Lumen Technologies Inc (LUMN)
Return on equity (ROE)
| 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 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Net income (ttm) | US$ in thousands | -10,298,000 | -11,372,000 | -10,716,000 | -1,636,000 | -1,548,000 | 2,029,000 | 1,995,000 | 2,157,000 | 2,033,000 | -764,000 | -942,000 | -1,071,000 | -1,232,000 | 1,280,000 | 1,216,000 | 1,210,000 | -5,269,000 | -7,904,000 | -7,934,000 | -8,013,000 |
| Total stockholders’ equity | US$ in thousands | 417,000 | 2,219,000 | 2,284,000 | 10,995,000 | 10,374,000 | 12,577,000 | 12,219,000 | 12,282,000 | 11,840,000 | 11,183,000 | 11,706,000 | 11,303,000 | 11,162,000 | 13,689,000 | 13,462,000 | 13,291,000 | 13,470,000 | 13,674,000 | 13,673,000 | 13,524,000 |
| ROE | -2,469.54% | -512.48% | -469.18% | -14.88% | -14.92% | 16.13% | 16.33% | 17.56% | 17.17% | -6.83% | -8.05% | -9.48% | -11.04% | 9.35% | 9.03% | 9.10% | -39.12% | -57.80% | -58.03% | -59.25% |
December 31, 2023 calculation
ROE = Net income (ttm) ÷ Total stockholders’ equity
= $-10,298,000K ÷ $417,000K
= -2,469.54%
Based on the data provided, the return on equity (ROE) of Lumen Technologies Inc has shown significant fluctuations over the referenced quarters. The ROE has been negative for the last four quarters, with particularly sharp declines in Q4 2023 and Q3 2023, exhibiting -2,469.54% and -512.48% respectively. These negative ROE figures indicate that the company's net income is insufficient to cover its equity. This may suggest operational inefficiencies or significant financial challenges within the company.
The positive ROE figures recorded in the earlier quarters of Q3 2022, Q2 2022, and Q1 2022 indicate that during that period, the company was generating returns on its equity investment. However, the ROE percentage declined gradually from 17.56% in Q1 2022 to -14.83% in Q4 2022.
Overall, the trend in Lumen Technologies Inc's ROE suggests inconsistent performance in generating profits relative to shareholders' equity. The negative ROE values raise concerns regarding the company's profitability and financial health, highlighting the need for further investigation into the factors driving these fluctuations and any potential underlying issues affecting the company's financial performance.
Peer comparison
Dec 31, 2023