Cisco Systems Inc (CSCO)
Pretax margin
| Jul 31, 2024 | Jul 27, 2024 | Jul 31, 2023 | Jul 29, 2023 | Jul 31, 2022 | ||
|---|---|---|---|---|---|---|
| Earnings before tax but after interest (EBT) | US$ in thousands | 12,234,000 | 12,234,000 | 15,318,000 | 15,318,000 | 14,477,000 |
| Revenue | US$ in thousands | 53,803,000 | 53,861,000 | 56,998,000 | 56,682,000 | 51,557,000 |
| Pretax margin | 22.74% | 22.71% | 26.87% | 27.02% | 28.08% |
July 31, 2024 calculation
Pretax margin = EBT ÷ Revenue
= $12,234,000K ÷ $53,803,000K
= 22.74%
Based on the provided data, the pretax margin of Cisco Systems Inc has shown a slight decline over the specified period, decreasing from 28.08% as of July 31, 2022, to 22.74% as of July 31, 2024. This downward trend indicates that the company's profitability before accounting for taxes has weakened over these years. It is essential for Cisco Systems Inc to closely monitor and manage its cost structure, revenue generation, and overall operational efficiency to address this decline in pretax margin and work towards sustaining or improving its profitability levels in the future.
Peer comparison
Jul 31, 2024
Company name
Symbol
Pretax margin
Cisco Systems Inc
CSCO
22.74%
A10 Network
ATEN
22.20%
Arista Networks
ANET
46.62%
Digi International Inc
DGII
5.39%
Extreme Networks Inc
EXTR
-6.93%
F5 Networks Inc
FFIV
24.64%
Juniper Networks Inc
JNPR
5.87%