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ANET vs. WDC: Arista Networks vs. Western Digital Stock Comparison

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

Company profile comparison for Arista Networks (ANET) and Western Digital (WDC)
Profile ItemANETWDC
NameArista Networks Inc.Western Digital Corp.
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 USD98.74 billion USD
CurrencyUSDUSD
ExchangeNYSENasdaq
Listing DateJune 6, 2014October 31, 1978
Security TypeCommon StockCommon Stock

Price Performance

Cumulative Growth

ANET
WDC
GSPC
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Arista Networks (ANET) vs. Western Digital (WDC), 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 Western Digital (WDC). Returns over one year are annualized.

Calendar-Year Returns

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

Performance Metrics

Price performance metrics for Arista Networks (ANET) and Western Digital (WDC)
MetricANETWDC
Total Return (1Y)38.40%78.89%
Total Return (3Y, Annualized)52.15%106.11%
Total Return (5Y, Annualized)41.19%47.06%

Risk Profile

Drawdown History

ANET
WDC
GSPC
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Arista Networks (ANET) vs. Western Digital (WDC), 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 Western Digital (WDC). Each bar is the share of months whose return fell in that 5% bucket.

Risk Metrics

Risk profile metrics for Arista Networks (ANET) and Western Digital (WDC)
MetricANETWDC
Volatility (1Y, Annualized)56.66%83.20%
Beta (5Y)1.602.35
Max Drawdown (5Y)-50.42%-64.64%
Avg. Volume (3M)6.09M8.01M

Risk-Adjusted Performance

Risk-Return Positioning

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ANET and WDC 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 Western Digital (WDC)
MetricANETWDC
Sharpe Ratio (1Y)0.600.90
Sortino Ratio (1Y)0.871.32

Profitability

ROE (TTM)

Both companies show strong equity returns, but Western Digital (WDC) at 129.60% 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%

WDC

Technology Hardware & Equipment industry group

129.60%

WDC
129.60%
Max
42.47%
Q3
19.13%
Median
11.00%
Q1
1.63%
Min
-20.62%
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Arista Networks (ANET) vs. Western Digital (WDC): A comparison of their ROE against the Technology Hardware & Equipment industry group benchmark.

Net Margin (TTM)

Both Arista Networks (ANET) at 39.97% and Western Digital (WDC) at 69.20% 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%

WDC

Technology Hardware & Equipment industry group

69.20%

WDC
69.20%
Max
27.60%
Q3
11.66%
Median
4.08%
Q1
0.00%
Min
-11.02%
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Arista Networks (ANET) vs. Western Digital (WDC): A comparison of their net margin against the Technology Hardware & Equipment industry group benchmark.

Operating Margin (TTM)

Before financing and tax, both Arista Networks (ANET) at 44.90% and Western Digital (WDC) at 47.68% 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%

WDC

Technology Hardware & Equipment industry group

47.68%

WDC
47.68%
Max
36.27%
Q3
18.36%
Median
8.84%
Q1
1.46%
Min
-21.39%
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Arista Networks (ANET) vs. Western Digital (WDC): A comparison of their operating margin against the Technology Hardware & Equipment industry group benchmark.

Profitability Metrics

Profitability metrics for Arista Networks (ANET) and Western Digital (WDC)
MetricANETWDC
ROE (TTM)33.52%129.60%
ROA (TTM)15.04%25.88%
Net Margin (TTM)39.97%69.20%
Operating Margin (TTM)44.90%47.68%
Gross Margin (TTM)62.88%52.60%

Growth

Revenue Growth

Both Arista Networks (ANET) at 28.60% and Western Digital (WDC) at 35.70% sit in the top peer quartile for revenue growth, so each is growing its top line faster than typical industry peers.

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Arista Networks (ANET) vs. Western Digital (WDC): A comparison of their Revenue Growth across different time periods.

EPS Growth

Western Digital (WDC) at 372.38% 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.

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Arista Networks (ANET) vs. Western Digital (WDC): A comparison of their EPS Growth across different time periods.

Growth Metrics

Growth metrics for Arista Networks (ANET) and Western Digital (WDC)
MetricANETWDC
Revenue Growth (YoY)28.60%35.70%
Revenue Growth (3Y CAGR)27.15%27.35%
EPS Growth (YoY)23.32%372.38%
EPS Growth (3Y CAGR)37.08%--

Financial Strength

Current Ratio (MRQ)

Western Digital (WDC) at 1.43 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

WDC

Technology Hardware & Equipment industry group

1.43

Max
5.34
Q3
3.02
Median
1.95
WDC
1.43
Q1
1.32
Min
0.17
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Arista Networks (ANET) vs. Western Digital (WDC): 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: Western Digital (WDC) carries debt-to-equity ratio of 0.10 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
--

WDC

Technology Hardware & Equipment industry group

0.10

Max
1.76
Q3
0.78
Median
0.24
WDC
0.10
Q1
0.04
Min
0.01
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Arista Networks (ANET) vs. Western Digital (WDC): ANET does not report debt-to-equity ratio, so it has no value marker; WDC is benchmarked against the Technology Hardware & Equipment industry group.

Financial Strength Metrics

Financial strength metrics for Arista Networks (ANET) and Western Digital (WDC)
MetricANETWDC
Current Ratio (MRQ)3.291.43
Debt / Equity (MRQ)--0.10
Net Debt / EBITDA-2.71-0.06

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 Western Digital (WDC) reports a yield of 0.21%, 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%

WDC

Technology Hardware & Equipment industry group

0.21%

Max
0.73%
Q3
0.31%
WDC
0.21%
Median
0.00%
Q1
0.00%
Min
0.00%
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Arista Networks (ANET) vs. Western Digital (WDC): A comparison of their dividend yield against the Technology Hardware & Equipment industry group benchmark.

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 Western Digital (WDC) reports a payout of 1.93%, 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%

WDC

Technology Hardware & Equipment industry group

1.93%

Max
32.27%
Q3
14.48%
WDC
1.93%
Median
0.00%
Q1
0.00%
Min
0.00%
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Arista Networks (ANET) vs. Western Digital (WDC): A comparison of their payout ratio against the Technology Hardware & Equipment industry group benchmark.

Dividend Metrics

Dividend metrics for Arista Networks (ANET) and Western Digital (WDC)
MetricANETWDC
Dividend Yield (TTM)0.00%0.21%
Dividend Payout Ratio (TTM)0.00%1.93%

Valuation

P/E Ratio (TTM)

Western Digital (WDC) 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

WDC

Technology Hardware & Equipment industry group

9.28

Max
69.48
Q3
41.02
Median
26.39
Q1
19.36
WDC
9.28
Min
6.07
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Arista Networks (ANET) vs. Western Digital (WDC): A comparison of their P/E ratio against the Technology Hardware & Equipment industry group benchmark.

P/S Ratio (TTM)

Both look expensive on sales: Western Digital (WDC) at 6.82 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

WDC

Technology Hardware & Equipment industry group

6.82

Max
11.30
WDC
6.82
Q3
5.82
Median
2.56
Q1
1.05
Min
0.00
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Arista Networks (ANET) vs. Western Digital (WDC): A comparison of their P/S ratio against the Technology Hardware & Equipment industry group benchmark.

P/B Ratio (MRQ)

Both look rich against book: Western Digital (WDC) at 10.55 sits in the upper P/B ratio quartile, and Arista Networks (ANET) at 13.12 prices even higher, above its industry 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

WDC

Technology Hardware & Equipment industry group

10.55

Max
10.75
WDC
10.55
Q3
5.52
Median
3.17
Q1
1.79
Min
0.33
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Arista Networks (ANET) vs. Western Digital (WDC): A comparison of their P/B ratio against the Technology Hardware & Equipment industry group benchmark.

Valuation Metrics

Valuation metrics for Arista Networks (ANET) and Western Digital (WDC)
MetricANETWDC
P/E Ratio (TTM)45.799.28
P/S Ratio (TTM)18.156.82
P/B Ratio (MRQ)13.1210.55
Free Cash Flow Yield (TTM)1.39%2.76%