Friday 6 November 2026 Export LUMN’s income statement to Excel — free account

Lumen Technologies, Inc.

LUMN Communication Services Telecom Services

Lumen Technologies, Inc.’s revenue for fiscal 2025 (year ended December 2025) was $12.4 billion, down 5.39% from fiscal 2024.

Revenue: −12.1%
EPS: +58.1%
Free cash flow: −123.7%
Total debt: −25.3%

Quarter to September 2026, against a year earlier

3.92 0.55 −12.30%

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Market cap: $4.1B
P/E: 0.0×
Fwd P/E: −6.6×
Dividend yield: —
F-score: 4/9
Altman Z: −0.27
Beneish M: −3.38
Dividend safety: 33/100

Overview

	Dec '16	Dec '17	Dec '18	Dec '19	Dec '20	Dec '21	Dec '22	Dec '23	Dec '24	Dec '25
Piotroski F-Score Full definition →	6	4	5	5	5	9	5	5	4	4
P/E ratio Full definition →	21.85	7.88	0.00	0.00	0.00	6.54	0.00	0.00	0.00	0.00
Altman Z-Score Full definition →	0.76	0.45	0.48	0.16	0.27	0.70	0.26	(1.16)	(0.19)	(0.27)
P/S ratio Full definition →	0.78	0.62	0.72	0.66	0.51	0.68	0.31	0.13	0.40	0.62
P/FCF ratio Full definition →	8.25	4.75	4.02	4.50	3.57	3.56	2.94	0.00	3.57	18.49
Altman Z″-Score (non-manufacturers) Full definition →	0.73	0.64	0.23	(0.60)	(0.47)	0.92	(0.14)	(3.36)	(1.49)	(1.39)
P/Operating CF Full definition →	12.48	9.28	8.09	7.41	6.26	8.27	6.43	2.37	7.62	13.75
Beneish M-Score Full definition →	(2.87)	(2.31)	(3.12)	(3.45)	(3.21)	(3.07)	(3.09)	(4.52)	(3.13)	(3.38)
Dividend Safety Score Full definition →	—	—	—	—	—	—	—	—	—	33
P/B ratio Full definition →	1.02	0.47	0.81	1.05	0.94	1.12	0.52	4.46	11.30	0.00
Price to Tangible BV Full definition →	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
EV/Sales Full definition →	1.90	2.72	2.29	2.20	2.03	2.13	1.42	1.35	1.62	1.95
EV/EBITDA Full definition →	5.30	8.09	9.09	22.42	7.40	5.05	7.42	0.00	6.22	12.48
EV/Operating CF Full definition →	7.19	12.40	7.35	7.06	6.43	6.45	5.22	9.08	4.91	5.10
EV/FCF Full definition →	20.00	20.90	12.88	14.99	14.23	11.22	13.45	(25.31)	14.48	57.81
Quick Ratio Full definition →	0.42	0.64	0.52	0.54	0.36	0.26	0.56	1.01	0.86	0.53
Current Ratio Full definition →	0.97	0.86	0.69	0.66	0.48	1.61	1.11	1.35	1.21	1.80
Net Debt/EBITDA Full definition →	3.11	6.25	6.25	15.69	5.54	3.45	5.80	(2.69)	4.69	8.49
Debt/Assets Full definition →	41.87%	49.89%	51.33%	53.59%	53.60%	49.97%	45.10%	58.76%	53.46%	50.79%
Debt/Equity Full definition →	1.47	1.61	1.82	2.58	2.85	2.45	1.98	47.93	38.59	(15.61)
Asset Turnover Full definition →	0.37	0.29	0.31	0.32	0.33	0.34	0.34	0.37	0.39	0.37
Operating CF/Net income Full definition →	7.36	2.79	(4.06)	(1.27)	(5.30)	3.20	(3.06)	(0.21)	(78.78)	(2.72)
Capex/Depreciation Full definition →	(0.75)	(0.40)	(0.59)	(0.73)	(0.76)	(0.69)	(0.89)	(0.98)	(0.97)	(1.57)
Interest Coverage Full definition →	1.77	1.36	0.26	(1.35)	0.58	2.82	0.07	(8.28)	0.34	(0.63)
ROE Full definition →	4.56%	7.53%	(8.00%)	(31.65%)	(10.00%)	17.68%	(13.94%)	(190.86%)	(12.49%)	532.62%
ROA Full definition →	1.32%	2.27%	(2.38%)	(7.81%)	(1.98%)	3.46%	(2.99%)	(25.86%)	(0.16%)	(5.13%)
ROIC Full definition →	4.44%	2.07%	0.64%	(3.67%)	1.41%	6.62%	0.20%	(32.96%)	1.74%	(3.31%)
Return on Tangible Assets Full definition →	3.71%	5.30%	(7.02%)	(22.34%)	(5.38%)	8.05%	(7.85%)	(49.04%)	(0.26%)	(7.53%)
Average Days of Receivables Full definition →	42.14	52.86	38.76	38.43	34.58	28.63	31.49	33.05	34.28	38.67
Research and Development Expense of Revenue Full definition →	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Selling, General and Administrative Expense of Revenue Full definition →	19.73%	19.87%	18.45%	17.31%	16.72%	14.71%	17.61%	21.97%	22.67%	25.79%
Intangible Assets out of Total Assets Full definition →	0.51	0.57	0.55	0.48	0.46	0.40	0.41	0.22	0.20	0.13
Share Based Compensation of Revenue Full definition →	0.46%	0.63%	0.82%	0.75%	0.84%	0.61%	0.56%	0.36%	0.22%	0.39%
Graham Net Nets Full definition →	(2.08)	(4.38)	(2.89)	(3.29)	(4.28)	(2.60)	(5.51)	(15.51)	(5.46)	(3.57)
Graham Number Full definition →	25.46	43.13	0.00	0.00	0.00	21.97	0.00	0.00	0.00	6.64
Earnings Yield Full definition →	4.58%	12.69%	(10.76%)	(37.32%)	(11.69%)	15.30%	(29.42%)	(553.97%)	(0.94%)	(22.42%)
Free Cash Flow Yield Full definition →	12.11%	21.05%	24.86%	22.22%	28.02%	28.10%	33.99%	(41.71%)	27.99%	5.41%
Revenue per Share Full definition →	32.38	28.12	21.18	20.03	19.19	18.58	17.35	14.81	13.27	12.47
Operating CF per Share Full definition →	8.54	6.18	6.60	6.23	6.05	6.14	4.70	2.20	4.39	4.76
Capex per Share Full definition →	(5.47)	(2.51)	(2.83)	(3.30)	(3.31)	(2.61)	(2.87)	(2.99)	(2.90)	(4.34)
Free Cash Flow per Share Full definition →	3.07	3.67	3.77	2.94	2.73	3.53	1.83	(0.79)	1.49	0.42
Cash per Share Full definition →	0.41	0.89	0.46	1.58	0.38	0.33	1.24	2.27	1.91	1.01
Shareholders Equity per Share Full definition →	24.83	37.42	18.60	12.57	10.34	11.17	10.30	0.42	0.47	(1.12)
Interest Debt per Share Full definition →	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Book value per Share Full definition →	24.83	37.42	18.60	12.57	10.34	11.17	10.30	0.42	0.47	(1.12)
Free Cash Flow Full definition →	1,657.00	2,301.00	4,015.00	3,145.00	2,948.00	3,736.00	1,839.00	(775.00)	1,468.00	418.00
Working Capital Full definition →	(187.00)	(663.00)	(1,711.00)	(2,490.00)	(3,458.00)	4,367.00	554.00	1,241.00	755.00	3,519.00
Capital Expenditures Full definition →	(2,951.00)	(1,577.00)	(3,017.00)	(3,535.00)	(3,576.00)	(2,765.00)	(2,896.00)	(2,935.00)	(2,865.00)	(4,320.00)
Net Current Asset Value Full definition →	(28,456.00)	(47,926.00)	(46,608.00)	(46,504.00)	(45,056.00)	(34,617.00)	(29,787.00)	(28,826.00)	(28,638.00)	(27,550.00)
EV/EBIT Full definition →	14.21	23.94	90.73	0.00	43.61	9.78	260.33	0.00	46.22	0.00
Capex to Sales Full definition →	0.17	0.09	0.13	0.16	0.17	0.14	0.17	0.20	0.22	0.35
Price to Operating Income Full definition →	5.86	5.44	28.33	0.00	10.94	3.10	56.95	0.00	11.40	0.00
Other line items
Depreciation/Fixed assets Full definition →	0.23	0.15	0.19	0.19	0.18	0.19	0.17	0.15	0.14	0.14
Cash ROIC Full definition →	4.97%	3.72%	7.12%	6.31%	6.79%	9.07%	5.71%	(3.42%)	7.25%	2.41%
Accounts Receivable Turnover Full definition →	8.82	7.72	9.11	9.22	9.81	11.23	11.45	10.30	10.28	9.75
Accounts Payable Turnover Full definition →	7.24	6.00	5.73	5.00	6.25	8.97	8.73	6.56	7.12	5.88
Inventory Turnover Full definition →	59.34	62.62	80.64	81.19	85.09	84.46	47.40	0.00	0.00	0.00
Average Days of Payables Full definition →	55.36	69.19	70.56	68.89	46.33	32.60	48.43	57.94	40.79	82.92
Days of Inventory on Hand Full definition →	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Average Receivables Full definition →	1,980.00	2,287.00	2,477.50	2,328.50	2,110.50	1,753.00	1,526.00	1,413.00	1,274.50	1,272.50
Average Payables Full definition →	1,073.50	1,367.00	1,744.00	1,828.50	1,429.00	946.00	901.00	1,089.00	941.50	1,128.50
Average Inventory Full definition →	131.00	131.00	124.00	112.50	105.00	100.50	166.00	—	—	—
Average Assets Full definition →	47,310.50	61,314.00	72,933.50	67,499.00	62,068.00	58,693.50	51,802.50	39,815.00	33,757.00	33,919.00
Average Common Equity Full definition →	13,729.50	18,445.00	21,659.50	16,649.00	12,316.00	11,501.00	11,107.00	5,395.50	440.50	(326.50)

Show all line items

Columns are period end dates · fundamentals updated 4 Nov 2026

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