Ciena Corp (CIEN) — Cash Flow Reinvestment Rate
Ciena Corp (CIEN) has a Cash Flow Reinvestment Rate of 0.59x as of April 2026, reinvesting $153.93 Million (capex $41.05 Million plus investments $-112.88 Million) from operating cash flow of $259.70 Million. See free cash flow generation of Ciena Corp to measure how efficiently the company converts operating cash flow to free cash.
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. For the full cash flow conversion analysis, see CIEN cash generation efficiency.
Annual Cash Flow Reinvestment Rate for Ciena Corp (1997–2025)
Year-by-year capital reinvestment analysis for Ciena Corp. See CIEN financial flexibility score to measure the company's free cash flow as a share of total liabilities.
| 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 | — |