Pure Storage [PSTG] vs Arista Networks [ANET] Detailed Stock Comparison

TLDR: Quick Comparison Summary

Based on 20 vital metrics comparison: Pure Storage Inc. wins in 7 metrics, Arista Networks, Inc. wins in 12 metrics, with 0 ties. Arista Networks, Inc. appears stronger overall.

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Vital Metrics Comparison

Metric Pure Storage Inc. Arista Networks, Inc. Better
P/E Ratio (TTM) 123.27 64.57 Arista Networks, Inc.
Price-to-Book Ratio 15.49 17.97 Pure Storage Inc.
Debt-to-Equity Ratio 127.36 0.73 Arista Networks, Inc.
PEG Ratio 0.94 3.44 Pure Storage Inc.
EV/EBITDA 83.04 53.87 Arista Networks, Inc.
Profit Margin (TTM) 5.14% 38.99% Arista Networks, Inc.
Operating Margin (TTM) -18.45% 41.52% Arista Networks, Inc.
EBITDA Margin (TTM) N/A 41.52% N/A
Return on Equity 13.68% 31.40% Arista Networks, Inc.
Return on Assets (TTM) 1.66% 14.39% Arista Networks, Inc.
Free Cash Flow (TTM) $615.74M $4.25B Arista Networks, Inc.
1-Year Return 57.29% 76.76% Arista Networks, Inc.
Price-to-Sales Ratio (TTM) 6.12 24.74 Pure Storage Inc.
Enterprise Value $21.81B $211.64B Arista Networks, Inc.
EV/Revenue Ratio 5.95 23.50 Pure Storage Inc.
Gross Profit Margin (TTM) 69.89% 62.86% Pure Storage Inc.
Revenue per Share (TTM) $11 $7 Pure Storage Inc.
Earnings per Share (Diluted) $0.55 $2.74 Arista Networks, Inc.
Beta (Stock Volatility) 1.34 1.48 Pure Storage Inc.
Short % of Float 3.71% 1.66% Arista Networks, Inc.

Pure Storage Inc. vs Arista Networks, Inc. Stock Performance Analysis

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Performance Comparison

Short-term Returns

Stock1D1W1M3M6MYTD
Pure Storage Inc.10.38%7.42%25.72%27.41%6.17%26.36%
Arista Networks, Inc.3.58%8.11%19.10%24.93%34.32%26.56%

Long-term Returns

Stock1Y3Y5Y10Y15Y20Y
Pure Storage Inc.57.29%216.40%357.74%636.49%425.30%425.30%
Arista Networks, Inc.76.76%313.79%619.75%3,527.56%4,645.35%4,645.35%

Performance & Financial Health Analysis: Pure Storage Inc. vs Arista Networks, Inc.

MetricPSTGANET
Market Information
Market Cap i$22.47B$222.76B
Market Cap CategoryLarge capMega cap
10 Day Avg. Volume i2,593,5567,425,480
90 Day Avg. Volume i2,568,0156,946,487
Last Close$87.20$169.09
52 Week Range$50.20 - $100.59$85.58 - $179.80
% from 52W High-13.31%-5.96%
All-Time High$100.59 (Nov 03, 2025)$179.80 (Apr 24, 2026)
% from All-Time High-13.31%-5.96%
Growth Metrics
Quarterly Revenue Growth0.10%0.29%
Quarterly Earnings Growth0.20%0.19%
Financial Health
Profit Margin (TTM) i0.05%0.39%
Operating Margin (TTM) i-0.18%0.42%
Return on Equity (TTM) i0.14%0.31%
Debt to Equity (MRQ) i127.360.73
Cash & Liquidity
Book Value per Share (MRQ)$4.38$9.85
Cash per Share (MRQ)$3.74$8.55
Operating Cash Flow (TTM) i$880.08M$4.37B
Levered Free Cash Flow (TTM) i$376.73M$3.39B
Dividends
Last 12-Month Dividend Yield iN/AN/A
Last 12-Month Dividend iN/AN/A

Valuation & Enterprise Metrics Analysis: Pure Storage Inc. vs Arista Networks, Inc.

MetricPSTG (Apr 21, 2026)ANET (Apr 26, 2026)
Price Ratios
P/E Ratio (TTM) i123.2764.57
Forward P/E i23.8841.09
PEG Ratio i0.943.44
Price to Sales (TTM) i6.1224.74
Price to Book (MRQ) i15.4917.97
Market Capitalization
Market Capitalization i$22.47B$222.76B
Enterprise Value i$21.81B$211.64B
Enterprise Value Metrics
Enterprise to Revenue i5.9523.50
Enterprise to EBITDA i83.0453.87
Risk & Other Metrics
Beta i1.341.48
Book Value per Share (MRQ) i$4.38$9.85

Financial Statements Comparison: Pure Storage Inc. vs Arista Networks, Inc.

Financial Metrics

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Revenue

Operating Margin

Profit Margin

Long Term Debt

Income Flow Analysis

Financial Statements Comparison

Income Statement

MetricPSTG (2026)ANET (2025)
Revenue/Sales i3.66B9.01B
Cost of Goods Sold i1.08BN/A
COGS % of Revenue i29.6%0.0%
Gross Profit i2.58B5.77B
Gross Margin i70.4%64.1%
Research & Development i963.29M1.24B
Operating Income (EBIT) i114.82M3.86B
Operating Margin i3.1%42.8%
EBITDA i355.55M3.93B
EBITDA Margin i9.7%43.6%
Pre-Tax Income i224.28M4.25B
Pre-Tax Income % of Revenue i6.1%47.2%
Income Tax i36.10M738.30M
Income Tax % of Revenue i1.0%8.2%
Net Income (Profit) i188.18M3.51B
Profit Margin i5.1%39.0%

Balance Sheet & Liquidity Metrics

MetricPSTG (2026)ANET (2025)
Cash & Equivalents i854.87M1.96B
Total Current Assets i3.06B16.39B
Total Current Assets % of Revenue i83.6%182.0%
Total Current Liabilities i1.91B5.38B
Total Current Liabilities % of Revenue i52.1%59.7%
Long-Term Debt i172.06MN/A
Long-Term Debt % of Revenue i4.7%0.0%
Total Shareholders Equity i1.45B12.37B
Retained Earnings i-1.18B9.45B
Retained Earnings % of Revenue i-32.2%104.9%
Property, Plant & Equipment i685.88M0

Cash Flow Statement Comparison

MetricPSTG (2026)ANET (2025)
Operating Cash Flow i878.46M4.42B
Operating Cash Flow % of Revenue i24.0%49.1%
Capital Expenditures i-264.34M-119.50M
Free Cash Flow i615.74M4.25B
FCF Margin i16.8%47.2%
Debt Repayment i-103.53MN/A
Common Stock Repurchase i-342.65M-1.60B

Short Interest & Institutional Ownership Analysis

MetricPSTGANET
Shares Short i9.89M17.32M
Short Ratio i3.502.56
Short % of Float i3.71%1.66%
Shares Outstanding i326.10M1.26B
Float Shares i312.52M1.04B
% Held by Insiders i5.84%17.26%
% Held by Institutions i86.26%70.77%
% Held by Public i7.90%11.97%

Dividend Analysis & Yield Comparison: Pure Storage Inc. vs Arista Networks, Inc.

MetricPSTGANET
Last 12-Month Dividend iN/AN/A
Last 12-Month Dividend Yield iN/AN/A
3-Year Avg Annual Dividend iN/AN/A
3-Year Avg Dividend Yield iN/AN/A
3-Year Total Dividends iN/AN/A
Ex-Dividend DateN/AN/A