Ciena Corporation CIEN

356.91 (1.52) (0.42%) as of 25 Sep
Market cap
$51.7B
P/E
77.3×
Indexes indicate stock being part of an index,
Growth Flags show if company had growth for consecutive years

Ciena Corporation (CIEN) Return on invested capital

Ciena Corporation's return on invested capital over the twelve months to 31 July 2026 was 12.6%, up 8.4 percentage points from fiscal 2025 (4.18%). Over the past ten years it has ranged from 3.35% (fiscal 2024) to 15.6% (fiscal 2020); the current reading is higher than 18% of that period. That is above the Communication Equipment industry median of 0.72% and above the Technology sector median of 0.00%.

Return on invested capital, annual

Annual

Period Return on invested capital Change (points)
FY2025 4.18% 0.83
FY2024 3.35% (3.45)
FY2023 6.80% 1.51
FY2022 5.29% (9.50)
FY2021 14.8% (0.79)
FY2020 15.6% 3.84
FY2019 11.7% 3.42
FY2018 8.32% 2.09
FY2017 6.23% (3.86)
FY2016 10.1% 3.61

Against its own ten years

Low 3.35% High 15.6%
Ten-year median 6.80%
Current reading's percentile 18

Return on invested capital against peers

Company Return on invested capital
UI Ubiquiti Inc. compare 89.4%
ERIC Ericsson compare 25.1%
MSI Motorola Solutions, Inc. compare 17.3%
CIEN Ciena Corporation 12.6%
LITE Lumentum Holdings Inc. compare 9.26%
ZBRA Zebra Technologies Corporation compare 8.87%
HPE Hewlett Packard Enterprise Company compare 4.31%
NOK Nokia Corporation compare 2.83%
ASTS AST SpaceMobile, Inc. compare −12.2%
Communication Equipment industry median 0.72%
Technology sector median 0.00%
Market median 0.00%

What Return on invested capital is

Return on Invested Capital shows how much after-tax operating profit a company earns on the money its lenders and shareholders have put in.

TTM: (Operating Income × 0.625) ÷ (Shareholders Equity (Total) (latest quarter) + Long Term Debt (Total) (latest quarter) + Current Part of Debt (latest quarter) − Cash & Short Term Investments (latest quarter)); Annual: (Operating Income × 0.625) ÷ (Shareholders Equity (Total) + Long Term Debt (Total) + Current Part of Debt − Cash & Short Term Investments)

The full definition of Return on invested capital →

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