ANET - Arista Networks, Inc.
NYSE
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Technology
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Computer Hardware
Santa Clara,
United States
Type: Equity
ANET price evolution
ANET
| (in millions $) | 30 Oct 2024 | 30 Jun 2024 | 31 Mar 2024 | 31 Dec 2023 |
|---|---|---|---|---|
| Current assets | ||||
| Cash | $2429.03 | $2092.1 | $1938.61 | |
| Short term investments | $3844.92 | $3357.6 | $3069.36 | |
| Net receivables | $1130.9 | $1226.8 | $1090.04 | $1024.57 |
| Inventory | $1883.67 | $1853.78 | $2025.2 | $1945.18 |
| Total current assets | $10877.94 | $9842.32 | $8926.28 | $8390.24 |
| Long term investments | ||||
| Property, plant & equipment | $93.03 | $96.28 | $97.95 | $101.58 |
| Goodwill & intangible assets | $343.92 | $350.61 | $357.3 | |
| Total noncurrent assets | $1780.92 | $1623.9 | $1556.57 | |
| Total investments | $3844.92 | $3357.6 | $3069.36 | |
| Total assets | $12846.72 | $11623.24 | $10550.18 | $9946.81 |
| Current liabilities | ||||
| Accounts payable | $289.16 | $297.83 | $223.31 | $435.06 |
| Deferred revenue | $2118.79 | $1663.24 | $1506.2 | |
| Short long term debt | ||||
| Total current liabilities | $2434.37 | $2161.88 | $1783.06 | $1909.61 |
| Long term debt | ||||
| Total noncurrent liabilities | $1030.55 | $904.8 | $818.14 | |
| Total debt | ||||
| Total liabilities | $3600.83 | $3192.43 | $2687.86 | $2727.75 |
| Shareholders' equity | ||||
| Retained earnings | $6865.26 | $6182.48 | $5689.06 | $5114.02 |
| Other shareholder equity | $9.59 | -$15.06 | -$11.93 | -$3.33 |
| Total shareholder equity | $8430.81 | $7862.31 | $7219.06 | |
| (in millions $) | 31 Dec 2023 | 31 Jan 2023 | 31 Dec 2021 | 31 Dec 2020 |
|---|---|---|---|---|
| Current assets | ||||
| Cash | $1938.61 | $671.71 | $620.81 | $893.22 |
| Short term investments | $3069.36 | $2352.02 | $2787.5 | $1979.65 |
| Net receivables | $1024.57 | $934.15 | $516.51 | $389.54 |
| Inventory | $1945.18 | $1451.75 | $650.12 | $479.67 |
| Total current assets | $8390.24 | $5550.75 | $4812.68 | $3837 |
| Long term investments | $39.47 | $20.25 | $8.31 | |
| Property, plant & equipment | $101.58 | $148.4 | $143.82 | $109.52 |
| Goodwill & intangible assets | $357.3 | $388.13 | $281.95 | $312.49 |
| Total noncurrent assets | $1556.57 | $1224.66 | $921.75 | $901.92 |
| Total investments | $3069.36 | $2391.49 | $2807.75 | $1987.96 |
| Total assets | $9946.81 | $6775.41 | $5734.43 | $4738.92 |
| Current liabilities | ||||
| Accounts payable | $435.06 | $232.57 | $202.64 | $134.24 |
| Deferred revenue | $1506.2 | $1041.25 | $929.31 | $650.83 |
| Short long term debt | ||||
| Total current liabilities | $1909.61 | $1293.53 | $1109.83 | $768.24 |
| Long term debt | $43.96 | $56.53 | $72.4 | |
| Total noncurrent liabilities | $818.14 | $596.06 | $646 | $650.38 |
| Total debt | $43.96 | $56.53 | $72.4 | |
| Total liabilities | $2727.75 | $1889.59 | $1755.83 | $1418.63 |
| Shareholders' equity | ||||
| Retained earnings | $5114.02 | $3138.98 | $2456.82 | $2027.61 |
| Other shareholder equity | -$3.33 | -$33.91 | -$8.3 | $0.24 |
| Total shareholder equity | $7219.06 | $4885.82 | $3978.6 | $3320.29 |
| (in millions $) | 30 Oct 2024 | 30 Jun 2024 | 31 Mar 2024 | 31 Dec 2023 |
|---|---|---|---|---|
| Revenue | ||||
| Total revenue | $1810.94 | $1690.4 | $1571.37 | $1540.44 |
| Cost of revenue | $593.19 | $570 | $541.21 | |
| Gross Profit | $1161.72 | $1097.21 | $1001.38 | $999.23 |
| Operating activities | ||||
| Research & development | $267.48 | $208.4 | $211.48 | |
| Selling, general & administrative | $130.16 | $132.84 | $147.83 | |
| Total operating expenses | $376.47 | $397.64 | $341.24 | $359.31 |
| Operating income | $699.57 | $660.14 | $639.91 | |
| Income from continuing operations | ||||
| EBIT | $770.44 | $722.76 | $694.39 | |
| Income tax expense | $134.97 | $105.01 | $85.07 | $80.75 |
| Interest expense | $97.77 | |||
| Net income | ||||
| Net income | $747.94 | $665.43 | $637.69 | $613.64 |
| Income (for common shares) | $665.43 | $637.69 | $613.64 | |
| (in millions $) | 31 Dec 2023 | 31 Dec 2022 | 31 Dec 2021 | 31 Dec 2020 |
|---|---|---|---|---|
| Revenue | ||||
| Total revenue | $5860.17 | $4381.31 | $2948.04 | $2317.51 |
| Cost of revenue | $2229.89 | $1705.61 | $1067.26 | $835.63 |
| Gross Profit | $3630.28 | $2675.7 | $1880.78 | $1481.89 |
| Operating activities | ||||
| Research & development | $854.92 | $728.39 | $586.75 | $486.59 |
| Selling, general & administrative | $518.11 | $420.2 | $369.29 | $295.61 |
| Total operating expenses | $1373.03 | $1148.59 | $956.04 | $782.2 |
| Operating income | $2257.25 | $1527.11 | $924.74 | $699.68 |
| Income from continuing operations | ||||
| EBIT | $2422.03 | $1581.8 | $930.88 | $738.86 |
| Income tax expense | $334.7 | $229.35 | $90.03 | $104.31 |
| Interest expense | ||||
| Net income | ||||
| Net income | $2087.32 | $1352.45 | $840.85 | $634.56 |
| Income (for common shares) | $2087.32 | $1352.45 | $840.85 | $634.56 |
| (in millions $) | 30 Oct 2024 | 30 Jun 2024 | 31 Mar 2024 | 31 Dec 2023 |
|---|---|---|---|---|
| Net income | $665.43 | $637.69 | $613.64 | |
| Operating activities | ||||
| Depreciation | $20.21 | $20.19 | $19.02 | |
| Business acquisitions & disposals | ||||
| Stock-based compensation | $79.29 | $77.22 | $81.36 | |
| Total cash flows from operations | $989.01 | $513.8 | $526.46 | |
| Investing activities | ||||
| Capital expenditures | -$3.16 | -$9.39 | -$6.01 | |
| Investments | -$474.73 | -$286.25 | -$330.95 | |
| Total cash flows from investing | -$1147.41 | -$477.89 | -$295.65 | -$336.96 |
| Financing activities | ||||
| Dividends paid | ||||
| Sale and purchase of stock | -$162.64 | -$37.51 | $8.3 | |
| Net borrowings | ||||
| Total cash flows from financing | -$291.77 | -$173.1 | -$63.05 | -$1.33 |
| Effect of exchange rate | -$1.01 | -$1.08 | -$1.61 | $1.61 |
| Change in cash and equivalents | $1237.07 | $336.94 | $153.5 | $189.79 |
| (in millions $) | 31 Dec 2023 | 31 Dec 2022 | 31 Dec 2021 | 31 Dec 2020 |
|---|---|---|---|---|
| Net income | $2087.32 | $1352.45 | $840.85 | $634.56 |
| Operating activities | ||||
| Depreciation | $88.87 | $81.35 | $67.45 | $61.56 |
| Business acquisitions & disposals | $1.8 | -$145.09 | $1.3 | -$227.42 |
| Stock-based compensation | $296.76 | $230.93 | $186.88 | $137.04 |
| Total cash flows from operations | $2034.01 | $492.81 | $1015.86 | $735.11 |
| Investing activities | ||||
| Capital expenditures | -$34.43 | -$44.64 | -$64.74 | -$15.38 |
| Investments | -$654.82 | $406.06 | -$862.13 | -$366 |
| Total cash flows from investing | -$687.45 | $216.33 | -$925.56 | -$608.8 |
| Financing activities | ||||
| Dividends paid | ||||
| Sale and purchase of stock | -$50.19 | -$621.88 | -$344.4 | -$337.62 |
| Net borrowings | ||||
| Total cash flows from financing | -$83.75 | -$654.6 | -$360.88 | -$346.34 |
| Effect of exchange rate | $0.68 | -$3.61 | -$1.82 | $1.97 |
| Change in cash and equivalents | $1263.49 | $50.93 | -$272.4 | -$218.06 |
News
Fundamentals
| Market cap | $48.10B |
|---|---|
| Enterprise value | N/A |
| Shares outstanding | 314.85M |
| Revenue | $6.61B |
|---|---|
| EBITDA | N/A |
| EBIT | N/A |
| Net Income | $2.66B |
| Revenue Q/Q | 19.97% |
| Revenue Y/Y | 18.19% |
| P/E ratio | 18.05 |
|---|---|
| EV/Sales | N/A |
| EV/EBITDA | N/A |
| EV/EBIT | N/A |
| P/S ratio | 7.27 |
| P/B ratio | N/A |
| Book/Share | N/A |
| Cash/Share | N/A |
| EPS | $8.46 |
|---|---|
| ROA | 23.70% |
| ROE | N/A |
| Debt/Equity | 0.38 |
|---|---|
| Net debt/EBITDA | N/A |
| Current ratio | 4.47 |
| Quick ratio | 3.69 |