Return on Assets (ROA)
since 2014
Calculation
Arista Networks Inc., ROA, long-term trends, calculation
| ROA | = | 100 | × | Net income1 | ÷ | Total assets1 | |
|---|---|---|---|---|---|---|---|
| Dec 31, 2025 | 18.05% | = | 100 | × | 3,511,400) | ÷ | 19,448,600) |
| Dec 31, 2024 | 20.31% | = | 100 | × | 2,852,054) | ÷ | 14,043,921) |
| Dec 31, 2023 | 20.98% | = | 100 | × | 2,087,321) | ÷ | 9,946,806) |
| Dec 31, 2022 | 19.96% | = | 100 | × | 1,352,446) | ÷ | 6,775,410) |
| Dec 31, 2021 | 14.66% | = | 100 | × | 840,854) | ÷ | 5,734,429) |
| Dec 31, 2020 | 13.39% | = | 100 | × | 634,557) | ÷ | 4,738,919) |
| Dec 31, 2019 | 20.54% | = | 100 | × | 859,867) | ÷ | 4,185,290) |
| Dec 31, 2018 | 10.65% | = | 100 | × | 328,115) | ÷ | 3,081,983) |
| Dec 31, 2017 | 17.20% | = | 100 | × | 423,201) | ÷ | 2,460,860) |
| Dec 31, 2016 | 10.65% | = | 100 | × | 184,189) | ÷ | 1,729,007) |
| Dec 31, 2015 | 10.44% | = | 100 | × | 121,102) | ÷ | 1,159,890) |
| Dec 31, 2014 | 10.71% | = | 100 | × | 86,850) | ÷ | 811,023) |
Based on: 10-K (reporting date: 2025-12-31), 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$ in thousands
The Return on Assets (ROA) exhibits a generally positive trend over the observed period, though with notable fluctuations. Initial values demonstrate a relatively stable ROA, followed by periods of significant increase and subsequent moderation.
- Initial Stability (2014-2016)
- From 2014 to 2016, the ROA remained within a narrow range, fluctuating between 10.44% and 10.71%. This suggests a consistent level of profitability relative to the asset base during these years. While not dramatically high, these figures indicate efficient asset utilization.
- Significant Increases (2017-2019)
- A substantial increase in ROA is observed from 2017, reaching 17.20%, followed by a peak of 20.54% in 2019. This improvement correlates with increases in net income, indicating a heightened ability to generate earnings from its assets. The increase in 2019 was particularly pronounced.
- Moderation and Continued Strength (2020-2025)
- Following the peak in 2019, the ROA experienced a slight decrease to 13.39% in 2020, but quickly recovered and continued to demonstrate strength, reaching 20.98% in 2023. The ROA then moderated slightly to 20.31% in 2024 and 18.05% in 2025. Despite this recent moderation, the ROA remained at a comparatively high level throughout this period, suggesting sustained profitability and efficient asset management.
- Overall Trend
- The overall trend indicates a company that has generally improved its ability to generate profit from its assets over the period. While subject to yearly variations, the ROA consistently remained above 10% and demonstrated a clear upward trajectory, particularly between 2014 and 2023. The slight decline in the most recent year does not negate the overall positive performance.
AI Ask an analyst for more
Comparison to Competitors
Arista Networks Inc., ROA, long-term trends, comparison to competitors
| Arista Networks Inc. | Apple Inc. | Cisco Systems Inc. | Dell Technologies Inc. | Lumentum Holdings Inc. | Super Micro Computer Inc. | |
|---|---|---|---|---|---|---|
| Dec 31, 2025 | 18.05% | 31.18% | 8.32% | 5.76% | 0.61% | 7.48% |
| Dec 31, 2024 | 20.31% | 25.68% | 8.29% | 3.91% | -13.90% | 11.73% |
| Dec 31, 2023 | 20.98% | 27.51% | 12.38% | 2.73% | -2.84% | 17.42% |
| Dec 31, 2022 | 19.96% | 28.29% | 12.57% | 6.00% | 4.78% | 8.90% |
| Dec 31, 2021 | 14.66% | 26.97% | 10.86% | 2.63% | 11.19% | 4.99% |
| Dec 31, 2020 | 13.39% | 17.73% | 11.82% | 3.88% | 4.12% | 4.39% |
| Dec 31, 2019 | 20.54% | 16.32% | 11.88% | -2.07% | -1.34% | 4.27% |
| Dec 31, 2018 | 10.65% | 16.28% | 0.10% | — | 15.69% | 2.61% |
| Dec 31, 2017 | 17.20% | 12.88% | 7.40% | — | -8.31% | 4.41% |
| Dec 31, 2016 | 10.65% | 14.20% | 8.83% | — | 1.28% | 6.18% |
| Dec 31, 2015 | 10.44% | 18.38% | 7.91% | — | -0.66% | 9.35% |
| Dec 31, 2014 | 10.71% | 17.04% | 7.47% | — | — | 6.80% |
Based on: 10-K (reporting date: 2025-12-31), 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., ROA, long-term trends, comparison to sector (technology hardware & equipment)
| Arista Networks Inc. | Technology Hardware & Equipment | |
|---|---|---|
| Dec 31, 2025 | 18.05% | 21.93% |
| Dec 31, 2024 | 20.31% | 18.48% |
| Dec 31, 2023 | 20.98% | 20.39% |
| Dec 31, 2022 | 19.96% | 21.50% |
| Dec 31, 2021 | 14.66% | 18.83% |
| Dec 31, 2020 | 13.39% | 13.53% |
| Dec 31, 2019 | 20.54% | 11.76% |
| Dec 31, 2018 | 10.65% | 12.53% |
| Dec 31, 2017 | 17.20% | 11.43% |
| Dec 31, 2016 | 10.65% | 12.68% |
| Dec 31, 2015 | 10.44% | 15.39% |
| Dec 31, 2014 | 10.71% | 14.03% |
Based on: 10-K (reporting date: 2025-12-31), 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., ROA, long-term trends, comparison to industry (information technology)
| Arista Networks Inc. | Information Technology | |
|---|---|---|
| Dec 31, 2025 | 18.05% | 15.40% |
| Dec 31, 2024 | 20.31% | 11.91% |
| Dec 31, 2023 | 20.98% | 12.44% |
| Dec 31, 2022 | 19.96% | 14.47% |
| Dec 31, 2021 | 14.66% | 14.59% |
| Dec 31, 2020 | 13.39% | 11.42% |
| Dec 31, 2019 | 20.54% | 11.75% |
| Dec 31, 2018 | 10.65% | 10.94% |
| Dec 31, 2017 | 17.20% | 9.03% |
| Dec 31, 2016 | 10.65% | 9.79% |
| Dec 31, 2015 | 10.44% | 11.53% |
| Dec 31, 2014 | 10.71% | 12.37% |
Based on: 10-K (reporting date: 2025-12-31), 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).