Arista Networks Free Cash Flow Generation Index
Arista Networks 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).
FCF Generation Index
Free Cash Flow
Operating Cash Flow
Capital Expenditures
Free Cash Flow Generation Index of Arista Networks (2011–2025)
Free cash flow generation index of Arista Networks from 2011 to 2025. Historical FCF Generation Index trend for Arista Networks across 15 annual periods. See Arista Networks free cash flow to debt ratio to measure the company's free cash flow as a share of total liabilities.
Arista Networks Free Cash Flow Generation Index by Year (2011–2025)
Arista Networks free cash flow generation index by year from 2011 to 2025. Year-by-year Free Cash Flow Generation Index for Arista Networks. For the full cash flow conversion analysis, see ANET cash flow metrics.
| 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 | — |