Ciena Corporation (CIEN) vs Teradyne, Inc. (TER)

TER leads on 10 of 16 compared metrics.

A side-by-side comparison of Ciena Corporation and Teradyne, 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 TER

growth of $100 · last 29y
CIEN +257.9%TER +2834.1%TER compounded faster
Log scale — wide-divergence pair
1101001k10kStart $10020022007201220172022$358$2,934
CIEN TER

CIEN vs TER: by the numbers

  • TER is the larger company ($66.87B vs $65.61B market cap).
  • TER trades at the lower earnings multiple (79.11 vs 154.50 P/E).
  • TER converts more revenue to profit (22.55% vs 7.87% net margin).
  • CIEN grew revenue faster over the past five years (10.39% vs 3.76% CAGR).
  • TER pays a dividend (0.12% yield) while CIEN does not currently pay one.

Which is better, CIEN or TER?

Metric tally: CIEN 6 · TER 10

It depends on what you're optimizing for:

ValueTER(lower P/E)
GrowthCIEN(faster 5Y revenue CAGR)
QualityTER(higher ROIC)

Metrics side by side

Valuation

MetricCIENTER
P/E ratio154.5079.11
Forward P/E71.0057.29
P/S ratio12.1817.78
P/B ratio23.4521.42
PEG ratio4.3723.64
EV / EBITDA93.5460.78
FCF yield1.23%0.82%

Profitability

MetricCIENTER
Gross margin43.05%58.79%
Operating margin11.18%26.92%
Net margin7.87%22.55%
ROE15.15%27.17%
ROIC5.35%18.45%

Dividends

MetricCIENTER
Dividend yield0.12%
Payout ratio14.33%

Growth (annualized)

MetricCIENTER
Revenue CAGR (5Y)10.39%3.76%
EPS CAGR (5Y)-17.95%-5.86%
FCF CAGR (5Y)11.11%-3.97%
Total return CAGR (5Y)51.73%27.25%

Frequently asked

Which is better, CIEN or TER?
It depends on your goal. value: TER (lower P/E); growth: CIEN (faster 5Y revenue CAGR); quality: TER (higher ROIC). Across all compared metrics, TER leads 10 to 6.
Is CIEN or TER cheaper?
On trailing earnings, TER is cheaper: CIEN trades at a 154.50 P/E and TER at 79.11.
Which has grown faster, CIEN or TER?
Over the past five years, CIEN grew revenue faster — CIEN at a 10.39% CAGR versus TER at 3.76%.
Does CIEN or TER pay a bigger dividend?
TER pays a dividend (0.12% yield) while CIEN does not currently pay one.
Is CIEN or TER more profitable?
TER runs the higher net margin — CIEN at 7.87% versus TER at 22.55%.
Which has been the better investment, CIEN or TER?
Over the past 10-year, CIEN delivered the higher annualized total return — CIEN at 37.56% versus TER at 37.29%. 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.