YouTube · Q1 2026 · 2026-04-24
LUMN · NYSE
Lumen Technologies, Inc.
Telecom Services · United States
- Market cap (USD)
- US$5.74B
- Trailing P/E
- —
- Forward P/E
- —
- Quarterly revenue growth
- -9.3%
- Trailing net margin
- -8.7%
- Indicated dividend yield
- —
Snapshot 2026-09-28 · Latest financial period 2026-06-30 · Yahoo Finance. Quotes may be delayed; reporting periods can differ.
Next earnings: 2026-10-29 (provider estimate, not issuer-confirmed).
Company background
Lumen Technologies, Inc., a networking company, provides integrated products and services to business and mass customers in the United States and internationally. The company operates in two segments, Business and Mass Markets. It offers dark fiber and conduit, edge cloud, internet protocol (IP), voice over IP, managed security, software-defined wide area networks, unified communications and collaboration, and optical services; ethernet and VPN data networks services; and legacy services to manage cash flow, including time division multiplexing voice and private line; other legacy services, such as Synchronous Optical Network (SONET) based ethernet, legacy data hosting services, and conferencing services; and managed and professional service solutions, as well as sells communications equipment. The company also provides high speed and lower speed broadband service to residential and small business customers; local and long-distance voice services, professional services, and other ancillary services; and federal broadband and state support programs. It serves its products and services under the Lumen, CenturyLink, Black Lotus Labs, and Quantum Fiber brand name. The company was formerly known as CenturyLink, Inc. and changed its name to Lumen Technologies, Inc. in September 2020. Lumen Technologies, Inc. was incorporated in 1968 and is headquartered in Monroe, Louisiana.
Company websiteQ2 2026
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Comparable businesses
LUMN peer comparison
Same business group first, then company size. Preferred market cap: 0.5–2x; extended range: one-third–3x. Outside that range, industry benchmarks are labeled separately and excluded from peer medians.
| Metric | LUMNLumen Technologies, Inc.Snapshot 2026-09-28Financial period: 2026-06-30 | IRDMIridium Communications Inc.Snapshot 2026-09-28Financial period: 2026-06-30 | TUTELUS CorporationSnapshot 2026-09-28Financial period: 2026-06-30 | Peer medianSimilar-size peers only |
|---|---|---|---|---|
| Market capMarket value, converted to USD | US$5.74B | US$5.11B | US$13.21B | US$9.16Bn=2 |
| Forward P/EProvider forward earnings estimate | — | 28.14x | 15.40x | 21.77xn=2 |
| EV / EBITDAEnterprise value / trailing EBITDA | 7.83x | 15.99x | — | — |
| Revenue growthLatest quarter vs prior-year quarter | -9.3% | 3.8% | -2.2% | 0.8%n=2 |
| Operating marginLatest reported quarter | -2.9% | 15.1% | 15.1% | 15.1%n=2 |
| Free cash flow yieldTrailing cash flow / market cap | 36.9% | 4.7% | — | — |
| Net debt / EBITDANet debt / trailing EBITDA | 5.20x | 3.79x | 6.07x | 4.93xn=2 |
| Debt / equityTotal debt / positive book equity | — | 3.79x | 2.24x | 3.01xn=2 |
| Trailing P/ETrailing twelve-month earnings | — | 55.47x | — | — |
| Price / bookPrice / positive book equity per share | — | 10.82x | 1.41x | 6.11xn=2 |
| EV / salesEnterprise value / trailing revenue | 1.48x | 7.66x | — | — |
| Earnings growthLatest quarter vs prior-year quarter | — | -55.0% | — | — |
| Gross marginTrailing twelve months | 47.8% | 71.9% | 35.6% | 53.7%n=2 |
| Net marginTrailing twelve months | -8.7% | 10.5% | -4.5% | 3.0%n=2 |
| Return on equityProvider trailing return; positive equity only | — | 19.7% | -6.4% | 6.7%n=2 |
| Free cash flow marginTrailing free cash flow / revenue | 17.9% | 27.1% | 11.9% | 19.5%n=2 |
| Dividend yieldIndicated annual dividend / price | — | 1.2% | 6.4% | 3.8%n=2 |
| Earnings payoutProvider trailing dividend payout | 0.0% | 69.0% | 278.2% | 173.6%n=2 |
| Current ratioCurrent assets / current liabilities | 0.96x | 2.78x | 0.67x | 1.72xn=2 |
| BetaProvider historical market sensitivity | 1.80 | 0.88 | 0.73 | 0.81n=2 |
YouTube · Q1 2026 · 2026-04-24
YouTube · Q1 2026 · 2026-05-11
Comparison methodology & limitations
Reviewed operating groups override broad sector classifications. Other companies are matched only within a sufficiently specific provider industry. Business mix, geography and accounting standards can still differ. Market caps are converted to USD using exchange rates captured during the snapshot refresh. Financial ratios that would mix currencies are omitted. Snapshots must be at most 14 days old and no more than seven days apart for automatic selection.
Peer medians require at least two valid similar-size peers for each metric. Negative earnings, nonpositive equity, missing data and irrelevant bank ratios are not presented as attractive valuations. A higher or lower number is not automatically a better investment. Financial statement periods are not calendar-aligned across companies.
Reported performance
Financial trends
Periods are grouped by their ending calendar year or quarter, not identical fiscal calendars. Exact period-end dates appear in tooltips and reported figures. When reporting currencies differ and a recent captured FX rate is available, money and EPS are normalized to USD for comparison. This is not a historical FX restatement. Gaps are not estimated.
Financial statements load separately from the research page.
Source: . Window ends at the latest available reporting period.
Revenue
Reported figures
Financial data & calculation notes
Standalone charts use the stated reporting currency. When a chart comparison spans currencies, money and EPS can be normalized to USD using a recent captured FX snapshot; this is for comparison only, not a historical FX restatement. Stock-based compensation is noncash. Free cash flow is operating cash flow less capital spending, which may include capitalized software. Missing metrics are not estimated or assumed to be zero. Banking and insurance ratios require industry-specific interpretation. Latest restatements may differ from figures in older episodes.
Market context
Valuation & price history
Adjusted closing price
Price history loads separately.
Price figures
Earnings-multiple scenario
Illustrative price = your earnings-per-share assumption × your P/E assumption. This is not a price target or a complete valuation model.
Starting assumptions, when available, use provider forward estimates as of 2026-09-28. Negative earnings require a different valuation method. This calculation omits balance-sheet, dilution and execution risks.
THE RESEARCH RECORD
Research history for LUMN
Q2 20262026-08-09
Lumen (LUMN) Q2 2026 Earnings: $476M Of Cash In, $91M Of Revenue Out
Presentation · 2026-08-09 · YouTube