Arista Networks (ANET) EV to FCF (2014 - 2026)
Arista Networks (ANET) posted EV to FCF of 190.74 for Q2 2026, up 119.77% on a QoQ basis from 86.79 in Q1 2026, and up 87.35% year-over-year from 101.81 in Q2 2025.
Powered by 
Analysis
Arista Networks (ANET) EV to FCF (2014 - 2026) Analysis & Trends
Arista Networks has reported EV to FCF for 13 years, with the latest figure at 190.74 in Q2 2026.
- On a quarterly basis, EV to FCF rose 87.35% year-over-year to 190.74 in Q2 2026; TTM through Jun 2026 was 38.97, a 29.39% increase from a year earlier, with the FY2025 full-year figure at 36.19, up 1.48% from the prior year.
- EV to FCF was 190.74 for Q2 2026 at Arista Networks, up from 86.79 in the prior quarter.
- The five-year high for EV to FCF was 1140.19 in Q4 2022, with the low at 76.68 in Q3 2023.
- Average EV to FCF over 5 years is 200.45, with a median of 131.43 recorded in 2023.
- The sharpest annual moves came in 2022 and 2023: EV to FCF jumped 503.15% in 2022, then tumbled 88.45% in 2023.
- Over 5 years, EV to FCF stood at 1140.19 in 2022, then sank by 88.45% to 131.67 in 2023, then dropped by 2.24% to 128.73 in 2024, then slipped by 2.4% to 125.64 in 2025, then jumped by 51.82% to 190.74 in 2026.
- The last three EV to FCF figures came in at 190.74 (Q2 2026), 86.79 (Q1 2026), and 125.64 (Q4 2025), per Business Quant data.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Apple | 4,923.51 Bn | 4,861.11 Bn | 54.77 Bn |
| 2 | Cisco Systems | 419.97 Bn | 404.45 Bn | 11.06 Bn |
| 3 | Dell Technologies | 351.63 Bn | 340.06 Bn | 9.83 Bn |
| 4 | Sandisk | 265.22 Bn | 260.46 Bn | 7.58 Bn |
| 5 | Arista Networks | 256.62 Bn | 243.27 Bn | 1.91 Bn |
| 6 | Seagate Technology Holdings | 209.52 Bn | 207.82 Bn | 1.90 Bn |
| 7 | Western Digital | 171.00 Bn | 169.42 Bn | 2.03 Bn |
| 8 | Sony | 142.68 Bn | 123.26 Bn | 6.53 Bn |
| 9 | Lumentum Holdings | 83.02 Bn | 80.28 Bn | 477.30 Mn |
| 10 | Hewlett Packard Enterprise | 82.82 Bn | 76.61 Bn | 4.93 Bn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 38.97 |
| Mar 31, 2026 | 26.95 |
| Dec 31, 2025 | 36.19 |
| Sep 30, 2025 | 42.85 |
| Jun 30, 2025 | 30.12 |
| Mar 31, 2025 | 23.57 |
| Dec 31, 2024 | 35.66 |
| Sep 30, 2024 | 35.69 |
| Jun 30, 2024 | 38.47 |
| Mar 31, 2024 | 40.04 |
| Dec 31, 2023 | 34.27 |
| Sep 30, 2023 | 34.95 |
| Jun 30, 2023 | 49.08 |
| Mar 31, 2023 | 78.72 |
| Dec 31, 2022 | 76.36 |
| Sep 30, 2022 | 49.69 |
| Jun 30, 2022 | 34.77 |
| Mar 31, 2022 | 43.59 |
| Dec 31, 2021 | 42.92 |
| Sep 30, 2021 | 25.19 |
API Access
Arista Networks EV to FCF 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-fcf&ticker=ANET&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "ev-to-fcf", "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-fcf&ticker=ANET&period=max&api_key=YOUR_API_KEY");
const data = await res.json();