On Aug. 8, Cisco (NASDAQ:CSCO) released full-year fiscal 2005 earnings for the period ended July 30, 2005.
- EPS of $0.87 per share was a 40% increase over last year's. (Read more about the importance of relentless growth.)
- Cisco reports a "pro forma" EPS increase of $0.92 per share. See the release for details and reconciliation to GAAP.
- Inventory grew more slowly than sales, alleviating some of our past concerns. (Read this for more on what inventory can tell you.)
(Figures in millions, except per-share data)
Income Statement Highlights (What's this?)
|
Avg. Est. |
FY 2005 |
FY 2004 |
% Change | |
|---|---|---|---|---|
|
Sales |
$24,780 |
$24,801 |
$22,045 |
+12.5% |
|
Net Profit |
-- |
$5,741 |
$4,401 |
+30.4% |
|
EPS |
$0.91 |
$0.87 |
$0.62 |
+40.3% |
Margin Checkup (What's this?)
|
FY 2005 |
FY 2004 |
Change | |
|---|---|---|---|
|
Gross Margin |
67.22% |
68.61% |
-1.40% |
|
Op. Margin |
29.90% |
28.54% |
+1.36% |
|
Net Margin |
23.15% |
19.96% |
+3.18% |
Balance Sheet Highlights (What's this?)
|
Assets |
FY 2005 |
FY 2004 |
% Change |
|---|---|---|---|
|
Cash + ST Invest. |
$6,969 |
$8,669 |
-19.6% |
|
Inventory |
$1,297 |
$1,207 |
+7.5% |
|
Accounts Rec. |
$2,216 |
$1,825 |
+21.4% |
|
Liabilities |
FY 2005 |
FY 2004 |
% Change |
|---|---|---|---|
|
Long-Term Debt |
$- |
$- |
N/A |
|
Accounts Pay. |
$735 |
$657 |
+11.9% |
Cash Flow Highlights
(What's this?)
Cumulative, for the entire fiscal year.
|
Q4 2005 |
Q4 2004 |
% Change | |
|---|---|---|---|
|
Cash From Ops |
$7,568 |
$6,962 |
+8.7% |
|
Capital Expend.* |
$1,603 |
$717 |
+123.6% |
|
Free Cash Flow |
$5,965 |
$6,245 |
-4.5% |
*Capex figures here include acquisition spending of $911 million in FY 2005 and $104 million in FY 2004.
Related companies:
- Avaya (NYSE:AV)
- Juniper Networks (NASDAQ:JNPR)
- Nortel (NYSE:NT)
- Microsoft (NASDAQ:MSFT)
- IBM (NYSE:IBM)
- Hewlett-Packard (NYSE:HPQ)
Related Foolishness:
- Is Cisco dialing up Nokia?
- Maybe Cisco's getting smarter.
- Inventory has been the story at Cisco for the past year.
Fool by Numbers is designed to give you the raw earnings information in a timely fashion, putting all the numbers you need in one easy-to-read place. But at The Motley Fool, we believe numbers tell only part of the story, so check Fool.com for more of our in-depth discussion of what the numbers mean.
At the time of publication, Seth Jayson had no positions in any company mentioned. Fool rules are here.
