Cisco Systems
Financial ratios & Valuation

Forward Multiples (2026 – 2027)

20262027
Price/Earnings ratio
24.2016.26
Price/Sales ratio
4.864.63
Earnings per Share (EPS)
$2.76$4.11

Historical Multiples (2015 – 2024)

2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 TTM Median
Valuation Ratios
Price/Earnings ratio
16.1414.3616.431.87K21.4917.5222.0716.0116.9018.7525.3221.49
Price/Sales ratio
2.943.133.284.174.813.984.693.663.743.594.484.48
Price/Book Value ratio
2.422.422.384.767.445.185.664.754.804.255.255.25
Price/Cash Flow ratio
11.5411.3611.3815.0615.7712.7415.1214.3010.7217.7919.5415.77
Price/Free Cash Flow ratio
12.7912.4112.2316.0416.7413.4115.8314.8311.1918.9520.7916.74
Price/Earnings Growth ratio
0.930.68-1.66-18.940.0023.04-4.171.251.91-1.09-2.9423.04
Dividend Yield
2.81%3.07%3.48%2.89%2.39%3.06%2.63%3.28%2.95%3.29%2.66%2.39%
Profitability Indicator Ratios
Gross Profit Margin
60.37%62.86%62.96%62.04%62.93%64.26%64.02%62.54%62.72%64.73%64.91%62.93%
Operating Profit Margin
21.90%25.70%24.94%24.95%27.39%27.62%25.75%27.09%26.37%22.64%20.48%27.62%
Pretax Profit Margin
22.78%26.23%25.59%26.43%28.07%28.33%26.62%28.07%26.87%22.73%18.98%28.33%
Net Profit Margin
18.26%21.80%20.01%0.22%22.38%22.74%21.25%22.91%22.12%19.18%17.73%22.74%
Effective Tax Rate
19.81%16.88%21.79%99.15%20.24%19.72%20.14%18.40%17.65%15.64%6.62%19.72%
Return on Assets
7.91%8.82%7.40%0.10%11.88%11.82%10.86%12.56%12.38%8.29%7.61%11.82%
Return On Equity
15.04%16.88%14.52%0.25%34.61%29.57%25.65%29.69%28.43%22.70%20.55%29.57%
Return on Capital Employed
11.98%13.08%11.71%15.05%21.51%19.59%18.01%20.43%21.30%14.53%13.10%19.59%
Liquidity Ratios
Current Ratio
3.133.163.032.281.501.721.48N/AN/AN/A0.881.72
Quick Ratio
3.163.112.972.211.461.661.431.331.260.820.801.66
Cash ratio
0.290.300.420.330.370.460.340.270.320.180.220.46
Days of Sales Outstanding
73.0274.9976.0477.7174.4477.9074.3374.5258.9567.9952.2277.90
Days of Inventory outstanding
30.4824.2933.1735.9826.2326.5531.7448.5462.6064.8861.7126.23
Operating Cycle
103.5099.28109.22113.69100.68104.46106.08123.06121.55132.87113.94100.68
Days of Payables Outstanding
20.6821.0728.4337.1139.0645.9548.0943.1139.7344.3139.1939.06
Cash Conversion Cycle
82.8278.2180.7976.5861.6158.5157.9879.9581.8288.5574.7461.61
Debt Ratios
Debt Ratio
0.220.230.250.230.250.150.110.100.080.240.250.25
Debt Equity Ratio
0.420.450.500.590.730.380.270.230.180.680.700.70
Long-term Debt to Capitalization
0.260.270.280.310.300.230.170.170.130.300.300.30
Total Debt to Capitalization
0.290.310.330.370.420.270.210.190.150.400.410.41
Interest Coverage Ratio
19.0218.7213.9013.0516.5523.2831.61N/AN/AN/A8.2623.28
Cash Flow to Debt Ratio
0.490.470.410.530.641.051.341.392.360.350.381.05
Company Equity Multiplier
1.901.911.962.512.912.502.362.362.292.732.722.72
Cash Flow Ratios
Operating Cash Flow / Sales Ratio
0.250.270.280.270.300.310.310.250.340.200.220.31
Free Cash Flow / Operating Cash Flow Ratio
0.900.910.930.930.940.950.950.960.950.930.930.95
Cash Flow Coverage Ratio
0.490.470.410.530.641.051.341.392.360.350.381.05
Short Term Coverage Ratio
3.223.261.732.601.555.136.1612.0311.470.950.985.13
Dividend Payout Ratio
45.49%44.23%57.35%5425.45%51.44%53.64%58.19%52.69%49.96%61.86%68.09%51.44%