Arista Networks Inc (ANET US)
ANET US$186.72
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Performance
Advanced charting functionality with the ability to amend timeframes, chart type & indicator selection, powered by TradingView.
Share price activity
Displays share price activity. Volume = number of shares traded, Turnover = value of shares traded, VWAP = volume-weighted average price for the day, sourced from Morningstar.
- Last (Price)
- 186.72
- Change
- ▼ -0.28 (-0.15)
- Bid / Ask
- 0.00 - 0.00
- Volume
- 1,532,229
- Turnover
- 245,587,398
- Open
- 191.10
- Day Range
- 184.89 - 191.10
- VWAP
- 187.11
- Prev Close
- 187.00
- Last Trade
- 28/10 4:10pm
Key information
Displays key information on the security, sourced from Morningstar.
- Sector
- Technology
- Shares Issued
- 1,261,224,648
- NTA/Share
- 9.51
- Last Dividend
- —
- Dividend Ex Date
- —
- Dividend Pay Date
- —
Current (USD) · FY2025
Displays key financial data for the most recent fiscal year, in millions. Note - Per share data is in local currency terms irrespective of reporting currency, and may be different to the stated currency, sourced from Morningstar.
- Revenue
- 9,005.70
- EBITDA
- 3,938.90
- Profit
- 3,511.40
- Earnings Per Share (EPS)
- 2.75
- Dividend Per Share (DPS)
- —
- Yield %
- 0.00
- Market Cap
- 235,495.87
- Price to Earnings Ratio (P/E)
- 59.09
Estimates (USD) · FY2027
Displays consensus analyst’s estimates for key measures for the next fiscal year, sourced from Morningstar.
- Revenue
- 16,359.80
- EBITDA
- 7,866.50
- Profit
- 6,708.76
- Earnings Per Share (EPS)
- 5.06
- Dividend Per Share (DPS)
- 0.00
Quantitative rating
Displays Morningstar’s Quantitative Equity Research Rating for the security: a star rating from 1 (overvalued) to 5 (undervalued) from the share price against a fair value estimated by a statistical model of Morningstar’s analyst ratings, with the model’s economic moat, financial health and fair value uncertainty, sourced from Morningstar.
Undervalued
- Economic Moat
- Wide
- Financial Health
- Moderate
- Uncertainty
- High
Morningstar Quantitative Rating as of 21 OCT 2026.
Quantitative Equity Rating Methodology – view here
Fair value estimate
Displays Morningstar’s quantitative fair value estimate for the security against the current share price, with the band around it: the five-star price below which the model would rate the stock five stars and the one-star price above which it would rate it one star, sourced from Morningstar.
Five-star price 166.67 Fair value 200.24 One-star price 240.58
Morningstar Quantitative Rating as of 21 OCT 2026.
Quantitative valuation
Displays where the share price sits in Morningstar’s quantitative fair value band, from the five-star price (undervalued) to the one-star price (overvalued), with the fair value estimate, the price to fair value ratio, the model’s valuation label and its uncertainty rating, sourced from Morningstar.
Buy
Sell
- Fair Value
- 200.24
- Price / Fair Value
- 0.92
- Valuation
- Undervalued
- Uncertainty
- High
Morningstar Quantitative Rating as of 21 OCT 2026. The slider runs from the five-star price (166.67) to the one-star price (240.58).
Displays useful ratios for the security, NB the pricing date used, sourced from Morningstar.
| Ratios |
|---|
| Currency (Price/reporting): USD/USD |
| Exchange Rate: 1.0000 |
Price, volume and trading statistics for the security, sourced from Morningstar.
| Price - closing or last bid | 184.33 |
| Price - 12 month high | 217.30 |
| Price - 12 month low | 114.52 |
| Pricing date | 20 OCT 2026 |
| Volume - avg. trading volume for the last ten days | 6.20 |
| Market capitalization | 232,481.54 |
| 12 Month High price date | 9 OCT 2026 |
| 12 Month Low price date | 21 NOV 2025 |
| Volume - avg. trading volume for the last 3 months | 6.04 |
| Price - 1 Day % Change | 1.73% |
| Price - 13 week price percent change | 5.58% |
| Price - 26 week price percent change | 6.64% |
| Price - 5 Day % Change | -5.67% |
| Price - 52 week price percent change | 26.31% |
| Price - YTD price percent change | 39.18% |
| Price % Change Month To Date | -10.27% |
Earnings, dividends, cash flow and book value per share, sourced from Morningstar.
| EPS excluding extraordinary items - most recent fiscal year | 2.750 |
| EPS excluding extraordinary items - trailing 12 month | 3.170 |
| EPS Normalized - most recent fiscal year | 2.980 |
| Revenue/share - most recent fiscal year | 7.059 |
| Revenue/share - trailing 12 month | 8.264 |
| Book value per share - most recent fiscal year | 9.845 |
| Book value per share - most recent quarter | 11.733 |
| Book value (tangible) per share - most recent fiscal year | 9.514 |
| Book value (tangible) per share - most recent quarter | 11.198 |
| Cash per share - most recent fiscal year | 1.563 |
| Cash per share - most recent quarter | 1.816 |
| Cash Flow per share - most recent fiscal year | 2.888 |
| Cash Flow per share - trailing 12 month | 3.477 |
| Dividend per share - most recent fiscal year | — |
| Dividends per share - trailing 12 month | 0.000 |
| EBITD per share - trailing 12 month | 3.644 |
| EPS Basic excluding extraordinary items - most recent fiscal year | 2.790 |
| EPS Basic excluding extraordinary items - trailing 12 month | 3.220 |
| EPS including extraordinary items - most recent fiscal year | 2.790 |
| EPS including extraordinary items - trailing 12 month | 3.220 |
| Free Cash Flow per share - trailing 12 month | 3.359 |
Valuation multiples such as P/E, price to sales, price to book and enterprise value ratios, sourced from Morningstar.
| P/E excluding extraordinary items, most recent fiscal year | 58.15 |
| P/E Normalized, most recent fiscal year | 53.27 |
| Price to sales - most recent fiscal year | 22.31 |
| Price to Tangible Book - most fiscal year | 16.46 |
| Price to Free Cash Flow per Share - most recent fiscal year | 54.88 |
| Price to Cash Flow per share - trailing 12 month | 53.01 |
| Price to Book - most recent fiscal year | 15.71 |
| P/E excluding extraordinary items high, trailing 12 months | 68.37 |
| P/E excluding extraordinary items low, trailing 12 months | 42.23 |
| Net Debt, LFI | -13,343.30 |
| Net Debt, LFY | -10,743.00 |
| Dividend Yield - 5 Year Average | — |
| Dividend Yield - indicated annual dividend divided by closing price | — |
| Current Dividend Yield - Common Stock Primary Issue, LTM | 0.00% |
Cash flow, liquidity and leverage measures, sourced from Morningstar.
| Free Cash Flow - most recent fiscal year | 3,564.60 |
| LT debt/equity - most recent fiscal year | 0.00% |
| Payout ratio - most recent fiscal year | — |
| Total debt/total equity - most recent fiscal year | 0.00% |
| LT debt/equity - most recent quarter | 0.00% |
| Total debt/total equity - most recent quarter | 0.00% |
| Free Cash Flow - trailing 12 month | 4,284.40 |
| Payout ratio - trailing 12 month | — |
Key income statement lines for the most recent fiscal year, in millions, sourced from Morningstar.
| Revenue - most recent fiscal year | 9,005.70 |
| Revenue - trailing 12 month | 10,540.80 |
| EBITD - most recent fiscal year | 3,938.90 |
| EBITD - trailing 12 month | 4,648.60 |
| Earnings before taxes - most recent fiscal year | 4,249.70 |
| Earnings before taxes - trailing 12 month | 4,990.20 |
| Net Income available to common - most recent fiscal year | 3,511.40 |
| Net Income available to common - trailing 12 months | 4,044.60 |
| Earnings before taxes Normalized - most recent fiscal year | 4,688.90 |
| Net Income Available to Common, Normalized - most recent fiscal year | 3,806.00 |
| Earnings per Share, Normalized, Excluding Extraordinary Items, Avg. Diluted Shares Outstanding, TTM | 3.46 |
Profitability margins for the most recent fiscal year, sourced from Morningstar.
| Net Profit Margin % - 1st historical fiscal year | 38.99% |
| Net Profit Margin % - trailing 12 month | 38.37% |
| Operating margin - 1st historical fiscal year | 42.82% |
| Operating margin - trailing 12 month | 43.14% |
| Pretax margin - trailing 12 month | 47.34% |
| Pretax margin - 1st historical fiscal year | 47.19% |
| Operating Margin - 5 year average | 37.92% |
| Pretax Margin - 5 year average | 40.56% |
| Free Operating Cash Flow/Revenue, 5 Year Average | 35.20% |
| Free Operating Cash Flow/Revenue, TTM | 40.65% |
| Net Profit Margin - 5 year average | 34.95% |
Returns on average assets and equity for the fiscal year, the trailing 12 months and as 5 year averages, and net income and revenue per employee in whole currency, sourced from Morningstar.
| Return on average assets - most recent fiscal year | 21.26% |
| Return on average assets - trailing 12 month | 20.34% |
| Return on average equity - most recent fiscal year | 31.75% |
| Return on average equity - trailing 12 month | 31.87% |
| Return on average assets - 5 year average | 21.92% |
| Return on average equity - 5 year average | 31.26% |
| Net Income/employee - most recent fiscal year | 686,490.71 |
| Revenue/employee - most recent fiscal year | 1,760,645.16 |
Growth in revenue, earnings, dividends and book value over recent periods, sourced from Morningstar.
| Revenue growth rate, 5 year | 31.19% |
| EPS growth rate, 5 year | 40.63% |
| Growth rate% - dividend, 3 year | — |
| Revenue/share (5 yr growth) | 31.10% |
| Growth rate% - Revenue, 3 year | 27.15% |
| Growth rate% - EPS, 3 year | 36.98% |
| Book value per share growth rate, 5 year | 29.30% |
| Capital Spending growth rate, 5 year | 50.68% |
| Earnings Before Interest, Taxes, Depreciation & Amortization, 5 Year CAGR | 39.45% |
Displays analyst’s forecasts for key measures. The estimates can be expanded to see the spread of the calls. Full lines = reported, and dotted lines are forward estimates. Click a measure to add or remove it from the chart, sourced from Morningstar.
Financial forecast (USD, millions except per share)
| Actuals | Estimates | |||||||
| 2025 | 2026 | 2027 | 2028 | 2029 | ||||
| Estimate breakdown | ||||||||
Financial metrics can be plotted on the graph to see trends. Multiple metrics from multiple statements can be plotted against each other, sourced from Morningstar.
Financials (USD, millions)
| Period end: | DEC 21 | DEC 22 | DEC 23 | DEC 24 | DEC 25 |
| Fiscal year: | 2021 | 2022 | 2023 | 2024 | 2025 |
| Period length: | 12 months | 12 months | 12 months | 12 months | 12 months |
Displays all company announcements released by the company to the exchange, sourced from Morningstar.
Announcements
Announcements are available for ASX-listed companies only.
Opinion
No opinions for this company yet.
Action
No actions for this company yet.
Business Summary
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 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-fourths of its sales from North America.
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