Ciena Corporation

As of July 31, 2026, Ciena Corporation carries a market capitalization of 939.36B, placing it among publicly traded companies globally. Its enterprise value stands at 950.73B, reflecting the total theoretical takeover cost after accounting for cash holdings and debt obligations.

Ciena Corporation's next confirmed earnings release is scheduled for December 10, 2026.

As of July 31, 2026, Ciena Corporation has 141.90M shares outstanding.

As of July 31, 2026, Ciena Corporation trades at a trailing price-to-earnings ratio of 82.78. The price-to-sales ratio is 9.00, and the price-to-book ratio stands at 17.73.

As of July 31, 2026, Ciena Corporation trades at an EV/EBITDA multiple of 60.03 - the valuation measure that neutralizes differences in capital structure, tax rates, and depreciation policy, making it the standard yardstick for comparing companies across an industry. The EV/Sales ratio of 9.11 reflects the premium investors pay for the company's revenue stream, a useful check when earnings are depressed or negative. Its EV/EBIT multiple of 74.25 values the business against core operating earnings after depreciation, a stricter test than EV/EBITDA for capital-intensive businesses. Ciena Corporation trades at an EV/FCF ratio of 62.46, comparing the total takeover cost of the business to the cash it actually generates for all capital providers. These enterprise value multiples are built on an enterprise value of 950.73B versus a market cap of 939.36B, with the gap driven by net debt and cash on the balance sheet.

As of July 31, 2026, Ciena Corporation maintains a current ratio of 3.80, meaning it holds 3.8x the short-term assets needed to cover near-term liabilities. The debt-to-equity ratio is 107.50, indicating elevated leverage, while an interest coverage ratio of 12.86 demonstrates strong ability to service its debt obligations.

Over the twelve months ended July 31, 2026, Ciena Corporation posted a return on equity (ROE) of 22.40, showing how much profit the company earns on every dollar of shareholder capital. Return on invested capital (ROIC) comes in at 12.18 - the clearest signal of whether the business earns more on its capital than that capital costs, and the core measure of a durable competitive advantage. Return on assets (ROA) stands at 9.52, measuring how efficiently the asset base is converted into earnings. Return on capital employed (ROCE) is 13.41, useful for judging operating efficiency across full business cycles. The company generates approximately 11.49M in revenue per employee across its workforce of 9,080.00, a quick read on workforce productivity versus industry peers. Inventory turnover of 3.89 indicates how many times Ciena Corporation sells and replaces its inventory over a year, a key working capital efficiency ratio.

Over the twelve months ended July 31, 2026, Ciena Corporation recorded 1.23B in income tax expense. That works out to an effective tax rate of 9.82, which can sit above or below the statutory corporate tax rate depending on foreign earnings mix, tax credits, and one-off items. Taxes are levied on pretax income of 12.57B, leaving 11.34B in net income after tax - the gap is what shifts in the tax rate do to reported earnings and EPS.

As of the close on October 20, 2026, Ciena Corporation's stock has gained approximately 263.61% over the past 52 weeks.

Over the twelve months ended July 31, 2026, Ciena Corporation generated 104.33B in revenue and converted that into 11.34B in net income, yielding earnings per share of 77.73. EBITDA reached 15.84B, while operating income came in at 14.74B.

As of July 31, 2026, Ciena Corporation holds 45.57B in cash and equivalents against 56.94B in total debt, resulting in a net debt position of 13.59B. Total book value stands at 52.97B, with working capital of 67.18B providing operational flexibility.

Ciena Corporation produced 18.28B in operating cash flow over the twelve months ended July 31, 2026. After subtracting -4.16B in capital expenditures, free cash flow totaled 14.11B - equivalent to 99.51 per share.

Over the twelve months ended July 31, 2026, Ciena Corporation posted a gross margin of 44.07, reflecting its pricing power and cost economics. The operating margin of 14.12 and net profit margin of 10.87 provide insight into operational efficiency.

These figures cover the twelve months ended July 31, 2026. Free cash flow yield stands at 1.46, showing how much cash the business generates relative to its market value - dividends covered by free cash flow are generally more durable than those funded by debt. Total shareholder yield is negative at -1.60, meaning Ciena Corporation raised more capital through share issuance and new debt than it returned via dividends and buybacks.

Ciena Corporation's most recent stock split took place on September 25, 2006 with a 7:1 split ratio.

As of July 31, 2026, Ciena Corporation has an Altman Z-Score of 7.94, well above the 3.0 threshold that indicates strong financial health and minimal bankruptcy risk.