CSCO vs DE
Cisco Systems, Inc. and Deere & Co., side by side — 10 fiscal years reported in USD, drawn from SEC filings.
Most recent reported year
| Metric | CSCO | DE |
|---|---|---|
| Revenue | $56.7B | $45.7B |
| Net income | $10.2B | $5.0B |
| Gross margin | 64.9% | · |
| Net margin | 18.0% | 10.9% |
| Return on equity | 22.1% | 20.6% |
| Diluted EPS | $2.55 | $18.50 |
| Dividend / share | $1.62 | $6.48 |
| Payout ratio | 63.2% | 34.2% |
| Free cash flow | $13.3B | $6.1B |
| Equity | $46.8B | $25.9B |
| Net debt / equity | 0.35× | 0.47× |
| Current ratio | 1.00× | · |
| Revenue CAGR 5y | 2.8% | 5.2% |
| Profit CAGR 5y | −1.9% | 12.8% |
CSCO bills 1.2× the revenue of DE, and keeps more of each dollar of revenue as profit (18.0% against 10.9%).
The stronger figure of the pair is set in bold. That is arithmetic, not a recommendation — this page does not pick a winner. "·" marks a figure not available in our data.
10 years side by side
| Fiscal year | CSCO | DE |
|---|---|---|
| FY2025 | $56.7B | $45.7B |
| FY2024 | $53.8B | $51.7B |
| FY2023 | $57.0B | $61.3B |
| FY2022 | $51.6B | $52.6B |
| FY2021 | $49.8B | $44.0B |
| FY2020 | $49.3B | $35.5B |
| FY2019 | $51.9B | $39.3B |
| FY2018 | $49.3B | $37.4B |
| FY2017 | $48.0B | $29.7B |
| FY2016 | $49.2B | $26.6B |
Bottom line
| Fiscal year | CSCO | DE |
|---|---|---|
| FY2025 | $10.2B | $5.0B |
| FY2024 | $10.3B | $7.1B |
| FY2023 | $12.6B | $10.2B |
| FY2022 | $11.8B | $7.1B |
| FY2021 | $10.6B | $6.0B |
| FY2020 | $11.2B | $2.8B |
| FY2019 | $11.6B | $3.3B |
| FY2018 | $110.0M | $2.4B |
| FY2017 | $9.6B | $2.2B |
| FY2016 | $10.7B | $1.5B |
18 fiscal years
| Fiscal year | Difference | Ahead |
|---|---|---|
| FY2025 | +$10,970,000,000 | CSCO |
| FY2024 | +$2,087,000,000 | CSCO |
| FY2023 | −$4,253,000,000 | DE |
| FY2022 | −$1,020,000,000 | DE |
| FY2021 | +$5,794,000,000 | CSCO |
| FY2020 | +$13,761,000,000 | CSCO |
| FY2019 | +$12,646,000,000 | CSCO |
| FY2018 | +$11,972,000,000 | CSCO |
| FY2017 | +$18,267,000,000 | CSCO |
| FY2016 | +$22,603,000,000 | CSCO |
| FY2015 | +$20,298,200,000 | CSCO |
| FY2014 | +$11,075,100,000 | CSCO |
| FY2013 | +$10,811,600,000 | CSCO |
| FY2012 | +$9,903,900,000 | CSCO |
| FY2011 | +$11,205,500,000 | CSCO |
| FY2010 | +$14,035,400,000 | CSCO |
| FY2009 | +$13,004,600,000 | CSCO |
| FY2008 | +$11,102,400,000 | CSCO |
The higher-revenue side has changed between CSCO and DE over this period. The gap has narrowed since the earliest year compared.
18 of 19 comparable fiscal years — a year missing data on either side is not counted.
18 fiscal years
| Fiscal year | Difference | Ahead |
|---|---|---|
| FY2025 | +7.0 pp | CSCO |
| FY2024 | +5.5 pp | CSCO |
| FY2023 | +5.5 pp | CSCO |
| FY2022 | +9.3 pp | CSCO |
| FY2021 | +7.7 pp | CSCO |
| FY2020 | +15.0 pp | CSCO |
| FY2019 | +14.1 pp | CSCO |
| FY2018 | −6.1 pp | DE |
| FY2017 | +12.8 pp | CSCO |
| FY2016 | +16.1 pp | CSCO |
| FY2015 | +11.5 pp | CSCO |
| FY2014 | +7.9 pp | CSCO |
| FY2013 | +11.2 pp | CSCO |
| FY2012 | +9.0 pp | CSCO |
| FY2011 | +6.2 pp | CSCO |
| FY2010 | +12.2 pp | CSCO |
| FY2009 | +13.2 pp | CSCO |
| FY2008 | +13.1 pp | CSCO |
The higher net margin has changed hands between CSCO and DE over this period.
18 of 19 comparable fiscal years — a year missing data on either side is not counted.
Standard deviation, each side
CSCO's net margin has been more volatile than DE's over the 18 comparable fiscal years — 5.0 percentage points of standard deviation against 3.2.
18 of 19 comparable fiscal years — a year missing data on either side is not counted.
Year by year
The lead in net margin changed hands between CSCO and DE over these 18 fiscal years — CSCO led in 17 and DE in 1.
18 of 19 comparable fiscal years — a year missing data on either side is not counted.
Standard deviation, each side
DE's return on equity has been more volatile than CSCO's over the 18 comparable fiscal years — 9.0 percentage points of standard deviation against 7.6.
18 of 19 comparable fiscal years — a year missing data on either side is not counted.
Year by year
The lead in return on equity changed hands between CSCO and DE over these 18 fiscal years — CSCO led in 4 and DE in 14.
18 of 19 comparable fiscal years — a year missing data on either side is not counted.