← Arista Networks, Inc. ANET
Market Price
$198.72
Market Cap
$256.39B
P/E Ratio
72.26
Revenue (FY 2025)
↑28.6% YoY
$9.01B
3-Yr CAGR: 27.1%
Net Income
↑23.1% YoY
$3.51B
Net Margin: 39.0%
Free Cash Flow
↑15.7% YoY
$4.25B
FCF Yield: 1.66%
EPS (Diluted)
↑23.3% YoY
$2.75
Basic: $2.79
Return on Equity
Efficiency
28.4%
ROA: 232.5%
📊 Multi-Year Historical Performance & Trends
Financial Performance History
Revenue, Net Income & Free Cash Flow
Margins Trend (%)
Gross, Operating & Net Margins
Balance Sheet Strength
Cash, Debt & Equity
Cash Flow Generation
Operating Cash Flow vs CapEx vs FCF
📈 Year-over-Year (YoY) Growth History (ANET)
All monetary values in millions ($M)| Fiscal Year | Revenue | Revenue YoY | Gross Profit | Net Income | Net Inc YoY | Diluted EPS | EPS YoY | Op. Cash Flow | Free Cash Flow | FCF YoY |
|---|---|---|---|---|---|---|---|---|---|---|
| FY 2016 | $1,129.2M | — | $723.1M | $184.2M | — | $0.16 | — | $131.4M | $110.0M | — |
| FY 2017 | $1,646.2M | +45.8% | $1,061.8M | $423.2M | +129.8% | $0.33 | +114.0% | $631.6M | $616.3M | +460.2% |
| FY 2018 | $2,151.4M | +30.7% | $1,373.4M | $328.1M | -22.5% | $0.25 | -24.1% | $503.1M | $479.3M | -22.2% |
| FY 2019 | $2,410.7M | +12.1% | $1,544.3M | $859.9M | +162.1% | $0.66 | +161.8% | $963.0M | $947.3M | +97.6% |
| FY 2020 | $2,317.5M | -3.9% | $1,481.9M | $634.6M | -26.2% | $0.50 | -24.8% | $735.1M | $719.7M | -24.0% |
| FY 2021 | $2,948.0M | +27.2% | $1,880.8M | $840.9M | +32.5% | $0.66 | +31.7% | $1,015.9M | $951.1M | +32.1% |
| FY 2022 | $4,381.3M | +48.6% | $2,675.7M | $1,352.4M | +60.8% | $1.07 | +62.4% | $492.8M | $448.2M | -52.9% |
| FY 2023 | $5,860.2M | +33.8% | $3,630.3M | $2,087.3M | +54.3% | $1.65 | +54.1% | $2,034.0M | $1,999.6M | +346.2% |
| FY 2024 | $7,003.1M | +19.5% | $4,491.3M | $2,852.1M | +36.6% | $2.23 | +35.6% | $3,708.2M | $3,676.2M | +83.8% |
| FY 2025 | $9,005.7M | +28.6% | $5,768.7M | $3,511.4M | +23.1% | $2.75 | +23.3% | $4,371.9M | $4,252.4M | +15.7% |
Valuation
Market Price
$198.72
Market Cap
$256.39B
Enterprise Value
N/A
P/E Ratio
72.26
P/B Ratio
20.23
FCF Yield
1.66%
Dividend Yield
N/A
Shares Outstanding
Profitability & Margins
Gross Margin
64.06%
Operating Margin
42.82%
Net Margin
38.99%
Return on Equity (ROE)
28.39%
Return on Assets (ROA)
232.54%
Asset Turnover
5.96x
Revenue 3-Yr CAGR
27.15%
Financial Health & Liquidity
Current Ratio
3.18
Cash Ratio
4.13
Debt / Equity
N/A
Debt / Assets
N/A
Cash & Equivalents
$1.96B
Total Debt
N/A
Book Value / Share
$9.82
Cash Flow Efficiency
Operating Cash Flow
$4.37B
Capital Expenditures (CapEx)
$119.50M
Free Cash Flow
$4.25B
OCF / Revenue
48.55%
FCF / Revenue
47.22%
FCF 3-Yr CAGR
111.70%
Per Share Metrics
EPS (Diluted)
$2.75
EPS (Basic)
$2.79
Dividends / Share
N/A
Book Value / Share
$9.82
EPS YoY Growth
23.32%
Balance Sheet (FY 2025)
Total Assets
$1.51B
Total Liabilities
$475.40M
Stockholders' Equity
$12.37B
Current Assets
$1.51B
Current Liabilities
$475.40M