Ciena CIEN Ratios & Valuation
| FY'25 | FY'24 | FY'23 | FY'22 | ||
|---|---|---|---|---|---|
| Profitability | |||||
| Gross margin | 168.1%-4.6pp | 172.7%+1.6pp | 171.1%-7.7pp | 178.9%-12.8pp | |
| Operating margin | 18.3%-5.0pp | 23.3%-6.7pp | 30%-7.3pp | 37.3%-18.1pp | |
| Net margin | 10.1%-4.4pp | 14.5%-6.4pp | 20.8%-13.1pp | 34%-14.4pp | |
| EBITDA margin | 29.7%-5.8pp | 35.5%-6.9pp | 42.4%-8.3pp | 50.8%-18.2pp | |
| Returns | |||||
| Return on equity | 15.9%-5.0pp | 20.9%-9.7pp | 30.6%-15.6pp | 46.2%-18.8pp | |
| Return on assets | 7.9%-2.8pp | 10.7%-5.5pp | 16.2%-11.0pp | 27.2%-12.2pp | |
| Return on invested capital | 18.1%-9.0pp | 27.1%-9.2pp | 36.3%-37.1pp | 73.4%-24.2pp | |
| Efficiency | |||||
| Asset turnover | 3.1×+0.2× | 2.9×-0.2× | 3.1×0.0× | 3.1×-0.1× | |
| Inventory turnover | 10.3×+1.7× | 8.6×-1.4× | 10×-4.6× | 14.6×-3.2× | |
| Liquidity | |||||
| Current ratio | 13.1×-2.7× | 15.8×+0.6× | 15.1×+0.5× | 14.6×+0.1× | |
| Quick ratio | 9.5×-1.8× | 11.3×+0.9× | 10.4×-1.0× | 11.4×-0.9× | |
| Cash ratio | 3.6×-1.1× | 4.7×+0.3× | 4.4×-0.2× | 4.5×-1.6× | |
| Leverage | |||||
| Debt-to-equity | 2.3×+0.1× | 2.2×0.0× | 2.3×+1.8× | 0.5×+0.1× | |
| Debt-to-assets | 1.1×0.0× | 1.1×0.0× | 1.1×+0.9× | 0.3×0.0× | |
| Net debt / EBITDA | 7.5×+0.8× | 6.7×+1.7× | 5×+9.9× | -5×+1.2× | |
| Interest coverage | 8.7×-1.4× | 10.1×-7.4× | 17.5×-20.2× | 37.7×-26.0× | |
| Per Share | |||||
| Book value per share | $76.37-3.5% | $79.10+2.6% | $77.07+7.4% | $71.77+0.2% | |
| Valuation | |||||
| Market capitalization | $61.44B+97.5% | $31.11B+14.7% | $27.14B-19.0% | $33.49B0.0% | |
| Enterprise value | $63.84B+91.3% | $33.38B+13.9% | $29.3B-5.1% | $30.88B+3.5% | |
| Price / earnings | 554.4×+313× | 241.3×+112× | 129.1×+3.2× | 125.9×+44.9× | |
| Price / sales | 13.7×+6.2× | 7.5×+0.9× | 6.6×-2.4× | 9×-0.7× | |
| Price / book | 22.2×+11.4× | 10.8×+1.4× | 9.4×-2.8× | 12.2×+0.2× | |
| EV / EBITDA | 195.9×+101× | 95.2×+27.1× | 68.1×+1.1× | 67.1×+17.1× | |
| EV / sales | 14.3×+6.2× | 8.1×+0.9× | 7.2×-1.2× | 8.3×-0.3× | |
| Earnings yield | 3.3%-4.7pp | 8%-4.9pp | 12.9%-1.7pp | 14.6%-5.5pp |
Chart any of these lines over time, or line them up against competitors.
Compare these in charts →Questions, answered.
- What are Ciena's profit margins?
- Ciena (CIEN) runs a 43.0% gross margin and a 9.2% operating margin, with a 7.9% net margin.
- Where do Ciena's ratios come from?
- Every ratio is computed from Ciena's SEC filings — trailing-twelve-month flows over period-end balances. Valuation multiples combine those fundamentals with market data, recomputed each period. Switch between quarterly, annual, and TTM, or open any ratio for its full history and peer comparisons.
