Cisco Systems Inc (CSCO)
Net profit margin
| Jul 27, 2024 | Jul 29, 2023 | Jul 30, 2022 | Jul 31, 2021 | Jul 25, 2020 | ||
|---|---|---|---|---|---|---|
| Net income | US$ in thousands | 10,320,000 | 12,613,000 | 11,812,000 | 10,591,000 | 11,214,000 |
| Revenue | US$ in thousands | 53,861,000 | 56,682,000 | 51,376,000 | 49,690,000 | 48,991,000 |
| Net profit margin | 19.16% | 22.25% | 22.99% | 21.31% | 22.89% |
July 27, 2024 calculation
Net profit margin = Net income ÷ Revenue
= $10,320,000K ÷ $53,861,000K
= 19.16%
Cisco Systems Inc's net profit margin has shown some variability in recent years. The net profit margin for the most recent fiscal year, ending on July 27, 2024, stands at 19.16%, which represents a decrease compared to the preceding years. This decline follows a general trend of decreasing net profit margins since the peak in July 2022 when it stood at 22.99%. The company's profitability, as indicated by the net profit margin, has fluctuated around the low 20% range in the past few years, indicating that Cisco has been able to effectively manage its expenses relative to its revenue to generate profits. However, the recent dip in net profit margin suggests a potential need for the company to focus on improving cost efficiency or revenue generation strategies to enhance profitability in the future.
Peer comparison
Jul 27, 2024