Cisco Systems (FRA:CIS) EBIT: €13,292 Mil (TTM As of Apr. 2026)


FRA:CIS Cisco Systems Inc FRA:CIS
81 GF Score
Price €106.96
GF Value €57.23
Valuation Significantly Overvalued
! 9 Warning Signs
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What is Cisco Systems EBIT?

Cisco Systems FRA:CIS +1.73% 81 EBIT is €13,292 Mil as of Apr. 2026. GuruFocus rates FRA:CIS with a GF Score™ of 81/100 and a GF Value™ of €57.23 (Significantly Overvalued). The stock has 9 warning signs investors should review.

Cisco Systems's earnings before interest and taxes (EBIT) for the three months ended in Apr. 2026 was €3,776 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Apr. 2026 was €13,292 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Cisco Systems's annualized ROC % for the quarter that ended in Apr. 2026 was 10.71%. Cisco Systems's annualized ROC (Joel Greenblatt) % for the quarter that ended in Apr. 2026 was 718.49%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. Cisco Systems's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Apr. 2026 was 3.09%.


Cisco Systems  (FRA:CIS) EBIT Explanation

1. EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition.

Cisco Systems's annualized ROC % for the quarter that ended in Apr. 2026 is calculated as:

ROC % (Q: Apr. 2026 )
=NOPAT/Average Invested Capital
=Operating Income * ( 1 - Tax Rate % )/( (Invested Capital (Q: Jan. 2026 ) + Invested Capital (Q: Apr. 2026 ))/ count )
=13539.78 * ( 1 - 16.49% )/( (103880.719 + 107204.175)/ 2 )
=11307.070278/105542.447
=10.71 %

where

Invested Capital(Q: Jan. 2026 )
=Total Assets - Accounts Payable & Accrued Expense - Excess Cash
=Total Assets - Accounts Payable & Accrued Expense - ( Cash, Cash Equivalents, Marketable Securities - max(0, Total Current Liabilities - Total Current Assets+Cash, Cash Equivalents, Marketable Securities))
=104988.721 - 2516.407 - ( 13426.227 - max(0, 31304.886 - 29896.481+13426.227))
=103880.719

Invested Capital(Q: Apr. 2026 )
=Total Assets - Accounts Payable & Accrued Expense - Excess Cash
=Total Assets - Accounts Payable & Accrued Expense - ( Cash, Cash Equivalents, Marketable Securities - max(0, Total Current Liabilities - Total Current Assets+Cash, Cash Equivalents, Marketable Securities))
=107341.83 - 2687.265 - ( 14227.2 - max(0, 33807.555 - 31257.945+14227.2))
=107204.175

Note: The Operating Income data used here is four times the quarterly (Apr. 2026) data.

2. Joel Greenblatt's definition of Return on Capital:

Cisco Systems's annualized ROC (Joel Greenblatt) % for the quarter that ended in Apr. 2026 is calculated as:

ROC (Joel Greenblatt) %(Q: Apr. 2026 )
=EBIT/Average of (Net fixed Assets + Net Working Capital)
=EBIT/Average of (Property, Plant and Equipment+Net Working Capital)
     Q: Jan. 2026  Q: Apr. 2026
=EBIT/( ( (Property, Plant and Equipment + Net Working Capital) + (Property, Plant and Equipment + Net Working Capital) )/ count )
=15102.72/( ( (2000.701 + max(-9920.107, 0)) + (2203.335 + max(-9085.23, 0)) )/ 2 )
=15102.72/( ( 2000.701 + 2203.335 )/ 2 )
=15102.72/2102.018
=718.49 %

where Working Capital is:

Working Capital(Q: Jan. 2026 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(5621.706 + 3335.92 + 5007.284) - (2516.407 + 13785.349 + 7583.261)
=-9920.107

Working Capital(Q: Apr. 2026 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(5540.4 + 4025.34 + 4954.725) - (2687.265 + 14061.33 + 6857.1)
=-9085.23

When net working capital is negative, 0 is used.

Note: The EBIT data used here is four times the quarterly (Apr. 2026) EBIT data.

3. It is also linked to Joel Greenblatt's definition of Earnings Yield:

Cisco Systems's Earnings Yield (Joel Greenblatt) % for today is calculated as:

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Apr. 2026 )
=13292.334/430725.088
=3.09 %

* 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.


Cisco Systems EBIT Related Terms


Cisco Systems EBIT Historical Data

* Premium members only.

The historical data trend for Cisco Systems's EBIT 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.

Cisco Systems EBIT Chart

Cisco Systems Annual Data
Trend Jul16 Jul17 Jul18 Jul19 Jul20 Jul21 Jul22 Jul23 Jul24 Jul25
EBIT
Get a 7-Day Free Trial Premium Member Only Premium Member Only 11,586.82 14,584.77 14,233.48 12,207.28 10,877.90

Cisco Systems Quarterly Data
Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23 Jan24 Apr24 Jul24 Oct24 Jan25 Apr25 Jul25 Oct25 Jan26 Apr26
EBIT 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 2,981.50 2,885.52 3,213.52 3,417.62 3,775.68

FRA:CIS vs CIEN, MSI, LITE: EBIT Comparison

For the Communication Equipment subindustry, Cisco Systems's EV-to-EBIT, along with its competitors' market caps and EV-to-EBIT data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Cisco Systems EV-to-EBIT vs Hardware Industry

For the Hardware industry and Technology sector, Cisco Systems's EV-to-EBIT distribution charts can be found below:

* The bar in red indicates where Cisco Systems's EV-to-EBIT falls into.


FRA:CIS
81GF Score
Cisco Systems Inc FRA:CIS
EBIT is just one metric. See GF Score™, valuation, warning signs, and more.
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Cisco Systems EBIT Calculation

EBIT, sometimes also called Earnings Before Interest and Taxes, is a measure of a firm's profit that includes all expenses except interest and income tax expenses. It is the difference between operating revenues and operating expenses. When a firm does not have non-operating income, then Operating Income is sometimes used as a synonym for EBIT and operating profit.

EBIT for the trailing twelve months (TTM) ended in Apr. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was €13,292 Mil.

* 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.

Frequently Asked Questions Learn more about EBIT →
What does a EBIT of €13,292 Mil mean?
Cisco Systems (FRA:CIS) has a EBIT of €13,292 Mil as of Apr. 2026. Earnings before interest and taxes is the difference between operating revenue and operating expenses. View historical data on Cisco Systems.
Is Cisco Systems' EBIT too high?
Cisco Systems' current EBIT is €13,292 Mil. Overall, Cisco Systems has a GF Score™ of 81/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Cisco Systems' EBIT compare to CIEN and MSI?
Cisco Systems' EBIT of €13,292 Mil can be compared against companies in the Hardware industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good EBIT for a Hardware company?
A good EBIT depends on the Hardware industry context. However, EBIT should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high EBIT mean?
A high EBIT can signal that a stock is expensive relative to its fundamentals. Earnings before interest and taxes is the difference between operating revenue and operating expenses. View historical data on Cisco Systems. Cisco Systems's current EBIT is €13,292 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Cisco Systems stock overvalued right now?
Based on GuruFocus' analysis, Cisco Systems (FRA:CIS) is currently considered Significantly Overvalued. The stock's GF Value™ is €57.23, compared to a current price of €106.96 — trading 86.9% above its estimated fair value. The current EBIT is €13,292 Mil. Cisco Systems' overall GF Score™ is 81/100 with 9 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is EBIT calculated?
EBIT is calculated from a company's financial statements. For Cisco Systems (FRA:CIS), the current EBIT is €13,292 Mil as of Apr. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is Cisco Systems (FRA:CIS) Overvalued in 2026?

Based on GuruFocus' analysis, Cisco Systems stock appears to be overvalued. The current stock price of €106.96 is trading 86.9% above its estimated GF Value™ of €57.23. GuruFocus considers Cisco Systems to be Significantly Overvalued.

Key valuation signals for FRA:CIS:

  • EBIT: €13,292 Mil
  • GF Value™: €57.23 vs. price of €106.96 (86.9% above fair value)
  • GF Score™: 81/100 with 9 warning signs

No single metric tells the full story. See the FRA:CIS stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Cisco Systems 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 such as 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 employs 80,000 people and sells its products globally.
81GF Score

Get the complete analysis for FRA:CIS

EBIT is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

€106.96
Price
€57.23
GF Value