A multiple compares the market's price with a filed figure; it says what the market pays, not how the business is doing. The market capitalization is the vendor's as of Oct 9, 2026; every other figure is from the SEC filings on this page. Not financial advice.
Newest figures come from the 10-Q for Q3 FY2026, filed Sep 3, 2026. Each column of the statement tables below links to the filing it was taken from, and every filing is listed on the CIEN SEC filings page.
Ciena Corporation (CIEN) reported $5.7B in revenue over the twelve months to Aug 1, 2026, up 25.7% from the prior twelve months. This page shows its income statement, balance sheet, cash flow statement, and key financial ratios. View 15 years of annual fundamentals and quarterly data, with year-over-year growth rates and compound annual growth rates (CAGR). All figures are derived from SEC filings (10-K and 10-Q reports).
Ciena converts a weak-margin growth year into substantial cash, but rising financing needs keep returns modest.
FY2025 operating cash flow reached$806M against net income of$123M , showing cash conversion was much stronger than reported earnings alone would imply. After$141M of capital expenditures, free cash flow still reached$665M , indicating reinvestment absorbed only a limited share of internally generated cash.
FY2025 revenue expanded while gross margin eased to
The balance-sheet posture became less conservative: the current ratio fell to 2.7x while debt-to-equity rose to 0.6x. Share repurchases totaled
Financial Health Signals
Scored against operating companies for FY2025. Each of the six dimensions is a percentile rank within that peer group; the overall is their average, with missing dimensions counted as zero out of six. A high score means strong standing among peers, not absolute cross-industry strength. How this score is calculated →
Health score ≠ stock price. This rates the quality of Ciena Corporation's business: profitability, growth, balance sheet strength. It doesn't tell you whether the stock is a good buy at today's price. Not financial advice. Use it alongside valuation analysis and your own research.
Ciena Corporation has an operating margin of 4.1%, meaning the company retains $4 of operating profit per $100 of revenue. This results in a moderate score of 52/100, indicating healthy but not exceptional operating efficiency. This is down from 4.2% the prior year.
Ciena Corporation's revenue surged 18.8% year-over-year to $4.8B, reflecting rapid business expansion. This strong growth earns a score of 47/100.
Ciena Corporation has a moderate D/E ratio of 0.56. This balance of debt and equity financing earns a leverage score of 42/100.
With a current ratio of 2.73, Ciena Corporation holds $2.73 in current assets for every $1 of short-term obligations. This comfortable liquidity earns a score of 74/100.
Ciena Corporation converts 14.0% of revenue into free cash flow ($665.3M). This strong cash generation earns a score of 66/100.
Ciena Corporation's ROE of 4.5% shows moderate profitability relative to equity, earning a score of 50/100. This is up from 3.0% the prior year.
Ciena Corporation scores 12.19, well above the 2.99 safe threshold. The score is driven primarily by a large market capitalization ($60.4B) relative to total liabilities ($3.1B). This indicates low bankruptcy risk based on profitability, leverage, and asset efficiency.
Distress-screening estimate for non-financial companies. Not computed for banks or insurers, where the Altman model does not apply.
Ciena Corporation passes 7 of 9 financial strength tests. All 4 profitability signals pass (positive income, cash flow, and earnings quality), 2 of 3 leverage/liquidity signals pass, 1 of 2 efficiency signals pass.
For every $1 of reported earnings, Ciena Corporation generates $6.54 in operating cash flow ($806.1M OCF vs $123.3M net income). This indicates profits are well-supported by actual cash generation, not accounting adjustments.
Ciena Corporation earns $2.21 in operating income for every $1 of interest expense ($197.5M vs $89.4M). This adequate coverage means the company can meet its interest obligations, but has limited cushion if earnings fall.
Key Financial Metrics
Earnings & Revenue
Ciena Corporation generated $1.7B in revenue in Q3 2026. This represents an increase of 37.0% from the same quarter a year earlier. Against the prior quarter it is up 6.4%.
Ciena Corporation's EBITDA was $340.2M in Q3 2026, measuring earnings before interest, taxes, depreciation, and amortization. This represents an increase of 218.1% from the same quarter a year earlier. Against the prior quarter it is up 23.1%.
Ciena Corporation reported $266.4M in net income in Q3 2026. This represents an increase of 429.6% from the same quarter a year earlier. Against the prior quarter it is up 22.1%.
Ciena Corporation earned $1.83 per diluted share (EPS) in Q3 2026. This represents an increase of 422.9% from the same quarter a year earlier. Against the prior quarter it is up 22.8%.
Cash & Balance Sheet
Ciena Corporation generated $116.3M in free cash flow in Q3 2026, representing cash available after capex. This represents a decrease of 13.6% from the same quarter a year earlier. Against the prior quarter it is down 46.8%.
Ciena Corporation held $2.4B in cash against $3.2B in long-term debt as of Q3 2026.
Not reported for Q3 2026.
Margins & Returns
Ciena Corporation's gross margin was 45.4% in Q3 2026, indicating the percentage of revenue retained after direct costs. This is up 4.2 percentage points from the same quarter a year earlier. Against the prior quarter it is up 1.4 percentage points.
Ciena Corporation's operating margin was 18.0% in Q3 2026, reflecting core business profitability. This is up 12.0 percentage points from the same quarter a year earlier. Against the prior quarter it is up 2.9 percentage points.
Ciena Corporation's net profit margin was 15.9% in Q3 2026, showing the share of revenue converted to profit. This is up 11.8 percentage points from the same quarter a year earlier. Against the prior quarter it is up 2.0 percentage points.
Ciena Corporation's ROE was 8.7% in Q3 2026, measuring profit generated per dollar of shareholder equity. This is up 6.9 percentage points from the same quarter a year earlier. Against the prior quarter it is up 1.2 percentage points.
Capital Allocation
Ciena Corporation invested $236.7M in research and development in Q3 2026. This represents an increase of 11.7% from the same quarter a year earlier. Against the prior quarter it is down 0.5%.
Ciena Corporation spent $173.0M on share buybacks in Q3 2026, returning capital to shareholders by reducing shares outstanding. This represents an increase of 111.4% from the same quarter a year earlier. Against the prior quarter it is up 105.0%.
Ciena Corporation invested $80.0M in capex in Q3 2026, funding long-term assets and infrastructure. This represents an increase of 101.2% from the same quarter a year earlier. Against the prior quarter it is up 94.8%.
CIEN Income Statement
Figures in USD, abbreviated K (thousand), M (million), B (billion), T (trillion). Negative values carry a minus sign and red type. Each change compares the year with the year before it, and each quarter with the same quarter a year earlier.
| Metric | Q3'2610-Q | Q2'2610-Q | Q1'2610-Q | Q4'2510-Q | Q3'2510-Q | Q2'2510-Q | Q1'2510-Q | Q4'2410-K |
|---|---|---|---|---|---|---|---|---|
| Revenue | $1.7B+37.0% | $1.6B+39.5% | $1.4B+33.1% | $997.2M-8.5% | $1.2B+29.4% | $1.1B+23.6% | $1.1B+3.3% | $1.1B-3.5% |
| Cost of Revenue | $911.9M+27.3% | $879.2M+30.6% | $801.5M+33.5% | $573.7M-9.6% | $716.3M+33.1% | $673.0M+28.9% | $600.4M+5.2% | $634.4M-1.4% |
| Gross Profit | $759.3M+50.9% | $691.6M+52.7% | $625.5M+32.6% | $423.5M-7.0% | $503.1M+24.5% | $452.8M+16.5% | $471.8M+1.0% | $455.2M-6.4% |
| R&D Expenses | $236.7M+11.7% | $237.9M+10.7% | $221.5M+14.9% | $200.1M+5.0% | $211.9M+12.2% | $214.9M+10.0% | $192.7M+2.9% | $190.6M+0.6% |
| SG&A Expenses | $62.8M+3.7% | $61.2M+7.5% | $59.2M+9.9% | $61.9M+5.1% | $60.6M+4.0% | $57.0M+14.9% | $53.9M-1.4% | $58.9M-8.1% |
| Operating Income | $301.2M+309.6% | $237.9M+624.3% | $189.4M+134.8% | -$98.3M-255.5% | $73.5M+175.0% | $32.8M+928.3% | $80.7M-4.7% | $63.2M-30.8% |
| EBITDA | $340.2M+218.1% | $276.3M+328.5% | $226.5M+102.4% | -$66.2M-167.9% | $107.0M+87.9% | $64.5M+137.1% | $111.9M-2.4% | $97.5M-24.9% |
| Interest Expense | $5.8M-74.6% | $20.9M-3.6% | $21.3M-7.3% | $23.6M-8.5% | $22.8M-6.5% | $21.7M-9.1% | $22.9M-3.6% | $25.8M+6.8% |
| Income Tax | $44.2M+185.0% | $12.8M+27.8% | $30.8M+28.3% | -$23.4M-362.6% | $15.5M+629.9% | $10.0M+1125.2% | $24.0M+9.4% | $8.9M+143.2% |
| Net Income | $266.4M+429.6% | $218.2M+2333.0% | $150.3M+237.2% | -$86.2M-305.3% | $50.3M+253.5% | $9.0M+153.2% | $44.6M-10.0% | $42.0M-53.9% |
| EPS (Basic) | $1.88+437.1% | $1.54+2466.7% | $1.06+241.9% | $0.14-46.2% | $0.35+250.0% | $0.06+150.0% | $0.31-8.8% | $0.26-58.1% |
| EPS (Diluted) | $1.83+422.9% | $1.49+2383.3% | $1.03+232.3% | $0.13-50.0% | $0.35+250.0% | $0.06+150.0% | $0.31-8.8% | $0.26-58.1% |
| Diluted Shares (Avg) | 146M+1.0% | 146M+0.9% | 146M-0.1% | N/A | 144M-0.6% | 145M0.0% | 146M+0.1% | N/A |
CIEN Balance Sheet
Figures in USD, abbreviated K (thousand), M (million), B (billion), T (trillion). Negative values carry a minus sign and red type. Each change compares the year with the year before it, and each quarter with the same quarter a year earlier.
| Metric | Q3'2610-Q | Q2'2610-Q | Q1'2610-Q | Q4'2510-Q | Q3'2510-Q | Q2'2510-Q | Q1'2510-Q | Q4'2410-K |
|---|---|---|---|---|---|---|---|---|
| Total Assets | $8.0B+39.1% | $6.0B+6.7% | $5.9B+5.7% | $5.9B+4.0% | $5.7B+3.1% | $5.7B+0.8% | $5.6B-0.4% | $5.6B+0.7% |
| Current Assets | $5.3B+42.8% | $3.6B+0.1% | $3.5B+1.4% | $3.6B+0.6% | $3.7B+4.2% | $3.6B+0.6% | $3.5B-3.2% | $3.5B-0.9% |
| Cash & Equivalents | $2.4B+131.6% | $1.0B+10.0% | $1.1B+28.4% | $1.1B+16.8% | $1.1B+19.5% | $949.8M-13.0% | $874.7M-30.8% | $934.9M-7.5% |
| Short-Term Investments | $184.3M-31.8% | $157.7M-48.2% | $176.3M-47.7% | $216.1M-31.7% | $270.4M+24.1% | $304.2M+83.7% | $337.3M+216.2% | $316.3M+202.0% |
| Inventory | $872.0M+1.3% | $808.4M-7.5% | $845.8M+0.1% | $826.2M+0.7% | $860.4M-8.2% | $874.3M-14.5% | $845.1M-14.2% | $820.4M-21.9% |
| Accounts Receivable | $1.2B+20.3% | $1.1B+13.2% | $967.4M+3.1% | $975.9M+7.4% | $1.0B+14.0% | $929.8M+10.7% | $938.7M+8.5% | $908.6M-9.5% |
| Long-Term Investments | $213.6M+231.6% | $200.1M+117.2% | $69.9M-33.5% | $57.1M-29.4% | $64.4M-42.4% | $92.1M-44.5% | $105.0M+1.1% | $80.9M-39.7% |
| Goodwill | $513.3M+15.4% | $520.4M+17.0% | $521.7M+17.4% | $521.2M+17.2% | $444.8M0.0% | $444.8M0.0% | $444.3M-0.2% | $444.7M0.0% |
| Total Liabilities | $4.9B+66.8% | $3.1B+9.2% | $3.1B+11.5% | $3.1B+11.0% | $3.0B+10.3% | $2.9B+5.4% | $2.8B+4.1% | $2.8B+2.6% |
| Current Liabilities | $1.4B+23.4% | $1.3B+25.0% | $1.3B+31.6% | $1.3B+30.9% | $1.1B+29.1% | $1.0B+14.8% | $956.5M+13.7% | $999.8M+7.3% |
| Non-Current Liabilities | $3.6B+93.4% | $1.8B+0.1% | $1.8B+1.0% | $1.8B+0.1% | $1.8B+1.3% | $1.8B+0.7% | $1.8B-0.3% | $1.8B+0.2% |
| Long-Term Debt | $3.2B+111.6% | $1.5B-0.6% | $1.5B-0.4% | $1.5B-0.6% | $1.5B-0.8% | $1.5B-0.8% | $1.5B-0.8% | $1.5B-0.7% |
| Total Equity | $3.1B+9.7% | $2.9B+4.2% | $2.8B0.0% | $2.7B-3.1% | $2.8B-3.6% | $2.8B-3.6% | $2.8B-4.5% | $2.8B-1.1% |
| Retained Earnings | -$2.5B+20.5% | -$2.8B+13.5% | -$3.0B+7.1% | -$3.2B+3.7% | -$3.2B+4.2% | -$3.2B+3.1% | -$3.2B+2.4% | -$3.3B+2.5% |
CIEN Cash Flow Statement
Figures in USD, abbreviated K (thousand), M (million), B (billion), T (trillion). Negative values carry a minus sign and red type. Each change compares the year with the year before it, and each quarter with the same quarter a year earlier.
| Metric | Q3'2610-Q | Q2'2610-Q | Q1'2610-Q | Q4'2510-Q | Q3'2510-Q | Q2'2510-Q | Q1'2510-Q | Q4'2410-K |
|---|---|---|---|---|---|---|---|---|
| Operating Cash Flow | $196.3M+12.6% | $259.7M+65.5% | $227.6M+119.5% | $371.1M+6.2% | $174.3M+209.4% | $156.9M+168.4% | $103.7M-61.0% | $349.4M+78.7% |
| Depreciation & Amortization | $39.0M+16.8% | $38.4M+21.5% | $37.0M+18.6% | $33.6M+8.3% | $33.4M+10.8% | $31.6M+1.5% | $31.2M+3.9% | $31.0M-8.5% |
| Stock-Based Compensation | $57.9M+23.3% | $55.5M+15.7% | $49.8M+22.1% | N/A | $46.9M+25.6% | $48.0M+19.2% | $40.8M+7.9% | N/A |
| Capital Expenditures | $80.0M+101.2% | $41.0M+42.8% | $73.9M+174.8% | $45.4M-45.6% | $39.8M+102.8% | $28.7M+70.0% | $26.9M+62.0% | $83.5M+266.8% |
| Free Cash Flow | $116.3M-13.6% | $218.7M+70.5% | $153.8M+100.1% | $325.6M+22.5% | $134.6M+175.2% | $128.2M+208.4% | $76.8M-69.2% | $265.8M+53.9% |
| Investing Cash Flow | -$117.4M-695.3% | -$153.9M-883.6% | -$43.9M+34.6% | -$213.8M-43.5% | $19.7M+204.6% | $19.6M+112.5% | -$67.1M-470.0% | -$148.9M-51.8% |
| Financing Cash Flow | $1.3B+1658.4% | -$180.7M-67.7% | -$154.5M-65.4% | -$119.8M+19.4% | -$84.9M-197.4% | -$107.8M-47.4% | -$93.5M-169.2% | -$148.7M+24.6% |
| Share Buybacks | $173.0M+111.4% | $84.4M-3.0% | $80.5M-0.8% | $84.5M-34.4% | $81.8M+164.0% | $87.0M+53.7% | $81.2M+112.5% | $128.7M-30.2% |
Not reported in any period shown, so not listed: Dividends Paid.
CIEN Financial Ratios
Margins and returns are percentages; the remaining ratios are unitless multiples. Each change compares the year with the year before it, and each quarter with the same quarter a year earlier.
| Metric | Q3'2610-Q | Q2'2610-Q | Q1'2610-Q | Q4'2510-Q | Q3'2510-Q | Q2'2510-Q | Q1'2510-Q | Q4'2410-K |
|---|---|---|---|---|---|---|---|---|
| Gross Margin | 45.4%+4.2pp | 44.0%+3.8pp | 43.8%-0.2pp | 42.5%+0.7pp | 41.3%-1.6pp | 40.2%-2.5pp | 44.0%-1.0pp | 41.8%-1.3pp |
| Operating Margin | 18.0%+12.0pp | 15.1%+12.2pp | 13.3%+5.8pp | -9.8%-15.7pp | 6.0%+3.2pp | 2.9%+3.4pp | 7.5%-0.6pp | 5.8%-2.3pp |
| Net Margin | 15.9%+11.8pp | 13.9%+13.1pp | 10.5%+6.4pp | -8.6%-12.5pp | 4.1%+2.6pp | 0.8%+2.6pp | 4.2%-0.6pp | 3.9%-4.2pp |
| Return on Equity | 8.7%+6.9pp | 7.5%+7.2pp | 5.4%+3.8pp | -3.2%-4.6pp | 1.8%+1.3pp | 0.3%+0.9pp | 1.6%-0.1pp | 1.5%-1.7pp |
| Return on Assets | 3.3%+2.5pp | 3.6%+3.5pp | 2.5%+1.7pp | -1.5%-2.2pp | 0.9%+0.6pp | 0.2%+0.5pp | 0.8%-0.1pp | 0.7%-0.9pp |
| Current Ratio | 3.80+0.5x | 2.73-0.7x | 2.81-0.8x | 2.73-0.8x | 3.28-0.8x | 3.40-0.5x | 3.65-0.6x | 3.54-0.3x |
| Debt-to-Equity | 1.06+0.5x | 0.530.0x | 0.550.0x | 0.560.0x | 0.550.0x | 0.550.0x | 0.550.0x | 0.540.0x |
| Asset Turnover | 0.210.0x | 0.26+0.1x | 0.240.0x | 0.170.0x | 0.210.0x | 0.200.0x | 0.190.0x | 0.190.0x |
| FCF Margin | 7.0%-4.1pp | 13.9%+2.5pp | 10.8%+3.6pp | 32.7%+8.3pp | 11.0%+30.0pp | 11.4%+6.8pp | 7.2%-16.9pp | 24.4%+9.1pp |
Similar Companies
Newest fiscal year on record for each company. The health score is the peer-relative Financial Health Score for that year; a dash means no score is published for it.
| Company | Fiscal year | Revenue | Net income | Net margin | Market cap | Health score |
|---|---|---|---|---|---|---|
| Ciena Corporation CIEN | FY2025 | $4.8B | $123.3M | 2.6% | $60.4B | 55/100 |
| Zebra Technologies Corporation ZBRA | FY2025 | $5.4B | $419.0M | 7.8% | $18.1B | 53/100 |
| Hewlett Packard Enterprise Company HPE | FY2025 | $34.3B | $57.0M | 0.2% | $94.2B | 35/100 |
| AST SpaceMobile, Inc. ASTS | FY2025 | $70.9M | -$341.9M | N/A | $17.1B | 65/100 |
Where Ciena Corporation Ranks
Frequently Asked Questions
What is Ciena Corporation's annual revenue?
Ciena Corporation (CIEN) reported $4.8B in total revenue for fiscal year 2025. This represents a 18.8% change compared to the previous fiscal year. Revenue measures the total income earned from the company's primary business operations before any expenses are deducted.
How fast is Ciena Corporation's revenue growing?
Ciena Corporation (CIEN) revenue grew by 18.8% year-over-year, from $4.0B to $4.8B in fiscal year 2025.
Is Ciena Corporation profitable?
Yes, Ciena Corporation (CIEN) reported a net income of $123.3M in fiscal year 2025, with a net profit margin of 2.6%.
What is Ciena Corporation's EBITDA?
Ciena Corporation (CIEN) had EBITDA of $331.7M in fiscal year 2025, measuring earnings before interest, taxes, depreciation, and amortization.
How much debt does Ciena Corporation have?
As of fiscal year 2025, Ciena Corporation (CIEN) had $1.1B in cash and equivalents against $1.5B in long-term debt.
What is Ciena Corporation's gross margin?
Ciena Corporation (CIEN) had a gross margin of 42.0% in fiscal year 2025, indicating the percentage of revenue retained after direct costs of goods sold.
What is Ciena Corporation's operating margin?
Ciena Corporation (CIEN) had an operating margin of 4.1% in fiscal year 2025, reflecting the profitability of core business operations before interest and taxes.
What is Ciena Corporation's net profit margin?
Ciena Corporation (CIEN) had a net profit margin of 2.6% in fiscal year 2025, representing the share of revenue converted into profit after all expenses.
What is Ciena Corporation's return on equity (ROE)?
Ciena Corporation (CIEN) has a return on equity of 4.5% for fiscal year 2025, measuring how efficiently the company generates profit from shareholder equity.
What is Ciena Corporation's free cash flow?
Ciena Corporation (CIEN) generated $665.3M in free cash flow during fiscal year 2025. This represents a 76.1% change compared to the previous fiscal year. Free cash flow represents the cash a company generates after accounting for capital expenditures, and is widely used to assess financial flexibility and shareholder value.
What is Ciena Corporation's operating cash flow?
Ciena Corporation (CIEN) generated $806.1M in operating cash flow during fiscal year 2025, representing cash generated from core business activities.
What are Ciena Corporation's total assets?
Ciena Corporation (CIEN) had $5.9B in total assets as of fiscal year 2025, including both current and long-term assets.
What are Ciena Corporation's capital expenditures?
Ciena Corporation (CIEN) invested $140.8M in capital expenditures during fiscal year 2025, funding long-term assets and infrastructure.
How much does Ciena Corporation spend on research and development?
Ciena Corporation (CIEN) invested $848.3M in research and development during fiscal year 2025.
What is Ciena Corporation's current ratio?
Ciena Corporation (CIEN) had a current ratio of 2.73 as of fiscal year 2025, which is generally considered healthy.
What is Ciena Corporation's debt-to-equity ratio?
Ciena Corporation (CIEN) had a debt-to-equity ratio of 0.56 as of fiscal year 2025, measuring the company's financial leverage by comparing total debt to shareholder equity.
What is Ciena Corporation's return on assets (ROA)?
Ciena Corporation (CIEN) had a return on assets of 2.1% for fiscal year 2025, measuring how efficiently the company uses its assets to generate profit.
What is Ciena Corporation's P/E ratio?
Ciena Corporation (CIEN) trades at 110x earnings, its market capitalization divided by net income of $548.7M net income, trailing 12 months to August 1, 2026. The market capitalization is $60.4B as of Oct 9, 2026; a multiple compares that price with a filed figure and says nothing about the quality of the business.
What is Ciena Corporation's price-to-sales ratio?
Ciena Corporation (CIEN) trades at 10.7x sales, its market capitalization divided by revenue of $5.7B revenue, trailing 12 months to August 1, 2026. The market capitalization is $60.4B as of Oct 9, 2026; a multiple compares that price with a filed figure and says nothing about the quality of the business.
What is Ciena Corporation's Altman Z-Score?
Ciena Corporation (CIEN) has an Altman Z-Score of 12.19, placing it in the Safe Zone (low bankruptcy risk). The Z-Score combines five financial ratios (working capital, retained earnings, EBIT, market capitalization, and revenue relative to total assets) to predict the likelihood of bankruptcy. Scores above 2.99 indicate financial safety while scores below 1.81 suggest financial distress. Learn more in our complete guide to financial health indicators.
What is Ciena Corporation's Piotroski F-Score?
Ciena Corporation (CIEN) has a Piotroski F-Score of 7 out of 9, indicating strong financial health. The F-Score evaluates nine binary signals across profitability (positive ROA, positive cash flow, improving ROA, earnings quality), leverage (decreasing debt, improving liquidity, no share dilution), and operating efficiency (improving gross margin, improving asset turnover). Scores of 7 to 9 indicate strong and improving fundamentals. Learn more in our complete guide to financial health indicators.
Are Ciena Corporation's earnings high quality?
Ciena Corporation (CIEN) has an earnings quality ratio of 6.54x, considered cash-backed (high quality). This ratio compares operating cash flow to net income. A ratio above 1.0x means the company generates more cash than its reported earnings, indicating sustainable, cash-backed profits. Ratios below 1.0x suggest earnings rely on accounting accruals rather than actual cash generation. Learn more in our complete guide to financial health indicators.
Can Ciena Corporation cover its interest payments?
Ciena Corporation (CIEN) has an interest coverage ratio of 2.21x, meaning it can adequately cover its interest obligations. This ratio divides operating income by interest expense. Ratios above 5x indicate strong debt-servicing ability, while ratios below 2x suggest the company may face difficulty meeting interest payments if earnings decline. Learn more in our complete guide to financial health indicators.
How financially healthy is Ciena Corporation?
Ciena Corporation (CIEN) scores 55 out of 100 on our Financial Health Score, indicating moderate standing within its operating companies peer group. The score is a 0-100 composite of six dimensions (Profitability, Growth, Leverage, Liquidity, Cash Flow, Returns), each ranked as a percentile relative to companies in the same scoring family (banks against banks, REITs against REITs, and so on) rather than across all industries. It rates the quality of the business, not whether the stock is fairly priced, and is not financial advice. Learn more in our complete guide to financial health indicators.