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Arista Networks, Inc. (ANET) EV/Sales Ratio: 20.23x

Is Arista Networks, Inc.’s EV/Sales ratio high or low?

Arista Networks, Inc.'s EV/Sales ratio of 20.23x is 37% above its 5-year average of 14.74x, around the middle of its 5-year range (8.44x–25.63x).

As of Thursday, June 11, 2026. 0.16% below its 12-month average of 20.26x.

ANET EV/Sales Ratio Chart

ANET EV/Sales Ratio
20.23x+26.75% 1Y
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ANET Average EV/Sales Ratio Chart

ANET Current vs Average EV/Sales Ratio Chart

ANET EV/Sales Ratio Metrics

EV/SALES RATIO

20.23x

EV/SALES RATIO AVG TTM

20.26x

EV/SALES RATIO AVG 3Y

16.96x

EV/SALES RATIO AVG 5Y

14.74x

EV/SALES RATIO AVG 10Y

11.76x

EV/SALES RATIO AVG 15Y

11.06x

EV/SALES RATIO AVG 20Y

11.06x

CURRENT VS TTM AVG

-0.16%

CURRENT VS 3Y AVG

+19.25%

CURRENT VS 5Y AVG

+37.24%

CURRENT VS 10Y AVG

+71.99%

CURRENT VS 15Y AVG

+82.84%

CURRENT VS 20Y AVG

+82.84%

ANET Competitors' EV/Sales Ratio

NAMEMARKET CAPEV/SALES RATIOTTM3Y5Y
Arista Networks, Inc. (ANET)$196.93B20.23x20.26x16.96x14.74x
Analog Devices, Inc. (ADI)$195.95B15.96x13.62x11.24x10.48x
QUALCOMM Incorporated (QCOM)$204.28B4.89x4.27x4.59x4.55x
Palo Alto Networks, Inc. (PANW)$185.38B18.44x14.26x14.47x12.96x
Amphenol Corporation (APH)$183.21B7.99x8.14x6.56x5.75x
Seagate Technology Holdings plc (STX)$182.97B17.25x8.23x4.97x3.78x
CrowdStrike Holdings, Inc. (CRWD)$174.56B32.06x26.01x22.92x25.53x
Western Digital Corporation (WDC)$168.93B15.62x7.22x3.75x2.63x
Marvell Technology, Inc. (MRVL)$231.37B26.97x11.85x11.85x11.72x
International Business Machines Corporation (IBM)$253.21B4.60x4.79x4.05x3.53x

Understanding EV/Sales

Enterprise Value (EV) = Market Cap + Total Debt - Cash

Sales = Total Revenue (TTM)

EV/Sales is commonly used because:

  • It works for unprofitable companies where P/E doesn't apply
  • Revenue is harder to manipulate than earnings
  • It supports comparisons across companies at different profitability stages
  • It is frequently used for software and other revenue-growth-focused companies

Note: EV/Sales does not include margin, debt maturity, cash conversion, or growth durability by itself.

Arista Networks, Inc. EV/Sales Ratio Formula & Definition

EV/Sales = Enterprise Value / Revenue (TTM)

Enterprise value to sales compares total company value to revenue, useful across capital structures and for unprofitable companies.

Expanded definitions: Investopedia, Wikipedia, Corporate Finance Institute

Arista Networks, Inc. EV/Sales Ratio FAQ

What is the EV/Sales ratio for Arista Networks, Inc. (ANET)?
The EV/Sales ratio for ANET stock is 20.23x.
Is Arista Networks, Inc.'s EV/Sales ratio high or low?
Arista Networks, Inc.'s EV/Sales ratio of 20.23x is 37% above its 5-year average of 14.74x, around the middle of its 5-year range (8.44x–25.63x).
What is the TTM average EV/Sales ratio for Arista Networks, Inc. (ANET)?
The TTM average EV/Sales ratio for ANET stock is 20.26x.
What is the 3Y average EV/Sales ratio for Arista Networks, Inc. (ANET)?
The 3Y average EV/Sales ratio for ANET stock is 16.96x.
What is the 5Y average EV/Sales ratio for Arista Networks, Inc. (ANET)?
The 5Y average EV/Sales ratio for ANET stock is 14.74x.
What is the 10Y average EV/Sales ratio for Arista Networks, Inc. (ANET)?
The 10Y average EV/Sales ratio for ANET stock is 11.76x.
What is the 15Y average EV/Sales ratio for Arista Networks, Inc. (ANET)?
The 15Y average EV/Sales ratio for ANET stock is 11.06x.
What is the 20Y average EV/Sales ratio for Arista Networks, Inc. (ANET)?
The 20Y average EV/Sales ratio for ANET stock is 11.06x.

Arista Networks, Inc. EV/Sales Ratio History

DATEEV/SALES RATIO
2026-06-1120.23x
2026-06-1019.62x
2026-06-0919.67x
2026-06-0820.23x
2026-06-0519.95x
2026-06-0421.49x
2026-06-0322.59x
2026-06-0222.71x
2026-06-0122.10x
2026-05-2920.63x
2026-05-2820.08x
2026-05-2719.96x
2026-05-2620.44x
2026-05-2219.92x
2026-05-2119.21x
2026-05-2018.14x
2026-05-1918.29x
2026-05-1818.30x
2026-05-1518.34x
2026-05-1419.10x
2026-05-1318.17x
2026-05-1218.41x
2026-05-1117.61x
2026-05-0818.31x
2026-05-0718.31x
2026-05-0619.00x
2026-05-0522.04x
2026-05-0424.24x
2026-05-0124.25x
2026-04-3024.25x
2026-04-2923.68x
2026-04-2823.20x
2026-04-2724.22x
2026-04-2424.84x
2026-04-2324.23x
2026-04-2224.96x
2026-04-2124.27x
2026-04-2023.42x
2026-04-1723.05x
2026-04-1622.59x
2026-04-1521.65x
2026-04-1421.65x
2026-04-1321.32x
2026-04-1020.66x
2026-04-0920.47x
2026-04-0820.33x
2026-04-0718.71x
2026-04-0617.67x
2026-04-0217.73x
2026-04-0117.47x
2026-03-3117.18x
2026-03-3016.23x
2026-03-2716.89x
2026-03-2617.14x
2026-03-2518.91x
2026-03-2418.31x
2026-03-2319.03x
2026-03-2018.37x
2026-03-1919.09x
2026-03-1819.06x
2026-03-1718.63x
2026-03-1618.96x
2026-03-1318.70x
2026-03-1218.77x
2026-03-1119.36x
2026-03-1019.56x
2026-03-0919.21x
2026-03-0618.61x
2026-03-0519.53x
2026-03-0418.88x
2026-03-0317.43x
2026-03-0218.10x
2026-02-2718.69x
2026-02-2618.23x
2026-02-2518.61x
2026-02-2418.02x
2026-02-2317.83x
2026-02-2018.59x
2026-02-1919.22x
2026-02-1819.55x
2026-02-1719.98x
2026-02-1319.84x
2026-02-1220.14x
2026-02-1120.98x
2026-02-1021.40x
2026-02-0921.14x
2026-02-0620.50x
2026-02-0519.17x
2026-02-0419.41x
2026-02-0320.79x
2026-02-0220.63x
2026-01-3021.14x
2026-01-2922.11x
2026-01-2822.41x
2026-01-2721.89x
2026-01-2621.44x
2026-01-2320.33x
2026-01-2220.64x
2026-01-2118.96x
2026-01-2018.99x
2026-01-1619.34x
2026-01-1519.46x
2026-01-1418.63x
2026-01-1319.36x
2026-01-1218.37x
2026-01-0918.29x
2026-01-0818.42x
2026-01-0719.38x
2026-01-0619.76x
2026-01-0520.45x
2026-01-0219.91x
2025-12-3119.52x
2025-12-3019.74x
2025-12-2920.00x
2025-12-2619.65x
2025-12-2419.48x
2025-12-2319.57x
2025-12-2219.48x
2025-12-1919.54x
2025-12-1818.56x
2025-12-1718.21x
2025-12-1618.78x
2025-12-1518.75x
2025-12-1218.58x
2025-12-1120.03x
2025-12-1019.73x
2025-12-0919.37x
2025-12-0819.23x
2025-12-0519.16x
2025-12-0419.15x
2025-12-0319.04x
2025-12-0218.95x
2025-12-0119.08x
2025-11-2819.47x
2025-11-2619.01x
2025-11-2518.62x
2025-11-2418.19x
2025-11-2117.47x
2025-11-2017.80x
2025-11-1918.58x
2025-11-1818.38x
2025-11-1718.95x
2025-11-1419.58x
2025-11-1319.41x
2025-11-1220.12x
2025-11-1120.11x
2025-11-1020.47x
2025-11-0720.07x
2025-11-0619.98x
2025-11-0520.94x
2025-11-0422.93x
2025-11-0324.92x
2025-10-3124.93x
2025-10-3025.05x
2025-10-2925.63x
2025-10-2824.78x
2025-10-2724.79x
2025-10-2424.31x
2025-10-2324.14x
2025-10-2223.16x
2025-10-2123.05x
2025-10-2023.14x
2025-10-1722.60x
2025-10-1623.06x
2025-10-1522.64x
2025-10-1421.91x
2025-10-1323.29x
2025-10-1024.36x
2025-10-0925.02x
2025-10-0824.88x
2025-10-0722.95x
2025-10-0623.62x
2025-10-0322.98x
2025-10-0222.82x
2025-10-0123.59x
2025-09-3023.02x
2025-09-2922.64x
2025-09-2622.50x
2025-09-2522.59x
2025-09-2422.53x
2025-09-2322.76x
2025-09-2222.97x
2025-09-1923.64x
2025-09-1823.17x
2025-09-1722.56x
2025-09-1622.45x
2025-09-1522.97x
2025-09-1222.01x
2025-09-1124.19x
2025-09-1023.82x
2025-09-0922.41x
2025-09-0822.10x
2025-09-0522.56x
2025-09-0422.29x
2025-09-0321.68x
2025-09-0221.44x
2025-08-2921.55x
2025-08-2821.50x
2025-08-2721.03x
2025-08-2621.19x
2025-08-2520.99x
2025-08-2221.02x
2025-08-2120.83x
2025-08-2020.74x
2025-08-1920.95x
2025-08-1821.79x
2025-08-1521.67x
2025-08-1421.54x
2025-08-1321.79x
2025-08-1222.30x
2025-08-1121.73x
2025-08-0821.97x
2025-08-0721.99x
2025-08-0621.91x
2025-08-0518.61x
2025-08-0420.45x
2025-08-0119.98x
2025-07-3120.95x
2025-07-3020.75x
2025-07-2920.16x
2025-07-2819.97x
2025-07-2519.41x
2025-07-2419.37x
2025-07-2319.20x
2025-07-2218.64x
2025-07-2118.95x
2025-07-1818.98x
2025-07-1719.01x
2025-07-1618.38x
2025-07-1518.22x
2025-07-1418.39x
2025-07-1118.43x
2025-07-1018.04x
2025-07-0918.03x
2025-07-0817.54x
2025-07-0717.21x
2025-07-0317.39x
2025-07-0217.15x
2025-07-0116.77x
2025-06-3017.35x
2025-06-2716.85x
2025-06-2617.23x
2025-06-2516.32x
2025-06-2416.09x
2025-06-2315.57x
2025-06-2014.59x
2025-06-1815.27x
2025-06-1715.18x
2025-06-1616.11x
2025-06-1315.64x
2025-06-1216.23x
2025-06-1115.96x
2025-06-1015.87x
2025-06-0916.40x
2025-06-0616.48x
2025-06-0516.12x
2025-06-0416.08x
2025-06-0316.01x
2025-06-0215.20x
2025-05-3014.66x

Showing the most recent 260 of 3,022 data points. The chart above shows the full history.

About Arista Networks, Inc.

Arista Networks, Inc. is a leading global technology firm that designs, promotes, and distributes innovative cloud networking solutions across the Americas, Europe, the Middle East, Africa, and Asia-Pacific regions. Its comprehensive product portfolio features advanced extensible operating systems, a collection of powerful network applications, and high-performance gigabit Ethernet switching and routing hardware. The company also offers robust post-contract customer support, which includes technical assistance, hardware repairs, parts replacement beyond standard warranty, and critical bug fixes, patches, and upgrades. Arista serves a diverse clientele, encompassing major internet companies, telecommunication providers, financial services organizations, government agencies, and entities in the media and entertainment sectors. Its sales strategy involves multiple channels, utilizing distributors, system integrators, value-added resellers, original equipment manufacturer partners, and a dedicated direct sales force. Established in 2004 as Arastra, Inc., the company adopted the name Arista Networks, Inc. in October 2008 and is headquartered in Santa Clara, California.

Santa Clara, CA
4,412 employees
Technology / Computer Hardware
Sector
Technology
Industry
Computer Hardware
CEO
Jayshree V. Ullal