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). Read debt load of Ciena Corp for a breakdown of total debt and financial obligations.
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 capital reinvestment ratio to see what proportion of operating cash flow is directed to capital expenditures.
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 company net worth.
| 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).