ANET vs. MU: Arista Networks vs. Micron Stock Comparison

November 11, 2026

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

Company profile comparison for Arista Networks (ANET) and Micron (MU)
Profile Item	ANET	MU
Name	Arista Networks Inc.	Micron Technology 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	780.68 billion USD
Currency	USD	USD
Exchange	NYSE	Nasdaq
Listing Date	June 6, 2014	June 1, 1984
Security Type	Common Stock	Common Stock

Price Performance

Cumulative Growth

ANET

GSPC

Arista Networks (ANET) vs. Micron (MU), 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 Micron (MU). Returns over one year are annualized.

Calendar-Year Returns

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

Performance Metrics

Price performance metrics for Arista Networks (ANET) and Micron (MU)
Metric	ANET	MU
Total Return (1Y)	38.40%	208.53%
Total Return (3Y, Annualized)	52.15%	115.89%
Total Return (5Y, Annualized)	41.19%	58.28%

Risk Profile

Drawdown History

ANET

GSPC

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

Risk Metrics

Risk profile metrics for Arista Networks (ANET) and Micron (MU)
Metric	ANET	MU
Volatility (1Y, Annualized)	56.66%	83.85%
Beta (5Y)	1.60	2.44
Max Drawdown (5Y)	-50.42%	-57.63%
Avg. Volume (3M)	6.09M	27.63M

Risk-Adjusted Performance

Risk-Return Positioning

ANET and MU 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 Micron (MU)
Metric	ANET	MU
Sharpe Ratio (1Y)	0.60	2.44
Sortino Ratio (1Y)	0.87	3.87

Profitability

ROE (TTM)

Both companies show strong equity returns, but Micron (MU) at 88.26% is the standout with ROE above its industry range; Arista Networks (ANET) at 33.52% also sits in the top quartile.

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%

MU

Semiconductors & Semiconductor Equipment industry group

88.26%

MU: 88.26%
Max: 52.82%
Q3: 22.26%
Median: 10.58%
Q1: 1.29%
Min: -16.89%

Arista Networks (ANET) vs. Micron (MU): 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 Micron (MU) at 63.80% 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%

MU

Semiconductors & Semiconductor Equipment industry group

63.80%

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

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

Operating Margin (TTM)

Before financing and tax, both Arista Networks (ANET) at 44.90% and Micron (MU) at 80.68% run unusually efficient core operations — each operating margin clears its industry’s benchmark range.

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%

MU

Semiconductors & Semiconductor Equipment industry group

80.68%

MU: 80.68%
Max: 58.66%
Q3: 30.23%
Median: 15.91%
Q1: 7.54%
Min: -25.74%

Arista Networks (ANET) vs. Micron (MU): 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 Micron (MU)
Metric	ANET	MU
ROE (TTM)	33.52%	88.26%
ROA (TTM)	15.04%	44.56%
Net Margin (TTM)	39.97%	63.80%
Operating Margin (TTM)	44.90%	80.68%
Gross Margin (TTM)	62.88%	80.72%

Growth

Revenue Growth

Both companies are growing quickly, but Micron (MU) at 256.33% 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. Micron (MU): A comparison of their Revenue Growth across different time periods.

EPS Growth

Micron (MU) at 879.31% 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. Micron (MU): A comparison of their EPS Growth across different time periods.

Growth Metrics

Growth metrics for Arista Networks (ANET) and Micron (MU)
Metric	ANET	MU
Revenue Growth (YoY)	28.60%	256.33%
Revenue Growth (3Y CAGR)	27.15%	104.65%
EPS Growth (YoY)	23.32%	879.31%
EPS Growth (3Y CAGR)	37.08%	--

Financial Strength

Current Ratio (MRQ)

Micron (MU) at 3.31 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

MU

Semiconductors & Semiconductor Equipment industry group

3.31

Max: 10.33
Q3: 5.62
Median: 3.33
MU: 3.31
Q1: 2.35
Min: 1.03

Arista Networks (ANET) vs. Micron (MU): 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: Micron (MU) carries debt-to-equity ratio of 0.04 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: --

MU

Semiconductors & Semiconductor Equipment industry group

0.04

Max: 1.46
Q3: 0.65
Median: 0.27
Q1: 0.04
MU: 0.04
Min: 0.00

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

Financial Strength Metrics

Financial strength metrics for Arista Networks (ANET) and Micron (MU)
Metric	ANET	MU
Current Ratio (MRQ)	3.29	3.31
Debt / Equity (MRQ)	--	0.04
Net Debt / EBITDA	-2.71	-0.35

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 Micron (MU) reports a yield of 0.09%, 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%

MU

Semiconductors & Semiconductor Equipment industry group

0.09%

Max: 1.37%
Q3: 0.65%
MU: 0.09%
Median: 0.00%
Q1: 0.00%
Min: 0.00%

Arista Networks (ANET) vs. Micron (MU): 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 Micron (MU) reports a payout of 0.71%, 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%

MU

Semiconductors & Semiconductor Equipment industry group

0.71%

Max: 49.64%
Q3: 21.71%
MU: 0.71%
Median: 0.00%
Q1: 0.00%
Min: 0.00%

Arista Networks (ANET) vs. Micron (MU): 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 Micron (MU)
Metric	ANET	MU
Dividend Yield (TTM)	0.00%	0.09%
Dividend Payout Ratio (TTM)	0.00%	0.71%

Valuation

P/E Ratio (TTM)

Micron (MU) at 9.28 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

MU

Semiconductors & Semiconductor Equipment industry group

9.28

Max: 110.34
Q3: 66.81
Median: 37.02
Q1: 23.96
MU: 9.28
Min: 8.12

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

P/S Ratio (TTM)

Micron (MU) at 5.86 prices around its industry’s typical P/S ratio, while Arista Networks (ANET) at 18.15 clears its benchmark range — ANET looks notably rich on sales.

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

MU

Semiconductors & Semiconductor Equipment industry group

5.86

Max: 21.42
Q3: 12.27
MU: 5.86
Median: 5.76
Q1: 2.73
Min: 0.00

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

P/B Ratio (MRQ)

Micron (MU) at 5.64 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

MU

Semiconductors & Semiconductor Equipment industry group

5.64

Max: 14.06
Q3: 7.44
MU: 5.64
Median: 4.29
Q1: 2.30
Min: 0.20

Arista Networks (ANET) vs. Micron (MU): 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 Micron (MU)
Metric	ANET	MU
P/E Ratio (TTM)	45.79	9.28
P/S Ratio (TTM)	18.15	5.86
P/B Ratio (MRQ)	13.12	5.64
Free Cash Flow Yield (TTM)	1.39%	3.73%