Cisco Systems, Inc. (CSCO): ev to ebit, 10 filed years

EV/EBIT at Cisco Systems, Inc. was 31.18x in FY2026, the newest filed year. Across the 7 computed years from FY2020 it ranged from 13.86x (FY2022) to 31.18x (FY2026), with a median of 18.00x.

Tonight's figure on the company page: 30.06x, at the close of 2026-10-15, recomputed 2026-10-15. The table is each filed year on its own terms, with the formula below; the current figure may use trailing twelve months or, where the explainer says so, a different denominator.

Year by year

Cisco Systems, Inc.: EV/EBIT for each filed fiscal year, with the filing behind each.
Fiscal year	EV/EBIT	Close used	Read from
FY2017 The filed borrowings do not add up to a total we can stand behind: the filer's own liability subtotals leave room for debt we did not read.	n/a	31.52 on 2017-07-28	10-K, filed 2017-09-07
FY2018 The filed borrowings do not add up to a total we can stand behind: the filer's own liability subtotals leave room for debt we did not read.	n/a	42.57 on 2018-07-27	10-K, filed 2018-09-06
FY2019 The filed borrowings do not add up to a total we can stand behind: the filer's own liability subtotals leave room for debt we did not read.	n/a	56.53 on 2019-07-26	10-K, filed 2019-09-05
FY2020	14.77x	46.40 on 2020-07-24	10-K, filed 2020-09-03
FY2021	18.55x	55.37 on 2021-07-30	10-K, filed 2021-09-09
FY2022	13.86x	45.37 on 2022-07-29	10-K, filed 2022-09-08
FY2023	14.18x	52.09 on 2023-07-28	10-K, filed 2023-09-07
FY2024	18.00x	47.88 on 2024-07-26	10-K, filed 2024-09-05
FY2025	25.16x	68.69 on 2025-07-25	10-K, filed 2025-09-03
FY2026	31.18x	114.17 on 2026-07-24	10-K, filed 2026-09-02

How each year is computed

(Close at fiscal year end x diluted shares + total debt - cash) / operating income

P/E, free cash flow yield and EV to EBIT set each filed year against the close on or within a week before that fiscal year's end. The price archive here is about five years deep, so older years of those three read n/a. Per-share figures and share counts are put on today's share count after a confirmed split, the basis the price archive is kept on.

Read further

A computation on accounts filed with the SEC, not a recommendation and not advice. Past filings do not indicate future results. Risk disclaimer.

Margin Notes

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