Ciena Corp (CIEN) — Free Cash Flow Generation Index
Latest as of January 2026:
0.68x
Ciena Corp (CIEN) has a Free Cash Flow Generation Index of 0.68x as of January 2026. Free cash flow of $153.76 Million represents 1% of operating cash flow ($227.65 Million). See CIEN current assets to equity ratio to evaluate short-term liquidity relative to the company's equity base.
FCF Generation Index
0.68x
Free Cash Flow / Operating CF
Free Cash Flow
$153.76 Million
USD
Operating Cash Flow
$227.65 Million
USD
Capital Expenditures
$73.89 Million
USD
Ciena Corp Free Cash Flow Generation Index (1997–2025)
Historical FCF Generation Index trend for Ciena Corp across 21 annual periods. Explore Ciena Corp (CIEN) cash flow to debt to assess how comfortably operating cash covers total debt obligations.
Annual Free Cash Flow Generation for Ciena Corp (1997–2025)
Year-by-year Free Cash Flow Generation Index for Ciena Corp. For the full company profile including market capitalisation, see CIEN market cap overview.
| 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 | — |
FCG Index = Free Cash Flow / Operating Cash Flow. FCF = Operating CF + Capital Expenditures (capex stored negative).