Cisco Systems Inc (CSCO)

Operating return on assets (Operating ROA)

		Jul 27, 2024	Apr 27, 2024	Jan 27, 2024	Oct 28, 2023	Jul 29, 2023	Apr 29, 2023	Jan 28, 2023	Oct 29, 2022	Jul 30, 2022	Apr 30, 2022	Jan 29, 2022	Oct 30, 2021	Jul 31, 2021	May 1, 2021	Jan 23, 2021	Oct 24, 2020	Jul 25, 2020	Apr 25, 2020	Jan 25, 2020	Oct 26, 2019
Operating income (ttm)	US$ in thousands	12,181,000	13,816,000	15,571,000	15,767,000	15,031,000	14,212,000	13,876,000	14,071,000	13,969,000	14,110,000	13,965,000	13,701,000	12,833,000	12,505,000	12,454,000	12,611,000	13,620,000	14,063,000	14,162,000	13,993,000
Total assets	US$ in thousands	124,413,000	122,998,000	101,174,000	98,782,000	101,852,000	97,529,000	95,840,000	93,054,000	94,002,000	92,797,000	94,262,000	95,981,000	97,497,000	93,896,000	95,601,000	95,003,000	94,853,000	91,394,000	90,426,000	92,492,000
Operating ROA		9.79%	11.23%	15.39%	15.96%	14.76%	14.57%	14.48%	15.12%	14.86%	15.21%	14.82%	14.27%	13.16%	13.32%	13.03%	13.27%	14.36%	15.39%	15.66%	15.13%

July 27, 2024 calculation

Operating ROA = Operating income (ttm) ÷ Total assets
= $12,181,000K ÷ $124,413,000K
= 9.79%

Cisco Systems Inc's operating return on assets (operating ROA) has shown fluctuations over the provided period but has generally remained at healthy levels. The operating ROA ranged from a low of 9.79% in July 2024 to a high of 15.96% in October 2023.

The company's ability to generate operating income relative to its assets has been relatively strong, with most values hovering around the mid-teens percentage range. This indicates that Cisco has been efficient in utilizing its assets to generate operating profits.

Overall, the operating ROA trend suggests that Cisco has been effectively managing its operational performance and asset utilization to generate satisfactory returns for its shareholders. However, further analysis and comparison with industry benchmarks would provide a more comprehensive understanding of Cisco's operating efficiency and profitability.