Arista Networks (ANET) EV to FCF (2014 - 2026)
Arista Networks' (ANET) EV to FCF came in at 38.97 for Q2 2026, up 29.4% from 30.12 a year earlier and up 44.6% from the prior quarter.
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Analysis
Arista Networks (ANET) EV to FCF (2014 - 2026) Analysis & Trends
For the trailing twelve months through Jun 30, 2026, EV to FCF at Arista Networks was 32.53, up 34.9% year-over-year; for FY2025, it was 36.19, up 1.5% from FY2024.
- In prior years, Arista Networks' EV to FCF was 35.66 in FY2024 (+4.1%), 34.27 in FY2023 (-55.1%), 76.36 in FY2022 (+77.9%) and 42.92 in FY2021 (+60.4%).
- Quarterly EV to FCF has run from a low of 23.57 in Q1 2025 to a high of 78.72 in Q1 2023 over five years.
- On a year-over-year basis, EV to FCF has increased in each of the last four quarters, with growth averaging 1.1% over the last eight quarters.
- The strongest year-over-year quarter for EV to FCF in the past five years was Q3 2022, with growth of 97.2%; the weakest was Q4 2023, with a decline of 55.1%.
- According to Business Quant data, EV to FCF for the three prior quarters was 26.95 (Q1 2026), 36.19 (Q4 2025) and 42.85 (Q3 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Apple | 5,036.35 Bn | 4,783.84 Bn | 54.77 Bn |
| 2 | Cisco Systems | 425.68 Bn | 361.61 Bn | 11.06 Bn |
| 3 | Dell Technologies | 295.31 Bn | 251.07 Bn | 9.83 Bn |
| 4 | Arista Networks | 224.95 Bn | 178.41 Bn | 1.91 Bn |
| 5 | Sandisk | 193.99 Bn | 182.51 Bn | 7.58 Bn |
| 6 | Sony | 148.77 Bn | 86.03 Bn | 6.53 Bn |
| 7 | Seagate Technology Holdings | 142.41 Bn | 137.40 Bn | 1.90 Bn |
| 8 | Western Digital | 117.29 Bn | 105.41 Bn | 2.03 Bn |
| 9 | Hewlett Packard Enterprise | 73.63 Bn | 51.50 Bn | 4.93 Bn |
| 10 | Lumentum Holdings | 62.19 Bn | 54.00 Bn | 477.30 Mn |
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();