With 450,000 route miles of fiber, Lumen Technologies is one of the United States’ largest telecommunications carriers serving global enterprises. Its merger with Level 3 in 2017 and divestiture of much of its incumbent local exchange carrier, or ILEC, business in 2022 has shifted the company’s operations away from its legacy consumer business and toward enterprises (now about 75% of revenue). Lumen offers businesses a full menu of communications services, providing colocation and data center services, data transportation, and end-user phone and internet service. On the consumer side, Lumen provides broadband and phone service across 37 states, where it has 4.5 million broadband customers.
1968
25K+
LTM Revenue $12.9B
LTM EBITDA $3.4B
$21.2B
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Lumen has a last 12-month revenue of $12.9B and a last 12-month EBITDA of $3.4B.
In the most recent fiscal year, Lumen achieved revenue of $13.1B and an EBITDA of $4.1B.
Lumen expects next 12-month revenue of XXX   and NTM EBITDA of XXX
See Lumen valuation multiples based on analyst estimatesFY 2023 | FY 2024 | FY 2025 | LTM | NTM | |
---|---|---|---|---|---|
Revenue | $14.6B | $13.1B | XXX | XXX | XXX |
Gross Profit | $9.6B | $7.4B | XXX | XXX | XXX |
Gross Margin | 66% | 57% | XXX | XXX | XXX |
EBITDA | -$6.1B | $4.1B | XXX | XXX | XXX |
EBITDA Margin | -42% | 31% | XXX | XXX | XXX |
Net Profit | -$1.5B | -$10.3B | XXX | XXX | XXX |
Net Margin | -11% | -79% | XXX | XXX | XXX |
Net Debt | $19.3B | $17.8B | XXX | XXX | XXX |
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As of March 17, 2025, Lumen's stock price is $5.
Lumen has current market cap of $4.9B, and EV of $21.2B.
See Lumen trading valuation dataEV | Market Cap | Price 1D | Price 1M | Price 3M | Price 12M | EPS |
---|---|---|---|---|---|---|
$21.2B | $4.9B | XXX | XXX | XXX | XXX | $-0.38 |
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Sign UpAs of March 17, 2025, Lumen has market cap of $4.9B and EV of $21.2B.
Lumen's trades at 1.6x LTM EV/Revenue multiple, and 6.2x LTM EBITDA.
Analysts estimate Lumen's 2025E EV/Revenue multiple at XXX and 2025E EV/EBITDA multiple at XXX
See valuation multiples for Lumen and 10K+ public compsFY 2024 | FY 2025E | FY 2026E | FY 2027E | |
---|---|---|---|---|
EV | $21.2B | XXX | XXX | XXX |
EV/Revenue | 1.6x | XXX | XXX | XXX |
EV/EBITDA | 5.2x | XXX | XXX | XXX |
P/E | -89.8x | XXX | XXX | XXX |
P/E/Growth | n/a | XXX | XXX | XXX |
EV/FCF | 19.2x | XXX | XXX | XXX |
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Access all public comps and forward-looking valuation multiples like EV/Revenue in 2025, based on equity research analyst estimates.
Sign UpLumen's NTM/LTM revenue growth is -5%
Lumen's revenue per employee for the last fiscal year averaged $0.5M, while opex per employee averaged $0.2M for the same period.
Over next 12 months, Lumen's ratio of sales and marketing spend to revenue is estimated to be XXX , while its R&D spend to revenue to be XXX .
Analysts estimate Lumen's 2025E EV/Revenue multiple at XXX and 2025E EV/EBITDA multiple at XXX
See operational valuation multiples for Lumen and other 10K+ public compsFY 2024 | NTM | FY 2025E | FY 2026E | FY 2027E | |
---|---|---|---|---|---|
Revenue Growth | -10% | XXX | XXX | XXX | XXX |
EBITDA Margin | 31% | XXX | XXX | XXX | XXX |
EBITDA Growth | -167% | XXX | XXX | XXX | XXX |
Rule of 40 (SaaS-only) | 26% | XXX | XXX | XXX | XXX |
Revenue per Employee | $0.5M | XXX | XXX | XXX | XXX |
Opex per Employee | $0.2M | XXX | XXX | XXX | XXX |
S&M Expenses to Revenue | n/a | XXX | XXX | XXX | XXX |
G&A Expenses to Revenue | 24% | XXX | XXX | XXX | XXX |
R&D Expenses to Revenue | n/a | XXX | XXX | XXX | XXX |
Opex to Revenue | 46% | XXX | XXX | XXX | XXX |
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Benchmark public comps and private revenue and EBITDA valuation multiples across GRC software, cloud infrastructure, DevOps, online marketplaces and so much more!
EV/Revenue | EV/EBITDA | |||||
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2025E | 2026E | 2027E | 2025E | 2026E | 2027E | |
XXX | XXX | XXX | XXX | XXX | XXX | |
e& | XXX | XXX | XXX | XXX | XXX | XXX |
Space42 | XXX | XXX | XXX | XXX | XXX | XXX |
Jordan Telecom | XXX | XXX | XXX | XXX | XXX | XXX |
KPN | XXX | XXX | XXX | XXX | XXX | XXX |
XXXXXXXX | XXX | XXX | XXX | XXX | XXX | XXX |
XXXXXXXX | XXX | XXX | XXX | XXX | XXX | XXX |
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Lumen acquired XXX companies to date.
Last acquisition by Lumen was XXXXXXXX, XXXXX XXXXX XXXXXX . Lumen acquired XXXXXXXX for XXX (EV/Revenue multiple of XXX ).
See M&A valuation multiplesAcquired Company | EV | EV/Revenue | EV/EBITDA |
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XXXXXXXXX | XXX | XXX | XXX |
XXXXXXXXX | XXX | XXX | XXX |
XXXXXXXXX | XXX | XXX | XXX |
XXXXXXXXX | XXX | XXX | XXX |
XXXXXXXXX | XXX | XXX | XXX |
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Sign UpWhen was Lumen founded? | Lumen was founded in 1968. |
Where is Lumen headquartered? | Lumen is headquartered in United States of America. |
How many employees does Lumen have? | As of today, Lumen has 25K+ employees. |
Who is the CEO of Lumen? | Lumen's CEO is Ms. Kate E. Johnson. |
Is Lumen publicy listed? | Yes, Lumen is a public company listed on NYS. |
What is the stock symbol of Lumen? | Lumen trades under LUMN ticker. |
When did Lumen go public? | Lumen went public in 1978. |
Who are competitors of Lumen? | Similar companies to Lumen include e.g. , e&, Space42, Jordan Telecom. |
What is the current market cap of Lumen? | Lumen's current market cap is $4.9B |
What is the current revenue of Lumen? | Lumen's last 12-month revenue is $12.9B. |
What is the current EBITDA of Lumen? | Lumen's last 12-month EBITDA is $3.4B. |
What is the current EV/Revenue multiple of Lumen? | Current revenue multiple of Lumen is 1.6x. |
What is the current EV/EBITDA multiple of Lumen? | Current EBITDA multiple of Lumen is 6.2x. |
What is the current revenue growth of Lumen? | Lumen revenue growth between 2023 and 2024 was -10%. |
Is Lumen profitable? | Yes, Lumen is EBITDA-positive (as of the last 12 months). |
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