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Ciena (STU:CIE1) Tax Rate % : 22.89% (As of Oct. 2024)


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What is Ciena Tax Rate %?

Tax Rate % is calculated as Tax Expense divided by its Pre-Tax Income. Ciena's Tax Expense for the three months ended in Oct. 2024 was €10 Mil. Ciena's Pre-Tax Income for the three months ended in Oct. 2024 was €44 Mil. Therefore, Ciena's Tax Rate % for the quarter that ended in Oct. 2024 was 22.89%.

Ciena Tax Rate % Historical Data

The historical data trend for Ciena's Tax Rate % can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

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Ciena Tax Rate % Chart

Ciena Annual Data
Trend Oct15 Oct16 Oct17 Oct18 Oct19 Oct20 Oct21 Oct22 Oct23 Oct24
Tax Rate %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 20.76 -8.09 16.22 21.27 29.95

Ciena Quarterly Data
Jan20 Apr20 Jul20 Oct20 Jan21 Apr21 Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23 Jan24 Apr24 Jul24 Oct24
Tax Rate % Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only -29.33 30.71 -5.11 12.99 22.89

Ciena Tax Rate % Calculation

Tax Rate % is the ratio of tax expense divided by pretax income, usually presented in percent.

Ciena's Tax Rate % for the fiscal year that ended in Oct. 2024 is calculated as

Tax Rate %=Tax Expense (A: Oct. 2024 )/Pre-Tax Income (A: Oct. 2024 )
=32.951/110.022
=29.95 %

Ciena's Tax Rate % for the quarter that ended in Oct. 2024 is calculated as

Tax Rate %=Tax Expense (Q: Oct. 2024 )/Pre-Tax Income (Q: Oct. 2024 )
=10.092/44.083
=22.89 %

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Ciena Tax Rate % Related Terms

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Ciena Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Technology » Hardware » Ciena Corp (STU:CIE1) » Definitions » Tax Rate %
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Traded in Other Exchanges
CIEN:USA CIEN:Mexico 1CIEN:Italy CIE1:Germany
Address
7035 Ridge Road, Hanover, MD, USA, 21076
Website
https://www.ciena.com
Ciena Corp is a network and technology company. It provides network hardware, software, and services that support the transport, switching, aggregation, service delivery, and management of video, data, and voice traffic on communications networks. It serves various industries such as communication services providers, web-scale providers, cable operators, government, and large enterprises world-wide. The business activities function through Networking Platforms; Platform Software and Services; Blue Planet Automation Software, and Global Services segments. Geographically, its presence is seen in the markets of the United States, Canada, the Caribbean, Latin America, Europe, the Middle East, Africa, the Asia Pacific, Japan, and India. The maximum revenue is generated from Americas.

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