Stock Analysis on Net
Stock Analysis on Net

Cisco Systems Inc. (NASDAQ:CSCO)

Analysis of Profitability Ratios
Quarterly Data

Beginner level


Profitability Ratios (Summary)

Cisco Systems Inc., profitability ratios (quarterly data)

Microsoft Excel LibreOffice Calc
Apr 25, 2020 Jan 25, 2020 Oct 26, 2019 Jul 27, 2019 Apr 27, 2019 Jan 26, 2019 Oct 27, 2018 Jul 28, 2018 Apr 28, 2018 Jan 27, 2018 Oct 28, 2017 Jul 29, 2017 Apr 29, 2017 Jan 28, 2017 Oct 29, 2016 Jul 30, 2016 Apr 30, 2016 Jan 23, 2016 Oct 24, 2015 Jul 25, 2015 Apr 25, 2015 Jan 24, 2015 Oct 25, 2014 Jul 26, 2014 Apr 26, 2014 Jan 25, 2014 Oct 26, 2013
Return on Sales
Gross profit margin 64.41% 63.97% 63.44% 62.94% 62.38% 62.17% 62.32% 62.04% 62.18% 62.35% 62.29% 62.96% 63.19% 63.53% 63.40% 62.87% 62.12% 61.55% 60.85% 60.38% 60.30% 59.97% 58.55% 58.91%
Operating profit margin 27.81% 27.47% 26.91% 27.39% 27.04% 26.55% 26.57% 24.95% 24.68% 25.02% 24.80% 24.94% 25.24% 24.82% 25.47% 25.71% 24.75% 24.56% 23.20% 21.91% 21.72% 21.19% 19.52% 19.82%
Net profit margin 21.32% 21.44% 21.15% 22.39% 25.76% 25.31% 2.52% 0.22% -2.61% -3.00% 20.26% 20.02% 20.61% 20.24% 21.73% 21.81% 20.72% 20.84% 19.32% 18.27% 18.30% 18.00% 16.25% 16.66%
Return on Investment
Return on equity (ROE) 30.20% 31.11% 31.95% 34.62% 35.91% 31.54% 2.88% 0.25% -2.72% -2.78% 14.77% 14.53% 15.29% 15.41% 16.77% 16.89% 16.43% 16.98% 15.98% 15.04% 15.15% 14.99% 13.55% 13.86%
Return on assets (ROA) 11.80% 12.22% 11.89% 11.88% 13.59% 12.56% 1.20% 0.10% -1.11% -1.10% 7.42% 7.40% 7.94% 7.79% 8.42% 8.83% 8.63% 9.17% 8.57% 7.91% 8.39% 8.25% 7.39% 7.47%

Based on: 10-Q (filing date: 2020-05-18), 10-Q (filing date: 2020-02-18), 10-Q (filing date: 2019-11-19), 10-K (filing date: 2019-09-05), 10-Q (filing date: 2019-05-21), 10-Q (filing date: 2019-02-19), 10-Q (filing date: 2018-11-20), 10-K (filing date: 2018-09-06), 10-Q (filing date: 2018-05-22), 10-Q (filing date: 2018-02-20), 10-Q (filing date: 2017-11-21), 10-K (filing date: 2017-09-07), 10-Q (filing date: 2017-05-23), 10-Q (filing date: 2017-02-21), 10-Q (filing date: 2016-11-22), 10-K (filing date: 2016-09-08), 10-Q (filing date: 2016-05-24), 10-Q (filing date: 2016-02-18), 10-Q (filing date: 2015-11-19), 10-K (filing date: 2015-09-08), 10-Q (filing date: 2015-05-20), 10-Q (filing date: 2015-02-18), 10-Q (filing date: 2014-11-20), 10-K (filing date: 2014-09-09), 10-Q (filing date: 2014-05-22), 10-Q (filing date: 2014-02-20), 10-Q (filing date: 2013-11-22).

Profitability ratio Description The company
Gross profit margin Gross profit margin indicates the percentage of revenue available to cover operating and other expenditures. Cisco Systems Inc.’s gross profit margin ratio improved from Q1 2020 to Q2 2020 and from Q2 2020 to Q3 2020.
Operating profit margin A profitability ratio calculated as operating income divided by revenue. Cisco Systems Inc.’s operating profit margin ratio improved from Q1 2020 to Q2 2020 and from Q2 2020 to Q3 2020.
Net profit margin An indicator of profitability, calculated as net income divided by revenue. Cisco Systems Inc.’s net profit margin ratio improved from Q1 2020 to Q2 2020 but then slightly deteriorated from Q2 2020 to Q3 2020.

Profitability ratio Description The company
ROE A profitability ratio calculated as net income divided by shareholders’ equity. Cisco Systems Inc.’s ROE deteriorated from Q1 2020 to Q2 2020 and from Q2 2020 to Q3 2020.
ROA A profitability ratio calculated as net income divided by total assets. Cisco Systems Inc.’s ROA improved from Q1 2020 to Q2 2020 but then deteriorated significantly from Q2 2020 to Q3 2020.

Gross Profit Margin

Cisco Systems Inc., gross profit margin calculation (quarterly data)

Microsoft Excel LibreOffice Calc
Apr 25, 2020 Jan 25, 2020 Oct 26, 2019 Jul 27, 2019 Apr 27, 2019 Jan 26, 2019 Oct 27, 2018 Jul 28, 2018 Apr 28, 2018 Jan 27, 2018 Oct 28, 2017 Jul 29, 2017 Apr 29, 2017 Jan 28, 2017 Oct 29, 2016 Jul 30, 2016 Apr 30, 2016 Jan 23, 2016 Oct 24, 2015 Jul 25, 2015 Apr 25, 2015 Jan 24, 2015 Oct 25, 2014 Jul 26, 2014 Apr 26, 2014 Jan 25, 2014 Oct 26, 2013
Selected Financial Data (US$ in millions)
Gross margin 7,771  7,764  8,464  8,574  8,173  7,773  8,146  7,922  7,759  7,498  7,427  7,546  7,518  7,276  7,884  7,975  7,721  7,432  7,832  7,733  7,525  7,090  7,333  7,405  7,006  5,951  7,407 
Revenue 11,983  12,005  13,159  13,428  12,958  12,446  13,072  12,844  12,463  11,887  12,136  12,133  11,940  11,580  12,352  12,638  12,000  11,927  12,682  12,843  12,137  11,936  12,245  12,357  11,545  11,155  12,085 
Profitability Ratio
Gross profit margin1 64.41% 63.97% 63.44% 62.94% 62.38% 62.17% 62.32% 62.04% 62.18% 62.35% 62.29% 62.96% 63.19% 63.53% 63.40% 62.87% 62.12% 61.55% 60.85% 60.38% 60.30% 59.97% 58.55% 58.91%
Benchmarks
Gross Profit Margin, Competitors2
Advanced Micro Devices Inc. 43.69% 42.61% 40.78% 39.83% 38.87% 37.79% 37.10% 35.81% 34.86% 34.21% 33.48% 24.79% 23.96% 23.36% 22.55% 28.62% 26.97% 27.06%
Analog Devices Inc. 65.56% 66.43% 67.00% 67.79% 67.95% 68.09% 68.27% 67.46% 63.96% 61.12% 59.94% 59.57% 63.11% 65.95% 65.10% 64.84% 64.86% 65.05% 65.77%
Apple Inc. 38.11% 37.95% 37.82% 37.90% 38.05% 38.21% 38.34% 38.27% 38.30% 38.43% 38.47% 38.51% 38.41% 38.52% 39.08% 39.49% 39.81% 40.13% 40.06% 39.71% 39.66% 39.26% 38.59%
Applied Materials Inc. 44.04% 43.81% 43.72% 43.93% 44.39% 45.01% 45.31% 45.47% 45.48% 45.31% 44.93% 44.31% 43.55% 42.55% 41.67% 41.14% 40.74% 40.90% 40.92% 41.36% 42.08% 42.32% 42.36%
Broadcom Inc. 55.21% 55.32% 55.24% 55.09% 54.33% 53.09% 51.48% 50.28% 49.42% 48.53% 48.25% 49.01% 48.78% 44.85% 44.86% 43.55% 43.52% 52.70% 52.07% 50.87% 46.71% 45.51% 43.97%
Intel Corp. 59.51% 58.56% 58.92% 60.46% 60.83% 61.73% 62.50% 61.87% 61.93% 62.25% 61.86% 62.12% 61.52% 60.94% 61.59% 61.48% 62.33% 62.65%
Lam Research Corp. 45.86% 45.20% 45.13% 45.15% 45.66% 46.12% 46.42% 46.63% 46.18% 45.99% 45.56% 44.97% 44.81% 44.44% 44.15% 44.49% 44.01% 43.91% 43.83% 43.43%
Micron Technology Inc. 29.03% 30.33% 36.11% 45.72% 53.60% 57.87% 59.55% 58.87% 56.43% 53.13% 48.25% 41.51% 33.92% 25.74% 20.49% 20.20% 22.66% 26.21% 29.57% 32.21% 33.47% 34.20% 34.31% 33.24%
NVIDIA Corp. 59.49% 58.57% 59.64% 61.21% 62.51% 62.41% 61.36% 59.93% 59.31% 59.18% 59.16% 58.80% 57.84% 57.01% 56.33% 56.11% 55.99% 55.72% 55.99% 55.53%
Qualcomm Inc. 65.07% 65.22% 64.57% 63.06% 54.26% 54.58% 54.94% 56.00% 55.57% 55.22% 56.07% 57.12% 58.16% 59.38% 58.61% 58.55% 58.53% 58.82% 58.95% 58.95% 59.36% 59.10% 59.66%
Texas Instruments Inc. 63.68% 63.71% 64.23% 64.51% 64.73% 65.11% 65.18% 64.84% 64.61% 64.26% 63.64% 62.97% 62.19% 61.63% 60.65% 59.62% 58.86% 58.15%

Based on: 10-Q (filing date: 2020-05-18), 10-Q (filing date: 2020-02-18), 10-Q (filing date: 2019-11-19), 10-K (filing date: 2019-09-05), 10-Q (filing date: 2019-05-21), 10-Q (filing date: 2019-02-19), 10-Q (filing date: 2018-11-20), 10-K (filing date: 2018-09-06), 10-Q (filing date: 2018-05-22), 10-Q (filing date: 2018-02-20), 10-Q (filing date: 2017-11-21), 10-K (filing date: 2017-09-07), 10-Q (filing date: 2017-05-23), 10-Q (filing date: 2017-02-21), 10-Q (filing date: 2016-11-22), 10-K (filing date: 2016-09-08), 10-Q (filing date: 2016-05-24), 10-Q (filing date: 2016-02-18), 10-Q (filing date: 2015-11-19), 10-K (filing date: 2015-09-08), 10-Q (filing date: 2015-05-20), 10-Q (filing date: 2015-02-18), 10-Q (filing date: 2014-11-20), 10-K (filing date: 2014-09-09), 10-Q (filing date: 2014-05-22), 10-Q (filing date: 2014-02-20), 10-Q (filing date: 2013-11-22).

1 Q3 2020 Calculation
Gross profit margin = 100 × (Gross marginQ3 2020 + Gross marginQ2 2020 + Gross marginQ1 2020 + Gross marginQ4 2019) ÷ (RevenueQ3 2020 + RevenueQ2 2020 + RevenueQ1 2020 + RevenueQ4 2019)
= 100 × (7,771 + 7,764 + 8,464 + 8,574) ÷ (11,983 + 12,005 + 13,159 + 13,428) = 64.41%

2 Click competitor name to see calculations.

Profitability ratio Description The company
Gross profit margin Gross profit margin indicates the percentage of revenue available to cover operating and other expenditures. Cisco Systems Inc.’s gross profit margin ratio improved from Q1 2020 to Q2 2020 and from Q2 2020 to Q3 2020.

Operating Profit Margin

Cisco Systems Inc., operating profit margin calculation (quarterly data)

Microsoft Excel LibreOffice Calc
Apr 25, 2020 Jan 25, 2020 Oct 26, 2019 Jul 27, 2019 Apr 27, 2019 Jan 26, 2019 Oct 27, 2018 Jul 28, 2018 Apr 28, 2018 Jan 27, 2018 Oct 28, 2017 Jul 29, 2017 Apr 29, 2017 Jan 28, 2017 Oct 29, 2016 Jul 30, 2016 Apr 30, 2016 Jan 23, 2016 Oct 24, 2015 Jul 25, 2015 Apr 25, 2015 Jan 24, 2015 Oct 25, 2014 Jul 26, 2014 Apr 26, 2014 Jan 25, 2014 Oct 26, 2013
Selected Financial Data (US$ in millions)
Operating income 3,414  3,380  3,579  3,690  3,513  3,211  3,805  3,346  3,134  3,073  2,756  3,034  3,169  2,893  2,877  3,303  2,984  3,294  3,079  2,881  2,925  2,622  2,342  2,681  2,542  1,667  2,455 
Revenue 11,983  12,005  13,159  13,428  12,958  12,446  13,072  12,844  12,463  11,887  12,136  12,133  11,940  11,580  12,352  12,638  12,000  11,927  12,682  12,843  12,137  11,936  12,245  12,357  11,545  11,155  12,085 
Profitability Ratio
Operating profit margin1 27.81% 27.47% 26.91% 27.39% 27.04% 26.55% 26.57% 24.95% 24.68% 25.02% 24.80% 24.94% 25.24% 24.82% 25.47% 25.71% 24.75% 24.56% 23.20% 21.91% 21.72% 21.19% 19.52% 19.82%
Benchmarks
Operating Profit Margin, Competitors2
Advanced Micro Devices Inc. 10.63% 9.37% 5.16% 4.68% 6.05% 6.97% 7.73% 7.37% 5.89% 3.83% 2.40% -6.49% -7.53% -8.71% -10.14% -7.30% -10.86% -12.05%
Analog Devices Inc. 25.30% 26.56% 28.55% 30.69% 31.07% 31.05% 30.35% 29.56% 25.18% 21.17% 20.66% 21.09% 25.91% 30.23% 30.05% 22.96% 22.90% 23.83% 24.19%
Apple Inc. 24.48% 24.71% 24.57% 24.87% 25.34% 25.98% 26.69% 26.60% 26.70% 26.87% 26.76% 26.84% 26.91% 27.15% 27.84% 28.55% 29.39% 30.28% 30.48% 30.21% 30.15% 29.67% 28.72%
Applied Materials Inc. 23.58% 23.20% 22.93% 23.55% 25.09% 26.83% 27.80% 28.35% 28.17% 27.53% 26.61% 25.58% 24.11% 21.99% 19.88% 18.17% 16.71% 16.63% 17.53% 17.60% 17.97% 17.83% 16.75%
Broadcom Inc. 14.85% 15.90% 15.24% 18.15% 20.70% 22.28% 24.63% 20.93% 18.05% 14.98% 13.51% 11.87% 6.75% -2.42% -3.09% -2.52% 3.23% 24.51% 23.92% 21.59% 15.68% 13.47% 10.26%
Intel Corp. 32.88% 30.62% 30.48% 31.77% 32.49% 32.91% 32.48% 30.58% 29.37% 28.58% 27.49% 26.60% 22.99% 21.68% 21.83% 21.86% 24.80% 25.29%
Lam Research Corp. 26.37% 25.20% 25.40% 25.53% 26.90% 28.19% 28.47% 29.01% 27.84% 26.96% 25.73% 23.74% 22.22% 19.70% 17.82% 18.25% 16.42% 17.04% 16.74% 14.98%
Micron Technology Inc. 12.33% 13.36% 20.04% 31.51% 41.16% 46.84% 49.70% 49.34% 46.71% 43.04% 37.17% 28.88% 19.16% 9.12% 2.27% 1.35% 4.91% 9.35% 14.33% 18.52% 20.21% 21.28% 21.44% 18.87%
NVIDIA Corp. 21.46% 22.40% 26.72% 32.47% 36.89% 37.21% 35.97% 33.05% 31.97% 31.33% 29.74% 27.99% 23.64% 19.43% 15.80% 14.91% 14.98% 14.57% 16.57% 16.21%
Qualcomm Inc. 32.49% 32.59% 31.59% 24.99% 9.05% 6.62% 3.26% 7.57% 6.98% 8.34% 11.73% 18.09% 21.09% 23.50% 27.57% 25.55% 24.22% 22.53% 22.85% 24.99% 27.16% 30.12% 28.50%
Texas Instruments Inc. 39.58% 39.79% 40.61% 41.59% 41.98% 42.53% 42.74% 42.18% 41.56% 40.66% 39.92% 38.40% 36.93% 35.89% 35.16% 34.04% 33.32% 32.88%

Based on: 10-Q (filing date: 2020-05-18), 10-Q (filing date: 2020-02-18), 10-Q (filing date: 2019-11-19), 10-K (filing date: 2019-09-05), 10-Q (filing date: 2019-05-21), 10-Q (filing date: 2019-02-19), 10-Q (filing date: 2018-11-20), 10-K (filing date: 2018-09-06), 10-Q (filing date: 2018-05-22), 10-Q (filing date: 2018-02-20), 10-Q (filing date: 2017-11-21), 10-K (filing date: 2017-09-07), 10-Q (filing date: 2017-05-23), 10-Q (filing date: 2017-02-21), 10-Q (filing date: 2016-11-22), 10-K (filing date: 2016-09-08), 10-Q (filing date: 2016-05-24), 10-Q (filing date: 2016-02-18), 10-Q (filing date: 2015-11-19), 10-K (filing date: 2015-09-08), 10-Q (filing date: 2015-05-20), 10-Q (filing date: 2015-02-18), 10-Q (filing date: 2014-11-20), 10-K (filing date: 2014-09-09), 10-Q (filing date: 2014-05-22), 10-Q (filing date: 2014-02-20), 10-Q (filing date: 2013-11-22).

1 Q3 2020 Calculation
Operating profit margin = 100 × (Operating incomeQ3 2020 + Operating incomeQ2 2020 + Operating incomeQ1 2020 + Operating incomeQ4 2019) ÷ (RevenueQ3 2020 + RevenueQ2 2020 + RevenueQ1 2020 + RevenueQ4 2019)
= 100 × (3,414 + 3,380 + 3,579 + 3,690) ÷ (11,983 + 12,005 + 13,159 + 13,428) = 27.81%

2 Click competitor name to see calculations.

Profitability ratio Description The company
Operating profit margin A profitability ratio calculated as operating income divided by revenue. Cisco Systems Inc.’s operating profit margin ratio improved from Q1 2020 to Q2 2020 and from Q2 2020 to Q3 2020.

Net Profit Margin

Cisco Systems Inc., net profit margin calculation (quarterly data)

Microsoft Excel LibreOffice Calc
Apr 25, 2020 Jan 25, 2020 Oct 26, 2019 Jul 27, 2019 Apr 27, 2019 Jan 26, 2019 Oct 27, 2018 Jul 28, 2018 Apr 28, 2018 Jan 27, 2018 Oct 28, 2017 Jul 29, 2017 Apr 29, 2017 Jan 28, 2017 Oct 29, 2016 Jul 30, 2016 Apr 30, 2016 Jan 23, 2016 Oct 24, 2015 Jul 25, 2015 Apr 25, 2015 Jan 24, 2015 Oct 25, 2014 Jul 26, 2014 Apr 26, 2014 Jan 25, 2014 Oct 26, 2013
Selected Financial Data (US$ in millions)
Net income (loss) 2,774  2,878  2,926  2,206  3,044  2,822  3,549  3,803  2,691  (8,778) 2,394  2,424  2,515  2,348  2,322  2,813  2,349  3,147  2,430  2,319  2,437  2,397  1,828  2,247  2,181  1,429  1,996 
Revenue 11,983  12,005  13,159  13,428  12,958  12,446  13,072  12,844  12,463  11,887  12,136  12,133  11,940  11,580  12,352  12,638  12,000  11,927  12,682  12,843  12,137  11,936  12,245  12,357  11,545  11,155  12,085 
Profitability Ratio
Net profit margin1 21.32% 21.44% 21.15% 22.39% 25.76% 25.31% 2.52% 0.22% -2.61% -3.00% 20.26% 20.02% 20.61% 20.24% 21.73% 21.81% 20.72% 20.84% 19.32% 18.27% 18.30% 18.00% 16.25% 16.66%
Benchmarks
Net Profit Margin, Competitors2
Advanced Micro Devices Inc. 6.72% 5.07% 3.47% 3.25% 4.46% 5.20% 5.51% 5.04% 3.29% 0.81% -1.39% -11.82% -10.42% -11.63% -13.29% -8.74% -15.53% -16.54%
Analog Devices Inc. 20.05% 21.06% 22.75% 24.71% 25.18% 25.42% 24.12% 22.95% 17.72% 13.80% 14.24% 14.79% 20.90% 25.14% 25.18% 19.49% 19.11% 19.89% 20.29%
Apple Inc. 21.35% 21.49% 21.24% 21.50% 22.12% 22.72% 22.41% 21.98% 21.55% 21.12% 21.09% 20.87% 20.74% 20.73% 21.19% 21.70% 22.27% 22.87% 22.85% 22.62% 22.53% 22.25% 21.61%
Applied Materials Inc. 18.89% 18.83% 18.52% 19.40% 22.10% 23.50% 19.20% 19.87% 19.24% 18.53% 23.62% 22.08% 20.41% 18.05% 15.90% 14.62% 13.29% 13.76% 14.26% 13.57% 13.60% 12.63% 11.82%
Broadcom Inc. 10.97% 11.64% 12.05% 13.44% 15.92% 30.50% 58.80% 57.66% 55.79% 40.81% 9.59% 3.12% -1.54% -12.03% -13.13% -6.20% -1.58% 19.97% 19.99% 16.28% 10.90% 9.24% 6.16%
Intel Corp. 30.02% 29.25% 27.46% 28.05% 29.04% 29.72% 21.91% 20.06% 17.32% 15.30% 22.31% 20.60% 18.57% 17.37% 17.90% 17.84% 20.39% 20.63%
Lam Research Corp. 21.81% 21.67% 22.38% 22.70% 25.64% 26.70% 21.26% 21.49% 18.32% 17.60% 22.85% 21.19% 19.82% 15.67% 15.02% 15.53% 13.51% 14.39% 14.07% 12.47%
Micron Technology Inc. 11.16% 11.72% 17.01% 26.97% 37.36% 43.56% 46.82% 46.51% 43.36% 38.68% 32.77% 25.04% 14.66% 4.68% -2.32% -2.23% 2.86% 7.80% 14.04% 17.90% 21.27% 22.97% 21.85% 18.61%
NVIDIA Corp. 24.07% 26.92% 30.67% 35.34% 37.79% 36.22% 34.45% 31.37% 28.78% 27.41% 26.05% 24.11% 19.86% 16.97% 13.32% 12.26% 12.33% 11.01% 13.28% 13.47%
Qualcomm Inc. 16.36% 17.31% 18.07% 13.41% 11.57% 10.03% -21.40% -18.40% -20.15% -18.64% 11.06% 17.26% 19.25% 20.56% 24.22% 22.64% 21.70% 20.02% 20.85% 23.02% 26.04% 29.91% 30.08%
Texas Instruments Inc. 35.23% 34.88% 35.16% 34.98% 34.84% 35.35% 29.62% 28.08% 26.39% 24.61% 29.98% 29.03% 28.20% 26.89% 25.74% 24.53% 23.65% 22.97%

Based on: 10-Q (filing date: 2020-05-18), 10-Q (filing date: 2020-02-18), 10-Q (filing date: 2019-11-19), 10-K (filing date: 2019-09-05), 10-Q (filing date: 2019-05-21), 10-Q (filing date: 2019-02-19), 10-Q (filing date: 2018-11-20), 10-K (filing date: 2018-09-06), 10-Q (filing date: 2018-05-22), 10-Q (filing date: 2018-02-20), 10-Q (filing date: 2017-11-21), 10-K (filing date: 2017-09-07), 10-Q (filing date: 2017-05-23), 10-Q (filing date: 2017-02-21), 10-Q (filing date: 2016-11-22), 10-K (filing date: 2016-09-08), 10-Q (filing date: 2016-05-24), 10-Q (filing date: 2016-02-18), 10-Q (filing date: 2015-11-19), 10-K (filing date: 2015-09-08), 10-Q (filing date: 2015-05-20), 10-Q (filing date: 2015-02-18), 10-Q (filing date: 2014-11-20), 10-K (filing date: 2014-09-09), 10-Q (filing date: 2014-05-22), 10-Q (filing date: 2014-02-20), 10-Q (filing date: 2013-11-22).

1 Q3 2020 Calculation
Net profit margin = 100 × (Net income (loss)Q3 2020 + Net income (loss)Q2 2020 + Net income (loss)Q1 2020 + Net income (loss)Q4 2019) ÷ (RevenueQ3 2020 + RevenueQ2 2020 + RevenueQ1 2020 + RevenueQ4 2019)
= 100 × (2,774 + 2,878 + 2,926 + 2,206) ÷ (11,983 + 12,005 + 13,159 + 13,428) = 21.32%

2 Click competitor name to see calculations.

Profitability ratio Description The company
Net profit margin An indicator of profitability, calculated as net income divided by revenue. Cisco Systems Inc.’s net profit margin ratio improved from Q1 2020 to Q2 2020 but then slightly deteriorated from Q2 2020 to Q3 2020.

Return on Equity (ROE)

Cisco Systems Inc., ROE calculation (quarterly data)

Microsoft Excel LibreOffice Calc
Apr 25, 2020 Jan 25, 2020 Oct 26, 2019 Jul 27, 2019 Apr 27, 2019 Jan 26, 2019 Oct 27, 2018 Jul 28, 2018 Apr 28, 2018 Jan 27, 2018 Oct 28, 2017 Jul 29, 2017 Apr 29, 2017 Jan 28, 2017 Oct 29, 2016 Jul 30, 2016 Apr 30, 2016 Jan 23, 2016 Oct 24, 2015 Jul 25, 2015 Apr 25, 2015 Jan 24, 2015 Oct 25, 2014 Jul 26, 2014 Apr 26, 2014 Jan 25, 2014 Oct 26, 2013
Selected Financial Data (US$ in millions)
Net income (loss) 2,774  2,878  2,926  2,206  3,044  2,822  3,549  3,803  2,691  (8,778) 2,394  2,424  2,515  2,348  2,322  2,813  2,349  3,147  2,430  2,319  2,437  2,397  1,828  2,247  2,181  1,429  1,996 
Total Cisco shareholders’ equity 35,708  35,533  34,423  33,571  36,804  40,789  43,848  43,204  46,661  51,982  65,550  66,137  65,382  63,811  63,406  63,586  62,358  60,871  59,977  59,698  58,823  57,718  56,708  56,654  55,787  56,069  58,897 
Profitability Ratio
ROE1 30.20% 31.11% 31.95% 34.62% 35.91% 31.54% 2.88% 0.25% -2.72% -2.78% 14.77% 14.53% 15.29% 15.41% 16.77% 16.89% 16.43% 16.98% 15.98% 15.04% 15.15% 14.99% 13.55% 13.86%
Benchmarks
ROE, Competitors2
Advanced Micro Devices Inc. 16.04% 12.06% 9.60% 10.05% 15.21% 26.62% 32.00% 37.43% 27.55% 7.04% -13.27% -130.94% -112.71% -119.47% -142.34%
Analog Devices Inc. 9.59% 10.37% 11.64% 12.88% 13.37% 13.66% 13.61% 12.99% 10.06% 7.52% 7.16% 6.81% 8.40% 17.23% 16.68% 13.28% 13.29% 13.67% 13.74%
Apple Inc. 72.96% 64.25% 61.06% 57.74% 54.01% 50.41% 55.56% 48.82% 42.02% 36.04% 36.07% 35.23% 34.11% 34.15% 35.62% 37.77% 38.85% 41.89% 44.74% 40.37% 37.06% 36.05% 35.42%
Applied Materials Inc. 32.31% 32.64% 32.94% 35.53% 42.51% 48.11% 48.44% 50.10% 45.03% 33.69% 36.73% 35.13% 32.17% 27.81% 23.85% 21.22% 19.36% 18.35% 18.09% 16.26% 15.20% 14.46% 13.62%
Broadcom Inc. 10.48% 10.83% 10.92% 13.91% 15.66% 27.99% 45.99% 42.53% 34.18% 29.66% 8.34% 2.67% -1.29% -9.86% -9.20% -3.48% -0.71% 27.14% 28.94% 24.99% 16.40% 13.23% 8.11%
Intel Corp. 29.78% 27.16% 26.05% 26.35% 27.93% 28.24% 21.22% 18.97% 15.81% 13.91% 19.52% 18.52% 16.81% 15.58% 16.43% 16.46% 18.76% 18.70%
Lam Research Corp. 46.21% 47.26% 43.02% 46.89% 50.48% 50.17% 43.65% 36.62% 27.72% 27.38% 27.84% 24.90% 21.20% 15.62% 14.38% 15.51% 13.81% 15.29% 14.99% 12.85%
Micron Technology Inc. 5.98% 6.20% 9.62% 17.59% 28.53% 37.78% 43.55% 43.77% 42.51% 38.92% 33.68% 27.33% 15.78% 4.82% -2.45% -2.28% 2.99% 8.73% 17.09% 23.57% 28.72% 31.33% 31.60% 28.27%
NVIDIA Corp. 21.50% 26.53% 33.91% 44.33% 49.54% 48.91% 49.03% 40.78% 40.66% 38.29% 32.05% 28.91% 22.90% 20.60% 16.40% 13.74% 13.42% 12.57% 13.79% 14.27%
Qualcomm Inc. 132.94% 94.02% 89.35% 62.00% 63.55% 59.64% -524.14% -18.22% -19.12% -17.43% 8.02% 12.45% 14.27% 15.66% 17.95% 16.86% 16.56% 15.86% 16.78% 18.38% 18.92% 20.77% 20.34%
Texas Instruments Inc. 64.31% 56.33% 57.72% 62.82% 63.75% 62.04% 44.55% 41.38% 38.07% 35.62% 39.91% 38.46% 36.48% 34.33% 32.90% 31.76% 31.09% 30.02%

Based on: 10-Q (filing date: 2020-05-18), 10-Q (filing date: 2020-02-18), 10-Q (filing date: 2019-11-19), 10-K (filing date: 2019-09-05), 10-Q (filing date: 2019-05-21), 10-Q (filing date: 2019-02-19), 10-Q (filing date: 2018-11-20), 10-K (filing date: 2018-09-06), 10-Q (filing date: 2018-05-22), 10-Q (filing date: 2018-02-20), 10-Q (filing date: 2017-11-21), 10-K (filing date: 2017-09-07), 10-Q (filing date: 2017-05-23), 10-Q (filing date: 2017-02-21), 10-Q (filing date: 2016-11-22), 10-K (filing date: 2016-09-08), 10-Q (filing date: 2016-05-24), 10-Q (filing date: 2016-02-18), 10-Q (filing date: 2015-11-19), 10-K (filing date: 2015-09-08), 10-Q (filing date: 2015-05-20), 10-Q (filing date: 2015-02-18), 10-Q (filing date: 2014-11-20), 10-K (filing date: 2014-09-09), 10-Q (filing date: 2014-05-22), 10-Q (filing date: 2014-02-20), 10-Q (filing date: 2013-11-22).

1 Q3 2020 Calculation
ROE = 100 × (Net income (loss)Q3 2020 + Net income (loss)Q2 2020 + Net income (loss)Q1 2020 + Net income (loss)Q4 2019) ÷ Total Cisco shareholders’ equity
= 100 × (2,774 + 2,878 + 2,926 + 2,206) ÷ 35,708 = 30.20%

2 Click competitor name to see calculations.

Profitability ratio Description The company
ROE A profitability ratio calculated as net income divided by shareholders’ equity. Cisco Systems Inc.’s ROE deteriorated from Q1 2020 to Q2 2020 and from Q2 2020 to Q3 2020.

Return on Assets (ROA)

Cisco Systems Inc., ROA calculation (quarterly data)

Microsoft Excel LibreOffice Calc
Apr 25, 2020 Jan 25, 2020 Oct 26, 2019 Jul 27, 2019 Apr 27, 2019 Jan 26, 2019 Oct 27, 2018 Jul 28, 2018 Apr 28, 2018 Jan 27, 2018 Oct 28, 2017 Jul 29, 2017 Apr 29, 2017 Jan 28, 2017 Oct 29, 2016 Jul 30, 2016 Apr 30, 2016 Jan 23, 2016 Oct 24, 2015 Jul 25, 2015 Apr 25, 2015 Jan 24, 2015 Oct 25, 2014 Jul 26, 2014 Apr 26, 2014 Jan 25, 2014 Oct 26, 2013
Selected Financial Data (US$ in millions)
Net income (loss) 2,774  2,878  2,926  2,206  3,044  2,822  3,549  3,803  2,691  (8,778) 2,394  2,424  2,515  2,348  2,322  2,813  2,349  3,147  2,430  2,319  2,437  2,397  1,828  2,247  2,181  1,429  1,996 
Total assets 91,394  90,426  92,492  97,793  97,287  102,462  105,429  108,784  114,008  131,510  130,522  129,818  125,950  126,248  126,287  121,652  118,654  112,642  111,773  113,481  106,212  104,922  103,978  105,134  101,856  98,427  100,741 
Profitability Ratio
ROA1 11.80% 12.22% 11.89% 11.88% 13.59% 12.56% 1.20% 0.10% -1.11% -1.10% 7.42% 7.40% 7.94% 7.79% 8.42% 8.83% 8.63% 9.17% 8.57% 7.91% 8.39% 8.25% 7.39% 7.47%
Benchmarks
ROA, Competitors2
Advanced Micro Devices Inc. 8.30% 5.66% 3.98% 3.74% 5.52% 7.40% 8.28% 8.02% 5.24% 1.21% -1.92% -16.20% -13.97% -14.97% -15.15% -10.22% -19.76% -21.23%
Analog Devices Inc. 5.21% 5.67% 6.37% 7.04% 7.21% 7.25% 7.31% 6.86% 5.12% 3.73% 3.44% 3.20% 3.14% 8.96% 10.81% 8.61% 8.56% 8.98% 9.87%
Apple Inc. 17.86% 16.89% 16.32% 17.28% 16.72% 15.90% 16.28% 16.07% 14.51% 12.42% 12.88% 13.52% 13.67% 13.65% 14.20% 15.64% 16.60% 18.32% 18.38% 18.57% 18.30% 16.98% 17.04%
Applied Materials Inc. 13.37% 14.30% 14.22% 15.34% 18.57% 20.87% 18.64% 19.12% 17.14% 14.58% 17.68% 16.05% 14.48% 14.03% 11.80% 10.56% 9.72% 9.87% 9.00% 9.86% 9.34% 8.93% 8.14%
Broadcom Inc. 3.08% 3.26% 4.04% 4.29% 4.90% 9.01% 24.46% 23.18% 19.95% 14.09% 3.11% 1.06% -0.50% -3.78% -3.48% -1.36% -0.27% 12.90% 12.88% 10.71% 6.32% 4.49% 2.51%
Intel Corp. 15.39% 15.42% 14.46% 15.10% 15.89% 16.45% 11.83% 10.55% 8.62% 7.79% 10.90% 10.41% 9.71% 9.10% 9.24% 9.19% 10.88% 11.08%
Lam Research Corp. 16.21% 17.37% 17.21% 18.26% 20.71% 26.95% 21.20% 19.08% 13.80% 13.03% 16.33% 14.00% 12.04% 8.67% 7.04% 7.45% 7.84% 8.71% 8.37% 7.00%
Micron Technology Inc. 4.35% 4.63% 7.07% 12.91% 21.77% 27.50% 33.08% 32.59% 29.10% 24.24% 20.40% 14.40% 7.67% 2.13% -1.08% -1.00% 1.35% 4.32% 8.62% 12.01% 14.23% 16.34% 16.37% 13.53%
NVIDIA Corp. 15.25% 18.56% 23.47% 31.15% 34.37% 33.40% 33.02% 27.11% 26.28% 24.32% 20.88% 16.93% 12.68% 12.37% 9.68% 8.33% 8.35% 7.54% 8.61% 8.76%
Qualcomm Inc. 12.67% 12.81% 13.31% 9.92% 7.22% 6.30% -14.88% -6.77% -7.10% -6.48% 3.77% 6.05% 7.98% 9.34% 10.90% 10.18% 9.80% 9.55% 10.38% 11.67% 15.17% 16.64% 16.40%
Texas Instruments Inc. 28.78% 27.84% 28.82% 30.67% 31.14% 32.56% 25.22% 23.75% 23.14% 20.87% 25.90% 25.05% 24.29% 21.88% 20.87% 20.16% 19.39% 18.40%

Based on: 10-Q (filing date: 2020-05-18), 10-Q (filing date: 2020-02-18), 10-Q (filing date: 2019-11-19), 10-K (filing date: 2019-09-05), 10-Q (filing date: 2019-05-21), 10-Q (filing date: 2019-02-19), 10-Q (filing date: 2018-11-20), 10-K (filing date: 2018-09-06), 10-Q (filing date: 2018-05-22), 10-Q (filing date: 2018-02-20), 10-Q (filing date: 2017-11-21), 10-K (filing date: 2017-09-07), 10-Q (filing date: 2017-05-23), 10-Q (filing date: 2017-02-21), 10-Q (filing date: 2016-11-22), 10-K (filing date: 2016-09-08), 10-Q (filing date: 2016-05-24), 10-Q (filing date: 2016-02-18), 10-Q (filing date: 2015-11-19), 10-K (filing date: 2015-09-08), 10-Q (filing date: 2015-05-20), 10-Q (filing date: 2015-02-18), 10-Q (filing date: 2014-11-20), 10-K (filing date: 2014-09-09), 10-Q (filing date: 2014-05-22), 10-Q (filing date: 2014-02-20), 10-Q (filing date: 2013-11-22).

1 Q3 2020 Calculation
ROA = 100 × (Net income (loss)Q3 2020 + Net income (loss)Q2 2020 + Net income (loss)Q1 2020 + Net income (loss)Q4 2019) ÷ Total assets
= 100 × (2,774 + 2,878 + 2,926 + 2,206) ÷ 91,394 = 11.80%

2 Click competitor name to see calculations.

Profitability ratio Description The company
ROA A profitability ratio calculated as net income divided by total assets. Cisco Systems Inc.’s ROA improved from Q1 2020 to Q2 2020 but then deteriorated significantly from Q2 2020 to Q3 2020.