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Side-by-side financial comparison of CENTURY ALUMINUM CO (CENX) and CIENA CORP (CIEN). Click either name above to swap in a different company.

CIENA CORP is the larger business by last-quarter revenue ($1.2B vs $633.7M, roughly 1.9× CENTURY ALUMINUM CO). CIENA CORP runs the higher net margin — 4.1% vs 0.3%, a 3.8% gap on every dollar of revenue. CIENA CORP produced more free cash flow last quarter ($134.6M vs $67.7M). Over the past eight quarters, CENTURY ALUMINUM CO's revenue compounded faster (13.8% CAGR vs 3.9%).

Century Aluminum Company is a US-based producer of primary aluminum, with aluminum plants in Kentucky, South Carolina and Iceland. It is the largest producer of primary aluminum in the United States. The company is a publicly held corporation listed on the NASDAQ. The headquarters is at One South Wacker in Chicago.

Ciena Corporation is an American optical networking systems and software company based in Hanover, Maryland. The company has been described as a vital player in optical connectivity. The company reported revenues of $4.8 billion and more than 9,000 employees, as of November 2025. Gary Smith serves as president and chief executive officer (CEO).

CENX vs CIEN — Head-to-Head

Bigger by revenue
CIEN
CIEN
1.9× larger
CIEN
$1.2B
$633.7M
CENX
Higher net margin
CIEN
CIEN
3.8% more per $
CIEN
4.1%
0.3%
CENX
More free cash flow
CIEN
CIEN
$66.9M more FCF
CIEN
$134.6M
$67.7M
CENX
Faster 2-yr revenue CAGR
CENX
CENX
Annualised
CENX
13.8%
3.9%
CIEN

Income Statement — Q4 FY2025 vs Q3 FY2025

Metric
CENX
CENX
CIEN
CIEN
Revenue
$633.7M
$1.2B
Net Profit
$1.8M
$50.3M
Gross Margin
13.0%
41.3%
Operating Margin
5.2%
6.0%
Net Margin
0.3%
4.1%
Revenue YoY
0.4%
Net Profit YoY
-96.0%
EPS (diluted)
$0.03
$0.35

Green = leading value per metric. Periods may differ when fiscal calendars don't align.

8-Quarter Revenue & Profit Trend

Side-by-side quarterly history. Quarters aligned by calendar period so offset fiscal years line up.

Revenue
CENX
CENX
CIEN
CIEN
Q4 25
$633.7M
Q3 25
$632.2M
$1.2B
Q2 25
$628.1M
$1.1B
Q1 25
$633.9M
$1.1B
Q4 24
$630.9M
$1.1B
Q3 24
$539.1M
$942.3M
Q2 24
$560.8M
$910.8M
Q1 24
$489.5M
$1.0B
Net Profit
CENX
CENX
CIEN
CIEN
Q4 25
$1.8M
Q3 25
$14.9M
$50.3M
Q2 25
$-4.6M
$9.0M
Q1 25
$29.7M
$44.6M
Q4 24
$45.2M
$37.0M
Q3 24
$47.3M
$14.2M
Q2 24
$-2.5M
$-16.8M
Q1 24
$246.8M
$49.5M
Gross Margin
CENX
CENX
CIEN
CIEN
Q4 25
13.0%
Q3 25
12.2%
41.3%
Q2 25
5.8%
40.2%
Q1 25
9.6%
44.0%
Q4 24
10.5%
40.9%
Q3 24
15.2%
42.9%
Q2 24
3.6%
42.7%
Q1 24
3.4%
45.0%
Operating Margin
CENX
CENX
CIEN
CIEN
Q4 25
5.2%
Q3 25
9.2%
6.0%
Q2 25
3.3%
2.9%
Q1 25
7.3%
7.5%
Q4 24
7.8%
5.3%
Q3 24
11.8%
2.8%
Q2 24
1.1%
-0.4%
Q1 24
0.4%
8.2%
Net Margin
CENX
CENX
CIEN
CIEN
Q4 25
0.3%
Q3 25
2.4%
4.1%
Q2 25
-0.7%
0.8%
Q1 25
4.7%
4.2%
Q4 24
7.2%
3.3%
Q3 24
8.8%
1.5%
Q2 24
-0.4%
-1.8%
Q1 24
50.4%
4.8%
EPS (diluted)
CENX
CENX
CIEN
CIEN
Q4 25
$0.03
Q3 25
$0.15
$0.35
Q2 25
$-0.05
$0.06
Q1 25
$0.29
$0.31
Q4 24
$0.58
$0.26
Q3 24
$0.46
$0.10
Q2 24
$-0.03
$-0.12
Q1 24
$2.26
$0.34

Balance Sheet & Financial Strength

Snapshot of each company's liquidity, leverage and book value from the latest quarter.

Metric
CENX
CENX
CIEN
CIEN
Cash + ST InvestmentsLiquidity on hand
$134.2M
$1.3B
Total DebtLower is stronger
Stockholders' EquityBook value
$805.6M
$2.8B
Total Assets
$2.3B
$5.7B
Debt / EquityLower = less leverage

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
CENX
CENX
CIEN
CIEN
Q4 25
$134.2M
Q3 25
$151.4M
$1.3B
Q2 25
$40.7M
$1.3B
Q1 25
$44.9M
$1.2B
Q4 24
$32.9M
$1.3B
Q3 24
$1.1B
Q2 24
$41.3M
$1.3B
Q1 24
$93.5M
$1.4B
Stockholders' Equity
CENX
CENX
CIEN
CIEN
Q4 25
$805.6M
Q3 25
$741.8M
$2.8B
Q2 25
$724.4M
$2.8B
Q1 25
$726.3M
$2.8B
Q4 24
$694.4M
$2.8B
Q3 24
$628.5M
$2.9B
Q2 24
$601.5M
$2.9B
Q1 24
$601.5M
$2.9B
Total Assets
CENX
CENX
CIEN
CIEN
Q4 25
$2.3B
Q3 25
$2.1B
$5.7B
Q2 25
$1.9B
$5.7B
Q1 25
$2.0B
$5.6B
Q4 24
$1.9B
$5.6B
Q3 24
$2.1B
$5.6B
Q2 24
$1.8B
$5.6B
Q1 24
$1.8B
$5.6B

Cash Flow & Capital Efficiency

How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.

Metric
CENX
CENX
CIEN
CIEN
Operating Cash FlowLast quarter
$102.8M
$174.3M
Free Cash FlowOCF − Capex
$67.7M
$134.6M
FCF MarginFCF / Revenue
10.7%
11.0%
Capex IntensityCapex / Revenue
5.5%
3.3%
Cash ConversionOCF / Net Profit
57.11×
3.47×
TTM Free Cash FlowTrailing 4 quarters
$84.8M
$605.5M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
CENX
CENX
CIEN
CIEN
Q4 25
$102.8M
Q3 25
$2.0M
$174.3M
Q2 25
$7.9M
$156.9M
Q1 25
$72.3M
$103.7M
Q4 24
$-41.4M
$349.4M
Q3 24
$20.1M
$-159.4M
Q2 24
$11.5M
$58.5M
Q1 24
$-14.8M
$266.1M
Free Cash Flow
CENX
CENX
CIEN
CIEN
Q4 25
$67.7M
Q3 25
$-18.1M
$134.6M
Q2 25
$-15.9M
$128.2M
Q1 25
$51.1M
$76.8M
Q4 24
$-54.6M
$265.8M
Q3 24
$-2.4M
$-179.0M
Q2 24
$-5.4M
$41.6M
Q1 24
$-44.5M
$249.5M
FCF Margin
CENX
CENX
CIEN
CIEN
Q4 25
10.7%
Q3 25
-2.9%
11.0%
Q2 25
-2.5%
11.4%
Q1 25
8.1%
7.2%
Q4 24
-8.7%
23.6%
Q3 24
-0.4%
-19.0%
Q2 24
-1.0%
4.6%
Q1 24
-9.1%
24.0%
Capex Intensity
CENX
CENX
CIEN
CIEN
Q4 25
5.5%
Q3 25
3.2%
3.3%
Q2 25
3.8%
2.6%
Q1 25
3.3%
2.5%
Q4 24
2.1%
7.4%
Q3 24
4.2%
2.1%
Q2 24
3.0%
1.9%
Q1 24
6.1%
1.6%
Cash Conversion
CENX
CENX
CIEN
CIEN
Q4 25
57.11×
Q3 25
0.13×
3.47×
Q2 25
17.50×
Q1 25
2.43×
2.33×
Q4 24
-0.92×
9.44×
Q3 24
0.42×
-11.20×
Q2 24
Q1 24
-0.06×
5.37×

Financial Flow Comparison

Revenue → gross profit → operating profit → net profit for each company.

Revenue Breakdown by Segment

CENX
CENX

Aluminum$566.3M89%
Alumina$67.4M11%

CIEN
CIEN

Optical Networking$815.5M67%
Routing And Switching$125.9M10%
Platform Softwareand Services Segment$90.0M7%
Maintenance Support And Training$80.7M7%
Installation And Deployment$65.9M5%
Blue Planet Automation Softwareand Services Segment$27.8M2%
Consulting And Network Design$13.6M1%

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