Ciena Corporation (CIEN) vs Keysight Technologies, Inc. (KEYS)
KEYS leads on 13 of 16 compared metrics.
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 June 25, 2026. The ● marks the stronger figure on each row (cheaper multiple, higher margin/return).
CIEN
Ciena Corporation
$463.51Technology
KEYS
Keysight Technologies, Inc.
$351.30Technology
Total return — CIEN vs KEYS
growth of $100 · last 12yCIEN +2963.5%KEYS +1143.5%CIEN compounded faster
CIEN KEYS
CIEN vs KEYS: by the numbers
- •CIEN is the larger company ($65.61B vs $60.04B market cap).
- •KEYS trades at the lower earnings multiple (57.87 vs 154.50 P/E).
- •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).
Which is better, CIEN or KEYS?
Metric tally: CIEN 3 · KEYS 13It depends on what you're optimizing for:
ValueKEYS(lower P/E)
GrowthCIEN(faster 5Y revenue CAGR)
QualityKEYS(higher ROIC)
Metrics side by side
Valuation
| Metric | CIEN | KEYS |
|---|---|---|
| P/E ratio | 154.50 | 57.87● |
| Forward P/E | 71.00 | 34.52● |
| P/S ratio | 12.18 | 9.98● |
| P/B ratio | 23.45 | 9.60● |
| PEG ratio | 4.37 | 0.96● |
| EV / EBITDA | 93.54 | 42.45● |
| FCF yield | 1.23% | 2.38%● |
Profitability
| Metric | CIEN | KEYS |
|---|---|---|
| Gross margin | 43.05% | 63.67%● |
| Operating margin | 11.18% | 18.17%● |
| Net margin | 7.87% | 17.25%● |
| ROE | 15.15% | 16.59%● |
| ROIC | 5.35% | 8.02%● |
Growth (annualized)
| Metric | CIEN | KEYS |
|---|---|---|
| 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) | 51.73%● | 18.14% |
Frequently asked
- Which is better, CIEN or KEYS?
- It depends on your goal. value: KEYS (lower P/E); growth: CIEN (faster 5Y revenue CAGR); quality: KEYS (higher ROIC). Across all compared metrics, KEYS leads 13 to 3.
- Is CIEN or KEYS cheaper?
- On trailing earnings, KEYS is cheaper: CIEN trades at a 154.50 P/E and KEYS at 57.87.
- 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%.
- Which has been the better investment, CIEN or KEYS?
- Over the past 10-year, CIEN delivered the higher annualized total return — CIEN at 37.56% versus KEYS at 28.05%. Past performance doesn't predict future results.
Go deeper
Dig into the metrics
Ciena P/E ratioKeysight Technologies P/E ratioCiena dividend yieldKeysight Technologies dividend yieldCiena ROEKeysight Technologies ROECiena operating marginKeysight Technologies operating marginCiena revenue growthKeysight Technologies revenue growthCiena free cash flowKeysight Technologies free cash flow
Ciena & Keysight Technologies appear in these rankings
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 June 25, 2026.