Cisco Systems Inc (CSCO) — Cash Flow Reinvestment Rate

Latest as of January 2026: 0.73x

Cisco Systems Inc (CSCO) has a Cash Flow Reinvestment Rate of 0.73x as of January 2026, reinvesting $1.32 Billion (capex $323.00 Million plus investments $-998.00 Million) from operating cash flow of $1.82 Billion. See CSCO free cash flow generation to measure how efficiently the company converts operating cash flow to free cash.

Reinvestment Rate

0.73x
(Capex + Investments) / Operating CF

Total Reinvested

$1.32 Billion
Capex + Investments

Operating Cash Flow

$1.82 Billion
USD

Capital Expenditures

$323.00 Million
USD

Cisco Systems Inc Cash Flow Reinvestment Rate (1989–2025)

Historical reinvestment intensity for Cisco Systems Inc across 37 annual periods. For the full cash flow conversion analysis, see Cisco Systems Inc cash conversion from operations.

Annual Cash Flow Reinvestment Rate for Cisco Systems Inc (1989–2025)

Year-by-year capital reinvestment analysis for Cisco Systems Inc. See how financially flexible is Cisco Systems Inc to measure the company's free cash flow as a share of total liabilities.

Year Reinvestment Rate Total Reinvested (USD) Operating CF Capex YoY Change
2025 0.19x $2.64 Billion $14.19 Billion $905.00 Million ▼ -90.4%
2024 1.94x $21.15 Billion $10.88 Billion $670.00 Million ▲ +549.0%
2023 0.30x $5.96 Billion $19.89 Billion $849.00 Million ▲ +41.3%
2022 0.21x $2.80 Billion $13.23 Billion $477.00 Million ▼ -45.2%
2021 0.39x $5.98 Billion $15.45 Billion $692.00 Million ▲ +14.8%
2020 0.34x $5.20 Billion $15.43 Billion $770.00 Million ▼ -71.7%
2019 1.19x $18.82 Billion $15.83 Billion $909.00 Million ▼ -18.5%
2018 1.46x $19.93 Billion $13.67 Billion $834.00 Million ▲ +645.2%
2017 0.20x $2.71 Billion $13.88 Billion $964.00 Million ▼ -48.7%
2016 0.38x $5.18 Billion $13.57 Billion $1.15 Billion ▼ -50.1%
2015 0.77x $9.61 Billion $12.55 Billion $1.23 Billion ▲ +141.4%
2014 0.32x $3.91 Billion $12.33 Billion $1.27 Billion ▼ -19.5%
2013 0.39x $5.08 Billion $12.89 Billion $1.16 Billion ▼ -89.5%
2012 3.74x $42.94 Billion $11.49 Billion $1.13 Billion ▲ +1321.7%
2011 0.26x $2.65 Billion $10.08 Billion $1.17 Billion ▼ -60.1%
2010 0.66x $6.70 Billion $10.17 Billion $1.01 Billion ▲ +548.7%
2009 0.10x $1.00 Billion $9.90 Billion $1.00 Billion ▼ -3.2%
2008 0.10x $1.27 Billion $12.09 Billion $1.27 Billion ▼ -15.3%
2007 0.12x $1.25 Billion $10.10 Billion $1.25 Billion ▲ +26.7%
2006 0.10x $772.00 Million $7.90 Billion $772.00 Million ▲ +6.9%
2005 0.09x $692.00 Million $7.57 Billion $692.00 Million ▲ +6.2%
2004 0.09x $613.00 Million $7.12 Billion $613.00 Million ▼ -37.1%
2003 0.14x $717.00 Million $5.24 Billion $717.00 Million ▼ -65.9%
2002 0.40x $2.64 Billion $6.59 Billion $2.64 Billion ▲ +12.7%
2001 0.36x $2.27 Billion $6.39 Billion $2.27 Billion ▲ +42.9%
2000 0.25x $1.53 Billion $6.14 Billion $1.53 Billion ▲ +89.3%
1999 0.13x $584.00 Million $4.44 Billion $584.00 Million ▼ -8.6%
1998 0.14x $414.84 Million $2.88 Billion $414.84 Million ▼ -37.1%
1997 0.23x $330.30 Million $1.44 Billion $330.30 Million ▼ -13.9%
1996 0.27x $282.84 Million $1.06 Billion $282.84 Million ▼ -5.9%
1995 0.28x $111.92 Million $395.75 Million $111.92 Million ▲ +50.7%
1994 0.19x $59.60 Million $317.50 Million $59.60 Million ▼ -2.5%
1993 0.19x $33.90 Million $176.00 Million $33.90 Million ▲ +11.9%
1992 0.17x $21.60 Million $125.50 Million $21.60 Million ▼ -33.0%
1991 0.26x $11.30 Million $44.00 Million $11.30 Million ▼ -40.5%
1990 0.43x $4.10 Million $9.50 Million $4.10 Million ▲ +216.5%
1989 0.14x $300.00K $2.20 Million $300.00K
Cash Flow Reinvestment Rate = (ABS(Capex) + ABS(Investments)) / Operating Cash Flow