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.
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 | Dell Technologies | 340.03 Bn | 328.45 Bn | 7.78 Bn |
| 2 | Sandisk | 254.04 Bn | 249.28 Bn | 7.58 Bn |
| 3 | Arista Networks | 244.37 Bn | 231.03 Bn | 1.91 Bn |
| 4 | Seagate Technology Holdings | 192.61 Bn | 190.91 Bn | 1.90 Bn |
| 5 | Western Digital | 168.75 Bn | 167.17 Bn | 2.03 Bn |
| 6 | Hewlett Packard Enterprise | 69.08 Bn | 62.86 Bn | 4.93 Bn |
| 7 | NetApp | 36.45 Bn | 32.88 Bn | 1.42 Bn |
| 8 | Everpure | 33.13 Bn | 32.12 Bn | 811.39 Mn |
| 9 | Super Micro Computer | 26.01 Bn | 18.48 Bn | 1.94 Bn |
| 10 | Penguin Solutions | 2.65 Bn | 2.41 Bn | 133.21 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 190.74 |
| Mar 31, 2026 | 86.79 |
| Dec 31, 2025 | 125.64 |
| Sep 30, 2025 | 140.03 |
| Jun 30, 2025 | 101.81 |
| Mar 31, 2025 | 145.46 |
| Dec 31, 2024 | 128.73 |
| Sep 30, 2024 | 97.15 |
| Jun 30, 2024 | 105.30 |
| Mar 31, 2024 | 169.50 |
| Dec 31, 2023 | 131.67 |
| Sep 30, 2023 | 76.68 |
| Jun 30, 2023 | 109.79 |
| Mar 31, 2023 | 131.20 |
| Dec 31, 2022 | 1,140.19 |
| Sep 30, 2022 | 254.77 |
| Jun 30, 2022 | 277.91 |
| Mar 31, 2022 | 194.79 |
| Dec 31, 2021 | 189.04 |
| Sep 30, 2021 | 101.63 |