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FCF Margin for Cisco (CSCO)

As of · Reported

Metric

TTM

20.8%

YoY change

+4.48pp

Trough year (1989)

6.9%

Peak year (2023)

33.4%

FCF Margin history chart for Cisco (CSCO) from 1989 to 2025

Latest: 23.5%

FCF Margin change chart for Cisco (CSCO) from 1989 to 2025

Latest: +4.48pp

FCF Margin history table for Cisco (CSCO) from 1989 to 2025

  • 202523.5%+4.48pp
  • 202419.0%-14.42pp
  • 202333.4%+8.67pp
  • 202224.7%-4.90pp
  • 202129.6%-0.10pp
  • 202029.7%+0.98pp
  • 201928.7%+2.74pp
  • 201826.0%-0.88pp
  • 201726.9%+1.67pp
  • 201625.2%+2.19pp
  • 201523.0%-0.42pp
  • 201423.5%-0.69pp
  • 201324.1%+1.64pp
  • 201222.5%+1.90pp
  • 201120.6%-2.28pp
  • 201022.9%-1.73pp
  • 200924.6%-2.75pp
  • 200827.4%+2.02pp
  • 200725.4%+0.33pp
  • 200625.0%-2.70pp
  • 200527.7%-1.80pp
  • 200429.5%+5.56pp
  • 200324.0%+3.10pp
  • 200220.9%+2.39pp
  • 200118.5%-5.89pp
  • 200024.4%-7.35pp
  • 199931.7%+2.56pp
  • 199829.1%+11.89pp
  • 199717.3%-1.78pp
  • 199619.0%+4.70pp
  • 199514.3%-6.41pp
  • 199420.7%-1.15pp
  • 199321.9%-8.70pp
  • 199230.6%+12.75pp
  • 199117.8%+10.11pp
  • 19907.7%+0.88pp
  • 19896.9%—

FCF Margin values are taken from Cisco's reported income statements (quarterly 10-Q and annual 10-K filings with the U.S. Securities and Exchange Commission). Each row shows the period end date and the filing date. YoY compares each figure to the same period one year earlier. Amounts are in USD as filed.

About FCF Margin at Cisco (CSCO)

According to Cisco's latest reported financial statements, the company's latest reported free cash flow margin is 20.8%. Free cash flow margin is free cash flow divided by revenue — the share of each sales dollar that converts into cash after capital expenditures. Because free cash flow cannot be inflated by non-cash accounting, FCF margin is a clean read on how efficiently a business turns revenue into deployable cash.

Headline figure above is from the reporting period ending (reported ). Chart and table below cover the full reported history back to .

The 2025 reading of Cisco (CSCO) free cash flow margin is 23.45% – expanded 4.5 percentage points year-over-year.

The record annual free cash flow margin stands at 33.40%, reached in 2023; the historical low of 6.86% was recorded in 1989.

Cisco FCF Margin by Year

Cisco FCF Margin 2025: 23.5%

Cisco free cash flow margin in 2025 was 23.45%, expanded 4.5 percentage points from 2024.

Cisco FCF Margin 2024: 19.0%

2024's free cash flow margin for Cisco came in at 18.98%, contracted 14.4 percentage points from 2023.

Cisco FCF Margin 2023: 33.4%

Cisco posted free cash flow margin of 33.40% in 2023, expanded 8.7 percentage points from 2022. This figure represents the highest annual value in the available history.

Cisco FCF Margin 2022: 24.7%

In 2022, Cisco reported free cash flow margin of 24.73%, contracted 4.9 percentage points from 2021.

Cisco FCF Margin 2021: 29.6%

Cisco free cash flow margin in 2021 was 29.63%.

See more financial history for Cisco (CSCO).

Sector peers by FCF Margin

Technology peers of Cisco (CSCO), ranked by their latest free cash flow margin

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