Arista Networks Financial Ratios
NYSE: ANETTelecommunicationsComputer Communications EquipmentUSD
At close: Oct 9, 4:00 PM ET · Delayed 15 min
Arista Networks ratio analysis
Arista Networks earned a net margin of 39.0% in FY 2025, down from 40.7% a year earlier. Gross margin was 64.1% compared with a median of 63.9% over the prior 9 years. Return on equity reached 28.4%, meaning Arista Networks generated 0.28 dollars of profit for every dollar of shareholders' equity.
At the end of FY 2025, ANET traded at 48.6 times earnings; across the 10 fiscal years shown, its year-end P/E ranged from 2.4 to 51.7, with a median of 11.4. Valuation ratios use the closing share price on each fiscal year-end date and diluted shares from the income statement; profitability and leverage ratios use reported annual figures. Current valuation multiples are on the statistics page.
Summary generated from market data by MetaCap's automated system. Methodology
Arista Networks financial ratios (annual)
| Ratio | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|
| P/E ratio (at fiscal year end) | 48.58 | 51.66 | 35.68 | 28.35 | 13.66 | 9.08 | 4.72 | 3.12 | 2.75 | 2.42 |
| Price / sales | 18.66 | 20.67 | 12.43 | 8.49 | 3.74 | 2.38 | 1.59 | 0.44 | 0.65 | 0.37 |
| Price / book | 13.59 | 14.48 | 10.09 | 7.61 | 2.77 | 1.66 | 1.32 | 0.44 | 0.64 | 0.38 |
| Gross margin | 64.1% | 64.1% | 61.9% | 61.1% | 63.8% | 63.9% | 64.1% | 63.8% | 64.5% | 64.0% |
| Operating margin | 42.8% | 42.0% | 38.5% | 34.9% | 31.4% | 30.2% | 33.4% | 12.7% | 28.6% | 21.6% |
| Net margin | 39.0% | 40.7% | 35.6% | 30.9% | 28.5% | 27.4% | 35.7% | 15.3% | 25.7% | 16.3% |
| Free cash flow margin | 47.2% | 52.5% | 34.1% | 10.2% | 32.3% | 31.1% | 39.3% | 22.3% | 37.4% | 13.5% |
| Return on equity (ROE) | 28.4% | 28.5% | 28.9% | 27.7% | 21.1% | 19.1% | 29.7% | 15.3% | 25.5% | 16.6% |
| Return on assets (ROA) | 18.1% | 20.3% | 21.0% | 20.0% | 14.7% | 13.4% | 20.5% | 10.6% | 17.2% | 10.7% |
| Current ratio | 3.05 | 4.36 | 4.38 | 4.29 | 4.34 | 4.99 | 5.81 | 4.48 | 4.28 | 3.32 |
| Revenue growth | 28.6% | 19.5% | 33.8% | 48.6% | 27.2% | -3.9% | 12.1% | 30.7% | 45.8% | 34.8% |
| EPS growth | 23.3% | 35.2% | 54.2% | -59.3% | 31.5% | -24.8% | -34.5% | -24.1% | 114.0% | 49.7% |