Arista Networks Statistics
Total Valuation
ANET has a market cap or net worth of $111.87 billion. The enterprise value is $106.42 billion.
| Market Cap | 111.87B |
| Enterprise Value | 106.42B |
Important Dates
The next estimated earnings date is Monday, July 29, 2024, after market close.
| Earnings Date | Jul 29, 2024 |
| Ex-Dividend Date | n/a |
Share Statistics
ANET has 313.36 million shares outstanding. The number of shares has increased by 1.36% in one year.
| Shares Outstanding | 313.36M |
| Shares Change (YoY) | +1.36% |
| Shares Change (QoQ) | +0.32% |
| Owned by Insiders (%) | 18.25% |
| Owned by Institutions (%) | 69.91% |
| Float | 256.30M |
Valuation Ratios
The trailing PE ratio is 49.72 and the forward PE ratio is 44.50. ANET's PEG ratio is 2.32.
| PE Ratio | 49.72 |
| Forward PE | 44.50 |
| PS Ratio | 18.40 |
| Forward PS | 15.93 |
| PB Ratio | 14.23 |
| P/FCF Ratio | 52.40 |
| PEG Ratio | 2.32 |
Enterprise Valuation
The stock's EV/EBITDA ratio is 38.96, with an EV/FCF ratio of 49.84.
| EV / Earnings | 46.50 |
| EV / Sales | 17.50 |
| EV / EBITDA | 38.96 |
| EV / EBIT | 40.19 |
| EV / FCF | 49.84 |
Financial Position
The company has a current ratio of 5.01, with zero debt.
| Current Ratio | 5.01 |
| Quick Ratio | 3.67 |
| Debt / Equity | n/a |
| Debt / EBITDA | n/a |
| Debt / FCF | n/a |
| Interest Coverage | n/a |
Financial Efficiency
Return on equity (ROE) is 33.40% and return on invested capital (ROIC) is 26.74%.
| Return on Equity (ROE) | 33.40% |
| Return on Assets (ROA) | 24.20% |
| Return on Capital (ROIC) | 26.74% |
| Revenue Per Employee | $1.51M |
| Profits Per Employee | $568,864 |
| Employee Count | 4,023 |
| Asset Turnover | 0.64 |
| Inventory Turnover | 1.22 |
Taxes
In the past 12 months, ANET has paid $359.52 million in taxes.
| Income Tax | 359.52M |
| Effective Tax Rate | 13.58% |
Stock Price Statistics
The stock price has increased by +123.27% in the last 52 weeks. The beta is 1.08, so ANET's price volatility has been similar to the market average.
| Beta (5Y) | 1.08 |
| 52-Week Price Change | +123.27% |
| 50-Day Moving Average | 304.75 |
| 200-Day Moving Average | 255.75 |
| Relative Strength Index (RSI) | 74.19 |
| Average Volume (20 Days) | 2,351,410 |
Short Selling Information
The latest short interest is 4.42 million, so 1.41% of the outstanding shares have been sold short.
| Short Interest | 4.42M |
| Short Previous Month | 3.42M |
| Short % of Shares Out | 1.41% |
| Short % of Float | 1.73% |
| Short Ratio (days to cover) | 1.96 |
Income Statement
In the last 12 months, ANET had revenue of $6.08 billion and earned $2.29 billion in profits. Earnings per share was $7.18.
| Revenue | 6.08B |
| Gross Profit | 3.83B |
| Operating Income | 2.43B |
| Pretax Income | 2.65B |
| Net Income | 2.29B |
| EBITDA | 2.73B |
| EBIT | 2.65B |
| Earnings Per Share (EPS) | $7.18 |
Balance Sheet
The company has $5.45 billion in cash and no debt, giving a net cash position of $5.45 billion or $17.39 per share.
| Cash & Cash Equivalents | 5.45B |
| Total Debt | n/a |
| Net Cash | 5.45B |
| Net Cash Per Share | $17.39 |
| Equity (Book Value) | 7.86B |
| Book Value Per Share | 25.09 |
| Working Capital | 7.14B |
Cash Flow
In the last 12 months, operating cash flow was $2.17 billion and capital expenditures -$38.20 million, giving a free cash flow of $2.14 billion.
| Operating Cash Flow | 2.17B |
| Capital Expenditures | -38.20M |
| Free Cash Flow | 2.14B |
| FCF Per Share | $6.82 |
Margins
Gross margin is 62.94%, with operating and profit margins of 40.01% and 37.64%.
| Gross Margin | 62.94% |
| Operating Margin | 40.01% |
| Pretax Margin | 43.55% |
| Profit Margin | 37.64% |
| EBITDA Margin | 44.93% |
| EBIT Margin | 43.55% |
| FCF Margin | 35.12% |
Dividends & Yields
ANET does not appear to pay any dividends at this time.
| Dividend Per Share | n/a |
| Dividend Yield | n/a |
| Dividend Growth (YoY) | n/a |
| Years of Dividend Growth | n/a |
| Payout Ratio | n/a |
| Buyback Yield | -1.36% |
| Shareholder Yield | -1.36% |
| Earnings Yield | 2.05% |
| FCF Yield | 1.91% |
Analyst Forecast
The average price target for ANET is $311.30, which is -12.80% lower than the current price. The consensus rating is "Buy".
| Price Target | $311.30 |
| Price Target Difference | -12.80% |
| Analyst Consensus | Buy |
| Analyst Count | 22 |
| Revenue Growth Forecast (5Y) | 17.71% |
| EPS Growth Forecast (5Y) | 19.42% |
Stock Splits
The last stock split was on November 18, 2021. It was a forward split with a ratio of 4:1.
| Last Split Date | Nov 18, 2021 |
| Split Type | Forward |
| Split Ratio | 4:1 |
Scores
ANET has an Altman Z-Score of 27.95 and a Piotroski F-Score of 5.
| Altman Z-Score | 27.95 |
| Piotroski F-Score | 5 |