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A high debt to equity ratio generally means that a company has been aggressive in financing its growth with debt. This can result in volatile earnings as a result of the additional interest expense.
The historical rank and industry rank for Arista Networks's Debt-to-Equity or its related term are showing as below:
During the past 13 years, the highest Debt-to-Equity Ratio of Arista Networks was 0.04. The lowest was 0.01. And the median was 0.02.
XSWX:ANET's Debt-to-Equity is not ranked *
in the Hardware industry.
Industry Median: 0.27 * Ranked among companies with meaningful Debt-to-Equity only.
Because a company can increase its ROE % by having more financial leverage, it is important to watch the leverage ratio when investing in high ROE % companies.
Arista Networks Debt-to-Equity Related Terms
Arista Networks Debt-to-Equity Historical Data
* Premium members only.
The historical data trend for Arista Networks's Debt-to-Equity can be seen below:
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
XSWX:ANET vs SNDK, STX, WDC: Debt-to-Equity Comparison
For the Computer Hardware subindustry, Arista Networks's Debt-to-Equity, along with its competitors' market caps and Debt-to-Equity data, can be viewed below:
* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.
Arista Networks Debt-to-Equity vs Hardware Industry
For the Hardware industry and Technology sector, Arista Networks's Debt-to-Equity distribution charts can be found below:
* The bar in red indicates where Arista Networks's Debt-to-Equity falls into.
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
Arista Networks (XSWX:ANET) has a Debt-to-Equity of 0.00 as of Jun. 2026. Debt-to-Equity ratio represents the ratio of total debt to total company equity. View historical data on Arista Networks and its competitors. Over the past decade, Arista Networks' Debt-to-Equity has ranged from 0.01 to 0.04. According to the industry distribution chart, Arista Networks ranks #999999 out of 2226 companies in the Hardware industry.
Is Arista Networks' Debt-to-Equity too high?
Arista Networks' current Debt-to-Equity is 0.00. Over the past 10 years, this metric has ranged from a low of 0.01 to a high of 0.04. Based on the distribution chart, Arista Networks ranks #999999 out of 2226 companies in the Hardware industry, which is in the bottom quartile relative to peers. Overall, Arista Networks has a GF Score™ of 98/100, reflecting its overall financial health beyond just this single metric.
How does Arista Networks' Debt-to-Equity compare to SNDK and STX?
According to the Hardware industry distribution chart, Arista Networks ranks #999999 out of 2226 companies for Debt-to-Equity. This places Arista Networks in the lower half of its industry. The industry median Debt-to-Equity is 0.27. Historically, Arista Networks' own Debt-to-Equity has ranged from 0.01 to 0.04 over the past decade. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Debt-to-Equity for a Hardware company?
The median Debt-to-Equity among Hardware companies is 0.27, based on 2,226 companies in the industry. Companies in the top quartile (top 25%) have a Debt-to-Equity significantly above this median, while those in the bottom quartile fall well below. However, Debt-to-Equity should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Debt-to-Equity mean?
A high Debt-to-Equity can signal that a stock is expensive relative to its fundamentals. Debt-to-Equity ratio represents the ratio of total debt to total company equity. View historical data on Arista Networks and its competitors. For the Hardware industry, the median Debt-to-Equity is 0.27 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Arista Networks's current Debt-to-Equity is 0.00. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Arista Networks stock overvalued right now?
Arista Networks (XSWX:ANET) has a current Debt-to-Equity of 0.00. The stock's GF Value™ is CHF129.54, compared to a current price of CHF156.82 — trading 21.1% above its estimated fair value. The current Debt-to-Equity is 0.00. Arista Networks' overall GF Score™ is 98/100 with 6 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Debt-to-Equity calculated?
Debt-to-Equity is calculated from a company's financial statements. For Arista Networks (XSWX:ANET), the current Debt-to-Equity is 0.00 as of Jun. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.
Is Arista Networks (XSWX:ANET) Overvalued in 2026?
Based on GuruFocus' analysis, Arista Networks stock appears to be overvalued.
The current stock price of CHF156.82 is trading 21.1% above its estimated GF Value™ of CHF129.54.
Key valuation signals for XSWX:ANET:
Debt-to-Equity: 0.00
GF Value™: CHF129.54 vs. price of CHF156.82 (21.1% above fair value)
No single metric tells the full story. See the XSWX:ANET stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Arista Networks is a networking equipment provider that primarily sells Ethernet switches and software to data centers. Its marquee product is its extensible operating system that runs a single image across every single one of its devices. The firm operates as one reportable segment. It has steadily gained market share since its founding in 2004, with a focus on high-speed applications. Arista counts Microsoft and Meta Platforms as its largest customers and derives roughly three-fourths of its sales from North America.
98GF Score
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