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Arista Networks ANET Debt-to-assets

Debt-to-assets at other companies

Cisco Systems, Inc. logo
Cisco Systems, Inc.CSCO
0.3×0.0×
Hewlett Packard Enterprise logo
Hewlett Packard EnterpriseHPE
0.3×0.0×
Astera Labs, Inc. logo
Astera Labs, Inc.ALAB
Ciena logo
CienaCIEN
0.3×0.0×
Coherent logo
CoherentCOHR
0.2×-0.1×
CoreWeave, Inc.
 logo
CoreWeave, Inc. CRWV
0.6×+0.1×

Other financials

Income statement

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Revenue$2.7B+35.1%
Gross profit$1.7B+31.4%
Operating income$1.2B+34.8%
Net income$1.0B+25.7%
EPS (diluted)$0.80+25.0%

Balance sheet

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Cash & equivalents$2.8B+51.1%
Total debt$59.6M-9.0%
Total equity$13.5B+33.3%
Total assets$21.7B+49.2%

Cash flow

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Operating cash flow$1.7B+164%
CapEx$54.5M+91.9%
Free cash flow$1.6B+167%

Valuation

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Market cap$213.64B+57.9%
P/E57.4×+12.7×
P/S22×+3.8×

Profitability

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Gross margin63.5%-0.6pp
Operating margin42.8%+0.5pp
Net margin38.3%-2.4pp
FCF margin54.4%+3.5pp

Returns & leverage

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Return on equity31.5%-2.2pp
Debt / equity0.0×
Current ratio2.8×-1.1×

Where this comes from

Calculated from Arista Networks’s reported figures.

Based on the most recent quarter.

The official record: Arista Networks’s 10-Q, filed May 6, 2026, on SEC EDGAR. View the filing →

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Questions, answered.

What is Arista Networks's debt-to-assets?
Arista Networks (ANET) reported debt-to-assets of 0× in Q4 2024.
How has Arista Networks's debt-to-assets changed year-over-year?
Arista Networks's debt-to-assets decreased by 36.4% year-over-year, from 0× to 0×.
What is the long-term trend for Arista Networks's debt-to-assets?
Over 4 years (2020 to 2024), Arista Networks's debt-to-assets has grown at a -31.4% compound annual growth rate (CAGR), from 0× to 0×.
What does debt-to-assets mean?
What fraction of everything the company owns is funded by debt.
How do you interpret debt-to-assets?
A lower ratio indicates a more conservatively financed balance sheet. Rising debt-to-assets over time signals increasing financial risk.
How does debt-to-assets compare across companies?
Comparable within an industry; bounded between 0 and 1 for most non-financials, which makes cross-company reads cleaner than debt-to-equity.