Arista Networks, Inc.

ANET

Quality scores

Data as of Sep 5, 2026

4 / 9

Neutral

4/9 — middling fundamentals (neutral zone).

PassROA > 0 — ROA last year = 18.05 %
PassFCF > 0 — FCF last year = 4,252.40 mill.
PassFCF > net income (accrual quality) — FCF 4,252.40 vs. net income 3,511.40 (mill.)
FailRising ROA — ROA 18.05 % vs. prior year 20.31 %

FailLower long-term leverage — long-term debt/assets 0.00 vs. prior —
FailRising current ratio (more liquidity) — Current ratio 3.05 vs. prior 4.36
PassNo dilution (shares do not grow) — Shares 1,256.50 mill. vs. prior 1,261.30 mill.

Z-Score (original)

22.71

Safe zone

Z''-Score (non-manufacturing)

11.71

Safe zone

Ratio	Value
X1 — Working capital / Total assets	0.57
X2 — Retained earnings / Total assets	0.49
X3 — EBIT / Total assets	0.20
X4 — Market cap / Total liabilities	33.72
X4 — Book equity / Total liabilities	1.75
X5 — Sales / Total assets	0.46