Ciena Corp (CIEN) — Free Cash Flow Generation Index
Ciena Corp (CIEN) has a Free Cash Flow Generation Index of 0.84x as of April 2026. Free cash flow of $218.65 Million represents 1% of operating cash flow ($259.70 Million). Explore Ciena Corp capital spending ratio to see what proportion of operating cash flow is directed to capital expenditures.
FCF Generation Index
Free Cash Flow
Operating Cash Flow
Capital Expenditures
Ciena Corp Free Cash Flow Generation Index (1997–2025)
Historical FCF Generation Index trend for Ciena Corp across 21 annual periods. For the full cash flow conversion analysis, see how efficiently does Ciena Corp generate cash.
Annual Free Cash Flow Generation for Ciena Corp (1997–2025)
Year-by-year Free Cash Flow Generation Index for Ciena Corp. Check Ciena Corp (CIEN) reinvestment rate to assess the company's total reinvestment commitment from operating cash flow.
| Year | FCG Index | Free Cash Flow (USD) | Operating CF | Capital Expenditures | YoY Change |
|---|---|---|---|---|---|
| 2025 | 0.83x | $665.29 Million | $806.09 Million | $140.80 Million | ▲ +12.4% |
| 2024 | 0.73x | $377.89 Million | $514.53 Million | $136.64 Million | ▲ +99.0% |
| 2023 | 0.37x | $62.13 Million | $168.33 Million | $106.20 Million | ▼ -56.7% |
| 2021 | 0.85x | $462.10 Million | $541.65 Million | $79.55 Million | ▲ +2.5% |
| 2020 | 0.83x | $410.99 Million | $493.65 Million | $82.67 Million | ▼ -1.9% |
| 2019 | 0.85x | $350.56 Million | $413.14 Million | $62.58 Million | ▲ +20.3% |
| 2018 | 0.71x | $161.65 Million | $229.26 Million | $67.62 Million | ▲ +18.1% |
| 2017 | 0.60x | $140.28 Million | $234.88 Million | $94.60 Million | ▼ -5.2% |
| 2016 | 0.63x | $182.34 Million | $289.52 Million | $107.19 Million | ▼ -17.5% |
| 2015 | 0.76x | $200.00 Million | $262.11 Million | $62.11 Million | ▲ +64.7% |
| 2014 | 0.46x | $41.60 Million | $89.82 Million | $48.22 Million | ▲ +2295.1% |
| 2013 | 0.02x | $864.00K | $44.68 Million | $43.81 Million | ▼ -96.5% |
| 2012 | 0.55x | $58.99 Million | $107.09 Million | $48.10 Million | ▲ +124.5% |
| 2009 | -2.25x | $-16.69 Million | $7.42 Million | $24.11 Million | ▼ -402.0% |
| 2008 | 0.74x | $87.62 Million | $117.62 Million | $30.00 Million | ▲ +5.7% |
| 2007 | 0.70x | $76.64 Million | $108.74 Million | $32.10 Million | ▲ +235.7% |
| 2001 | -0.52x | $-81.55 Million | $156.99 Million | $238.54 Million | ▲ +52.8% |
| 2000 | -1.10x | $-64.91 Million | $59.04 Million | $123.95 Million | ▲ +33.1% |
| 1999 | -1.64x | $-29.10 Million | $17.70 Million | $46.80 Million | ▼ -14.7% |
| 1998 | -1.43x | $-50.90 Million | $35.50 Million | $86.40 Million | ▼ -950.7% |
| 1997 | 0.17x | $13.50 Million | $80.10 Million | $66.60 Million | — |