Cisco Systems Inc (CSCO) — Free Cash Flow Generation Index

Latest as of January 2026: 1.18x

Cisco Systems Inc (CSCO) has a Free Cash Flow Generation Index of 1.18x as of January 2026. Free cash flow of $2.15 Billion represents 1% of operating cash flow ($1.82 Billion). Explore CSCO capex reinvestment rate to see what proportion of operating cash flow is directed to capital expenditures.

FCF Generation Index

1.18x
Free Cash Flow / Operating CF

Free Cash Flow

$2.15 Billion
USD

Operating Cash Flow

$1.82 Billion
USD

Capital Expenditures

$323.00 Million
USD

Cisco Systems Inc Free Cash Flow Generation Index (1989–2025)

Historical FCF Generation Index trend for Cisco Systems Inc across 37 annual periods. For the full cash flow conversion analysis, see CSCO cash flow metrics.

Annual Free Cash Flow Generation for Cisco Systems Inc (1989–2025)

Year-by-year Free Cash Flow Generation Index for Cisco Systems Inc. Check CSCO capex plus investments ratio to assess the company's total reinvestment commitment from operating cash flow.

Year FCG Index Free Cash Flow (USD) Operating CF Capital Expenditures YoY Change
2025 0.94x $13.29 Billion $14.19 Billion $905.00 Million ▼ -0.2%
2024 0.94x $10.21 Billion $10.88 Billion $670.00 Million ▼ -2.0%
2023 0.96x $19.04 Billion $19.89 Billion $849.00 Million ▼ -0.7%
2022 0.96x $12.75 Billion $13.23 Billion $477.00 Million ▲ +0.9%
2021 0.96x $14.76 Billion $15.45 Billion $692.00 Million ▲ +0.5%
2020 0.95x $14.66 Billion $15.43 Billion $770.00 Million ▲ +0.8%
2019 0.94x $14.92 Billion $15.83 Billion $909.00 Million ▲ +0.4%
2018 0.94x $12.83 Billion $13.67 Billion $834.00 Million ▲ +0.9%
2017 0.93x $12.91 Billion $13.88 Billion $964.00 Million ▲ +1.6%
2016 0.92x $12.42 Billion $13.57 Billion $1.15 Billion ▲ +1.5%
2015 0.90x $11.32 Billion $12.55 Billion $1.23 Billion ▲ +0.6%
2014 0.90x $11.06 Billion $12.33 Billion $1.27 Billion ▼ -1.5%
2013 0.91x $11.73 Billion $12.89 Billion $1.16 Billion ▲ +0.9%
2012 0.90x $10.37 Billion $11.49 Billion $1.13 Billion ▲ +2.1%
2011 0.88x $8.90 Billion $10.08 Billion $1.17 Billion ▼ -1.9%
2010 0.90x $9.16 Billion $10.17 Billion $1.01 Billion ▲ +0.3%
2009 0.90x $8.89 Billion $9.90 Billion $1.00 Billion ▲ +0.4%
2008 0.90x $10.82 Billion $12.09 Billion $1.27 Billion ▲ +2.2%
2007 0.88x $8.85 Billion $10.10 Billion $1.25 Billion ▼ -2.9%
2006 0.90x $7.13 Billion $7.90 Billion $772.00 Million ▼ -0.7%
2005 0.91x $6.88 Billion $7.57 Billion $692.00 Million ▼ -0.6%
2004 0.91x $6.51 Billion $7.12 Billion $613.00 Million ▲ +5.9%
2003 0.86x $4.52 Billion $5.24 Billion $717.00 Million ▲ +44.1%
2002 0.60x $3.95 Billion $6.59 Billion $2.64 Billion ▼ -7.0%
2001 0.64x $4.12 Billion $6.39 Billion $2.27 Billion ▼ -14.2%
2000 0.75x $4.61 Billion $6.14 Billion $1.53 Billion ▼ -13.5%
1999 0.87x $3.85 Billion $4.44 Billion $584.00 Million ▲ +1.5%
1998 0.86x $2.47 Billion $2.88 Billion $414.84 Million ▲ +11.0%
1997 0.77x $1.11 Billion $1.44 Billion $330.30 Million ▲ +5.1%
1996 0.73x $779.89 Million $1.06 Billion $282.84 Million ▲ +2.3%
1995 0.72x $283.83 Million $395.75 Million $111.92 Million ▼ -11.7%
1994 0.81x $257.90 Million $317.50 Million $59.60 Million ▲ +0.6%
1993 0.81x $142.10 Million $176.00 Million $33.90 Million ▼ -2.5%
1992 0.83x $103.90 Million $125.50 Million $21.60 Million ▲ +11.4%
1991 0.74x $32.70 Million $44.00 Million $11.30 Million ▲ +30.7%
1990 0.57x $5.40 Million $9.50 Million $4.10 Million ▼ -34.2%
1989 0.86x $1.90 Million $2.20 Million $300.00K
FCG Index = Free Cash Flow / Operating Cash Flow. FCF = Operating CF + Capital Expenditures (capex stored negative).