Cisco Systems Inc (CSCO)
Return on assets (ROA)
| 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 |
| Total assets | US$ in thousands | 124,413,000 | 101,852,000 | 94,002,000 | 97,497,000 | 94,853,000 |
| ROA | 8.29% | 12.38% | 12.57% | 10.86% | 11.82% |
July 27, 2024 calculation
ROA = Net income ÷ Total assets
= $10,320,000K ÷ $124,413,000K
= 8.29%
Cisco Systems Inc's return on assets (ROA) has varied over the past five years, as indicated in the table. In the most recent fiscal year ending on July 27, 2024, the ROA was 8.29%, which represents a decline compared to the previous years. The ROA was highest in July 29, 2023, at 12.38%, followed closely by July 30, 2022, at 12.57%.
Overall, Cisco's ROA has shown some fluctuations year over year, with a peak in 2022 and slightly lower levels in 2021 and 2020. The ROA measures the company's ability to generate profit from its assets, and a higher ROA indicates better efficiency in asset utilization. It would be beneficial for investors and stakeholders to monitor Cisco's ROA trend over time to assess the company's operational performance and financial health.
Peer comparison
Jul 27, 2024