Arista Networks (ANET) — Cash Flow Reinvestment Rate

Latest as of March 2026: 0.51x

Arista Networks (ANET) has a Cash Flow Reinvestment Rate of 0.51x as of March 2026, reinvesting $870.30 Million (capex $54.50 Million plus investments $-815.80 Million) from operating cash flow of $1.69 Billion. See free cash flow generation of Arista Networks to measure how efficiently the company converts operating cash flow to free cash.

Reinvestment Rate

0.51x
(Capex + Investments) / Operating CF

Total Reinvested

$870.30 Million
Capex + Investments

Operating Cash Flow

$1.69 Billion
USD

Capital Expenditures

$54.50 Million
USD

Arista Networks Cash Flow Reinvestment Rate (2011–2025)

Historical reinvestment intensity for Arista Networks across 15 annual periods. For the full cash flow conversion analysis, see cash flow conversion of Arista Networks.

Annual Cash Flow Reinvestment Rate for Arista Networks (2011–2025)

Year-by-year capital reinvestment analysis for Arista Networks. See how financially flexible is Arista Networks to measure the company's free cash flow as a share of total liabilities.

Year Reinvestment Rate Total Reinvested (USD) Operating CF Capex YoY Change
2025 0.75x $3.29 Billion $4.37 Billion $119.50 Million ▲ +12.1%
2024 0.67x $2.49 Billion $3.71 Billion $32.03 Million ▲ +89.2%
2023 0.35x $721.89 Million $2.03 Billion $34.43 Million ▼ -33.0%
2022 0.53x $260.97 Million $492.81 Million $44.64 Million ▼ -42.0%
2021 0.91x $926.86 Million $1.02 Billion $64.74 Million ▲ +74.3%
2020 0.52x $384.78 Million $735.11 Million $15.38 Million ▲ +62.1%
2019 0.32x $310.93 Million $963.03 Million $15.75 Million ▼ -75.2%
2018 1.30x $656.29 Million $503.12 Million $23.83 Million ▲ +108.9%
2017 0.62x $394.32 Million $631.63 Million $15.28 Million ▼ -76.4%
2016 2.64x $347.40 Million $131.44 Million $21.42 Million ▲ +132.3%
2015 1.14x $228.19 Million $200.53 Million $19.99 Million ▼ -39.4%
2014 1.88x $215.15 Million $114.52 Million $13.13 Million ▲ +220.4%
2013 0.59x $20.32 Million $34.65 Million $20.32 Million ▲ +365.7%
2012 0.13x $3.31 Million $26.31 Million $3.31 Million ▼ -43.5%
2011 0.22x $2.77 Million $12.43 Million $2.77 Million
Cash Flow Reinvestment Rate = (ABS(Capex) + ABS(Investments)) / Operating Cash Flow