Ciena Corp (CIEN) — Cash Flow Reinvestment Rate
Ciena Corp (CIEN) has a Cash Flow Reinvestment Rate of 0.46x as of January 2026, reinvesting $103.88 Million (capex $73.89 Million plus investments $30.00 Million) from operating cash flow of $227.65 Million. Explore CIEN capital expenditure intensity to see what proportion of operating cash flow is directed to capital expenditures.
Reinvestment Rate
Total Reinvested
Operating Cash Flow
Capital Expenditures
Ciena Corp Cash Flow Reinvestment Rate (1997–2025)
Historical reinvestment intensity for Ciena Corp across 21 annual periods. Also explore balance sheet size of Ciena Corp for the complete picture of this company's asset base.
Annual Cash Flow Reinvestment Rate for Ciena Corp (1997–2025)
Year-by-year capital reinvestment analysis for Ciena Corp. For live market cap and broader valuation context, see market value of Ciena Corp.
| Year | Reinvestment Rate | Total Reinvested (USD) | Operating CF | Capex | YoY Change |
|---|---|---|---|---|---|
| 2025 | 0.34x | $271.20 Million | $806.09 Million | $140.80 Million | ▼ -60.9% |
| 2024 | 0.86x | $443.12 Million | $514.53 Million | $136.64 Million | ▼ -70.4% |
| 2023 | 2.91x | $489.65 Million | $168.33 Million | $106.20 Million | ▲ +1551.6% |
| 2021 | 0.18x | $95.40 Million | $541.65 Million | $79.55 Million | ▼ -54.7% |
| 2020 | 0.39x | $191.94 Million | $493.65 Million | $82.67 Million | ▲ +7.6% |
| 2019 | 0.36x | $149.24 Million | $413.14 Million | $62.58 Million | ▼ -58.3% |
| 2018 | 0.87x | $198.52 Million | $229.26 Million | $67.62 Million | ▲ +59.1% |
| 2017 | 0.54x | $127.83 Million | $234.88 Million | $94.60 Million | ▼ -40.4% |
| 2016 | 0.91x | $264.27 Million | $289.52 Million | $107.19 Million | ▲ +198.0% |
| 2015 | 0.31x | $80.30 Million | $262.11 Million | $62.11 Million | ▼ -74.6% |
| 2014 | 1.21x | $108.45 Million | $89.82 Million | $48.22 Million | ▼ -59.5% |
| 2013 | 2.98x | $133.20 Million | $44.68 Million | $43.81 Million | ▲ +556.6% |
| 2012 | 0.45x | $48.62 Million | $107.09 Million | $48.10 Million | ▼ -86.0% |
| 2009 | 3.25x | $24.11 Million | $7.42 Million | $24.11 Million | ▲ +1174.1% |
| 2008 | 0.26x | $30.00 Million | $117.62 Million | $30.00 Million | ▼ -13.6% |
| 2007 | 0.30x | $32.10 Million | $108.74 Million | $32.10 Million | ▼ -80.6% |
| 2001 | 1.52x | $238.54 Million | $156.99 Million | $238.54 Million | ▼ -27.6% |
| 2000 | 2.10x | $123.95 Million | $59.04 Million | $123.95 Million | ▼ -20.6% |
| 1999 | 2.64x | $46.80 Million | $17.70 Million | $46.80 Million | ▲ +8.6% |
| 1998 | 2.43x | $86.40 Million | $35.50 Million | $86.40 Million | ▲ +192.7% |
| 1997 | 0.83x | $66.60 Million | $80.10 Million | $66.60 Million | — |