Zebra Technologies [ZBRA] vs Ciena [CIEN] Detailed Stock Comparison

TLDR: Quick Comparison Summary

Based on 20 vital metrics comparison: Zebra Technologies Corporation wins in 15 metrics, Ciena Corporation wins in 5 metrics, with 0 ties. Zebra Technologies Corporation appears stronger overall.

View Metrics Details

Vital Metrics Comparison

Metric Zebra Technologies Corporation Ciena Corporation Better
P/E Ratio (TTM) 28.25 332.81 Zebra Technologies Corporation
Price-to-Book Ratio 3.19 26.13 Zebra Technologies Corporation
Debt-to-Equity Ratio 75.17 56.93 Ciena Corporation
PEG Ratio -0.51 1.38 Ciena Corporation
EV/EBITDA 14.15 128.36 Zebra Technologies Corporation
Profit Margin (TTM) 7.76% 4.47% Zebra Technologies Corporation
Operating Margin (TTM) 15.05% 13.40% Zebra Technologies Corporation
EBITDA Margin (TTM) 15.05% 13.40% Zebra Technologies Corporation
Return on Equity 11.68% 8.20% Zebra Technologies Corporation
Return on Assets (TTM) 6.07% 4.58% Zebra Technologies Corporation
Free Cash Flow (TTM) $831.00M $665.29M Zebra Technologies Corporation
1-Year Return -15.92% 624.74% Ciena Corporation
Price-to-Sales Ratio (TTM) 2.11 14.23 Zebra Technologies Corporation
Enterprise Value $13.94B $73.23B Ciena Corporation
EV/Revenue Ratio 2.58 14.29 Zebra Technologies Corporation
Gross Profit Margin (TTM) 47.32% 43.83% Zebra Technologies Corporation
Revenue per Share (TTM) $106 $36 Zebra Technologies Corporation
Earnings per Share (Diluted) $8.18 $1.55 Zebra Technologies Corporation
Beta (Stock Volatility) 1.66 1.02 Ciena Corporation
Short % of Float 5.21% 6.66% Zebra Technologies Corporation

Zebra Technologies Corporation vs Ciena Corporation Stock Performance Analysis

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Performance Comparison

Short-term Returns

Stock1D1W1M3M6MYTD
Zebra Technologies Corporation-2.02%-1.27%11.43%10.61%-3.87%0.40%
Ciena Corporation-1.06%6.58%15.20%86.26%220.85%152.12%

Long-term Returns

Stock1Y3Y5Y10Y15Y20Y
Zebra Technologies Corporation-15.92%-12.37%-52.84%344.91%485.51%562.40%
Ciena Corporation624.74%1,105.55%866.89%2,659.06%2,236.81%1,682.58%

Performance & Financial Health Analysis: Zebra Technologies Corporation vs Ciena Corporation

MetricZBRACIEN
Market Information
Market Cap i$11.16B$73.64B
Market Cap CategoryLarge capLarge cap
10 Day Avg. Volume i789,0112,506,790
90 Day Avg. Volume i723,9103,034,150
Last Close$249.30$620.37
52 Week Range$199.05 - $352.66$70.77 - $637.51
% from 52W High-29.31%-2.69%
All-Time High$615.00 (Dec 06, 2021)$1,057.00 (Oct 16, 2000)
% from All-Time High-59.46%-41.31%
Growth Metrics
Quarterly Revenue Growth0.11%0.33%
Quarterly Earnings Growth-0.57%2.37%
Financial Health
Profit Margin (TTM) i0.08%0.04%
Operating Margin (TTM) i0.15%0.13%
Return on Equity (TTM) i0.12%0.08%
Debt to Equity (MRQ) i75.1756.93
Cash & Liquidity
Book Value per Share (MRQ)$72.35$19.74
Cash per Share (MRQ)$2.54$9.19
Operating Cash Flow (TTM) i$917.00M$930.01M
Levered Free Cash Flow (TTM) i$658.50M$699.30M
Dividends
Last 12-Month Dividend Yield iN/AN/A
Last 12-Month Dividend iN/AN/A

Valuation & Enterprise Metrics Analysis: Zebra Technologies Corporation vs Ciena Corporation

MetricZBRA (Apr 24, 2026)CIEN (Apr 26, 2026)
Price Ratios
P/E Ratio (TTM) i28.25332.81
Forward P/E i11.5161.04
PEG Ratio i-0.511.38
Price to Sales (TTM) i2.1114.23
Price to Book (MRQ) i3.1926.13
Market Capitalization
Market Capitalization i$11.16B$73.64B
Enterprise Value i$13.94B$73.23B
Enterprise Value Metrics
Enterprise to Revenue i2.5814.29
Enterprise to EBITDA i14.15128.36
Risk & Other Metrics
Beta i1.661.02
Book Value per Share (MRQ) i$72.35$19.74

Financial Statements Comparison: Zebra Technologies Corporation vs Ciena Corporation

Financial Metrics

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Revenue

Operating Margin

Profit Margin

Long Term Debt

Income Flow Analysis

Financial Statements Comparison

Income Statement

MetricZBRA (2025)CIEN (2025)
Revenue/Sales i5.40B4.77B
Cost of Goods Sold i2.80B2.76B
COGS % of Revenue i51.9%58.0%
Gross Profit i2.59B2.00B
Gross Margin i48.1%42.0%
Research & Development i593.00M848.33M
Operating Income (EBIT) i800.00M310.79M
Operating Margin i14.8%6.5%
EBITDA i971.00M506.15M
EBITDA Margin i18.0%10.6%
Pre-Tax Income i560.00M156.29M
Pre-Tax Income % of Revenue i10.4%3.3%
Income Tax i141.00M32.95M
Income Tax % of Revenue i2.6%0.7%
Net Income (Profit) i419.00M123.34M
Profit Margin i7.8%2.6%

Balance Sheet & Liquidity Metrics

MetricZBRA (2025)CIEN (2025)
Cash & Equivalents i125.00M1.09B
Total Current Assets i1.80B3.57B
Total Current Assets % of Revenue i33.3%74.8%
Total Current Liabilities i1.85B1.31B
Total Current Liabilities % of Revenue i34.3%27.4%
Long-Term Debt i2.52B1.60B
Long-Term Debt % of Revenue i46.7%33.4%
Total Shareholders Equity i3.59B2.73B
Retained Earnings i5.28B-3.17B
Retained Earnings % of Revenue i97.8%-66.5%
Property, Plant & Equipment i166.00M38.61M

Cash Flow Statement Comparison

MetricZBRA (2025)CIEN (2025)
Operating Cash Flow i901.00M647.02M
Operating Cash Flow % of Revenue i16.7%13.6%
Capital Expenditures i-86.00M-140.80M
Free Cash Flow i831.00M665.29M
FCF Margin i15.4%13.9%
Debt Repayment i-19.00M-35.14M
Common Stock Repurchase i-587.00M-425.82M

Short Interest & Institutional Ownership Analysis

MetricZBRACIEN
Shares Short i2.16M5.98M
Short Ratio i3.101.72
Short % of Float i5.21%6.66%
Shares Outstanding i49.59M141.45M
Float Shares i48.73M140.60M
% Held by Insiders i0.83%0.58%
% Held by Institutions i100.36%99.24%
% Held by Public i-1.19%0.18%

Dividend Analysis & Yield Comparison: Zebra Technologies Corporation vs Ciena Corporation

MetricZBRACIEN
Last 12-Month Dividend iN/AN/A
Last 12-Month Dividend Yield iN/AN/A
3-Year Avg Annual Dividend iN/AN/A
3-Year Avg Dividend Yield iN/AN/A
3-Year Total Dividends iN/AN/A
Ex-Dividend DateN/AN/A