Arista Networks

Arista Networks

Communications Equipment
Arista Networks is a networking equipment provider that primarily sells Ethernet switches and software to data centers. Its marquee product is its extensible operating system, or EOS, that runs a single image across every single one of its devices. The firm operates as one reportable segment. It has steadily gained market share since its founding in 2004, with a focus on high-speed applications. Arista counts Microsoft and Meta Platforms as its largest customers and derives roughly three quarters of its sales from North America.

$201.1B

Market Cap • 11/5/2026

2004

(22 years)

Founded

2014

(12 years ago)

IPO

NYSE

Listing Exchange

Flag of United States

United States

Country

S&P500 Participant

Index Composite • 2026

Valuation

P/B

12,2

P/S

16,9

P/EBITDA

37,9

P/OCF

38,4

P/FCF

40,5

P/E

42,8

BVPS

13

EPS

3,7

Market Cap

Market Cap

201,1B

EV

186,7B

EV/Revenue

15,7

EV/EBITDA

35,2

EV/EBIT

35,8

Payout

Dividend Per Share

0

Dividend Yield

0%

Buyback Yield

0,3%

Total Yield

0,3%

Payout

0%

Retained Earnings

13,2B

Profitability

Gross Margin

62,9%

EBITDA Margin

44,6%

EBIT Margin

43,8%

Net Margin

40%

D&A/EBITDA

0%

R&D/Revenue

12,8%

Capex/Revenue

2,3%

Capex/D&A

294,6%

Capex/OCF

5,2%

SBC/OCF

9,8%

% PPE

1,5%

% Goodwill

1,6%

ROE

33,5%

ROIC

113,9%

Growth

CAGR Revenue 5Y

33,8%

CAGR Op. Income 5Y

43,6%

CAGR Net Income 5Y

43,4%

CAGR EPS 5Y

43,2%

CAGR OCF 5Y

39,9%

Leverage

N.D./EBITDA

—

Debt/Equity

0%

Current Ratio

3,3

Quick Ratio

2,5

Interest Coverage

—

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