CIENA CORP Annual Operating Margin in % from 2016 to 2023

Taxonomy & unit
ratio: %
Description
The operating margin measures the profit a company makes on a dollar of sales after accounting for the direct costs involved in earning those revenues.
Summary
Ciena Corp quarterly/annual Operating Margin history and growth rate from 2016 to 2023.
  • Ciena Corp Operating Margin for the quarter ending July 27, 2024 was 4.94 %, a 39.1% decline year-over-year.
  • Ciena Corp annual Operating Margin for 2023 was 8.15 %, a 32.9% increase from 2022.
  • Ciena Corp annual Operating Margin for 2022 was 6.13 %, a 55.2% decline from 2021.
  • Ciena Corp annual Operating Margin for 2021 was 13.7 %, a 0.8% decline from 2020.
Operating Margin, Annual (%)
Operating Margin, YoY Annual Growth (%)
Period Value YoY Chg Change % Start Date End Date
2023 8.15 +2.02 +32.9% Oct 30, 2022 Oct 28, 2023
2022 6.13 -7.55 -55.2% Oct 31, 2021 Oct 29, 2022
2021 13.7 -0.11 -0.8% Nov 1, 2020 Oct 30, 2021
2020 13.8 +4.08 +42% Nov 3, 2019 Oct 31, 2020
2019 9.71 +2.28 +30.7% Nov 4, 2018 Nov 2, 2019
2018 7.43 -0.23 -3% Nov 1, 2017 Nov 3, 2018
2017 7.66 +1.66 +27.6% Nov 1, 2016 Oct 31, 2017
2016 6.01 Nov 1, 2015 Oct 31, 2016
* An asterisk sign (*) next to the value indicates that the value is likely invalid.