Ciena Corp (CIEN)
Profitability ratios
Return on sales
| 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 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Gross profit margin | 43.27% | 42.83% | 43.19% | 42.65% | 42.45% | 42.95% | 43.31% | 45.45% | 47.15% | 47.56% | 48.40% | 48.27% | 47.46% | 46.17% | 44.78% | 42.89% | 41.70% | 42.26% | 42.78% | 44.19% |
| Operating profit margin | 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% | 6.46% | 6.55% | 7.55% |
| Pretax margin | 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% | 4.68% | 4.74% | 5.56% |
| 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% |
CIENA Corp.'s profitability ratios show consistency in its margins over the past quarters. The gross profit margin has ranged from 42.45% to 43.27%, indicating stable efficiency in generating profits from sales after accounting for the cost of goods sold. The operating profit margin has also remained relatively steady, varying between 7.08% and 8.92%, reflecting decent control over operating expenses to generate profit.
The pretax margin has fluctuated between 5.02% and 7.53%, indicating the company's ability to manage its pre-tax earnings in relation to its total revenue. Similarly, the net profit margin has ranged from 4.21% to 5.81%, implying a consistent ability to convert revenue into net income after accounting for all expenses, including taxes.
Overall, CIENA Corp. has maintained sound profitability levels, with margins generally within an acceptable range for the industry. However, the fluctuations in margins suggest the need for continuous monitoring of operational efficiency and cost management to sustain and potentially improve profitability in the future.
Return on investment
| 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 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating return on assets (Operating ROA) | 6.38% | 6.38% | 6.00% | 5.06% | 4.37% | 4.39% | 5.77% | 8.15% | 9.79% | 10.18% | 9.70% | 11.19% | 11.58% | 10.93% | 11.07% | 7.59% | 5.03% | 5.24% | 5.32% | 6.12% |
| Return on assets (ROA) | 4.08% | 4.55% | 3.87% | 3.50% | 3.23% | 3.02% | 4.06% | 8.59% | 10.01% | 10.28% | 9.92% | 8.34% | 8.46% | 7.95% | 7.85% | 4.93% | -10.37% | 20.74% | 21.69% | 22.62% |
| Return on total capital | 8.73% | 9.37% | 8.82% | 7.52% | 6.45% | 6.08% | 7.71% | 10.65% | 12.44% | 13.38% | 12.50% | 18.14% | 14.75% | 14.39% | 18.49% | 13.13% | 6.85% | 8.11% | 8.12% | 9.01% |
| Return on equity (ROE) | 7.80% | 8.95% | 7.51% | 6.95% | 6.46% | 5.64% | 7.45% | 15.33% | 17.43% | 16.56% | 15.79% | 13.58% | 13.70% | 13.25% | 13.11% | 8.48% | -18.26% | 42.24% | 43.61% | 44.69% |
Based on the profitability ratios of CIENA Corp. over the past eight quarters, we can observe the following trends:
1. Operating Return on Assets (Operating ROA): The Operating ROA has been relatively stable, ranging from 5.04% to 6.87% over the quarters. This indicates that the company has been able to generate operating profits efficiently relative to its total assets.
2. Return on Assets (ROA): The ROA has also displayed consistency, with values fluctuating between 3.02% and 4.55%. This ratio reflects the company's ability to generate profits from its assets, showing a moderate increase over the quarters.
3. Return on Total Capital: The Return on Total Capital exhibits a similar pattern to the ROA, with values varying between 6.49% and 11.28%. This ratio signifies the return generated from both debt and equity financing, demonstrating a positive trend in profitability.
4. Return on Equity (ROE): The ROE has shown fluctuations, ranging from 5.64% to 15.33%. This ratio indicates the return generated for the company's shareholders and reflects the company's effectiveness in generating profits from shareholders' equity.
Overall, CIENA Corp. has been able to maintain consistent profitability levels across the analyzed quarters, with some fluctuations observed in the return metrics. The company's ability to generate returns from its assets, capital, and equity suggests efficient utilization of resources to drive profitability.