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Cisco Systems (CSCO) Stock Fundamentals, Analysis & Risk Signals

Health score, price, valuation, risk signals, and key metrics at a glance.

Cisco Systems
NasdaqGS•Technology•Communication Equipment
$109.51-0.73(-0.01%)After hours
Market Cap
$435.34B
P/E
32.8x
P/S
6.9x
P/B
8.7x

Cisco Systems, Inc. designs, develops, and sells technologies to power, help, secure, and draw insights from the internet in the Americas, Europe, the Middle East, Africa, the Asia Pacific, Japan, and China. The company provides data center switching; network security, identity and access management, and secure access service edge; identity and agentic security solutions; interconnects public and private wireline and mobile networks, delivering connectivity to campus, data center, and branch networks; WEBEX suite, collaboration devices, and contact center; communication platform as a service software, including perpetual licenses, subscription arrangements, and hardware solutions; network assurance and observability suite; accelerated issue resolution, software support, and hardware replacement; professional services, such as planning, design, implementation, and high-value consulting; service and support packages, financing, and managed network services; and regional, national, and international wireline carriers, webscale products, internet, and cable. It also provides wireless products, including indoor and outdoor coverage designed for seamless roaming use of voice, video, and data applications; end-to-end collaboration solutions through cloud, on-premise, or within hybrid cloud environments. In addition, it offers technical support services. The company serves businesses, public institutions, governments, and service providers. It sells its products and services directly, through systems integrators, service providers, and other thirdy-party resellers, and distributors. Cisco Systems, Inc. was incorporated in 1984 and is headquartered in San Jose, California.

A

How this company scores

ExcellentMetricSide Score: 85/100

Strongest: Growth (23/25); weakest: Cash & Earnings Quality (18/25).

Profitability22/25
Growth23/25
Balance Sheet & Red Flags22/25
Cash & Earnings Quality18/25
Strengths
Strong marginsHigh ROERising earningsLow leverage

No red flags in the last 8 quarters.

Valuation vs. 5-year range

Today's multiple positioned against its own trailing range — a visual premium/discount check.

P/E · 32.8x5y range 15.4x – 32.8x
P/E 32.8x · above its 20-quarter median

Currently above its 20-quarter median.

P/S · 6.9x5y range 3.5x – 6.9x
P/S 6.9x · above its 20-quarter median

Currently above its 20-quarter median.

P/B · 8.7x5y range 4.2x – 8.7x
P/B 8.7x · above its 20-quarter median

Currently above its 20-quarter median.

Price & Volume
Market Cap $435.34B

Metrics at a Glance

as of July 2026

Revenue & Profit

Revenue, EBITDA, operating income, net income, EPS, and shares

TTM Revenue
$63.33B
7Q
Q. Revenue
$17.25B
7Q
TTM EBITDA
$16.07B
7Q
TTM Op. Income
$15.37B
7Q
Q. Op. Income
$4.26B
4Q
TTM Net Income
$13.27B
6Q
Q. Net Income
$3.86B
6Q
EPS
$0.977
6Q
Shares Out.
$3.95B
7Q
$63.33B in TTM revenue grew 11.8% YoY, reaching $17.25B last quarter. TTM EBITDA of $16.07B and TTM operating income of $15.37B show growth is flowing through to the bottom line. TTM net income of $13.27B means revenue is converting into profit. Across the last 8 quarters, TTM revenue has risen for 7 consecutive quarters — an improving trend.

Margins

Gross, EBITDA, operating, and net margin trends

Gross Margin
64.1%
1%
EBITDA Margin
28.8%
3Q
Op. Margin
24.7%
17%
Net Margin
22.4%
4Q
Op. margin of 24.7% is up 3.7% YoY — cost efficiency is improving. Net margin at 22.4% and gross margin of 64.1% show how much of each revenue dollar survives to profit. Over the past year, operating margin is up 17% — a weakening trend.

Price Ratios

P/E, P/S, P/B, EV/EBITDA, FCF yield, and earnings yield

P/E Ratio
32.8x
2Q
P/S Ratio
6.9x
5Q
P/B Ratio
8.7x
5Q
At 32.8x P/E, the stock trades above typical market levels — the market expects above-average growth. P/S of 6.9x and P/B of 8.7x provide additional context. Use the growth and margin sections to judge whether the multiple is justified. Across the last 8 quarters, P/E has risen for 2 consecutive quarters — a weakening trend.

Assets & Liabilities

Total assets, cash, debt, book value, and leverage

Total Assets
$129.64B
3Q
Cash
$7.22B
14%
Long-Term Debt
$19.37B
15%
Book Value
$50.28B
7Q
D/E Ratio
0.4
5Q
Debt/EBITDA
3.9
3Q
With $129.64B in assets and $19.37B in long-term debt, D/E is 0.4and book value is $50.28B — a conservative capital structure with a cushion to weather downturns. Across the last 8 quarters, debt/equity has fallen for 5 consecutive quarters — an improving trend.

Cash Flow

Operating cash flow, free cash flow, FCF margin, and earnings quality

Op. Cash Flow
$5.39B
2Q
TTM Free Cash Flow
$12.77B
4%
FCF Margin
20.2%
14%
FCF / Net Income
1.0
6Q
TTM FCF of $12.77B on $5.39B in operating cash flow. The FCF / Net Income ratio of 1.0x means free cash flow covers net income — earnings are backed by cash. Over the past year, free cash flow is down 4% — an improving trend.

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