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Ciena Corp  (CIEN)
Other Ticker:  
 
    Sector  Technology    Industry Communications Equipment


Ciena's Effective Tax Rate by quarter

Trends, Rankings, Statistics



CIEN Effective Tax Rate (May 01 2021)
II. Quarter
(Jan 30 2021)
I. Quarter
(Oct 31 2020)
IV. Quarter
(Aug 01 2020)
III. Quarter
(May 02 2020)
II. Quarter
Y / Y Pre-Tax Income Change 6.5 % -6.69 % 3.57 % 54.79 % 65.66 %
Seq. Pre-Tax Income Change 85.06 % -21.58 % -52.58 % 54.76 % 62.13 %
Pre-Tax Income In Millions $124.57 $67.31 $85.84 $181.02 $116.96
Effective Tax Rate 17.22 % 17.78 % 24.23 % 21.41 % 21.64 %
Effective Tax Rate Total Ranking # 605 # 660 # 1284 # 825 # 840
Income taxes expenses / -benefit In Millions $21.45 $11.97 $20.80 $38.75 $25.31
Y / Y Income taxes expenses / -benefit Change -15.23 % 21.93 % 714.97 % 28.32 % 41.65 %
Seq. Income taxes expenses / -benefit Change 79.28 % -42.47 % -46.33 % 53.11 % 157.88 %


Commenting Second Quarter 2021 Effective Tax Rate
Company's effective tax rate in II. Quarter decreased compare to previous quarter to 17.22 %, below company's average Effective Tax Rate.

Looking into II. Quarter results within Communications Equipment industry 6 other companies have achieved lower Effective Tax Rate. While Effective Tax Rate total ranking has impoved so far to 605, from total ranking in previous quarter at 660.

CIEN's Effective Tax Rate second quarter 2021 Company Ranking
Within: No.
Communications Equipment Industry # 7
Technology Sector # 97
Overall # 605

CIEN's Effective Tax Rate Statistics
High Average Low
10442.21 % 358.83 % 2.88 %
(Jan 31 2018)   (July 31. 2007)




Other Effective Tax Rate Profitability Ratios
CIEN's Cumulative Effective Tax Rate
Communications Equipment Industry Effective Tax Rate Trends and Statistics
Technology Sector Effective Tax Rate Statistics
Effective Tax Rate Profitability Trends for overall market
CIEN's Effective Tax Rate Profitability versus Communications Equipment Industry, Technology Sector and total Market
Highest Ranking Effective Tax Rate
Lowest Ranking Effective Tax Rate
Effective Tax Rate Profit Margin for CIEN's Competitors
Effective Tax Rate Profit Margin for Ciena's Suppliers
Effective Tax Rate Profit Margin for CIEN's Customers

You may also want to know
CIEN's Annual Growth Rates CIEN's Profitability Ratios CIEN's Asset Turnover Ratio CIEN's Dividend Growth
CIEN's Roe CIEN's Valuation Ratios CIEN's Financial Strength Ratios CIEN's Income taxes expenses / -benefit Growth
CIEN's Roa CIEN's Inventory Turnover Ratio CIEN's Growth Rates CIEN's Dividend Comparisons


Companies with similar Effective Tax Rate in the quarter ending May 01 2021, within Communications Equipment Industry Effective Tax RateMay 01 2021 MRQ Income taxes expenses / -benefitMay 01 2021 MRQ Pre-Tax Income
Viasat Inc   37.61 %$ 8.868 $ 23.577 
Sonic Foundry Inc  34.77 %$ 0.137 $ 0.394 
Comtech Telecommunications Corp  28.52 %$ 0.316 $ 1.108 
Corning Inc  27.39 %$ 226.000 $ 825.000 
Netgear Inc   25.39 %$ 7.815 $ 30.775 
Amphenol Corporation  23.88 %$ 104.100 $ 435.900 
Esco Technologies inc   23.55 %$ 5.025 $ 21.339 
Echostar Corporation  22.21 %$ 22.147 $ 99.719 
Franklin Wireless Corp  22.12 %$ 1.192 $ 5.389 
Clearfield Inc   20.44 %$ 0.935 $ 4.575 
Te Connectivity ltd   17.35 %$ 106.000 $ 611.000 
Qualcomm Inc  17.24 %$ 367.000 $ 2,129.000 
Ciena Corp  17.22 %$ 21.453 $ 124.570 
Motorola Solutions inc   15.22 %$ 44.000 $ 289.000 
Napco Security Technologies inc  12.52 %$ 0.624 $ 4.984 
L3harris Technologies Inc   11.39 %$ 60.000 $ 527.000 
Dolby Laboratories Inc   10.57 %$ 9.022 $ 85.367 
Lumentum Holdings Inc   5.42 %$ 27.400 $ 505.800 
Fabrinet  4.08 %$ 1.595 $ 39.088 


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