Arista Networks, Inc. (ANET)

Last Closing Price: 259.61 (2024-02-20)

Company Description

Arista Networks, Inc. is engaged in providing cloud networking solutions for data centers and cloud computing environments. The company offers 10/25/40/50/100 Gigabit Ethernet switches and routers optimized for next generation data center networks. Arista uses multiple silicon architectures across its products. At the core of the company's cloud networking solutions is the Linux-based Extensible Operating System (EOS), which was architected to be fully programmable and highly modular.EOS supports leading cloud and virtualization solutions, including Microsoft System Center, OpenStack and other cloud management frameworks. The company co-authored the Virtual Extensible LAN (VXLAN) protocol specification with VMware and was the first to demonstrate VXLAN integration. Moreover, it has now expanded VXLAN routing and integration.

Financials, Fundamental Metrics & Ratios
Revenue (Most Recent Fiscal Year) $5.86B
Net Income (Most Recent Fiscal Year) $2.09B
PE Ratio (Current Year Earnings Estimate) 39.49
PE Ratio (Trailing 12 Months) 42.56
PEG Ratio (Long Term Growth Estimate) 2.26
Price to Sales Ratio (Trailing 12 Months) 13.96
Price to Book Ratio (Most Recent Quarterly Book Value per Share) 11.28
Price to Cash Ratio (Most Recent Annual Cash Flow per Share) 41.19
Pre-Tax Margin (Trailing 12 Months) 41.33%
Net Margin (Trailing 12 Months) 35.62%
Return on Equity (Trailing 12 Months) 31.44%
Return on Assets (Trailing 12 Months) 22.54%
Current Ratio (Most Recent Fiscal Quarter) 4.39
Quick Ratio (Most Recent Fiscal Quarter) 3.38
Debt to Common Equity (Most Recent Fiscal Quarter) 0.00
Inventory Turnover (Trailing 12 Months) 1.21
Book Value per Share (Most Recent Fiscal Quarter) $23.09
Earnings per Share (Most Recent Fiscal Quarter) $1.85
Earnings per Share (Most Recent Fiscal Year) $6.12
Diluted Earnings per Share (Trailing 12 Months) $6.57
Stock
Exchange NYSE
Sector Technology
Industry Computer Hardware
Common Shares Outstanding 312.63M
Free Float 253.26M
Market Capitalization $81.83B
Average Volume (Last 20 Days) 2.83M
Beta (Past 60 Months) 1.13
Percentage Held By Insiders (Latest Annual Proxy Report) 18.99%
Percentage Held By Institutions (Latest 13F Reports) 67.13%
Annual Dividend (Based on Last Quarter) $0.00
Dividend Yield (Based on Last Quarter) 0.00%