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Cisco Systems, Inc. reports $10.3 billion annual profit for 2024

Cisco Systems, Inc. reports $10.3 billion annual profit for 2024

Company generates $53.8 billion in revenue

By USinMinutes
Published - Sep 05, 2024, 04:51 PM ET
Last Updated - Sep 27, 2024, 02:08 AM EDT

Cisco Systems, Inc. [CSCO] has reported $10.3 billion in profit for 2024, an decrease of $2.3 billion from the previous year, according to a filing at the SEC.

The San Jose, California-based company operating in the Manufacturing field recorded revenue of $53.8 billion , an decrease of -5.605459840696165, or $3.2 billion, from the previous year.

Cisco Systems reported $53.8 billion in annual revenue.The diluted earnings per share fell by -17.263843648208464 percent to $2.5 when compared to the EPS of $3.1 the previous year.The company reported 84,900 employees generating 640511904.7619047 revenue per employee for 2024.

Dollars in millions
Jul 27, 2024    Apr 27, 2024    Jan 27, 2024    Oct 28, 2023   

Income Statement

Revenue $53,803.0  $12,702.0  $12,791.0  $14,668.0 
Operating Profit $12,181.0  $2,191.0  $3,096.0  $4,276.0 
Net Income $10,320.0  $1,886.0  $2,634.0  $3,638.0 
Net Cash -$2,785.0  -$1,188.0  $3,591.0  -$522.0 
Gross Margin $34,828.0  $8,273.0  $8,217.0  $9,557.0 
Operating Margin $0.0  $0.0  $0.0  $0.0 
Profit as % of Revenues337.48 438.65 64.24 65.16 
Profit as % of Assets11.58 2.78 2.59 3.63 
Profit as % of Stockholder Equity22.70 4.12 5.70 8.05 
Return on Equity22.70 4.12 5.70 8.05 
Return on Assets8.29 1.53 2.60 3.68 
Turnover Ratio60.38 18.72 0.13 0.15 
EBITA$12,879.0 $2,488.0 $0.0 $0.0 

Balance Sheet

Total Assets $124,413.0  $122,998.0  $101,174.0  $98,782.0 
Total Liabilities $78,956.0  $77,230.0  $54,923.0  $53,572.0 

Cash Flow Statement

Operating Cash Flow $10,880.0  $7,150.0  $3,179.0  $2,371.0 
Investing Cash Flow -$20,478.0  -$19,650.0  $3,165.0  $952.0 
Financing Cash Flow $6,844.0  $11,351.0  -$2,721.0  -$3,800.0 
 
Disclaimer:USinMinutes is an offering of 10kInfo, Inc., bringing you news on the latest regulatory filings. Although care is taken to ensure accuracy, the article does not intend to replace user diligence in decisions of financial or legal implications.
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