Enterprise Value (EV)
Paying user area
Try for free
Arista Networks Inc. pages available for free this week:
- Balance Sheet: Assets
- Balance Sheet: Liabilities and Stockholders’ Equity
- Analysis of Liquidity Ratios
- Analysis of Short-term (Operating) Activity Ratios
- Analysis of Geographic Areas
- Capital Asset Pricing Model (CAPM)
- Present Value of Free Cash Flow to Equity (FCFE)
- Net Profit Margin since 2014
- Return on Assets (ROA) since 2014
- Price to Operating Profit (P/OP) since 2014
The data is hidden behind: . Unhide it.
Get full access to the entire website from $10.42/mo, or
get 1-month access to Arista Networks Inc. for $24.99.
This is a one-time payment. There is no automatic renewal.
We accept:
Current Enterprise Value (EV)
Arista Networks Inc., current enterprise value calculation
| Current share price (P) | |
| No. shares of common stock outstanding | |
| US$ in thousands | |
| Common equity (market value)1 | |
| Add: Preferred stock, $0.0001 par value; no shares issued and outstanding (per books) | |
| Total equity | |
| Add: Total debt (book value) | |
| Total equity and debt | |
| Less: Cash and cash equivalents | |
| Less: Marketable securities | |
| Enterprise value (EV) | |
Based on: 10-K (reporting date: 2024-12-31).
1 Common equity (market value) = Share price × No. shares of common stock outstanding
= ×
Historical Enterprise Value (EV)
Arista Networks Inc., EV calculation
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).
1 Data adjusted for splits and stock dividends.
2 Closing price as at the filing date of Arista Networks Inc. Annual Report.
3 2024 Calculation
Common equity (market value) = Share price × No. shares of common stock outstanding
= ×
- Equity and Market Value Trends
- The common equity market value has exhibited a consistent and substantial increase over the five-year period. Starting from approximately 23.7 billion US dollars at the end of 2020, it rose to nearly 40.0 billion by the end of 2021, then to around 43.3 billion in 2022. The growth accelerated in the subsequent years, reaching approximately 83.0 billion in 2023 and 131.1 billion by the end of 2024. This represents more than a fivefold increase over the entire period.
- Total Equity and Debt
- Total equity, which in this case is equal to common equity, followed an identical growth pattern, indicating that there is likely negligible or no debt contribution in the capital structure. Both total equity and total equity plus debt values are identical, confirming this observation.
- Enterprise Value (EV) Dynamics
- The enterprise value also showed a significant upward trend, moving from about 20.9 billion US dollars at the end of 2020 to roughly 36.6 billion in 2021. Subsequent increases brought EV to approximately 40.3 billion in 2022, then a sharp rise to about 78.0 billion in 2023, and finally to around 122.8 billion at the end of 2024. The proportional growth of EV closely mirrors that of the equity market value, though enterprise value remains slightly lower in total amount throughout the period.
- Overall Insights
- These trends suggest robust growth in market capitalization and a strong equity base with minimal or no debt financing over the five years analyzed. The enterprise value’s growth trajectory indicates increased investor valuation, which may reflect positive market perception, expansion, or improved financial performance. The lack of divergence between total equity and total debt implies a conservative financial structure that relies heavily on equity financing.