CDW vs. CIEN: CDW vs. Ciena Stock Comparison
How do CDW (CDW) and Ciena (CIEN) stack up? This page sets them side by side across company profile, performance and risk, profitability, growth, financial strength, dividends, and valuation, with selected fundamentals also measured against each stock's industry-group peers.
Company Profile
CDW (CDW) and Ciena (CIEN) both fall under the Technology Hardware & Equipment industry group, but CDW is classified in Electronic Equipment, Instruments & Components while CIEN is classified in Communications Equipment.
| Profile Item | CDW | CIEN |
|---|---|---|
| Name | CDW Corporation | Ciena Corp. |
| Country/Region | United States | United States |
| GICS Sector | Information Technology | Information Technology |
| GICS Industry Group | Technology Hardware & Equipment | Technology Hardware & Equipment |
| GICS Industry | Electronic Equipment, Instruments & Components | Communications Equipment |
| GICS Sub-Industry | Technology Distributors | Communications Equipment |
| Market Capitalization | 19.60 billion USD | 34.51 billion USD |
| Currency | USD | USD |
| Exchange | Nasdaq | NYSE |
| Listing Date | June 27, 2013 | February 7, 1997 |
| Security Type | Common Stock | Common Stock |
Price Performance
Cumulative Growth
Trailing Returns
Calendar-Year Returns
Performance Metrics
| Metric | CDW | CIEN |
|---|---|---|
| Total Return (1Y) | 16.85% | 36.49% |
| Total Return (3Y, Annualized) | -6.46% | 84.56% |
| Total Return (5Y, Annualized) | -1.35% | 35.01% |
Risk Profile
Drawdown History
Return Distribution
Risk Metrics
| Metric | CDW | CIEN |
|---|---|---|
| Volatility (1Y, Annualized) | 48.60% | 81.12% |
| Beta (5Y) | 0.90 | 1.39 |
| Max Drawdown (5Y) | -60.37% | -63.19% |
| Avg. Volume (3M) | 1.60M | 2.83M |
Risk-Adjusted Performance
Risk-Return Positioning
Risk-Adjusted Metrics
| Metric | CDW | CIEN |
|---|---|---|
| Sharpe Ratio (1Y) | 0.26 | 0.40 |
| Sortino Ratio (1Y) | 0.37 | 0.56 |
Profitability
ROE (TTM)
Both CDW (CDW) at 42.47% and Ciena (CIEN) at 22.40% sit in the top peer quartile for ROE, suggesting each generates more profit from shareholders’ equity than typical industry peers.
CDW
Technology Hardware & Equipment industry group
42.47%
- CDW
- 42.47%
- Max
- 42.47%
- Q3
- 19.13%
- Median
- 11.00%
- Q1
- 1.63%
- Min
- -20.62%
CIEN
Technology Hardware & Equipment industry group
22.40%
- Max
- 42.47%
- CIEN
- 22.40%
- Q3
- 19.13%
- Median
- 11.00%
- Q1
- 1.63%
- Min
- -20.62%
Net Margin (TTM)
Both CDW (CDW) at 4.48% and Ciena (CIEN) at 10.87% keep about the typical share of revenue as profit for their industries — neither bottom line stands out from peers.
CDW
Technology Hardware & Equipment industry group
4.48%
- Max
- 27.60%
- Q3
- 11.66%
- CDW
- 4.48%
- Median
- 4.08%
- Q1
- 0.00%
- Min
- -11.02%
CIEN
Technology Hardware & Equipment industry group
10.87%
- Max
- 27.60%
- Q3
- 11.66%
- CIEN
- 10.87%
- Median
- 4.08%
- Q1
- 0.00%
- Min
- -11.02%
Operating Margin (TTM)
Both CDW (CDW) at 8.14% and Ciena (CIEN) at 18.08% run core operations about as efficiently as their industries’ norm — neither stands out on operating profitability.
CDW
Technology Hardware & Equipment industry group
8.14%
- Max
- 36.27%
- Q3
- 18.36%
- Median
- 8.84%
- CDW
- 8.14%
- Q1
- 1.46%
- Min
- -21.39%
CIEN
Technology Hardware & Equipment industry group
18.08%
- Max
- 36.27%
- Q3
- 18.36%
- CIEN
- 18.08%
- Median
- 8.84%
- Q1
- 1.46%
- Min
- -21.39%
Profitability Metrics
| Metric | CDW | CIEN |
|---|---|---|
| ROE (TTM) | 42.47% | 22.40% |
| ROA (TTM) | 6.47% | 7.73% |
| Net Margin (TTM) | 4.48% | 10.87% |
| Operating Margin (TTM) | 8.14% | 18.08% |
| Gross Margin (TTM) | 21.00% | 44.07% |
Growth
Revenue Growth
Both CDW (CDW) at 6.79% and Ciena (CIEN) at 18.79% land near their industries' usual revenue growth ranges, so top-line momentum looks broadly in line with peers on both sides.
EPS Growth
Ciena (CIEN) at 46.55% sits in the top EPS growth quartile, while CDW (CDW) at 1.38% is closer to the peer norm — faster per-share earnings growth for CIEN.
Growth Metrics
| Metric | CDW | CIEN |
|---|---|---|
| Revenue Growth (YoY) | 6.79% | 18.79% |
| Revenue Growth (3Y CAGR) | -1.89% | 9.50% |
| EPS Growth (YoY) | 1.38% | 46.55% |
| EPS Growth (3Y CAGR) | -0.21% | -5.27% |
Financial Strength
Current Ratio (MRQ)
Ciena (CIEN) at 3.80 carries current ratio above its industry’s typical mid-range, while CDW (CDW) at 1.27 runs in the tighter-liquidity quartile — different working-capital profiles, both worth examining.
CDW
Technology Hardware & Equipment industry group
1.27
- Max
- 5.34
- Q3
- 3.02
- Median
- 1.95
- Q1
- 1.32
- CDW
- 1.27
- Min
- 0.17
CIEN
Technology Hardware & Equipment industry group
3.80
- Max
- 5.34
- CIEN
- 3.80
- Q3
- 3.02
- Median
- 1.95
- Q1
- 1.32
- Min
- 0.17
Debt / Equity (MRQ)
Both balance sheets lean debt-heavy versus peers, but CDW is more stretched: Ciena (CIEN) at 1.07 sits in the higher-leverage quartile and CDW (CDW) at 2.98 is above its industry benchmark range.
CDW
Technology Hardware & Equipment industry group
2.98
- CDW
- 2.98
- Max
- 1.76
- Q3
- 0.78
- Median
- 0.24
- Q1
- 0.04
- Min
- 0.01
CIEN
Technology Hardware & Equipment industry group
1.07
- Max
- 1.76
- CIEN
- 1.07
- Q3
- 0.78
- Median
- 0.24
- Q1
- 0.04
- Min
- 0.01
Financial Strength Metrics
| Metric | CDW | CIEN |
|---|---|---|
| Current Ratio (MRQ) | 1.27 | 3.80 |
| Debt / Equity (MRQ) | 2.98 | 1.07 |
| Net Debt / EBITDA | 3.01 | 0.64 |
Dividends
Dividend Yield (TTM)
Ciena (CIEN) pays no dividend (yield 0.00%) — it may be reinvesting, using buybacks, or simply not returning cash through dividends. Meanwhile CDW (CDW) reports a yield of 1.59%, ranking against industry peers normally.
CDW
Technology Hardware & Equipment industry group
1.59%
- CDW
- 1.59%
- Max
- 0.73%
- Q3
- 0.31%
- Median
- 0.00%
- Q1
- 0.00%
- Min
- 0.00%
CIEN
Technology Hardware & Equipment industry group
0.00%
- Max
- 0.73%
- Q3
- 0.31%
- CIEN
- 0.00%
- Median
- 0.00%
- Q1
- 0.00%
- Min
- 0.00%
Dividend Payout Ratio (TTM)
Ciena (CIEN) pays no dividend (payout 0.00%) — it may be reinvesting, using buybacks, or simply not returning cash through dividends. Meanwhile CDW (CDW) reports a payout of 29.40%, ranking against industry peers normally.
CDW
Technology Hardware & Equipment industry group
29.40%
- Max
- 32.27%
- CDW
- 29.40%
- Q3
- 14.48%
- Median
- 0.00%
- Q1
- 0.00%
- Min
- 0.00%
CIEN
Technology Hardware & Equipment industry group
0.00%
- Max
- 32.27%
- Q3
- 14.48%
- CIEN
- 0.00%
- Median
- 0.00%
- Q1
- 0.00%
- Min
- 0.00%
Dividend Metrics
| Metric | CDW | CIEN |
|---|---|---|
| Dividend Yield (TTM) | 1.59% | 0.00% |
| Dividend Payout Ratio (TTM) | 29.40% | 0.00% |
Valuation
P/E Ratio (TTM)
CDW (CDW) at 18.32 sits in the cheaper P/E ratio quartile, while Ciena (CIEN) at 54.45 sits in the richer quartile — a clear split in what investors pay for each dollar of trailing earnings.
CDW
Technology Hardware & Equipment industry group
18.32
- Max
- 69.48
- Q3
- 41.02
- Median
- 26.39
- Q1
- 19.36
- CDW
- 18.32
- Min
- 6.07
CIEN
Technology Hardware & Equipment industry group
54.45
- Max
- 69.48
- CIEN
- 54.45
- Q3
- 41.02
- Median
- 26.39
- Q1
- 19.36
- Min
- 6.07
P/S Ratio (TTM)
CDW (CDW) at 0.80 sits in the cheaper P/S ratio quartile while Ciena (CIEN) at 5.73 prices around its industry’s middle — CDW costs less per dollar of sales, though read it alongside growth and margins.
CDW
Technology Hardware & Equipment industry group
0.80
- Max
- 11.30
- Q3
- 5.82
- Median
- 2.56
- Q1
- 1.05
- CDW
- 0.80
- Min
- 0.00
CIEN
Technology Hardware & Equipment industry group
5.73
- Max
- 11.30
- Q3
- 5.82
- CIEN
- 5.73
- Median
- 2.56
- Q1
- 1.05
- Min
- 0.00
P/B Ratio (MRQ)
Both look rich against book: CDW (CDW) at 7.45 sits in the upper P/B ratio quartile, and Ciena (CIEN) at 11.30 prices even higher, above its industry range.
CDW
Technology Hardware & Equipment industry group
7.45
- Max
- 10.75
- CDW
- 7.45
- Q3
- 5.52
- Median
- 3.17
- Q1
- 1.79
- Min
- 0.33
CIEN
Technology Hardware & Equipment industry group
11.30
- CIEN
- 11.30
- Max
- 10.75
- Q3
- 5.52
- Median
- 3.17
- Q1
- 1.79
- Min
- 0.33
Valuation Metrics
| Metric | CDW | CIEN |
|---|---|---|
| P/E Ratio (TTM) | 18.32 | 54.45 |
| P/S Ratio (TTM) | 0.80 | 5.73 |
| P/B Ratio (MRQ) | 7.45 | 11.30 |
| Free Cash Flow Yield (TTM) | 4.43% | 1.84% |