AMR vs. ANET

Last updated Jun 5, 2026

AMR (Alpha Metallurgical Resources, Inc.) and ANET (Arista Networks, Inc.) are both stocks. AMR operates in Coking Coal (Basic Materials), while ANET operates in Computer Hardware (Technology). Over the past 5 years, AMR returned 60.15%/yr vs 49.95%/yr for ANET. At a 0.14 correlation, their price movements are largely independent.

Performance

AMR vs. ANET - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Alpha Metallurgical Resources, Inc. (AMR) and Arista Networks, Inc. (ANET). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, AMR achieves a 7.67% return, which is significantly lower than ANET's 26.70% return.

AMR

• 1D: 1.14%
• 1M: 14.16%
• YTD: 7.67%
• 6M: 16.64%
• 1Y: 93.66%
• 3Y*: 14.91%
• 5Y*: 60.15%
• 10Y*: —

ANET

• 1D: -4.79%
• 1M: -2.47%
• YTD: 26.70%
• 6M: 29.14%
• 1Y: 74.86%
• 3Y*: 59.83%
• 5Y*: 49.95%
• 10Y*: 42.93%

*Multi-year figures are annualized to reflect compound growth (CAGR)

AMR vs. ANET - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
AMR Alpha Metallurgical Resources, Inc.	7.67%	-0.12%	-40.95%	133.87%	150.06%	436.94%	25.64%	-86.23%	10.71%	-4.69%
ANET Arista Networks, Inc.	26.70%	18.55%	87.73%	94.07%	-15.58%	97.89%	42.86%	-3.46%	-10.56%	78.78%

Correlation

The correlation between AMR and ANET is 0.07, meaning there is essentially no relationship between their price movements. Each responds to its own set of market drivers, making them strong candidates for combining in a diversified portfolio.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.07
Correlation (3Y) Calculated over the trailing 3-year period	0.11
Correlation (5Y) Calculated over the trailing 5-year period	0.12
Correlation (All Time) Calculated using the full available price history since Mar 27, 2017	0.14

Fundamentals

Market Cap AMR : $2.75B ANET : $211.46B
EPS AMR : -$3.00 ANET : $2.92
PS Ratio AMR : 1.31 ANET : 21.79
PB Ratio AMR : 1.82 ANET : 15.68
Total Revenue (TTM) AMR : $2.12B ANET : $9.71B
Gross Profit (TTM) AMR : $31.72M ANET : $6.17B
EBITDA (TTM) AMR : $128.60M ANET : $4.21B

Return for Risk

AMR vs. ANET — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

AMR

AMR Risk / Return Rank: 79
AMR Sharpe Ratio Rank: 82
AMR Sortino Ratio Rank: 80
AMR Omega Ratio Rank: 75
AMR Calmar Ratio Rank: 81
AMR Martin Ratio Rank: 79

ANET

ANET Risk / Return Rank: 77
ANET Sharpe Ratio Rank: 80
ANET Sortino Ratio Rank: 75
ANET Omega Ratio Rank: 74
ANET Calmar Ratio Rank: 80
ANET Martin Ratio Rank: 77

The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

AMR vs. ANET - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Alpha Metallurgical Resources, Inc. (AMR) and Arista Networks, Inc. (ANET). Risk-adjusted metrics are performance indicators that assess an investment's returns in relation to its risk, enabling a more accurate comparison of different investment options.

	AMR	ANET	Difference
Sharpe ratio: Return per unit of total volatility	1.55	1.42	+0.13
Sortino ratio: Return per unit of downside risk	2.31	2.00	+0.30
Omega ratio: Gain probability vs. loss probability	1.26	1.25	0.00
Calmar ratio: Return relative to maximum drawdown	2.70	2.66	+0.05
Martin ratio: Return relative to average drawdown	6.06	5.57	+0.49
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

AMR vs. ANET - Sharpe Ratio Comparison

The current AMR Sharpe Ratio is 1.55, which is comparable to the ANET Sharpe Ratio of 1.42. The chart below compares the historical Sharpe Ratios of AMR and ANET, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Sharpe Ratios by Period

	AMR	ANET	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	1.55	1.42	+0.13
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	1.01	1.07	-0.06
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	—	0.96	—
Sharpe Ratio (All Time) Calculated using the full available price history	0.21	0.84	-0.64

Drawdowns

AMR vs. ANET - Drawdown Comparison

The maximum AMR drawdown since its inception was -97.35%, which is greater than ANET's maximum drawdown of -52.20%. Use the drawdown chart below to compare losses from any high point for AMR and ANET.

Drawdown Indicators

	AMR	ANET	Difference
Max Drawdown Largest peak-to-trough decline	-97.35%	-52.20%	-45.15%
Max Drawdown (1Y) Largest decline over 1 year	-34.85%	-28.33%	-6.52%
Max Drawdown (3Y) Largest decline over 3 years	-77.51%	-50.42%	-27.09%
Max Drawdown (5Y) Largest decline over 5 years	-77.51%	-50.42%	-27.09%
Max Drawdown (10Y) Largest decline over 10 years	—	-52.20%	—
Current Drawdown Current decline from peak	-51.33%	-6.59%	-44.74%
Average Drawdown Average peak-to-trough decline	-40.34%	-15.40%	-24.94%
Ulcer Index Depth and duration of drawdowns from previous peaks	15.51%	13.48%	+2.03%

Volatility

AMR vs. ANET - Volatility Comparison

The current volatility for Alpha Metallurgical Resources, Inc. (AMR) is 19.30%, while Arista Networks, Inc. (ANET) has a volatility of 21.64%. This indicates that AMR experiences smaller price fluctuations and is considered to be less risky than ANET based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	AMR	ANET	Difference
Volatility (1M) Calculated over the trailing 1-month period	19.30%	21.64%	-2.34%
Volatility (6M) Calculated over the trailing 6-month period	40.42%	39.68%	+0.74%
Volatility (1Y) Calculated over the trailing 1-year period	60.76%	52.88%	+7.88%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	59.88%	47.09%	+12.79%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	73.71%	44.91%	+28.80%

Dividends

AMR vs. ANET - Dividend Comparison

Neither AMR nor ANET has paid dividends to shareholders.

Position	TTM	2025	2024	2023	2022
AMR Alpha Metallurgical Resources, Inc.	0.00%	0.00%	0.00%	0.57%	4.23%
ANET Arista Networks, Inc.	0.00%	0.00%	0.00%	0.00%	0.00%

Financials

AMR vs. ANET - Profitability Comparison

The chart below illustrates the profitability comparison between Alpha Metallurgical Resources, Inc. and Arista Networks, Inc. over time, highlighting three key metrics: Gross Profit Margin, Operating Margin, and Net Profit Margin.

AMR - Gross Margin

Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, Alpha Metallurgical Resources, Inc. reported a gross profit of 0.00 and revenue of 524.99M. Therefore, the gross margin over that period was 0.0%.

ANET - Gross Margin

Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, Arista Networks, Inc. reported a gross profit of 1.68B and revenue of 2.71B. Therefore, the gross margin over that period was 61.9%.

AMR - Operating Margin

Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, Alpha Metallurgical Resources, Inc. reported an operating income of -1.59M and revenue of 524.99M, resulting in an operating margin of -0.3%.

ANET - Operating Margin

Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, Arista Networks, Inc. reported an operating income of 1.16B and revenue of 2.71B, resulting in an operating margin of 42.7%.

AMR - Net Margin

Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, Alpha Metallurgical Resources, Inc. reported a net income of -11.03M and revenue of 524.99M, resulting in a net margin of -2.1%.

ANET - Net Margin

Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, Arista Networks, Inc. reported a net income of 1.02B and revenue of 2.71B, resulting in a net margin of 37.8%.

Frequently Asked Questions

Can I hold both AMR and ANET in my portfolio?

AMR and ANET have a correlation of 0.07, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, AMR or ANET?

ANET has higher volatility (21.64%) compared to AMR (19.30%). In terms of maximum drawdown, AMR dropped -97.35% vs ANET's -52.20%.

Which has better risk-adjusted returns?

AMR currently has the higher Sharpe Ratio (1.55 vs 1.42), meaning it's delivered slightly more return per unit of risk over the trailing 12 months. However, this ranking shifts over time - use the Risk/Return Score above for a more comprehensive view that combines Sharpe, Sortino, and other measures used by quantitative funds.