Lumen Historical Income Statement

LUMN Stock  USD 7.88  0.03  0.38%   
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.
 
Oil Shock
 
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Housing Crash
 
Credit Downgrade
 
Yuan Drop
 
Covid
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.
  
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 24th 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.

Depreciation And Amortization

The systematic reduction in the recorded value of an intangible asset. This includes the allocation of the cost of tangible assets to periods in which the assets are used, representing the expense related to the wear and tear, deterioration, or obsolescence of physical assets and intangible assets over their useful lives.

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.

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 24th 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 Expense1.5B1.3B1.2B639.2M
Depreciation And Amortization4.4B3.2B3.0B1.8B

Lumen Technologies income statement Correlations

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0.90.970.940.480.420.470.630.920.870.12-0.530.110.2-0.690.9-0.090.06-0.31-0.36-0.020.42-0.740.610.37
0.960.970.990.460.480.510.690.910.940.24-0.410.210.3-0.780.930.080.16-0.37-0.250.070.34-0.580.510.26
0.980.940.990.420.530.550.730.890.960.29-0.380.260.36-0.770.910.130.22-0.43-0.220.130.35-0.550.510.24
0.40.480.460.42-0.5-0.46-0.250.740.29-0.64-0.2-0.65-0.01-0.80.7-0.23-0.690.41-0.39-0.25-0.23-0.1-0.10.17
0.510.420.480.53-0.50.950.910.180.630.87-0.240.850.35-0.020.190.310.83-0.760.120.350.48-0.410.550.15
0.560.470.510.55-0.460.950.970.220.680.87-0.190.850.29-0.020.240.380.84-0.820.230.280.61-0.510.670.14
0.740.630.690.73-0.250.910.970.420.830.8-0.230.780.33-0.240.450.380.76-0.810.160.260.62-0.560.70.17
0.840.920.910.890.740.180.220.420.81-0.08-0.44-0.10.18-0.880.95-0.09-0.15-0.08-0.38-0.090.18-0.550.390.3
0.960.870.940.960.290.630.680.830.810.44-0.280.420.28-0.70.860.320.38-0.540.010.070.51-0.540.590.16
0.330.120.240.29-0.640.870.870.8-0.080.440.251.00.210.12-0.020.550.99-0.760.440.250.36-0.10.35-0.29
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0.310.110.210.26-0.650.850.850.78-0.10.421.00.290.120.13-0.030.571.0-0.750.480.160.38-0.090.34-0.32
0.330.20.30.36-0.010.350.290.330.180.280.21-0.310.12-0.190.15-0.130.11-0.22-0.320.95-0.1-0.070.130.22
-0.76-0.69-0.78-0.77-0.8-0.02-0.02-0.24-0.88-0.70.120.160.13-0.19-0.91-0.150.19-0.050.190.110.090.11-0.01-0.1
0.890.90.930.910.70.190.240.450.950.86-0.02-0.32-0.030.15-0.910.11-0.08-0.12-0.2-0.120.25-0.440.340.19
0.24-0.090.080.13-0.230.310.380.38-0.090.320.550.550.57-0.13-0.150.110.57-0.430.91-0.160.310.37-0.08-0.37
0.260.060.160.22-0.690.830.840.76-0.150.380.990.291.00.110.19-0.080.57-0.740.50.170.38-0.070.33-0.32
-0.52-0.31-0.37-0.430.41-0.76-0.82-0.81-0.08-0.54-0.76-0.05-0.75-0.22-0.05-0.12-0.43-0.74-0.29-0.23-0.640.36-0.66-0.03
-0.1-0.36-0.25-0.22-0.390.120.230.16-0.380.010.440.660.48-0.320.19-0.20.910.5-0.29-0.250.310.42-0.13-0.45
0.1-0.020.070.13-0.250.350.280.26-0.090.070.25-0.250.160.950.11-0.12-0.160.17-0.23-0.25-0.07-0.030.130.19
0.430.420.340.35-0.230.480.610.620.180.510.36-0.170.38-0.10.090.250.310.38-0.640.31-0.07-0.650.840.17
-0.5-0.74-0.58-0.55-0.1-0.41-0.51-0.56-0.55-0.54-0.10.65-0.09-0.070.11-0.440.37-0.070.360.42-0.03-0.65-0.89-0.49
0.540.610.510.51-0.10.550.670.70.390.590.35-0.390.340.13-0.010.34-0.080.33-0.66-0.130.130.84-0.890.3
0.160.370.260.240.170.150.140.170.30.16-0.29-0.89-0.320.22-0.10.19-0.37-0.32-0.03-0.450.190.17-0.490.3
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Lumen Technologies Account Relationship Matchups

Lumen Technologies income statement Accounts

201920202021202220232024 (projected)
Depreciation And Amortization4.8B5.1B4.4B3.2B3.0B1.8B
Interest Expense2.0B1.7B1.5B1.3B1.2B639.2M
Total Revenue22.4B20.7B19.7B17.5B14.6B8.2B
Gross Profit12.3B11.8B11.2B9.6B7.4B4.6B
Other Operating Expenses18.6B17.1B15.4B14.2B24.1B25.3B
Operating Income3.8B3.5B4.3B3.5B(9.6B)(9.1B)
Ebit3.8B824M4.1B341M(9.1B)(8.6B)
Ebitda8.6B5.9B8.5B3.6B(6.1B)(5.8B)
Cost Of Revenue10.1B8.9B8.5B7.9B7.1B7.5B
Total Operating Expenses8.5B8.2B6.9B6.3B3.2B3.1B
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 Expense503M450M668M557M61M58.0M
Net Income Applicable To Common Shares(5.3B)(1.2B)2.0B(1.5B)(1.4B)(1.3B)
Selling General Administrative3.7B3.4B2.8B3.0B3.1B2.4B
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)246M282.9M297.0M
Selling And Marketing Expenses218M98M62M56M87M111.9M
Tax Provision503M450M668M557M61M58.0M
Interest Income2.2B2.0B1.7B24M41M39.0M
Net Interest Income(2.0B)(1.7B)(1.5B)(1.3B)(1.1B)(1.2B)
Reconciled Depreciation4.8B4.7B4.0B3.2B3.0B3.3B

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

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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.
Pair CorrelationCorrelation 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:
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 Bond Analysis module to evaluate and analyze corporate bonds as a potential investment for your portfolios..
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.