Ciena Corp (CIEN)
Net 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 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Net income (ttm) | US$ in thousands | 83,956 | 138,127 | 153,630 | 228,133 | 254,827 | 221,273 | 202,052 | 183,320 | 152,902 | 198,756 | 426,476 | 490,671 | 500,196 | 461,738 | 365,773 | 354,311 | 332,579 | 318,378 | 189,967 | -375,051 |
| 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 |
| Net profit margin | 2.09% | 3.44% | 3.71% | 5.22% | 5.81% | 5.23% | 5.02% | 4.77% | 4.21% | 5.37% | 11.15% | 13.23% | 13.81% | 13.55% | 10.77% | 10.25% | 9.56% | 9.18% | 5.90% | -12.61% |
November 2, 2024 calculation
Net profit margin = Net income (ttm) ÷ Revenue (ttm)
= $83,956K ÷ $4,014,954K
= 2.09%
The net profit margin of Ciena Corp has varied over the past several quarters. In general, the trend shows fluctuation in profitability, with some quarters displaying higher margins (e.g., 13.81% in Jan 29, 2022 and 13.55% in Jul 31, 2021) while others showing lower margins (e.g., -12.61% in Jan 31, 2019).
More recently, the net profit margin has been around the 4-5% range, with the most recent reported figure being 2.09% in Nov 2, 2024. This indicates that for every dollar of revenue generated, the company is retaining approximately 2.09 cents as profit after accounting for all expenses and taxes.
Overall, the net profit margin is a key indicator of the company's profitability and efficiency in managing its costs, but it should be analyzed alongside other financial metrics to get a complete picture of Ciena Corp's financial performance. Variations in the net profit margin can be influenced by factors such as changes in revenue, costs, and one-time expenses.
Peer comparison
Nov 2, 2024