InsiderClue
Stocks · Communication · Telephone Communications (No Radiotelephone)

Lumen Technologies, Inc.

LUMN Clue Score19
United States Fiscal year ends December CIK 0000018926
$5.28 -5.04% Close, 9 Oct 2026
Alert on the numbers Alert on insider trades
Price $5.28 −56.65% Close, 9 Oct 2026

Closing prices at the end of each trading day, from 12 Oct 2016. Not a live quote. Adjusted for share splits, so the line has no step at a split; dividends are not added back. P/E and P/FCF are the market value over the last full fiscal year's net income or free cash flow, as public on each day, so they step once a year when the annual report comes out. A hatched band marks a stretch with none: a year of net loss, or of cash burnt.

Revenue and profit

What the business sells, and what is left of it. Point at a year for the detail.
RevenueOperating incomeNet income
Fiscal year 2016Revenue17.47Operating income2.33Net income0.63EPS, diluted1.16Fiscal year 2017Revenue17.66 +1.1%Operating income2.01Net income1.39 +121.9%EPS, diluted2.21Fiscal year 2018Revenue21.04 +19.2%Operating income0.57Net income−1.73 −224.8%EPS, diluted−1.63Fiscal year 2019Revenue19.51 −7.3%Operating income−2.73Net income−5.27EPS, diluted−4.92Fiscal year 2020Revenue18.80 −3.6%Operating income0.96Net income−1.23EPS, diluted−1.14Fiscal year 2021Revenue17.80 −5.3%Operating income4.29Net income2.03EPS, diluted1.91Fiscal year 2022Revenue16.11 −9.5%Operating income0.10Net income−1.55 −176.1%EPS, diluted−1.54Fiscal year 2023Revenue13.52 −16.1%Operating income−9.58Net income−10.30EPS, diluted−10.48Fiscal year 2024Revenue12.13 −10.3%Operating income0.46Net income−0.06EPS, diluted−0.06Fiscal year 2025Revenue11.33 −6.6%Operating income−0.81Net income−1.74EPS, diluted−1.75
FY2016FY2017FY2018FY2019FY2020FY2021FY2022FY2023FY2024FY2025
Revenue 17.47 17.66 21.04 19.51 18.80 17.80 16.11 13.52 12.13 11.33
Growth +1.1% +19.2% −7.3% −3.6% −5.3% −9.5% −16.1% −10.3% −6.6%
Operating income 2.33 2.01 0.57 −2.73 0.96 4.29 0.10 −9.58 0.46 −0.81
Net income 0.63 1.39 −1.73 −5.27 −1.23 2.03 −1.55 −10.30 −0.06 −1.74
Growth +121.9% −224.8% −176.1%
EPS, diluted 1.16 2.21 −1.63 −4.92 −1.14 1.91 −1.54 −10.48 −0.06 −1.75

Margins

How much of each dollar of revenue it keeps. Point at a year for the detail.
Operating marginNet margin
Fiscal year 2016Operating margin13.4%Net margin3.6%Free cash flow margin9.3%Fiscal year 2017Operating margin11.4%Net margin7.9%Free cash flow margin4.4%Fiscal year 2018Operating margin2.7%Net margin−8.2%Free cash flow margin18.3%Fiscal year 2019Operating margin−14.0%Net margin−27.0%Free cash flow margin15.6%Fiscal year 2020Operating margin5.1%Net margin−6.6%Free cash flow margin14.9%Fiscal year 2021Operating margin24.1%Net margin11.4%Free cash flow margin20.2%Fiscal year 2022Operating margin0.6%Net margin−9.6%Free cash flow margin10.7%Fiscal year 2023Operating margin−70.9%Net margin−76.2%Free cash flow margin−7.0%Fiscal year 2024Operating margin3.8%Net margin−0.5%Free cash flow margin9.1%Fiscal year 2025Operating margin−7.2%Net margin−15.3%Free cash flow margin3.3%
FY2016FY2017FY2018FY2019FY2020FY2021FY2022FY2023FY2024FY2025
Operating margin 13.4% 11.4% 2.7% −14.0% 5.1% 24.1% 0.6% −70.9% 3.8% −7.2%
Net margin 3.6% 7.9% −8.2% −27.0% −6.6% 11.4% −9.6% −76.2% −0.5% −15.3%
Free cash flow margin 9.3% 4.4% 18.3% 15.6% 14.9% 20.2% 10.7% −7.0% 9.1% 3.3%

Cash flow

The cash the business makes, what it reinvests, and what it hands back. Point at a year for the detail.
Operating cash flowCapital expenditureFree cash flow
Fiscal year 2016Operating cash flow4.61Capital expenditure−2.98Free cash flow1.63Buybacks−0.02Dividends paid−1.17Fiscal year 2017Operating cash flow3.88Capital expenditure−3.11Free cash flow0.77 −52.6%Buybacks−0.02Dividends paid−1.45Fiscal year 2018Operating cash flow7.03Capital expenditure−3.18Free cash flow3.86 +399.6%Dividends paid−2.31Fiscal year 2019Operating cash flow6.68Capital expenditure−3.63Free cash flow3.05 −20.9%Buybacks0.00Dividends paid−1.10Fiscal year 2020Operating cash flow6.52Capital expenditure−3.73Free cash flow2.80 −8.4%Buybacks0.00Dividends paid−1.11Fiscal year 2021Operating cash flow6.50Capital expenditure−2.90Free cash flow3.60 +28.8%Buybacks−1.00Dividends paid−1.09Fiscal year 2022Operating cash flow4.74Capital expenditure−3.02Free cash flow1.72 −52.3%Buybacks−0.20Dividends paid−0.78Fiscal year 2023Operating cash flow2.16Capital expenditure−3.10Free cash flow−0.94 −154.7%Buybacks0.00Dividends paid−0.01Fiscal year 2024Operating cash flow4.33Capital expenditure−3.23Free cash flow1.10Buybacks0.00Dividends paid−0.00Fiscal year 2025Operating cash flow4.74Capital expenditure−4.37Free cash flow0.37 −66.3%Dividends paid−0.00
FY2016FY2017FY2018FY2019FY2020FY2021FY2022FY2023FY2024FY2025
Operating cash flow 4.61 3.88 7.03 6.68 6.52 6.50 4.74 2.16 4.33 4.74
Capital expenditure −2.98 −3.11 −3.18 −3.63 −3.73 −2.90 −3.02 −3.10 −3.23 −4.37
Free cash flow 1.63 0.77 3.86 3.05 2.80 3.60 1.72 −0.94 1.10 0.37
Growth −52.6% +399.6% −20.9% −8.4% +28.8% −52.3% −154.7% −66.3%
Buybacks −0.02 −0.02 n/a 0.00 0.00 −1.00 −0.20 0.00 0.00 n/a
Dividends paid −1.17 −1.45 −2.31 −1.10 −1.11 −1.09 −0.78 −0.01 −0.00 −0.00

Balance sheet

What it holds against what it owes, at each year end. Point at a year for the detail.
Cash
Fiscal year 2016Cash0.22Shareholders’ equity13.40Fiscal year 2017Cash0.55Shareholders’ equity23.49Fiscal year 2018Cash0.49Shareholders’ equity19.83Fiscal year 2019Cash1.69Shareholders’ equity13.47Fiscal year 2020Cash0.41Shareholders’ equity11.16Fiscal year 2021Cash0.35Shareholders’ equity11.78Fiscal year 2022Cash1.25Shareholders’ equity10.37Fiscal year 2023Cash2.23Shareholders’ equity0.42Fiscal year 2024Cash1.89Shareholders’ equity0.46Fiscal year 2025Cash1.00Shareholders’ equity−1.12
FY2016FY2017FY2018FY2019FY2020FY2021FY2022FY2023FY2024FY2025
Cash 0.22 0.55 0.49 1.69 0.41 0.35 1.25 2.23 1.89 1.00
Shareholders’ equity 13.40 23.49 19.83 13.47 11.16 11.78 10.37 0.42 0.46 −1.12

In billions of USD, except per-share figures and ratios. Fiscal years, as last filed with the SEC.

Financial statements FY2025 · 10-K

Ratios

Percentages worked out from the filed figures; debt to equity in times. Fiscal years ending December, each column as last filed with the SEC.
Click a line to chart it
Fiscal year FY2016 31 Dec 2016 FY2017 31 Dec 2017 FY2018 31 Dec 2018 FY2019 31 Dec 2019 FY2020 31 Dec 2020 FY2021 31 Dec 2021 FY2022 31 Dec 2022 FY2023 31 Dec 2023 FY2024 31 Dec 2024 FY2025 31 Dec 2025
Margins
13.4% 11.4% 2.7% −14.0% 5.1% 24.1% 0.6% −70.9% 3.8% −7.2%
5.8% 3.1% −7.4% −24.4% −4.2% 15.2% −6.2% −75.7% −1.9% −24.0%
3.6% 7.9% −8.2% −27.0% −6.6% 11.4% −9.6% −76.2% −0.5% −15.3%
9.3% 4.4% 18.3% 15.6% 14.9% 20.2% 10.7% −7.0% 9.1% 3.3%
Spending
19.7% 19.9% 19.8% 19.0% 18.4% 16.3% 19.1% 23.7% 24.5% 28.2%
17.1% 17.6% 15.1% 18.6% 19.8% 16.3% 18.7% 22.9% 26.6% 38.5%
38.6% −157.2% n/a n/a n/a 24.7% n/a n/a n/a n/a
Returns
4.7% 5.9% −8.7% −39.1% −11.0% 17.3% −14.9% −2,469.5% −11.9% n/a
1.3% 1.8% −2.5% −8.1% −2.1% 3.5% −3.4% −30.3% −0.2% −5.1%
Balance and payout
186.4% 104.6% n/a n/a n/a 53.5% n/a n/a n/a n/a
72.7% 190.4% 59.9% 36.0% 39.7% 58.0% 57.0% n/a 0.3% 0.3%