Arista Networks, Inc. ANET

206.55 0.85 0.41% as of 25 Sep
Market cap
$263.1B
P/E
64.4×
Indexes indicate stock being part of an index,
Growth Flags show if company had growth for consecutive years

Arista Networks, Inc. (ANET) Free cash flow margin

Arista Networks, Inc.'s free cash flow margin over the twelve months to 30 June 2026 was 48.9%, up 1.7 percentage points from fiscal 2025 (47.2%). Over the past ten years it has ranged from 10.2% (fiscal 2022) to 52.5% (fiscal 2024); the current reading is higher than 91% of that period. That is above the Computer Hardware industry median of 0.00% and above the Technology sector median of 1.52%.

Free cash flow margin, annual

Annual

Period Free cash flow margin Change (points)
FY2025 47.2% (5.27)
FY2024 52.5% 18.37
FY2023 34.1% 23.89
FY2022 10.2% (22.03)
FY2021 32.3% 1.20
FY2020 31.1% (8.23)
FY2019 39.3% 17.01
FY2018 22.3% (15.16)
FY2017 37.4% 23.90
FY2016 13.5% (12.46)

Against its own ten years

Low 10.2% High 52.5%
Ten-year median 32.3%
Current reading's percentile 91

Free cash flow margin against peers

Company Free cash flow margin
SNDK Sandisk Corporation compare 56.8%
ANET Arista Networks, Inc. 48.9%
WDC Western Digital Corporation compare 27.2%
STX Seagate Technology Holdings PLC compare 25.5%
HPQ HP Inc. compare 6.56%
DELL Dell Technologies Inc. compare 5.66%
P Everpure, Inc. compare 3.01%
SMCI Super Micro Computer, Inc. compare −17.8%
IONQ IonQ, Inc. compare −196.3%
Computer Hardware industry median 0.00%
Technology sector median 1.52%
Market median 0.00%

What Free cash flow margin is

Free Cash Flow Margin tells an investor how much of each sale turns into cash the company keeps after paying for investment in its assets.

(Operating Cash Flow + Property, Plant, Equipment Change (Net) + Intangible Assets Change (Net)) ÷ Revenue

The full definition of Free cash flow margin →

More on ANET