Ciena Corp (CIEN)
Operating 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 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating income (ttm) | US$ in thousands | 166,617 | 198,709 | 250,180 | 356,958 | 357,545 | 343,511 | 292,404 | 248,020 | 222,808 | 282,949 | 404,365 | 479,565 | 495,356 | 451,430 | 490,943 | 484,802 | 456,950 | 448,741 | 292,771 | 182,019 |
| 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 |
| Operating profit margin | 4.15% | 4.94% | 6.03% | 8.17% | 8.15% | 8.12% | 7.26% | 6.45% | 6.13% | 7.64% | 10.58% | 12.93% | 13.68% | 13.25% | 14.46% | 14.03% | 13.14% | 12.94% | 9.09% | 6.12% |
November 2, 2024 calculation
Operating profit margin = Operating income (ttm) ÷ Revenue (ttm)
= $166,617K ÷ $4,014,954K
= 4.15%
The operating profit margin of Ciena Corp has fluctuated over the past few quarters. In the most recent quarter, ending on November 2, 2024, the operating profit margin was 4.15%, showing a slight decrease compared to the previous quarter. However, it is important to note that the operating profit margin has been gradually declining since the peak of 14.46% in May 2021. This trend indicates a potential challenge in maintaining profitability in recent periods.
Overall, Ciena Corp's operating profit margin has experienced variability, possibly influenced by factors such as changes in operating expenses, pricing strategies, or revenue trends. Further analysis of the company's financial performance and operational efficiency may be necessary to understand the drivers behind these fluctuations and assess the sustainability of profitability levels in the future.
Peer comparison
Nov 2, 2024