Ciena Corporation

CIEN Technology Communication Equipment

Ciena Corporation’s revenue for fiscal 2025 (year ended October 2025) was $4.8 billion, up 18.8% from fiscal 2024.

Revenue
+37.1%
EPS
+437.1%
Free cash flow
−13.6%
Total debt
+110.0%

Quarter to July 2026, against a year earlier

320.72 28.73 −8.22%
Market cap
$49.6B
P/E
69.3×
Fwd P/E
55.3×
Dividend yield
—
F-score
7/9
Altman Z
5.80
Beneish M
−2.92
Dividend safety
n/a

Ciena Corporation (CIEN) EV/FCF

Alert me on EV/FCF

As of 30 October 2026, Ciena Corporation (CIEN) trades at a EV/FCF of 56.6×. Over the past ten years it has ranged from −52.2× (August 2023) to 371× (August 2022); the current reading is higher than 89% of that period.

EV/FCF, daily

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Annual newest first

Period EV/FCF Change
FY2025 40.9× 63.13%
FY2024 25.1× (76.82%)
FY2023 108× —
FY2022 −27.7× —
FY2021 16.6× 24.12%
FY2020 13.3× (14.22%)
FY2019 15.6× (41.41%)
FY2018 26.6× 22.67%
FY2017 21.6× 36.98%
FY2016 15.8× (2.48%)

Quarterly newest first

Period EV/FCF Change
Jul 2026 66.5× (26.36%)
Apr 2026 90.3× 75.17%
Jan 2026 51.6× 25.96%
Oct 2025 40.9× 85.26%
43 more quarters

Against its own ten years

Low −52.2× High 371×
Ten-year median 21.6×
Current reading's percentile 87

EV/FCF against peers

What EV/FCF is

EV/Free CF shows how the value of a whole company, debt included, compares with the free cash its business produces.

((Stock Price × Shares (Basic, Weighted) (latest quarter)) + (Long Term Debt (Total) (latest quarter) + Current Part of Debt (latest quarter)) − Cash & Short Term Investments (latest quarter)) ÷ (Operating Cash Flow (TTM) + Property, Plant, Equipment Change (Net) (TTM) + Intangible Assets Change (Net) (TTM))

The full definition of EV/FCF →

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