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. In the quarter to July 2026, revenue grew 37.1%, EPS grew 437.1%, free cash flow fell 13.6% and total debt rose 110.0%, each against the same quarter a year earlier. Member of the S&P 500; operating cash flow growth for three consecutive years.
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Ciena Corporation (CIEN) Return on equity
Ciena Corporation's return on equity over the twelve months to 31 July 2026 was 22.4%, up 18.0 percentage points from fiscal 2025 (4.45%). Over the past ten years it has ranged from −17.0% (fiscal 2018) to 87.0% (fiscal 2017); the current reading is higher than 36% of that period. That is above the Communication Equipment industry median of −1.91% and above the Technology sector median of 0.00%.
Return on equity, annual
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Annual newest first
| Period | Return on equity | Change (points) |
|---|---|---|
| FY2025 | 4.45% | 1.49 |
| FY2024 | 2.96% | (6.20) |
| FY2023 | 9.16% | 3.83 |
| FY2022 | 5.33% | (12.76) |
| FY2021 | 18.1% | 2.66 |
| FY2020 | 15.4% | 3.07 |
| FY2019 | 12.4% | 29.32 |
| FY2018 | −17.0% | (103.91) |
| FY2017 | 87.0% | 76.49 |
| FY2016 | 10.5% | 6.23 |
Against its own ten years
Return on equity against peers
| Company | Return on equity |
|---|---|
| MSI Motorola Solutions, Inc. compare | 91.4% |
| UI Ubiquiti Inc. compare | 91.1% |
| CIEN Ciena Corporation | 22.4% |
| ZBRA Zebra Technologies Corporation compare | 15.3% |
| HPE Hewlett Packard Enterprise Company compare | 10.5% |
| NOK Nokia Corporation compare | 3.38% |
| ERIC Ericsson compare | 0.00% |
| ASTS AST SpaceMobile, Inc. compare | −34.8% |
| LITE Lumentum Holdings Inc. compare | −240.0% |
| Communication Equipment industry median | −1.91% |
| Technology sector median | 0.00% |
| Market median | 1.35% |
What Return on equity is
ROE shows how much profit a company earns for its shareholders on the equity they have in the business.
Annual: Net Income Allotted to Shareholders ÷ Average Common Equity; TTM: Net Income Allotted to Shareholders ÷ Average Common Equity (latest quarter)
More on CIEN
- Revenue
- Net income
- EPS (diluted)
- EBITDA
- Free cash flow
- Operating cash flow
- Gross margin
- Operating margin
- Net margin
- Free cash flow margin
- P/E ratio
- P/S ratio
- P/B ratio
- Price to free cash flow
- EV/EBITDA
- EV/Sales
- EV/FCF
- Return on assets
- Return on invested capital
- Debt to equity
- Current ratio
- Total debt
- Shares outstanding
- Book value per share
- Revenue growth
- Piotroski F-score
- Altman Z-score
- Beneish M-score
- The full statement