Ciena Financial Ratios
NYSE: CIENUtilitiesTelecommunications EquipmentUSD
At close: Oct 9, 4:00 PM ET · Delayed 15 min
Ciena ratio analysis
Ciena earned a net margin of 2.6% in FY 2025, up from 2.1% a year earlier. Gross margin was 42.0% compared with a median of 43.0% over the prior 9 years. Return on equity reached 4.5%, meaning Ciena generated 0.05 dollars of profit for every dollar of shareholders' equity.
Debt-to-equity stood at 0.56 versus 0.55 the year before, and the current ratio was 2.73. At the end of FY 2025, CIEN traded at 223.4 times earnings; across the 8 fiscal years shown, its year-end P/E ranged from 17.0 to 223.4, with a median of 23.3. Valuation ratios use the closing share price on each fiscal year-end date and diluted shares from the income statement; profitability and leverage ratios use reported annual figures. Current valuation multiples are on the statistics page.
Summary generated from market data by MetaCap's automated system. Methodology
Ciena financial ratios (annual)
| Ratio | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2019 | FY 2018 | FY 2018 |
|---|---|---|---|---|---|---|---|---|---|---|
| P/E ratio (at fiscal year end) | 223.44 | 110.29 | 23.99 | 48.25 | 17.02 | 16.98 | 22.63 | 22.63 | — | — |
| Price / sales | 5.66 | 2.31 | 1.39 | 2.01 | 2.33 | 1.72 | 1.59 | 1.59 | 1.49 | 1.49 |
| Price / book | 9.90 | 3.29 | 2.15 | 2.69 | 2.79 | 2.42 | 2.61 | 2.61 | 2.39 | 2.39 |
| Gross margin | 42.0% | 42.8% | 42.8% | 43.0% | 47.6% | 46.8% | 43.2% | 43.2% | 42.5% | 42.5% |
| Operating margin | 4.1% | 4.1% | 8.2% | 6.1% | 13.7% | 13.8% | 9.7% | 9.7% | 7.4% | 7.4% |
| Net margin | 2.6% | 2.1% | 5.8% | 4.2% | 13.8% | 10.2% | 7.1% | 7.1% | -11.1% | -11.1% |
| Free cash flow margin | 13.9% | 9.4% | 1.4% | -7.1% | 12.8% | 11.6% | 9.8% | 9.8% | 5.2% | 5.2% |
| Return on equity (ROE) | 4.5% | 3.0% | 8.9% | 5.6% | 16.6% | 14.4% | 11.7% | 11.7% | -17.9% | -17.9% |
| Return on assets (ROA) | 2.1% | 1.5% | 4.5% | 3.0% | 10.3% | 8.6% | 6.5% | 6.5% | — | -9.2% |
| Debt / equity | 0.56 | 0.55 | 0.55 | 0.39 | 0.22 | 0.27 | 0.32 | 0.31 | — | 0.36 |
| Current ratio | 2.73 | 3.54 | 3.84 | 3.25 | 3.51 | 3.43 | 2.82 | 2.82 | — | 2.22 |
| Revenue growth | 18.8% | -8.5% | 20.8% | 0.3% | 2.5% | -1.1% | 0.0% | 15.4% | 0.0% | 10.4% |
| EPS growth | 46.6% | -66.1% | 71.0% | -68.7% | 37.5% | 44.1% | 0.0% | — | — | -133.1% |