• Ciena average operating margin for 2024 was 5.83%, a 22.06% decline from 2023.
• Ciena average operating margin for 2023 was 7.48%, a 19.66% decline from 2022.
• Ciena average operating margin for 2022 was 9.31%, a 32.83% decline from 2021.

Operating margin can be defined as operating margin measurement of what proportion of a company's revenue is left over after paying for variable costs of production such as wages, raw materials, etc.