Ciena Corp (CIEN)
Gross profit margin
| 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 | Jul 31, 2018 | Apr 30, 2018 | Jan 31, 2018 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Gross profit (ttm) | US$ in thousands | 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 | 1,242,300 | 1,218,833 | 1,243,766 |
| Revenue (ttm) | US$ in thousands | 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 | 2,939,379 | 2,849,281 | 2,814,309 |
| Gross profit margin | 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% | 42.26% | 42.78% | 44.19% |
January 27, 2024 calculation
Gross profit margin = Gross profit (ttm) ÷ Revenue (ttm)
= $1,889,867K ÷ $4,367,750K
= 43.27%
Based on the provided data, CIENA Corp.'s gross profit margins have fluctuated over the past eight quarters. The trend shows some variability, ranging from a low of 42.45% in Q1 2023 to a high of 45.45% in Q2 2022.
On average, CIENA Corp. maintained a gross profit margin of approximately 43.16% during this period. The company has generally sustained a level above 43%, indicating effective management of its production costs and pricing strategies.
The slight fluctuations in gross profit margin suggest that CIENA Corp. may be effectively managing its cost of goods sold and pricing strategies to maintain profitability. However, it is important to continue monitoring these margins to ensure consistent performance in generating profits from its core operations.
Peer comparison
Jan 27, 2024