Arista Networks, Inc.

ANET Technology Computer Hardware

Arista Networks, Inc.’s revenue for fiscal 2025 (year ended December 2025) was $9.0 billion, up 28.6% from fiscal 2024.

Revenue
+58.5%
EPS
+81.8%
Free cash flow
−11.1%

Quarter to September 2026, against a year earlier

169.35 10.19 +6.40%
Market cap
$200.7B
P/E
42.8×
Fwd P/E
44.3×
Dividend yield
—
F-score
4/9
Altman Z
16.45
Beneish M
−2.24
Dividend safety
n/a

Arista Networks, Inc. (ANET) Debt to equity

Alert me on Debt to equity

Arista Networks, Inc.'s debt to equity at the end of the quarter to 30 September 2026 was 0.0×, down 0.0× from fiscal 2025 (0.0×). Over the past ten years it has ranged from 0.0× (fiscal 2025) to 0.1× (fiscal 2015) — the current reading is the lowest in ten years. That is in line with the Computer Hardware industry median of 0.0× and below the Technology sector median of 0.1×.

Debt to equity, annual

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Annual newest first

Period Debt to equity Change
FY2025 0.0× —
FY2024 0.0× —
FY2023 0.0× —
FY2022 0.0× —
FY2021 0.0× —
FY2020 0.0× —
FY2019 0.0× —
FY2018 0.0× (27.31%)
FY2017 0.0× (36.41%)
FY2016 0.0× (31.74%)

Quarterly newest first

Period Debt to equity Change
Sep 2026 0.0× —
Jun 2026 0.0× —
Mar 2026 0.0× —
Dec 2025 0.0× —
43 more quarters

Against its own ten years

Low 0.0× High 0.1×
Ten-year median 0.0×
Current reading's percentile 64

Debt to equity against peers

Company Debt to equity
HPQ HP Inc. compare −85.5×
DELL Dell Technologies Inc. compare −18.2×
ANET Arista Networks, Inc. 0.0×
SNDK Sandisk Corporation compare 0.0×
LOGI Logitech International S.A. compare 0.0×
P Everpure, Inc. compare 0.0×
WDC Western Digital Corporation compare 0.1×
SMCI Super Micro Computer, Inc. compare 0.5×
STX Seagate Technology Holdings PLC compare 0.7×
Computer Hardware industry median 0.0×
Technology sector median 0.1×
Market median 0.1×

What Debt to equity is

Debt to Equity Ratio shows how much a company relies on borrowed money compared with the money its shareholders have in the business.

(Long Term Debt (Total) + Current Part of Debt) ÷ Shareholders Equity (Total)

The full definition of Debt to equity →

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