Valuation Arista Networks, Inc.

Stocks

Market Closed - NYSE 16:00:03 2026-09-10 EDT			After hours 18:54:18
188.99 ^USD	-2.04%		188.80	-0.10%

09-10	Arista Networks, Inc. Presents at Citi?s 2026 Global TMT Conference, Sep-10-2026 01:15 PM
09-08	Arista Networks, Inc. Presents at Goldman Sachs Communacopia + Technology Conference 2026, Sep-08-2026 08:50 AM

Data adjusted to current consolidation scope

Fiscal Period: December	2021	2022	2023	2024	2025	2026	2027	2028
Market Cap ¹	44,172	37,081	73,267	139,241	165,004	243,328	-	-
Change	-	-16.05%	97.59%	90.05%	18.5%	47.47%	-	-
Enterprise Value (EV) ¹	40,764	34,058	68,259	130,938	154,261	227,915	223,106	218,821
Change	-	-16.45%	100.42%	91.82%	17.81%	47.75%	-2.11%	-1.92%
P/E	54.7x	28.4x	35.8x	49.6x	47.6x	49.8x	39.1x	31.4x
PBR	11.1x	7.61x	10.1x	13.9x	13.3x	13.9x	10.6x	8.06x
PEG	-	0.5x	0.7x	1.4x	2x	1.3x	1.4x	1.3x
Capitalization / Revenue	15x	8.46x	12.5x	19.9x	18.3x	19.2x	15.1x	12.4x
EV / Revenue	13.8x	7.77x	11.6x	18.7x	17.1x	18x	13.8x	11.1x
EV / EBITDA	34.2x	18.3x	25.5x	38.6x	35x	36.1x	27.1x	22.1x
EV / EBIT	35.7x	19x	26.2x	39.4x	35.6x	37.1x	28.1x	22.3x
EV / FCF	42.9x	76x	34.1x	35.6x	36.3x	40x	33.5x	28.1x
FCF Yield	2.33%	1.32%	2.93%	2.81%	2.76%	2.5%	2.99%	3.56%
Dividend per Share ²	-	-	-	-	-	-	-	-
Rate of return	-	-	-	-	-	-	-	-
EPS ²	0.6575	1.068	1.645	2.23	2.75	3.792	4.83	6.012
Distribution rate	-	-	-	-	-	-	-	-
Net sales ¹	2,948	4,381	5,860	7,003	9,006	12,666	16,156	19,648
EBITDA ¹	1,191	1,859	2,674	3,389	4,410	6,311	8,224	9,902
EBIT ¹	1,141	1,796	2,603	3,327	4,337	6,147	7,954	9,796
Net income ¹	840.9	1,352	2,087	2,852	3,511	4,865	6,078	7,333
Net Debt ¹	-3,408	-3,024	-5,008	-8,303	-10,743	-15,413	-20,222	-24,507
Reference price ²	35.94	30.34	58.88	110.53	131.03	188.99	188.99	188.99
Nbr of stocks (in thousands)	1,229,134	1,222,290	1,244,401	1,259,760	1,259,285	1,261,225	-	-
Announcement Date	2/14/22	2/13/23	2/12/24	2/18/25	2/12/26	-	-	-

¹USD in Million²USD

Estimates

Add to a list 0 selected To use this feature you must be a member Log in Sign up	P/E (N)	EV / Sales (N)	EV / EBITDA (N)	Dividend Yield (N)	Capi.($)
ARISTA NETWORKS, INC.	50.88x	17.99x	36.11x	-.--%	243B
CISCO SYSTEMS, INC.	26.88x	5.97x	15.47x	1.56%	431B
FOXCONN INDUSTRIAL INTERNET CO., LTD.	21.99x	0.88x	15.78x	2.11%	193B
ZHONGJI INNOLIGHT CO., LTD.	29.4x	9.31x	22.47x	0.44%	159B
LUMENTUM HOLDINGS INC.	46.65x	13.85x	31.4x	-.--%	88.71B
MOTOROLA SOLUTIONS, INC.	33.37x	6.48x	18.52x	1.01%	76.11B
NOKIA OYJ	44.86x	2.38x	15.48x	1.61%	61.05B
GARMIN LTD.	27.18x	6.13x	20.45x	1.52%	52.49B
CIENA CORPORATION	58.68x	7.56x	33.43x	-.--%	47.93B
HANGZHOU HIKVISION DIGITAL TECHNOLOGY CO., LTD.	17.18x	2.66x	11.43x	4.28%	46.1B
Average	35.71x	7.32x	22.06x	1.25%	139.93B
Weighted average by Cap.	33.84x	8.06x	21.75x	1.14%