Valuation Arista Networks, Inc.

Equities

Real-time Estimate Cboe BZX Other stock markets 15:28:06 10/03/2026 GMT			5-day change	1st Jan Change
140.84 ^USD	+2.68%		+12.27%	+6.76%

03-03	Arista Networks, Inc. Presents at Morgan Stanley Technology, Media & Telecom Conference 2026, Mar-03-2026 11:30 AM
02-26	Arista Networks, Inc. Presents at Bernstein Insights: What's next in tech? - 4th Annual Tech, Media, Telecom Forum, Feb-25-2026 01:00 PM

Data adjusted to current consolidation scope

Fiscal Period: December	2021	2022	2023	2024	2025	2026	2027	2028
Capitalization ¹	44,172	37,081	73,267	139,241	165,004	172,359	-	-
Change	-	-16.05%	97.59%	90.05%	18.5%	4.46%	-	-
Enterprise Value (EV) ¹	40,764	34,058	68,259	130,938	154,261	158,654	154,205	149,187
Change	-	-16.45%	100.42%	91.82%	17.81%	2.85%	-2.8%	-3.25%
P/E ratio	54.7x	28.4x	35.8x	49.6x	47.6x	41.6x	34.3x	26.2x
PBR	11.1x	7.61x	10.1x	13.9x	13.3x	10.5x	8.1x	6.12x
PEG	-	0.5x	0.7x	1.4x	2x	2.1x	1.6x	0.8x
Capitalization / Revenue	15x	8.46x	12.5x	19.9x	18.3x	15.1x	12.5x	10.2x
EV / Revenue	13.8x	7.77x	11.6x	18.7x	17.1x	13.9x	11.2x	8.86x
EV / EBITDA	34.2x	18.3x	25.5x	38.6x	35x	29.5x	23.5x	18.7x
EV / EBIT	35.7x	19x	26.2x	39.4x	35.6x	29.9x	23.8x	18.7x
EV / FCF	42.9x	76x	34.1x	35.6x	36.3x	32.6x	27.4x	22.3x
FCF Yield	2.33%	1.32%	2.93%	2.81%	2.76%	3.07%	3.65%	4.48%
Dividend per Share ²	-	-	-	-	-	-	-	-
Rate of return	-	-	-	-	-	-	-	-
EPS ²	0.6575	1.068	1.645	2.23	2.75	3.301	3.999	5.24
Distribution rate	-	-	-	-	-	-	-	-
Net sales ¹	2,948	4,381	5,860	7,003	9,006	11,435	13,739	16,841
EBITDA ¹	1,191	1,859	2,674	3,389	4,410	5,385	6,574	7,982
EBIT ¹	1,141	1,796	2,603	3,327	4,337	5,309	6,477	7,961
Net income ¹	840.9	1,352	2,087	2,852	3,511	4,199	5,101	6,270
Net Debt ¹	-3,408	-3,024	-5,008	-8,303	-10,743	-13,706	-18,154	-23,172
Reference price ²	35.94	30.34	58.88	110.53	131.03	137.17	137.17	137.17
Nbr of stocks (in thousands)	1,229,134	1,222,290	1,244,401	1,259,760	1,259,285	1,256,538	-	-
Announcement Date	14/02/22	13/02/23	12/02/24	18/02/25	12/02/26	-	-	-

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 (Y)	EV / Sales (Y)	EV / EBITDA (Y)	Dividend Yield (Y)	Capi.($)
ARISTA NETWORKS, INC.	41.55x	13.87x	29.46x	-.--%	172B
CISCO SYSTEMS, INC.	24.94x	5.06x	13.12x	2.17%	301B
FOXCONN INDUSTRIAL INTERNET CO., LTD.	29.94x	1.11x	21.54x	1.83%	152B
ZHONGJI INNOLIGHT CO., LTD.	55.46x	15.39x	43.15x	0.25%	84.62B
MOTOROLA SOLUTIONS, INC.	32.72x	6.51x	19.24x	1.06%	75.88B
GARMIN LTD.	25.91x	5.5x	19.38x	1.7%	46.7B
UBIQUITI INC.	50.17x	-	-	-	45.54B
NOKIA OYJ	26.76x	1.67x	11.11x	2.14%	43.44B
CIENA CORPORATION	75.4x	7.39x	34.88x	-.--%	45.04B
HANGZHOU HIKVISION DIGITAL TECHNOLOGY CO., LTD.	20.83x	2.59x	14.07x	2.63%	41.35B
Average	38.37x	6.57x	22.88x	1.31%	100.77B
Weighted average by Cap.	35.03x	6.91x	21.77x	1.37%