Arista Networks Inc. (ANET)

Index:

S&P 500

$ 143.10
   
  • Change Today:
    $-2.91
  • 52 Week High: $431.02
  • 52 Week Low: $64.37
  • Currency: US Dollars
  • Shares Issued: 1,261.33m
  • Volume: 6,533,933
  • Market Cap: $180,497m
  • RiskGrade: 153
  • Beta: 1.69

Fundamentals - based on IFRS

  $ (Millions) $ (Millions) $ (Millions) $ (Millions) $ (Millions)
Income Statement 31-Dec-24 31-Dec-23 31-Dec-22 31-Dec-21 31-Dec-20
Continuing Operations          
Revenue 7,003.15 5,860.17 4,381.31 2,948.04 2,317.51
Operating Profit/(Loss) 2,944.62 2,257.25 1,527.11 924.74 699.68
Profit Before Tax 3,265.03 2,422.03 1,581.80 930.88 738.86
Profit After Tax 2,852.05 2,087.32 1,352.45 840.85 634.56
           
Earnings per Share - Basic 227.00¢ 169.00¢ 441.00¢ 274.00¢ 52.25¢
Earnings per Share - Adjusted 227.00¢ 169.00¢ 441.00¢ 274.00¢ 52.25¢
           
Dividend per Share n/a n/a n/a n/a n/a
  $ (Millions) $ (Millions) $ (Millions) $ (Millions) $ (Millions)
Balance Sheet 31-Dec-24 31-Dec-23 31-Dec-22 31-Dec-21 31-Dec-20
Assets          
Non-Current Assets          
Property, Plant & Equipment 98.85 101.58 95.01 143.82 109.52
Intangible Assets 330.54 357.30 388.13 281.95 312.49
Other Non-Current Assets 1,703.72 1,097.69 741.52 495.98 479.92
  2,133.11 1,556.57 1,224.66 921.75 901.92
Current Assets          
Inventories 1,834.57 1,945.18 1,289.71 516.51 479.67
Cash at Bank & in Hand 2,762.36 1,938.61 671.71 620.81 893.22
Other Current Assets 7,313.89 4,516.28 3,589.33 3,675.35 2,464.11
  11,910.82 8,400.06 5,550.75 4,812.68 3,837.00
           
Other Assets n/a n/a n/a n/a n/a
Total Assets 14,043.92 9,956.63 6,775.41 5,734.43 4,738.92
Current Liabilities          
Borrowings n/a n/a n/a n/a n/a
Other Current Liabilities 2,732.22 1,919.44 1,293.53 1,109.83 768.24
           
Current Liabilities 2,732.22 1,919.44 1,293.53 1,109.83 768.24
           
Net Current Assets c9,178.59 c6,480.63 c4,257.22 c3,702.85 c3,068.75
           
Borrowings n/a n/a n/a 56.53 72.40
Other Non-Current Liabilities 1,316.89 818.14 596.06 589.47 577.99
Non-Current Liabilities 1,316.89 818.14 596.06 646.00 650.38
           
Other Liabilities n/a n/a n/a n/a n/a
Total Liabilities 4,049.11 2,737.58 1,889.59 1,755.83 1,418.63
           
Net Assets 9,994.81 7,219.06 4,885.82 3,978.60 3,320.29
           
Shareholders Funds 9,994.81 7,219.06 4,885.82 3,978.60 3,320.29
           
Minority Interests/Other Equity n/a n/a n/a n/a n/a
Total Equity 9,994.81 7,219.06 4,885.82 3,978.60 3,320.29
Cash Flow 31-Dec-24 31-Dec-23 31-Dec-22 31-Dec-21 31-Dec-20
Net Cash Flow From Operating Activities 3,708.24 2,034.01 492.81 1,015.86 735.11
Net Cash Flow from Investing Activities (2,457.35) (687.45) 216.33 (925.56) (608.80)
Net Cash Flow from Financing Activities (426.58) (83.07) (658.21) (362.70) (344.37)
Net Increase/Decrease In Cash 824.30 1,263.49 50.93 (272.40) (218.06)
Ratios - based on IFRS 31-Dec-24 31-Dec-23 31-Dec-22 31-Dec-21 31-Dec-20
Continuing Operations          
PE Ratio - Adjusted 48.7 139.4 27.5 52.5 139.0
PEG - Adjusted 1.4 n/a 0.5 0.1 n/a
Earnings per Share Growth - Adjusted 34% -62% 61% 424% -81%
Dividend Cover n/a n/a n/a n/a n/a
Revenue per Share 555.22¢ 464.60¢ 347.36¢ 233.72¢ 183.74¢
Pre-Tax Profit per Share 258.86¢ 192.02¢ 125.41¢ 73.80¢ 58.58¢
Operating Margin 42.05% 38.52% 34.86% 31.37% 30.19%
Return on Capital Employed 33.78% 35.30% 35.17% 24.80% 23.99%
           
Dividend Yield 0.0% 0.0% 0.0% 0.0% 0.0%
Dividend per Share Growth n/a n/a n/a n/a n/a
Operating Cash Flow per Share 293.99¢ 161.26¢ 39.07¢ 80.54¢ 58.28¢
Cash Incr/Decr per Share 65.35¢ 100.17¢ 4.04¢ (21.60¢) (17.29¢)
Net Asset Value per Share (exc. Intangibles) 766.19¢ 544.01¢ 356.58¢ 293.07¢ 238.46¢
Net Gearing n/a n/a n/a -14.18% -24.72%

Key

* GAAP

a. Includes discontinued activities

b. Including assets due in more than one year

c. Not disclosed under IFRS

d. Total fixed assets

e. Includes borrowings

f. Included in cash flow from operating activities under IFRS

g. Included in net cash from investing activities under IFRS

h. Pre-tax

i. Capital expenditure

j. Based on operating cash flow before tax

k. Issue of ordinary shares

Note 1: Prices and trades are provided by Digital Look Corporate Solutions and are delayed by at least 15 minutes.

Note 2: RiskGrade figures are provided by RiskMetrics.

Note 3: Forecast figures based on normalised accounts.

 

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