CSCO vs. IONQ: Cisco Systems vs. IonQ Stock Comparison
How do Cisco Systems (CSCO) and IonQ (IONQ) stack up? This page sets them side by side across company profile, performance and risk, profitability, growth, financial strength, dividends, and valuation, with selected fundamentals also measured against each stock's industry-group peers.
Company Profile
Cisco Systems (CSCO) and IonQ (IONQ) both fall under the Technology Hardware & Equipment industry group, but CSCO is classified in Communications Equipment while IONQ is classified in Technology Hardware, Storage & Peripherals.
Cisco Systems (CSCO) has more than two decades of public-market history since February 16, 1990, whereas IonQ (IONQ) listed on January 4, 2021 and has a much shorter record to draw on.
| Profile Item | CSCO | IONQ |
|---|---|---|
| Name | Cisco Systems, Inc. | IonQ, Inc. |
| Country/Region | United States | United States |
| GICS Sector | Information Technology | Information Technology |
| GICS Industry Group | Technology Hardware & Equipment | Technology Hardware & Equipment |
| GICS Industry | Communications Equipment | Technology Hardware, Storage & Peripherals |
| GICS Sub-Industry | Communications Equipment | Technology Hardware, Storage & Peripherals |
| Market Capitalization | 370.01 billion USD | 15.16 billion USD |
| Currency | USD | USD |
| Exchange | Nasdaq | NYSE |
| Listing Date | February 16, 1990 | January 4, 2021 |
| Security Type | Common Stock | Common Stock |
Price Performance
Cumulative Growth
Trailing Returns
Calendar-Year Returns
Performance Metrics
| Metric | CSCO | IONQ |
|---|---|---|
| Total Return (1Y) | 40.88% | -40.10% |
| Total Return (3Y, Annualized) | 26.81% | 46.76% |
| Total Return (5Y, Annualized) | 14.44% | 9.52% |
Risk Profile
Drawdown History
Return Distribution
Risk Metrics
IonQ (IONQ) carries a highly aggressive beta of 3.33, indicating much higher sensitivity to broad-market moves, whereas Cisco Systems (CSCO) is closer to market-like at 1.02 — a noticeable difference in market-sensitivity profile.
| Metric | CSCO | IONQ |
|---|---|---|
| Volatility (1Y, Annualized) | 36.83% | 94.72% |
| Beta (5Y) | 1.02 | 3.33 |
| Max Drawdown (5Y) | -36.68% | -90.00% |
| Avg. Volume (3M) | 18.52M | 22.02M |
Risk-Adjusted Performance
Risk-Return Positioning
Risk-Adjusted Metrics
| Metric | CSCO | IONQ |
|---|---|---|
| Sharpe Ratio (1Y) | 0.99 | -0.47 |
| Sortino Ratio (1Y) | 1.44 | -0.74 |
Profitability
ROE (TTM)
Cisco Systems (CSCO) at 27.32% sits in the top ROE quartile, while IonQ (IONQ) at 6.90% is closer to the peer norm — stronger capital efficiency for CSCO.
CSCO
Technology Hardware & Equipment industry group
27.32%
- Max
- 42.47%
- CSCO
- 27.32%
- Q3
- 19.13%
- Median
- 11.00%
- Q1
- 1.63%
- Min
- -20.62%
IONQ
Technology Hardware & Equipment industry group
6.90%
- Max
- 42.47%
- Q3
- 19.13%
- Median
- 11.00%
- IONQ
- 6.90%
- Q1
- 1.63%
- Min
- -20.62%
Net Margin (TTM)
IonQ (IONQ) at 67.09% keeps the most of each sales dollar — above its industry’s net margin range — and Cisco Systems (CSCO) at 20.95% also retains a top-quartile share.
CSCO
Technology Hardware & Equipment industry group
20.95%
- Max
- 27.60%
- CSCO
- 20.95%
- Q3
- 11.66%
- Median
- 4.08%
- Q1
- 0.00%
- Min
- -11.02%
IONQ
Technology Hardware & Equipment industry group
67.09%
- IONQ
- 67.09%
- Max
- 27.60%
- Q3
- 11.66%
- Median
- 4.08%
- Q1
- 0.00%
- Min
- -11.02%
Operating Margin (TTM)
IonQ (IONQ) reports a negative operating margin of -249.14%, usually indicating that operating costs exceeded revenue at the operating-income line. Meanwhile Cisco Systems (CSCO) reports 27.72%, ranking against industry peers normally.
CSCO
Technology Hardware & Equipment industry group
27.72%
- Max
- 36.27%
- CSCO
- 27.72%
- Q3
- 18.36%
- Median
- 8.84%
- Q1
- 1.46%
- Min
- -21.39%
IONQ
Technology Hardware & Equipment industry group
-249.14%
- Max
- 36.27%
- Q3
- 18.36%
- Median
- 8.84%
- Q1
- 1.46%
- Min
- -21.39%
- IONQ
- -249.14%
Profitability Metrics
| Metric | CSCO | IONQ |
|---|---|---|
| ROE (TTM) | 27.32% | 6.90% |
| ROA (TTM) | 7.98% | -12.60% |
| Net Margin (TTM) | 20.95% | 67.09% |
| Operating Margin (TTM) | 27.72% | -249.14% |
| Gross Margin (TTM) | 64.52% | 24.67% |
Growth
Revenue Growth
IonQ (IONQ) at 201.85% clears its industry range for revenue growth, far stronger top-line momentum than Cisco Systems (CSCO) at 11.78%, which is closer to a typical peer reading.
EPS Growth
Neither Cisco Systems (CSCO) nor IonQ (IONQ) reports a EPS growth value for this period, so a direct comparison isn't possible.
Growth Metrics
| Metric | CSCO | IONQ |
|---|---|---|
| Revenue Growth (YoY) | 11.78% | 201.85% |
| Revenue Growth (3Y CAGR) | 3.57% | 126.89% |
| EPS Growth (YoY) | -- | -- |
| EPS Growth (3Y CAGR) | -- | -- |
Financial Strength
Current Ratio (MRQ)
IonQ (IONQ) at 4.24 carries current ratio above its industry’s typical mid-range, while Cisco Systems (CSCO) at 0.93 runs in the tighter-liquidity quartile — different working-capital profiles, both worth examining.
CSCO
Technology Hardware & Equipment industry group
0.93
- Max
- 5.34
- Q3
- 3.02
- Median
- 1.95
- Q1
- 1.32
- CSCO
- 0.93
- Min
- 0.17
IONQ
Technology Hardware & Equipment industry group
4.24
- Max
- 5.34
- IONQ
- 4.24
- Q3
- 3.02
- Median
- 1.95
- Q1
- 1.32
- Min
- 0.17
Debt / Equity (MRQ)
IonQ (IONQ) at 0.01 keeps leverage in the lower industry quartile, while Cisco Systems (CSCO) at 0.62 runs a more typical debt-to-equity mix.
CSCO
Technology Hardware & Equipment industry group
0.62
- Max
- 1.76
- Q3
- 0.78
- CSCO
- 0.62
- Median
- 0.24
- Q1
- 0.04
- Min
- 0.01
IONQ
Technology Hardware & Equipment industry group
0.01
- Max
- 1.76
- Q3
- 0.78
- Median
- 0.24
- Q1
- 0.04
- IONQ
- 0.01
- Min
- 0.01
Financial Strength Metrics
| Metric | CSCO | IONQ |
|---|---|---|
| Current Ratio (MRQ) | 0.93 | 4.24 |
| Debt / Equity (MRQ) | 0.62 | 0.01 |
| Net Debt / EBITDA | 0.82 | -- |
Dividends
Dividend Yield (TTM)
IonQ (IONQ) pays no dividend (yield 0.00%) — it may be reinvesting, using buybacks, or simply not returning cash through dividends. Meanwhile Cisco Systems (CSCO) reports a yield of 1.73%, ranking against industry peers normally.
CSCO
Technology Hardware & Equipment industry group
1.73%
- CSCO
- 1.73%
- Max
- 0.73%
- Q3
- 0.31%
- Median
- 0.00%
- Q1
- 0.00%
- Min
- 0.00%
IONQ
Technology Hardware & Equipment industry group
0.00%
- Max
- 0.73%
- Q3
- 0.31%
- IONQ
- 0.00%
- Median
- 0.00%
- Q1
- 0.00%
- Min
- 0.00%
Dividend Payout Ratio (TTM)
IonQ (IONQ) pays no dividend (payout 0.00%) — it may be reinvesting, using buybacks, or simply not returning cash through dividends. Meanwhile Cisco Systems (CSCO) reports a payout of 49.85%, ranking against industry peers normally.
CSCO
Technology Hardware & Equipment industry group
49.85%
- CSCO
- 49.85%
- Max
- 32.27%
- Q3
- 14.48%
- Median
- 0.00%
- Q1
- 0.00%
- Min
- 0.00%
IONQ
Technology Hardware & Equipment industry group
0.00%
- Max
- 32.27%
- Q3
- 14.48%
- IONQ
- 0.00%
- Median
- 0.00%
- Q1
- 0.00%
- Min
- 0.00%
Dividend Metrics
| Metric | CSCO | IONQ |
|---|---|---|
| Dividend Yield (TTM) | 1.73% | 0.00% |
| Dividend Payout Ratio (TTM) | 49.85% | 0.00% |
Valuation
P/E Ratio (TTM)
IonQ (IONQ) at 18.86 sits in the cheaper P/E ratio quartile, while Cisco Systems (CSCO) at 28.18 is closer to its industry’s usual earnings multiple — a discount for IONQ, though growth and earnings durability still matter.
CSCO
Technology Hardware & Equipment industry group
28.18
- Max
- 69.48
- Q3
- 41.02
- CSCO
- 28.18
- Median
- 26.39
- Q1
- 19.36
- Min
- 6.07
IONQ
Technology Hardware & Equipment industry group
18.86
- Max
- 69.48
- Q3
- 41.02
- Median
- 26.39
- Q1
- 19.36
- IONQ
- 18.86
- Min
- 6.07
P/S Ratio (TTM)
Both look expensive on sales: Cisco Systems (CSCO) at 5.84 sits in the upper P/S ratio quartile, and IonQ (IONQ) at 39.84 prices even higher, above its industry range.
CSCO
Technology Hardware & Equipment industry group
5.84
- Max
- 11.30
- CSCO
- 5.84
- Q3
- 5.82
- Median
- 2.56
- Q1
- 1.05
- Min
- 0.00
IONQ
Technology Hardware & Equipment industry group
39.84
- IONQ
- 39.84
- Max
- 11.30
- Q3
- 5.82
- Median
- 2.56
- Q1
- 1.05
- Min
- 0.00
P/B Ratio (MRQ)
IonQ (IONQ) at 2.67 is valued about in line with its industry on P/B ratio, while Cisco Systems (CSCO) at 7.36 carries an above-peer premium to book — CSCO is pricier on assets.
CSCO
Technology Hardware & Equipment industry group
7.36
- Max
- 10.75
- CSCO
- 7.36
- Q3
- 5.52
- Median
- 3.17
- Q1
- 1.79
- Min
- 0.33
IONQ
Technology Hardware & Equipment industry group
2.67
- Max
- 10.75
- Q3
- 5.52
- Median
- 3.17
- IONQ
- 2.67
- Q1
- 1.79
- Min
- 0.33
Valuation Metrics
| Metric | CSCO | IONQ |
|---|---|---|
| P/E Ratio (TTM) | 28.18 | 18.86 |
| P/S Ratio (TTM) | 5.84 | 39.84 |
| P/B Ratio (MRQ) | 7.36 | 2.67 |
| Free Cash Flow Yield (TTM) | 3.02% | -2.81% |