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. Check cash flow quality index of Ciena Corp to evaluate the quality of earnings relative to operating cash generation.
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. Explore CIEN long-term asset investment ratio to see how much of total assets are deployed in long-term investments.
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 | — |