Cisco Systems Inc (CSCO)
Pretax margin
| Jul 27, 2024 | Jul 29, 2023 | Jul 30, 2022 | Jul 31, 2021 | Jul 25, 2020 | ||
|---|---|---|---|---|---|---|
| Earnings before tax but after interest (EBT) | US$ in thousands | 12,234,000 | 15,318,000 | 14,477,000 | 13,262,000 | 13,970,000 |
| Revenue | US$ in thousands | 53,861,000 | 56,682,000 | 51,376,000 | 49,690,000 | 48,991,000 |
| Pretax margin | 22.71% | 27.02% | 28.18% | 26.69% | 28.52% |
July 27, 2024 calculation
Pretax margin = EBT ÷ Revenue
= $12,234,000K ÷ $53,861,000K
= 22.71%
The pretax margin of Cisco Systems Inc has shown a decreasing trend over the past five years. In the latest fiscal year, as of July 27, 2024, the pretax margin decreased to 22.71% from 27.02% in the previous year. This decline raises concerns about the company's ability to manage its pre-tax profitability efficiently. However, it is important to note that despite the decrease, the pretax margin remains above 20%, indicating that Cisco continues to generate a reasonable level of pre-tax profit relative to its revenue. Further analysis and monitoring of the trend in pretax margin will be essential to assess the company's overall financial performance and efficiency in the coming periods.
Peer comparison
Jul 27, 2024