Arista Networks ANET Ratios & Valuation
| Q1 '26 | Q4 '25 | Q3 '25 | Q2 '25 | Q1 '25 | ||
|---|---|---|---|---|---|---|
| Profitability | ||||||
| Gross margin | 63.5%-0.5pp | 64.1%-0.3pp | 64.3%+0.1pp | 64.2%+0.1pp | 64.1%0.0pp | |
| Operating margin | 42.8%0.0pp | 42.8%-0.1pp | 42.9%-0.3pp | 43.1%+0.9pp | 42.3%+0.2pp | |
| Net margin | 38.3%-0.7pp | 39%-0.7pp | 39.7%-1.2pp | 40.9%+0.2pp | 40.7%0.0pp | |
| Returns | ||||||
| Return on equity | 31.5%+0.1pp | 31.4%-0.3pp | 31.7%-1.9pp | 33.6%0.0pp | 33.7%+0.5pp | |
| Efficiency | ||||||
| Asset turnover | 0.5×0.0× | 0.5×0.0× | 0.5×0.0× | 0.6×0.0× | 0.6×0.0× | |
| Liquidity | ||||||
| Current ratio | 2.8×-0.2× | 3×-0.2× | 3.3×-0.1× | 3.3×-0.6× | 3.9×-0.4× | |
| Per Share | ||||||
| Book value per share | $10.59+9.2% | $9.70+4.0% | $9.33+8.8% | $8.58+8.4% | $7.91+1.4% | |
| Valuation | ||||||
| Market capitalization | $154.28B-6.5% | $165B-9.9% | $183.14B+53.5% | $119.27B+22.1% | $97.71B-29.8% | |
| Price / earnings | 41.5×-5.5× | 47×-7.6× | 54.6×+17.9× | 36.7×+4.4× | 32.3×-16.6× | |
| Price / sales | 15.9×-2.4× | 18.3×-3.4× | 21.7×+6.7× | 15×+1.9× | 13.1×-6.7× | |
| Price / book | 11.4×-1.9× | 13.3×-2.0× | 15.4×+4.4× | 10.9×+1.3× | 9.7×-4.3× |
Chart any of these lines over time, or line them up against competitors.
Compare these in charts →Questions, answered.
- What are Arista Networks's profit margins?
- Arista Networks (ANET) runs a 63.5% gross margin and a 42.8% operating margin, with a 38.3% net margin.
- Where do Arista Networks's ratios come from?
- Every ratio is computed from Arista Networks's SEC filings — trailing-twelve-month flows over period-end balances. Valuation multiples combine those fundamentals with market data, recomputed each period. Switch between quarterly, annual, and TTM, or open any ratio for its full history and peer comparisons.
