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) P/E ratio

Alert me on P/E ratio

As of 5 November 2026, Arista Networks, Inc. (ANET) trades at a P/E ratio of 42.8×. Over the past ten years it has ranged from 14.0× (March 2020) to 98.7× (August 2018); the current reading is higher than 60% of that period. That is above the Computer Hardware industry median of 19.2× and above the Technology sector median of 25.7×.

P/E ratio, daily

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Annual newest first

Period P/E ratio Change
FY2025 46.8× (3.68%)
FY2024 48.6× 41.41%
FY2023 34.4× 25.30%
FY2022 27.4× (47.64%)
FY2021 52.4× 50.70%
FY2020 34.7× 92.39%
FY2019 18.1× (62.49%)
FY2018 48.2× 21.75%
FY2017 39.6× 8.75%
FY2016 36.4× (15.99%)

Quarterly newest first

Period P/E ratio Change
Sep 2026 54.1× 2.14%
Jun 2026 52.9× 27.59%
Mar 2026 41.5× (11.36%)
Dec 2025 46.8× (13.93%)
43 more quarters

Against its own ten years

Low 14.0× High 98.7×
Ten-year median 39.5×
Current reading's percentile 63

P/E ratio against peers

Company P/E ratio
SMCI Super Micro Computer, Inc. compare 4.8×
SNDK Sandisk Corporation compare 6.2×
WDC Western Digital Corporation compare 9.5×
HPQ HP Inc. compare 11.2×
LOGI Logitech International S.A. compare 17.6×
DELL Dell Technologies Inc. compare 18.5×
STX Seagate Technology Holdings PLC compare 24.0×
ANET Arista Networks, Inc. 42.8×
P Everpure, Inc. compare 125×
Computer Hardware industry median 19.2×
Technology sector median 25.7×
Market median 17.9×

What P/E ratio is

Price to Earnings Ratio shows how much investors pay for each dollar of a company’s annual profit per share.

Stock Price ÷ EPS (Basic) (TTM)

The full definition of P/E ratio →

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