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Ciena stock: key metrics
CIENCiena had an operating margin of 6.5% and a return on invested capital (ROIC) of 7.9% in fiscal 2025.
Margins show how much of revenue is left over, returns on capital how hard the invested money works.
Daily figure as of 13 Nov 2026
Margins
- Gross margin
- Operating margin
- Net margin
Figures as a table
| Year | Gross margin | Operating margin | Net margin |
|---|---|---|---|
| 2006 | 45.7% | −5.6% | 0.1% |
| 2007 | 46.5% | 6.2% | 10.6% |
| 2008 | 50.0% | 2.4% | 4.3% |
| 2009 | 43.6% | −88.8% | −89.0% |
| 2010 | 40.2% | −26.0% | −27.0% |
| 2011 | 40.7% | −9.4% | −11.2% |
| 2012 | 39.5% | −4.4% | −7.9% |
| 2013 | 41.5% | −0.1% | −4.1% |
| 2014 | 41.4% | 2.0% | −1.8% |
| 2015 | 44.0% | 4.1% | 0.5% |
| 2016 | 44.7% | 6.0% | 2.8% |
| 2017 | 44.5% | 7.7% | 45.0% |
| 2018 | 42.5% | 7.4% | −11.1% |
| 2019 | 43.2% | 9.7% | 7.1% |
| 2020 | 46.8% | 13.8% | 10.2% |
| 2021 | 47.6% | 13.7% | 13.8% |
| 2022 | 43.0% | 7.1% | 4.2% |
| 2023 | 42.8% | 8.8% | 5.8% |
| 2024 | 42.8% | 4.8% | 2.1% |
| 2025 | 42.0% | 6.5% | 2.6% |
Returns on capital
- ROE
- ROIC
- ROA
Figures as a table
| Year | ROE | ROIC | ROA |
|---|---|---|---|
| 2006 | 0.1% | −2.0% | 0.0% |
| 2007 | 9.7% | 7.5% | 3.4% |
| 2008 | 3.9% | 3.0% | 1.9% |
| 2009 | −100.0% | −83.7% | −38.6% |
| 2010 | −100.0% | −44.5% | −15.7% |
| 2011 | −100.0% | −14.0% | −10.0% |
| 2012 | 161.9% | −8.0% | −7.7% |
| 2013 | 103.3% | −0.2% | −4.7% |
| 2014 | 58.4% | 5.4% | −2.0% |
| 2015 | 1.9% | 6.1% | 0.4% |
| 2016 | 9.5% | 13.3% | 2.5% |
| 2017 | 59.1% | 13.6% | 31.9% |
| 2018 | −17.9% | 5.9% | −9.2% |
| 2019 | 11.7% | 15.4% | 6.5% |
| 2020 | 14.4% | 19.2% | 8.6% |
| 2021 | 16.6% | 22.9% | 10.3% |
| 2022 | 5.6% | 8.7% | 3.0% |
| 2023 | 8.9% | 9.9% | 4.5% |
| 2024 | 3.0% | 4.1% | 1.5% |
| 2025 | 4.5% | 7.9% | 2.1% |
Data status and sources
- Score
- Daily value of 13 Nov 2026, recalculated nightly
- Price
- Closing price of 12 Nov 2026
- Latest annual report
- Fiscal year 2025, period end 1 Nov 2025
- Source
- Financial statements, ratios and prices from Financial Modeling Prep (FMP), based on the company's reports. MEQIRI calculates the score and fair value from them.
Mandatory disclosures for this rating
- ; time horizon around 12 months
- Rated Neutral, published since 7 Nov 2026 (in the score history since 21 Aug 2026)
- Valuation signal Fairly valued since 11 Nov 2026, previously Undervalued
- End-of-day prices, metrics cached for up to 24 hours
- Score and fair value are estimates from a disclosed model. They are not facts and not a price target.
- Produced by SSM Ventures UG (haftungsbeschränkt), responsible person Sven Brostmeyer, Managing Director, automatically according to the disclosed model.
- Not investment advice. Losses up to and including a total loss are possible. Personal circumstances are not considered.