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Ciena (CIEN)
NYSE:CIEN
US Market

Ciena (CIEN) Ratios

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Ciena Ratios

CIEN's free cash flow for Q4 2025 was $0.42. For the 2025 fiscal year, CIEN's free cash flow was decreased by $ and operating cash flow was $0.02. See a summary of the company’s cash flow.
Ratios
TTM
Dec 25Dec 24Dec 23Dec 22
Liquidity Ratios
Current Ratio
2.73 3.52 3.84 3.25 3.51
Quick Ratio
2.09 2.70 2.71 2.34 3.10
Cash Ratio
0.83 0.94 1.08 0.96 1.56
Solvency Ratio
0.08 0.08 0.14 0.12 0.34
Operating Cash Flow Ratio
0.62 0.51 0.18 -0.16 0.60
Short-Term Operating Cash Flow Coverage
31.57 43.98 14.39 -24.21 78.16
Net Current Asset Value
$ 430.16M$ 698.31M$ 822.64M$ 1.03B$ 1.34B
Leverage Ratios
Debt-to-Assets Ratio
0.27 0.29 0.30 0.22 0.15
Debt-to-Equity Ratio
0.58 0.58 0.58 0.42 0.24
Debt-to-Capital Ratio
0.37 0.37 0.37 0.29 0.20
Long-Term Debt-to-Capital Ratio
0.36 0.35 0.35 0.28 0.18
Financial Leverage Ratio
2.15 2.00 1.97 1.87 1.61
Debt Service Coverage Ratio
3.07 2.89 4.59 6.81 16.59
Interest Coverage Ratio
3.48 1.97 4.06 4.74 15.19
Debt to Market Cap
0.05 0.17 0.25 0.15 0.08
Interest Debt Per Share
11.81 11.95 11.71 7.78 4.96
Net Debt to EBITDA
1.27 1.99 1.23 0.34 -1.11
Profitability Margins
Gross Profit Margin
39.89%39.78%42.83%42.95%47.56%
EBIT Margin
5.15%5.40%8.77%7.08%13.43%
EBITDA Margin
8.09%8.73%12.01%10.94%17.08%
Operating Profit Margin
6.52%4.76%8.15%6.13%13.68%
Pretax Profit Margin
3.28%2.99%7.38%5.02%12.78%
Net Profit Margin
2.59%2.09%5.81%4.21%13.81%
Continuous Operations Profit Margin
2.59%2.09%5.81%4.21%13.81%
Net Income Per EBT
78.92%70.05%78.73%83.78%108.09%
EBT Per EBIT
50.29%62.68%90.52%81.91%93.42%
Return on Assets (ROA)
2.10%1.49%4.55%3.02%10.28%
Return on Equity (ROE)
4.45%2.98%8.95%5.64%16.56%
Return on Capital Employed (ROCE)
6.82%4.12%7.66%5.53%12.52%
Return on Invested Capital (ROIC)
5.35%2.88%5.99%4.60%13.44%
Return on Tangible Assets
2.41%1.67%5.15%3.27%11.14%
Earnings Yield
0.43%0.91%4.17%2.10%5.93%
Efficiency Ratios
Receivables Turnover
4.89 3.21 3.69 3.37 3.67
Payables Turnover
5.28 5.71 7.89 4.02 5.33
Inventory Turnover
3.47 2.95 2.39 2.19 5.07
Fixed Asset Turnover
123.52 11.00 13.91 11.61 11.00
Asset Turnover
0.81 0.71 0.78 0.72 0.74
Working Capital Turnover Ratio
1.98 1.56 1.76 1.57 1.75
Cash Conversion Cycle
110.76 173.56 205.51 184.05 102.91
Days of Sales Outstanding
74.68 113.62 98.82 108.20 99.43
Days of Inventory Outstanding
105.19 123.86 152.95 166.75 71.95
Days of Payables Outstanding
69.11 63.92 46.26 90.89 68.47
Operating Cycle
179.87 237.47 251.77 274.94 171.38
Cash Flow Ratios
Operating Cash Flow Per Share
5.70 3.56 1.13 -1.11 3.49
Free Cash Flow Per Share
4.70 2.61 0.42 -1.71 2.98
CapEx Per Share
0.99 0.94 0.71 0.60 0.51
Free Cash Flow to Operating Cash Flow
0.83 0.73 0.37 1.54 0.85
Dividend Paid and CapEx Coverage Ratio
5.73 3.77 1.59 -1.85 6.81
Capital Expenditure Coverage Ratio
5.73 3.77 1.59 -1.85 6.81
Operating Cash Flow Coverage Ratio
0.51 0.32 0.10 -0.15 0.73
Operating Cash Flow to Sales Ratio
0.17 0.13 0.04 -0.05 0.15
Free Cash Flow Yield
2.31%4.08%1.02%-3.54%5.48%
Valuation Ratios
Price-to-Earnings (P/E) Ratio
233.85 110.27 23.98 47.72 16.85
Price-to-Sales (P/S) Ratio
6.03 2.31 1.39 2.01 2.33
Price-to-Book (P/B) Ratio
10.57 3.29 2.15 2.69 2.79
Price-to-Free Cash Flow (P/FCF) Ratio
43.21 24.50 98.35 -28.22 18.24
Price-to-Operating Cash Flow Ratio
35.78 17.99 36.30 -43.49 15.56
Price-to-Earnings Growth (PEG) Ratio
-19.10 -1.67 0.35 -0.70 0.45
Price-to-Fair Value
10.57 3.29 2.15 2.69 2.79
Enterprise Value Multiple
75.74 28.41 12.82 18.70 12.52
Enterprise Value
29.25B 9.95B 6.76B 7.43B 7.75B
EV to EBITDA
75.78 28.41 12.82 18.70 12.52
EV to Sales
6.13 2.48 1.54 2.05 2.14
EV to Free Cash Flow
43.97 26.34 108.75 -28.74 16.76
EV to Operating Cash Flow
36.29 19.35 40.14 -44.30 14.30
Tangible Book Value Per Share
14.02 15.25 14.75 15.31 17.02
Shareholders’ Equity Per Share
19.28 19.46 19.12 17.94 19.45
Tax and Other Ratios
Effective Tax Rate
0.21 0.30 0.21 0.16 -0.08
Revenue Per Share
33.70 27.74 29.45 24.02 23.32
Net Income Per Share
0.87 0.58 1.71 1.01 3.22
Tax Burden
0.79 0.70 0.79 0.84 1.08
Interest Burden
0.64 0.55 0.84 0.71 0.95
Research & Development to Revenue
0.16 0.17 0.17 0.17 0.15
SG&A to Revenue
0.05 0.05 0.05 0.05 0.05
Stock-Based Compensation to Revenue
0.00 0.04 0.03 0.03 0.02
Income Quality
6.54 6.13 0.66 -1.10 1.08
Currency in USD