Lumen Technologies, Inc. (LUMN) Financial Ratios
30 years of historical data (1996–2025) · Communication Services · Telecommunications Services
EV/EBITDA
↑
10.22
↑+41% vs avg
5yr avg: 7.25
30Y Low4.7·High23.3
P/FCF
↑
25.62
↑+244% vs avg
5yr avg: 7.46
30Y Low0.5·High44.4
P/B Ratio
↑
N/A
—
5yr avg: 4.31
30Y Low0.4·High11.3
ROE
↓
N/A
—
5yr avg: -49.9%
30Y Low-191%·High30%
Debt/EBITDA
↑
6.90
↑+22% vs avg
5yr avg: 5.67
30Y Low1.8·High17.3
Percentile shows where the current value sits in 30-year historical distribution. Sparklines show 5-year trend.
LUMN Valuation Multiples
Price-based multiples — how expensive the stock is relative to earnings, sales, book value, and cash flow
Lumen Technologies, Inc. currently has a negative P/E ratio, indicating the company is operating at a loss on a trailing-twelve-month basis. On a free-cash-flow basis, the stock trades at 25.6x P/FCF, 244% above the 5-year average of 7.5x.
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Market Cap | $9.5B | $7.7B | $5.2B | $1.8B | $5.3B | $13.4B | $10.5B | $14.2B | $16.1B | $10.5B | $12.9B |
| Enterprise Value | $26.2B | $24.4B | $22.5B | $20.9B | $26.0B | $44.2B | $43.7B | $48.9B | $51.7B | $47.7B | $32.3B |
| P/E Ratio → | -5.27 | — | — | — | — | 6.57 | — | — | — | 7.55 | 20.50 |
| P/S Ratio | 0.77 | 0.62 | 0.40 | 0.12 | 0.30 | 0.68 | 0.51 | 0.66 | 0.69 | 0.59 | 0.74 |
| P/B Ratio | — | — | 11.30 | 4.31 | 0.51 | 1.13 | 0.94 | 1.05 | 0.81 | 0.45 | 0.96 |
| P/FCF | 25.62 | 20.83 | 4.76 | — | 0.52 | 3.72 | 3.76 | 4.64 | 4.19 | — | 7.90 |
| P/OCF | 2.01 | 1.63 | 1.21 | 0.83 | 1.11 | 2.06 | 1.61 | 2.12 | 2.30 | 2.70 | 2.79 |
P/E links to full P/E history page with 30-year chart
LUMN EV Ratios
Enterprise-value multiples — capital-structure-neutral measures of total business value
Lumen Technologies, Inc.'s enterprise value stands at 10.2x EBITDA, 41% above its 5-year average of 7.3x. The Communication Services sector median is 8.4x, placing the stock at a 22% premium on an enterprise-value basis.
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| EV / Revenue | — | 1.97 | 1.71 | 1.43 | 1.49 | 2.25 | 2.11 | 2.28 | 2.21 | 2.70 | 1.85 |
| EV / EBITDA | 10.22 | 9.53 | 6.58 | — | 7.80 | 5.10 | 7.71 | 23.26 | 9.09 | 8.02 | 5.17 |
| EV / EBIT | — | — | 19.68 | — | 76.28 | 10.68 | 49.36 | — | 84.24 | 23.58 | 13.83 |
| EV / FCF | — | 65.85 | 20.39 | — | 2.55 | 12.28 | 15.65 | 16.03 | 13.41 | — | 19.87 |
LUMN Profitability
Margins and return-on-capital ratios measuring operating efficiency
Lumen Technologies, Inc. earns an operating margin of -1.5%. Operating margins have expanded from -65.8% to -1.5% over the past 3 years, signaling improving operational efficiency.
Margins
Full margin charts and quarterly trend are on the Earnings History page
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Gross Margin | 24.3% | 24.3% | 48.9% | 50.9% | 55.0% | 56.9% | 56.9% | 57.4% | 53.7% | 53.5% | 55.5% |
| Operating Margin | -1.5% | -1.5% | 3.5% | -65.8% | 0.5% | 21.8% | 4.6% | -12.7% | 2.4% | 11.4% | 13.3% |
| Net Profit Margin | -14.0% | -14.0% | -0.4% | -70.7% | -8.9% | 10.3% | -5.9% | -24.6% | -7.4% | 7.9% | 3.6% |
Return on Capital
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| ROE | — | — | -12.5% | -190.9% | -13.9% | 17.7% | -10.0% | -31.6% | -8.0% | 7.5% | 4.6% |
| ROA | -5.1% | -5.1% | -0.2% | -25.9% | -3.0% | 3.5% | -2.0% | -7.8% | -2.4% | 2.3% | 1.3% |
| ROIC | -0.8% | -0.8% | 1.9% | -28.4% | 0.2% | 7.4% | 1.6% | -3.9% | 0.7% | 3.2% | 5.2% |
| ROCE | -0.6% | -0.6% | 1.5% | -26.9% | 0.2% | 8.3% | 1.7% | -4.5% | 0.8% | 3.6% | 5.5% |
LUMN Leverage & Debt
Solvency and debt-coverage ratios — lower is generally safer
Lumen Technologies, Inc. carries a Debt/EBITDA ratio of 6.9x, which is highly leveraged (98% above the sector average of 3.5x). Net debt stands at $16.7B ($17.7B total debt minus $1.0B cash).
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Debt / Equity | — | — | 41.20 | 51.07 | 2.12 | 2.63 | 3.01 | 2.71 | 1.82 | 1.61 | 1.47 |
| Debt / EBITDA | 6.90 | 6.90 | 5.60 | — | 6.60 | 3.60 | 5.93 | 17.33 | 6.34 | 6.35 | 3.15 |
| Net Debt / Equity | — | — | 37.13 | 45.71 | 2.00 | 2.60 | 2.98 | 2.58 | 1.79 | 1.59 | 1.45 |
| Net Debt / EBITDA | 6.51 | 6.51 | 5.04 | — | 6.22 | 3.56 | 5.86 | 16.53 | 6.25 | 6.25 | 3.12 |
| Debt / FCF | — | 45.02 | 15.63 | — | 2.03 | 8.56 | 11.88 | 11.39 | 9.22 | — | 11.96 |
| Interest Coverage | -1.12 | -1.12 | 0.83 | -7.84 | 0.26 | 2.72 | 0.53 | -1.36 | 0.28 | 1.36 | 1.77 |
LUMN Liquidity & Efficiency
Short-term solvency ratios and asset-utilisation metrics
A current ratio of 1.80x means Lumen Technologies, Inc. can comfortably meet its short-term obligations, though there is limited excess liquidity. The current ratio has improved from 1.35x to 1.80x over the past 3 years.
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Current Ratio | 1.80 | 1.80 | 1.21 | 1.35 | 1.07 | 1.61 | 0.44 | 0.62 | 0.70 | 0.86 | 0.97 |
| Quick Ratio | 1.80 | 1.80 | 1.17 | 1.29 | 1.02 | 1.60 | 0.42 | 0.60 | 0.68 | 0.84 | 0.94 |
| Cash Ratio | 0.23 | 0.23 | 0.52 | 0.63 | 0.26 | 0.05 | 0.06 | 0.23 | 0.09 | 0.11 | 0.04 |
| Asset Turnover | — | 0.36 | 0.39 | 0.43 | 0.38 | 0.34 | 0.35 | 0.33 | 0.33 | 0.23 | 0.37 |
| Inventory Turnover | — | — | 45.91 | 34.18 | 33.34 | 88.42 | 85.09 | 86.99 | 90.52 | 64.09 | 58.01 |
| Days Sales Outstanding | — | — | — | — | — | — | — | — | — | — | — |
LUMN Shareholder Yields
Earnings, FCF, buyback, and dividend yields — total returns to shareholders
Lumen Technologies, Inc. returns 0.0% to shareholders annually primarily through dividends.
Dividends
Full dividend history and growth charts are on the Dividend History page
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Dividend Yield | 0.0% | 0.0% | 0.1% | 0.6% | 14.8% | 8.1% | 10.5% | 7.8% | 14.3% | 13.9% | 9.1% |
| Payout Ratio | — | — | — | — | — | 53.5% | — | — | — | 104.6% | 186.4% |
Total Shareholder Return Metrics
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Earnings Yield | — | — | — | — | — | 15.2% | — | — | — | 13.2% | 4.9% |
| FCF Yield | 3.9% | 4.8% | 21.0% | — | 194.2% | 26.9% | 26.6% | 21.6% | 23.9% | — | 12.7% |
| Buyback Yield | 0.0% | 0.0% | 0.0% | 0.0% | 3.8% | 7.5% | 0.0% | 0.0% | 0.0% | 0.2% | 0.1% |
| Total Shareholder Yield | 0.0% | 0.0% | 0.1% | 0.6% | 18.6% | 15.6% | 10.5% | 7.8% | 14.3% | 14.0% | 9.2% |
| Shares Outstanding | — | $995M | $988M | $983M | $1.0B | $1.1B | $1.1B | $1.1B | $1.1B | $629M | $541M |
Peer Comparison
Compare LUMN with 10 similar companies in its peer group
| Company | Market Cap | P/E | EV/EBITDA | P/FCF | Gross Margin | Op Margin | ROE | ROIC | Debt/EBITDA |
|---|---|---|---|---|---|---|---|---|---|
 LUMNYou | $10B | -5.3 | 10.2 | 25.6 | 24.3% | -1.5% | — | -0.8% | 6.9 |
 FYBR | $10B | -29.6 | 10.5 | — | 64.5% | 5.9% | -6.3% | 1.7% | 6.1 |
 OOMA | $508M | 81.1 | 27.2 | — | 61.1% | 1.6% | 7.2% | 3.7% | 0.9 |
 ATUS | $539M | -8.6 | 7.7 | 3.6 | — | -1.3% | — | -0.8% | 0.2 |
 WOW | $446M | -7.2 | 6.7 | — | 59.3% | 1.0% | -25.2% | 0.4% | 4.8 |
 T | $181B | 8.5 | 7.5 | 9.3 | 79.8% | 19.2% | 17.6% | 6.7% | 3.9 |
 VZ | $200B | 11.7 | 8.0 | 9.9 | 45.6% | 21.2% | 16.6% | 8.0% | 4.2 |
 TMUS | $210B | 20.0 | 10.1 | 20.3 | 47.6% | 21.2% | 18.2% | 8.1% | 3.8 |
 CHTR | $20B | 4.4 | 5.3 | 4.5 | 46.3% | 24.3% | 24.8% | 8.6% | 4.4 |
 CMCSA | $96B | 4.9 | 5.4 | 4.4 | 60.1% | 16.7% | 21.6% | 8.2% | 3.0 |
 CSCO | $373B | 37.0 | 26.9 | 28.1 | 64.9% | 20.8% | 22.1% | 13.0% | 2.0 |
| Communication Services Median | — | 15.0 | 8.4 | 11.8 | 49.1% | 1.0% | 2.4% | 3.3% | 3.5 |
Peer selection based on competitive and market overlap. Compare multiple stocks →
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Includes 30+ ratios · 30 years · Updated daily
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Start ComparisonLUMN — Frequently Asked Questions
Quick answers to the most common questions about buying LUMN stock.
What is Lumen Technologies, Inc.'s P/E ratio?
Lumen Technologies, Inc.'s current P/E ratio is -5.3x. The historical average is 18.6x.
What is Lumen Technologies, Inc.'s EV/EBITDA?
Lumen Technologies, Inc.'s current EV/EBITDA is 10.2x. This enterprise value multiple compares the company's total value (equity + debt - cash) to its EBITDA. The historical average is 7.9x.
Is LUMN stock overvalued?
Based on historical data, Lumen Technologies, Inc. is trading at a P/E of -5.3x. Compare with industry peers and growth rates for a complete picture.
What is Lumen Technologies, Inc.'s dividend yield?
Lumen Technologies, Inc.'s current dividend yield is 0.01%.
What are Lumen Technologies, Inc.'s profit margins?
Lumen Technologies, Inc. has 24.3% gross margin and -1.5% operating margin.
How much debt does Lumen Technologies, Inc. have?
Lumen Technologies, Inc.'s Debt/EBITDA ratio is 6.9x, indicating high leverage. A ratio above 4x may signal elevated financial risk.