Arista Networks (ANET) vs Dell Technologies (DELL)
Head-to-head comparison of performance, valuation, growth, profitability and dividends. Prices delayed 15 minutes; data as of Oct 8, 2026.
Summary
Dell Technologies (DELL) has outperformed Arista Networks (ANET) over the past year, gaining 283.7% versus a gain of 48.6%. Over five years, DELL leads with a +960.5% price change compared with +786.0% for ANET. Dell Technologies is the larger company by market cap ($369.18 billion vs $269.44 billion), about 1.4 times the size, while Arista Networks is growing revenue faster (+28.6% vs +18.8%).
On valuation, Dell Technologies trades at a lower forward P/E (19.9x vs 41.1x for Arista Networks). Dell Technologies pays a dividend yielding 0.40%, while Arista Networks does not currently pay one. Arista Networks converts more of its revenue into profit, with a net margin of 39.0% versus 5.2%.
Summary generated from market data by MetaCap's automated system. Methodology
Relative performance
Percent change in share price from the first common trading day shown; excludes dividends.
Head-to-head
| Metric | ANET | DELL |
|---|---|---|
| Share price | $213.64 | $580.64 |
| Market cap | $269.44B | $369.18B |
| 1-day change | -1.02% | +0.29% |
| YTD return | +64.72% | +359.93% |
| 1-year return | +48.55% | +283.75% |
| 5-year return | +785.96% | +960.52% |
| P/E ratio (TTM) | 67.39 | 33.76 |
| Forward P/E | 41.07 | 19.94 |
| EPS (TTM) | $3.17 | $17.20 |
| Dividend yield | 0.00% | 0.40% |
| Annual dividend | $0.00 | $2.31 |
| Revenue (latest FY) | $9.01B | $113.54B |
| Revenue growth (YoY) | +28.60% | +18.80% |
| Net income (latest FY) | $3.51B | $5.94B |
| Gross margin | 64.06% | 20.00% |
| Operating margin | 42.82% | 7.18% |
| Net margin | 38.99% | 5.23% |
| 52-week high | $217.32 | $595.51 |
| 52-week low | $114.52 | $110.22 |
| Distance from 52-week high | -1.70% | -2.50% |
| Analyst consensus | strong_buy | buy |
| Avg. price target upside | +13.53% | +0.92% |
| Average volume | 6.23M | 7.51M |
| Shares outstanding | 1.26B | 315.43M |
| Employees | 5,115 | 97,000 |
| Sector | Telecommunications | Technology |
| Industry | Computer Communications Equipment | Computer Manufacturing |
Highlighted cells mark the higher value for growth, returns, margins and yield, and the lower value for P/E ratios. Highlighting is a mechanical comparison, not a recommendation.
Key differences
- DELL has outperformed ANET by 235.2 percentage points over the past year.
- Arista Networks trades at a higher earnings multiple (67.4x vs 33.8x trailing P/E).
- Arista Networks is more profitable, keeping 39.0 cents of every revenue dollar as net income versus 5.2 cents for Dell Technologies.
- Arista Networks grew revenue faster in its latest fiscal year (+28.60% vs +18.80%).
- The two companies sit in different sectors: Arista Networks in Telecommunications and Dell Technologies in Technology.
About Arista Networks
ANET stock →Arista Networks, Inc. engages in the development, marketing, and sale of data-driven, client to cloud networking solutions for AI, data center, campus, and routing environments in the Americas, Europe, the Middle East, Africa, and the Asia-Pacific.
Telecommunications · Computer Communications Equipment · 5,115 employees
About Dell Technologies
DELL stock →Dell Technologies Inc. designs, develops, manufactures, markets, sells, and supports various comprehensive and integrated solutions, products, and services in the Americas, Europe, the Middle East, Asia, and internationally.
Technology · Computer Manufacturing · 97,000 employees
ANET vs DELL FAQ
Which is bigger, Arista Networks or Dell Technologies?
Dell Technologies (DELL) is larger, with a market capitalization of $369.18B compared with $269.44B for Arista Networks (ANET).
Which stock has performed better over the past year, ANET or DELL?
DELL returned +283.75% over the past 12 months, compared with +48.55% for ANET (price return, excluding dividends). Past performance does not predict future results.
Which has the lower P/E ratio, ANET or DELL?
DELL has the lower trailing P/E at 33.8, versus 67.4 for ANET. A lower P/E is not by itself a sign of a better investment; it can reflect slower expected growth or higher risk.
Which pays a higher dividend, Arista Networks or Dell Technologies?
Dell Technologies pays a dividend yielding 0.40%, while Arista Networks does not currently pay a regular dividend.
Are Arista Networks and Dell Technologies in the same industry?
No. Arista Networks is in the Telecommunications sector, while Dell Technologies is in Technology.