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Price / book at other companies

Cisco Systems, Inc. logo
Cisco Systems, Inc.CSCO
7.4×+2.5×
Hewlett Packard Enterprise logo
Hewlett Packard EnterpriseHPE
1.5×+0.6×
Astera Labs, Inc. logo
Astera Labs, Inc.ALAB
12.5×+3.2×
Ciena logo
CienaCIEN
25.8×+22.5×
Coherent logo
CoherentCOHR
4.2×+2.3×
CoreWeave, Inc.
 logo
CoreWeave, Inc. CRWV
8.6×

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+51.2%
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$207.67B+57.9%
P/E55.8×+12.4×
P/S21.4×+3.7×

Profitability

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

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 price / book?
Arista Networks (ANET) reported price / book of 11.4× in Q1 2026.
How has Arista Networks's price / book changed year-over-year?
Arista Networks's price / book increased by 18.5% year-over-year, from 9.7× to 11.4×.
What is the long-term trend for Arista Networks's price / book?
Over 4 years (2021 to 2025), Arista Networks's price / book has grown at a 11.3% compound annual growth rate (CAGR), from 32.2× to 49.3×.
What does price / book mean?
How the market price compares to the company's accounting net worth.
How do you interpret price / book?
Below 1.0 can flag a market discount to book value (common for distressed or asset-heavy firms); high values reflect intangible value the balance sheet doesn't capture. Most informative for financials and asset-heavy businesses.
How does price / book compare across companies?
A core valuation gauge for banks and insurers; weak for asset-light firms where book value understates economic value.