Arista Networks, Inc.

Arista Networks, Inc.

170.99
USD
-12.96
(-7.05%)
3.17EPS
53.35P/E
216.25BMarket Cap
Nov 03Next Earn

Total Valuation

USD

As of June 30, 2026, Arista Networks Inc carries a market capitalization of 216.25B, placing it among publicly traded companies globally. Its enterprise value stands at 202.90B, reflecting the total theoretical takeover cost after accounting for cash holdings and debt obligations.

Market Cap216.25B
Enterprise Value202.90B

Important Dates

Arista Networks Inc's next confirmed earnings release is scheduled for November 3, 2026.

Earnings Date11/3/2026

Share Statistics

As of June 30, 2026, Arista Networks Inc has 1.26B shares outstanding.

Shares Outstanding1.26B

Valuation Ratios

As of June 30, 2026, Arista Networks Inc trades at a trailing price-to-earnings ratio of 53.35. The price-to-sales ratio is 20.47, and the price-to-book ratio stands at 14.61.

PE Ratio53.35
PS Ratio20.47
PB Ratio14.61
P/TBV Ratio15.31
P/FCF Ratio42.42
P/OCF Ratio40.66

Enterprise Valuation

As of June 30, 2026, Arista Networks Inc trades at an EV/EBITDA multiple of 43.73 - the valuation measure that neutralizes differences in capital structure, tax rates, and depreciation policy, making it the standard yardstick for comparing companies across an industry. The EV/Sales ratio of 19.25 reflects the premium investors pay for the company's revenue stream, a useful check when earnings are depressed or negative. Its EV/EBIT multiple of 44.62 values the business against core operating earnings after depreciation, a stricter test than EV/EBITDA for capital-intensive businesses. Arista Networks Inc trades at an EV/FCF ratio of 39.36, comparing the total takeover cost of the business to the cash it actually generates for all capital providers. These enterprise value multiples are built on an enterprise value of 202.90B versus a market cap of 216.25B, with the gap driven by net debt and cash on the balance sheet.

EV / Sales19.25
EV / EBITDA43.73
EV / EBIT44.62
EV / FCF39.36

Financial Position

As of June 30, 2026, Arista Networks Inc maintains a current ratio of 2.96, meaning it holds 3.0x the short-term assets needed to cover near-term liabilities.

Current Ratio2.96
Quick Ratio2.29

Financial Efficiency

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Over the twelve months ended June 30, 2026, Arista Networks Inc posted a return on equity (ROE) of 31.48, showing how much profit the company earns on every dollar of shareholder capital. Return on invested capital (ROIC) comes in at 28.68 - the clearest signal of whether the business earns more on its capital than that capital costs, and the core measure of a durable competitive advantage. Return on assets (ROA) stands at 20.10, measuring how efficiently the asset base is converted into earnings. Return on capital employed (ROCE) is 31.48, useful for judging operating efficiency across full business cycles. The company generates approximately 2.13M in revenue per employee across its workforce of 4,939.25, a quick read on workforce productivity versus industry peers. Inventory turnover of 1.70 indicates how many times Arista Networks Inc sells and replaces its inventory over a year, a key working capital efficiency ratio.

Return on Equity (ROE)31.48
Return on Assets (ROA)20.10
Return on Invested Capital (ROIC)28.68
Return on Capital Employed (ROCE)31.48
Revenue Per Employee2.13M
Employee Count4,939.25
Inventory Turnover1.70

Taxes

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Over the twelve months ended June 30, 2026, Arista Networks Inc recorded 945.60M in income tax expense. That works out to an effective tax rate of 18.95, which can sit above or below the statutory corporate tax rate depending on foreign earnings mix, tax credits, and one-off items. Taxes are levied on pretax income of 4.99B, leaving 4.04B in net income after tax - the gap is what shifts in the tax rate do to reported earnings and EPS.

Income Tax945.60M
Effective Tax Rate18.95

Stock Price Statistics

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As of the close on October 22, 2026, Arista Networks Inc's stock has gained approximately 18.41% over the past 52 weeks. The 50-day moving average sits at 197.44, while the 200-day moving average is 163.05.

52-Week Price Change18.41%
50-Day Moving Average197.44
200-Day Moving Average163.05

Income Statement

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Over the twelve months ended June 30, 2026, Arista Networks Inc generated 10.54B in revenue and converted that into 4.04B in net income, yielding earnings per share of 3.17. EBITDA reached 4.64B, while operating income came in at 4.55B.

Revenue10.54B
Gross Profit6.64B
Operating Income4.55B
Pretax Income4.99B
Net Income4.04B
EBITDA4.64B
EBIT4.55B
Earnings Per Share (EPS)3.17

Balance Sheet

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These figures are as of June 30, 2026. Total book value stands at 14.80B, with working capital of 13.35B providing operational flexibility.

Cash & Cash Equivalents13.34B
Net Debt-2.29B
Equity (Book Value)14.80B
Book Value Per Share11.73
Working Capital13.35B

Cash Flow

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Arista Networks Inc produced 5.31B in operating cash flow over the twelve months ended June 30, 2026. After subtracting -151.30M in capital expenditures, free cash flow totaled 5.16B - equivalent to 4.10 per share.

Operating Cash Flow5.31B
Capital Expenditures-151.30M
Free Cash Flow5.16B
FCF Per Share4.10

Margins

Over the twelve months ended June 30, 2026, Arista Networks Inc posted a gross margin of 63.00, reflecting its pricing power and cost economics. The operating margin of 43.14 and net profit margin of 38.37 provide insight into operational efficiency.

Gross Margin63.00
Operating Margin43.14
Pretax Margin47.34
Profit Margin38.37
EBITDA Margin44.02

Dividends & Yields

These figures cover the twelve months ended June 30, 2026. Free cash flow yield stands at 2.36, showing how much cash the business generates relative to its market value - dividends covered by free cash flow are generally more durable than those funded by debt. Total shareholder yield reaches 0.28, combining dividends paid with share buybacks and debt reduction for a fuller picture of capital returned to Arista Networks Inc shareholders.

Shareholder Yield0.28
FCF Yield2.36

Stock Splits

Arista Networks Inc's most recent stock split took place on December 4, 2024 with a 1:4 split ratio.

Last Split Date12/4/2024
Split Ratio1:4

Scores

As of June 30, 2026, Arista Networks Inc has an Altman Z-Score of 17.05, well above the 3.0 threshold that indicates strong financial health and minimal bankruptcy risk.

Altman Z-Score17.05