ANET vs. ZBRA: A Head-to-Head Stock Comparison
Updated onHere’s a clear look at ANET and ZBRA, comparing key factors like historical performance, profitability, financial strength, growth, dividend, and valuation.
Company Overview
ANET’s market capitalization of 128.76 billion USD is substantially larger than ZBRA’s 16.46 billion USD, indicating a significant difference in their market valuations.
With betas of 1.38 for ANET and 1.75 for ZBRA, both stocks show similar sensitivity to overall market movements.
| Symbol | ANET | ZBRA |
|---|---|---|
| Company Name | Arista Networks, Inc. | Zebra Technologies Corporation |
| Country | US | US |
| Sector | Technology | Technology |
| Industry | Computer Hardware | Communication Equipment |
| CEO | Jayshree V. Ullal | William J. Burns |
| Price | 102.52 USD | 323.72 USD |
| Market Cap | 128.76 billion USD | 16.46 billion USD |
| Beta | 1.38 | 1.75 |
| Exchange | NYSE | NASDAQ |
| IPO Date | June 6, 2014 | August 15, 1991 |
| ADR | No | No |
Historical Performance
This chart compares the performance of ANET and ZBRA by tracking the growth of an initial $10,000 investment in each. Use the tabs to select the desired time period.
Data is adjusted for dividends and splits.
Profitability
Return on Equity
ANET
32.05%
Computer Hardware Industry
- Max
- 123.03%
- Q3
- 15.78%
- Median
- -13.44%
- Q1
- -119.16%
- Min
- -227.95%
In the upper quartile for the Computer Hardware industry, ANET’s Return on Equity of 32.05% signals a highly effective use of shareholder capital to drive profitability compared to most of its peers.
ZBRA
15.78%
Communication Equipment Industry
- Max
- 30.07%
- Q3
- 8.07%
- Median
- 1.84%
- Q1
- -11.93%
- Min
- -31.65%
In the upper quartile for the Communication Equipment industry, ZBRA’s Return on Equity of 15.78% signals a highly effective use of shareholder capital to drive profitability compared to most of its peers.
Return on Invested Capital
ANET
23.89%
Computer Hardware Industry
- Max
- 30.37%
- Q3
- 20.44%
- Median
- 7.03%
- Q1
- -12.47%
- Min
- -31.70%
In the upper quartile for the Computer Hardware industry, ANET’s Return on Invested Capital of 23.89% signifies a highly effective use of its capital to generate profits when compared to its peers.
ZBRA
10.15%
Communication Equipment Industry
- Max
- 11.59%
- Q3
- 6.61%
- Median
- 2.97%
- Q1
- -2.58%
- Min
- -13.18%
In the upper quartile for the Communication Equipment industry, ZBRA’s Return on Invested Capital of 10.15% signifies a highly effective use of its capital to generate profits when compared to its peers.
Net Profit Margin
ANET
40.72%
Computer Hardware Industry
- Max
- 40.72%
- Q3
- 10.87%
- Median
- 4.33%
- Q1
- -378.64%
- Min
- -753.20%
A Net Profit Margin of 40.72% places ANET in the upper quartile for the Computer Hardware industry, signifying strong profitability and more effective cost management than most of its peers.
ZBRA
10.75%
Communication Equipment Industry
- Max
- 23.65%
- Q3
- 9.21%
- Median
- 2.46%
- Q1
- -8.56%
- Min
- -29.87%
A Net Profit Margin of 10.75% places ZBRA in the upper quartile for the Communication Equipment industry, signifying strong profitability and more effective cost management than most of its peers.
Operating Profit Margin
ANET
42.27%
Computer Hardware Industry
- Max
- 42.27%
- Q3
- 13.53%
- Median
- 4.56%
- Q1
- -295.01%
- Min
- -592.84%
An Operating Profit Margin of 42.27% places ANET in the upper quartile for the Computer Hardware industry. This signals a strong ability to translate revenue into operating profit, outperforming most of its competitors in core business efficiency.
ZBRA
15.21%
Communication Equipment Industry
- Max
- 30.72%
- Q3
- 11.64%
- Median
- 5.79%
- Q1
- -2.28%
- Min
- -18.20%
An Operating Profit Margin of 15.21% places ZBRA in the upper quartile for the Communication Equipment industry. This signals a strong ability to translate revenue into operating profit, outperforming most of its competitors in core business efficiency.
Profitability at a Glance
| Symbol | ANET | ZBRA |
|---|---|---|
| Return on Equity (TTM) | 32.05% | 15.78% |
| Return on Assets (TTM) | 20.86% | 6.95% |
| Return on Invested Capital (TTM) | 23.89% | 10.15% |
| Net Profit Margin (TTM) | 40.72% | 10.75% |
| Operating Profit Margin (TTM) | 42.27% | 15.21% |
| Gross Profit Margin (TTM) | 64.09% | 48.25% |
Financial Strength
Current Ratio
ANET
3.93
Computer Hardware Industry
- Max
- 20.73
- Q3
- 11.54
- Median
- 2.69
- Q1
- 1.40
- Min
- 0.73
ANET’s Current Ratio of 3.93 aligns with the median group of the Computer Hardware industry, indicating that its short-term liquidity is in line with its sector peers.
ZBRA
1.45
Communication Equipment Industry
- Max
- 3.40
- Q3
- 2.59
- Median
- 1.62
- Q1
- 1.32
- Min
- 0.86
ZBRA’s Current Ratio of 1.45 aligns with the median group of the Communication Equipment industry, indicating that its short-term liquidity is in line with its sector peers.
Debt-to-Equity Ratio
ANET
--
Computer Hardware Industry
- Max
- 1.36
- Q3
- 0.67
- Median
- 0.04
- Q1
- 0.03
- Min
- 0.00
Debt-to-Equity Ratio data for ANET is currently unavailable.
ZBRA
0.65
Communication Equipment Industry
- Max
- 1.82
- Q3
- 1.00
- Median
- 0.53
- Q1
- 0.20
- Min
- 0.02
ZBRA’s Debt-to-Equity Ratio of 0.65 is typical for the Communication Equipment industry, indicating its use of leverage is in line with the sector norm. This suggests a balanced approach to its capital structure.
Interest Coverage Ratio
ANET
--
Computer Hardware Industry
- Max
- 32.50
- Q3
- 21.85
- Median
- 4.98
- Q1
- -7.71
- Min
- -34.24
Interest Coverage Ratio data for ANET is currently unavailable.
ZBRA
14.39
Communication Equipment Industry
- Max
- 16.12
- Q3
- 9.22
- Median
- 2.52
- Q1
- -0.75
- Min
- -12.07
ZBRA’s Interest Coverage Ratio of 14.39 is in the upper quartile for the Communication Equipment industry, signifying a strong and healthy capacity to meet its interest payments from operating profits.
Financial Strength at a Glance
| Symbol | ANET | ZBRA |
|---|---|---|
| Current Ratio (TTM) | 3.93 | 1.45 |
| Quick Ratio (TTM) | 3.31 | 1.02 |
| Debt-to-Equity Ratio (TTM) | -- | 0.65 |
| Debt-to-Asset Ratio (TTM) | -- | 0.30 |
| Net Debt-to-EBITDA Ratio (TTM) | -0.58 | 1.52 |
| Interest Coverage Ratio (TTM) | -- | 14.39 |
Growth
The following charts compare key year-over-year (YoY) growth metrics for ANET and ZBRA. These metrics are based on the companies’ annual financial reports.
Revenue Growth
Earnings Per Share (EPS) Growth
Free Cash Flow Growth
Dividend
Dividend Yield
ANET
0.00%
Computer Hardware Industry
- Max
- 9.24%
- Q3
- 1.58%
- Median
- 0.00%
- Q1
- 0.00%
- Min
- 0.00%
ANET currently does not pay a dividend, resulting in a yield of 0%. This is a common strategy for growth-focused companies that prioritize reinvesting earnings, though it may be less typical in mature, income-oriented sectors.
ZBRA
0.00%
Communication Equipment Industry
- Max
- 4.72%
- Q3
- 0.38%
- Median
- 0.00%
- Q1
- 0.00%
- Min
- 0.00%
ZBRA currently does not pay a dividend, resulting in a yield of 0%. This is a common strategy for growth-focused companies that prioritize reinvesting earnings, though it may be less typical in mature, income-oriented sectors.
Dividend Payout Ratio
ANET
0.00%
Computer Hardware Industry
- Max
- 193.79%
- Q3
- 30.72%
- Median
- 0.00%
- Q1
- 0.00%
- Min
- 0.00%
ANET has a Dividend Payout Ratio of 0%, indicating it does not currently pay a dividend. This is a common strategy for growth-oriented companies that reinvest all profits back into the business.
ZBRA
0.00%
Communication Equipment Industry
- Max
- 91.96%
- Q3
- 26.44%
- Median
- 0.00%
- Q1
- 0.00%
- Min
- 0.00%
ZBRA has a Dividend Payout Ratio of 0%, indicating it does not currently pay a dividend. This is a common strategy for growth-oriented companies that reinvest all profits back into the business.
Dividend at a Glance
| Symbol | ANET | ZBRA |
|---|---|---|
| Dividend Yield (TTM) | 0.00% | 0.00% |
| Dividend Payout Ratio (TTM) | 0.00% | 0.00% |
Valuation
Price-to-Earnings Ratio
ANET
42.66
Computer Hardware Industry
- Max
- 24.60
- Q3
- 24.01
- Median
- 20.31
- Q1
- 18.24
- Min
- 13.38
At 42.66, ANET’s P/E Ratio is exceptionally high, exceeding the typical maximum for the Computer Hardware industry. This suggests the stock may be significantly overvalued compared to its peers and implies high market expectations that could be difficult to meet.
ZBRA
30.29
Communication Equipment Industry
- Max
- 44.37
- Q3
- 41.98
- Median
- 30.61
- Q1
- 23.44
- Min
- 2.14
ZBRA’s P/E Ratio of 30.29 is within the middle range for the Communication Equipment industry. This suggests its valuation is in line with the sector average, representing neither a significant premium nor a discount compared to its peers.
Forward P/E to Growth Ratio
ANET
1.80
Computer Hardware Industry
- Max
- 9.77
- Q3
- 5.18
- Median
- 1.77
- Q1
- 1.17
- Min
- 0.02
The Forward PEG Ratio is often not a primary valuation metric in the Computer Hardware industry.
ZBRA
1.48
Communication Equipment Industry
- Max
- 15.97
- Q3
- 6.99
- Median
- 2.78
- Q1
- 0.66
- Min
- 0.05
The Forward PEG Ratio is often not a primary valuation metric in the Communication Equipment industry.
Price-to-Sales Ratio
ANET
17.31
Computer Hardware Industry
- Max
- 57.61
- Q3
- 47.40
- Median
- 3.37
- Q1
- 1.56
- Min
- 0.43
ANET’s P/S Ratio of 17.31 aligns with the market consensus for the Computer Hardware industry. This suggests its valuation, based on sales, is seen as standard and is on par with its competitors.
ZBRA
3.22
Communication Equipment Industry
- Max
- 6.38
- Q3
- 3.88
- Median
- 2.17
- Q1
- 1.15
- Min
- 0.37
ZBRA’s P/S Ratio of 3.22 aligns with the market consensus for the Communication Equipment industry. This suggests its valuation, based on sales, is seen as standard and is on par with its competitors.
Price-to-Book Ratio
ANET
12.77
Computer Hardware Industry
- Max
- 21.21
- Q3
- 14.71
- Median
- 9.28
- Q1
- 3.74
- Min
- 0.43
ANET’s P/B Ratio of 12.77 is within the conventional range for the Computer Hardware industry. This shows a balanced market view, where the stock’s price is neither at a significant premium nor a discount to the book value of its peers.
ZBRA
4.59
Communication Equipment Industry
- Max
- 14.42
- Q3
- 7.01
- Median
- 3.09
- Q1
- 1.38
- Min
- 0.41
ZBRA’s P/B Ratio of 4.59 is within the conventional range for the Communication Equipment industry. This shows a balanced market view, where the stock’s price is neither at a significant premium nor a discount to the book value of its peers.
Valuation at a Glance
| Symbol | ANET | ZBRA |
|---|---|---|
| Price-to-Earnings Ratio (P/E, TTM) | 42.66 | 30.29 |
| Forward PEG Ratio (TTM) | 1.80 | 1.48 |
| Price-to-Sales Ratio (P/S, TTM) | 17.31 | 3.22 |
| Price-to-Book Ratio (P/B, TTM) | 12.77 | 4.59 |
| Price-to-Free Cash Flow Ratio (P/FCF, TTM) | 34.02 | 16.45 |
| EV-to-EBITDA (TTM) | 39.62 | 18.39 |
| EV-to-Sales (TTM) | 17.07 | 3.51 |