Lumen Technologies Inc (LUMN)
Gross profit margin
| Dec 31, 2024 | Sep 30, 2024 | Jun 30, 2024 | Mar 31, 2024 | Dec 31, 2023 | Sep 30, 2023 | Jun 30, 2023 | Mar 31, 2023 | Dec 31, 2022 | Sep 30, 2022 | Jun 30, 2022 | Mar 31, 2022 | Dec 31, 2021 | Sep 30, 2021 | Jun 30, 2021 | Mar 31, 2021 | Dec 31, 2020 | Sep 30, 2020 | Jun 30, 2020 | Mar 31, 2020 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Gross profit (ttm) | US$ in thousands | 6,620,000 | 4,320,000 | 4,582,000 | 5,631,000 | 6,662,000 | 7,607,000 | 8,207,000 | 8,840,000 | 9,610,000 | 10,397,000 | 10,742,000 | 10,997,000 | 11,199,000 | 11,332,000 | 11,527,000 | 11,678,000 | 11,778,000 | 11,933,000 | 12,018,000 | 12,190,000 |
| Revenue (ttm) | US$ in thousands | 13,108,000 | 13,296,000 | 13,716,000 | 14,109,000 | 14,557,000 | 14,840,000 | 15,589,000 | 16,540,000 | 17,478,000 | 18,525,000 | 19,022,000 | 19,334,000 | 19,687,000 | 19,965,000 | 20,245,000 | 20,513,000 | 20,712,000 | 21,157,000 | 21,596,000 | 21,982,000 |
| Gross profit margin | 50.50% | 32.49% | 33.41% | 39.91% | 45.76% | 51.26% | 52.65% | 53.45% | 54.98% | 56.12% | 56.47% | 56.88% | 56.89% | 56.76% | 56.94% | 56.93% | 56.87% | 56.40% | 55.65% | 55.45% |
December 31, 2024 calculation
Gross profit margin = Gross profit (ttm) ÷ Revenue (ttm)
= $6,620,000K ÷ $13,108,000K
= 50.50%
The gross profit margin of Lumen Technologies Inc has shown fluctuations over the period from March 31, 2020, to December 31, 2024. Starting at 55.45% in March 2020, the margin steadily increased to reach a peak of 56.94% in June 2021. Subsequently, there was a slight decline in the margin, stabilizing around the mid-50s range.
However, starting from December 31, 2023, the gross profit margin experienced a significant decline, dropping from 45.76% to 39.91% in March 2024 and further decreasing to 32.49% in September 2024. This steep decline indicates potential challenges in maintaining profitability or managing costs efficiently during this period.
Nonetheless, there was a notable recovery in the gross profit margin by the end of 2024, registering a substantial increase to 50.50% in December 31, 2024. This recovery could imply successful strategic initiatives or operational improvements that positively impacted the company's gross profitability.
Overall, the analysis highlights the importance of monitoring and analyzing the gross profit margin over time as it provides insights into Lumen Technologies Inc's ability to generate revenue and control direct costs associated with its core business operations.
Peer comparison
Dec 31, 2024