Arista Financial Statements From 2010 to 2024

ANET Stock  USD 408.33  8.61  2.15%   
Arista Networks financial statements provide useful quarterly and yearly information to potential Arista Networks investors about the company's current and past financial position, as well as its overall management performance and changes in financial position over time. Historical trend examination of various income statement and balance sheet accounts found on Arista Networks financial statements helps investors assess Arista Networks' valuation, profitability, and current liquidity needs. Key fundamental drivers impacting Arista Networks' valuation are summarized below:
Gross Profit
2.7 B
Profit Margin
0.4029
Market Capitalization
126.7 B
Enterprise Value Revenue
18.4919
Revenue
6.6 B
There are currently one hundred twenty fundamental signals for Arista Networks that can be evaluated and compared over time across rivals. All traders should validate Arista Networks' prevailing fundamentals against the performance from 2010 to 2024 and make sure the trends continue to evolve in the right direction.

Arista Networks Total Revenue

6.15 Billion

Check Arista Networks financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Arista Networks' main balance sheet or income statement drivers, such as Depreciation And Amortization of 74.2 M, Interest Expense of 66 M or Selling General Administrative of 67.1 M, as well as many indicators such as Price To Sales Ratio of 11.9, Dividend Yield of 0.0 or PTB Ratio of 9.59. Arista financial statements analysis is a perfect complement when working with Arista Networks Valuation or Volatility modules.
  
Check out the analysis of Arista Networks Correlation against competitors.
For more information on how to buy Arista Stock please use our How to Invest in Arista Networks guide.

Arista Networks Balance Sheet

Current ValueLast YearHistorical Average 10 Year Trend
Common Stock Shares Outstanding307.6 M317.1 M281.5 M
Slightly volatile
Total Assets10.4 B9.9 B3.5 B
Slightly volatile
Short and Long Term Debt Total67.4 M65.5 M88.3 M
Slightly volatile
Other Current Liabilities486.8 M463.6 M146 M
Slightly volatile
Total Current LiabilitiesB1.9 B667.1 M
Slightly volatile
Total Stockholder Equity7.6 B7.2 B2.4 B
Slightly volatile
Property Plant And Equipment Net101.4 M101.6 M84.6 M
Slightly volatile
Current Deferred Revenue961 M915.2 M336.8 M
Slightly volatile
Retained Earnings5.4 B5.1 B1.5 B
Slightly volatile
Accounts Payable456.8 M435.1 M126.9 M
Slightly volatile
CashB1.9 B710.3 M
Slightly volatile
Non Current Assets Total1.6 B1.6 B549.5 M
Slightly volatile
Non Currrent Assets Other159.5 M151.9 M43.2 M
Slightly volatile
Cash And Short Term Investments5.3 BB1.9 B
Slightly volatile
Net Receivables1.1 BB375.3 M
Slightly volatile
Common Stock Total Equity37.4 K35.6 K13.3 K
Slightly volatile
Liabilities And Stockholders Equity10.4 B9.9 B3.5 B
Slightly volatile
Non Current Liabilities Total426 M818.1 M358.8 M
Slightly volatile
InventoryB1.9 B518.4 M
Slightly volatile
Other Current Assets433.1 M412.5 M128.3 M
Slightly volatile
Other Stockholder Equity2.2 B2.1 B899.8 M
Slightly volatile
Total Liabilities2.9 B2.7 B1.1 B
Slightly volatile
Property Plant And Equipment Gross304.1 M289.7 M102.7 M
Slightly volatile
Total Current Assets8.8 B8.4 B2.9 B
Slightly volatile
Short Term Debt88.4 M95.8 M71.8 M
Slightly volatile
Common Stock37.4 K35.6 K13.3 K
Slightly volatile
Other Liabilities349.6 M634.9 M284.3 M
Slightly volatile
Other Assets783.3 M746 M271.4 M
Slightly volatile
Long Term Debt32.7 M33.9 M39.2 M
Slightly volatile
Property Plant Equipment92.7 M109.3 M83.1 M
Slightly volatile
Net Tangible Assets5.8 B5.5 B2.3 B
Slightly volatile
Retained Earnings Total Equity3.8 B3.6 B1.3 B
Slightly volatile
Long Term Debt Total31.4 M31.9 M38.1 M
Slightly volatile
Capital Surpluse1.1 BB931.7 M
Slightly volatile
Deferred Long Term Liabilities45.9 K48.3 K97.3 M
Very volatile
Long Term Investments22 M35.5 M30.1 M
Slightly volatile
Short and Long Term Debt32.7 M33.9 M39.5 M
Slightly volatile
Non Current Liabilities Other138.5 M131.4 M99.1 M
Slightly volatile
Deferred Long Term Asset Charges33 M55.7 M35.6 M
Slightly volatile
Capital Lease Obligations57.9 M50.6 M47.6 M
Slightly volatile
Net Invested Capital4.1 B7.2 B2.8 B
Slightly volatile
Net Working Capital3.8 B6.5 B2.7 B
Slightly volatile
Capital Stock21.4 K35.6 K13.8 K
Slightly volatile

Arista Networks Income Statement

Current ValueLast YearHistorical Average 10 Year Trend
Depreciation And Amortization74.2 M70.6 M31.2 M
Slightly volatile
Interest Expense66 M62.9 M22 M
Slightly volatile
Selling General Administrative67.1 M119.1 M57.7 M
Slightly volatile
Selling And Marketing Expenses419 M399 M177.6 M
Slightly volatile
Total Revenue6.2 B5.9 B2.1 B
Slightly volatile
Gross Profit3.8 B3.6 B1.3 B
Slightly volatile
Other Operating Expenses3.8 B3.6 B1.4 B
Slightly volatile
Operating Income2.4 B2.3 B669.4 M
Slightly volatile
EBIT2.4 B2.3 B693.2 M
Slightly volatile
Research Development897.7 M854.9 M376.5 M
Slightly volatile
EBITDA2.4 B2.3 B724.4 M
Slightly volatile
Cost Of Revenue2.3 B2.2 B771.4 M
Slightly volatile
Total Operating Expenses1.4 B1.4 B615.7 M
Slightly volatile
Income Before Tax2.5 B2.4 B701.3 M
Slightly volatile
Net Income2.2 B2.1 B616.1 M
Slightly volatile
Net Income Applicable To Common Shares1.6 B1.6 B544.5 M
Slightly volatile
Net Income From Continuing Ops2.2 B2.1 B630.5 M
Slightly volatile
Interest Income160 M152.4 M32.1 M
Slightly volatile
Reconciled Depreciation48.6 M70.6 M33.5 M
Slightly volatile
Non Recurring324 M364.5 M396.9 M
Slightly volatile

Arista Networks Cash Flow Statement

Current ValueLast YearHistorical Average 10 Year Trend
Stock Based Compensation311.6 M296.8 M105.5 M
Slightly volatile
Free Cash Flow2.1 BB580.6 M
Slightly volatile
Begin Period Cash Flow559.8 M676 M479.3 M
Slightly volatile
Depreciation74.2 M70.6 M29.1 M
Slightly volatile
Capital Expenditures25 M34.4 M21.5 M
Slightly volatile
Total Cash From Operating Activities2.1 BB602.9 M
Slightly volatile
Net Income2.2 B2.1 B616.1 M
Slightly volatile
End Period Cash FlowB1.9 B709.5 M
Slightly volatile
Change To Liabilities130.1 M168.1 M103.1 M
Slightly volatile

Financial Ratios

Current ValueLast YearHistorical Average 10 Year Trend
Price To Sales Ratio11.912.432411.5159
Slightly volatile
PTB Ratio9.5910.092253.7497
Slightly volatile
Days Sales Outstanding74.8763.815272.244
Slightly volatile
Book Value Per Share24.523.33597.9912
Slightly volatile
Free Cash Flow Yield0.01950.02740.0227
Slightly volatile
Operating Cash Flow Per Share6.96.5751.9908
Slightly volatile
Stock Based Compensation To Revenue0.03540.05060.0417
Slightly volatile
Capex To Depreciation0.460.48751.2935
Slightly volatile
PB Ratio9.5910.092253.7497
Slightly volatile
EV To Sales10.7112.112811.4265
Slightly volatile
Free Cash Flow Per Share6.796.46371.9153
Slightly volatile
ROIC0.170.26950.2097
Very volatile
Inventory Turnover1.091.14642.1273
Slightly volatile
Net Income Per Share7.086.74742.0323
Slightly volatile
Days Of Inventory On Hand334318194
Slightly volatile
Payables Turnover5.485.12556.5888
Very volatile
Sales General And Administrative To Revenue0.01930.02030.0416
Slightly volatile
Research And Ddevelopement To Revenue0.240.14590.2169
Slightly volatile
Capex To Revenue0.00560.00590.017
Slightly volatile
Cash Per Share17.016.18856.2167
Slightly volatile
POCF Ratio34.0335.818875.4951
Slightly volatile
Interest Coverage95.6491.0869.0433
Slightly volatile
Capex To Operating Cash Flow0.01610.01690.1221
Slightly volatile
PFCF Ratio34.6136.435699.2201
Slightly volatile
Days Payables Outstanding62.171.212858.0546
Pretty Stable
Income Quality0.860.97451.0119
Pretty Stable
ROE0.350.28910.4288
Slightly volatile
EV To Operating Cash Flow57.7434.897967.292
Slightly volatile
PE Ratio63.5134.904159.8011
Slightly volatile
Return On Tangible Assets0.120.21770.1374
Slightly volatile
EV To Free Cash Flow33.7235.498983.7619
Slightly volatile
Earnings Yield0.01970.02860.0235
Slightly volatile
Current Ratio3.334.39374.061
Slightly volatile
Tangible Book Value Per Share23.2922.18097.5868
Slightly volatile
Receivables Turnover4.415.71965.2095
Slightly volatile
Graham Number62.559.52118.9266
Slightly volatile
Shareholders Equity Per Share24.523.33597.9912
Slightly volatile
Debt To Equity0.00980.01031.1376
Slightly volatile
Capex Per Share0.06210.11130.0723
Slightly volatile
Revenue Per Share19.8918.94326.9395
Slightly volatile
Interest Debt Per Share0.230.160.2292
Slightly volatile
Debt To Assets0.00710.00750.1204
Slightly volatile
Enterprise Value Over EBITDA42.3230.492547.093
Slightly volatile
Short Term Coverage Ratios0.280.320.344
Slightly volatile
Price Earnings Ratio63.5134.904159.8011
Slightly volatile
Operating Cycle207382253
Slightly volatile
Price Book Value Ratio9.5910.092253.7497
Slightly volatile
Days Of Payables Outstanding62.171.212858.0546
Pretty Stable
Price To Operating Cash Flows Ratio34.0335.818875.4951
Slightly volatile
Price To Free Cash Flows Ratio34.6136.435699.2201
Slightly volatile
Pretax Profit Margin0.210.41330.2577
Slightly volatile
Ebt Per Ebit0.781.0730.9621
Slightly volatile
Operating Profit Margin0.210.38520.2626
Slightly volatile
Company Equity Multiplier1.311.37793.6945
Slightly volatile
Long Term Debt To Capitalization0.00970.01030.1914
Slightly volatile
Total Debt To Capitalization0.00970.01030.2239
Slightly volatile
Return On Capital Employed0.250.28090.228
Very volatile
Debt Equity Ratio0.00980.01031.1376
Slightly volatile
Ebit Per Revenue0.210.38520.2626
Slightly volatile
Quick Ratio2.863.37513.4945
Pretty Stable
Dividend Paid And Capex Coverage Ratio62.0259.069924.1806
Slightly volatile
Net Income Per E B T0.680.86180.8449
Pretty Stable
Cash Ratio1.471.01521.4255
Slightly volatile
Cash Conversion Cycle162311196
Slightly volatile
Operating Cash Flow Sales Ratio0.180.34710.2187
Slightly volatile
Days Of Inventory Outstanding334318194
Slightly volatile
Days Of Sales Outstanding74.8763.815272.244
Slightly volatile
Free Cash Flow Operating Cash Flow Ratio0.70.98310.859
Slightly volatile
Cash Flow Coverage Ratios6.7910.097.3878
Slightly volatile
Price To Book Ratio9.5910.092253.7497
Slightly volatile
Fixed Asset Turnover60.5757.690221.123
Slightly volatile
Capital Expenditure Coverage Ratio62.0259.069924.1806
Slightly volatile
Price Cash Flow Ratio34.0335.818875.4951
Slightly volatile
Enterprise Value Multiple42.3230.492547.093
Slightly volatile
Debt Ratio0.00710.00750.1204
Slightly volatile
Cash Flow To Debt Ratio6.7910.097.3878
Slightly volatile
Price Sales Ratio11.912.432411.5159
Slightly volatile
Return On Assets0.110.20980.134
Slightly volatile
Asset Turnover0.750.58920.7102
Slightly volatile
Net Profit Margin0.370.35620.2354
Slightly volatile
Gross Profit Margin0.720.61950.6557
Slightly volatile
Price Fair Value9.5910.092253.7497
Slightly volatile
Return On Equity0.350.28910.4288
Slightly volatile

Arista Networks Valuation Data

Current ValueLast YearHistorical Average 10 Year Trend
Market Cap13.6 B15.3 B16.7 B
Slightly volatile
Enterprise Value13.1 B14.8 B16.1 B
Slightly volatile

Arista Fundamental Market Drivers

Forward Price Earnings40.9836
Cash And Short Term InvestmentsB

Arista Upcoming Events

12th of February 2024
Upcoming Quarterly Report
View
6th of May 2024
Next Financial Report
View
31st of December 2023
Next Fiscal Quarter End
View
12th of February 2024
Next Fiscal Year End
View
30th of September 2023
Last Quarter Report
View
31st of December 2022
Last Financial Announcement
View

About Arista Networks Financial Statements

Arista Networks shareholders use historical fundamental indicators, such as revenue or net income, to determine how well the company is positioned to perform in the future. Although Arista Networks investors may analyze each financial statement separately, they are all interrelated. The changes in Arista Networks' assets and liabilities, for example, are also reflected in the revenues and expenses on on Arista Networks' income statement. Understanding these patterns can help investors time the market effectively. Please read more on our fundamental analysis page.
Last ReportedProjected for Next Year
Current Deferred Revenue915.2 M961 M
Total Revenue5.9 B6.2 B
Cost Of Revenue2.2 B2.3 B
Stock Based Compensation To Revenue 0.05  0.04 
Sales General And Administrative To Revenue 0.02  0.02 
Research And Ddevelopement To Revenue 0.15  0.24 
Capex To Revenue 0.01  0.01 
Revenue Per Share 18.94  19.89 
Ebit Per Revenue 0.39  0.21 

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Additional Tools for Arista Stock Analysis

When running Arista Networks' price analysis, check to measure Arista Networks' market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Arista Networks is operating at the current time. Most of Arista Networks' value examination focuses on studying past and present price action to predict the probability of Arista Networks' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Arista Networks' price. Additionally, you may evaluate how the addition of Arista Networks to your portfolios can decrease your overall portfolio volatility.