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).

Compare

Total return — CIEN vs KEYS

growth of $100 · last 12y
CIEN +2963.5%KEYS +1143.5%CIEN compounded faster
01k2k3k4kStart $100201620182020202220242026$3,064$1,244
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 13

It depends on what you're optimizing for:

ValueKEYS(lower P/E)
GrowthCIEN(faster 5Y revenue CAGR)
QualityKEYS(higher ROIC)

Metrics side by side

Valuation

MetricCIENKEYS
P/E ratio154.5057.87
Forward P/E71.0034.52
P/S ratio12.189.98
P/B ratio23.459.60
PEG ratio4.370.96
EV / EBITDA93.5442.45
FCF yield1.23%2.38%

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)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.

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.