Paying users zone. Data is hidden behind .
Get 1-month access to Cisco Systems Inc. for $19.99, or
get full access to the entire website for at least 3 months from $49.99.
We accept:
This is a one-time payment. There is no automatic renewal.
Cisco Systems Inc. (CSCO)
DuPont Analysis: Disaggregation of ROE, ROA, and Net Profit Margin
Beginner level
Decomposing ROE involves expressing net income divided by shareholders’ equity as the product of component ratios.
Two-Component Disaggregation of ROE
Cisco Systems Inc., decomposition of ROE
ROE | = | ROA | × | Financial Leverage | |
---|---|---|---|---|---|
Jul 27, 2019 | ![]() |
= | ![]() |
× | ![]() |
Jul 28, 2018 | ![]() |
= | ![]() |
× | ![]() |
Jul 29, 2017 | ![]() |
= | ![]() |
× | ![]() |
Jul 30, 2016 | ![]() |
= | ![]() |
× | ![]() |
Jul 25, 2015 | ![]() |
= | ![]() |
× | ![]() |
Jul 26, 2014 | ![]() |
= | ![]() |
× | ![]() |
Based on: 10-K (filing date: 2019-09-05), 10-K (filing date: 2018-09-06), 10-K (filing date: 2017-09-07), 10-K (filing date: 2016-09-08), 10-K (filing date: 2015-09-08), 10-K (filing date: 2014-09-09).
The primary reason for the increase in return on equity ratio (ROE) over 2019 year is the increase in profitability measured by return on assets ratio (ROA).
Three-Component Disaggregation of ROE
Cisco Systems Inc., decomposition of ROE
ROE | = | Net Profit Margin | × | Asset Turnover | × | Financial Leverage | |
---|---|---|---|---|---|---|---|
Jul 27, 2019 | ![]() |
= | ![]() |
× | ![]() |
× | ![]() |
Jul 28, 2018 | ![]() |
= | ![]() |
× | ![]() |
× | ![]() |
Jul 29, 2017 | ![]() |
= | ![]() |
× | ![]() |
× | ![]() |
Jul 30, 2016 | ![]() |
= | ![]() |
× | ![]() |
× | ![]() |
Jul 25, 2015 | ![]() |
= | ![]() |
× | ![]() |
× | ![]() |
Jul 26, 2014 | ![]() |
= | ![]() |
× | ![]() |
× | ![]() |
Based on: 10-K (filing date: 2019-09-05), 10-K (filing date: 2018-09-06), 10-K (filing date: 2017-09-07), 10-K (filing date: 2016-09-08), 10-K (filing date: 2015-09-08), 10-K (filing date: 2014-09-09).
The primary reason for the increase in return on equity ratio (ROE) over 2019 year is the increase in profitability measured by net profit margin ratio.
Five-Component Disaggregation of ROE
Cisco Systems Inc., decomposition of ROE
Based on: 10-K (filing date: 2019-09-05), 10-K (filing date: 2018-09-06), 10-K (filing date: 2017-09-07), 10-K (filing date: 2016-09-08), 10-K (filing date: 2015-09-08), 10-K (filing date: 2014-09-09).
The primary reason for the increase in return on equity ratio (ROE) over 2019 year is the increase in effect of taxes measured by tax burden ratio.
Two-Component Disaggregation of ROA
Cisco Systems Inc., decomposition of ROA
ROA | = | Net Profit Margin | × | Asset Turnover | |
---|---|---|---|---|---|
Jul 27, 2019 | ![]() |
= | ![]() |
× | ![]() |
Jul 28, 2018 | ![]() |
= | ![]() |
× | ![]() |
Jul 29, 2017 | ![]() |
= | ![]() |
× | ![]() |
Jul 30, 2016 | ![]() |
= | ![]() |
× | ![]() |
Jul 25, 2015 | ![]() |
= | ![]() |
× | ![]() |
Jul 26, 2014 | ![]() |
= | ![]() |
× | ![]() |
Based on: 10-K (filing date: 2019-09-05), 10-K (filing date: 2018-09-06), 10-K (filing date: 2017-09-07), 10-K (filing date: 2016-09-08), 10-K (filing date: 2015-09-08), 10-K (filing date: 2014-09-09).
The primary reason for the increase in return on assets ratio (ROA) over 2019 year is the increase in profitability measured by net profit margin ratio.
Four-Component Disaggregation of ROA
Cisco Systems Inc., decomposition of ROA
ROA | = | Tax Burden | × | Interest Burden | × | EBIT Margin | × | Asset Turnover | |
---|---|---|---|---|---|---|---|---|---|
Jul 27, 2019 | ![]() |
= | ![]() |
× | ![]() |
× | ![]() |
× | ![]() |
Jul 28, 2018 | ![]() |
= | ![]() |
× | ![]() |
× | ![]() |
× | ![]() |
Jul 29, 2017 | ![]() |
= | ![]() |
× | ![]() |
× | ![]() |
× | ![]() |
Jul 30, 2016 | ![]() |
= | ![]() |
× | ![]() |
× | ![]() |
× | ![]() |
Jul 25, 2015 | ![]() |
= | ![]() |
× | ![]() |
× | ![]() |
× | ![]() |
Jul 26, 2014 | ![]() |
= | ![]() |
× | ![]() |
× | ![]() |
× | ![]() |
Based on: 10-K (filing date: 2019-09-05), 10-K (filing date: 2018-09-06), 10-K (filing date: 2017-09-07), 10-K (filing date: 2016-09-08), 10-K (filing date: 2015-09-08), 10-K (filing date: 2014-09-09).
The primary reason for the increase in return on assets ratio (ROA) over 2019 year is the increase in effect of taxes measured by tax burden ratio.
Disaggregation of Net Profit Margin
Cisco Systems Inc., decomposition of net profit margin ratio
Net Profit Margin | = | Tax Burden | × | Interest Burden | × | EBIT Margin | |
---|---|---|---|---|---|---|---|
Jul 27, 2019 | ![]() |
= | ![]() |
× | ![]() |
× | ![]() |
Jul 28, 2018 | ![]() |
= | ![]() |
× | ![]() |
× | ![]() |
Jul 29, 2017 | ![]() |
= | ![]() |
× | ![]() |
× | ![]() |
Jul 30, 2016 | ![]() |
= | ![]() |
× | ![]() |
× | ![]() |
Jul 25, 2015 | ![]() |
= | ![]() |
× | ![]() |
× | ![]() |
Jul 26, 2014 | ![]() |
= | ![]() |
× | ![]() |
× | ![]() |
Based on: 10-K (filing date: 2019-09-05), 10-K (filing date: 2018-09-06), 10-K (filing date: 2017-09-07), 10-K (filing date: 2016-09-08), 10-K (filing date: 2015-09-08), 10-K (filing date: 2014-09-09).
The primary reason for the increase in net profit margin ratio over 2019 year is the increase in effect of taxes measured by tax burden ratio.