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).
Total return — CIEN vs TER
growth of $100 · last 29yCIEN +257.9%TER +2834.1%TER compounded faster
Log scale — wide-divergence pair
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 10It depends on what you're optimizing for:
ValueTER(lower P/E)
GrowthCIEN(faster 5Y revenue CAGR)
QualityTER(higher ROIC)
Metrics side by side
Valuation
| Metric | CIEN | TER |
|---|---|---|
| P/E ratio | 154.50 | 79.11● |
| Forward P/E | 71.00 | 57.29● |
| P/S ratio | 12.18● | 17.78 |
| P/B ratio | 23.45 | 21.42● |
| PEG ratio | 4.37● | 23.64 |
| EV / EBITDA | 93.54 | 60.78● |
| FCF yield | 1.23%● | 0.82% |
Profitability
| Metric | CIEN | TER |
|---|---|---|
| Gross margin | 43.05% | 58.79%● |
| Operating margin | 11.18% | 26.92%● |
| Net margin | 7.87% | 22.55%● |
| ROE | 15.15% | 27.17%● |
| ROIC | 5.35% | 18.45%● |
Dividends
| Metric | CIEN | TER |
|---|---|---|
| Dividend yield | — | 0.12% |
| Payout ratio | — | 14.33% |
Growth (annualized)
| Metric | CIEN | TER |
|---|---|---|
| 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.
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 June 25, 2026.