ANET vs. STX: Arista Networks vs. Seagate Technology Stock Comparison
How do Arista Networks (ANET) and Seagate Technology (STX) 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 Seagate Technology (STX) both fall under the Technology Hardware & Equipment industry group, but ANET is classified in Communications Equipment while STX is classified in Technology Hardware, Storage & Peripherals.
| Profile Item | ANET | STX |
|---|---|---|
| Name | Arista Networks, Inc. | Seagate Technology Holdings plc |
| Country/Region | United States | Singapore |
| GICS Sector | Information Technology | Information Technology |
| GICS Industry Group | Technology Hardware & Equipment | Technology Hardware & Equipment |
| GICS Industry | Communications Equipment | Technology Hardware, Storage & Peripherals |
| GICS Sub-Industry | Communications Equipment | Technology Hardware, Storage & Peripherals |
| Market Capitalization | 246.42 billion USD | 188.06 billion USD |
| Currency | USD | USD |
| Exchange | NYSE | Nasdaq |
| Listing Date | June 6, 2014 | December 11, 2002 |
| Security Type | Common Stock | Common Stock |
Price Performance
Cumulative Growth
Trailing Returns
Calendar-Year Returns
Performance Metrics
| Metric | ANET | STX |
|---|---|---|
| Total Return (1Y) | 50.89% | 410.76% |
| Total Return (3Y, Annualized) | 64.44% | 141.58% |
| Total Return (5Y, Annualized) | 53.88% | 62.68% |
Risk Profile
Drawdown History
Return Distribution
Risk Metrics
| Metric | ANET | STX |
|---|---|---|
| Volatility (1Y, Annualized) | 54.68% | 74.44% |
| Beta (5Y) | 1.62 | 2.07 |
| Max Drawdown (5Y) | -50.42% | -56.99% |
| Avg. Volume (3M) | 7.96M | 4.73M |
Risk-Adjusted Performance
Risk-Return Positioning
Risk-Adjusted Metrics
| Metric | ANET | STX |
|---|---|---|
| Sharpe Ratio (1Y) | 0.86 | 5.46 |
| Sortino Ratio (1Y) | 1.25 | 8.97 |
Profitability
ROE (TTM)
Both companies show strong equity returns, but Seagate Technology (STX) at 371.53% is the standout with ROE above its industry range; Arista Networks (ANET) at 31.48% also sits in the top quartile.
ANET
Technology Hardware & Equipment industry group
31.48%
- Max
- 44.01%
- ANET
- 31.48%
- Q3
- 18.56%
- Median
- 10.41%
- Q1
- 0.66%
- Min
- -24.95%
STX
Technology Hardware & Equipment industry group
371.53%
- STX
- 371.53%
- Max
- 44.01%
- Q3
- 18.56%
- Median
- 10.41%
- Q1
- 0.66%
- Min
- -24.95%
Net Margin (TTM)
Arista Networks (ANET) at 38.37% keeps the most of each sales dollar — above its industry’s net margin range — and Seagate Technology (STX) at 26.11% also retains a top-quartile share.
ANET
Technology Hardware & Equipment industry group
38.37%
- ANET
- 38.37%
- Max
- 26.11%
- Q3
- 10.82%
- Median
- 3.61%
- Q1
- -0.23%
- Min
- -11.93%
STX
Technology Hardware & Equipment industry group
26.11%
- STX
- 26.11%
- Max
- 26.11%
- Q3
- 10.82%
- Median
- 3.61%
- Q1
- -0.23%
- Min
- -11.93%
Operating Margin (TTM)
Before financing and tax, both Arista Networks (ANET) at 45.39% and Seagate Technology (STX) at 43.07% run unusually efficient core operations — each operating margin clears its industry’s benchmark range.
ANET
Technology Hardware & Equipment industry group
45.39%
- ANET
- 45.39%
- Max
- 36.27%
- Q3
- 16.89%
- Median
- 7.31%
- Q1
- 1.82%
- Min
- -18.45%
STX
Technology Hardware & Equipment industry group
43.07%
- STX
- 43.07%
- Max
- 36.27%
- Q3
- 16.89%
- Median
- 7.31%
- Q1
- 1.82%
- Min
- -18.45%
Profitability Metrics
| Metric | ANET | STX |
|---|---|---|
| ROE (TTM) | 31.48% | 371.53% |
| ROA (TTM) | 14.12% | 29.36% |
| Net Margin (TTM) | 38.37% | 26.11% |
| Operating Margin (TTM) | 45.39% | 43.07% |
| Gross Margin (TTM) | 63.00% | 45.58% |
Growth
Revenue Growth
Both Arista Networks (ANET) at 28.60% and Seagate Technology (STX) at 34.06% sit in the top peer quartile for revenue growth, so each is growing its top line faster than typical industry peers.
EPS Growth
Seagate Technology (STX) at 105.32% 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 STX.
Growth Metrics
| Metric | ANET | STX |
|---|---|---|
| Revenue Growth (YoY) | 28.60% | 34.06% |
| Revenue Growth (3Y CAGR) | 27.15% | 18.20% |
| EPS Growth (YoY) | 23.32% | 105.32% |
| EPS Growth (3Y CAGR) | 37.08% | -- |
Financial Strength
Current Ratio (MRQ)
Seagate Technology (STX) at 1.67 keeps current ratio within its industry’s typical mid-range, while Arista Networks (ANET) at 2.96 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
2.96
- Max
- 4.90
- ANET
- 2.96
- Q3
- 2.92
- Median
- 1.98
- Q1
- 1.32
- Min
- 0.17
STX
Technology Hardware & Equipment industry group
1.67
- Max
- 4.90
- Q3
- 2.92
- Median
- 1.98
- STX
- 1.67
- Q1
- 1.32
- Min
- 0.17
Debt / Equity (MRQ)
Only one side’s leverage can be read here: Seagate Technology (STX) carries debt-to-equity ratio of 1.80 against its industry range, while Arista Networks (ANET) reports no figure this period.
ANET
Technology Hardware & Equipment industry group
--
- Max
- 2.02
- Q3
- 0.85
- Median
- 0.27
- Q1
- 0.04
- Min
- 0.00
- ANET
- --
STX
Technology Hardware & Equipment industry group
1.80
- Max
- 2.02
- STX
- 1.80
- Q3
- 0.85
- Median
- 0.27
- Q1
- 0.04
- Min
- 0.00
Financial Strength Metrics
| Metric | ANET | STX |
|---|---|---|
| Current Ratio (MRQ) | 2.96 | 1.67 |
| Debt / Equity (MRQ) | -- | 1.80 |
| Net Debt / EBITDA | -2.88 | 0.49 |
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 Seagate Technology (STX) reports a yield of 0.35%, ranking against industry peers normally.
ANET
Technology Hardware & Equipment industry group
0.00%
- Max
- 0.73%
- Q3
- 0.33%
- ANET
- 0.00%
- Median
- 0.00%
- Q1
- 0.00%
- Min
- 0.00%
STX
Technology Hardware & Equipment industry group
0.35%
- Max
- 0.73%
- STX
- 0.35%
- Q3
- 0.33%
- Median
- 0.00%
- Q1
- 0.00%
- Min
- 0.00%
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 Seagate Technology (STX) reports a payout of 21.15%, ranking against industry peers normally.
ANET
Technology Hardware & Equipment industry group
0.00%
- Max
- 40.27%
- Q3
- 16.48%
- ANET
- 0.00%
- Median
- 0.00%
- Q1
- 0.00%
- Min
- 0.00%
STX
Technology Hardware & Equipment industry group
21.15%
- Max
- 40.27%
- STX
- 21.15%
- Q3
- 16.48%
- Median
- 0.00%
- Q1
- 0.00%
- Min
- 0.00%
Dividend Metrics
| Metric | ANET | STX |
|---|---|---|
| Dividend Yield (TTM) | 0.00% | 0.35% |
| Dividend Payout Ratio (TTM) | 0.00% | 21.15% |
Valuation
P/E Ratio (TTM)
Both Arista Networks (ANET) at 61.63 and Seagate Technology (STX) at 59.52 sit in the richer earnings-multiple quartile for P/E ratio, so investors are paying more for TTM earnings than they pay for typical peers.
ANET
Technology Hardware & Equipment industry group
61.63
- Max
- 91.74
- ANET
- 61.63
- Q3
- 53.17
- Median
- 33.72
- Q1
- 21.33
- Min
- 11.30
STX
Technology Hardware & Equipment industry group
59.52
- Max
- 91.74
- STX
- 59.52
- Q3
- 53.17
- Median
- 33.72
- Q1
- 21.33
- Min
- 11.30
P/S Ratio (TTM)
Both look expensive on sales: Seagate Technology (STX) at 15.45 sits in the upper P/S ratio quartile, and Arista Networks (ANET) at 23.38 prices even higher, above its industry range.
ANET
Technology Hardware & Equipment industry group
23.38
- ANET
- 23.38
- Max
- 15.45
- Q3
- 7.29
- Median
- 3.04
- Q1
- 1.11
- Min
- 0.00
STX
Technology Hardware & Equipment industry group
15.45
- STX
- 15.45
- Max
- 15.45
- Q3
- 7.29
- Median
- 3.04
- Q1
- 1.11
- Min
- 0.00
P/B Ratio (MRQ)
Measured against book value, both Arista Networks (ANET) at 16.65 and Seagate Technology (STX) at 170.03 look expensive — each P/B ratio sits above its industry’s benchmark range.
ANET
Technology Hardware & Equipment industry group
16.65
- ANET
- 16.65
- Max
- 14.06
- Q3
- 7.34
- Median
- 3.72
- Q1
- 1.93
- Min
- -6.10
STX
Technology Hardware & Equipment industry group
170.03
- STX
- 170.03
- Max
- 14.06
- Q3
- 7.34
- Median
- 3.72
- Q1
- 1.93
- Min
- -6.10
Valuation Metrics
| Metric | ANET | STX |
|---|---|---|
| P/E Ratio (TTM) | 61.63 | 59.52 |
| P/S Ratio (TTM) | 23.38 | 15.45 |
| P/B Ratio (MRQ) | 16.65 | 170.03 |
| Free Cash Flow Yield (TTM) | 1.58% | 1.03% |