stockrowLumen 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
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Lumen Technologies, Inc. (LUMN) Debt to equity
Lumen Technologies, Inc.'s debt to equity at the end of the quarter to 30 September 2026 was −7.7×, up 8.0× from fiscal 2025 (−15.6×). Over the past ten years it has ranged from −15.6× (fiscal 2025) to 47.9× (fiscal 2023) — the current reading is the lowest in ten years. That is below the Telecom Services industry median of 0.6× and below the Communication Services sector median of 0.1×.
Debt to equity, annual
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Annual newest first
| Period | Debt to equity | Change |
|---|---|---|
| FY2025 | −15.6× | — |
| FY2024 | 38.6× | (19.49%) |
| FY2023 | 47.9× | 2,317.19% |
| FY2022 | 2.0× | (18.99%) |
| FY2021 | 2.4× | (14.18%) |
| FY2020 | 2.9× | 10.74% |
| FY2019 | 2.6× | 41.62% |
| FY2018 | 1.8× | 13.24% |
| FY2017 | 1.6× | 9.30% |
| FY2016 | 1.5× | 2.15% |
Quarterly newest first
| Period | Debt to equity | Change |
|---|---|---|
| Sep 2026 | −7.7× | — |
| Jun 2026 | −8.9× | — |
| Mar 2026 | −9.8× | — |
| Dec 2025 | −15.6× | — |
| 43 more quarters | Free account |
Against its own ten years
Debt to equity against peers
| Company | Debt to equity |
|---|---|
| LUMN Lumen Technologies, Inc. | −7.7× |
| TDS Telephone and Data Systems, Inc. compare | 0.1× |
| KYIV Kyivstar Group Ltd. compare | 0.4× |
| TKC Turkcell Iletisim Hizmetleri AS compare | 0.6× |
| LBTYA Liberty Global Ltd compare | 0.9× |
| LBTYK Liberty Global Ltd compare | 0.9× |
| PHI PLDT Inc. compare | 2.2× |
| VEON VEON Ltd. compare | 3.0× |
| IRDM Iridium Communications Inc compare | 3.7× |
| Telecom Services industry median | 0.6× |
| Communication Services sector median | 0.1× |
| Market median | 0.1× |
What Debt to equity is
Debt to Equity Ratio shows how much a company relies on borrowed money compared with the money its shareholders have in the business.
(Long Term Debt (Total) + Current Part of Debt) ÷ Shareholders Equity (Total)
More on LUMN
- Revenue
- Net income
- EPS (diluted)
- EBITDA
- Free cash flow
- Operating cash flow
- Gross margin
- Operating margin
- Net margin
- Free cash flow margin
- P/E ratio
- P/S ratio
- P/B ratio
- Price to free cash flow
- EV/EBITDA
- EV/Sales
- EV/FCF
- Return on equity
- Return on assets
- Return on invested capital
- Current ratio
- Total debt
- Shares outstanding
- Book value per share
- Revenue growth
- Piotroski F-score
- Altman Z-score
- Beneish M-score
- The full statement