🇺🇸 US Stock Screener ← Switch market ⚡ HerAI

Arista Networks, Inc. ANET SPXR3KAITECH

Technology · Computer Hardware · United States
https://www.arista.com
Company Profile ↓
$171.07
+23.95% 1Y
Mkt Cap$215.76B
P/E53.97
P/B18.47
52W High$216.74
52W Low$116.13
Book Value$11.73
EPS (TTM)$3.17

Company Overview

Arista Networks, Inc. engages in the development, marketing, and sale of data-driven, client to cloud networking solutions for AI, data center, campus, and routing environments in the Americas, Europe, the Middle East, Africa, and the Asia-Pacific. Its cloud networking solutions consist of Extensible Operating System (EOS), a publish-subscribe state-sharing networking operating system offered in combination with a set of network applications. The company offers data center, cloud and AI networking, cognitive adjacencies, and cognitive network software and services. It also provides post contract customer support services, such as technical support, hardware repair and replacement parts beyond standard warranty, bug fixes, patches, and upgrade services. The company serves a range of industries comprising internet companies, cloud service providers, financial services organizations, government agencies, media and entertainment, healthcare, oil and gas, education, manufacturing, industrial, and others. It markets and sells its products through distributors, system integrators, value-added resellers, and original equipment manufacturer partners, as well as through its direct sales force. Arista Networks, Inc. was formerly known as Arastra, Inc. and changed its name to Arista Networks, Inc. in October 2008. The company was incorporated in 2004 and is headquartered in Santa Clara, California.

Why Investors Should Care

Strong Return on Equity

Generates a return on equity of 31.5%, reflecting efficient use of shareholder capital.

Healthy Capital Returns

Return on capital employed stands at 27.4%.

Consistent Profit Growth

Net profit has compounded at 53.0% per year over the last five years.

Steady Revenue Expansion

Revenue has grown at a 37.7% CAGR over the past five years.

Healthy Margins

Maintains a net profit margin of 38.4%.

Conservative Balance Sheet

Carries low leverage with a debt-to-equity ratio of 0.36.

Recent Developments

  • Dec 2025 Revenue of $9.01B (+28.6% YoY); net profit $3.51B.
  • Trailing 12 Months Year-on-year growth — revenue +37.7%, earnings +35.7%.
  • 5-Year Trend Long-term compounding — revenue CAGR 37.7%, profit CAGR 53.0%.

Growth & Price Performance

Compounded Sales Growth

5 Years:37.72%
1 Year:37.70%

Compounded Profit Growth

5 Years:52.99%
1 Year:35.70%

Stock Price Performance

1 Year:+23.95%
6 Months:-0.86%
3 Months:-1.68%
1 Month:-15.92%

Highlights auto-generated from reported financials and price data; not investment advice. Verify with official filings before acting.

AI Exposure AI AI Networking
Core Focus

400/800G Ethernet switches for AI back-end fabrics; Etherlink architecture vs InfiniBand.

Key Initiatives
  • AI networking for data centres Arista's high-speed Ethernet switches and EOS software connect GPU clusters — its AI back-end networking is a major growth driver with large hyperscaler deployments.
  • Ultra Ethernet & AI fabrics Arista is a leader in Ethernet-based AI fabrics, positioned as the open alternative to InfiniBand for large AI clusters.
  • AI-driven network operations EOS and CloudVision use telemetry and analytics to automate and optimise large networks.
Why Investors Should Care
  • Premier AI-data-centre networking play with ~38% net margins and ROE ~32%.
  • Ethernet-for-AI adoption is a multi-year tailwind tied to GPU-cluster scaling.
  • Strong free cash flow and a net-cash balance sheet.
  • Hyperscaler customer concentration and competition (NVIDIA, Cisco) are key risks.
AI InvestmentSignificant ASIC + EOS software R&D.
AI RevenueAI back-end revenue scaling; major Meta/Microsoft wins.
ROI (Now)Operating margin >40% (best-in-class).
ROI (Expected)AI cluster Ethernet share gain from InfiniBand.

Curated from public filings and analyst commentary; figures are illustrative.

⚙Ad space

Price Chart

Robinhood TradingView

Fundamental Growth Charts

Interactive charts for Revenue, Net Income, EBITDA, Free Cash Flow, EPS, ROE, ROCE, Gross/Net/Operating Margin and more — switch metric and period using the dropdowns above. CAGR is computed across the displayed window (quarterly CAGR is annualised). Visual growth charts make it easy to spot multi-year compounding trends at a glance — far faster than reading raw numbers in a table.

PROS

  • Strong return on equity of 31.5%.
  • Healthy ROCE of 27.4%.
  • Excellent profit margin of 38.4%.
  • Compounding revenue at 37.7% over 5 years.
  • Profit CAGR of 53.0% over 5 years.
  • Generates positive free cash flow.

CONS

  • Trading at a high P/E of 54.0.

* The pros and cons are auto-generated from financial metrics.

⚙Ad space

Valuation

Stock P/E
53.97
Industry PE
30.05
Forward P/E
32.79
PEG Ratio
1.61
Book Value
$11.73
Price to Book
18.47
P/S
25.93
EV/EBITDA
55.80
Dividend Yield
0.00%

Growth (CAGR)

Revenue 5Y
37.72%
Profit 5Y
52.99%
Revenue (YoY)
37.70%
Earnings (YoY)
35.70%

Profitability & Returns

ROCE
27.40%
ROE
31.48%
ROA
14.12%
Profit Margin
38.37%
Op Margin
45.39%
Gross Margin
63.00%
EPS (Latest Qtr)
$0.95
EPS (TTM)
$3.17

Balance Sheet & Liquidity

Debt/Equity
0.36
Quick Ratio
2.29
Current Ratio
2.96
Debt
$0
Total Assets
$23.72B
Current Assets
$18.56B
Working Capital
$11.01B

Ownership

Promoter Holding
17.25%
Chg in Prom Hold
-0.00%
FII / Inst Holding
73.32%
Chg in FII Hold
-0.01%

Financial Snapshot

Enterprise Value
$215.76B
Total Revenue (TTM)
$10.54B
EBITDA
$4.64B
Free Cash Flow
$3.89B
Operating Cash Flow
$5.31B
Shares Outstanding
1.26B
Gross Margin
63.00%
Payout Ratio
0.00%

Peer comparison

Peer companies in the same sector (Technology).

#NameCMP $P/E Mkt CapDiv Yld % ROCE %ROE % Rev CAGR 5Y %Profit CAGR 5Y %
1 ANET Arista Networks, Inc. SPXR3KAITECH 171.07 53.97 $215.76B 0.00% 27.40% 31.48% 37.72% 52.99%
2 NVDA NVIDIA Corporation NDXSPXR3KAITECH 212.21 26.79 $5.12T 0.46% 74.66% 117.21% 24.64% 32.12%
3 AAPL Apple Inc. NDXSPXR3KTECH 348.22 39.93 $5.08T 0.32% 68.72% 148.75% 1.81% 3.92%
4 MSFT Microsoft Corporation NDXSPXR3KAITECH 521.08 29.00 $3.87T 0.79% 26.33% 34.04% 9.93% 11.90%
5 TSM Taiwan Semiconductor Manufacturing Company Limited AITECH 412.35 30.73 $2.14T 0.95% 30.20% 39.97% 18.94% 19.57%
6 AVGO Broadcom Inc. NDXSPXR3KAITECH 323.24 41.28 $1.54T 0.72% 16.70% 44.25% 17.04% 54.08%
7 MU Micron Technology, Inc. NDXSPXR3KAITECH 856.49 19.34 $967.31B 0.05% 13.69% 66.64% 13.68% 26.02%
8 AMD Advanced Micro Devices, Inc. NDXSPXR3KAITECH 507.93 129.57 $829.18B 0.00% 5.47% 10.20% 11.81% 66.28%
9 ASML ASML Holding N.V. NDXAITECH 1,560.54 50.65 $599.40B 0.50% 42.97% 53.94% 15.55% 19.55%
Financial Statements Quarterly Results · Profit & Loss · Balance Sheet · Cash Flows · Ratios

Quarterly Results

Figures in USD.

Metric Sep 2015Dec 2015Mar 2016Jun 2016Sep 2016Dec 2016Mar 2017Jun 2017Sep 2017Dec 2017Mar 2018Jun 2018Sep 2018Dec 2018Mar 2019Jun 2019Sep 2019Dec 2019Mar 2020Jun 2020Sep 2020Dec 2020Mar 2021Jun 2021Sep 2021Mar 2022Jun 2022Sep 2022Mar 2023Jun 2023Sep 2023Mar 2024Jun 2024Sep 2024Mar 2025Jun 2025Sep 2025Dec 2025Mar 2026Jun 2026
Revenue ------335.48M405.21M437.63M467.87M472.49M519.85M563.31M595.73M595.42M608.32M654.41M552.55M523.03M540.57M605.43M648.48M667.56M707.32M748.70M877.07M1.05B1.18B1.35B1.46B1.51B1.57B1.69B-2.00B2.20B2.31B2.49B2.71B3.04B
Cost of Revenue ----------------------------------728.70M766.20M818.10M924.00M1.03B-
Gross Profit 141.75M156.17M155.09M171.45M186.42M210.16M214.21M259.78M280.62M307.17M302.92M333.88M361.58M374.99M380.57M390.19M417.27M356.30M338.25M344.09M384.96M414.58M425.27M454.18M478.62M553.85M643.26M709.98M804.51M884.13M942.42M1.00B1.10B-1.28B1.44B1.49B1.56B1.68B1.91B
Operating Expenses ----------------------------------417.30M452.40M512.00M530.90M519.00M-
Operating Income 31.30M49.40M49.73M53.16M63.02M77.50M73.42M116.63M140.83M139.39M138.74M-239.80M180.77M193.64M194.34M206.84M228.61M175.99M149.66M166.99M188.40M194.64M206.29M219.37M233.29M277.99M362.85M417.35M484.58M530.06M602.70M660.20M699.60M-858.80M986.20M978.20M1.03B1.16B1.38B
EBITDA ----------------------------------872.60M999.00M1.00B1.06B1.18B-
Interest Expense ----------------------------------------
Pretax Income ----------------------------------955.00M1.08B1.08B1.14B1.27B-
Tax Provision ----------------------------------141.20M191.40M224.10M181.60M248.50M-
Net Income 28.69M43.92M35.24M38.90M51.26M58.78M82.96M102.69M133.72M103.83M144.54M-155.27M168.52M170.32M201.03M189.25M208.90M260.69M138.43M144.79M168.38M182.96M180.37M196.89M224.31M272.26M299.10M354.00M436.47M491.88M545.33M637.70M665.40M-813.80M888.80M853.00M955.80M1.02B1.21B
Diluted EPS 0.390.600.480.530.690.791.071.301.681.291.79-2.082.082.102.472.332.593.251.731.832.122.310.570.620.700.850.941.131.381.551.720.500.52-0.640.700.670.750.800.95
R&D Expense 58.75M57.41M62.52M69.02M70.65M71.40M81.61M81.19M79.61M107.18M102.36M104.08M117.59M118.44M119.67M114.30M118.73M110.06M113.15M111.54M128.05M133.85M132.49M143.29M153.09M172.01M178.16M187.81M201.41M229.68M212.35M208.40M267.50M235.80M266.40M296.50M326.00M-343.70M348.20M

Profit & Loss (Annual)

Figures in USD.

Metric Dec 2012Dec 2013Dec 2014Dec 2015Dec 2016Dec 2017Dec 2018Dec 2019Dec 2020Dec 2021Dec 2022Dec 2023Dec 2024Dec 2025
Revenue 193.41M361.22M584.11M837.59M1.13B1.65B2.15B2.41B2.32B-4.38B5.86B7.00B9.01B
Cost of Revenue ---------1.07B1.71B2.23B2.51B-
Gross Profit 132.16M238.54M392.09M543.56M723.12M1.06B1.37B1.54B1.48B-2.68B3.63B4.49B5.77B
Operating Expenses ----------1.15B1.37B1.55B1.91B
Operating Income 39.90M66.15M125.51M149.31M243.41M470.27M273.35M805.77M699.68M-1.53B2.26B2.94B3.86B
EBITDA ----------1.59B2.33B3.01B3.93B
Interest Expense --------------
Pretax Income ----------1.58B2.42B3.27B4.25B
Tax Provision ----------229.35M334.70M413.00M738.30M
Net Income 21.35M42.46M86.85M121.10M184.19M423.20M328.12M859.87M634.56M-1.35B2.09B2.85B3.51B
Diluted EPS 0.390.721.291.672.505.354.062.662.00-1.071.652.232.75
R&D Expense 55.16M98.59M148.91M209.45M273.58M349.59M442.47M462.76M486.59M586.75M728.39M854.90M996.70M1.24B

Balance Sheet (Annual)

Figures in USD.

Metric Dec 2011Dec 2012Dec 2013Dec 2014Dec 2015Dec 2016Dec 2017Dec 2018Dec 2019Dec 2020Dec 2021Dec 2022Dec 2023Dec 2024Dec 2025
Total Assets --364.52M811.02M1.16B1.73B2.46B3.08B4.19B4.74B-6.78B9.96B14.04B19.45B
Current Assets -----------5.55B8.40B11.91B16.39B
Cash & Equivalents 70.72M88.66M113.66M240.03M687.33M567.92M859.19M649.95M1.11B893.22M-671.71M1.94B2.76B1.96B
Inventory -----------1.29B1.95B1.83B2.25B
Receivables ----------516.51M923.10M1.03B1.14B-
Total Liabilities --286.79M255.37M371.74M621.19M798.95M938.59M1.29B1.42B-1.89B2.74B4.05B7.08B
Current Liabilities --209.34M144.37M235.01M459.55M529.90M606.50M597.07M768.24M-1.29B1.92B2.73B5.38B
Long Term Debt --0------------
Total Debt ----------56.53M43.96M---
Total Equity -8.19M18.91M77.73M555.66M788.15M1.11B1.66B2.14B2.89B3.32B-4.89B7.22B9.99B12.37B
Shares Outstanding -----------1.23B1.25B1.26B1.26B

Cash Flows (Annual)

Figures in USD.

Metric Dec 2012Dec 2013Dec 2014Dec 2015Dec 2016Dec 2017Dec 2018Dec 2019Dec 2020Dec 2021Dec 2022Dec 2023Dec 2024Dec 2025
Operating Cash Flow 26.31M34.65M131.88M237.78M174.29M631.63M503.12M963.03M735.11M-492.81M2.03B3.71B4.37B
Investing Cash Flow -12.35M-19.49M-249.36M184.17M-325.77M-391.32M-755.11M-284.07M-608.80M-216.33M-687.50M-2.46B-3.58B
Financing Cash Flow 3.98M9.89M243.98M25.85M32.74M51.47M42.85M-217.96M-346.34M--654.60M-83.80M-421.80M-1.60B
Capital Expenditure -3.31M-20.32M-13.13M-19.99M-21.42M-15.28M-23.83M-15.75M---44.64M-34.40M-32.00M-119.50M
Free Cash Flow 22.99M14.33M118.74M217.79M152.88M616.35M479.29M947.28M--448.17M2.00B3.68B4.25B
Net Change in Cash ----------54.54M1.26B829.10M-800.20M
Share Buybacks -----00266.14M395.17M411.64M670.29M112.30M423.60M1.60B

Ratios (Annual)

Figures in %.

Metric Dec 2012Dec 2013Dec 2014Dec 2015Dec 2016Dec 2017Dec 2018Dec 2019Dec 2020Dec 2021Dec 2022Dec 2023Dec 2024Dec 2025
Gross Margin % 68.3%66.0%67.1%64.9%64.0%64.5%63.8%64.1%63.9%-61.1%61.9%64.1%64.1%
Operating Margin % 20.6%18.3%21.5%17.8%21.6%28.6%12.7%33.4%30.2%-34.9%38.5%42.0%42.8%
Net Margin % 11.0%11.8%14.9%14.5%16.3%25.7%15.3%35.7%27.4%-30.9%35.6%40.7%39.0%
ROE % 112.9%54.6%15.6%15.4%16.6%25.5%15.3%29.7%19.1%-27.7%28.9%28.5%28.4%
ROCE % -42.6%18.8%16.1%19.2%24.4%11.0%22.5%17.6%-27.9%28.1%26.0%27.4%

Shareholding Pattern

Insiders
17.25%
Institutions
73.32%
Public Float
88.61%

Top Institutional Holders

#Holder% HeldSharesValue
1 Blackrock Inc. 7.25% 91.38M $19.81B
2 Vanguard Capital Management LLC 5.45% 68.69M $14.89B
3 State Street Corporation 3.82% 48.17M $10.44B
4 FMR, LLC 3.75% 47.35M $10.26B
5 Geode Capital Management, LLC 2.18% 27.51M $5.96B
6 Vanguard Portfolio Management LLC 2.05% 25.81M $5.59B
7 Price (T.Rowe) Associates Inc 1.84% 23.23M $5.03B
8 Morgan Stanley 1.56% 19.70M $4.27B
9 Cresset Asset Management, LLC 1.54% 19.37M $4.20B
10 Capital Research Global Investors 1.04% 13.16M $2.85B

Analyst View

Loading analyst coverage…

Latest News

Recent headlines for ANET

Yahoo Finance hu, 22 Oct 2026

Arista Networks (ANET) Is Considered a Good Investment by Brokers: Is That True?

According to the average brokerage recommendation (ABR), one should invest in Arista Networks (ANET). It is debatable whether this highly sought-after metric is effective because Wall Street analysts' recommendations tend to be overly optim…

Yahoo Finance hu, 22 Oct 2026

Should You Pick Arista Networks Stock Over Its Competitors?

For questions about this article or underlying research, email help@trefis.com.

Yahoo Finance hu, 22 Oct 2026

Arista Networks vs. CrowdStrike: Which Tech Stock Is a Better Buy in 2026?

Arista boasts a high profit margin and zero debt, while CrowdStrike just reported its best quarter in history because of AI.

Yahoo Finance Wed, 21 Oct 2026

Arista Networks (ANET) Rises Higher Than Market: Key Facts

The latest trading day saw Arista Networks (ANET) settling at $184.33, representing a +1.73% change from its previous close.

Yahoo Finance Wed, 21 Oct 2026

Arista Networks vs. Datadog: Which Technology Stock Is a Better Buy in 2026?

One powers the physical backbone of AI infrastructure, while the other monitors it. Their valuations tell starkly different stories.

Yahoo Finance Wed, 21 Oct 2026

Arista Networks Vs. Cisco Systems: Modern AI Data Center Networking vs. Legacy Enterprise Switch Leader

Both Arista and Cisco just posted record AI-driven results, yet their stocks sold off hard. One company offers margin-rich focus while the other controls its own silicon, and the scale-across design wins separating them could define data ce…

ANET — Frequently Asked Questions

What is the current share price of Arista Networks, Inc. (ANET)?

As of 2026-10-22 16:30 PDT, Arista Networks, Inc. (ANET) trades at $171.07 on NYSE. Its 52-week range is $116.13 to $216.74.

What is the market capitalisation of ANET?

Arista Networks, Inc. (ANET) has a market capitalisation of $215.76B on NYSE.

What is the P/E ratio of ANET?

ANET trades at a trailing price-to-earnings (P/E) ratio of 53.97. The industry average P/E is 30.05. Its price-to-book (P/B) ratio is 18.47.

What is the return on equity (ROE) of ANET?

ANET has a return on equity (ROE) of 31.48%. Its return on capital employed (ROCE) is 27.40%.

Is ANET a good stock to buy?

This page provides a data-driven analysis of Arista Networks, Inc. (ANET), including valuation ratios, profitability, growth trends, auto-generated pros and cons, peer comparison and AI exposure. Review these fundamentals alongside your own research and risk tolerance. This is informational content, not investment advice.

Explore More

📊 Technology Sector 🔍 All Stock Screens 📈 Technical Screens 💰 Fundamental Screens 🔄 Swing Trading Setups 📐 Chart Patterns 📅 Earnings Calendar 📋 All USA Stocks
⚙Ad space