ANET vs. NVDA: Arista Networks vs. NVIDIA Stock Comparison

November 11, 2026

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

Company profile comparison for Arista Networks (ANET) and NVIDIA (NVDA)
Profile Item	ANET	NVDA
Name	Arista Networks Inc.	NVIDIA Corporation
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	4,506.80 billion USD
Currency	USD	USD
Exchange	NYSE	Nasdaq
Listing Date	June 6, 2014	January 22, 1999
Security Type	Common Stock	Common Stock

Price Performance

Cumulative Growth

ANET

NVDA

GSPC

Arista Networks (ANET) vs. NVIDIA (NVDA), 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 NVIDIA (NVDA). Returns over one year are annualized.

Calendar-Year Returns

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

Performance Metrics

Price performance metrics for Arista Networks (ANET) and NVIDIA (NVDA)
Metric	ANET	NVDA
Total Return (1Y)	38.40%	-5.54%
Total Return (3Y, Annualized)	52.15%	55.88%
Total Return (5Y, Annualized)	41.19%	42.17%

Risk Profile

Drawdown History

ANET

NVDA

GSPC

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

Risk Metrics

Risk profile metrics for Arista Networks (ANET) and NVIDIA (NVDA)
Metric	ANET	NVDA
Volatility (1Y, Annualized)	56.66%	38.31%
Beta (5Y)	1.60	2.28
Max Drawdown (5Y)	-50.42%	-66.34%
Avg. Volume (3M)	6.09M	120.20M

Risk-Adjusted Performance

Risk-Return Positioning

ANET and NVDA 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 NVIDIA (NVDA)
Metric	ANET	NVDA
Sharpe Ratio (1Y)	0.60	-0.26
Sortino Ratio (1Y)	0.87	-0.36

Profitability

ROE (TTM)

Both companies show strong equity returns, but NVIDIA (NVDA) at 117.21% 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%

NVDA

Semiconductors & Semiconductor Equipment industry group

117.21%

NVDA: 117.21%
Max: 52.82%
Q3: 22.26%
Median: 10.58%
Q1: 1.29%
Min: -16.89%

Arista Networks (ANET) vs. NVIDIA (NVDA): 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 NVIDIA (NVDA) at 63.66% 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%

NVDA

Semiconductors & Semiconductor Equipment industry group

63.66%

Max: 63.80%
NVDA: 63.66%
Q3: 28.36%
Median: 11.44%
Q1: 0.90%
Min: -37.77%

Arista Networks (ANET) vs. NVIDIA (NVDA): 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 NVIDIA (NVDA) at 66.24% 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%

NVDA

Semiconductors & Semiconductor Equipment industry group

66.24%

NVDA: 66.24%
Max: 58.66%
Q3: 30.23%
Median: 15.91%
Q1: 7.54%
Min: -25.74%

Arista Networks (ANET) vs. NVIDIA (NVDA): 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 NVIDIA (NVDA)
Metric	ANET	NVDA
ROE (TTM)	33.52%	117.21%
ROA (TTM)	15.04%	53.57%
Net Margin (TTM)	39.97%	63.66%
Operating Margin (TTM)	44.90%	66.24%
Gross Margin (TTM)	62.88%	74.67%

Growth

Revenue Growth

Both companies are growing quickly, but NVIDIA (NVDA) at 65.47% 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. NVIDIA (NVDA): A comparison of their Revenue Growth across different time periods.

EPS Growth

NVIDIA (NVDA) at 66.67% sits in the top EPS growth quartile, while Arista Networks (ANET) at 23.32% is closer to the peer norm — faster per-share earnings growth for NVDA.

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

Growth Metrics

Growth metrics for Arista Networks (ANET) and NVIDIA (NVDA)
Metric	ANET	NVDA
Revenue Growth (YoY)	28.60%	65.47%
Revenue Growth (3Y CAGR)	27.15%	100.05%
EPS Growth (YoY)	23.32%	66.67%
EPS Growth (3Y CAGR)	37.08%	204.24%

Financial Strength

Current Ratio (MRQ)

NVIDIA (NVDA) at 4.59 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

NVDA

Semiconductors & Semiconductor Equipment industry group

4.59

Max: 10.33
Q3: 5.62
NVDA: 4.59
Median: 3.33
Q1: 2.35
Min: 1.03

Arista Networks (ANET) vs. NVIDIA (NVDA): 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: NVIDIA (NVDA) carries debt-to-equity ratio of 0.17 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: --

NVDA

Semiconductors & Semiconductor Equipment industry group

0.17

Max: 1.46
Q3: 0.65
Median: 0.27
NVDA: 0.17
Q1: 0.04
Min: 0.00

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

Financial Strength Metrics

Financial strength metrics for Arista Networks (ANET) and NVIDIA (NVDA)
Metric	ANET	NVDA
Current Ratio (MRQ)	3.29	4.59
Debt / Equity (MRQ)	--	0.17
Net Debt / EBITDA	-2.71	-0.12

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 NVIDIA (NVDA) reports a yield of 0.15%, 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%

NVDA

Semiconductors & Semiconductor Equipment industry group

0.15%

Max: 1.37%
Q3: 0.65%
NVDA: 0.15%
Median: 0.00%
Q1: 0.00%
Min: 0.00%

Arista Networks (ANET) vs. NVIDIA (NVDA): 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 NVIDIA (NVDA) reports a payout of 3.54%, 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%

NVDA

Semiconductors & Semiconductor Equipment industry group

3.54%

Max: 49.64%
Q3: 21.71%
NVDA: 3.54%
Median: 0.00%
Q1: 0.00%
Min: 0.00%

Arista Networks (ANET) vs. NVIDIA (NVDA): 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 NVIDIA (NVDA)
Metric	ANET	NVDA
Dividend Yield (TTM)	0.00%	0.15%
Dividend Payout Ratio (TTM)	0.00%	3.54%

Valuation

P/E Ratio (TTM)

NVIDIA (NVDA) at 23.60 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

NVDA

Semiconductors & Semiconductor Equipment industry group

23.60

Max: 110.34
Q3: 66.81
Median: 37.02
Q1: 23.96
NVDA: 23.60
Min: 8.12

Arista Networks (ANET) vs. NVIDIA (NVDA): 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: NVIDIA (NVDA) at 14.88 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

NVDA

Semiconductors & Semiconductor Equipment industry group

14.88

Max: 21.42
NVDA: 14.88
Q3: 12.27
Median: 5.76
Q1: 2.73
Min: 0.00

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

P/B Ratio (MRQ)

Measured against book value, both Arista Networks (ANET) at 13.12 and NVIDIA (NVDA) at 19.68 look expensive — each P/B ratio sits above its industry’s benchmark 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

NVDA

Semiconductors & Semiconductor Equipment industry group

19.68

NVDA: 19.68
Max: 14.06
Q3: 7.44
Median: 4.29
Q1: 2.30
Min: 0.20

Arista Networks (ANET) vs. NVIDIA (NVDA): 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 NVIDIA (NVDA)
Metric	ANET	NVDA
P/E Ratio (TTM)	45.79	23.60
P/S Ratio (TTM)	18.15	14.88
P/B Ratio (MRQ)	13.12	19.68
Free Cash Flow Yield (TTM)	1.39%	0.93%