Ciena Corporation (CIEN) vs Teradyne, Inc. (TER)
A side-by-side comparison of Ciena Corporation and Teradyne, 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
TER
Teradyne, Inc.
$379.31TechnologyAt close: Aug 7, 2026, 4:00 PM ET
Total return — CIEN vs TER
growth of $100 · dividends reinvested · last 29yCIEN +218.4%TER +2845.4%TER compounded faster
Log scale — wide-divergence pair
CIEN TER
CIEN vs TER: by the numbers
- •TER is the larger company ($59.30B vs $58.38B market cap).
- •TER trades at the lower trailing earnings multiple (52.03 vs 137.46 P/E), one valuation lens rather than an overall verdict.
- •TER converts more revenue to profit (25.77% vs 7.87% net margin).
- •CIEN grew revenue faster over the past five years (10.39% vs 6.58% CAGR).
- •TER pays a dividend (0.13% yield), while CIEN has no payments in the available dividend history.
Metrics side by side
Valuation
| Metric | CIEN | TER |
|---|---|---|
| P/E ratio | 137.46 | 52.03 |
| Forward P/E | 63.12 | 41.20 |
| P/S ratio | 10.83 | 13.40 |
| P/B ratio | 20.86 | 17.40 |
| PEG ratio | 4.37 | 23.64 |
| EV / EBITDA | 75.46 | 40.58 |
| FCF yield | 1.38% | 1.34% |
Profitability
| Metric | CIEN | TER |
|---|---|---|
| Gross margin | 43.05% | 59.31% |
| Operating margin | 11.18% | 21.74% |
| Net margin | 7.87% | 25.77% |
| ROE | 15.15% | 33.46% |
| ROIC | 5.35% | 18.45% |
Dividends
| Metric | CIEN | TER |
|---|---|---|
| Dividend yield | N/A | 0.13% |
| Payout ratio | N/A | 14.33% |
Growth (annualized)
| Metric | CIEN | TER |
|---|---|---|
| Revenue CAGR (5Y) | 10.39% | 6.58% |
| EPS CAGR (5Y) | -17.95% | -5.86% |
| FCF CAGR (5Y) | 11.11% | -8.02% |
| Total return CAGR (5Y) | 48.60% | 24.96% |
Frequently asked
- Which has the lower trailing P/E, CIEN or TER?
- TER has the lower trailing P/E: CIEN trades at 137.46 and TER at 52.03. P/E is one valuation measure and does not by itself establish which business is cheaper.
- 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 6.58%.
- Does CIEN or TER pay a bigger dividend?
- TER pays a dividend (0.13% yield), while CIEN has no payments in the available dividend history.
- Is CIEN or TER more profitable?
- TER runs the higher net margin — CIEN at 7.87% versus TER at 25.77%.
- How have CIEN and TER total returns compared?
- Over the past 10 years, CIEN delivered 35.18% and TER delivered 34.86% annualized total return. Past performance doesn't predict future results.
Go deeper
Dig into the metrics
Ciena P/E ratioTeradyne P/E ratioCiena dividend yieldTeradyne dividend yieldCiena ROETeradyne ROECiena operating marginTeradyne operating marginCiena revenue growthTeradyne revenue growthCiena free cash flowTeradyne free cash flow
Ciena & Teradyne 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.