ANET vs. SKHY: Arista Networks vs. SK hynix Stock Comparison
How do Arista Networks (ANET) and SK hynix (SKHY) 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 SK hynix (SKHY) share the Information Technology sector but sit in different industry groups — ANET in Technology Hardware & Equipment and SKHY in Semiconductors & Semiconductor Equipment.
Arista Networks (ANET) has been public since June 6, 2014 with a meaningfully longer listed history, while SK hynix (SKHY) only listed on July 10, 2026 — long-window metrics on the SKHY side should be interpreted with caution.
Arista Networks (ANET) trades as ordinary local shares, while SK hynix (SKHY) trades as an ADR — compare with FX exposure, depositary-program fees, and dividend-withholding-tax differences in mind.
| Profile Item | ANET | SKHY |
|---|---|---|
| Name | Arista Networks Inc. | SK hynix Inc. |
| Country/Region | United States | South Korea |
| 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 | 897.97 billion USD |
| Currency | USD | USD |
| Exchange | NYSE | Nasdaq |
| Listing Date | June 6, 2014 | July 10, 2026 |
| Security Type | Common Stock | ADR |
Price Performance
Cumulative Growth
Trailing Returns
Calendar-Year Returns
Performance Metrics
| Metric | ANET | SKHY |
|---|---|---|
| Total Return (1Y) | 38.40% | -- |
| Total Return (3Y, Annualized) | 52.15% | -- |
| Total Return (5Y, Annualized) | 41.19% | -- |
Risk Profile
Drawdown History
Return Distribution
Risk Metrics
| Metric | ANET | SKHY |
|---|---|---|
| Volatility (1Y, Annualized) | 56.66% | 101.44% |
| Beta (5Y) | 1.60 | 5.36 |
| Max Drawdown (5Y) | -50.42% | -37.62% |
| Avg. Volume (3M) | 6.09M | 20.78M |
Risk-Adjusted Performance
Risk-Return Positioning
Both ANET and SKHY need 1-year volatility and 1-year return to plot risk-return positioning.
Risk-Adjusted Metrics
| Metric | ANET | SKHY |
|---|---|---|
| Sharpe Ratio (1Y) | 0.60 | -- |
| Sortino Ratio (1Y) | 0.87 | -- |
Profitability
ROE (TTM)
Both companies show strong equity returns, but SK hynix (SKHY) at 92.54% 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%
SKHY
Semiconductors & Semiconductor Equipment industry group
92.54%
- SKHY
- 92.54%
- Max
- 52.82%
- Q3
- 22.26%
- Median
- 10.58%
- Q1
- 1.29%
- Min
- -16.89%
Net Margin (TTM)
Both Arista Networks (ANET) at 39.97% and SK hynix (SKHY) at 70.27% 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%
SKHY
Semiconductors & Semiconductor Equipment industry group
70.27%
- SKHY
- 70.27%
- Max
- 63.80%
- Q3
- 28.36%
- Median
- 11.44%
- Q1
- 0.90%
- Min
- -37.77%
Operating Margin (TTM)
Before financing and tax, both Arista Networks (ANET) at 44.90% and SK hynix (SKHY) at 79.66% 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%
SKHY
Semiconductors & Semiconductor Equipment industry group
79.66%
- SKHY
- 79.66%
- Max
- 58.66%
- Q3
- 30.23%
- Median
- 15.91%
- Q1
- 7.54%
- Min
- -25.74%
Profitability Metrics
| Metric | ANET | SKHY |
|---|---|---|
| ROE (TTM) | 33.52% | 92.54% |
| ROA (TTM) | 15.04% | 46.43% |
| Net Margin (TTM) | 39.97% | 70.27% |
| Operating Margin (TTM) | 44.90% | 79.66% |
| Gross Margin (TTM) | 62.88% | 77.38% |
Growth
Revenue Growth
Both Arista Networks (ANET) at 28.60% and SK hynix (SKHY) at 46.76% sit in the top peer quartile for revenue growth, so each is growing its top line faster than typical industry peers.
EPS Growth
SK hynix (SKHY) at 112.46% 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 SKHY.
Growth Metrics
| Metric | ANET | SKHY |
|---|---|---|
| Revenue Growth (YoY) | 28.60% | 46.76% |
| Revenue Growth (3Y CAGR) | 27.15% | 29.61% |
| EPS Growth (YoY) | 23.32% | 112.46% |
| EPS Growth (3Y CAGR) | 37.08% | 165.07% |
Financial Strength
Current Ratio (MRQ)
Both Arista Networks (ANET) at 3.29 and SK hynix (SKHY) at 26.88 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
SKHY
Semiconductors & Semiconductor Equipment industry group
26.88
- SKHY
- 26.88
- Max
- 10.33
- Q3
- 5.62
- Median
- 3.33
- Q1
- 2.35
- Min
- 1.03
Debt / Equity (MRQ)
Only one side’s leverage can be read here: SK hynix (SKHY) carries debt-to-equity ratio of 0.05 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
- --
SKHY
Semiconductors & Semiconductor Equipment industry group
0.05
- Max
- 1.46
- Q3
- 0.65
- Median
- 0.27
- SKHY
- 0.05
- Q1
- 0.04
- Min
- 0.00
Financial Strength Metrics
| Metric | ANET | SKHY |
|---|---|---|
| Current Ratio (MRQ) | 3.29 | 26.88 |
| Debt / Equity (MRQ) | -- | 0.05 |
| Net Debt / EBITDA | -2.71 | -0.46 |
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 SK hynix (SKHY) reports a yield of 2,118.64%, 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%
SKHY
Semiconductors & Semiconductor Equipment industry group
2,118.64%
- SKHY
- 2,118.64%
- Max
- 1.37%
- Q3
- 0.65%
- Median
- 0.00%
- Q1
- 0.00%
- Min
- 0.00%
Dividend Payout Ratio (TTM)
Neither Arista Networks (ANET) nor SK hynix (SKHY) 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%
SKHY
Semiconductors & Semiconductor Equipment industry group
0.00%
- Max
- 49.64%
- Q3
- 21.71%
- SKHY
- 0.00%
- Median
- 0.00%
- Q1
- 0.00%
- Min
- 0.00%
Dividend Metrics
| Metric | ANET | SKHY |
|---|---|---|
| Dividend Yield (TTM) | 0.00% | 2,118.64% |
| Dividend Payout Ratio (TTM) | 0.00% | 0.00% |
Valuation
P/E Ratio (TTM)
SK hynix (SKHY) at 8.12 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
SKHY
Semiconductors & Semiconductor Equipment industry group
8.12
- Max
- 110.34
- Q3
- 66.81
- Median
- 37.02
- Q1
- 23.96
- SKHY
- 8.12
- Min
- 8.12
P/S Ratio (TTM)
SK hynix (SKHY) at 0.00 sits in the cheaper P/S ratio quartile while Arista Networks (ANET) at 18.15 prices above its industry range — a wide gap in sales valuation between them.
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
SKHY
Semiconductors & Semiconductor Equipment industry group
0.00
- Max
- 21.42
- Q3
- 12.27
- Median
- 5.76
- Q1
- 2.73
- SKHY
- 0.00
- Min
- 0.00
P/B Ratio (MRQ)
SK hynix (SKHY) at 3.95 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
SKHY
Semiconductors & Semiconductor Equipment industry group
3.95
- Max
- 14.06
- Q3
- 7.44
- Median
- 4.29
- SKHY
- 3.95
- Q1
- 2.30
- Min
- 0.20
Valuation Metrics
| Metric | ANET | SKHY |
|---|---|---|
| P/E Ratio (TTM) | 45.79 | 8.12 |
| P/S Ratio (TTM) | 18.15 | 0.00 |
| P/B Ratio (MRQ) | 13.12 | 3.95 |
| Free Cash Flow Yield (TTM) | 1.39% | -- |