Arista Networks Inc

DB:1170 Stock Report

Market Cap: €145.1b

Arista Networks Past Earnings Performance

Past criteria checks 6/6

Arista Networks has been growing earnings at an average annual rate of 30%, while the Communications industry saw earnings growing at 15.6% annually. Revenues have been growing at an average rate of 25% per year. Arista Networks's return on equity is 28.8%, and it has net margins of 40.3%.

Key information

30.0%

Earnings growth rate

29.5%

EPS growth rate

Communications Industry Growth23.9%
Revenue growth rate25.0%
Return on equity28.8%
Net Margin40.3%
Last Earnings Update30 Sep 2024

Recent past performance updates

Recent updates

Revenue & Expenses Breakdown

How Arista Networks makes and spends money. Based on latest reported earnings, on an LTM basis.

Earnings and Revenue History

DB:1170 Revenue, expenses and earnings (USD Millions)
DateRevenueEarningsG+A ExpensesR&D Expenses
30 Sep 246,6132,665551923
30 Jun 246,3122,462538900
31 Mar 246,0802,289532862
31 Dec 235,8602,087518855
30 Sep 235,5951,901480834
30 Jun 235,2631,709457809
31 Mar 234,8561,517435758
31 Dec 224,3811,352420728
30 Sep 223,9301,165410696
30 Jun 223,5021,035397661
31 Mar 223,158933387626
31 Dec 212,948841369587
30 Sep 212,772785350563
30 Jun 212,629729328544
31 Mar 212,462676306512
31 Dec 202,318635291487
30 Sep 202,222712280463
30 Jun 202,271753279448
31 Mar 202,338797279450
31 Dec 192,411859276463
30 Sep 192,454769265471
30 Jun 192,363729258470
31 Mar 192,274384254460
31 Dec 182,151328253442
30 Sep 182,024261250431
30 Jun 181,898227247393
31 Mar 181,783484245370
31 Dec 171,646422242350
30 Sep 171,506377243314
30 Jun 171,359295235305
31 Mar 171,222231222293
31 Dec 161,129183206274
30 Sep 161,047168194260
30 Jun 16974145193248
31 Mar 16901130189229
31 Dec 15838119185209
30 Sep 15766104169196
30 Jun 1570496148174
31 Mar 1564687130159
31 Dec 1458469118149
30 Sep 1452547108136
30 Jun 144723397126
31 Mar 144172486113

Quality Earnings: 1170 has high quality earnings.

Growing Profit Margin: 1170's current net profit margins (40.3%) are higher than last year (34%).

Free Cash Flow vs Earnings Analysis

Past Earnings Growth Analysis

Earnings Trend: 1170's earnings have grown significantly by 30% per year over the past 5 years.

Accelerating Growth: 1170's earnings growth over the past year (40.2%) exceeds its 5-year average (30% per year).

Earnings vs Industry: 1170 earnings growth over the past year (40.2%) exceeded the Communications industry -9.1%.

Return on Equity

High ROE: 1170's Return on Equity (28.8%) is considered high.

Return on Assets

Return on Capital Employed

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Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2025/01/20 04:09
End of Day Share Price 2025/01/20 00:00
Earnings2024/09/30
Annual Earnings2023/12/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* example for US securities, for non-US equivalent regulatory forms and sources are used.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .

Analyst Sources

Arista Networks Inc is covered by 65 analysts. 25 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
James KelleherArgus Research Company
Ishan MajumdarBaptista Research
Benjamin ReitzesBarclays