Ciena Corp (CIEN)
Gross profit margin
| Nov 2, 2024 | Jul 27, 2024 | Apr 27, 2024 | Jan 27, 2024 | Oct 28, 2023 | Jul 29, 2023 | Apr 29, 2023 | Jan 28, 2023 | Oct 29, 2022 | Jul 30, 2022 | Apr 30, 2022 | Jan 29, 2022 | Oct 30, 2021 | Jul 31, 2021 | May 1, 2021 | Jan 30, 2021 | Oct 31, 2020 | Aug 1, 2020 | May 2, 2020 | Jan 31, 2019 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Gross profit (ttm) | US$ in thousands | 1,719,590 | 1,745,849 | 1,790,845 | 1,889,867 | 1,878,851 | 1,826,167 | 1,718,005 | 1,632,103 | 1,560,344 | 1,603,866 | 1,737,637 | 1,748,275 | 1,721,979 | 1,649,209 | 1,639,340 | 1,640,247 | 1,605,697 | 1,552,891 | 1,381,517 | 1,239,956 |
| Revenue (ttm) | US$ in thousands | 4,014,954 | 4,020,334 | 4,145,916 | 4,367,750 | 4,386,560 | 4,228,080 | 4,028,171 | 3,844,738 | 3,632,661 | 3,703,141 | 3,823,301 | 3,708,001 | 3,620,688 | 3,407,678 | 3,396,249 | 3,456,375 | 3,477,772 | 3,468,109 | 3,221,375 | 2,973,457 |
| Gross profit margin | 42.83% | 43.43% | 43.20% | 43.27% | 42.83% | 43.19% | 42.65% | 42.45% | 42.95% | 43.31% | 45.45% | 47.15% | 47.56% | 48.40% | 48.27% | 47.46% | 46.17% | 44.78% | 42.89% | 41.70% |
November 2, 2024 calculation
Gross profit margin = Gross profit (ttm) ÷ Revenue (ttm)
= $1,719,590K ÷ $4,014,954K
= 42.83%
The gross profit margin of Ciena Corp has shown some fluctuations over the past few quarters. The margins have generally been in the range of 42% to 48% over the last few years, with some variations around this range. The company experienced a peak in gross profit margin of 48.40% in October 2021, followed by a gradual decline to 42.83% in November 2024. This suggests a potential decrease in the company's ability to generate profits from its core business operations.
It is important for investors and analysts to closely monitor the gross profit margin as it indicates the efficiency of the company in producing goods and services. A declining trend in gross profit margin could be a red flag, signaling potential issues with pricing strategies, production costs, or competitive pressures. Further analysis of the company's cost structure and revenue streams is recommended to fully understand the factors driving the changes in gross profit margin.
Peer comparison
Nov 2, 2024