Ciena Corp Capital Reinvestment Ratio
Ciena Corp capital reinvestment ratio. Ciena Corp (CIEN) has a Capital Reinvestment Ratio of 0.16x as of April 2026, meaning it reinvests 0% of its operating cash flow ($259.70 Million) in capital expenditures ($41.05 Million). See CIEN free cash flow to operating cash ratio to measure how efficiently the company converts operating cash flow to free cash.
Capital Reinvestment Ratio
Operating Cash Flow
Capital Expenditures
Data as of
Capital Reinvestment Ratio of Ciena Corp (1997–2025)
Capital reinvestment ratio of Ciena Corp from 1997 to 2025. This chart tracks Ciena Corp's Capital Reinvestment Ratio across 21 annual periods. See CIEN financial flexibility index to measure the company's free cash flow as a share of total liabilities.
Ciena Corp Capital Reinvestment Ratio by Year (1997–2025)
Ciena Corp capital reinvestment ratio by year from 1997 to 2025. For the full cash flow conversion analysis, see cash efficiency ratio of Ciena Corp.
| Year | Reinvestment Ratio | Operating CF (USD) | Capital Expenditures | YoY Change |
|---|---|---|---|---|
| 2025 | 0.17x | $806.09 Million | $140.80 Million | ▼ -34.2% |
| 2024 | 0.27x | $514.53 Million | $136.64 Million | ▼ -57.9% |
| 2023 | 0.63x | $168.33 Million | $106.20 Million | ▲ +329.6% |
| 2021 | 0.15x | $541.65 Million | $79.55 Million | ▼ -12.3% |
| 2020 | 0.17x | $493.65 Million | $82.67 Million | ▲ +10.6% |
| 2019 | 0.15x | $413.14 Million | $62.58 Million | ▼ -48.6% |
| 2018 | 0.29x | $229.26 Million | $67.62 Million | ▼ -26.8% |
| 2017 | 0.40x | $234.88 Million | $94.60 Million | ▲ +8.8% |
| 2016 | 0.37x | $289.52 Million | $107.19 Million | ▲ +56.2% |
| 2015 | 0.24x | $262.11 Million | $62.11 Million | ▼ -55.9% |
| 2014 | 0.54x | $89.82 Million | $48.22 Million | ▼ -45.3% |
| 2013 | 0.98x | $44.68 Million | $43.81 Million | ▲ +118.3% |
| 2012 | 0.45x | $107.09 Million | $48.10 Million | ▼ -86.2% |
| 2009 | 3.25x | $7.42 Million | $24.11 Million | ▲ +1174.1% |
| 2008 | 0.26x | $117.62 Million | $30.00 Million | ▼ -13.6% |
| 2007 | 0.30x | $108.74 Million | $32.10 Million | ▼ -80.6% |
| 2001 | 1.52x | $156.99 Million | $238.54 Million | ▼ -27.6% |
| 2000 | 2.10x | $59.04 Million | $123.95 Million | ▼ -20.6% |
| 1999 | 2.64x | $17.70 Million | $46.80 Million | ▲ +8.6% |
| 1998 | 2.43x | $35.50 Million | $86.40 Million | ▲ +192.7% |
| 1997 | 0.83x | $80.10 Million | $66.60 Million | — |