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Arista Networks ANET Net debt / EBITDA

Net debt / EBITDA at other companies

Cisco Systems, Inc. logo
Cisco Systems, Inc.CSCO
1.5×0.0×
Extreme Networks logo
Extreme NetworksEXTR
0.4×
Netgear logo
NetgearNTGR
-7.8×
Hewlett Packard Enterprise logo
Hewlett Packard EnterpriseHPE
3.8×+2.2×
Astera Labs, Inc. logo
Astera Labs, Inc.ALAB
-0.2×-0.1×
Ciena logo
CienaCIEN
0.8×-1.2×

Other financials

Income statement

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Revenue$3.0B+37.7%
Gross profit$1.9B+32.8%
Operating income$1.4B+39.7%
Net income$1.2B+36.5%
EPS (diluted)$0.95+35.7%

Balance sheet

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Cash & equivalents$2.3B+2.9%
Total debt$59.6M-9.0%
Total equity$14.8B+35.7%
Total assets$23.7B+43.5%

Cash flow

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Operating cash flow$1.1B-9.8%
CapEx$29.7M+23.8%
Free cash flow$1.1B-10.4%

Valuation

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Market cap$242.56B+39.2%
P/E60×+6.4×
P/S23×+1.1×

Profitability

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Gross margin63%-1.2pp
Operating margin43.1%0.0pp
Net margin38.4%-2.5pp
FCF margin48.9%-1.1pp

Returns & leverage

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Return on equity31.5%-2.2pp
Debt / equity0.0×
Current ratio-0.4×

Where this comes from

Calculated from Arista Networks’s reported figures.

Based on the most recent quarter.

The source filing: Arista Networks’s 10-Q, filed August 5, 2026. Open the filing →

Filed
Aug 4, 2026, 8:00 PM EDT
Fiscal quarter
Q2 FY2026
Calendar quarter
Q2 2026
Accession
0001596532-26-000175

FAQ

What is Arista Networks's net debt / EBITDA?
Arista Networks (ANET) reported net debt / EBITDA of -0.9× in Q4 2024.
How has Arista Networks's net debt / EBITDA changed year-over-year?
Arista Networks's net debt / EBITDA decreased by 11.7% year-over-year, from -0.8× to -0.9×.
What is the long-term trend for Arista Networks's net debt / EBITDA?
Over 4 years (2020 to 2024), Arista Networks's net debt / EBITDA has grown at a -4.9% compound annual growth rate (CAGR), from -1.1× to -0.9×.
What does net debt / EBITDA mean?
Net debt (total debt minus cash) divided by trailing-twelve-month EBITDA. Expresses leverage in years — roughly how long it would take to repay net debt out of operating cash earnings.

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