Arista Networks, Inc. (ANET)

Arista Networks Ratios and Metrics

Market cap in millions USD. Fiscal year is January - December.

Fiscal Year	Current	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Dec 11, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Market Capitalization	169,235	139,241	73,267	37,081	44,172	21,985
Market Cap Growth	32.20%	90.05%	97.59%	-16.05%	100.92%	41.48%
Enterprise Value	159,129	131,883	68,860	34,178	40,847	19,214
Last Close Price	134.39	110.53	58.88	30.34	35.94	18.16
PE Ratio	51.11	48.82	35.10	27.42	52.53	34.65
Forward PE	41.98	46.87	33.56	23.53	44.18	30.47
PS Ratio	20.02	19.88	12.50	8.46	14.98	9.49
PB Ratio	14.21	13.93	10.15	7.59	11.10	6.62
P/TBV Ratio	15.13	14.41	10.68	8.24	11.95	7.31
P/FCF Ratio	41.83	37.88	36.64	82.74	46.44	30.55
P/OCF Ratio	40.87	37.55	36.02	75.24	43.48	29.91
PEG Ratio	1.91	2.49	1.86	1.05	2.26	1.76
EV/Sales Ratio	18.84	18.83	11.75	7.80	13.86	8.29
EV/EBITDA Ratio	43.35	44.11	29.58	21.50	41.89	26.00
EV/EBIT Ratio	43.92	44.79	30.51	22.38	44.17	27.30
EV/FCF Ratio	39.33	35.88	34.44	76.26	42.95	26.70
Debt / Equity Ratio	-	0.01	0.01	0.01	0.02	0.03
Debt / EBITDA Ratio	-	0.02	0.03	0.04	0.08	0.12
Debt / FCF Ratio	-	0.02	0.03	0.14	0.08	0.13
Asset Turnover	0.55	0.58	0.70	0.70	0.56	0.52
Inventory Turnover	1.49	1.33	1.31	1.59	1.79	2.21
Quick Ratio	2.49	3.46	3.15	3.05	3.54	4.25
Current Ratio	3.25	4.36	4.38	4.29	4.34	5.00
Return on Equity (ROE)	31.74%	33.14%	34.49%	30.51%	23.04%	20.42%
Return on Assets (ROA)	14.66%	15.34%	16.86%	15.26%	11.04%	9.86%
Return on Capital (ROIC)	21.34%	21.23%	23.06%	21.20%	15.48%	13.74%
Return on Capital Employed (ROCE)	27.10%	26.00%	28.10%	27.90%	20.00%	17.70%
Earnings Yield	1.98%	2.05%	2.85%	3.65%	1.90%	2.89%
FCF Yield	2.39%	2.64%	2.73%	1.21%	2.15%	3.27%
Buyback Yield / Dilution	0.11%	-0.99%	-0.21%	0.87%	-0.43%	1.75%

Updated Nov 4, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.

SEC Filings: 10-K · 10-Q