Arista Networks (ANET) Operating Leases (2019 - 2023)
Arista Networks (ANET) posted quarterly Operating Leases of $48.0 million for Q3 2023, up 2.08% year-over-year from $47.1 million in Q3 2022, and down 7.08% quarter-over-quarter from $51.7 million in Q2 2023.
Arista Networks (ANET) Operating Leases (2019 - 2023) Analysis & Trends
Arista Networks' Operating Leases history runs 5 years deep, the most recent figure standing at $48.0 million for Q3 2023.
- In Q3 2023, Operating Leases rose 2.08% year-over-year to $48.0 million; the TTM figure through Sep 2023 stood at $48.0 million (up 2.08% YoY), while the FY2022 annual figure was $44.0 million, down 42.77% from the prior year.
- Operating Leases for Q3 2023 stood at $48.0 million, down from $51.7 million in the prior quarter.
- The five-year high for Operating Leases was $107.8 million in Q1 2019, with the low at $44.0 million in Q4 2022.
- The 5-year median for Operating Leases is $67.8 million (2021), against an average of $69.7 million.
- The sharpest annual moves came in 2021 and 2022: Operating Leases grew 6.12% in 2021, then plunged 42.77% in 2022.
- Arista Networks' Operating Leases stood at $83.0 million in 2019, then dropped by 12.8% to $72.4 million in 2020, then increased by 6.12% to $76.8 million in 2021, then slumped by 42.77% to $44.0 million in 2022, then climbed by 9.28% to $48.0 million in 2023.
- Business Quant data shows ANET's Operating Leases at $48.0 million in Q3 2023, $51.7 million in Q2 2023, and $55.3 million in Q1 2023.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Dell Technologies | 279.74 Bn | 268.16 Bn | 7.78 Bn |
| 2 | Arista Networks | 233.03 Bn | 220.67 Bn | 1.68 Bn |
| 3 | Sandisk | 191.00 Bn | 187.26 Bn | 4.66 Bn |
| 4 | Seagate Technology Holdings | 182.93 Bn | 181.79 Bn | 1.45 Bn |
| 5 | Western Digital | 180.27 Bn | 177.03 Bn | 1.68 Bn |
| 6 | Everpure | 26.48 Bn | 24.98 Bn | 723.33 Mn |
| 7 | Hp | 25.04 Bn | 21.33 Bn | 3.02 Bn |
| 8 | Super Micro Computer | 17.15 Bn | 15.86 Bn | 1.02 Bn |
| 9 | Logitech International | 15.08 Bn | 13.33 Bn | 607.94 Mn |
| 10 | IonQ | 13.97 Bn | 11.94 Bn | 15.41 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Sep 30, 2023 | 48.04 Mn |
| Jun 30, 2023 | 51.70 Mn |
| Mar 31, 2023 | 55.29 Mn |
| Dec 31, 2022 | 43.96 Mn |
| Sep 30, 2022 | 47.07 Mn |
| Jun 30, 2022 | 51.79 Mn |
| Mar 31, 2022 | 57.47 Mn |
| Dec 31, 2021 | 76.83 Mn |
| Sep 30, 2021 | 61.63 Mn |
| Jun 30, 2021 | 64.30 Mn |
| Mar 31, 2021 | 67.77 Mn |
| Dec 31, 2020 | 72.40 Mn |
| Sep 30, 2020 | 74.90 Mn |
| Jun 30, 2020 | 74.26 Mn |
| Mar 31, 2020 | 78.50 Mn |
| Dec 31, 2019 | 83.02 Mn |
| Sep 30, 2019 | 102.64 Mn |
| Jun 30, 2019 | 104.37 Mn |
| Mar 31, 2019 | 107.76 Mn |