Lumen Historical Income Statement

LUMN Stock

USD 8.54 0.09 1.04%

Historical analysis of Lumen Technologies income statement accounts such as Gross Profit of 4.6 B can show how well Lumen Technologies performed in making a profits. Evaluating Lumen Technologies income statement over time to spot trends is a great complementary tool to traditional technical analysis and can indicate the direction of Lumen Technologies's future profits or losses.

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Financial Statement Analysis is much more than just reviewing and examining Lumen Technologies latest accounting reports to predict its past. Macroaxis encourages investors to analyze financial statements over time for various trends across multiple indicators and accounts to determine whether Lumen Technologies is a good buy for the upcoming year.

Net Income Gross Profit

Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Lumen Technologies. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in population.

To learn how to invest in Lumen Stock, please use our How to Invest in Lumen Technologies guide.

About Lumen Income Statement Analysis

Lumen Technologies Income Statement consists of revenues and expenses along with the resulting net income or loss. It represents the profit for the accounting period attributable to Lumen Technologies shareholders. The income statement also shows Lumen investors and management if the firm made money during the period reported. The result of an income statement is the net income that is calculated after subtracting the expenses from revenue. It is essential to investors both as an absolute measure as well as earnings per share (i.e., EPS).

Lumen Technologies Income Statement Chart

At this time, Lumen Technologies' Other Operating Expenses is very stable compared to the past year. As of the 16th of November 2024, Cost Of Revenue is likely to grow to about 7.5 B, while Depreciation And Amortization is likely to drop about 1.8 B.

Total Revenue Gross Profit Other Operating Expenses Cost Of Revenue Income Tax Expense

Total Revenue

Total revenue comprises all receipts Lumen Technologies generated from the sale of its products or services. The total amount of income generated by the sale of goods or services related to the company's primary operations.

Gross Profit

Gross profit is a required income statement account that reflects total revenue of Lumen Technologies minus its cost of goods sold. It is profit before Lumen Technologies operating expenses, interest payments and taxes. Gross profit is also known as gross margin. The profit a company makes after deducting the costs associated with making and selling its products, or the costs associated with providing its services.

Other Operating Expenses

Other Operating Expenses is the expense which generally does not depend on sales or production quantities of Lumen Technologies. It is also known as Lumen Technologies overhead expenses. Typically these expenses include marketing, rent and utilities, office, leases, and other overhead cost. Expenses incurred from non-core business activities, including administrative and general expenses, but excluding costs directly related to production.

Cost Of Revenue

Cost of Revenue is found on Lumen Technologies income statement and represents the costs associated with goods and services Lumen Technologies provides. Indirect cost, such as salaries, is not included. In other words, cost of revenue is the total cost incurred to obtain a sale. It is more than the traditional cost of goods sold, since it includes specific selling and marketing activities.

Most accounts from Lumen Technologies' income statement are interrelated and interconnected. However, analyzing income statement accounts one by one will only give a small insight into Lumen Technologies current financial condition. On the other hand, looking into the entire matrix of income statement accounts, and analyzing their relationships over time can provide a more complete picture of the company financial strength now and in the future. Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Lumen Technologies. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in population.

To learn how to invest in Lumen Stock, please use our How to Invest in Lumen Technologies guide.At this time, Lumen Technologies' Other Operating Expenses is very stable compared to the past year. As of the 16th of November 2024, Cost Of Revenue is likely to grow to about 7.5 B, while Depreciation And Amortization is likely to drop about 1.8 B.

	2021	2022	2023	2024 (projected)
Interest Expense	1.5B	1.3B	1.2B	639.2M
Depreciation And Amortization	4.4B	3.2B	3.0B	1.8B

Interest Expense Depreciation And Amortization

Lumen Technologies income statement Correlations

	Depreciation And Amortization	Interest Expense	Total Revenue	Gross Profit	Other Operating Expenses	Operating Income	Ebit	Ebitda	Cost Of Revenue	Total Operating Expenses	Income Before Tax	Total Other Income Expense Net	Net Income	Income Tax Expense	Minority Interest	Selling General Administrative	Extraordinary Items	Net Income From Continuing Ops	Non Operating Income Net Other	Selling And Marketing Expenses	Tax Provision	Interest Income	Net Interest Income	Reconciled Depreciation	Non Recurring
Depreciation And Amortization		0.9	0.96	0.98	0.4	0.51	0.56	0.74	0.84	0.96	0.33	-0.26	0.31	0.33	-0.76	0.89	0.24	0.26	-0.52	-0.1	0.1	0.43	-0.5	0.54	0.16
Interest Expense	0.9		0.97	0.94	0.48	0.42	0.47	0.63	0.92	0.87	0.12	-0.53	0.11	0.2	-0.69	0.9	-0.09	0.06	-0.31	-0.36	-0.02	0.42	-0.74	0.61	0.37
Total Revenue	0.96	0.97		0.99	0.46	0.48	0.51	0.69	0.91	0.94	0.24	-0.41	0.21	0.3	-0.78	0.93	0.08	0.16	-0.37	-0.25	0.07	0.34	-0.58	0.51	0.26
Gross Profit	0.98	0.94	0.99		0.42	0.53	0.55	0.73	0.89	0.96	0.29	-0.38	0.26	0.36	-0.77	0.91	0.13	0.22	-0.43	-0.22	0.13	0.35	-0.55	0.51	0.24
Other Operating Expenses	0.4	0.48	0.46	0.42		-0.5	-0.46	-0.25	0.74	0.29	-0.64	-0.2	-0.65	-0.01	-0.8	0.7	-0.23	-0.69	0.41	-0.39	-0.25	-0.23	-0.1	-0.1	0.17
Operating Income	0.51	0.42	0.48	0.53	-0.5		0.95	0.91	0.18	0.63	0.87	-0.24	0.85	0.35	-0.02	0.19	0.31	0.83	-0.76	0.12	0.35	0.48	-0.41	0.55	0.15
Ebit	0.56	0.47	0.51	0.55	-0.46	0.95		0.97	0.22	0.68	0.87	-0.19	0.85	0.29	-0.02	0.24	0.38	0.84	-0.82	0.23	0.28	0.61	-0.51	0.67	0.14
Ebitda	0.74	0.63	0.69	0.73	-0.25	0.91	0.97		0.42	0.83	0.8	-0.23	0.78	0.33	-0.24	0.45	0.38	0.76	-0.81	0.16	0.26	0.62	-0.56	0.7	0.17
Cost Of Revenue	0.84	0.92	0.91	0.89	0.74	0.18	0.22	0.42		0.81	-0.08	-0.44	-0.1	0.18	-0.88	0.95	-0.09	-0.15	-0.08	-0.38	-0.09	0.18	-0.55	0.39	0.3
Total Operating Expenses	0.96	0.87	0.94	0.96	0.29	0.63	0.68	0.83	0.81		0.44	-0.28	0.42	0.28	-0.7	0.86	0.32	0.38	-0.54	0.01	0.07	0.51	-0.54	0.59	0.16
Income Before Tax	0.33	0.12	0.24	0.29	-0.64	0.87	0.87	0.8	-0.08	0.44		0.25	1.0	0.21	0.12	-0.02	0.55	0.99	-0.76	0.44	0.25	0.36	-0.1	0.35	-0.29
Total Other Income Expense Net	-0.26	-0.53	-0.41	-0.38	-0.2	-0.24	-0.19	-0.23	-0.44	-0.28	0.25		0.29	-0.31	0.16	-0.32	0.55	0.29	-0.05	0.66	-0.25	-0.17	0.65	-0.39	-0.89
Net Income	0.31	0.11	0.21	0.26	-0.65	0.85	0.85	0.78	-0.1	0.42	1.0	0.29		0.12	0.13	-0.03	0.57	1.0	-0.75	0.48	0.16	0.38	-0.09	0.34	-0.32
Income Tax Expense	0.33	0.2	0.3	0.36	-0.01	0.35	0.29	0.33	0.18	0.28	0.21	-0.31	0.12		-0.19	0.15	-0.13	0.11	-0.22	-0.32	0.95	-0.1	-0.07	0.13	0.22
Minority Interest	-0.76	-0.69	-0.78	-0.77	-0.8	-0.02	-0.02	-0.24	-0.88	-0.7	0.12	0.16	0.13	-0.19		-0.91	-0.15	0.19	-0.05	0.19	0.11	0.09	0.11	-0.01	-0.1
Selling General Administrative	0.89	0.9	0.93	0.91	0.7	0.19	0.24	0.45	0.95	0.86	-0.02	-0.32	-0.03	0.15	-0.91		0.11	-0.08	-0.12	-0.2	-0.12	0.25	-0.44	0.34	0.19
Extraordinary Items	0.24	-0.09	0.08	0.13	-0.23	0.31	0.38	0.38	-0.09	0.32	0.55	0.55	0.57	-0.13	-0.15	0.11		0.57	-0.43	0.91	-0.16	0.31	0.37	-0.08	-0.37
Net Income From Continuing Ops	0.26	0.06	0.16	0.22	-0.69	0.83	0.84	0.76	-0.15	0.38	0.99	0.29	1.0	0.11	0.19	-0.08	0.57		-0.74	0.5	0.17	0.38	-0.07	0.33	-0.32
Non Operating Income Net Other	-0.52	-0.31	-0.37	-0.43	0.41	-0.76	-0.82	-0.81	-0.08	-0.54	-0.76	-0.05	-0.75	-0.22	-0.05	-0.12	-0.43	-0.74		-0.29	-0.23	-0.64	0.36	-0.66	-0.03
Selling And Marketing Expenses	-0.1	-0.36	-0.25	-0.22	-0.39	0.12	0.23	0.16	-0.38	0.01	0.44	0.66	0.48	-0.32	0.19	-0.2	0.91	0.5	-0.29		-0.25	0.31	0.42	-0.13	-0.45
Tax Provision	0.1	-0.02	0.07	0.13	-0.25	0.35	0.28	0.26	-0.09	0.07	0.25	-0.25	0.16	0.95	0.11	-0.12	-0.16	0.17	-0.23	-0.25		-0.07	-0.03	0.13	0.19
Interest Income	0.43	0.42	0.34	0.35	-0.23	0.48	0.61	0.62	0.18	0.51	0.36	-0.17	0.38	-0.1	0.09	0.25	0.31	0.38	-0.64	0.31	-0.07		-0.65	0.84	0.17
Net Interest Income	-0.5	-0.74	-0.58	-0.55	-0.1	-0.41	-0.51	-0.56	-0.55	-0.54	-0.1	0.65	-0.09	-0.07	0.11	-0.44	0.37	-0.07	0.36	0.42	-0.03	-0.65		-0.89	-0.49
Reconciled Depreciation	0.54	0.61	0.51	0.51	-0.1	0.55	0.67	0.7	0.39	0.59	0.35	-0.39	0.34	0.13	-0.01	0.34	-0.08	0.33	-0.66	-0.13	0.13	0.84	-0.89		0.3
Non Recurring	0.16	0.37	0.26	0.24	0.17	0.15	0.14	0.17	0.3	0.16	-0.29	-0.89	-0.32	0.22	-0.1	0.19	-0.37	-0.32	-0.03	-0.45	0.19	0.17	-0.49	0.3

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Lumen Technologies Account Relationship Matchups

Lumen Technologies income statement Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Depreciation And Amortization	4.8B	5.1B	4.4B	3.2B	3.0B	1.8B
Interest Expense	2.0B	1.7B	1.5B	1.3B	1.2B	639.2M
Total Revenue	22.4B	20.7B	19.7B	17.5B	14.6B	8.2B
Gross Profit	12.3B	11.8B	11.2B	9.6B	7.4B	4.6B
Other Operating Expenses	18.6B	17.1B	15.4B	14.2B	24.1B	25.3B
Operating Income	3.8B	3.5B	4.3B	3.5B	(9.6B)	(9.1B)
Ebit	3.8B	824M	4.1B	341M	(9.1B)	(8.6B)
Ebitda	8.6B	5.9B	8.5B	3.6B	(6.1B)	(5.8B)
Cost Of Revenue	10.1B	8.9B	8.5B	7.9B	7.1B	7.5B
Total Operating Expenses	8.5B	8.2B	6.9B	6.3B	3.2B	3.1B
Income Before Tax	(4.8B)	(782M)	2.7B	(991M)	(10.2B)	(9.7B)
Total Other Income Expense Net	(8.5B)	(1.7B)	(1.6B)	(4.3B)	(653M)	(685.7M)
Net Income	(5.3B)	(1.2B)	2.0B	(1.5B)	(10.3B)	(9.8B)
Income Tax Expense	503M	450M	668M	557M	61M	58.0M
Net Income Applicable To Common Shares	(5.3B)	(1.2B)	2.0B	(1.5B)	(1.4B)	(1.3B)
Selling General Administrative	3.7B	3.4B	2.8B	3.0B	3.1B	2.4B
Net Income From Continuing Ops	(5.3B)	(1.2B)	2.0B	(1.5B)	(10.3B)	(9.8B)
Non Operating Income Net Other	(19M)	(76M)	(62M)	246M	282.9M	297.0M
Selling And Marketing Expenses	218M	98M	62M	56M	87M	111.9M
Tax Provision	503M	450M	668M	557M	61M	58.0M
Interest Income	2.2B	2.0B	1.7B	24M	41M	39.0M
Net Interest Income	(2.0B)	(1.7B)	(1.5B)	(1.3B)	(1.1B)	(1.2B)
Reconciled Depreciation	4.8B	4.7B	4.0B	3.2B	3.0B	3.3B

Pair Trading with Lumen Technologies

One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Lumen Technologies position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Lumen Technologies will appreciate offsetting losses from the drop in the long position's value.

Moving together with Lumen Stock

0.83

VEON

Pair Corr

Moving against Lumen Stock

0.8	BCE	BCE Inc Sell-off Trend	Pair Corr
0.69	PHI	PLDT Inc ADR	Pair Corr
0.69	RCI	Rogers Communications	Pair Corr
0.67	UCL	Ucloudlink Group	Pair Corr
0.66	IHS	IHS Holding	Pair Corr

The ability to find closely correlated positions to Lumen Technologies could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Lumen Technologies when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Lumen Technologies - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Lumen Technologies to buy it.

The correlation of Lumen Technologies is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Lumen Technologies moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Lumen Technologies moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.

Correlation analysis and pair trading evaluation for Lumen Technologies can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.

Pair Correlation Correlation Matching

When determining whether Lumen Technologies offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Lumen Technologies' financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Lumen Technologies Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Lumen Technologies Stock:

How To Invest In Lumen

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Is Lumen Stock a good investment?

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What is Lumen Technologies' Net Worth?

Details

Largest Diversified Telecommunication Services Companies

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Largest Telecommunication Services Companies

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To learn how to invest in Lumen Stock, please use our How to Invest in Lumen Technologies guide.

You can also try the Equity Forecasting module to use basic forecasting models to generate price predictions and determine price momentum.

Is Diversified Telecommunication Services space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Lumen Technologies. If investors know Lumen will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Lumen Technologies listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.

Quarterly Earnings Growth

(0.89)

Earnings Share

(2.15)

Revenue Per Share

13.483

Quarterly Revenue Growth

(0.12)

Return On Assets

0.0066

The market value of Lumen Technologies is measured differently than its book value, which is the value of Lumen that is recorded on the company's balance sheet. Investors also form their own opinion of Lumen Technologies' value that differs from its market value or its book value, called intrinsic value, which is Lumen Technologies' true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Lumen Technologies' market value can be influenced by many factors that don't directly affect Lumen Technologies' underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.

Please note, there is a significant difference between Lumen Technologies' value and its price as these two are different measures arrived at by different means. Investors typically determine if Lumen Technologies is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Lumen Technologies' price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.

Macroaxis helps investors of all levels and skills to maximize the upside of all their holdings and minimize the risk associated with market volatility, economic swings, and company-specific events. View terms and conditions

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Lumen Historical Income Statement

About Lumen Income Statement Analysis

Lumen Technologies Income Statement Chart

Total Revenue

Gross Profit

Other Operating Expenses

Cost Of Revenue

Lumen Technologies income statement Correlations

Lumen Technologies Account Relationship Matchups

High Positive Relationship

High Negative Relationship

Lumen Technologies income statement Accounts

Pair Trading with Lumen Technologies

Moving together with Lumen Stock

Moving against Lumen Stock

COMMON DESTINATIONS

MAIN CATEGORIES

COMPANY

Net Income	+ 1.0	Income Before Tax
Net Income From Continuing Ops	+ 1.0	Net Income
Gross Profit	+ 0.99	Total Revenue
Net Income From Continuing Ops	+ 0.99	Income Before Tax
Gross Profit	+ 0.98	Depreciation And Amortization
Total Revenue	+ 0.97	Interest Expense

Selling General Administrative	- 0.91	Minority Interest
Reconciled Depreciation	- 0.89	Net Interest Income
Non Recurring	- 0.89	Total Other Income Expense Net
Minority Interest	- 0.88	Cost Of Revenue
Non Operating Income Net Other	- 0.82	Ebit
Non Operating Income Net Other	- 0.81	Ebitda