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Cisco Systems (XAMS:CIS) Retained Earnings : $2,761 Mil (As of Jan. 2024)


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What is Cisco Systems Retained Earnings?

Retained earnings is the accumulated portion of net income that is not distributed to shareholders. Cisco Systems's retained earnings for the quarter that ended in Jan. 2024 was $2,761 Mil.

Cisco Systems's quarterly retained earnings increased from Jul. 2023 ($1,639 Mil) to Oct. 2023 ($2,689 Mil) and increased from Oct. 2023 ($2,689 Mil) to Jan. 2024 ($2,761 Mil).

Cisco Systems's annual retained earnings declined from Jul. 2021 ($-654 Mil) to Jul. 2022 ($-1,319 Mil) but then increased from Jul. 2022 ($-1,319 Mil) to Jul. 2023 ($1,639 Mil).


Cisco Systems Retained Earnings Historical Data

The historical data trend for Cisco Systems's Retained Earnings can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Cisco Systems Retained Earnings Chart

Cisco Systems Annual Data
Trend Jul14 Jul15 Jul16 Jul17 Jul18 Jul19 Jul20 Jul21 Jul22 Jul23
Retained Earnings
Get a 7-Day Free Trial Premium Member Only Premium Member Only -5,903.00 -2,763.00 -654.00 -1,319.00 1,639.00

Cisco Systems Quarterly Data
Apr19 Jul19 Oct19 Jan20 Apr20 Jul20 Oct20 Jan21 Apr21 Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23 Jan24
Retained Earnings Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only -364.00 262.00 1,639.00 2,689.00 2,761.00

Cisco Systems Retained Earnings Calculation

Retained Earnings is the accumulated portion of net income that is not distributed to shareholders. Because the net income was not distributed to shareholders, shareholders' equity is increased by the same amount.

Of course, if a company loses, it is called retained losses, or accumulated losses.


Cisco Systems  (XAMS:CIS) Retained Earnings Explanation

Historically profitable companies sometimes have negative retained earnings. This is because they have cumulatively paid out more to shareholders than they reported in profits.

For example, in 2011, Microsoft had negative retained earnings. This does not mean the company lost more money than it made over the years. It just means it paid out more money than it earned.

If a company has negative retained earnings, investors should check the 10-year financial results. They should not assume that negative retained earnings prove a company has generally lost money in the past.

Of course, many companies with negative retained earnings have indeed lost money in the past.

Retained Earnings: Warren Buffett's Secret.

One of the most important indicators of durable competitive advantage. Net earnings can be paid out as dividends, used to buy back shares or retained for growth.

If the company loses more than it has accumulated, retained earnings is negative.

If a company isn't adding to its retained earnings, it isn't growing its net worth.

Rate of growth of retained earnings is good indicator whether it's benefiting from a competitive advantage.

Microsoft is negative because it chose to buyback stock and pay dividends.

The more earnings retained, the faster it grows and increases growth rate for future earnings.


Cisco Systems (XAMS:CIS) Business Description

Address
170 West Tasman Drive, San Jose, CA, USA, 95134-1706
Cisco Systems is the largest provider of networking equipment in the world and one of the largest software companies in the world. Its largest businesses are selling networking hardware and software (where it has leading market shares) and cybersecurity software like firewalls. It also has collaboration products, like its Webex suite, and observability tools. It primarily outsources its manufacturing to third parties and has a large sales and marketing staff—25,000 strong across 90 countries. Overall, Cisco employees 80,000 employees and sells its products globally.

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