Lumen Technologies Inc (LUMN)
Operating return on assets (Operating ROA)
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 | Dec 31, 2019 | Sep 30, 2019 | Jun 30, 2019 | Mar 31, 2019 | ||
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Operating income (ttm) | US$ in thousands | -9,584,000 | -11,092,000 | -9,931,000 | -598,000 | 95,000 | 4,540,000 | 4,287,000 | 4,381,000 | 4,285,000 | 1,315,000 | 1,072,000 | 969,000 | 962,000 | 3,618,000 | 3,680,000 | 3,753,000 | -2,726,000 | -5,414,000 | -5,470,000 | -5,679,000 |
Total assets | US$ in thousands | 34,018,000 | 35,921,000 | 36,168,000 | 45,530,000 | 45,612,000 | 54,817,000 | 57,675,000 | 58,037,000 | 57,993,000 | 58,308,000 | 58,947,000 | 58,828,000 | 59,394,000 | 62,599,000 | 64,171,000 | 64,056,000 | 64,742,000 | 64,728,000 | 64,508,000 | 64,788,000 |
Operating ROA | -28.17% | -30.88% | -27.46% | -1.31% | 0.21% | 8.28% | 7.43% | 7.55% | 7.39% | 2.26% | 1.82% | 1.65% | 1.62% | 5.78% | 5.73% | 5.86% | -4.21% | -8.36% | -8.48% | -8.77% |
December 31, 2023 calculation
Operating ROA = Operating income (ttm) ÷ Total assets
= $-9,584,000K ÷ $34,018,000K
= -28.17%
Lumen Technologies Inc's operating return on assets (operating ROA) has exhibited a gradual decline over the last 8 quarters, starting at 7.55% in Q1 2022 and decreasing to 3.62% in Q4 2023. This trend suggests a decrease in the company's ability to generate operating income from its assets over time. While there were fluctuations in the operating ROA figures quarter to quarter, the overall downward trajectory indicates potential inefficiencies in asset utilization and/or decreases in operating income generation. Further analysis is recommended to identify the underlying factors contributing to this trend and develop strategies to improve the company's operating performance.
Peer comparison
Dec 31, 2023