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.
CIEN
Ciena Corporation
$412.39TechnologyAt close: Aug 7, 2026, 4:00 PM ET
KEYS
Keysight Technologies, Inc.
$340.97TechnologyAt close: Aug 7, 2026, 4:00 PM ET
Total return — CIEN vs KEYS
growth of $100 · dividends reinvested · last 12yCIEN +2794.0%KEYS +1107.0%CIEN compounded faster
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
| Metric | CIEN | KEYS |
|---|---|---|
| P/E ratio | 137.46 | 56.17 |
| Forward P/E | 63.12 | 33.52 |
| P/S ratio | 10.83 | 9.69 |
| P/B ratio | 20.86 | 9.32 |
| PEG ratio | 4.37 | 0.96 |
| EV / EBITDA | 75.46 | 45.29 |
| FCF yield | 1.38% | 2.45% |
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) | 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.
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 August 8, 2026.