Breakdown | TTM | Dec 2024 | Dec 2023 | Dec 2022 | Dec 2021 | Dec 2020 |
---|---|---|---|---|---|---|
Income Statement | ||||||
Total Revenue | 13.00B | 13.11B | 14.56B | 17.48B | 19.69B | 20.71B |
Gross Profit | 5.52B | 6.41B | 7.41B | 9.61B | 11.20B | 11.78B |
EBITDA | 3.77B | 4.10B | -6.09B | 3.58B | 8.52B | 5.90B |
Net Income | -313.00M | -55.00M | -10.30B | -1.55B | 2.03B | -1.23B |
Balance Sheet | ||||||
Total Assets | 33.54B | 33.50B | 34.02B | 45.58B | 57.99B | 59.39B |
Cash, Cash Equivalents and Short-Term Investments | 1.90B | 1.89B | 2.23B | 1.25B | 354.00M | 406.00M |
Total Debt | 17.93B | 18.16B | 20.26B | 20.92B | 29.37B | 32.22B |
Total Liabilities | 33.25B | 33.03B | 33.60B | 35.14B | 46.15B | 48.23B |
Stockholders Equity | 289.00M | 464.00M | 417.00M | 10.44B | 11.84B | 11.16B |
Cash Flow | ||||||
Free Cash Flow | 1.02B | 1.10B | -940.00M | 1.72B | 3.60B | 2.79B |
Operating Cash Flow | 4.33B | 4.33B | 2.16B | 4.74B | 6.50B | 6.52B |
Investing Cash Flow | -2.90B | -2.83B | -1.20B | 5.48B | -2.71B | -3.56B |
Financing Cash Flow | -1.10B | -1.85B | -18.00M | -9.31B | -3.81B | -4.25B |
Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
---|---|---|---|---|---|---|---|
77 Outperform | $5.42B | 12.84 | 6.74% | 3.84% | 14.09% | -11.43% | |
71 Outperform | $4.74B | 8.97 | 28.10% | 7.26% | -0.91% | 11.25% | |
71 Outperform | $6.52B | 18.27 | 10.19% | 1.98% | -1.52% | 4874.58% | |
61 Neutral | $41.24B | -0.79 | -14.21% | 3.80% | 2.39% | -73.52% | |
55 Neutral | $3.84B | 19.26 | 3.99% | ― | -12.77% | 40.80% | |
53 Neutral | $3.82B | ― | -0.97% | 0.45% | -5.14% | 78.63% | |
51 Neutral | $4.72B | ― | -78.94% | ― | -7.86% | 97.11% |
On June 30, 2025, Lumen Technologies‘ subsidiary, Level 3 Financing, completed a $2 billion upsized offering of 6.875% First Lien Notes due 2033. The proceeds were used to redeem existing notes and reduce interest expenses, aligning with Lumen’s strategy to simplify its capital structure and enhance financial flexibility. This move is part of Lumen’s broader effort to reposition itself as a leader in digital network services, crucial for supporting AI-driven business transformations.
The most recent analyst rating on (LUMN) stock is a Sell with a $2.00 price target. To see the full list of analyst forecasts on Lumen Technologies stock, see the LUMN Stock Forecast page.
On June 16, 2025, Lumen Technologies announced that its subsidiary, Level 3 Financing, planned a private offering of $2.0 billion in First Lien Notes due 2033, an increase from the initially planned $1.0 billion. The proceeds will be used to redeem existing senior secured notes and pay related expenses, with the offering expected to close by June 30, 2025, subject to customary conditions.
The most recent analyst rating on (LUMN) stock is a Sell with a $2.00 price target. To see the full list of analyst forecasts on Lumen Technologies stock, see the LUMN Stock Forecast page.
On May 21, 2025, Lumen Technologies announced a definitive agreement to sell its Mass Markets fiber-to-the-home business to AT&T for $5.75 billion in cash. This transaction is expected to close in the first half of 2026, subject to regulatory approvals and other conditions. The sale will allow Lumen to focus on its enterprise market and reduce its debt, enhancing its financial flexibility and enabling further investment in its enterprise offerings. Lumen will retain its core infrastructure, including its fiber backbone and consumer copper broadband services, to continue innovating for enterprise customers. The deal is anticipated to improve Lumen’s cash flow and position it for additional refinancing opportunities, while AT&T will gain a significant consumer-focused asset with potential for growth.
The most recent analyst rating on (LUMN) stock is a Sell with a $2.00 price target. To see the full list of analyst forecasts on Lumen Technologies stock, see the LUMN Stock Forecast page.
At Lumen Technologies‘ Annual Meeting on May 13, 2025, shareholders voted on several key items. The board of directors was elected, KPMG LLP was ratified as the independent auditor for 2025, and a reverse stock split was approved. Additionally, amendments to the Articles of Incorporation were made, including lowering the threshold for calling special meetings and removing references to an unstaggered board. The approval of a reverse stock split allows the company to implement it before May 13, 2026, potentially impacting its stock structure and shareholder value.
The most recent analyst rating on (LUMN) stock is a Sell with a $2.00 price target. To see the full list of analyst forecasts on Lumen Technologies stock, see the LUMN Stock Forecast page.
Lumen Technologies reported its first quarter 2025 results, highlighting progress in key areas such as operational excellence, AI backbone development, and telecom cloudification. Despite a net loss of $201 million, the company showed growth in North American business revenue and signed a significant partnership with Google for direct fiber access to Google Cloud. The adoption of Network-as-a-Service (NaaS) ports increased, supporting a shift towards a consumption-based model.