Lumen Historical Income Statement
LUMN Stock | USD 7.85 0.30 3.97% |
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.
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.
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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
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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.Tax Provision
The amount set aside by a company to cover any estimated taxes for the current period. It reflects the company's expected tax liabilities.Net Interest Income
The difference between the revenue generated from a bank's interest-bearing assets and the expenses associated with paying its interest-bearing liabilities.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 21st 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 |
Lumen Technologies income statement Correlations
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Lumen Technologies Account Relationship Matchups
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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
Moving against Lumen Stock
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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.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.You can also try the Balance Of Power module to check stock momentum by analyzing Balance Of Power indicator and other technical ratios.
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 (2.17) | 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.