Arista Networks (ANET) — 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). Check strategic asset allocation of Arista Networks to assess the company's strategic physical and investment asset allocation.
Financial Flexibility Index
Free Cash Flow
Total Liabilities
Capital Expenditures
Arista Networks Financial Flexibility Index (2012–2025)
Historical Financial Flexibility Index trend for Arista Networks across 14 annual periods. See Arista Networks (ANET) working capital ratio to evaluate short-term liquidity relative to the company's equity base.
Annual Financial Flexibility Index for Arista Networks (2012–2025)
Year-by-year free cash flow to debt coverage for Arista Networks. For the full company profile including market capitalisation, see market value 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 | — |