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CISCO SYSTEMS, INC. CSCO

Nasdaq · stock · Computer Communications Equipment · website · IPO 1990-02-16

CISCO SYSTEMS, INC. statistics & valuation

Market cap$448.4B
P / E44.0×
P / S7.9×
P / B9.6×
P / FCF33.7×
Dividend yield1.44%
Net margin18.0%
Return on equity21.7%
FCF margin23.5%
Net debt$16.3B
Net debt / EBITDA1.3×
Enterprise value USD$464.7B
EV / EBITDA37.3×
Earnings yield EBIT/EV2.5%
Return on capital13.5%
Graham number -79.1%$25.93

Market cap as of 2026-06-29. Multiples are price-derived and refreshed daily; everything else from the latest financial reports. The Graham number is Benjamin Graham's rough maximum fair value ($25.93); a green figure means the price is below it.

Profitability & efficiency

Net margin (%)
21.80% 20.00% 0.20% 22.40% 22.70% 21.30% 22.90% 22.10% 19.20% 18.00% 2016201720182019202020212022202320242025
Gross margin (%)
62.90% 63.00% 62.00% 62.90% 64.30% 64.00% 62.50% 62.70% 64.70% 64.90% 2016201720182019202020212022202320242025
Operating margin (%)
25.70% 24.90% 25.00% 27.40% 27.60% 25.80% 27.10% 26.40% 22.60% 20.80% 2016201720182019202020212022202320242025
Return on equity (%)
16.90% 14.50% 0.30% 34.60% 29.60% 25.70% 29.70% 28.40% 22.70% 21.70% 2016201720182019202020212022202320242025
Shares outstanding
5.09B 5.05B 4.88B 4.45B 4.25B 4.24B 4.19B 4.11B 4.06B 4.00B 2016201720182019202020212022202320242025
Net debt ($)
$21.01B $18.76B $16.64B $8.72B $2.77B $2.35B $1.84B -$1.73B $12.60B $16.27B 2016201720182019202020212022202320242025
Share buybacks ($)
2016201720182019202020212022202320242025
Return on assets (%)
8.80% 7.40% 0.10% 11.90% 11.80% 10.90% 12.60% 12.40% 8.30% 8.30% 2016201720182019202020212022202320242025
Free cash flow margin (%)
25.20% 26.90% 26.00% 28.70% 29.70% 29.60% 24.70% 33.40% 19.00% 23.50% 2016201720182019202020212022202320242025
Debt / equity (×)
0.45× 0.46× 0.59× 0.61× 0.38× 0.28× 0.22× 0.19× 0.44× 0.53× 2016201720182019202020212022202320242025
EPS ($)
$2.11 $1.90 $0.02 $2.61 $2.64 $2.50 $2.82 $3.07 $2.54 $2.55 2016201720182019202020212022202320242025

Margins and returns computed from annual filings. Falling shares outstanding = buybacks; rising = dilution. Net debt = debt − cash (negative = net cash).

P / E vs its own history

CISCO SYSTEMS, INC. trades at about 48.6× earnings — above its 10-year norm (10-year range 14.9×–2388.5×, median 18.7×).

14.9× 2388.5×

Shaded band = 10-year range (14.9×–2388.5×); dot = today's 48.6×.

Historical P/E = month-end price near each fiscal year-end ÷ that year's EPS. A read on whether the stock is cheap or dear relative to how it has typically been valued — not a forecast.

Key ratios (by fiscal year)

RatioFY2025FY2024FY2023FY2022FY2021FY2020FY2019FY2018FY2017FY2016
Gross margin64.9%64.7%62.7%62.5%64.0%64.3%62.9%62.0%63.0%62.9%
Operating margin20.8%22.6%26.4%27.1%25.8%27.6%27.4%25.0%24.9%25.7%
Net margin18.0%19.2%22.1%22.9%21.3%22.7%22.4%0.2%20.0%21.8%
FCF margin23.5%19.0%33.4%24.7%29.6%29.7%28.7%26.0%26.9%25.2%
Return on assets8.3%8.3%12.4%12.6%10.9%11.8%11.9%0.1%7.4%8.8%
Return on equity21.7%22.7%28.4%29.7%25.7%29.6%34.6%0.3%14.5%16.9%
Debt / equity0.53×0.44×0.19×0.22×0.28×0.38×0.61×0.59×0.46×0.45×
Current ratio1.000.911.381.431.491.721.512.293.033.16

Computed from company filings · US · as of 2025-07-26. Facts plus Stocktoria's own computed scores — not investment advice.