Arista Networks Financial Flexibility Index
Arista Networks financial flexibility index. Arista Networks (ANET) has a Financial Flexibility Index of 0.21x as of March 2026. Free cash flow of $1.75 Billion (operating CF $1.69 Billion minus capex $54.50 Million) represents 0% of total liabilities ($8.17 Billion). See Arista Networks free cash flow generation to measure how efficiently the company converts operating cash flow to free cash.
Financial Flexibility Index
Free Cash Flow
Total Liabilities
Capital Expenditures
Financial Flexibility Index of Arista Networks (2012–2025)
Financial flexibility index of Arista Networks from 2012 to 2025. Historical Financial Flexibility Index trend for Arista Networks across 14 annual periods. Check Arista Networks (ANET) cash flow quality to evaluate the quality of earnings relative to operating cash generation.
Arista Networks Financial Flexibility Index by Year (2012–2025)
Arista Networks financial flexibility index by year from 2012 to 2025. Year-by-year free cash flow to debt coverage for Arista Networks. For the full cash flow conversion analysis, see cash efficiency ratio of Arista Networks.
| Year | Flexibility Index | Free Cash Flow (USD) | Operating CF | Total Liabilities | YoY Change |
|---|---|---|---|---|---|
| 2025 | 0.63x | $4.49 Billion | $4.37 Billion | $7.08 Billion | ▼ -31.3% |
| 2024 | 0.92x | $3.74 Billion | $3.71 Billion | $4.05 Billion | ▲ +21.8% |
| 2023 | 0.76x | $2.07 Billion | $2.03 Billion | $2.73 Billion | ▲ +166.6% |
| 2022 | 0.28x | $537.46 Million | $492.81 Million | $1.89 Billion | ▼ -53.8% |
| 2021 | 0.62x | $1.08 Billion | $1.02 Billion | $1.76 Billion | ▲ +16.3% |
| 2020 | 0.53x | $750.50 Million | $735.11 Million | $1.42 Billion | ▼ -30.2% |
| 2019 | 0.76x | $978.78 Million | $963.03 Million | $1.29 Billion | ▲ +35.1% |
| 2018 | 0.56x | $526.95 Million | $503.12 Million | $938.59 Million | ▼ -30.7% |
| 2017 | 0.81x | $646.91 Million | $631.63 Million | $798.95 Million | ▲ +229.0% |
| 2016 | 0.25x | $152.86 Million | $131.44 Million | $621.19 Million | ▼ -58.5% |
| 2015 | 0.59x | $220.52 Million | $200.53 Million | $371.74 Million | ▲ +18.7% |
| 2014 | 0.50x | $127.65 Million | $114.52 Million | $255.37 Million | ▲ +160.8% |
| 2013 | 0.19x | $54.96 Million | $34.65 Million | $286.79 Million | ▲ +30.2% |
| 2012 | 0.15x | $29.62 Million | $26.31 Million | $201.26 Million | — |