Return on Assets (ROA)
since 2005
Calculation
Cisco Systems Inc., ROA, long-term trends, calculation
| ROA | = | 100 | × | Net income (loss)1 | ÷ | Total assets1 | |
|---|---|---|---|---|---|---|---|
| Jul 26, 2025 | 8.32% | = | 100 | × | 10,180) | ÷ | 122,291) |
| Jul 27, 2024 | 8.29% | = | 100 | × | 10,320) | ÷ | 124,413) |
| Jul 29, 2023 | 12.38% | = | 100 | × | 12,613) | ÷ | 101,852) |
| Jul 30, 2022 | 12.57% | = | 100 | × | 11,812) | ÷ | 94,002) |
| Jul 31, 2021 | 10.86% | = | 100 | × | 10,591) | ÷ | 97,497) |
| Jul 25, 2020 | 11.82% | = | 100 | × | 11,214) | ÷ | 94,853) |
| Jul 27, 2019 | 11.88% | = | 100 | × | 11,621) | ÷ | 97,793) |
| Jul 28, 2018 | 0.10% | = | 100 | × | 110) | ÷ | 108,784) |
| Jul 29, 2017 | 7.40% | = | 100 | × | 9,609) | ÷ | 129,818) |
| Jul 30, 2016 | 8.83% | = | 100 | × | 10,739) | ÷ | 121,652) |
| Jul 25, 2015 | 7.91% | = | 100 | × | 8,981) | ÷ | 113,481) |
| Jul 26, 2014 | 7.47% | = | 100 | × | 7,853) | ÷ | 105,134) |
| Jul 27, 2013 | 9.87% | = | 100 | × | 9,983) | ÷ | 101,191) |
| Jul 28, 2012 | 8.76% | = | 100 | × | 8,041) | ÷ | 91,759) |
| Jul 30, 2011 | 7.45% | = | 100 | × | 6,490) | ÷ | 87,095) |
| Jul 31, 2010 | 9.57% | = | 100 | × | 7,767) | ÷ | 81,130) |
| Jul 25, 2009 | 9.00% | = | 100 | × | 6,134) | ÷ | 68,128) |
| Jul 26, 2008 | 13.71% | = | 100 | × | 8,052) | ÷ | 58,734) |
| Jul 28, 2007 | 13.75% | = | 100 | × | 7,333) | ÷ | 53,340) |
| Jul 29, 2006 | 12.88% | = | 100 | × | 5,580) | ÷ | 43,315) |
| Jul 30, 2005 | 16.94% | = | 100 | × | 5,741) | ÷ | 33,883) |
Based on: 10-K (reporting date: 2025-07-26), 10-K (reporting date: 2024-07-27), 10-K (reporting date: 2023-07-29), 10-K (reporting date: 2022-07-30), 10-K (reporting date: 2021-07-31), 10-K (reporting date: 2020-07-25), 10-K (reporting date: 2019-07-27), 10-K (reporting date: 2018-07-28), 10-K (reporting date: 2017-07-29), 10-K (reporting date: 2016-07-30), 10-K (reporting date: 2015-07-25), 10-K (reporting date: 2014-07-26), 10-K (reporting date: 2013-07-27), 10-K (reporting date: 2012-07-28), 10-K (reporting date: 2011-07-30), 10-K (reporting date: 2010-07-31), 10-K (reporting date: 2009-07-25), 10-K (reporting date: 2008-07-26), 10-K (reporting date: 2007-07-28), 10-K (reporting date: 2006-07-29), 10-K (reporting date: 2005-07-30).
1 US$ in millions
- Net Income (Loss) Trends
- The net income exhibited fluctuations over the reported periods. Starting at $5,741 million in 2005, it generally increased and peaked at $11,621 million in 2019. There was a notable dip in 2018 to $110 million, which represented a significant anomaly in the data. Post-2019, net income mostly remained stable, with minor decreases and increases, ending at $10,180 million in 2025.
- Total Assets Trends
- Total assets displayed a consistent upward trajectory from $33,883 million in 2005 to a high of $124,413 million in 2024. There was a slight decline in 2018 and 2019, where assets dropped to $108,784 million and then further down to $97,793 million, respectively. However, the overall pattern demonstrates growth, recovering after the dip and stabilizing around $122,291 million in 2025.
- Return on Assets (ROA) Trends
- ROA percentages showed considerable variability during the period. Initially high at 16.94% in 2005, ROA decreased substantially by 2009, reaching 7.45%–9.87% in subsequent years with more moderate fluctuation. A stark drop to 0.1% was observed in 2018, coinciding with the net income decline that year. Following this low, ROA rebounded to levels around 11.88% in 2019 and generally remained within the 8% to 12.5% range afterward, ending near 8.32% in 2025.
- Overall Financial Insights
- The financial data indicates an organization experiencing growth both in terms of asset base and net income over the long term, despite some volatility notably in 2018. The significant anomaly in 2018, evidenced by sharp declines in net income and ROA, suggests extraordinary circumstances negatively impacting profitability that year. Total assets were generally resilient with minor setbacks aligned with the same periods of income weakness but recovered quickly. The ROA decline and recovery pattern highlights changes in operational efficiency or profitability relative to the asset base. Moving forward, while net income and assets show promising trends, the variability in profitability ratios suggests attention to cost management and asset utilization remains essential.
Comparison to Competitors
Cisco Systems Inc., ROA, long-term trends, comparison to competitors
| Cisco Systems Inc. | Apple Inc. | Arista Networks Inc. | Dell Technologies Inc. | Super Micro Computer Inc. | |
|---|---|---|---|---|---|
| Jul 26, 2025 | 8.32% | — | — | 5.76% | 7.48% |
| Jul 27, 2024 | 8.29% | 25.68% | 20.31% | 3.91% | 11.73% |
| Jul 29, 2023 | 12.38% | 27.51% | 20.98% | 2.73% | 17.42% |
| Jul 30, 2022 | 12.57% | 28.29% | 19.96% | 6.00% | 8.90% |
| Jul 31, 2021 | 10.86% | 26.97% | 14.66% | 2.63% | 4.99% |
| Jul 25, 2020 | 11.82% | 17.73% | 13.39% | 3.88% | 4.39% |
| Jul 27, 2019 | 11.88% | 16.32% | 20.54% | -2.07% | 4.27% |
| Jul 28, 2018 | 0.10% | 16.28% | 10.65% | — | 2.61% |
| Jul 29, 2017 | 7.40% | 12.88% | 17.20% | — | 4.41% |
| Jul 30, 2016 | 8.83% | 14.20% | 10.65% | — | 6.18% |
| Jul 25, 2015 | 7.91% | 18.38% | 10.44% | — | 9.35% |
| Jul 26, 2014 | 7.47% | 17.04% | 10.71% | — | 6.80% |
| Jul 27, 2013 | 9.87% | 17.89% | — | — | 3.37% |
| Jul 28, 2012 | 8.76% | 23.70% | — | — | 5.07% |
| Jul 30, 2011 | 7.45% | 22.28% | — | — | 8.66% |
| Jul 31, 2010 | 9.57% | 18.64% | — | — | 7.26% |
| Jul 25, 2009 | 9.00% | 10.59% | — | — | 5.69% |
| Jul 26, 2008 | 13.71% | 12.22% | — | — | 9.61% |
| Jul 28, 2007 | 13.75% | 13.79% | — | — | 9.41% |
| Jul 29, 2006 | 12.88% | 11.56% | — | — | — |
| Jul 30, 2005 | 16.94% | 11.56% | — | — | — |
Based on: 10-K (reporting date: 2025-07-26), 10-K (reporting date: 2024-07-27), 10-K (reporting date: 2023-07-29), 10-K (reporting date: 2022-07-30), 10-K (reporting date: 2021-07-31), 10-K (reporting date: 2020-07-25), 10-K (reporting date: 2019-07-27), 10-K (reporting date: 2018-07-28), 10-K (reporting date: 2017-07-29), 10-K (reporting date: 2016-07-30), 10-K (reporting date: 2015-07-25), 10-K (reporting date: 2014-07-26), 10-K (reporting date: 2013-07-27), 10-K (reporting date: 2012-07-28), 10-K (reporting date: 2011-07-30), 10-K (reporting date: 2010-07-31), 10-K (reporting date: 2009-07-25), 10-K (reporting date: 2008-07-26), 10-K (reporting date: 2007-07-28), 10-K (reporting date: 2006-07-29), 10-K (reporting date: 2005-07-30).
Comparison to Sector (Technology Hardware & Equipment)
Cisco Systems Inc., ROA, long-term trends, comparison to sector (technology hardware & equipment)
| Cisco Systems Inc. | Technology Hardware & Equipment | |
|---|---|---|
| Jul 26, 2025 | 8.32% | — |
| Jul 27, 2024 | 8.29% | 18.69% |
| Jul 29, 2023 | 12.38% | 20.58% |
| Jul 30, 2022 | 12.57% | 21.62% |
| Jul 31, 2021 | 10.86% | 18.88% |
| Jul 25, 2020 | 11.82% | 13.59% |
| Jul 27, 2019 | 11.88% | 11.82% |
| Jul 28, 2018 | 0.10% | 12.52% |
| Jul 29, 2017 | 7.40% | 11.48% |
| Jul 30, 2016 | 8.83% | 12.70% |
| Jul 25, 2015 | 7.91% | 15.41% |
| Jul 26, 2014 | 7.47% | 14.03% |
| Jul 27, 2013 | 9.87% | 15.23% |
| Jul 28, 2012 | 8.76% | 18.55% |
| Jul 30, 2011 | 7.45% | 15.91% |
| Jul 31, 2010 | 9.57% | 13.92% |
| Jul 25, 2009 | 9.00% | 9.70% |
| Jul 26, 2008 | 13.71% | 13.10% |
| Jul 28, 2007 | 13.75% | 13.75% |
| Jul 29, 2006 | 12.88% | 12.51% |
| Jul 30, 2005 | 16.94% | 15.57% |
Based on: 10-K (reporting date: 2025-07-26), 10-K (reporting date: 2024-07-27), 10-K (reporting date: 2023-07-29), 10-K (reporting date: 2022-07-30), 10-K (reporting date: 2021-07-31), 10-K (reporting date: 2020-07-25), 10-K (reporting date: 2019-07-27), 10-K (reporting date: 2018-07-28), 10-K (reporting date: 2017-07-29), 10-K (reporting date: 2016-07-30), 10-K (reporting date: 2015-07-25), 10-K (reporting date: 2014-07-26), 10-K (reporting date: 2013-07-27), 10-K (reporting date: 2012-07-28), 10-K (reporting date: 2011-07-30), 10-K (reporting date: 2010-07-31), 10-K (reporting date: 2009-07-25), 10-K (reporting date: 2008-07-26), 10-K (reporting date: 2007-07-28), 10-K (reporting date: 2006-07-29), 10-K (reporting date: 2005-07-30).
Comparison to Industry (Information Technology)
Cisco Systems Inc., ROA, long-term trends, comparison to industry (information technology)
| Cisco Systems Inc. | Information Technology | |
|---|---|---|
| Jul 26, 2025 | 8.32% | — |
| Jul 27, 2024 | 8.29% | 11.93% |
| Jul 29, 2023 | 12.38% | 12.50% |
| Jul 30, 2022 | 12.57% | 14.55% |
| Jul 31, 2021 | 10.86% | 14.65% |
| Jul 25, 2020 | 11.82% | 11.44% |
| Jul 27, 2019 | 11.88% | 11.78% |
| Jul 28, 2018 | 0.10% | 10.94% |
| Jul 29, 2017 | 7.40% | 9.05% |
| Jul 30, 2016 | 8.83% | 9.79% |
| Jul 25, 2015 | 7.91% | 11.53% |
| Jul 26, 2014 | 7.47% | 12.36% |
| Jul 27, 2013 | 9.87% | 13.26% |
| Jul 28, 2012 | 8.76% | 14.08% |
| Jul 30, 2011 | 7.45% | 15.10% |
| Jul 31, 2010 | 9.57% | 14.50% |
| Jul 25, 2009 | 9.00% | 10.08% |
| Jul 26, 2008 | 13.71% | 11.99% |
| Jul 28, 2007 | 13.75% | 12.03% |
| Jul 29, 2006 | 12.88% | 12.21% |
| Jul 30, 2005 | 16.94% | 12.76% |
Based on: 10-K (reporting date: 2025-07-26), 10-K (reporting date: 2024-07-27), 10-K (reporting date: 2023-07-29), 10-K (reporting date: 2022-07-30), 10-K (reporting date: 2021-07-31), 10-K (reporting date: 2020-07-25), 10-K (reporting date: 2019-07-27), 10-K (reporting date: 2018-07-28), 10-K (reporting date: 2017-07-29), 10-K (reporting date: 2016-07-30), 10-K (reporting date: 2015-07-25), 10-K (reporting date: 2014-07-26), 10-K (reporting date: 2013-07-27), 10-K (reporting date: 2012-07-28), 10-K (reporting date: 2011-07-30), 10-K (reporting date: 2010-07-31), 10-K (reporting date: 2009-07-25), 10-K (reporting date: 2008-07-26), 10-K (reporting date: 2007-07-28), 10-K (reporting date: 2006-07-29), 10-K (reporting date: 2005-07-30).