Arista Networks Inc

Arista Networks Inc

ANET

Market Cap$134.63B
Close$

Compare to Similar Companies

P/E RatioDividendsReturn on EquityPrice-to-SalesDebt-to-Equity
Arista Networks IncArista Networks Inc50.5-29%22.20.2

Earnings Call Q4 2024

February 18, 2025 - AI Summary

Strong Revenue Growth: Arista Networks reported Q4 2024 earnings of $1.93 billion, a 25.3% year-over-year increase, exceeding the guidance range of $1.85 to $1.90 billion. For the fiscal year 2024, total revenue reached $7 billion, marking a robust growth rate of approximately 19.5%.
Positive Margin Performance: The non-GAAP gross margin for Q4 stood at 64.2%, slightly above expectations and reflecting improved supply chain management. The overall operating margin for FY 2024 was an impressive 47.5%. Looking ahead, Arista expects FY 2025 gross margins between 60% to 62%.
Forecast for AI Revenue: Arista is optimistic about achieving $750 million in AI back-end cluster revenue in 2025, supported by anticipated deployments with three major customers. The company projects total revenue growth of approximately 17% for FY 2025, translating to about $8.2 billion.

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$65.25

Current Fair Value

41.3% downside

Overvalued by 41.3% based on the discounted cash flow analysis.

Share Statistics

Market cap$134.63 Billion
Enterprise Value$133.06 Billion
Dividend Yield$0 (0%)
Earnings per Share$1.69
Beta1.08
Outstanding Shares1,257,928,000

Return

Return on Equity-
Return on Assets-
Return on Invested Capital-

Valuation & Multiples

P/E Ratio50.45
PEG135.79
Price to Sales22.22
Price to Book Ratio15.87
Enterprise Value to Revenue20.12
Enterprise Value to EBIT47.78
Enterprise Value to Net Income49
Total Debt to Enterprise0.01
Debt to Equity0.17

Revenue Sources

No data

Insider Trades

ESG Score

No data

About Arista Networks Inc

2,300 employees
CEO: Jayshree Ullal

Arista Networks is an industry leader in software-driven cloud networking solutions for large data center and campus environments. Arista's award-winning platforms deliver availability, agility, automation analytics and security through ...