CSCO vs HPQ
Cisco Systems, Inc. and HP Inc., side by side — 10 fiscal years reported in USD, drawn from SEC filings.
Most recent reported year
| Metric | CSCO | HPQ |
|---|---|---|
| Revenue | $56.7B | $55.3B |
| Net income | $10.2B | $2.5B |
| Gross margin | 64.9% | 20.6% |
| Net margin | 18.0% | 4.6% |
| Return on equity | 22.1% | · |
| Diluted EPS | $2.55 | $2.65 |
| Dividend / share | $1.62 | $1.16 |
| Payout ratio | 63.2% | 43.0% |
| Free cash flow | $13.3B | $2.8B |
| Equity | $46.8B | $-346.0M |
| Net debt / equity | 0.35× | · |
| Current ratio | 1.00× | 0.77× |
| Revenue CAGR 5y | 2.8% | −0.5% |
| Profit CAGR 5y | −1.9% | −2.1% |
CSCO and HPQ book revenue within 15% of each other, and keeps more of each dollar of revenue as profit (18.0% against 4.6%).
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 | HPQ |
|---|---|---|
| FY2025 | $56.7B | $55.3B |
| FY2024 | $53.8B | $53.6B |
| FY2023 | $57.0B | $53.7B |
| FY2022 | $51.6B | $62.9B |
| FY2021 | $49.8B | $63.5B |
| FY2020 | $49.3B | $56.6B |
| FY2019 | $51.9B | $58.8B |
| FY2018 | $49.3B | $58.5B |
| FY2017 | $48.0B | $52.1B |
| FY2016 | $49.2B | $48.2B |
Bottom line
| Fiscal year | CSCO | HPQ |
|---|---|---|
| FY2025 | $10.2B | $2.5B |
| FY2024 | $10.3B | $2.8B |
| FY2023 | $12.6B | $3.3B |
| FY2022 | $11.8B | $3.1B |
| FY2021 | $10.6B | $6.5B |
| FY2020 | $11.2B | $2.8B |
| FY2019 | $11.6B | $3.2B |
| FY2018 | $110.0M | $5.3B |
| FY2017 | $9.6B | $2.5B |
| FY2016 | $10.7B | $2.5B |
18 fiscal years
| Fiscal year | Difference | Ahead |
|---|---|---|
| FY2025 | +$1,359,000,000 | CSCO |
| FY2024 | +$244,000,000 | CSCO |
| FY2023 | +$3,280,000,000 | CSCO |
| FY2022 | −$11,353,000,000 | HPQ |
| FY2021 | −$13,642,000,000 | HPQ |
| FY2020 | −$7,337,000,000 | HPQ |
| FY2019 | −$6,852,000,000 | HPQ |
| FY2018 | −$9,142,000,000 | HPQ |
| FY2017 | −$4,051,000,000 | HPQ |
| FY2016 | +$1,009,000,000 | CSCO |
| FY2015 | −$2,302,000,000 | HPQ |
| FY2014 | −$9,509,000,000 | HPQ |
| FY2013 | −$63,691,000,000 | HPQ |
| FY2012 | −$74,296,000,000 | HPQ |
| FY2011 | −$84,027,000,000 | HPQ |
| FY2010 | −$85,993,000,000 | HPQ |
| FY2009 | −$78,435,000,000 | HPQ |
| FY2008 | −$78,824,000,000 | HPQ |
The higher-revenue side has changed between CSCO and HPQ 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 | +13.4 pp | CSCO |
| FY2024 | +14.0 pp | CSCO |
| FY2023 | +16.1 pp | CSCO |
| FY2022 | +17.9 pp | CSCO |
| FY2021 | +11.0 pp | CSCO |
| FY2020 | +17.8 pp | CSCO |
| FY2019 | +17.0 pp | CSCO |
| FY2018 | −8.9 pp | HPQ |
| FY2017 | +15.2 pp | CSCO |
| FY2016 | +16.6 pp | CSCO |
| FY2015 | +9.4 pp | CSCO |
| FY2014 | +7.8 pp | CSCO |
| FY2013 | +16.0 pp | CSCO |
| FY2012 | +28.0 pp | CSCO |
| FY2011 | +9.5 pp | CSCO |
| FY2010 | +12.4 pp | CSCO |
| FY2009 | +10.2 pp | CSCO |
| FY2008 | +13.3 pp | CSCO |
The higher net margin has changed hands between CSCO and HPQ 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 HPQ's over the 18 comparable fiscal years — 5.0 percentage points of standard deviation against 4.2.
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 HPQ over these 18 fiscal years — CSCO led in 17 and HPQ in 1.
18 of 19 comparable fiscal years — a year missing data on either side is not counted.
Standard deviation, each side
HPQ's return on equity has been more volatile than CSCO's over the 8 comparable fiscal years — 20.2 percentage points of standard deviation against 2.9.
8 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 HPQ over these 8 fiscal years — CSCO led in 2 and HPQ in 6.
8 of 19 comparable fiscal years — a year missing data on either side is not counted.