Stock Analysis on Net

Arista Networks Inc. (NYSE:ANET)

$24.99

Price to Earnings (P/E)
since 2014

Microsoft Excel

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Calculation

Arista Networks Inc., P/E, long-term trends, calculation

Microsoft Excel

Based on: 10-K (reporting date: 2024-12-31), 10-K (reporting date: 2023-12-31), 10-K (reporting date: 2022-12-31), 10-K (reporting date: 2021-12-31), 10-K (reporting date: 2020-12-31), 10-K (reporting date: 2019-12-31), 10-K (reporting date: 2018-12-31), 10-K (reporting date: 2017-12-31), 10-K (reporting date: 2016-12-31), 10-K (reporting date: 2015-12-31), 10-K (reporting date: 2014-12-31).

1 US$

2 Data adjusted for splits and stock dividends.

3 Closing price as at the filing date of Arista Networks Inc. Annual Report.


The financial data reveals notable trends in share price, earnings per share (EPS), and price-to-earnings (P/E) ratio over the observed period.

Share Price
The share price exhibited a significant upward trajectory throughout the years. Starting from a modest level around $4.31 in early 2015, the price rose steadily with some fluctuations, reaching $16.5 by early 2019. After a slight dip in 2020, the share price accelerated sharply, increasing from $19.44 in early 2021 to over $103 by early 2025. This pattern indicates strong investor confidence and sustained growth expectations.
Earnings per Share (EPS)
EPS showed consistent improvement over the period with some variations. Beginning at $0.08 in early 2015, EPS rose to $0.36 by early 2018, although it experienced a minor decline in early 2019 to $0.27. Following this, EPS generally increased, surpassing $2.00 by early 2025. The growth in EPS suggests enhanced profitability and operational performance across these years.
Price-to-Earnings (P/E) Ratio
The P/E ratio displayed considerable volatility throughout the observed timeframe. Initially, it was very high at approximately 52.6 in 2015, decreased to a low near 19.88 in early 2020, and experienced multiple fluctuations thereafter, rising again to around 45.95 by early 2025. These swings indicate changing market valuations relative to earnings, possibly influenced by broader market sentiment and changes in expected future growth.

Overall, the data presents a company demonstrating progressive financial growth in earnings alongside a substantial appreciation in market valuation. The fluctuations in the P/E ratio suggest varying market perceptions of the company’s growth potential during this period.


Comparison to Competitors

Arista Networks Inc., P/E, long-term trends, comparison to competitors

Microsoft Excel

Based on: 10-K (reporting date: 2024-12-31), 10-K (reporting date: 2023-12-31), 10-K (reporting date: 2022-12-31), 10-K (reporting date: 2021-12-31), 10-K (reporting date: 2020-12-31), 10-K (reporting date: 2019-12-31), 10-K (reporting date: 2018-12-31), 10-K (reporting date: 2017-12-31), 10-K (reporting date: 2016-12-31), 10-K (reporting date: 2015-12-31), 10-K (reporting date: 2014-12-31).


Comparison to Sector (Technology Hardware & Equipment)

Arista Networks Inc., P/E, long-term trends, comparison to sector (technology hardware & equipment)

Microsoft Excel

Based on: 10-K (reporting date: 2024-12-31), 10-K (reporting date: 2023-12-31), 10-K (reporting date: 2022-12-31), 10-K (reporting date: 2021-12-31), 10-K (reporting date: 2020-12-31), 10-K (reporting date: 2019-12-31), 10-K (reporting date: 2018-12-31), 10-K (reporting date: 2017-12-31), 10-K (reporting date: 2016-12-31), 10-K (reporting date: 2015-12-31), 10-K (reporting date: 2014-12-31).


Comparison to Industry (Information Technology)

Arista Networks Inc., P/E, long-term trends, comparison to industry (information technology)

Microsoft Excel

Based on: 10-K (reporting date: 2024-12-31), 10-K (reporting date: 2023-12-31), 10-K (reporting date: 2022-12-31), 10-K (reporting date: 2021-12-31), 10-K (reporting date: 2020-12-31), 10-K (reporting date: 2019-12-31), 10-K (reporting date: 2018-12-31), 10-K (reporting date: 2017-12-31), 10-K (reporting date: 2016-12-31), 10-K (reporting date: 2015-12-31), 10-K (reporting date: 2014-12-31).