Arista Networks, Inc. (ANET)

NYSE: ANET · Real-Time Price · USD

204.92

-1.63 (-0.79%)

At close: Sep 28, 2026, 4:00 PM EDT

207.02

+2.10 (1.02%)

Pre-market: Sep 29, 2026, 9:16 AM EDT

Arista Networks Ratios and Metrics

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

Millions USD. Fiscal year is Jan - Dec.

Total Valuation

Fiscal Year	Current	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Sep '26 Sep 28, 2026	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Market Capitalization	258,450	165,004	139,241	73,267	37,081	44,172
Market Cap Growth	44.30%	18.50%	90.05%	97.59%	-16.05%	100.92%
Enterprise Value	245,107	154,898	131,883	68,860	34,178	40,847
Last Close Price	204.92	131.03	110.53	58.88	30.34	35.94

Price Ratios

Fiscal Year	Current	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Sep '26 Sep 28, 2026	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
PE Ratio	64.85	46.99	48.82	35.10	27.42	52.53
Forward PE	44.12	40.86	46.87	33.56	23.53	44.18
PS Ratio	24.52	18.32	19.88	12.50	8.46	14.98
PB Ratio	17.47	13.34	13.93	10.15	7.59	11.10
P/TBV Ratio	18.30	14.15	14.41	10.68	8.24	11.95
P/FCF Ratio	50.13	38.80	37.88	36.64	82.74	46.44
P/OCF Ratio	48.70	37.74	37.55	36.02	75.24	43.48
PEG Ratio	1.85	1.86	2.49	1.86	1.05	2.26

EV Ratios

Fiscal Year	Current	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Sep '26 Sep 28, 2026	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
EV/Sales Ratio	23.25	17.20	18.83	11.75	7.80	13.86
EV/EBITDA Ratio	52.83	39.43	43.86	29.58	21.50	41.89
EV/EBIT Ratio	53.91	40.17	44.79	30.51	22.38	44.17
EV/FCF Ratio	47.54	36.43	35.88	34.44	76.26	42.95

Financial Efficiency

Fiscal Year	Current	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Sep '26 Sep 28, 2026	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Debt / Equity Ratio	-	0.01	-	0.01	0.01	0.02
Debt / EBITDA Ratio	-	0.02	-	0.03	0.04	0.08
Debt / FCF Ratio	-	0.02	-	0.03	0.14	0.08
Net Debt / Equity Ratio	-0.90	-0.86	-0.83	-0.68	-0.61	-0.84
Net Debt / EBITDA Ratio	-2.88	-2.71	-2.76	-2.12	-1.86	-3.42
Net Debt / FCF Ratio	-2.59	-2.50	-2.26	-2.47	-6.60	-3.50
Asset Turnover	0.52	0.54	0.58	0.70	0.70	0.56
Inventory Turnover	1.70	1.59	1.33	1.31	1.59	1.79
Quick Ratio	2.29	2.35	3.46	3.15	3.05	3.54
Current Ratio	2.96	3.05	4.36	4.38	4.29	4.34
Return on Equity (ROE)	31.48%	31.40%	33.14%	34.49%	30.51%	23.04%
Return on Assets (ROA)	14.12%	14.39%	15.34%	16.86%	15.26%	11.04%
Return on Invested Capital (ROIC)	284.77%	186.91%	129.65%	92.58%	101.49%	141.02%
Return on Capital Employed (ROCE)	26.90%	27.40%	26.00%	28.10%	27.90%	20.00%

Yields

Fiscal Year	Current	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Sep '26 Sep 28, 2026	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Earnings Yield	1.56%	2.13%	2.05%	2.85%	3.65%	1.90%
FCF Yield	1.99%	2.58%	2.64%	2.73%	1.21%	2.15%
Buyback Yield / Dilution	0.26%	0.42%	-0.99%	-0.21%	0.87%	-0.43%

SEC Filings: 10-K · 10-Q