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Arista Networks, Inc. (ANET) Return on Invested Capital (ROIC): 22.64%

Is Arista Networks, Inc.’s return on invested capital (ROIC) high or low?

Arista Networks, Inc.'s return on invested capital (ROIC) of 22.64% is in line with its 5-year average of 21.10%, near the high end of its 5-year range (15.13%–24.20%).

As of Thursday, June 11, 2026. 0.22% below its 12-month average of 22.69%.

ANET Return on Invested Capital (ROIC) Chart

ANET Return on Invested Capital (ROIC)
22.64%-0.44% 1Y
Zoom

ANET Average Return on Invested Capital (ROIC) Chart

ANET Current vs Average Return on Invested Capital (ROIC) Chart

ANET Return on Invested Capital (ROIC) Metrics

RETURN ON INVESTED CAPITAL (ROIC)

22.64%

RETURN ON INVESTED CAPITAL (ROIC) AVG TTM

22.69%

RETURN ON INVESTED CAPITAL (ROIC) AVG 3Y

23.35%

RETURN ON INVESTED CAPITAL (ROIC) AVG 5Y

21.10%

RETURN ON INVESTED CAPITAL (ROIC) AVG 10Y

19.06%

RETURN ON INVESTED CAPITAL (ROIC) AVG 15Y

17.13%

RETURN ON INVESTED CAPITAL (ROIC) AVG 20Y

17.13%

CURRENT VS TTM AVG

-0.22%

CURRENT VS 3Y AVG

-3.04%

CURRENT VS 5Y AVG

+7.31%

CURRENT VS 10Y AVG

+18.77%

CURRENT VS 15Y AVG

+32.19%

CURRENT VS 20Y AVG

+32.19%

ANET Competitors' Return on Invested Capital (ROIC)

NAMEMARKET CAPRETURN ON INVESTED CAPITAL (ROIC)TTM3Y5Y
Arista Networks, Inc. (ANET)$196.93B22.64%22.69%23.35%21.10%
Seagate Technology Holdings plc (STX)$194.65B34.14%20.39%16.53%18.43%
Analog Devices, Inc. (ADI)$200.74B5.42%4.73%5.66%5.29%
Amphenol Corporation (APH)$187.56B15.12%15.01%15.20%14.59%
Palo Alto Networks, Inc. (PANW)$185.38B5.67%5.41%2.94%0.73%
Western Digital Corporation (WDC)$182.44B21.53%9.75%6.22%5.25%
QUALCOMM Incorporated (QCOM)$213.92B13.15%17.25%21.91%22.63%
CrowdStrike Holdings, Inc. (CRWD)$174.56B-4.24%-1.77%-2.52%-3.57%
Marvell Technology, Inc. (MRVL)$245.57B5.98%1.05%-0.75%-1.12%
Uber Technologies, Inc. (UBER)$138.87B11.21%9.00%3.46%-1.70%

Capital Efficiency

ROIC

22.6%

ROE

27.6%

Arista Networks, Inc. Return on Invested Capital (ROIC) Formula & Definition

ROIC = NOPAT / Invested Capital

Return on invested capital measures the after-tax return a company earns on all capital (debt and equity) invested in the business.

Expanded definitions: Investopedia, Wikipedia, Corporate Finance Institute

Arista Networks, Inc. Return on Invested Capital (ROIC) FAQ

What is the return on invested capital (ROIC) for Arista Networks, Inc. (ANET)?
The return on invested capital (ROIC) for ANET stock is 22.64%.
Is Arista Networks, Inc.'s return on invested capital (ROIC) high or low?
Arista Networks, Inc.'s return on invested capital (ROIC) of 22.64% is in line with its 5-year average of 21.10%, near the high end of its 5-year range (15.13%–24.20%).
What is the TTM average return on invested capital (ROIC) for Arista Networks, Inc. (ANET)?
The TTM average return on invested capital (ROIC) for ANET stock is 22.69%.
What is the 3Y average return on invested capital (ROIC) for Arista Networks, Inc. (ANET)?
The 3Y average return on invested capital (ROIC) for ANET stock is 23.35%.
What is the 5Y average return on invested capital (ROIC) for Arista Networks, Inc. (ANET)?
The 5Y average return on invested capital (ROIC) for ANET stock is 21.10%.
What is the 10Y average return on invested capital (ROIC) for Arista Networks, Inc. (ANET)?
The 10Y average return on invested capital (ROIC) for ANET stock is 19.06%.
What is the 15Y average return on invested capital (ROIC) for Arista Networks, Inc. (ANET)?
The 15Y average return on invested capital (ROIC) for ANET stock is 17.13%.
What is the 20Y average return on invested capital (ROIC) for Arista Networks, Inc. (ANET)?
The 20Y average return on invested capital (ROIC) for ANET stock is 17.13%.

Arista Networks, Inc. Return on Invested Capital (ROIC) History

DATERETURN ON INVESTED CAPITAL (ROIC)
2025-12-3122.64%
2024-12-3122.74%
2023-12-3124.20%
2022-12-3123.82%
2021-12-3118.06%
2020-12-3115.13%
2019-12-3122.39%
2018-12-3111.04%
2017-12-3121.71%
2016-12-3114.58%
2015-12-3113.37%
2014-12-3113.44%
2013-12-3118.92%
2012-12-3114.86%
2011-12-310.00%

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