Arista Networks, Inc. | Large-cap | Technology
$96.31
1.41%
| Arista Networks Stock Comparison:
Arista Networks vs Dell TechnologiesArista Networks vs Seagate TechnologyArista Networks vs Super MicroArista Networks vs HPArista Networks vs NetAppArista Networks vs S&P 500 | Market
Overview Income Statement Balance Sheet Cash Flow Key Ratios Peer Comparison

Financial Overview

Latest Annual: 2024

Income Metrics

Revenue 7.0B
Gross Profit 4.5B 64.13%
Operating Income 2.9B 42.05%
Net Income 2.9B 40.73%
EPS (Diluted) $2.23

Balance Sheet Metrics

Total Assets 14.0B
Total Liabilities 4.0B
Shareholders Equity 10.0B
Debt to Equity 0.41

Cash Flow Metrics

Operating Cash Flow 3.8B
Free Cash Flow 3.7B

Revenue & Profitability Trend

Arista Networks Income Statement From 2020 to 2024

Metric 2024 2023 2022 2021 2020
Revenue 7.0B 5.9B 4.4B 2.9B 2.3B
Cost of Goods Sold 2.5B 2.2B 1.7B 1.1B 835.6M
Gross Profit 4.5B 3.6B 2.7B 1.9B 1.5B
Operating Expenses 1.5B 1.4B 1.1B 956.0M 782.2M
Operating Income 2.9B 2.3B 1.5B 924.7M 699.7M
Pre-tax Income 3.3B 2.4B 1.6B 930.9M 738.9M
Income Tax 413.0M 334.7M 229.4M 90.0M 104.3M
Net Income 2.9B 2.1B 1.4B 840.9M 634.6M
EPS (Diluted) $2.23 $1.65 $4.27 $2.63 $2.00

Income Statement Trend

Arista Networks Balance Sheet From 2020 to 2024

Metric 2024 2023 2022 2021 2020
Assets
Current Assets 11.9B 8.4B 5.6B 4.8B 3.8B
Non-Current Assets 2.1B 1.6B 1.2B 921.8M 901.9M
Total Assets 14.0B 9.9B 6.8B 5.7B 4.7B
Liabilities
Current Liabilities 2.7B 1.9B 1.3B 1.1B 768.2M
Non-Current Liabilities 1.3B 818.1M 596.1M 646.0M 650.4M
Total Liabilities 4.0B 2.7B 1.9B 1.8B 1.4B
Equity
Total Shareholders Equity 10.0B 7.2B 4.9B 4.0B 3.3B

Balance Sheet Composition

Arista Networks Cash Flow Statement From 2020 to 2024

Metric 2024 2023 2022 2021 2020
Operating Activities
Net Income 2.9B 2.1B 1.4B 840.9M 634.6M
Operating Cash Flow 3.8B 2.1B 507.5M 989.0M 703.5M
Investing Activities
Capital Expenditures -32.0M -34.4M -44.6M -64.7M -15.4M
Investing Cash Flow -2.5B -687.5M 216.3M -924.3M -608.8M
Financing Activities
Dividends Paid - - - - -
Financing Cash Flow -482.0M -145.8M -703.0M -428.1M -403.9M
Free Cash Flow 3.7B 2.0B 448.2M 951.1M 719.7M

Cash Flow Trend

Arista Networks Key Financial Ratios

Valuation Ratios

P/E Ratio (TTM) 36.39
Forward P/E 8.86
Price to Book 10.71
Price to Sales 14.57
PEG Ratio 8.86

Profitability Ratios

Profit Margin 40.72%
Operating Margin 42.84%
Return on Equity 33.68%
Return on Assets 15.68%

Financial Health

Current Ratio 3.93
Debt to Equity 0.00
Beta 1.38

Per Share Data

EPS (TTM) $2.37
Book Value per Share $8.05
Revenue per Share $5.91

Peer Financial Comparison

Company Market Cap P/E Ratio P/B Ratio ROE Profit Margin Debt/Equity
anet 108.3B 36.39 10.71 33.68% 40.72% 0.00
Dell Technologies 80.1B 18.53 -27.01 -331.07% 4.72% -9.80
Seagate Technology 28.2B 19.12 -35.19 -22.47% 17.49% -6.21
Super Micro 24.4B 22.22 3.83 20.06% 5.34% 41.51
HP 22.5B 9.20 -18.25 -209.75% 4.64% -9.34
NetApp 20.6B 18.11 19.85 108.51% 18.05% 335.67

Financial data is updated regularly. All figures are in the company's reporting currency.