On August 7, computer networking expert Cisco Systems
- For this fine fiscal year, management credits a truly long-term business plan and unmatched balance across various product lines, geographical regions, and customer demographics.
- Management returned 22% year-over-year growth for the 16th quarter in a row.
- Cash flow from operations reached record levels, increasing nearly 28% from the previous year.
- It's no wonder our Motley Fool CAPS community is all agog over Cisco, giving the stock a four-star grade and a 94% approval rating. Competitors Juniper Networks
(NASDAQ:JNPR) and Alcatel-Lucent(NYSE:ALU) don't fare quite as well, as they have just three and two stars, respectively. Join the fray with your opinion and analysis today, on Cisco or any other stock.
(Figures in millions, except per-share data)
Income Statement Highlights
|
FY 2007 |
FY 2006 |
Change |
|
|---|---|---|---|
|
Sales |
$34,922 |
$28,484 |
22.6% |
|
Net Profit |
$7,333 |
$5,580 |
31.4% |
|
EPS |
$1.17 |
$0.89 |
31.5% |
|
Diluted Shares |
6,265 |
6,272 |
(0.1%) |
Get back to basics with the income statement.
Margin Checkup
|
FY 2007 |
FY 2006 |
Change* |
|
|---|---|---|---|
|
Gross Margin |
64.0% |
65.8% |
(1.9) |
|
Operating Margin |
24.7% |
24.6% |
0.1 |
|
Net Margin |
21.0% |
19.6% |
1.4 |
Margins are the earnings engine.
Balance Sheet Highlights
|
Assets |
FY 2007 |
FY 2006 |
Change |
|---|---|---|---|
|
Cash + ST Invest. |
$22,266 |
$17,814 |
25.0% |
|
Accounts Rec. |
$3,989 |
$3,303 |
20.8% |
|
Inventory |
$1,322 |
$1,371 |
(3.6%) |
|
Liabilities |
FY 2007 |
FY 2006 |
Change |
|---|---|---|---|
|
Accounts Payable |
$786 |
$880 |
(10.7%) |
|
Long-Term Debt |
$6,408 |
$6,332 |
1.2% |
The balance sheet reflects the company's health.
Cash Flow Highlights
|
FY 2007 |
FY 2006 |
Change |
|
|---|---|---|---|
|
Cash From Ops. |
$10,104 |
$7,899 |
27.9% |
|
Capital Expenditures |
$1,251 |
$772 |
62.0% |
|
Free Cash Flow |
$8,853 |
$7,127 |
24.2% |
|
$7,495 |
$6,101 |
22.8% |
Free cash flow is a Fool's best friend.
Related Foolishness:
- Foolish Forecast: Cisco Readies the Earnings Router
- Cisco's Enriching Long-Term Plans
- What Makes a Good CEO?
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, Anders Bylund had no position in any company mentioned. Fool rules are here.
