Lumen Technologies Inc (LUMN)
Pretax 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 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Earnings before tax but after interest (EBT) (ttm) | US$ in thousands | 178,000 | -2,253,000 | -2,166,000 | -10,815,000 | -10,237,000 | -11,277,000 | -10,255,000 | -1,112,000 | -991,000 | 2,870,000 | 2,649,000 | 2,870,000 | 2,701,000 | -186,000 | -422,000 | -583,000 | -782,000 | 1,775,000 | 1,705,000 | 1,694,000 |
| 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 |
| Pretax margin | 1.36% | -16.94% | -15.79% | -76.65% | -70.32% | -75.99% | -65.78% | -6.72% | -5.67% | 15.49% | 13.93% | 14.84% | 13.72% | -0.93% | -2.08% | -2.84% | -3.78% | 8.39% | 7.89% | 7.71% |
December 31, 2024 calculation
Pretax margin = EBT (ttm) ÷ Revenue (ttm)
= $178,000K ÷ $13,108,000K
= 1.36%
The pretax margin of Lumen Technologies Inc has shown fluctuations over the periods analyzed. It started positively at around 7-8% in the first three quarters of 2020, then turned negative in the last quarter of 2020 and continued to be negative up to the second quarter of 2021. However, there was a significant turnaround with a sharp increase in the pretax margin in the last quarter of 2021, reaching around 14%. This positive trend continued into 2022, with pretax margins staying above 13-15%.
Interestingly, there was a sharp decline in the pretax margin in the middle of 2023, reaching -65.78% in the second quarter, which further deteriorated to -76.65% by the first quarter of 2024. The downward trend continued until the third quarter of 2024, with pretax margins improving slightly in the last quarter of 2024 to reach 1.36%.
These fluctuating pretax margins indicate a mix of positive and challenging periods for Lumen Technologies Inc in terms of generating pre-tax profits relative to its revenue. It is essential for investors and stakeholders to closely monitor the company's future financial performance to assess its profitability sustainability and management efficiency.
Peer comparison
Dec 31, 2024