ANET Stock Financial Analysis - Arista Networks Inc (NYSE) Stock

Overview

Arista Networks, Inc., based in the United States, operates primarily within the computer networking industry. The company specializes in high-performance and highly scalable solutions, including cloud networking services as well as software-defined networking products. Arista’s innovative hardware and its Extensible Operating System (EOS) are pivotal in providing operational efficiencies and network programmability, catering extensively to large-scale data center and campus work environments. Noteworthy projects include the development of cognitive cloud networking for data-driven businesses and collaborations with major cloud service providers, which position Arista as a vital player in supporting expansive cloud computing infrastructures. As a recognized leader in 100+ Gigabit Ethernet technologies, Arista Networks continually drives technological advancements in data networking.

Quality, Value, Momentum Scores

This card shows the Quality, Value, and Momentum scores for the company

Quality

The QualityScore is a proprietary scoring model that identifies high quality companies, based on cash generating efficiencies.

Value

Proprietary scoring model that ranks companies based on their relative valuation. Scores range from 0 to 100, with 100 being the most undervalued.

Momentum

Proprietary scoring model that ranks companies on their six-month momentum.

Fund Sentiment

The Fund Sentiment (fka Ownership) score is a proprietary quantitative model that ranks companies based on levels of ownership accumulation.

QVM

The QVM Score is a proprietary scoring model that combines Quality, Value, and Momentum into a single metric that ranks companies from 0 to 100.

Income Statement: Revenue, Operating Income, Net Income

The revenue for Arista Networks Inc as of June 30, 2025 is 7,950.95 MM.
The operating income for Arista Networks Inc as of June 30, 2025 is 3,429.92 MM.
The net income for Arista Networks Inc as of June 30, 2025 is 3,251.55 MM.

Period End (TTM)	Revenue (MM)	Operating Income (MM)	Net Income (MM)
2025-06-30	7,950.95	3,429.92	3,251.55
2025-03-31	7,436.55	3,143.22	3,028.15
2024-12-31	7,003.15	2,944.62	2,852.05
2024-09-30	6,613.17	2,784.86	2,664.67
2024-06-30	6,311.69	2,602.31	2,462.06
2024-03-31	6,080.22	2,432.87	2,288.55
2023-12-31	5,860.17	2,257.25	2,087.32
2023-09-30	5,595.28	2,086.25	1,900.77
2023-06-30	5,262.63	1,900.91	1,709.45
2023-03-31	4,855.60	1,733.70	1,516.66
2022-12-31	4,381.31	1,527.11	1,352.45
2022-09-30	3,930.22	1,323.97	1,164.65
2022-06-30	3,502.11	1,139.92	1,034.96
2022-03-31	3,157.54	996.43	932.75
2021-12-31	2,948.04	924.74	840.85
2021-09-30	2,772.06	860.19	784.52
2021-06-30	2,628.79	807.09	728.59
2021-03-31	2,462.05	751.11	676.49
2020-12-31	2,317.51	703.88	634.56
2020-09-30	2,221.58	681.03	712.29

Income Statement: EPS

The earnings per share basic for Arista Networks Inc as of June 30, 2025 is 2.58.
The earnings per share diluted for Arista Networks Inc as of June 30, 2025 is 2.55.

Period End (TTM)	Earnings Per Share Basic	Earnings Per Share Diluted
2025-06-30	2.58	2.55
2025-03-31	2.41	2.37
2024-12-31	2.27	2.23
2024-09-30	2.13	2.09
2024-06-30	1.97	1.93
2024-03-31	1.84	1.80
2023-12-31	1.69	1.65
2023-09-30	1.54	1.50
2023-06-30	1.39	1.35
2023-03-31	1.24	1.20
2022-12-31	1.10	1.07
2022-09-30	0.95	0.91
2022-06-30	0.84	0.81
2022-03-31	0.76	0.73
2021-12-31	0.69	0.66
2021-09-30	0.64	0.62
2021-06-30	0.60	0.57
2021-03-31	0.56	0.53
2020-12-31	0.52	0.50
2020-09-30	0.58	0.56

Cash Flow: Operations, Investing, Financing

The cash from operating activities for Arista Networks Inc as of June 30, 2025 is 4,047.24 MM.
The cash from investing activities for Arista Networks Inc as of June 30, 2025 is -3,074.85 MM.
The cash from financing activities for Arista Networks Inc as of June 30, 2025 is -1,176.61 MM.

Period End (TTM)	Cash From Operating Activities (MM)	Cash From Investing Activities (MM)	Cash From Financing Activities (MM)
2025-06-30	4,047.24	-3,074.85	-1,176.61
2025-03-31	3,836.14	-2,927.65	-1,152.51
2024-12-31	3,708.24	-2,457.35	-421.81
2024-09-30	3,203.72	-1,484.33	-293.15
2024-06-30	2,728.24	-1,336.30	-222.31
2024-03-31	2,173.33	-961.31	-78.45
2023-12-31	2,034.01	-687.45	-83.75
2023-09-30	1,548.02	-433.32	-87.08
2023-06-30	983.15	-81.28	-136.54
2023-03-31	650.16	267.19	-593.20
2022-12-31	492.81	216.33	-654.60
2022-09-30	677.58	234.95	-820.84
2022-06-30	816.05	-316.52	-895.76
2022-03-31	978.32	-780.23	-404.92
2021-12-31	1,015.86	-925.56	-360.88
2021-09-30	977.54	-1,139.69	-177.92
2021-06-30	920.09	-612.12	-217.50
2021-03-31	794.94	-497.27	-219.56
2020-12-31	735.11	-608.80	-346.34
2020-09-30	875.35	-594.50	-406.86

Valuation Metrics : PE, PriceToBook, PriceToTBV

The p/book for Arista Networks Inc as of June 30, 2025 is 12.71.
The p/tbv for Arista Networks Inc as of June 30, 2025 is 13.13.

P/Book: The current closing price divided by the book value per share.

P/TBV: The current price divided by the tangible book value per share.

Period End (TTM)	p/e	P/Book	P/TBV
2025-06-30		12.71	13.13
2025-03-31		9.83	10.46
2024-12-31		15.19	16.25
2024-09-30	48.52	14.17	14.77
2024-06-30	47.64	13.87	14.51
2024-03-31	43.20	12.49	13.14
2023-12-31	38.54	11.26	11.93
2023-09-30	33.31	9.72	10.38
2023-06-30	32.38	9.21	9.92
2023-03-31	38.02	10.53
2022-12-31		8.46	9.31
2022-09-30		8.58	9.57
2022-06-30		6.96	7.55
2022-03-31	50.83	10.74	11.56
2021-12-31	56.30	11.43	12.35
2021-09-30	36.20	7.13	7.75
2021-06-30
2021-03-31	13.41	2.63	2.88
2020-12-31	57.11	10.91	12.05
2020-09-30	50.52	11.67	12.32

Valuation Metrics : EBitToEv, EBit3YrAvgToEv

The ebit/ev for Arista Networks Inc as of June 30, 2025 is 0.03.
The ebit (3y)/ev for Arista Networks Inc as of June 30, 2025 is 0.02.

Period End (TTM)	EBIT/EV	EBIT (3y)/EV
2025-06-30	0.03	0.02
2025-03-31	0.03	0.03
2024-12-31	0.02	0.02
2024-09-30	0.02	0.02
2024-06-30	0.02	0.02
2024-03-31	0.03	0.02
2023-12-31	0.03	0.02
2023-09-30	0.04	0.02
2023-06-30	0.04	0.03
2023-03-31	0.03	0.02
2022-12-31	0.04	0.03
2022-09-30	0.03	0.03
2022-06-30	0.04	0.03
2022-03-31	0.02	0.02
2021-12-31	0.02	0.02
2021-09-30	0.03	0.03
2021-06-30
2021-03-31	0.10	0.08
2020-12-31	0.02	0.02
2020-09-30	0.02	0.02

Management Effectiveness

The roa for Arista Networks Inc as of June 30, 2025 is 0.26.
The roe for Arista Networks Inc as of June 30, 2025 is 0.36.
The roic for Arista Networks Inc as of June 30, 2025 is 0.30.
The croic for Arista Networks Inc as of June 30, 2025 is -0.02.
The ocroic for Arista Networks Inc as of June 30, 2025 is 0.38.

Period End (TTM)	ROA	ROE	ROIC	CROIC	OCROIC
2025-06-30	0.26	0.36	0.30	-0.02	0.38
2025-03-31	0.27	0.36	0.28	0.08	0.37
2024-12-31	0.27	0.37	0.29	0.15	0.34
2024-09-30	0.27	0.38	0.29	0.14	0.32
2024-06-30	0.30	0.43	0.29	0.14	0.27
2024-03-31	0.31	0.43	0.29	0.17	0.28
2023-12-31	0.31	0.43	0.29	0.16	0.24
2023-09-30	0.29	0.43	0.29	0.13	0.17
2023-06-30	0.26	0.43	0.29	0.13	0.17
2023-03-31	0.22	0.33	0.28	0.06	0.12
2022-12-31	0.21	0.30	0.26	0.02	0.15
2022-09-30	0.19	0.27	0.26	0.02	0.15
2022-06-30	0.18	0.25	0.25	-0.10	0.20
2022-03-31	0.17	0.24	0.22	-0.05	0.23
2021-12-31	0.17	0.24	0.21	-0.07	0.25
2021-09-30	0.17	0.24	0.20	-0.09	0.24
2021-06-30	0.17	0.24	0.19	0.02	0.24
2021-03-31	0.16	0.24	0.19	0.02	0.22
2020-12-31	0.15	0.22	0.19	-0.06	0.22
2020-09-30	0.20	0.27	0.23	-0.04	0.28

Gross Margins

The gross margin for Arista Networks Inc as of June 30, 2025 is 0.64.
The net margin for Arista Networks Inc as of June 30, 2025 is 0.41.
The operating margin for Arista Networks Inc as of June 30, 2025 is 0.42.

Gross Margin: The Gross Margin is the ratio of revenue left after substracting the Cost of Goods Sold. It is calculated as 1.0 - (Revenue - COGS ) / Revenue.

Net Margin: The Net Margin (aka Profit Margin) is the ratio of revenue left after substracting the Net Income. It is calculated as Net Income / Revenue.

Operating Margin: The Operaing Margin is the ratio of revenue left after substracting the Operating Income. It is calculated as Operating Income / Revenue.

Period End (TTM)	Gross Margin	Net Margin	Operating Margin
2025-06-30	0.64	0.41	0.42
2025-03-31	0.64	0.41	0.42
2024-12-31	0.64	0.40	0.42
2024-09-30	0.64	0.39	0.41
2024-06-30	0.63	0.38	0.40
2024-03-31	0.62	0.36	0.39
2023-12-31	0.61	0.34	0.37
2023-09-30	0.60	0.32	0.36
2023-06-30	0.60	0.32	0.36
2023-03-31	0.61	0.31	0.36
2022-12-31	0.62	0.30	0.34
2022-09-30	0.63	0.30	0.34
2022-06-30	0.64	0.30	0.33
2022-03-31	0.64	0.30	0.32
2021-12-31	0.64	0.29	0.31
2021-09-30	0.64	0.28	0.31
2021-06-30	0.64	0.28	0.31
2021-03-31	0.64	0.27	0.31
2020-12-31		0.27	0.30
2020-09-30	0.64	0.32	0.31

DE:1170	€122.00
MX:ANET
GB:0HHR
IT:1ANET	€120.00