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Ciena CIEN Net debt / EBITDA

Net debt / EBITDA at other companies

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Cisco Systems, Inc.CSCO
1.5×0.0×
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ADTRAN Holdings, Inc.ADTN
-0.8×
Calix logo
CalixCALX
-0.5×
Ribbon Communications Inc. logo
Ribbon Communications Inc.RBBN
47.6×+42.0×
Coherent logo
CoherentCOHR
3.4×-4.7×
Keysight Technologies logo
Keysight TechnologiesKEYS
0.3×+0.2×

Other financials

Income statement

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Revenue$1.6B+39.5%
Gross profit$691.6M+52.7%
Operating income$237.9M+624%
Net income$218.2M+2,333%
EPS (diluted)$1.49+2,383%

Balance sheet

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Cash & equivalents$1.0B+10.0%
Total debt$1.6B-0.8%
Total equity$2.9B+4.2%
Total assets$6.0B+6.7%

Cash flow

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Operating cash flow$259.7M+65.5%
CapEx$41.0M+42.8%
Free cash flow$218.7M+70.5%

Valuation

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Market cap$53.37B+307%
Enterprise value$53.9B+295%
P/E121.8×+28.8×
P/S9.6×+6.7×

Profitability

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Gross margin43%+1.1pp
Operating margin9.2%+4.5pp
Net margin7.9%+5.4pp
FCF margin15%

Returns & leverage

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Return on equity15.5%+11.8pp
Debt / equity0.5×0.0×
Current ratio2.7×-0.7×

Where this comes from

Calculated from Ciena’s reported figures.

Based on the most recent quarter.

The source filing: Ciena’s 10-Q, filed June 4, 2026. Open the filing →

Filed
Jun 4, 2026, 4:06 PM EDT
Fiscal quarter
Q2 FY2026
Calendar quarter
Q2 2026
Accession
0001628280-26-040767

FAQ

What is Ciena's net debt / EBITDA?
Ciena (CIEN) reported net debt / EBITDA of 0.8× in Q1 2026.
How has Ciena's net debt / EBITDA changed year-over-year?
Ciena's net debt / EBITDA decreased by 58.9% year-over-year, from 2× to 0.8×.
What is the long-term trend for Ciena's net debt / EBITDA?
Over 5 years (2020 to 2025), Ciena's net debt / EBITDA has grown at a 30.5% compound annual growth rate (CAGR), from -0.4× to 1.6×.
What does net debt / EBITDA mean?
Net debt (total debt minus cash) divided by trailing-twelve-month EBITDA. Expresses leverage in years — roughly how long it would take to repay net debt out of operating cash earnings.

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