Return on Equity (ROE)
since 2014
Calculation
Arista Networks Inc., ROE, long-term trends, calculation
| ROE | = | 100 | × | Net income1 | ÷ | Stockholders’ equity1 | |
|---|---|---|---|---|---|---|---|
| Dec 31, 2023 | 28.91% | = | 100 | × | 2,087,321) | ÷ | 7,219,059) |
| Dec 31, 2022 | 27.68% | = | 100 | × | 1,352,446) | ÷ | 4,885,820) |
| Dec 31, 2021 | 21.13% | = | 100 | × | 840,854) | ÷ | 3,978,600) |
| Dec 31, 2020 | 19.11% | = | 100 | × | 634,557) | ÷ | 3,320,291) |
| Dec 31, 2019 | 29.71% | = | 100 | × | 859,867) | ÷ | 2,894,686) |
| Dec 31, 2018 | 15.31% | = | 100 | × | 328,115) | ÷ | 2,143,389) |
| Dec 31, 2017 | 25.46% | = | 100 | × | 423,201) | ÷ | 1,661,914) |
| Dec 31, 2016 | 16.63% | = | 100 | × | 184,189) | ÷ | 1,107,820) |
| Dec 31, 2015 | 15.37% | = | 100 | × | 121,102) | ÷ | 788,152) |
| Dec 31, 2014 | 15.63% | = | 100 | × | 86,850) | ÷ | 555,658) |
Based on: 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
Comparison to Competitors
Arista Networks Inc., ROE, long-term trends, comparison to competitors
| Arista Networks Inc. | Apple Inc. | Cisco Systems Inc. | Super Micro Computer Inc. | |
|---|---|---|---|---|
| Dec 31, 2023 | 28.91% | 156.08% | 28.44% | 32.45% |
| Dec 31, 2022 | 27.68% | 196.96% | 29.70% | 20.00% |
| Dec 31, 2021 | 21.13% | 150.07% | 25.66% | 10.20% |
| Dec 31, 2020 | 19.11% | 87.87% | 29.57% | 7.91% |
| Dec 31, 2019 | 29.71% | 61.06% | 34.62% | 7.64% |
| Dec 31, 2018 | 15.31% | 55.56% | 0.25% | 5.47% |
| Dec 31, 2017 | 25.46% | 36.07% | 14.53% | 8.64% |
| Dec 31, 2016 | 16.63% | 35.62% | 16.89% | 9.99% |
| Dec 31, 2015 | 15.37% | 44.74% | 15.04% | 16.46% |
| Dec 31, 2014 | 15.63% | 35.42% | 13.86% | 11.55% |
Based on: 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., ROE, long-term trends, comparison to sector (technology hardware & equipment)
| Arista Networks Inc. | Technology Hardware & Equipment | |
|---|---|---|
| Dec 31, 2023 | 28.91% | 97.10% |
| Dec 31, 2022 | 27.68% | 117.05% |
| Dec 31, 2021 | 21.13% | 97.06% |
| Dec 31, 2020 | 19.11% | 64.42% |
| Dec 31, 2019 | 29.71% | 53.02% |
| Dec 31, 2018 | 15.31% | 39.14% |
| Dec 31, 2017 | 25.46% | 28.85% |
| Dec 31, 2016 | 16.63% | 29.27% |
| Dec 31, 2015 | 15.37% | 34.69% |
| Dec 31, 2014 | 15.63% | 28.07% |
Based on: 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., ROE, long-term trends, comparison to industry (information technology)
| Arista Networks Inc. | Information Technology | |
|---|---|---|
| Dec 31, 2023 | 28.91% | 31.65% |
| Dec 31, 2022 | 27.68% | 38.16% |
| Dec 31, 2021 | 21.13% | 42.09% |
| Dec 31, 2020 | 19.11% | 34.78% |
| Dec 31, 2019 | 29.71% | 36.50% |
| Dec 31, 2018 | 15.31% | 30.15% |
| Dec 31, 2017 | 25.46% | 23.14% |
| Dec 31, 2016 | 16.63% | 23.02% |
| Dec 31, 2015 | 15.37% | 25.99% |
| Dec 31, 2014 | 15.63% | 25.44% |
Based on: 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).