Lumen Technologies Inc (LUMN)
Net profit margin
| Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | ||
|---|---|---|---|---|---|---|
| Net income | US$ in thousands | -55,000 | -10,298,000 | -1,548,000 | 2,033,000 | -1,232,000 |
| Revenue | US$ in thousands | 13,108,000 | 14,557,000 | 17,478,000 | 19,687,000 | 20,712,000 |
| Net profit margin | -0.42% | -70.74% | -8.86% | 10.33% | -5.95% |
December 31, 2024 calculation
Net profit margin = Net income ÷ Revenue
= $-55,000K ÷ $13,108,000K
= -0.42%
Lumen Technologies Inc's net profit margin has displayed significant fluctuations over the years. As of December 31, 2020, the net profit margin was -5.95%, indicating the company incurred a loss relative to its revenue. However, by December 31, 2021, the net profit margin improved substantially to 10.33%, reflecting a profitable period for the company.
In the subsequent years, the net profit margin declined sharply. By December 31, 2022, it fell to -8.86%, signifying a return to negative profitability. The situation worsened significantly in the following year, with a net profit margin of -70.74% as of December 31, 2023, indicating substantial losses relative to revenue.
However, there was a slight recovery by December 31, 2024, with the net profit margin improving to -0.42%. Despite this improvement, the company still experienced a negative profit margin, albeit to a lesser extent compared to the preceding years.
Overall, the fluctuating trend in Lumen Technologies Inc's net profit margin raises concerns about its financial performance and operational efficiency. Further analysis of the company's cost structure and revenue generation may be necessary to understand the underlying factors contributing to these fluctuations.
Peer comparison
Dec 31, 2024