Score Your Stock

US stock · figures in US dollars · scored on full-year results

Ciena Ciena Corporation Common Stock

CIEN · Technology · Communication Equipment
Top 9% of scored stocks
OkayTop 9% of scored stocks
Weak Spot

Ciena scores 72/100 on fundamentals: in the top 9% of 503 scored S&P 500 stocks. Its strongest area is Risk (92/100); its weakest is Price Fairness (17/100). It carries 1 warning flag: Weak Spot.

Best
Risk 92
Weakest
Price 17
  • Carries a Weak Spot flag

A financially strong, expensively priced stock with healthy growth, but price fairness needs attention.

What looks good
What to watch
Mkt capUS$ 45.1b#253 of 503 in the S&P 500EPSUS$ 4.47P/E69.4×✗ vs sector median 31.5×P/B15.7×✗ vs sector median 7.4×Div yieldNo dividends paidBottom 16% in the S&P 50052w range · 32% of range168.22637.51
as of 31 Oct 2026

Nearby peers

Ranks #11 of 86 in Technology by score

#1First Solar87#9KLA73#10Nvidia73
#11Ciena72
#12Microsoft72#13Advanced Micro Devices71

One-Minute Summary

Why Ciena scores 72

A financially strong, expensively priced stock with healthy growth, but price fairness needs attention.

What looks good
What to watch

Business Strength

90
Why 90?
Pillar score: (2 + 2 + 2 + 1 + 2) = 9 of 10 points → 90
Return on Equity (ROE)23%Strong4-Year Revenue Growth+11%/yrStrong4-Year Profit Growth+37%/yrStrongNet Profit Margin11%OkayQuarterly Momentum+33%Strong
Show 3 charts

Net Profit & Equity, with ROE

Net Profit ↑ +156.8%Equity → +1.5%ROE % 22.6%
Net ProfitEquityROE %
255m84m123m654m2.8b2.8b2.7b2.9b202320242025TTM8.9%3%4.5%22.6%

Revenue & Net Profit, with Net Margin

Revenue ↑ +37.3%Net Profit ↑ +156.8%Net Margin % 10.9%
RevenueNet ProfitNet Margin %
4.4b4.0b4.8b6.0b255m84m123m654m202320242025TTM5.8%2.1%2.6%10.9%

Sales grew about 37.3% over 4 years: customers keep spending more with this company.

Profit climbed about 156.8% over 4 years: the business keeps more money as it grows.

Recent Quarters: Revenue & Net Profit (the last 8 quarters, scored)

Revenue ↑ +48.7%Net Profit ↑ +620%Net Margin % 15.9%
RevenueNet ProfitNet Margin %
1.1b1.1b1.1b1.2b1.4b1.4b1.6b1.7b37m45m9m50m20m150m218m266mQ4'24Q1'25Q2'25Q3'25Q4'25Q1'26Q2'26Q3'263.3%4.2%0.8%4.1%1.4%10.5%13.9%15.9%
▼▼▲▲▼▲▲▲

Sales grew about 48.7% over the last 8 quarters: customers keep spending more with this company.

Profit grew about 620% over the last 8 quarters: the business is keeping more of what it earns.

Why 83?
Pillar score: (1 + 2 + 2) = 5 of 6 points → 83
Debt-to-Equity0.6×OkayCurrent Ratio2.7×StrongInterest Coverage11.4×Strong
Show 2 charts

Debt vs Equity, with D/E ratio

Total Debt ↓ -4.6%Equity → +1.5%D/E 0.5×
Total DebtEquityD/E
1.7b1.6b1.6b1.6b2.8b2.8b2.7b2.9b202320242025TTM0.6×0.6×0.6×0.5×

Borrowings have stayed roughly level: manageable, as long as profits stay healthy.

Short-term assets vs bills, with Current Ratio

Current Assets → -0.2%Current Liabilities ↑ +40.4%Current Ratio 2.7×
Current AssetsCurrent LiabilitiesCurrent Ratio
3.6b3.5b3.6b3.6b932m1000m1.3b1.3b202320242025TTM3.8×3.5×2.7×2.7×
Why 75?
Pillar score: (0 + 2 + 2 + 2) = 6 of 8 points → 75
Dividend QualityNo dividends paidWeak
Payout ratio: 0%
Operating Cash FlowPositive & growingStrongFree Cash FlowPositive & growingStrongCash & Cash EquivalentsGrowing & covers near-term debtStrong
Show 3 charts

Operating vs Free Cash Flow

Operating CF ↑ +526.7%Free CF ↑ +1,211.4%
Operating CFFree CF
168m515m806m1.1b62m378m665m814m202320242025TTM

The business generates real cash, and more of it each year: a very healthy sign.

Cash vs Total Debt

Cash ↑ +3.4%Short-Term Debt → -0.9%Total Debt ↓ -4.6%
CashShort-Term DebtTotal Debt
1.0b935m1.1b1.0b12m12m12m12m1.7b1.6b1.6b1.6b202320242025TTM

Dividends per Share, with Yield

DPS (cents) → +0%Yield % 0%
DPS (cents)Yield %
0000202320242025TTM0%0%0%0%

Dividends per share have been maintained or raised: management shares the rewards with you.

Why 17?
Pillar score: (0 + 0 + 1) = 1 of 6 points → 17
P/E Ratio69.4×WeakP/B Ratio15.7×WeakPEG Ratio1.9Okay
Show chart

Share Price: Weekly Closes (not part of the score)

US$ 583.74US$ 381.00US$ 178.26Oct '25Feb '26Jun '26Oct '26

The share price is up about 68.9% over the past year.

Why 92?
Pillar score: (2 + 1 + 2 + 2 + 2 + 2) = 11 of 12 points → 92
Earnings ConsistencySteadyStrongDebt Trend (4yr)StableOkayShare Count Trend (4yr)-1%/yrStrongInventory vs Sales (4yr)-19.5 pp/yr vs salesStrongAsset Turnover Trend (4yr)+27.3%StrongQuarterly Consistency1 of 4 quarters downStrong
Show chart

Revenue vs Inventory, with Inventory % of Revenue

Revenue ↑ +37.3%Inventory ↓ -23.1%Inv. % of Rev. 13.4%
RevenueInventoryInv. % of Rev.
4.4b4.0b4.8b6.0b1.1b820m826m808m202320242025TTM24%20.4%17.3%13.4%
Ranks #11 of 86 in Technology by score

Sector peers

#1First Solar87#9KLA73#10Nvidia73
#11Ciena (you)72
#12Microsoft72#13Advanced Micro Devices71

Full Financial History

Every reported figure behind the score, year by year. Download it, or check it against the company's own annual report.

Financial YearRevenueNet ProfitOperating Cash FlowFree Cash FlowCapExCashTotal DebtShort-Term DebtEquityCurrent AssetsCurrent LiabilitiesTotal AssetsTotal LiabilitiesInventoryDividendsReturn on Equity (ROE)Net Profit MarginDebt-to-EquityCurrent RatioInterest CoverageDiv yieldP/E RatioP/B Ratio
2026US$ 6.0bUS$ 654.4mUS$ 1.1bUS$ 814.4mUS$ -240.3mUS$ 1.0bUS$ 1.6bUS$ 11.6mUS$ 2.9bUS$ 3.6bUS$ 1.3bUS$ 6.0bUS$ 3.1bUS$ 808.4mUS$ 0.0m23%11%0.6×2.7×11.4×---
2025US$ 4.8bUS$ 123.3mUS$ 806.1mUS$ 665.3mUS$ -140.8mUS$ 1.1bUS$ 1.6bUS$ 11.6mUS$ 2.7bUS$ 3.6bUS$ 1.3bUS$ 5.9bUS$ 3.1bUS$ 826.2mUS$ 0.0m5%3%0.6×2.7×2.7×0%217.1×9.8×
2024US$ 4.0bUS$ 84.0mUS$ 514.5mUS$ 377.9mUS$ -136.6mUS$ 934.9mUS$ 1.6bUS$ 11.7mUS$ 2.8bUS$ 3.5bUS$ 999.8mUS$ 5.6bUS$ 2.8bUS$ 820.4mUS$ 0.0m3%2%0.6×3.5×2.2×0%108.7×3.2×
2023US$ 4.4bUS$ 254.8mUS$ 168.3mUS$ 62.1mUS$ -106.2mUS$ 1.0bUS$ 1.7bUS$ 11.7mUS$ 2.8bUS$ 3.6bUS$ 932.0mUS$ 5.6bUS$ 2.8bUS$ 1.1bUS$ 0.0m9%6%0.6×3.8×4.5×0%25.0×2.2×