Ciena Corporation (CIEN) vs Keysight Technologies, Inc. (KEYS)

A side-by-side comparison of Ciena Corporation and Keysight Technologies, Inc. across valuation, profitability, dividends, and growth — built entirely from reported fundamentals, as of August 8, 2026. Differences are shown without an overall score or investment verdict.

Compare

Total returnCIEN vs KEYS

growth of $100 · dividends reinvested · last 12y
CIEN +2794.0%KEYS +1107.0%CIEN compounded faster
01k2k3k4kStart $100201620182020202220242026$2,894$1,207
CIEN KEYS

CIEN vs KEYS: by the numbers

  • CIEN is the larger company ($58.38B vs $58.27B market cap).
  • KEYS trades at the lower trailing earnings multiple (56.17 vs 137.46 P/E), one valuation lens rather than an overall verdict.
  • KEYS converts more revenue to profit (17.25% vs 7.87% net margin).
  • CIEN grew revenue faster over the past five years (10.39% vs 5.62% CAGR).

Metrics side by side

Valuation

MetricCIENKEYS
P/E ratio137.4656.17
Forward P/E63.1233.52
P/S ratio10.839.69
P/B ratio20.869.32
PEG ratio4.370.96
EV / EBITDA75.4645.29
FCF yield1.38%2.45%

Profitability

MetricCIENKEYS
Gross margin43.05%63.67%
Operating margin11.18%18.17%
Net margin7.87%17.25%
ROE15.15%16.59%
ROIC5.35%8.02%

Growth (annualized)

MetricCIENKEYS
Revenue CAGR (5Y)10.39%5.62%
EPS CAGR (5Y)-17.95%7.90%
FCF CAGR (5Y)11.11%5.73%
Total return CAGR (5Y)48.60%15.39%

Frequently asked

Which has the lower trailing P/E, CIEN or KEYS?
KEYS has the lower trailing P/E: CIEN trades at 137.46 and KEYS at 56.17. P/E is one valuation measure and does not by itself establish which business is cheaper.
Which has grown faster, CIEN or KEYS?
Over the past five years, CIEN grew revenue faster — CIEN at a 10.39% CAGR versus KEYS at 5.62%.
Is CIEN or KEYS more profitable?
KEYS runs the higher net margin — CIEN at 7.87% versus KEYS at 17.25%.
How have CIEN and KEYS total returns compared?
Over the past 10 years, CIEN delivered 35.18% and KEYS delivered 27.97% annualized total return. Past performance doesn't predict future results.

Figures are sourced from reported fundamentals and the latest end-of-day price. This comparison is informational only and is not investment advice. Past performance does not predict future results. See our methodology. Compiled by TGMCharts Research · data verified August 8, 2026.