AAOI vs VIAV

Comparison between Applied Optoelectronics Inc (AAOI, Company) and Viavi Solutions Inc (VIAV, Company).

Both AAOI and VIAV are from the Technology sector.

5-Year PerformanceAAOI has outperformed VIAV, delivering a return of +77.3% compared to +23.1%

AAOI vs VIAV - Performance Comparison

Log

Key Characteristics

Financial metrics and valuation ratios

Metric	AAOI(COMPANY)	VIAV(COMPANY)
Market Cap	$12B	$12B
Max Drawdown	98.49%	62.88%
Sharpe Ratio	1.98	2.80
5Y Beta	3.78	1.20
Industry	Communication Equipment	Communication Equipment
P/E Ratio	-237.69	-205.05
Forward P/E	84.03	40.00
5Y EPS CAGR	-23.67%	N/A
Debt to Equity	3.73%	127.68%
Free Cash Flow Yield	-3.60%	0.39%

Market Cap

Winner

AAOI

$12B

VIAV

$12B

Max Drawdown

AAOI

98.49%

Winner

VIAV

62.88%

Sharpe Ratio

AAOI

1.98

Winner

VIAV

2.80

5Y Beta

AAOI

3.78

Winner

VIAV

1.20

Industry

AAOI

Communication Equipment

VIAV

Communication Equipment

P/E Ratio

Winner

AAOI

-237.69

VIAV

-205.05

Forward P/E

AAOI

84.03

Winner

VIAV

40.00

5Y EPS CAGR

AAOI

-23.67%

VIAV

N/A

Debt to Equity

Winner

AAOI

3.73%

VIAV

127.68%

Free Cash Flow Yield

AAOI

-3.60%

Winner

VIAV

0.39%

AAOI vs VIAV - Historical Returns

Returns include dividend reinvestment.

Period	AAOI	VIAV
1 month	-19.02%	-0.20%
3 months	+29.03%	+37.48%
6 months	+258.46%	+170.59%
1 year	+531.04%	+398.59%
5 years(CAGR)	+77.27%	+23.10%
10 years(CAGR)	+31.08%	+22.10%
Max(CAGR)	+23.52%	+20.93%

AAOI

-19.02%

Winner

VIAV

-0.20%

AAOI

+29.03%

Winner

VIAV

+37.48%

Winner

AAOI

+258.46%

VIAV

+170.59%

Winner

AAOI

+531.04%

VIAV

+398.59%

5Y(CAGR)

Winner

AAOI

+77.27%

VIAV

+23.10%

10Y(CAGR)

Winner

AAOI

+31.08%

VIAV

+22.10%

Max(CAGR)

Winner

AAOI

+23.52%

VIAV

+20.93%

AAOI vs VIAV - Annual Returns (2013 - 2026)

Returns include dividend reinvestment.

Year	AAOI	VIAV
2026	+271.14%	+172.23%
2025	-2.08%	+76.44%
2024	+97.22%	+0.90%
2023	+927.66%	-5.53%
2022	-64.14%	-41.05%
2021	-41.32%	+19.54%
2020	-31.92%	-2.16%
2019	-25.19%	+51.06%
2018	-59.30%	+12.17%
2017	+63.72%	+4.55%
2016	+43.89%	+34.32%
2015	+59.04%	-2.40%
2014	-23.31%	N/A
2013	+50.70%	N/A

AAOI vs VIAV Drawdown Comparison

The maximum drawdown for AAOI was -98.49%, occurring on Jul 11, 2022. Recovery took 2156 trading sessions.

The maximum drawdown for VIAV was -62.88%, occurring on Jun 26, 2024. Recovery took 1098 trading sessions.

The current AAOI drawdown is -34.12%. The current VIAV drawdown is -10.70%.

Rank	AAOI	VIAV
#1	-98.49% Aug 1, 2017 - Mar 2, 2026	-62.88% Jun 28, 2021 - Nov 10, 2025
#2	-69.44% Mar 10, 2014 - Jan 12, 2017	-44.13% Nov 1, 2019 - Jan 20, 2021
#3	-34.12% May 13, 2026 - Jun 24, 2026	-27.79% May 12, 2017 - Oct 1, 2018
#4	-33.40% Mar 11, 2026 - Apr 8, 2026	-27.57% Nov 6, 2015 - Feb 26, 2016
#5	-31.83% Mar 27, 2017 - May 9, 2017	-26.49% Oct 3, 2018 - Feb 15, 2019
#6	-21.75% Jun 2, 2017 - Jul 13, 2017	-21.13% Mar 2, 2026 - Mar 24, 2026
#7	-20.81% Dec 11, 2013 - Feb 20, 2014	-17.65% Aug 5, 2015 - Nov 3, 2015
#8	-18.84% May 1, 2026 - May 11, 2026	-16.09% May 1, 2026 - Jun 9, 2026
#9	-16.03% Apr 20, 2026 - Apr 30, 2026	-14.65% Mar 25, 2026 - Apr 7, 2026
#10	-13.09% Mar 7, 2017 - Mar 24, 2017	-13.16% May 6, 2019 - Jul 1, 2019
#11	-9.60% Oct 22, 2013 - Nov 29, 2013	-13.04% Mar 27, 2017 - May 5, 2017
#12	-7.11% Feb 21, 2014 - Feb 28, 2014	-12.57% Dec 11, 2025 - Jan 26, 2026
#13	-6.99% Mar 2, 2026 - Mar 9, 2026	-12.33% Nov 10, 2025 - Dec 5, 2025
#14	-6.95% Apr 13, 2026 - Apr 16, 2026	-11.24% Apr 1, 2016 - Jun 10, 2016
#15	-6.67% Nov 29, 2013 - Dec 6, 2013	-10.41% Feb 15, 2017 - Mar 20, 2017