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. In the quarter to June 2026, revenue grew 37.7%, EPS grew 35.2% and free cash flow fell 10.4%, each against the same quarter a year earlier. Member of the S&P 500; revenue growth for five consecutive years, operating cash flow growth for three.

176.98 8.60 −4.63%
Market cap
$234.1B
P/E
55.1×
Fwd P/E
46.1×
Dividend yield
—
F-score
4/9
Altman Z
16.45
Beneish M
−2.24
Dividend safety
n/a

Arista Networks, Inc. (ANET) P/S ratio

Alert me on P/S ratio

As of 16 October 2026, Arista Networks, Inc. (ANET) trades at a P/S ratio of 21.2×. Over the past ten years it has ranged from 4.2× (February 2016) to 25.9× (October 2026); the current reading is higher than 95% of that period. That is above the Computer Hardware industry median of 3.0× and above the Technology sector median of 2.7×.

P/S ratio, daily

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Annual newest first

Period P/S ratio Change
FY2025 18.3× (7.69%)
FY2024 19.8× 62.21%
FY2023 12.2× 44.52%
FY2022 8.5× (43.41%)
FY2021 14.9× 56.90%
FY2020 9.5× 47.99%
FY2019 6.4× (12.07%)
FY2018 7.3× (27.81%)
FY2017 10.1× 71.45%
FY2016 5.9× (3.61%)

Quarterly newest first

Period P/S ratio Change
Jun 2026 20.3× 27.70%
Mar 2026 15.9× (13.11%)
Dec 2025 18.3× (15.64%)
Sep 2025 21.7× 34.22%
42 more quarters

Against its own ten years

Low 4.2× High 25.9×
Ten-year median 10.0×
Current reading's percentile 94

P/S ratio against peers

Company P/S ratio
HPQ HP Inc. compare 0.5×
SMCI Super Micro Computer, Inc. compare 0.5×
DELL Dell Technologies Inc. compare 1.9×
LOGI Logitech International S.A. compare 3.0×
WDC Western Digital Corporation compare 8.9×
SNDK Sandisk Corporation compare 9.4×
P Everpure, Inc. compare 9.7×
STX Seagate Technology Holdings PLC compare 11.5×
ANET Arista Networks, Inc. 21.2×
Computer Hardware industry median 3.0×
Technology sector median 2.7×
Market median 1.9×

What P/S ratio is

Price to Sales Ratio shows how much investors pay for each dollar of a company’s annual sales, whether or not it is profitable.

(Stock Price × Shares (Basic, Weighted) (latest quarter)) ÷ Revenue (TTM)

The full definition of P/S ratio →

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