Cisco Systems Inc (CSCO)

Return on assets (ROA)

		Jul 31, 2025	Jul 31, 2024	Jul 27, 2024	Jul 31, 2023	Jul 29, 2023
Net income	US$ in thousands	10,453,000	10,320,000	10,320,000	12,613,000	12,613,000
Total assets	US$ in thousands	122,564,000	124,413,000	124,413,000	101,852,000	101,852,000
ROA		8.53%	8.29%	8.29%	12.38%	12.38%

July 31, 2025 calculation

ROA = Net income ÷ Total assets
= $10,453,000K ÷ $122,564,000K
= 8.53%

The provided data indicates that Cisco Systems Inc.'s return on assets (ROA) experienced notable fluctuations over the analyzed period. As of July 29 and July 31, 2023, the ROA was recorded at 12.38%, reflecting a relatively strong efficiency in generating profit from its asset base during that timeframe. By July 27 and July 31, 2024, the ROA declined significantly to 8.29%, representing a decrease of approximately 32.8% from the previous year’s levels. This reduction suggests a decline in asset utilization efficiency or profitability relative to its asset base during that period. Subsequently, by July 31, 2025, the ROA slightly increased to 8.53%, indicating a modest improvement in asset profitability, though the ratio remains markedly lower than the figures observed in 2023. Overall, the trend depicts a decline in ROA from 2023 through 2024, with a partial rebound in 2025, highlighting variations in operational efficiency or profit margins that could warrant further analysis into underlying business activities and asset management strategies.