Cisco Systems Inc (CSCO) — Capital Reinvestment Ratio
Cisco Systems Inc (CSCO) has a Capital Reinvestment Ratio of 0.18x as of January 2026, meaning it reinvests 0% of its operating cash flow ($1.82 Billion) in capital expenditures ($323.00 Million). Check Cisco Systems Inc tangible book value ratio to evaluate the tangible quality of the company's equity base.
Capital Reinvestment Ratio
Operating Cash Flow
Capital Expenditures
Data as of
Cisco Systems Inc Capital Reinvestment Ratio (1989–2025)
This chart tracks Cisco Systems Inc's Capital Reinvestment Ratio across 37 annual periods. For the full cash flow conversion analysis, see CSCO cash flow metrics.
Annual Capital Reinvestment Ratio for Cisco Systems Inc (1989–2025)
Year-by-year Capital Reinvestment Ratio for Cisco Systems Inc from 1989 to 2025. See cash generation quality of Cisco Systems Inc to measure how efficiently the company converts operating cash flow to free cash.
| Year | Reinvestment Ratio | Operating CF (USD) | Capital Expenditures | YoY Change |
|---|---|---|---|---|
| 2025 | 0.06x | $14.19 Billion | $905.00 Million | ▲ +3.5% |
| 2024 | 0.06x | $10.88 Billion | $670.00 Million | ▲ +44.2% |
| 2023 | 0.04x | $19.89 Billion | $849.00 Million | ▲ +18.4% |
| 2022 | 0.04x | $13.23 Billion | $477.00 Million | ▼ -19.5% |
| 2021 | 0.04x | $15.45 Billion | $692.00 Million | ▼ -10.3% |
| 2020 | 0.05x | $15.43 Billion | $770.00 Million | ▼ -13.1% |
| 2019 | 0.06x | $15.83 Billion | $909.00 Million | ▼ -5.9% |
| 2018 | 0.06x | $13.67 Billion | $834.00 Million | ▼ -12.2% |
| 2017 | 0.07x | $13.88 Billion | $964.00 Million | ▼ -17.7% |
| 2016 | 0.08x | $13.57 Billion | $1.15 Billion | ▼ -13.6% |
| 2015 | 0.10x | $12.55 Billion | $1.23 Billion | ▼ -5.5% |
| 2014 | 0.10x | $12.33 Billion | $1.27 Billion | ▲ +14.9% |
| 2013 | 0.09x | $12.89 Billion | $1.16 Billion | ▼ -8.2% |
| 2012 | 0.10x | $11.49 Billion | $1.13 Billion | ▼ -15.9% |
| 2011 | 0.12x | $10.08 Billion | $1.17 Billion | ▲ +17.6% |
| 2010 | 0.10x | $10.17 Billion | $1.01 Billion | ▼ -2.4% |
| 2009 | 0.10x | $9.90 Billion | $1.00 Billion | ▼ -3.2% |
| 2008 | 0.10x | $12.09 Billion | $1.27 Billion | ▼ -15.3% |
| 2007 | 0.12x | $10.10 Billion | $1.25 Billion | ▲ +26.7% |
| 2006 | 0.10x | $7.90 Billion | $772.00 Million | ▲ +6.9% |
| 2005 | 0.09x | $7.57 Billion | $692.00 Million | ▲ +6.2% |
| 2004 | 0.09x | $7.12 Billion | $613.00 Million | ▼ -37.1% |
| 2003 | 0.14x | $5.24 Billion | $717.00 Million | ▼ -65.9% |
| 2002 | 0.40x | $6.59 Billion | $2.64 Billion | ▲ +12.7% |
| 2001 | 0.36x | $6.39 Billion | $2.27 Billion | ▲ +42.9% |
| 2000 | 0.25x | $6.14 Billion | $1.53 Billion | ▲ +89.3% |
| 1999 | 0.13x | $4.44 Billion | $584.00 Million | ▼ -8.6% |
| 1998 | 0.14x | $2.88 Billion | $414.84 Million | ▼ -37.1% |
| 1997 | 0.23x | $1.44 Billion | $330.30 Million | ▼ -13.9% |
| 1996 | 0.27x | $1.06 Billion | $282.84 Million | ▼ -5.9% |
| 1995 | 0.28x | $395.75 Million | $111.92 Million | ▲ +50.7% |
| 1994 | 0.19x | $317.50 Million | $59.60 Million | ▼ -2.5% |
| 1993 | 0.19x | $176.00 Million | $33.90 Million | ▲ +11.9% |
| 1992 | 0.17x | $125.50 Million | $21.60 Million | ▼ -33.0% |
| 1991 | 0.26x | $44.00 Million | $11.30 Million | ▼ -40.5% |
| 1990 | 0.43x | $9.50 Million | $4.10 Million | ▲ +216.5% |
| 1989 | 0.14x | $2.20 Million | $300.00K | — |