Arista Networks (ANET) - Net Assets
Based on the latest financial reports, Arista Networks (ANET) has net assets worth $12.37 Billion USD as of December 2025. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets ($19.45 Billion) and total liabilities ($7.08 Billion). This figure indicates the residual interest in the assets after deducting liabilities, essentially showing what would remain for shareholders if all assets were liquidated and all debts paid off. Check how resilient are Arista Networks's assets to evaluate the company's liquid asset resilience ratio.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | $12.37 Billion |
| % of Total Assets | 63.61% |
| Annual Growth Rate | 68.63% |
| 5-Year Change | 201.02% |
| 10-Year Change | 1168.13% |
| Growth Volatility | 171.78 |
Arista Networks - Net Assets Trend (2012–2024)
This chart illustrates how Arista Networks's net assets have evolved over time, based on quarterly financial data. Also explore ANET current and non-current assets for the complete picture of this company's asset base.
Annual Net Assets for Arista Networks (2012–2024)
The table below shows the annual net assets of Arista Networks from 2012 to 2024. For live valuation and market cap data, see Arista Networks (ANET) total market value.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | $9.99 Billion | +38.45% |
| 2023-12-31 | $7.22 Billion | +47.76% |
| 2022-12-31 | $4.89 Billion | +22.80% |
| 2021-12-31 | $3.98 Billion | +19.83% |
| 2020-12-31 | $3.32 Billion | +14.70% |
| 2019-12-31 | $2.89 Billion | +35.05% |
| 2018-12-31 | $2.14 Billion | +28.97% |
| 2017-12-31 | $1.66 Billion | +50.02% |
| 2016-12-31 | $1.11 Billion | +40.56% |
| 2015-12-31 | $788.15 Million | +41.84% |
| 2014-12-31 | $555.66 Million | +614.84% |
| 2013-12-31 | $77.73 Million | +311.06% |
| 2012-12-31 | $18.91 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to Arista Networks's total equity over time. Equity components include common stock, retained earnings, additional paid-in capital, and other elements.
Equity Composition Insights
- Retained earnings have grown by 1496419.8% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | $7.54 Billion | 75.46% |
| Common Stock | $126.00K | 0.00% |
| Other Comprehensive Income | $-13.19 Million | -0.13% |
| Other Components | $2.47 Billion | 24.67% |
| Total Equity | $9.99 Billion | 100.00% |
Arista Networks Competitors by Market Cap
The table below lists competitors of Arista Networks ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
AT&T Inc
NYSE:T
|
$179.15 Billion |
|
Foxconn Industrial Internet Co Ltd
SHG:601138
|
$182.59 Billion |
|
IND.D.D.TEXT.UNSP.ADR 1/2
F:IXD2
|
$183.19 Billion |
|
Siemens Aktiengesellschaft
XETRA:SIE
|
$184.02 Billion |
|
Amgen Inc
NASDAQ:AMGN
|
$177.77 Billion |
|
SIEMENS AG SP. ADR 1/ 1/2
F:SIEB
|
$177.31 Billion |
|
COMMONW.BK AUSTR.SP.ADRS
F:CWW0
|
$177.25 Billion |
|
Delta Electronics Inc
TW:2308
|
$177.18 Billion |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Arista Networks's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 7,219,059,000 to 9,994,807,000, a change of 2,775,748,000 (38.5%).
- Net income of 2,852,054,000 contributed positively to equity growth.
- Share repurchases of 423,619,000 reduced equity.
- Other comprehensive income decreased equity by 9,860,000.
- Other factors increased equity by 357,173,000.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | $2.85 Billion | +28.54% |
| Share Repurchases | $423.62 Million | -4.24% |
| Other Comprehensive Income | $-9.86 Million | -0.1% |
| Other Changes | $357.17 Million | +3.57% |
| Total Change | $- | 38.45% |
Book Value vs Market Value Analysis
This analysis compares Arista Networks's book value (net assets) with its market value over time. The relationship between these values can provide insights into investor sentiment and company valuation.
Valuation Insights
- Current price-to-book ratio: 22.14x
- The company is trading at a significant premium to its book value, suggesting the market values its earnings potential, brand, or other intangibles highly.
- The price-to-book ratio has decreased from 11818.34x to 22.14x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2012-12-31 | $0.01 | $172.70 | x |
| 2013-12-31 | $0.06 | $172.70 | x |
| 2014-12-31 | $0.64 | $172.70 | x |
| 2015-12-31 | $0.69 | $172.70 | x |
| 2016-12-31 | $0.95 | $172.70 | x |
| 2017-12-31 | $1.32 | $172.70 | x |
| 2018-12-31 | $1.66 | $172.70 | x |
| 2019-12-31 | $2.24 | $172.70 | x |
| 2020-12-31 | $2.61 | $172.70 | x |
| 2021-12-31 | $3.12 | $172.70 | x |
| 2022-12-31 | $3.86 | $172.70 | x |
| 2023-12-31 | $5.69 | $172.70 | x |
| 2024-12-31 | $7.80 | $172.70 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Arista Networks utilizes its equity to generate returns, including Return on Equity (ROE) and its components based on the DuPont analysis framework.
Capital Efficiency Insights
- Current Return on Equity (ROE): 28.54%
- The company demonstrates strong efficiency in generating profits from shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 40.73%
- • Asset Turnover: 0.50x
- • Equity Multiplier: 1.41x
- Recent ROE (28.54%) is below the historical average (31.62%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2012 | 112.90% | 11.04% | 0.88x | 11.64x | $19.46 Million |
| 2013 | 54.62% | 11.75% | 0.99x | 4.69x | $34.69 Million |
| 2014 | 15.63% | 14.87% | 0.72x | 1.46x | $31.28 Million |
| 2015 | 15.37% | 14.46% | 0.72x | 1.47x | $42.29 Million |
| 2016 | 16.63% | 16.31% | 0.65x | 1.56x | $73.41 Million |
| 2017 | 25.46% | 25.71% | 0.67x | 1.48x | $257.01 Million |
| 2018 | 15.31% | 15.25% | 0.70x | 1.44x | $113.78 Million |
| 2019 | 29.71% | 35.67% | 0.58x | 1.45x | $570.40 Million |
| 2020 | 19.11% | 27.38% | 0.49x | 1.43x | $302.53 Million |
| 2021 | 21.13% | 28.52% | 0.51x | 1.44x | $442.99 Million |
| 2022 | 27.68% | 30.87% | 0.65x | 1.39x | $863.86 Million |
| 2023 | 28.91% | 35.62% | 0.59x | 1.38x | $1.37 Billion |
| 2024 | 28.54% | 40.73% | 0.50x | 1.41x | $1.85 Billion |
Industry Comparison
This section compares Arista Networks's net assets metrics with peer companies in the Computer Hardware industry.
Industry Context
- Industry: Computer Hardware
- Average net assets among peers: $141,911,296
- Average return on equity (ROE) among peers: -13.40%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Arista Networks (ANET) | $12.37 Billion | 112.90% | 0.57x | $178.30 Billion |
| AGM Group Holdings Inc Class A (AGMH) | $5.72 Million | -147.10% | 0.55x | $1.80 Million |
| AstroNova Inc (ALOT) | $17.60 Million | 60.23% | 0.39x | $66.45 Million |
| Touax SCA (ALPWG) | $67.19 Million | 2.22% | 0.77x | $38.86 Million |
| AMC Robotics Corporation (AMCI) | $70.93 Million | -0.11% | 0.00x | $141.67 Million |
| Braiin Limited Common Stock (BRAI) | $-1.13 Million | 0.00% | 0.00x | $507.66 Million |
| BTC Digital Ltd. (BTCT) | $132.97 Million | 39.87% | 0.57x | $11.71 Million |
| Canaan Inc (CAN) | $266.25 Million | -93.80% | 0.74x | $298.34 Million |
| Cricut Inc (CRCT) | $466.76 Million | 13.46% | 0.48x | $229.53 Million |
| Corsair Gaming Inc (CRSR) | $250.90 Million | 4.68% | 1.91x | $596.24 Million |
About Arista Networks
Arista Networks, Inc. engages in the development, marketing, and sale of data-driven, client to cloud networking solutions for AI, data center, campus, and routing environments in the Americas, Europe, the Middle East, Africa, and the Asia-Pacific. Its cloud networking solutions consist of Extensible Operating System (EOS), a publish-subscribe state-sharing networking operating system offered in … Read more