Seek Returns

ANET vs. IONQ: Arista Networks vs. IonQ Stock Comparison

How do Arista Networks (ANET) and IonQ (IONQ) 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 IonQ (IONQ) both fall under the Technology Hardware & Equipment industry group, but ANET is classified in Communications Equipment while IONQ is classified in Technology Hardware, Storage & Peripherals.

Company profile comparison for Arista Networks (ANET) and IonQ (IONQ)
Profile ItemANETIONQ
NameArista Networks Inc.IonQ, Inc.
Country/RegionUnited StatesUnited States
GICS SectorInformation TechnologyInformation Technology
GICS Industry GroupTechnology Hardware & EquipmentTechnology Hardware & Equipment
GICS IndustryCommunications EquipmentTechnology Hardware, Storage & Peripherals
GICS Sub-IndustryCommunications EquipmentTechnology Hardware, Storage & Peripherals
Market Capitalization215.79 billion USD15.16 billion USD
CurrencyUSDUSD
ExchangeNYSENYSE
Listing DateJune 6, 2014January 4, 2021
Security TypeCommon StockCommon Stock

Price Performance

Cumulative Growth

ANET
IONQ
GSPC
Loading price history…
Arista Networks (ANET) vs. IonQ (IONQ), 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

Loading price history…
Trailing total returns for Arista Networks (ANET) and IonQ (IONQ). Returns over one year are annualized.

Calendar-Year Returns

Loading price history…
Calendar-year total returns for Arista Networks (ANET) and IonQ (IONQ). Each bar is that year's total return, measured year-end to year-end.

Performance Metrics

Price performance metrics for Arista Networks (ANET) and IonQ (IONQ)
MetricANETIONQ
Total Return (1Y)38.40%-40.10%
Total Return (3Y, Annualized)52.15%46.76%
Total Return (5Y, Annualized)41.19%9.52%

Risk Profile

Drawdown History

ANET
IONQ
GSPC
Loading price history…
Arista Networks (ANET) vs. IonQ (IONQ), 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

Loading price history…
Distribution of monthly total returns for Arista Networks (ANET) and IonQ (IONQ). Each bar is the share of months whose return fell in that 5% bucket.

Risk Metrics

Risk profile metrics for Arista Networks (ANET) and IonQ (IONQ)
MetricANETIONQ
Volatility (1Y, Annualized)56.66%94.72%
Beta (5Y)1.603.33
Max Drawdown (5Y)-50.42%-90.00%
Avg. Volume (3M)6.09M22.02M

Risk-Adjusted Performance

Risk-Return Positioning

Loading chart…
ANET and IONQ 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 IonQ (IONQ)
MetricANETIONQ
Sharpe Ratio (1Y)0.60-0.47
Sortino Ratio (1Y)0.87-0.74

Profitability

ROE (TTM)

Arista Networks (ANET) at 33.52% sits in the top ROE quartile, while IonQ (IONQ) at 6.90% is closer to the peer norm — stronger capital efficiency for ANET.

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%

IONQ

Technology Hardware & Equipment industry group

6.90%

Max
42.47%
Q3
19.13%
Median
11.00%
IONQ
6.90%
Q1
1.63%
Min
-20.62%
Loading chart…
Arista Networks (ANET) vs. IonQ (IONQ): A comparison of their ROE against the Technology Hardware & Equipment industry group benchmark.

Net Margin (TTM)

Both Arista Networks (ANET) at 39.97% and IonQ (IONQ) at 67.09% keep an unusually large share of revenue as bottom-line profit — each net margin clears its industry’s benchmark range.

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%

IONQ

Technology Hardware & Equipment industry group

67.09%

IONQ
67.09%
Max
27.60%
Q3
11.66%
Median
4.08%
Q1
0.00%
Min
-11.02%
Loading chart…
Arista Networks (ANET) vs. IonQ (IONQ): A comparison of their net margin against the Technology Hardware & Equipment industry group benchmark.

Operating Margin (TTM)

IonQ (IONQ) reports a negative operating margin of -249.14%, usually indicating that operating costs exceeded revenue at the operating-income line. Meanwhile Arista Networks (ANET) reports 44.90%, ranking against industry peers normally.

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%

IONQ

Technology Hardware & Equipment industry group

-249.14%

Max
36.27%
Q3
18.36%
Median
8.84%
Q1
1.46%
Min
-21.39%
IONQ
-249.14%
Loading chart…
Arista Networks (ANET) vs. IonQ (IONQ): A comparison of their operating margin against the Technology Hardware & Equipment industry group benchmark.

Profitability Metrics

Profitability metrics for Arista Networks (ANET) and IonQ (IONQ)
MetricANETIONQ
ROE (TTM)33.52%6.90%
ROA (TTM)15.04%-12.60%
Net Margin (TTM)39.97%67.09%
Operating Margin (TTM)44.90%-249.14%
Gross Margin (TTM)62.88%24.67%

Growth

Revenue Growth

Both companies are growing quickly, but IonQ (IONQ) at 201.85% is the standout with revenue growth above its industry range; Arista Networks (ANET) at 28.60% also sits in the top quartile.

Loading chart…
Arista Networks (ANET) vs. IonQ (IONQ): A comparison of their Revenue Growth across different time periods.

EPS Growth

Only one side can be read here: Arista Networks (ANET) reports EPS growth of 23.32%, ranked against its industry; IonQ (IONQ) has no EPS growth figure this period.

Loading chart…
Arista Networks (ANET) vs. IonQ (IONQ): A comparison of their EPS Growth across different time periods.

Growth Metrics

Growth metrics for Arista Networks (ANET) and IonQ (IONQ)
MetricANETIONQ
Revenue Growth (YoY)28.60%201.85%
Revenue Growth (3Y CAGR)27.15%126.89%
EPS Growth (YoY)23.32%--
EPS Growth (3Y CAGR)37.08%--

Financial Strength

Current Ratio (MRQ)

Both Arista Networks (ANET) at 3.29 and IonQ (IONQ) at 4.24 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

IONQ

Technology Hardware & Equipment industry group

4.24

Max
5.34
IONQ
4.24
Q3
3.02
Median
1.95
Q1
1.32
Min
0.17
Loading chart…
Arista Networks (ANET) vs. IonQ (IONQ): 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: IonQ (IONQ) 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
--

IONQ

Technology Hardware & Equipment industry group

0.01

Max
1.76
Q3
0.78
Median
0.24
Q1
0.04
IONQ
0.01
Min
0.01
Loading chart…
Arista Networks (ANET) vs. IonQ (IONQ): ANET does not report debt-to-equity ratio, so it has no value marker; IONQ is benchmarked against the Technology Hardware & Equipment industry group.

Financial Strength Metrics

Financial strength metrics for Arista Networks (ANET) and IonQ (IONQ)
MetricANETIONQ
Current Ratio (MRQ)3.294.24
Debt / Equity (MRQ)--0.01
Net Debt / EBITDA-2.71--

Dividends

Dividend Yield (TTM)

Neither Arista Networks (ANET) nor IonQ (IONQ) 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%

IONQ

Technology Hardware & Equipment industry group

0.00%

Max
0.73%
Q3
0.31%
IONQ
0.00%
Median
0.00%
Q1
0.00%
Min
0.00%
Loading chart…
Arista Networks (ANET) vs. IonQ (IONQ): A comparison of their dividend yield against the Technology Hardware & Equipment industry group benchmark.

Dividend Payout Ratio (TTM)

Neither Arista Networks (ANET) nor IonQ (IONQ) 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%

IONQ

Technology Hardware & Equipment industry group

0.00%

Max
32.27%
Q3
14.48%
IONQ
0.00%
Median
0.00%
Q1
0.00%
Min
0.00%
Loading chart…
Arista Networks (ANET) vs. IonQ (IONQ): A comparison of their payout ratio against the Technology Hardware & Equipment industry group benchmark.

Dividend Metrics

Dividend metrics for Arista Networks (ANET) and IonQ (IONQ)
MetricANETIONQ
Dividend Yield (TTM)0.00%0.00%
Dividend Payout Ratio (TTM)0.00%0.00%

Valuation

P/E Ratio (TTM)

IonQ (IONQ) at 18.86 sits in the cheaper P/E ratio quartile, while Arista Networks (ANET) at 45.79 sits in the richer quartile — a clear split in what investors pay for each dollar of trailing earnings.

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

IONQ

Technology Hardware & Equipment industry group

18.86

Max
69.48
Q3
41.02
Median
26.39
Q1
19.36
IONQ
18.86
Min
6.07
Loading chart…
Arista Networks (ANET) vs. IonQ (IONQ): A comparison of their P/E ratio against the Technology Hardware & Equipment industry group benchmark.

P/S Ratio (TTM)

Investors are paying well above the peer range per dollar of sales for both Arista Networks (ANET) at 18.15 and IonQ (IONQ) at 39.84 — each P/S ratio clears its industry’s benchmark 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

IONQ

Technology Hardware & Equipment industry group

39.84

IONQ
39.84
Max
11.30
Q3
5.82
Median
2.56
Q1
1.05
Min
0.00
Loading chart…
Arista Networks (ANET) vs. IonQ (IONQ): A comparison of their P/S ratio against the Technology Hardware & Equipment industry group benchmark.

P/B Ratio (MRQ)

IonQ (IONQ) at 2.67 sits near its industry’s typical P/B ratio, while Arista Networks (ANET) at 13.12 prices above its benchmark range — ANET looks rich relative to book.

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

IONQ

Technology Hardware & Equipment industry group

2.67

Max
10.75
Q3
5.52
Median
3.17
IONQ
2.67
Q1
1.79
Min
0.33
Loading chart…
Arista Networks (ANET) vs. IonQ (IONQ): A comparison of their P/B ratio against the Technology Hardware & Equipment industry group benchmark.

Valuation Metrics

Valuation metrics for Arista Networks (ANET) and IonQ (IONQ)
MetricANETIONQ
P/E Ratio (TTM)45.7918.86
P/S Ratio (TTM)18.1539.84
P/B Ratio (MRQ)13.122.67
Free Cash Flow Yield (TTM)1.39%-2.81%