Arista Networks (ANET)

Return on assets (ROA)

		Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Net income	US$ in thousands	2,852,050	2,087,320	1,352,450	840,854	634,557
Total assets	US$ in thousands	14,043,900	9,956,640	6,775,410	5,734,430	4,738,920
ROA		20.31%	20.96%	19.96%	14.66%	13.39%

December 31, 2024 calculation

ROA = Net income ÷ Total assets
= $2,852,050K ÷ $14,043,900K
= 20.31%

Arista Networks has shown a consistent improvement in its Return on Assets (ROA) over the past five years, with the ratio steadily increasing from 13.39% in December 2020 to 20.31% in December 2024. This indicates that the company has been effectively utilizing its assets to generate profits over the years. The upward trend in ROA demonstrates Arista Networks' ability to efficiently manage its assets and generate income relative to the size of its asset base. The significant increase in ROA from 2020 to 2024 suggests improved profitability and efficiency in asset utilization, which is a positive indicator for the company's financial performance and overall operational effectiveness.