ANET Arista Networks, Inc.

Price (delayed)

$200.98

Market cap

$15.28B

P/E Ratio

20.36

Dividend/share

N/A

EPS

$9.87

Enterprise value

$14.55B

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 stock's price to earnings (P/E) is 48% less than its 5-year quarterly average of 39.0
The company's equity rose by 20% YoY and by 7% QoQ
Arista Networks's net income has decreased by 6% from the previous quarter but it has increased by 3.3% YoY
ANET's EPS is down by 5% since the previous quarter but it is up by 2.4% year-on-year
The company's quick ratio fell by 5% QoQ
The revenue has declined by 3.9% year-on-year and by 2.9% since the previous quarter

Key stats

What are the main financial stats of ANET
Market
Shares outstanding
76.03M
Market cap
$15.28B
Enterprise value
$14.55B
Valuations
Price to earnings (P/E)
20.36
Price to book (P/B)
5.01
Price to sales (P/S)
6.71
EV/EBIT
18.86
EV/EBITDA
17.63
EV/Sales
6.41
Earnings
Revenue
$2.27B
EBIT
$771.81M
EBITDA
$825.52M
Free cash flow
$917.33M
Per share
EPS
$9.87
Free cash flow per share
$12.1
Book value per share
$40.11
Revenue per share
$29.95
TBVPS
$54.97
Balance sheet
Total assets
$4.34B
Total liabilities
$1.3B
Debt
$74.26M
Equity
$3.04B
Working capital
$2.94B
Liquidity
Debt to equity
0.02
Current ratio
5.59
Quick ratio
4.94
Net debt/EBITDA
-0.88
Margins
EBITDA margin
36.4%
Gross margin
64.1%
Net margin
33.1%
Operating margin
31.8%
Efficiency
Return on assets
18.5%
Return on equity
26.3%
Return on invested capital
31.2%
Return on capital employed
20.9%
Return on sales
34%
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

Financial performance

How have Arista Networks's revenue and profit performed over time
Revenue
$2.27B
Gross profit
$1.46B
Operating income
$721.25M
Net income
$752.61M
Gross margin
64.1%
Net margin
33.1%
Arista Networks's net margin has increased by 8% YoY but it has decreased by 2.9% from the previous quarter
ANET's operating income is down by 7% year-on-year and by 5% since the previous quarter
Arista Networks's net income has decreased by 6% from the previous quarter but it has increased by 3.3% YoY
The revenue has declined by 3.9% year-on-year and by 2.9% since the previous quarter

Growth

What is Arista Networks's growth rate over time

Valuation

What is Arista Networks stock price valuation
P/E
20.36
P/B
5.01
P/S
6.71
EV/EBIT
18.86
EV/EBITDA
17.63
EV/Sales
6.41
The stock's price to earnings (P/E) is 48% less than its 5-year quarterly average of 39.0
ANET's EPS is down by 5% since the previous quarter but it is up by 2.4% year-on-year
The price to book (P/B) is 32% lower than the 5-year quarterly average of 7.4 and 12% lower than the last 4 quarters average of 5.7
The company's equity rose by 20% YoY and by 7% QoQ
The stock's price to sales (P/S) is 12% less than its 5-year quarterly average of 7.6 and 2.8% less than its last 4 quarters average of 6.9
The revenue has declined by 3.9% year-on-year and by 2.9% since the previous quarter

Efficiency

How efficient is Arista Networks business performance
ANET's return on invested capital is down by 30% year-on-year and by 14% since the previous quarter
The company's return on assets fell by 20% YoY and by 11% QoQ
Arista Networks's return on equity has decreased by 19% YoY and by 10% QoQ
ANET's return on sales is down by 2.6% 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
Arista Networks's total liabilities has increased by 42% YoY and by 2.9% from the previous quarter
ANET's total assets is up by 26% year-on-year and by 5% since the previous quarter
Arista Networks's debt is 98% less than its equity
The debt to equity has plunged by 50% YoY and by 33% from the previous quarter
The company's equity rose by 20% YoY and by 7% QoQ

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