Cisco Systems Inc (CSCO)

Net profit margin

		Jul 31, 2024	Jul 27, 2024	Jul 31, 2023	Jul 29, 2023	Jul 31, 2022
Net income	US$ in thousands	10,320,000	10,320,000	12,613,000	12,613,000	11,812,000
Revenue	US$ in thousands	53,803,000	53,861,000	56,998,000	56,682,000	51,557,000
Net profit margin		19.18%	19.16%	22.13%	22.25%	22.91%

July 31, 2024 calculation

Net profit margin = Net income ÷ Revenue
= $10,320,000K ÷ $53,803,000K
= 19.18%

Based on the provided data, Cisco Systems Inc's net profit margin has shown a steady trend over the past few years. The net profit margin was recorded at 22.91% as of July 31, 2022, indicating that the company earned $0.23 in profit for every dollar of revenue generated.

Subsequently, the net profit margin slightly decreased to 22.25% by July 29, 2023, and further declined to 22.13% by July 31, 2023. These consecutive decreases may indicate potential challenges in controlling costs or managing revenue growth during these periods.

However, there was a more noticeable drop in the net profit margin to 19.16% by July 27, 2024. This decline could be attributed to various factors such as increased operating expenses, lower revenue, or changes in the company's pricing strategy.

Despite the drop, the net profit margin remained relatively stable at 19.18% by July 31, 2024, indicating that Cisco Systems Inc was able to maintain profitability levels within a certain range. Analyzing the net profit margin trends can provide insights into the company's efficiency in managing its costs and generating profits relative to its revenue.