Ciena Corp (CIEN)
Pretax 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 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Earnings before tax but after interest (EBT) (ttm) | US$ in thousands | 119,850 | 142,347 | 190,333 | 293,837 | 323,653 | 318,515 | 269,005 | 228,782 | 182,505 | 246,450 | 373,161 | 450,479 | 462,751 | 419,265 | 458,740 | 451,133 | 426,574 | 410,855 | 250,169 | 137,783 |
| 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 |
| Pretax margin | 2.99% | 3.54% | 4.59% | 6.73% | 7.38% | 7.53% | 6.68% | 5.95% | 5.02% | 6.66% | 9.76% | 12.15% | 12.78% | 12.30% | 13.51% | 13.05% | 12.27% | 11.85% | 7.77% | 4.63% |
November 2, 2024 calculation
Pretax margin = EBT (ttm) ÷ Revenue (ttm)
= $119,850K ÷ $4,014,954K
= 2.99%
Ciena Corp's pretax margin has shown fluctuations over the periods provided. The pretax margin is a measure of a company's profitability before taxes, indicating the company's ability to generate earnings from its operations.
The pretax margin has ranged from a low of 2.99% in November 2024 to a high of 13.51% in May 2021. The highest pretax margin was observed in the first quarter of 2022 at 12.78% and has been above 10% on multiple occasions in recent years.
The trend indicates that Ciena Corp has experienced variability in its profitability, potentially influenced by factors such as operating efficiency, cost control measures, and changes in revenue. The pretax margin exceeding 10% in multiple periods suggests the company's ability to generate profits relative to its pre-tax earnings.
It is important for investors and analysts to monitor Ciena Corp's pretax margin over time to assess its operational efficiency and profitability.
Peer comparison
Nov 2, 2024