TTM
15.0%
YoY change
+4.54pp
Trough year (2003)
-95.6%
Peak year (2025)
13.9%
Latest annual
13.9%
FCF Margin history chart for Ciena (CIEN) from 1997 to 2025
Latest: 13.9%
FCF Margin change chart for Ciena (CIEN) from 1997 to 2025
Latest: +4.54pp
FCF Margin history table for Ciena (CIEN) from 1997 to 2025
| 2025 | 13.9% | +4.54pp | ||
| 2024 | 9.4% | +8.00pp | ||
| 2023 | 1.4% | +8.53pp | ||
| 2022 | -7.1% | -19.88pp | ||
| 2021 | 12.8% | +1.13pp | ||
| 2020 | 11.6% | +1.82pp | ||
| 2019 | 9.8% | +4.59pp | ||
| 2018 | 5.2% | +0.22pp | ||
| 2017 | 5.0% | -2.00pp | ||
| 2016 | 7.0% | -1.17pp | ||
| 2015 | 8.2% | +6.36pp | ||
| 2014 | 1.8% | +1.78pp | ||
| 2013 | 0.0% | -3.18pp | ||
| 2012 | 3.2% | +11.42pp | ||
| 2011 | -8.2% | +14.46pp | ||
| 2010 | -22.7% | -20.10pp | ||
| 2009 | -2.6% | -12.27pp | ||
| 2008 | 9.7% | -0.12pp | ||
| 2007 | 9.8% | +27.05pp | ||
| 2006 | -17.2% | +43.59pp | ||
| 2005 | -60.8% | +32.40pp | ||
| 2004 | -93.2% | +2.40pp | ||
| 2003 | -95.6% | -70.18pp | ||
| 2002 | -25.4% | -20.34pp | ||
| 2001 | -5.1% | +2.47pp | ||
| 2000 | -7.6% | -1.52pp | ||
| 1999 | -6.0% | +3.98pp | ||
| 1998 | -10.0% | -13.28pp | ||
| 1997 | 3.3% | — |
- 202513.9%+4.54pp
- 20249.4%+8.00pp
- 20231.4%+8.53pp
- 2022-7.1%-19.88pp
- 202112.8%+1.13pp
- 202011.6%+1.82pp
- 20199.8%+4.59pp
- 20185.2%+0.22pp
- 20175.0%-2.00pp
- 20167.0%-1.17pp
- 20158.2%+6.36pp
- 20141.8%+1.78pp
- 20130.0%-3.18pp
- 20123.2%+11.42pp
- 2011-8.2%+14.46pp
- 2010-22.7%-20.10pp
- 2009-2.6%-12.27pp
- 20089.7%-0.12pp
- 20079.8%+27.05pp
- 2006-17.2%+43.59pp
- 2005-60.8%+32.40pp
- 2004-93.2%+2.40pp
- 2003-95.6%-70.18pp
- 2002-25.4%-20.34pp
- 2001-5.1%+2.47pp
- 2000-7.6%-1.52pp
- 1999-6.0%+3.98pp
- 1998-10.0%-13.28pp
- 19973.3%—
FCF Margin values are taken from Ciena's reported income statements (quarterly 10-Q and annual 10-K filings with the U.S. Securities and Exchange Commission). Each row shows the period end date and the filing date. YoY compares each figure to the same period one year earlier. Amounts are in USD as filed.
About FCF Margin at Ciena (CIEN)
According to Ciena's latest reported financial statements, the company's latest reported free cash flow margin is 15.0%. Free cash flow margin is free cash flow divided by revenue — the share of each sales dollar that converts into cash after capital expenditures. Because free cash flow cannot be inflated by non-cash accounting, FCF margin is a clean read on how efficiently a business turns revenue into deployable cash.
Headline figure above is from the reporting period ending (reported ). Chart and table below cover the full reported history back to .
In 2025, Ciena (CIEN) free cash flow margin totalled 13.95% – expanded 4.5 percentage points year-over-year.
13.95% stands as the all-time-high annual free cash flow margin, posted in 2025, against a low of -95.61% during 2003.
Ciena FCF Margin by Year
Ciena FCF Margin 2025: 13.9%
In 2025, Ciena reported free cash flow margin of 13.95%, expanded 4.5 percentage points from 2024. This figure represents the highest annual value in the available history.
Ciena FCF Margin 2024: 9.4%
Ciena free cash flow margin in 2024 was 9.41%, expanded 8.0 percentage points from 2023.
Ciena FCF Margin 2023: 1.4%
2023's free cash flow margin for Ciena came in at 1.42%, expanded 8.5 percentage points from 2022.
Ciena FCF Margin 2022: -7.1%
Ciena posted free cash flow margin of -7.12% in 2022, contracted 19.9 percentage points from 2021.
Ciena FCF Margin 2021: 12.8%
Ciena free cash flow margin in 2021 was 12.76%.
See more financial history for Ciena (CIEN).
Sector peers by FCF Margin
Technology peers of Ciena (CIEN), ranked by their latest free cash flow margin
| 47.0% | |
| 43.4% | |
| 28.6% | |
| 26.6% | |
| 25.5% | |
| 22.9% | |
| 22.9% | |
| 17.7% |
- 47.0%
- 43.4%
- 28.6%
- 26.6%
- 25.5%
- 22.9%
- 22.9%
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