Ciena Corp (CIEN)
Net 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 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Net income (ttm) | US$ in thousands | 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 | 751,393 | 760,563 | 784,733 |
| 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 |
| Net profit margin | 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% | 25.56% | 26.69% | 27.88% |
January 27, 2024 calculation
Net profit margin = Net income (ttm) ÷ Revenue (ttm)
= $228,133K ÷ $4,367,750K
= 5.22%
The net profit margin of CIENA Corp. has shown variation over the past few quarters. In Q2 2022, the net profit margin was notably high at 11.15%, but it decreased in subsequent quarters, reaching its lowest point at 4.21% in Q4 2022. The margin then improved in Q1 2023, continuing to increase gradually in the following quarters. In Q4 2023, the net profit margin peaked at 5.81% before slightly decreasing to 5.22% in Q1 2024.
Overall, the trend in the net profit margin indicates some fluctuations but generally shows a recovery and improvement over the periods analyzed. This suggests that CIENA Corp. has been able to manage its expenses and generate more profit relative to its revenue in recent quarters. Further analysis would be needed to determine the factors contributing to these fluctuations and assess the company's profitability trends.
Peer comparison
Jan 27, 2024