Cisco Systems annual debt-to-equity ratio
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2026
Cisco Systems Debt-to-Equity Ratio Growth & History (CSCO)
Cisco Systems's debt-to-equity ratio was 0.62 for fiscal 2026.
View full Cisco Systems company overviewCisco Systems annual debt-to-equity ratio history
| Fiscal year | Period ended | Debt-to-equity ratio | Change | Growth |
|---|---|---|---|---|
| 2026 | 2026-07-25 | 0.62 | −0.01 | −2.00% |
| 2025 | 2025-07-26 | 0.63 | −0.08 | −10.75% |
| 2024 | 2024-07-27 | 0.71 | 0.50 | +234.17% |
| 2023 | 2023-07-29 | 0.21 | −0.05 | −20.09% |
| 2022 | 2022-07-30 | 0.27 | −0.04 | −13.66% |
| 2021 | 2021-07-31 | 0.31 | −0.10 | −25.17% |
| 2020 | 2020-07-25 | 0.41 | −0.32 | −44.06% |
| 2019 | 2019-07-27 | 0.73 | 0.14 | +24.15% |
| 2018 | 2018-07-28 | 0.59 | 0.08 | +16.09% |
| 2017 | 2017-07-29 | 0.51 | 0.06 | +13.17% |
| 2016 | 2016-07-30 | 0.45 | 0.03 | +6.06% |
| 2015 | 2015-07-25 | 0.42 | 0.06 | +15.43% |
| 2014 | 2014-07-26 | 0.37 | 0.09 | +34.18% |
| 2013 | 2013-07-27 | 0.27 | −0.04 | −13.87% |
| 2012 | 2012-07-28 | 0.32 | −0.04 | −10.62% |
| 2011 | 2011-07-30 | 0.36 | 0.01 | +3.17% |
| 2010 | 2010-07-31 | 0.35 | 0.08 | +29.61% |
| 2009 | 2009-07-25 | 0.27 | — | — |
Cisco Systems quarterly debt-to-equity ratio
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| Fiscal quarter | Period ended | Debt-to-equity ratio | Change | YoY change |
|---|---|---|---|---|
| Q4 2026 | 2026-07-25 | 0.62 | −0.01 | −2.00% |
| Q3 2026 | 2026-04-25 | 0.68 | 0.01 | +0.92% |
| Q2 2026 | 2026-01-24 | 0.67 | −0.05 | −6.58% |
| Q1 2026 | 2025-10-25 | 0.63 | −0.10 | −13.98% |
| Q4 2025 | 2025-07-26 | 0.63 | −0.08 | −10.75% |
| Q3 2025 | 2025-04-26 | 0.67 | −0.06 | −7.73% |
| Q2 2025 | 2025-01-25 | 0.71 | 0.44 | +160.55% |
| Q1 2025 | 2024-10-26 | 0.74 | 0.54 | +282.29% |
| Q4 2024 | 2024-07-27 | 0.71 | 0.50 | +234.17% |
| Q3 2024 | 2024-04-27 | 0.73 | 0.50 | +224.40% |
| Q2 2024 | 2024-01-27 | 0.27 | 0.03 | +14.30% |
| Q1 2024 | 2023-10-28 | 0.19 | −0.05 | −21.41% |
| Q4 2023 | 2023-07-29 | 0.21 | −0.05 | −20.09% |
| Q3 2023 | 2023-04-29 | 0.22 | −0.04 | −13.89% |
| Q2 2023 | 2023-01-28 | 0.24 | −0.08 | −25.12% |
| Q1 2023 | 2022-10-29 | 0.24 | −0.01 | −2.26% |
| Q4 2022 | 2022-07-30 | 0.27 | −0.04 | −13.66% |
| Q3 2022 | 2022-04-30 | 0.26 | −0.05 | −16.73% |
| Q2 2022 | 2022-01-29 | 0.32 | −0.08 | −19.98% |
| Q1 2022 | 2021-10-30 | 0.25 | −0.16 | −38.74% |
| Q4 2021 | 2021-07-31 | 0.31 | −0.10 | −25.17% |
| Q3 2021 | 2021-05-01 | 0.31 | −0.17 | −34.81% |
| Q2 2021 | 2021-01-23 | 0.40 | −0.08 | −16.96% |
| Q1 2021 | 2020-10-24 | 0.41 | −0.16 | −28.39% |
| Q4 2020 | 2020-07-25 | 0.41 | −0.32 | −44.06% |
| Q3 2020 | 2020-04-25 | 0.48 | −0.17 | −25.71% |
| Q2 2020 | 2020-01-25 | 0.48 | −0.15 | −23.54% |
| Q1 2020 | 2019-10-26 | 0.57 | −0.01 | −2.12% |
| Q4 2019 | 2019-07-27 | 0.73 | 0.14 | +24.15% |
| Q3 2019 | 2019-04-27 | 0.64 | 0.04 | +7.03% |
| Q2 2019 | 2019-01-26 | 0.63 | −0.13 | −17.03% |
| Q1 2019 | 2018-10-27 | 0.58 | 0.03 | +6.38% |
| Q4 2018 | 2018-07-28 | 0.59 | 0.08 | +16.09% |
| Q3 2018 | 2018-04-28 | 0.60 | 0.10 | +21.14% |
| Q2 2018 | 2018-01-27 | 0.76 | 0.21 | +38.38% |
| Q1 2018 | 2017-10-28 | 0.55 | −0.00 | −0.12% |
| Q4 2017 | 2017-07-29 | 0.51 | 0.06 | +13.17% |
| Q3 2017 | 2017-04-29 | 0.50 | 0.04 | +8.30% |
| Q2 2017 | 2017-01-28 | 0.55 | 0.14 | +35.42% |
| Q1 2017 | 2016-10-29 | 0.55 | 0.14 | +33.66% |
| Q4 2016 | 2016-07-30 | 0.45 | 0.03 | +6.06% |
| Q3 2016 | 2016-04-30 | 0.46 | 0.10 | +28.42% |
| Q2 2016 | 2016-01-23 | 0.40 | 0.05 | +13.66% |
| Q1 2016 | 2015-10-24 | 0.41 | 0.04 | +11.00% |
| Q4 2015 | 2015-07-25 | 0.42 | 0.06 | +15.43% |
| Q3 2015 | 2015-04-25 | 0.36 | −0.02 | −4.65% |
| Q2 2015 | 2015-01-24 | 0.36 | — | — |
| Q1 2015 | 2014-10-25 | 0.37 | 0.09 | +34.24% |
| Q4 2014 | 2014-07-26 | 0.37 | 0.09 | +34.18% |
| Q3 2014 | 2014-04-26 | 0.37 | 0.09 | +30.89% |
| Q1 2014 | 2013-10-26 | 0.28 | — | — |
| Q4 2013 | 2013-07-27 | 0.27 | −0.04 | −13.87% |
| Q3 2013 | 2013-04-27 | 0.29 | −0.03 | −10.23% |
| Q2 2013 | 2013-01-26 | 0.29 | — | — |
| Q4 2012 | 2012-07-28 | 0.32 | −0.04 | −10.62% |
| Q3 2012 | 2012-04-28 | 0.32 | −0.04 | −10.25% |
| Q1 2012 | 2011-10-29 | 0.36 | 0.02 | +4.43% |
| Q4 2011 | 2011-07-30 | 0.36 | 0.01 | +3.17% |
| Q3 2011 | 2011-04-30 | 0.36 | 0.01 | +2.09% |
| Q2 2011 | 2011-01-29 | 0.60 | 0.23 | +63.98% |
| Q1 2011 | 2010-10-30 | 0.34 | 0.09 | +33.16% |
| Q4 2010 | 2010-07-31 | 0.35 | 0.08 | +29.61% |
| Q3 2010 | 2010-05-01 | 0.35 | — | — |
| Q2 2010 | 2010-01-23 | 0.37 | — | — |
| Q1 2010 | 2009-10-24 | 0.26 | — | — |
| Q4 2009 | 2009-07-25 | 0.27 | — | — |
Cisco Systems debt-to-equity ratio trends
Over the last five fiscal years, Cisco Systems's debt-to-equity ratio increased from 0.31 to 0.62, a change of 0.31. The latest reported quarter, Q4 2026, shows 0.62.
About the metric
What the debt-to-equity ratio means
The debt-to-equity ratio compares interest-bearing debt with shareholders’ equity. It helps show how much debt financing a company uses relative to its accounting equity, but useful comparison levels vary by industry.
Calculation and source
How debt-to-equity is calculated
TickerStat calculates debt-to-equity as total interest-bearing debt divided by SEC-reported shareholders’ equity for the same balance-sheet date. Total liabilities are not treated as debt, and periods with non-positive equity are omitted. Fiscal periods can differ from calendar years, so exact period-end dates are included.
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