Ciena Corp (CIEN)
Operating profit margin
| Nov 2, 2024 | Oct 28, 2023 | Oct 29, 2022 | Oct 30, 2021 | Oct 31, 2020 | ||
|---|---|---|---|---|---|---|
| Operating income | US$ in thousands | 166,617 | 357,545 | 222,808 | 495,356 | 486,964 |
| Revenue | US$ in thousands | 4,014,960 | 4,386,550 | 3,632,660 | 3,620,680 | 3,532,160 |
| Operating profit margin | 4.15% | 8.15% | 6.13% | 13.68% | 13.79% |
November 2, 2024 calculation
Operating profit margin = Operating income ÷ Revenue
= $166,617K ÷ $4,014,960K
= 4.15%
The operating profit margin of Ciena Corp has exhibited fluctuations over the past five years. It decreased from 13.79% in 2020 to 13.68% in 2021 and then experienced a significant decline to 6.13% in 2022. However, it rebounded slightly in 2023 to 8.15%. The latest data for 2024 shows a further decrease to 4.15%. This downward trend over the last two years raises some concerns about the company's operational efficiency and profitability. Further analysis and investigation into the factors influencing these fluctuations would be necessary to determine the underlying causes and potential implications for the company's financial performance.
Peer comparison
Nov 2, 2024