Arista Networks (ANET) — Free Cash Flow Generation Index
Arista Networks (ANET) has a Free Cash Flow Generation Index of 0.97x as of March 2026. Free cash flow of $1.64 Billion represents 1% of operating cash flow ($1.69 Billion). Read Arista Networks (ANET) total liabilities for a breakdown of total debt and financial obligations.
FCF Generation Index
Free Cash Flow
Operating Cash Flow
Capital Expenditures
Arista Networks Free Cash Flow Generation Index (2011–2025)
Historical FCF Generation Index trend for Arista Networks across 15 annual periods. Explore ANET capital expenditure intensity to see what proportion of operating cash flow is directed to capital expenditures.
Annual Free Cash Flow Generation for Arista Networks (2011–2025)
Year-by-year Free Cash Flow Generation Index for Arista Networks. For the full company profile including market capitalisation, see market value of Arista Networks.
| Year | FCG Index | Free Cash Flow (USD) | Operating CF | Capital Expenditures | YoY Change |
|---|---|---|---|---|---|
| 2025 | 0.97x | $4.25 Billion | $4.37 Billion | $119.50 Million | ▼ -1.9% |
| 2024 | 0.99x | $3.68 Billion | $3.71 Billion | $32.03 Million | ▲ +0.8% |
| 2023 | 0.98x | $2.00 Billion | $2.03 Billion | $34.43 Million | ▲ +8.1% |
| 2022 | 0.91x | $448.17 Million | $492.81 Million | $44.64 Million | ▼ -2.9% |
| 2021 | 0.94x | $951.12 Million | $1.02 Billion | $64.74 Million | ▼ -4.4% |
| 2020 | 0.98x | $719.73 Million | $735.11 Million | $15.38 Million | ▼ -0.5% |
| 2019 | 0.98x | $947.28 Million | $963.03 Million | $15.75 Million | ▲ +3.3% |
| 2018 | 0.95x | $479.29 Million | $503.12 Million | $23.83 Million | ▼ -2.4% |
| 2017 | 0.98x | $616.35 Million | $631.63 Million | $15.28 Million | ▲ +16.6% |
| 2016 | 0.84x | $110.02 Million | $131.44 Million | $21.42 Million | ▼ -7.0% |
| 2015 | 0.90x | $180.54 Million | $200.53 Million | $19.99 Million | ▲ +1.7% |
| 2014 | 0.89x | $101.38 Million | $114.52 Million | $13.13 Million | ▲ +114.0% |
| 2013 | 0.41x | $14.33 Million | $34.65 Million | $20.32 Million | ▼ -52.7% |
| 2012 | 0.87x | $22.99 Million | $26.31 Million | $3.31 Million | ▲ +12.5% |
| 2011 | 0.78x | $9.66 Million | $12.43 Million | $2.77 Million | — |