ANET Arista Networks, Inc.

Price (delayed)

$271.46

Market cap

$20.54B

P/E Ratio

29

Dividend/share

N/A

EPS

$9.36

Enterprise value

$19.64B

Sector: Technology
Industry: Computer Hardware
Arista Networks, Inc. engages in the development, marketing, and sale of cloud networking solutions. Its cloud networking solutions consist of Extensible Operating System(EOS) a set of network applications and Ethernet switching and routing platforms. The company was founded by Andreas Bechtolsheim, David Cheriton, and Kenneth Duda in October 2004 and is headquartered in Santa Clara, CA.

Highlights

The company's equity rose by 16% YoY
Arista Networks's debt has decreased by 14% YoY
The stock's price to earnings (P/E) is 44% more than its last 4 quarters average of 20.2 but 24% less than its 5-year quarterly average of 38.3
The company's quick ratio fell by 10% YoY and by 4.3% QoQ
The revenue has declined by 9% year-on-year and by 2.2% since the previous quarter

Key stats

What are the main financial stats of ANET
Market
Shares outstanding
75.66M
Market cap
$20.54B
Enterprise value
$19.64B
Valuations
Price to earnings (P/E)
29
Price to book (P/B)
6.69
Price to sales (P/S)
9.29
EV/EBIT
27.07
EV/EBITDA
25.11
EV/Sales
8.84
Earnings
Revenue
$2.22B
EBIT
$725.75M
EBITDA
$782.4M
Free cash flow
$865.22M
Per share
EPS
$9.36
Free cash flow per share
$11.38
Book value per share
$40.56
Revenue per share
$29.23
TBVPS
$55.75
Balance sheet
Total assets
$4.4B
Total liabilities
$1.32B
Debt
$74.9M
Equity
$3.08B
Working capital
$2.99B
Liquidity
Debt to equity
0.02
Current ratio
5.5
Quick ratio
4.73
Net debt/EBITDA
-1.14
Margins
EBITDA margin
35.2%
Gross margin
64.1%
Net margin
32.1%
Operating margin
30.7%
Efficiency
Return on assets
16.7%
Return on equity
24%
Return on invested capital
27.3%
Return on capital employed
19.4%
Return on sales
32.7%
Dividend
Dividend yield
N/A
DPS
N/A
Payout ratio
N/A

ANET stock price

How has the Arista Networks stock price performed over time
Intraday
0.28%
1 week
-0.31%
1 month
29.95%
1 year
39.12%
YTD
33.46%
QTD
31.18%

Financial performance

How have Arista Networks's revenue and profit performed over time
Revenue
$2.22B
Gross profit
$1.42B
Operating income
$681.04M
Net income
$712.18M
Gross margin
64.1%
Net margin
32.1%
ANET's operating income is down by 17% year-on-year and by 6% since the previous quarter
The revenue has declined by 9% year-on-year and by 2.2% since the previous quarter
The gross profit has contracted by 9% YoY and by 2.2% from the previous quarter
Arista Networks's operating margin has decreased by 9% YoY and by 3.5% from the previous quarter

Growth

What is Arista Networks's growth rate over time

Valuation

What is Arista Networks stock price valuation
P/E
29
P/B
6.69
P/S
9.29
EV/EBIT
27.07
EV/EBITDA
25.11
EV/Sales
8.84
The stock's price to earnings (P/E) is 44% more than its last 4 quarters average of 20.2 but 24% less than its 5-year quarterly average of 38.3
ANET's EPS is down by 8% year-on-year and by 5% since the previous quarter
The price to book (P/B) is 26% higher than the last 4 quarters average of 5.3 but 10% lower than the 5-year quarterly average of 7.4
The company's equity rose by 16% YoY
The stock's price to sales (P/S) is 37% more than its last 4 quarters average of 6.8 and 21% more than its 5-year quarterly average of 7.7
The revenue has declined by 9% year-on-year and by 2.2% since the previous quarter

Efficiency

How efficient is Arista Networks business performance
ANET's return on invested capital is down by 40% year-on-year and by 13% since the previous quarter
The company's return on assets fell by 27% YoY and by 10% QoQ
Arista Networks's return on equity has decreased by 24% YoY and by 9% QoQ
ANET's return on sales is down by 8% year-on-year and by 3.8% since the previous quarter

Dividends

What is ANET's dividend
DPS
N/A
Dividend yield
N/A
Payout ratio
N/A

There are no recent dividends present for ANET.

Financial health

How did Arista Networks financials performed over time
The company's quick ratio fell by 10% YoY and by 4.3% QoQ
Arista Networks's debt is 98% less than its equity

All financial data is based on trailing twelve months (TTM) periods - updated quarterly, unless otherwise specified.