Return on Assets (ROA)
since 2014
Calculation
Arista Networks Inc., ROA, long-term trends, calculation
| ROA | = | 100 | × | Net income1 | ÷ | Total assets1 | |
|---|---|---|---|---|---|---|---|
| Dec 31, 2024 | 20.31% | = | 100 | × | 2,852,054) | ÷ | 14,043,921) |
| Dec 31, 2023 | 20.98% | = | 100 | × | 2,087,321) | ÷ | 9,946,806) |
| Dec 31, 2022 | 19.96% | = | 100 | × | 1,352,446) | ÷ | 6,775,410) |
| Dec 31, 2021 | 14.66% | = | 100 | × | 840,854) | ÷ | 5,734,429) |
| Dec 31, 2020 | 13.39% | = | 100 | × | 634,557) | ÷ | 4,738,919) |
| Dec 31, 2019 | 20.54% | = | 100 | × | 859,867) | ÷ | 4,185,290) |
| Dec 31, 2018 | 10.65% | = | 100 | × | 328,115) | ÷ | 3,081,983) |
| Dec 31, 2017 | 17.20% | = | 100 | × | 423,201) | ÷ | 2,460,860) |
| Dec 31, 2016 | 10.65% | = | 100 | × | 184,189) | ÷ | 1,729,007) |
| Dec 31, 2015 | 10.44% | = | 100 | × | 121,102) | ÷ | 1,159,890) |
| Dec 31, 2014 | 10.71% | = | 100 | × | 86,850) | ÷ | 811,023) |
Based on: 10-K (reporting date: 2024-12-31), 10-K (reporting date: 2023-12-31), 10-K (reporting date: 2022-12-31), 10-K (reporting date: 2021-12-31), 10-K (reporting date: 2020-12-31), 10-K (reporting date: 2019-12-31), 10-K (reporting date: 2018-12-31), 10-K (reporting date: 2017-12-31), 10-K (reporting date: 2016-12-31), 10-K (reporting date: 2015-12-31), 10-K (reporting date: 2014-12-31).
1 US$ in thousands
The financial data reveals several important trends over the analyzed period. Net income has exhibited a strong upward trajectory, starting at $86,850 thousand in the earliest period and increasing significantly to $2,852,054 thousand by the most recent year. This growth, while marked by some fluctuations, especially notable dips and recoveries around 2018 and 2020, demonstrates a sustained capacity for profit expansion over the long term.
Total assets have also expanded considerably, growing from $811,023 thousand to $14,043,921 thousand. This growth illustrates increasing investment in and accumulation of resources, which may support the company’s operational scale and revenue generation potential. The asset base growth appears steady and correlates with the rising net income, suggesting effective utilization of assets in generating earnings.
The Return on Assets (ROA) metric shows variability but generally maintains a strong performance. ROA started around 10.7% and experienced ups and downs, peaking at over 20% in several years, indicating that the company has been effective in converting assets into net income, particularly during certain peak years. This ratio suggests efficient asset management and profitability, with a notable increase aligning roughly with the periods where net income exhibits significant growth.
- Net Income
- Consistent overall growth with marked acceleration in later years; some fluctuations observed around 2018 and 2020.
- Total Assets
- Substantial and steady increase over time, more than a 17-fold rise from start to end of the period.
- Return on Assets (ROA)
- Generally strong profitability indicator, fluctuating but maintaining a high level, often exceeding 20%, implying effective asset utilization.
In summary, the data indicates a company with expanding asset base and improving net income, supported by an overall effective use of assets as reflected in ROA trends. The upward trends in profitability and asset growth suggest positive operational and financial development during the reviewed span.
Comparison to Competitors
Arista Networks Inc., ROA, long-term trends, comparison to competitors
| Arista Networks Inc. | Apple Inc. | Cisco Systems Inc. | Dell Technologies Inc. | Super Micro Computer Inc. | |
|---|---|---|---|---|---|
| Dec 31, 2024 | 20.31% | 25.68% | 8.29% | 3.91% | 11.73% |
| Dec 31, 2023 | 20.98% | 27.51% | 12.38% | 2.73% | 17.42% |
| Dec 31, 2022 | 19.96% | 28.29% | 12.57% | 6.00% | 8.90% |
| Dec 31, 2021 | 14.66% | 26.97% | 10.86% | 2.63% | 4.99% |
| Dec 31, 2020 | 13.39% | 17.73% | 11.82% | 3.88% | 4.39% |
| Dec 31, 2019 | 20.54% | 16.32% | 11.88% | -2.07% | 4.27% |
| Dec 31, 2018 | 10.65% | 16.28% | 0.10% | — | 2.61% |
| Dec 31, 2017 | 17.20% | 12.88% | 7.40% | — | 4.41% |
| Dec 31, 2016 | 10.65% | 14.20% | 8.83% | — | 6.18% |
| Dec 31, 2015 | 10.44% | 18.38% | 7.91% | — | 9.35% |
| Dec 31, 2014 | 10.71% | 17.04% | 7.47% | — | 6.80% |
Based on: 10-K (reporting date: 2024-12-31), 10-K (reporting date: 2023-12-31), 10-K (reporting date: 2022-12-31), 10-K (reporting date: 2021-12-31), 10-K (reporting date: 2020-12-31), 10-K (reporting date: 2019-12-31), 10-K (reporting date: 2018-12-31), 10-K (reporting date: 2017-12-31), 10-K (reporting date: 2016-12-31), 10-K (reporting date: 2015-12-31), 10-K (reporting date: 2014-12-31).
Comparison to Sector (Technology Hardware & Equipment)
Arista Networks Inc., ROA, long-term trends, comparison to sector (technology hardware & equipment)
| Arista Networks Inc. | Technology Hardware & Equipment | |
|---|---|---|
| Dec 31, 2024 | 20.31% | 18.69% |
| Dec 31, 2023 | 20.98% | 20.58% |
| Dec 31, 2022 | 19.96% | 21.62% |
| Dec 31, 2021 | 14.66% | 18.88% |
| Dec 31, 2020 | 13.39% | 13.59% |
| Dec 31, 2019 | 20.54% | 11.82% |
| Dec 31, 2018 | 10.65% | 12.52% |
| Dec 31, 2017 | 17.20% | 11.48% |
| Dec 31, 2016 | 10.65% | 12.70% |
| Dec 31, 2015 | 10.44% | 15.41% |
| Dec 31, 2014 | 10.71% | 14.03% |
Based on: 10-K (reporting date: 2024-12-31), 10-K (reporting date: 2023-12-31), 10-K (reporting date: 2022-12-31), 10-K (reporting date: 2021-12-31), 10-K (reporting date: 2020-12-31), 10-K (reporting date: 2019-12-31), 10-K (reporting date: 2018-12-31), 10-K (reporting date: 2017-12-31), 10-K (reporting date: 2016-12-31), 10-K (reporting date: 2015-12-31), 10-K (reporting date: 2014-12-31).
Comparison to Industry (Information Technology)
Arista Networks Inc., ROA, long-term trends, comparison to industry (information technology)
| Arista Networks Inc. | Information Technology | |
|---|---|---|
| Dec 31, 2024 | 20.31% | 11.95% |
| Dec 31, 2023 | 20.98% | 12.52% |
| Dec 31, 2022 | 19.96% | 14.57% |
| Dec 31, 2021 | 14.66% | 14.67% |
| Dec 31, 2020 | 13.39% | 11.45% |
| Dec 31, 2019 | 20.54% | 11.78% |
| Dec 31, 2018 | 10.65% | 10.94% |
| Dec 31, 2017 | 17.20% | 9.05% |
| Dec 31, 2016 | 10.65% | 9.79% |
| Dec 31, 2015 | 10.44% | 11.53% |
| Dec 31, 2014 | 10.71% | 12.36% |
Based on: 10-K (reporting date: 2024-12-31), 10-K (reporting date: 2023-12-31), 10-K (reporting date: 2022-12-31), 10-K (reporting date: 2021-12-31), 10-K (reporting date: 2020-12-31), 10-K (reporting date: 2019-12-31), 10-K (reporting date: 2018-12-31), 10-K (reporting date: 2017-12-31), 10-K (reporting date: 2016-12-31), 10-K (reporting date: 2015-12-31), 10-K (reporting date: 2014-12-31).