Arista Networks (XSWX:ANET) Scaled Net Operating Assets: 0.06 (As of Mar. 2026)


XSWX:ANET Arista Networks Inc XSWX:ANET
98 GF Score
Price CHF129.94
GF Value CHF120.11
! 4 Warning Signs
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What is Arista Networks Scaled Net Operating Assets?

Arista Networks XSWX:ANET 98 Scaled Net Operating Assets is 0.06 as of Mar. 2026. GuruFocus rates XSWX:ANET with a GF Score™ of 98/100 and a GF Value™ of CHF120.11. The stock has 4 warning signs investors should review.

Scaled Net Operating Assets (SNOA) is calculated as the difference between operating assets and operating liabilities, scaled by lagged total assets.

Arista Networks's operating assets for the quarter that ended in Mar. 2026 was CHF7,324.49 Mil. Arista Networks's operating liabilities for the quarter that ended in Mar. 2026 was CHF6,431.77 Mil. Arista Networks's Total Assets for the quarter that ended in Dec. 2025 was CHF15,498.59 Mil. Therefore, Arista Networks's scaled net operating assets (SNOA) for the quarter that ended in Mar. 2026 was 0.06.


Arista Networks Scaled Net Operating Assets Historical Data

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The historical data trend for Arista Networks's Scaled Net Operating Assets 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.

Arista Networks Scaled Net Operating Assets Chart

Arista Networks Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Scaled Net Operating Assets
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.14 0.33 0.30 0.18 0.10

Arista Networks Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
Scaled Net Operating Assets Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.14 0.13 0.11 0.09 0.06

XSWX:ANET vs : Scaled Net Operating Assets Comparison

For the Computer Hardware subindustry, Arista Networks's Scaled Net Operating Assets, along with its competitors' market caps and Scaled Net Operating Assets 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 Scaled Net Operating Assets vs Hardware Industry

For the Hardware industry and Technology sector, Arista Networks's Scaled Net Operating Assets distribution charts can be found below:

* The bar in red indicates where Arista Networks's Scaled Net Operating Assets falls into.


XSWX:ANET
98GF Score
Arista Networks Inc XSWX:ANET
Scaled Net Operating Assets is just one metric. See GF Score™, valuation, warning signs, and more.
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Arista Networks Scaled Net Operating Assets Calculation

Scaled Net Operating Assets (SNOA) is calculated as the difference between operating assets and operating liabilities, scaled by lagged total assets.

Arista Networks's Scaled Net Operating Assets (SNOA) for the fiscal year that ended in Dec. 2025 is calculated as

Scaled Net Operating Assets (SNOA)(A: Dec. 2025 )
=(Operating Assets (A: Dec. 2025 )-Operating Liabilities (A: Dec. 2025 ))/Total Assets (A: Dec. 2024 )
=(6937.492-5640.538)/12521.541
=0.10

where

Operating Assets(A: Dec. 2025 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=15498.589 - 8561.097
=6937.492

Operating Liabilities(A: Dec. 2025 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=5640.538 - 0 - 0
=5640.538

Arista Networks's Scaled Net Operating Assets (SNOA) for the quarter that ended in Mar. 2026 is calculated as

Scaled Net Operating Assets (SNOA)(Q: Mar. 2026 )
=(Operating Assets (Q: Mar. 2026 )-Operating Liabilities (Q: Mar. 2026 ))/Total Assets (Q: Dec. 2025 )
=(7324.488-6431.769)/15498.589
=0.06

where

Operating Assets(Q: Mar. 2026 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=17050.162 - 9725.674
=7324.488

Operating Liabilities(Q: Mar. 2026 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=6431.769 - 0 - 0
=6431.769

* 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.

What does a Scaled Net Operating Assets of 0.06 mean?
Arista Networks (XSWX:ANET) has a Scaled Net Operating Assets of 0.06 as of Mar. 2026. Scaled net operating assets equals current-period operating assets less operating liabilities less prior-period total assets. View historical data on Arista Networks and its competitors.
Is Arista Networks' Scaled Net Operating Assets too high?
Arista Networks' current Scaled Net Operating Assets is 0.06. Overall, Arista Networks has a GF Score™ of 98/100, reflecting its overall financial health beyond just this single metric.
How does Arista Networks' Scaled Net Operating Assets compare to ?
Arista Networks' Scaled Net Operating Assets of 0.06 can be compared against companies in the Hardware industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Scaled Net Operating Assets for a Hardware company?
A good Scaled Net Operating Assets depends on the Hardware industry context. However, Scaled Net Operating Assets 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 Scaled Net Operating Assets mean?
A high Scaled Net Operating Assets can signal that a stock is expensive relative to its fundamentals. Scaled net operating assets equals current-period operating assets less operating liabilities less prior-period total assets. View historical data on Arista Networks and its competitors. Arista Networks's current Scaled Net Operating Assets is 0.06. 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 Scaled Net Operating Assets of 0.06. The stock's GF Value™ is CHF120.11, compared to a current price of CHF129.94 — trading 8.2% above its estimated fair value. The current Scaled Net Operating Assets is 0.06. Arista Networks' overall GF Score™ is 98/100 with 4 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Scaled Net Operating Assets calculated?
Scaled Net Operating Assets is calculated from a company's financial statements. For Arista Networks (XSWX:ANET), the current Scaled Net Operating Assets is 0.06 as of Mar. 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 CHF129.94 is trading 8.2% above its estimated GF Value™ of CHF120.11.

Key valuation signals for XSWX:ANET:

  • Scaled Net Operating Assets: 0.06
  • GF Value™: CHF120.11 vs. price of CHF129.94 (8.2% above fair value)
  • GF Score™: 98/100 with 4 warning signs

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 Business Description

Comparable Companies
Address 5453 Great America Parkway, Santa Clara, CA, USA, 95054
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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Scaled Net Operating Assets is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

CHF129.94
Price
CHF120.11
GF Value