance

Symbol	ANET	FTV
Current Ratio (MRQ)	3.33	0.98
Quick Ratio (MRQ)	2.58	0.77
Debt-to-Equity Ratio (MRQ)	0.00	0.46
Interest Coverage Ratio (TTM)	171.78	6.04

Growth

Revenue Growth

ANET vs. FTV: A side-by-side comparison of their Revenue Growth for the MRQ (YoY), TTM (YoY), 3-Year CAGR, and 5-Year CAGR periods.

EPS Growth

ANET vs. FTV: A side-by-side comparison of their EPS Growth for the MRQ (YoY), TTM (YoY), 3-Year CAGR, and 5-Year CAGR periods.

Dividend

Dividend Yield (TTM)

ANET

0.00%

Communications Equipment Industry

Max: 3.88%
Q3: 2.75%
Median: 0.93%
Q1: 0.00%
Min: 0.00%

ANET currently does not pay a dividend, resulting in a yield of 0%. This is a common strategy for growth-focused companies that prioritize reinvesting earnings, though it may be less typical in mature, income-oriented sectors.

FTV

0.67%

Machinery Industry

Max: 5.32%
Q3: 2.84%
Median: 1.87%
Q1: 1.09%
Min: 0.00%

FTV’s Dividend Yield of 0.67% is in the lower quartile for the Machinery industry. This suggests the company’s strategy likely favors retaining earnings for growth over providing a high dividend income.

ANET vs. FTV: A comparison of their Dividend Yield (TTM) against their respective Communications Equipment and Machinery industry benchmarks.

Dividend Payout Ratio (TTM)

ANET

0.00%

Communications Equipment Industry

Max: 111.16%
Q3: 55.91%
Median: 28.42%
Q1: 0.00%
Min: 0.00%

ANET has a Dividend Payout Ratio of 0%, indicating it does not currently pay a dividend. This is a common strategy for growth-oriented companies that reinvest all profits back into the business.

FTV

14.22%

Machinery Industry

Max: 202.17%
Q3: 98.65%
Median: 55.54%
Q1: 29.03%
Min: 0.00%

FTV’s Dividend Payout Ratio of 14.22% is in the lower quartile for the Machinery industry. This suggests a conservative dividend policy, with a strategic focus on reinvesting profits for future growth.

ANET vs. FTV: A comparison of their Dividend Payout Ratio (TTM) against their respective Communications Equipment and Machinery industry benchmarks.

Dividend at a Glance

Symbol	ANET	FTV
Dividend Yield (TTM)	0.00%	0.67%
Dividend Payout Ratio (TTM)	0.00%	14.22%

Valuation

Price-to-Earnings Ratio (TTM)

ANET

51.33

Communications Equipment Industry

Max: 57.30
Q3: 47.92
Median: 27.50
Q1: 17.89
Min: 13.89

A P/E Ratio of 51.33 places ANET in the upper quartile for the Communications Equipment industry. This high valuation relative to peers suggests the market holds elevated expectations for the company’s future growth.

FTV

21.25

Machinery Industry

Max: 53.66
Q3: 31.29
Median: 22.00
Q1: 16.18
Min: 7.00

FTV’s P/E Ratio of 21.25 is within the middle range for the Machinery industry. This suggests its valuation is in line with the sector average, representing neither a significant premium nor a discount compared to its peers.

ANET vs. FTV: A comparison of their Price-to-Earnings Ratio (TTM) against their respective Communications Equipment and Machinery industry benchmarks.

Price-to-Sales Ratio (TTM)

ANET

20.99

Communications Equipment Industry

Max: 11.03
Q3: 5.53
Median: 2.20
Q1: 0.99
Min: 0.40

With a P/S Ratio of 20.99, ANET trades at a valuation that eclipses even the highest in the Communications Equipment industry. This implies the market has priced in exceptionally optimistic scenarios for future revenue growth, posing considerable valuation risk.

FTV

2.66

Machinery Industry

Max: 5.04
Q3: 2.72
Median: 1.67
Q1: 1.04
Min: 0.24

FTV’s P/S Ratio of 2.66 aligns with the market consensus for the Machinery industry. This suggests its valuation, based on sales, is seen as standard and is on par with its competitors.

ANET vs. FTV: A comparison of their Price-to-Sales Ratio (TTM) against their respective Communications Equipment and Machinery industry benchmarks.

Price-to-Book Ratio (MRQ)

ANET

11.79

Communications Equipment Industry

Max: 9.66
Q3: 5.60
Median: 3.73
Q1: 2.67
Min: 0.30

At 11.79, ANET’s P/B Ratio is at an extreme premium to the Communications Equipment industry. This signifies that the market’s valuation is heavily reliant on future potential rather than its current net asset value, which can be a high-risk proposition.

FTV

2.34

Machinery Industry

Max: 7.23
Q3: 3.90
Median: 2.52
Q1: 1.47
Min: 0.49

FTV’s P/B Ratio of 2.34 is within the conventional range for the Machinery industry. This shows a balanced market view, where the stock’s price is neither at a significant premium nor a discount to the book value of its peers.

ANET vs. FTV: A comparison of their Price-to-Book Ratio (MRQ) against their respective Communications Equipment and Machinery industry benchmarks.

Valuation at a Glance

Symbol	ANET	FTV
Price-to-Earnings Ratio (TTM)	51.33	21.25
Price-to-Sales Ratio (TTM)	20.99	2.66
Price-to-Book Ratio (MRQ)	11.79	2.34
Price-to-Free Cash Flow Ratio (TTM)	41.98	11.79