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Cisco Systems, Inc. CSCO Net debt / EBITDA

Net debt / EBITDA at other companies

Ciena logo
CienaCIEN
0.8×-1.2×
Nvidia logo
NvidiaNVDA
-0×0.0×
F5, Inc. logo
F5, Inc.FFIV
-1.3×+0.1×
Fortinet logo
FortinetFTNT
-0.7×-0.2×
Super Micro Computer, Inc. logo
Super Micro Computer, Inc.SMCI
-1.6×-1.8×
Datadog, Inc. logo
Datadog, Inc.DDOG
-1.5×-0.7×

Other financials

Income statement

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Revenue$15.8B+12.0%
Gross profit$10.1B+8.6%
Operating income$4.0B+23.7%
Net income$3.4B+35.4%
EPS (diluted)$0.85+37.1%

Balance sheet

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Cash & equivalents$7.1B-13.2%
Total debt$33.0B+7.3%
Total equity$48.9B+6.4%
Total assets$125.55B+4.8%

Cash flow

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Operating cash flow$3.8B-7.4%
CapEx$414.0M+58.6%
Free cash flow$3.3B-11.9%

Valuation

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Market cap$462.45B+61.4%
Enterprise value$488.37B+57.1%
P/E38.7×+9.4×
P/S7.6×+2.5×

Profitability

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Gross margin64.3%-0.9pp
Operating margin23.4%+3.1pp
Net margin19.7%+2.1pp

Returns & leverage

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Return on equity25.2%+3.9pp
Debt / equity0.7×0.0×
Current ratio0.9×0.0×

Where this comes from

Calculated from Cisco Systems, Inc.’s reported figures.

Based on the most recent quarter.

The official record: Cisco Systems, Inc.’s 10-Q, filed May 19, 2026, on SEC EDGAR. View the filing →

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Questions, answered.

What is Cisco Systems, Inc.'s net debt / EBITDA?
Cisco Systems, Inc. (CSCO) reported net debt / EBITDA of 1.5× in Q1 2026.
How has Cisco Systems, Inc.'s net debt / EBITDA changed year-over-year?
Cisco Systems, Inc.'s net debt / EBITDA decreased by 2.0% year-over-year, from 1.6× to 1.5×.
What is the long-term trend for Cisco Systems, Inc.'s net debt / EBITDA?
Over 4 years (2021 to 2025), Cisco Systems, Inc.'s net debt / EBITDA has grown at a 53.4% compound annual growth rate (CAGR), from 1.2× to 6.6×.
What does net debt / EBITDA mean?
How many years of operating earnings it would take to pay off the company's net debt.
How do you interpret net debt / EBITDA?
Lower is safer; lenders often covenant around 3–4×. A negative value means net cash (more cash than debt), a position of strength. Spikes can reflect a temporary EBITDA dip rather than new borrowing.
How does net debt / EBITDA compare across companies?
A standard leverage yardstick across non-financial sectors; covenant thresholds vary by industry cash-flow stability.