Communication Equipment industry stocks

The Communication Equipment industry has 47 US-listed companies on stockrow and is part of the Technology sector, with a combined market value of $921.4B. Cisco Systems, Inc. (CSCO) is the largest at $433.1B, followed by Lumentum Holdings Inc. and Hewlett Packard Enterprise Company. The median Communication Equipment stock trades at 33.5× trailing earnings, above the market median of 18.1×, with a median net margin of −0.80% (market: 0.45%). Median revenue growth over the last twelve months is 11.5%. 9 of the 47 pay a dividend; the median yield among payers is 1.56%.

Communication Equipment medians

Metric Industry Market
P/E 33.5× 18.1×
P/S 1.8× 1.9×
P/B 2.0× 1.7×
Price to free cash flow 22.9× 14.2×
EV/EBITDA 11.8× 11.0×
EV/Sales 2.0× 2.1×
Earnings yield −0.54% 1.20%
Free cash flow yield 1.31% 0.27%
Gross margin 39.5% 46.2%
Operating margin 2.39% 0.00%
Net margin −0.80% 0.45%
Free cash flow margin 1.39% 0.00%
Return on equity −1.91% 1.35%
Return on assets −0.20% 0.00%
Return on invested capital 0.72% 0.00%
Revenue growth (TTM) 11.5% 7.41%
EPS growth (last fiscal year) 30.9% 13.7%
Revenue growth, 5-year CAGR 4.92% 8.93%
Net income growth, 5-year CAGR 0.00% 0.00%
Debt to equity 0.1× 0.1×
Current ratio 2.0× 1.6×
Net debt to EBITDA 0.9× 0.6×
Dividend yield 1.04% 2.26%
Payout ratio 0.3× 0.3×
Market cap $532.1M $584.7M

Today’s biggest moves

Up

463.15 6.75 +1.48%
10.69 0.11 +1.04%
22.12 0.19 −0.85%
10.57 0.14 −1.31%
102.83 1.39 −1.33%

Down

75.57 8.16 −9.75%
33.38 3.44 −9.34%
40.58 3.88 −8.73%
65.18 4.80 −6.86%
332.73 23.78 −6.67%

All 47 companies

Open in screener
Ticker Company Market cap Price 1D P/E Net margin Revenue growth Dividend yield
CSCO Cisco Systems, Inc. 433.09b 107.39 (2.24%) 32.06 20.95% 11.77% 1.56%
LITE Lumentum Holdings Inc. 78.77b 824.13 (5.22%) 0.00 (230.10%) 83.22% —
HPE Hewlett Packard Enterprise Company 77.83b 55.13 (5.97%) 27.43 6.39% 26.59% 1.03%
MSI Motorola Solutions, Inc. 75.53b 463.15 1.48% 36.07 17.44% 10.30% 1.05%
NOK Nokia Corporation 54.16b 9.14 (4.49%) 4.91 3.39% 13.87% 1.78%
CIEN Ciena Corporation 50.56b 332.73 (6.67%) 72.02 10.87% 32.57% —
UI Ubiquiti Inc. 37.41b 600.86 (2.77%) 37.84 29.33% 27.22% 0.57%
ERIC Ericsson 32.61b 10.57 (1.31%) 13.55 10.61% 2.26% 3.02%
ZBRA Zebra Technologies Corporation 17.86b 368.77 (2.32%) 33.49 9.22% 12.66% —
ASTS AST SpaceMobile, Inc. 17.30b 40.58 (8.73%) 0.00 (536.66%) 2,256.89% —
VIAV Viavi Solutions Inc. 9.05b 33.38 (9.34%) 0.00 (2.00%) 40.03% —
VSAT Viasat Inc. 8.47b 58.83 (4.34%) 0.00 (0.64%) 1.35% —
AAOI Applied Optoelectronics, Inc. 7.11b 75.57 (9.75%) 0.00 (9.57%) 61.85% —
BDC Belden Inc 4.07b 102.83 (1.33%) 16.51 8.52% 9.44% 0.19%
ONDS Ondas Holdings Inc. 3.70b 6.04 (4.88%) 0.00 34.08% 979.31% —
EXTR Extreme Networks, Inc. 2.96b 21.73 (2.99%) 67.91 3.28% 12.59% —
DGII Digi International Inc. 2.72b 69.90 (2.58%) 53.77 9.63% 20.26% —
VISN Vistance Networks, Inc. 1.36b 5.80 (1.53%) 0.18 359.19% 1,333.21% 344.83%
HLIT Harmonic Inc. 1.15b 10.69 1.04% 0.00 (10.62%) 11.19% —
FEIM Frequency Electronics, Inc. 788.91m 65.18 (6.86%) 260.72 3.68% 6.30% 0.00%
TSAT Telesat Corporation 709.90m 44.96 (3.35%) 0.00 (102.47%) (25.27%) —
GILT Gilat Satellite Networks Ltd. 620.09m 7.83 (2.73%) 17.02 6.21% 39.47% —
NTGR NETGEAR, Inc. 606.36m 22.12 (0.85%) 0.00 (3.71%) (0.50%) —
ADTN ADTRAN Holdings, Inc. 532.08m 6.31 (3.37%) 0.00 (2.29%) 15.75% —
CLFD Clearfield, Inc. 407.38m 29.47 (1.73%) 0.00 (4.70%) 33.95% —
LTRX Lantronix, Inc. 274.24m 5.61 (4.10%) 0.00 (3.46%) (1.65%) —
AUDC AudioCodes Ltd. 270.52m 11.20 (0.80%) 43.08 2.83% 2.47% 3.57%
BKTI BK TECHNOLOGIES, INC. 251.35m 65.01 (2.50%) 17.91 15.00% 15.70% —
SILC Silicom Ltd 250.54m 40.37 (7.39%) 0.00 (12.98%) 28.60% —
AVNW Aviat Networks, Inc. 249.97m 18.94 (2.57%) 99.68 0.58% 1.17% —
CRNT Ceragon Networks Ltd. 183.60m 2.04 0.99% 0.00 (0.95%) (8.88%) —
OCC Optical Cable Corporation 125.55m 12.91 (9.08%) 44.52 3.10% 13.86% —
AMPG AmpliTech Group, Inc. 77.27m 2.39 (7.00%) 0.00 (33.37%) 24.22% —
INSG Inseego 71.37m 4.13 (0.48%) 0.00 1.27% (0.81%) —
AIRG Airgain, Inc. 54.89m 4.05 (3.34%) 0.00 (13.65%) (9.62%) —
WATT Energous Corporation 49.47m 8.59 (4.02%) 0.00 (76.37%) 430.52% —
CMTL Comtech Telecommunications Corp. 43.44m 1.37 (5.52%) 0.00 (27.62%) (17.04%) —
BOSC B.O.S. Better Online Solutions 30.29m 4.21 (1.86%) 7.94 7.21% 7.46% —
FKWL Franklin Wireless Corp. 26.34m 2.27 0.89% 0.00 (12.99%) (20.77%) 0.00%
UTSI UTStarcom Holdings Corp 22.69m 2.35 (1.67%) 0.00 (49.05%) (40.90%) —
CMBMF Cambium Networks Corporation 11.33m 0.00 0.00% 0.00 (17.56%) 3.97% —
CLRO ClearOne, Inc. 8.29m 2.99 (3.55%) 0.00 0.00% (18.54%) 0.00%
DZSIQ DZS Inc. 6.65m 0.00 0.00% 0.00 (30.69%) 20.98% —
VISL Vislink Technologies, Inc. 6.16m 4.00 12.36% 0.00 (21.66%) 2.50% —
MITQ Moving iMage Technologies, Inc. 5.42m 0.55 1.85% 0.00 (1.72%) (4.57%) —
SYNX Silynxcom Ltd. 5.05m 0.76 0.00% — — — —
ASNS Actelis Networks, Inc. 2.38m 0.05 0.00% 0.00 (203.68%) (22.15%) —

Updated 17 October 2026