Ciena Corp (CIEN) - Net Assets
Based on the latest financial reports, Ciena Corp (CIEN) has net assets worth $2.79 Billion USD as of January 2026. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets ($5.89 Billion) and total liabilities ($3.10 Billion). This figure indicates the residual interest in the assets after deducting liabilities, essentially showing what would remain for shareholders if all assets were liquidated and all debts paid off. Check asset resilience ratio of Ciena Corp to evaluate the company's liquid asset resilience ratio.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | $2.79 Billion |
| % of Total Assets | 47.39% |
| Annual Growth Rate | 7.46% |
| 5-Year Change | -9.63% |
| 10-Year Change | 256.15% |
| Growth Volatility | 157.62 |
Ciena Corp - Net Assets Trend (1997–2025)
This chart illustrates how Ciena Corp's net assets have evolved over time, based on quarterly financial data. Also explore Ciena Corp balance sheet assets for the complete picture of this company's asset base.
Annual Net Assets for Ciena Corp (1997–2025)
The table below shows the annual net assets of Ciena Corp from 1997 to 2025. For live valuation and market cap data, see Ciena Corp market cap and net worth.
| Year | Net Assets | Change |
|---|---|---|
| 2025-10-31 | $2.73 Billion | -3.08% |
| 2024-10-31 | $2.82 Billion | -1.13% |
| 2023-10-31 | $2.85 Billion | +4.99% |
| 2022-10-31 | $2.71 Billion | -10.17% |
| 2021-10-31 | $3.02 Billion | +20.34% |
| 2020-10-31 | $2.51 Billion | +15.50% |
| 2019-10-31 | $2.17 Billion | +12.62% |
| 2018-10-31 | $1.93 Billion | -9.69% |
| 2017-10-31 | $2.14 Billion | +178.77% |
| 2016-10-31 | $766.34 Million | +23.43% |
| 2015-10-31 | $620.88 Million | +991.87% |
| 2014-10-31 | $-69.61 Million | +15.80% |
| 2013-10-31 | $-82.68 Million | +7.08% |
| 2012-10-31 | $-88.97 Million | -741.33% |
| 2011-10-31 | $13.87 Million | -91.29% |
| 2010-10-31 | $159.29 Million | -65.05% |
| 2009-10-31 | $455.84 Million | -54.37% |
| 2008-10-31 | $998.95 Million | +17.50% |
| 2007-10-31 | $850.15 Million | +12.81% |
| 2006-10-31 | $753.63 Million | +2.48% |
| 2005-10-31 | $735.37 Million | -36.30% |
| 2004-10-31 | $1.15 Billion | -13.25% |
| 2003-10-31 | $1.33 Billion | -12.86% |
| 2002-10-31 | $1.53 Billion | -28.26% |
| 2001-10-31 | $2.13 Billion | +162.89% |
| 2000-10-31 | $809.84 Million | +52.66% |
| 1999-10-31 | $530.50 Million | +11.71% |
| 1998-10-31 | $474.90 Million | +30.61% |
| 1997-10-31 | $363.60 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to Ciena Corp's total equity over time. Equity components include common stock, retained earnings, additional paid-in capital, and other elements.
Equity Composition Insights
- Retained earnings have decreased by 2798.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (October 2025)
| Component | Amount | Percentage |
|---|---|---|
| Common Stock | $1.41 Million | 0.05% |
| Other Comprehensive Income | $-55.03 Million | -2.02% |
| Other Components | $5.95 Billion | 218.11% |
| Total Equity | $2.73 Billion | 100.00% |
Ciena Corp Competitors by Market Cap
The table below lists competitors of Ciena Corp ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Itaú Unibanco Holding S.A
F:BVXB
|
$45.17 Billion |
|
RIO Tinto Ltd
AU:RIO
|
$45.18 Billion |
|
Shanghai Pudong Development Bank Co Ltd
SHG:600000
|
$45.18 Billion |
|
IDEXX Laboratories Inc
NASDAQ:IDXX
|
$45.31 Billion |
|
Cheniere Energy Inc
NYSE MKT:LNG
|
$44.96 Billion |
|
Ambev S.A
MX:ABEVN
|
$44.92 Billion |
|
UCB S.A. UNSP.ADR 1/2
F:UNC0
|
$44.84 Billion |
|
Compagnie de Saint-Gobain S.A.
PA:SGO
|
$44.75 Billion |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Ciena Corp's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2024 to 2025, total equity changed from 2,816,138,000 to 2,729,323,000, a change of -86,815,000 (-3.1%).
- Net income of 123,338,000 contributed positively to equity growth.
- Share repurchases of 334,507,000 reduced equity.
- New share issuances of 35,876,000 increased equity.
- Other comprehensive income decreased equity by 8,324,000.
- Other factors increased equity by 96,802,000.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | $123.34 Million | +4.52% |
| Share Repurchases | $334.51 Million | -12.26% |
| Share Issuances | $35.88 Million | +1.31% |
| Other Comprehensive Income | $-8.32 Million | -0.3% |
| Other Changes | $96.80 Million | +3.55% |
| Total Change | $- | -3.08% |
Book Value vs Market Value Analysis
This analysis compares Ciena Corp's book value (net assets) with its market value over time. The relationship between these values can provide insights into investor sentiment and company valuation.
Valuation Insights
- Current price-to-book ratio: 28.49x
- The company is trading at a significant premium to its book value, suggesting the market values its earnings potential, brand, or other intangibles highly.
- The price-to-book ratio has decreased from 43.56x to 28.49x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 1997-10-31 | $12.29 | $535.29 | x |
| 1998-10-31 | $12.99 | $535.29 | x |
| 1999-10-31 | $13.90 | $535.29 | x |
| 2000-10-31 | $18.91 | $535.29 | x |
| 2001-10-31 | $47.78 | $535.29 | x |
| 2002-10-31 | $29.27 | $535.29 | x |
| 2003-10-31 | $20.85 | $535.29 | x |
| 2004-10-31 | $15.49 | $535.29 | x |
| 2005-10-31 | $8.95 | $535.29 | x |
| 2006-10-31 | $8.87 | $535.29 | x |
| 2007-10-31 | $8.54 | $535.29 | x |
| 2008-10-31 | $9.03 | $535.29 | x |
| 2009-10-31 | $5.00 | $535.29 | x |
| 2010-10-31 | $1.71 | $535.29 | x |
| 2011-10-31 | $0.14 | $535.29 | x |
| 2012-10-31 | $-0.90 | $535.29 | x |
| 2013-10-31 | $-0.81 | $535.29 | x |
| 2014-10-31 | $-0.66 | $535.29 | x |
| 2015-10-31 | $5.17 | $535.29 | x |
| 2016-10-31 | $5.09 | $535.29 | x |
| 2017-10-31 | $12.57 | $535.29 | x |
| 2018-10-31 | $13.42 | $535.29 | x |
| 2019-10-31 | $13.79 | $535.29 | x |
| 2020-10-31 | $16.09 | $535.29 | x |
| 2021-10-31 | $19.27 | $535.29 | x |
| 2022-10-31 | $17.83 | $535.29 | x |
| 2023-10-31 | $19.07 | $535.29 | x |
| 2024-10-31 | $19.29 | $535.29 | x |
| 2025-10-31 | $18.79 | $535.29 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Ciena Corp utilizes its equity to generate returns, including Return on Equity (ROE) and its components based on the DuPont analysis framework.
Capital Efficiency Insights
- Current Return on Equity (ROE): 4.52%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 2.59%
- • Asset Turnover: 0.81x
- • Equity Multiplier: 2.15x
- Recent ROE (4.52%) is above the historical average (-65.84%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 1997 | 31.05% | 30.20% | 0.84x | 1.23x | $76.54 Million |
| 1998 | 11.20% | 10.47% | 0.89x | 1.21x | $5.71 Million |
| 1999 | -0.74% | -0.81% | 0.71x | 1.28x | $-56.95 Million |
| 2000 | 10.05% | 9.48% | 0.84x | 1.27x | $403.50K |
| 2001 | -84.27% | -111.90% | 0.48x | 1.56x | $-2.01 Billion |
| 2002 | -104.60% | -442.33% | 0.13x | 1.80x | $-1.75 Billion |
| 2003 | -29.04% | -136.51% | 0.12x | 1.79x | $-519.60 Million |
| 2004 | -68.39% | -264.29% | 0.14x | 1.85x | $-904.91 Million |
| 2005 | -59.25% | -101.98% | 0.26x | 2.28x | $-509.24 Million |
| 2006 | 0.08% | 0.11% | 0.31x | 2.44x | $-74.77 Million |
| 2007 | 9.74% | 10.62% | 0.32x | 2.84x | $-2.23 Million |
| 2008 | 3.89% | 4.31% | 0.45x | 2.03x | $-61.00 Million |
| 2009 | -127.49% | -89.05% | 0.43x | 3.30x | $-626.74 Million |
| 2010 | -209.37% | -26.97% | 0.58x | 13.30x | $-349.44 Million |
| 2011 | -1409.36% | -11.22% | 0.89x | 140.66x | $-196.91 Million |
| 2012 | 0.00% | -7.85% | 0.97x | 0.00x | $-135.12 Million |
| 2013 | 0.00% | -4.10% | 1.16x | 0.00x | $-77.16 Million |
| 2014 | 0.00% | -1.78% | 1.10x | 0.00x | $-33.68 Million |
| 2015 | 1.88% | 0.48% | 0.91x | 4.34x | $-50.42 Million |
| 2016 | 9.47% | 2.79% | 0.90x | 3.76x | $-4.05 Million |
| 2017 | 59.07% | 45.04% | 0.71x | 1.85x | $1.05 Billion |
| 2018 | -17.87% | -11.14% | 0.82x | 1.95x | $-537.62 Million |
| 2019 | 11.66% | 7.09% | 0.92x | 1.79x | $36.16 Million |
| 2020 | 14.40% | 10.23% | 0.84x | 1.67x | $110.33 Million |
| 2021 | 16.56% | 13.81% | 0.74x | 1.61x | $198.19 Million |
| 2022 | 5.64% | 4.21% | 0.72x | 1.87x | $-118.38 Million |
| 2023 | 8.95% | 5.81% | 0.78x | 1.97x | $-30.01 Million |
| 2024 | 2.98% | 2.09% | 0.71x | 2.00x | $-197.66 Million |
| 2025 | 4.52% | 2.59% | 0.81x | 2.15x | $-149.59 Million |
Industry Comparison
This section compares Ciena Corp's net assets metrics with peer companies in the Communication Equipment industry.
Industry Context
- Industry: Communication Equipment
- Average net assets among peers: $224,684,605
- Average return on equity (ROE) among peers: -33.75%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Ciena Corp (CIEN) | $2.79 Billion | 31.05% | 1.11x | $45.06 Billion |
| Applied Opt (AAOI) | $277.89 Million | -21.03% | 0.73x | $2.97 Billion |
| ADTRAN Inc (ADTN) | $446.28 Million | -4.33% | 0.41x | $829.20 Million |
| Airgain Inc (AIRG) | $2.67 Million | -84.80% | 1.52x | $58.36 Million |
| Akoustis Technologies, Inc. (AKTSQ) | $86.24 Million | -73.70% | 0.73x | $138.60K |
| Amplitech Group Inc (AMPG) | $-538.74K | 0.00% | 0.00x | $51.62 Million |
| Actelis Networks Inc. (ASNS) | $2.98 Million | -146.53% | 1.76x | $725.26K |
| Ast Spacemobile Inc (ASTS) | $359.83 Million | -8.79% | 0.22x | $19.68 Billion |
| Aviat Networks Inc (AVNW) | $201.75 Million | 10.49% | 0.61x | $274.17 Million |
| Belden Inc (BDC) | $819.24 Million | 1.85% | 0.70x | $4.49 Billion |
| BK Technologies Inc (BKTI) | $50.50 Million | -10.69% | 0.37x | $295.52 Million |
About Ciena Corp
Ciena Corporation, a network technology company, provides hardware, software, and services for various network operators in the Americas, Europe, the Middle East, Africa, the Asia Pacific, Japan, and India. It operates through Networking Platforms, Platform Software and Services, Blue Planet Automation Software and Services, and Global Services segments. The Networking Platforms segment consists … Read more