Arista Networks Statistics
Total Valuation
ANET has a market cap or net worth of $79.00 billion. The enterprise value is $75.40 billion.
| Market Cap | 79.00B |
| Enterprise Value | 75.40B |
Important Dates
The next confirmed earnings date is Tuesday, May 7, 2024, after market close.
| Earnings Date | May 7, 2024 |
| Ex-Dividend Date | n/a |
Share Statistics
ANET has 312.63 million shares outstanding. The number of shares has increased by 0.21% in one year.
| Shares Outstanding | 312.63M |
| Shares Change (YoY) | +0.21% |
| Shares Change (QoQ) | +0.38% |
| Owned by Insiders (%) | 18.55% |
| Owned by Institutions (%) | 70.39% |
| Float | 255.24M |
Valuation Ratios
The trailing PE ratio is 38.65 and the forward PE ratio is 33.26. ANET's PEG ratio is 2.32.
| PE Ratio | 38.65 |
| Forward PE | 33.26 |
| PS Ratio | 13.72 |
| Forward PS | 11.93 |
| PB Ratio | 11.14 |
| P/FCF Ratio | 40.21 |
| PEG Ratio | 2.32 |
Enterprise Valuation
The stock's EV/EBITDA ratio is 30.03, with an EV/FCF ratio of 37.71.
| EV / Earnings | 36.12 |
| EV / Sales | 12.87 |
| EV / EBITDA | 30.03 |
| EV / EBIT | 31.13 |
| EV / FCF | 37.71 |
Financial Position
The company has a current ratio of 4.39, with zero debt.
| Current Ratio | 4.39 |
| Quick Ratio | 3.16 |
| Debt / Equity | n/a |
| Debt / EBITDA | n/a |
| Debt / FCF | n/a |
| Interest Coverage | n/a |
Financial Efficiency
Return on equity (ROE) is 33.50% and return on invested capital (ROIC) is 26.95%.
| Return on Equity (ROE) | 33.50% |
| Return on Assets (ROA) | 24.00% |
| Return on Capital (ROIC) | 26.95% |
| Revenue Per Employee | $1.46M |
| Profits Per Employee | $518,847 |
| Employee Count | 4,023 |
| Asset Turnover | 0.68 |
| Inventory Turnover | 1.38 |
Taxes
In the past 12 months, ANET has paid $334.71 million in taxes.
| Income Tax | 334.71M |
| Effective Tax Rate | 13.82% |
Stock Price Statistics
The stock price has increased by +61.08% in the last 52 weeks. The beta is 1.11, so ANET's price volatility has been higher than the market average.
| Beta (1Y) | 1.11 |
| 52-Week Price Change | +61.08% |
| 50-Day Moving Average | 280.55 |
| 200-Day Moving Average | 224.10 |
| Relative Strength Index (RSI) | 34.51 |
| Average Volume (30 Days) | 2,641,230 |
Short Selling Information
The latest short interest is 2.87 million, so 0.92% of the outstanding shares have been sold short.
| Short Interest | 2.87M |
| Short Previous Month | 3.70M |
| Short % of Shares Out | 0.92% |
| Short % of Float | 1.12% |
| Short Ratio (days to cover) | 1.06 |
Income Statement
In the last 12 months, ANET had revenue of $5.86 billion and earned $2.09 billion in profits. Earnings per share was $6.58.
| Revenue | 5.86B |
| Gross Profit | 3.63B |
| Operating Income | 2.26B |
| Pretax Income | 2.42B |
| Net Income | 2.09B |
| EBITDA | 2.51B |
| EBIT | 2.42B |
| Earnings Per Share (EPS) | $6.58 |
Balance Sheet
The company has $5.01 billion in cash and no debt, giving a net cash position of $5.01 billion or $16.02 per share.
| Cash & Cash Equivalents | 5.01B |
| Total Debt | n/a |
| Net Cash | 5.01B |
| Net Cash Per Share | $16.02 |
| Equity / Book Value | 7.22B |
| Book Value Per Share | 23.09 |
| Working Capital | 6.48B |
Cash Flow
In the last 12 months, operating cash flow was $2.03 billion and capital expenditures -$34.43 million, giving a free cash flow of $2.00 billion.
| Operating Cash Flow | 2.03B |
| Capital Expenditures | -34.43M |
| Free Cash Flow | 2.00B |
| FCF Per Share | $6.46 |
Margins
Gross margin is 61.95%, with operating and profit margins of 38.52% and 35.62%.
| Gross Margin | 61.95% |
| Operating Margin | 38.52% |
| Pretax Margin | 41.33% |
| Profit Margin | 35.62% |
| EBITDA Margin | 42.85% |
| EBIT Margin | 41.33% |
| FCF Margin | 34.12% |
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 | -0.21% |
| Shareholder Yield | -0.21% |
| Earnings Yield | 2.60% |
| FCF Yield | 2.49% |
Analyst Forecast
The average price target for ANET is $274.28, which is 8.49% higher than the current price. The consensus rating is "Buy".
| Price Target | $274.28 |
| Price Target Difference | 8.49% |
| Analyst Consensus | Buy |
| Analyst Count | 19 |
| Revenue Growth Forecast (5Y) | 10.88% |
| EPS Growth Forecast (5Y) | 10.85% |
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 20.58 and a Piotroski F-Score of 5.
| Altman Z-Score | 20.58 |
| Piotroski F-Score | 5 |