Arista Networks (ANET) EV to EBITDA (2014 - 2026)
Arista Networks' EV to EBITDA came in at 43.30 for Q2 2026, up 26.1% from 34.33 a year earlier and up 29.0% from the prior quarter.
Arista Networks (ANET) EV to EBITDA (2014 - 2026) Analysis & Trends
Over the trailing twelve months to Jun 30, 2026, Arista Networks reported EV to EBITDA of 36.15, up 31.5% year-over-year; for FY2025, it was 39.17, down 10.2% from FY2024.
- Going back by year, EV to EBITDA was 43.61 in FY2024 (+48.1%), 29.44 in FY2023 (+36.8%), 21.52 in FY2022 (-48.6%) and 41.87 in FY2021 (+59.7%).
- The five-year range for quarterly EV to EBITDA is 21.48 (Q2 2022) to 47.01 (Q3 2025).
- Year-over-year, EV to EBITDA increased in five of the last eight quarters, with growth averaging 16.9%.
- The fastest year-over-year change in EV to EBITDA over five years came in Q2 2024 (growth of 65.8%), and the weakest in Q4 2022 (a decline of 48.6%).
- Business Quant data shows ANET's EV to EBITDA at 33.57 (Q1 2026), 39.17 (Q4 2025) and 47.01 (Q3 2025) in the three quarters before Q2 2026.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Apple | 5,033.79 Bn | 4,781.28 Bn | 54.77 Bn |
| 2 | Cisco Systems | 426.84 Bn | 362.77 Bn | 11.06 Bn |
| 3 | Dell Technologies | 296.44 Bn | 252.19 Bn | 9.83 Bn |
| 4 | Arista Networks | 229.58 Bn | 183.04 Bn | 1.91 Bn |
| 5 | Sandisk | 195.61 Bn | 184.13 Bn | 7.58 Bn |
| 6 | Sony | 149.25 Bn | 86.51 Bn | 6.53 Bn |
| 7 | Seagate Technology Holdings | 143.56 Bn | 138.55 Bn | 1.90 Bn |
| 8 | Western Digital | 116.96 Bn | 105.09 Bn | 2.03 Bn |
| 9 | Hewlett Packard Enterprise | 74.52 Bn | 52.40 Bn | 4.93 Bn |
| 10 | Lumentum Holdings | 63.10 Bn | 54.91 Bn | 477.30 Mn |
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 43.30 |
| Mar 31, 2026 | 33.57 |
| Dec 31, 2025 | 39.17 |
| Sep 30, 2025 | 47.01 |
| Jun 30, 2025 | 34.33 |
| Mar 31, 2025 | 27.85 |
| Dec 31, 2024 | 43.61 |
| Sep 30, 2024 | 39.85 |
| Jun 30, 2024 | 38.95 |
| Mar 31, 2024 | 34.22 |
| Dec 31, 2023 | 29.44 |
| Sep 30, 2023 | 24.42 |
| Jun 30, 2023 | 23.49 |
| Mar 31, 2023 | 26.82 |
| Dec 31, 2022 | 21.52 |
| Sep 30, 2022 | 22.80 |
| Jun 30, 2022 | 21.48 |
| Mar 31, 2022 | 37.62 |
| Dec 31, 2021 | 41.87 |
| Sep 30, 2021 | 25.75 |
Arista Networks EV to EBITDA API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=ev-to-ebitda&ticker=ANET&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "ev-to-ebitda", "ticker": "ANET", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()
const res = await fetch("https://data.businessquant.com/historic?slug=ev-to-ebitda&ticker=ANET&period=max&api_key=YOUR_API_KEY");
const data = await res.json();