Arista Networks vs Dell (ANET vs DELL)
Arista Networks (ANET) vs Dell (DELL) in plain English: P/E, growth, margins, debt and dividend side by side, key differences and which fits each investor profile.
Arista Networks (ANET) and Dell (DELL) compete in hardware and devices. Here are Arista Networks and Dell side by side with their real figures as of November 4, 2026: what sets them apart, which fits each kind of investor and the most common questions, without telling you whether to buy Arista Networks or Dell.
Arista Networks vs Dell: the figures
| Figure | Arista Networks | Dell |
|---|---|---|
| Share price | $178.48 (November 4, 2026) | $372.36 (November 4, 2026) |
| Market cap | $225.1 billion | $236.8 billion |
| P/E (TTM) | 47.8x | 21.6x |
| Forward P/E | 33.1x | 12.3x |
| Revenue growth (quarter) | +37.7% | +57.7% |
| Net margin (TTM) | 38.4% | 7.5% |
| Net debt / EBITDA | Net cash | 1.3x |
| Dividend yield | 0.00% | 0.62% |
| Beta | 1.64 | 1.44 |
Arista Networks and Dell figures from Yahoo Finance, the same source the Fintols analysis uses, retrieved on November 4, 2026; N/A means that Arista Networks or Dell figure is not available, and we never estimate it.
3 key differences between Arista Networks and Dell
- Profitability: for every 100 of sales, Arista Networks keeps 38.4 as net profit and Dell keeps 7.5.
- Valuation: Arista Networks trades at 47.8x its annual earnings and Dell at 21.6x; the market pays more for each dollar of Arista Networks profit, usually because it expects more growth.
- Debt: Dell owes 1.3x its annual operating profit (EBITDA), while Arista Networks holds more cash than debt.
Arista Networks or Dell: which fits your profile
- If you want growth: Dell is growing faster today, so it fits better with investors who put business growth first, usually accepting a higher P/E and a bumpier ride.
- If you want income (dividends): Dell pays the higher dividend relative to its price.
- If you prefer caution: Arista Networks has less debt relative to its profit, which usually gives more room in a bad year.
- If price is what matters most to you: Dell trades on the lower P/E; check first whether that is an opportunity or a sign of a business that grows less.
Neither Arista Networks nor Dell wins on everything, and owning both is also an option: spreading money across several companies or an index fund reduces what rides on each one.
How Arista Networks and Dell make money
Arista Networks (ANET)
Arista Networks sells high-speed Ethernet switches and the EOS software that runs them, used inside cloud data centers and AI networks. Most revenue comes from products, with the rest from support services. Its biggest customers are cloud giants such as Microsoft and Meta, along with large enterprises and service providers. Full Arista Networks analysis.
Dell (DELL)
Dell Technologies reports two main segments. Infrastructure Solutions Group sells servers, including AI servers, plus storage and networking, while Client Solutions Group sells laptops, desktops and monitors to businesses and consumers. Customers range from large companies and governments to individuals worldwide, with the Americas as its largest region. Full Dell analysis.
Frequently asked questions: Arista Networks vs Dell
Is Arista Networks or Dell the better stock?
Choosing between Arista Networks and Dell depends on what you are looking for. Dell is growing faster right now, and Dell trades on the lower P/E. Fintols does not tell you whether to buy Arista Networks or Dell: it shows you the differences so you can decide.
Which pays a higher dividend, Arista Networks or Dell?
As of November 4, 2026, Dell yields 0.62% and Arista Networks pays none. Also check how much of their profit Arista Networks and Dell pay out: if it is more than they earn, it cannot last.
Which is more expensive, Arista Networks or Dell?
On P/E, Arista Networks (47.8x) is more expensive than Dell (21.6x) as of November 4, 2026. A higher P/E can be justified if earnings grow faster, so compare it with each company's growth in the table.
Can I own both Arista Networks and Dell?
Yes. Many people spread their money across several companies, such as Arista Networks and Dell, or use index funds so they do not depend on just one. If you are starting out, decide how much you want to invest and for how long before buying Arista Networks or Dell.
More comparisons with Arista Networks or Dell
More companies like Arista Networks and Dell: hardware and devices stocks. Educational content about Arista Networks and Dell, not investment advice.