On Feb. 7, Cisco
- 2006 earnings include stock option expense, and aren't strictly comparable to 2005.
- Pro forma net income of $1.6 billion is a 10% increase year over year.
- Free cash flow for the first half of the year rises 13.2%.
(Figures in millions, except per-share data)
Income Statement Highlights
|
Q2 2006 |
Q2 2005 |
% Change |
|
|---|---|---|---|
|
Sales |
$6,628 |
$6,062 |
+9.3% |
|
Net Profit |
$1,375 |
$1,400 |
-1.8% |
|
EPS |
$0.22 |
$0.21 |
+4.8% |
Get back to basics with a look at the income statement.
Margin Checkup
|
Q2 2006 |
Q2 2005 |
Change |
|
|---|---|---|---|
|
Gross Margin |
67.38% |
66.86% |
+0.52% |
|
Op. Margin |
26.12% |
29.91% |
-3.79% |
|
Net Margin |
20.75% |
23.09% |
-2.35% |
Margins are the earnings engine. See how they work.
Balance Sheet Highlights
|
Assets |
Q2 2006 |
Q2 2005 |
% Change |
|---|---|---|---|
|
Cash+ ST Invest. |
$14,989 |
$16,055 |
-6.6% |
|
Inventory |
$1,345 |
$1,297 |
+3.7% |
|
Accounts Rec. |
$2,537 |
$2,216 |
+14.5% |
|
Liabilities |
Q2 2006 |
Q2 2005 |
% Change |
|---|---|---|---|
|
Long-Term Debt |
$- |
$- |
N/A |
|
Accounts Pay. |
$684 |
$735 |
-6.9% |
Cash Flow Highlights
|
Q2 2006 |
Q2 2005 |
% Change |
|
|---|---|---|---|
|
Cash From Ops |
$3,267 |
$3,248 |
+0.6% |
|
Capital Expend. |
$544 |
$843 |
-35.5% |
|
Free Cash Flow |
$2,723 |
$2,405 |
+13.2% |
Find out why Fools always follow the money.
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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 here. Fool rules are here.
