Financials Lumen Technologies, Inc.

Equities

LUMN

US5502411037

Integrated Telecommunications Services

Market Closed - Nyse Other stock markets 16:00:02 2024-12-13 EST			5-day change	1st Jan Change
6.510 ^USD	+1.72%		-7.00%	+255.74%

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Projected Income Statement: Lumen Technologies, Inc.

income-statement-evolution-chart LUMEN-TECHNOLOGIES-INC

Fiscal Period: december	2019	2020	2021	2022	2023	2024	2025	2026
Net sales ¹	22,401	20,712	19,687	17,478	14,557	12,970	12,298	12,027
Change	-	-7.54%	-4.95%	-11.22%	-16.71%	-10.9%	-5.18%	-2.2%
EBITDA ¹	9,070	8,888	8,440	6,858	4,628	3,819	3,466	3,719
Change	-	-2.01%	-5.04%	-18.74%	-32.52%	-17.49%	-9.23%	7.29%
EBIT ¹	3,780	3,604	4,285	4,066	1,230	565.1	624.7	897.6
Change	-	-4.66%	18.9%	-5.11%	-69.75%	-54.05%	10.54%	43.69%
Interest Paid ¹	-2,021	-1,668	-1,522	-1,332	-1,158	-1,360	-1,366	-1,343
Earnings before Tax (EBT) ¹	-4,766	-782	2,701	-991	-10,237	-160.9	-782.7	-443.7
Change	-	-83.59%	-	-	933%	98.43%	-386.32%	43.31%
Net income ¹	-5,269	-1,232	2,033	-1,548	-10,298	-205.2	-708.9	-312.4
Change	-	-76.62%	-	-	565.25%	98.01%	-245.42%	55.93%
Announcement Date	2/12/20	2/10/21	2/9/22	2/7/23	2/6/24	-	-	-

¹USD in Million

Estimates

Fiscal Period: December	2019 Q4	2020 Q1	2020 Q2	2020 Q3	2020 Q4	2021 Q1	2021 Q2	2021 Q3	2021 Q4	2022 Q1	2022 Q2	2022 Q3	2022 Q4	2023 Q1	2023 Q2	2023 Q3	2023 Q4	2024 Q1	2024 Q2	2024 Q3	2024 Q4	2025 Q1	2025 Q2	2025 Q3	2025 Q4	2026 Q1	2026 Q2	2026 Q3
Net sales ¹	5,570	5,228	5,192	5,167	5,125	5,029	4,924	4,887	4,847	4,676	4,612	4,390	3,800	3,738	3,661	3,641	3,517	3,290	3,268	3,221	3,199	3,133	3,108	3,076	3,033	2,988	2,978	3,079
Change	-	-6.14%	-0.69%	-0.48%	-0.81%	-1.87%	-2.09%	-0.75%	-0.82%	-3.53%	-1.37%	-4.81%	-13.44%	-1.63%	-2.06%	-0.55%	-3.41%	-6.45%	-0.67%	-1.44%	-0.67%	-2.08%	-0.77%	-1.06%	-1.37%	-1.49%	-0.33%	3.39%
EBITDA ¹	2,278	2,243	2,174	2,190	2,281	2,165	2,109	2,078	2,088	1,966	1,764	2,215	1,393	1,251	1,127	1,049	1,099	215	1,011	899	1,004	902.6	874.2	853.1	859.1	879	923	900
Change	-	-1.54%	-3.08%	0.74%	4.16%	-5.09%	-2.59%	-1.47%	0.48%	-5.84%	-10.27%	25.57%	-37.11%	-10.19%	-9.91%	-6.92%	4.77%	-80.44%	370.23%	-11.08%	11.7%	-10.12%	-3.14%	-2.41%	0.7%	2.32%	5.01%	-2.49%
EBIT ¹	847	980	903	888	833	987	1,006	1,131	1,161	1,083	912	1,384	687	504	474	278	133	-95	28	182	244.8	196.3	157.1	114	108	180	209	169
Change	-	15.7%	-7.86%	-1.66%	-6.19%	18.49%	1.93%	12.43%	2.65%	-6.72%	-15.79%	51.75%	-50.36%	-26.64%	-5.95%	-41.35%	-52.16%	-	-	550%	34.49%	-19.78%	-19.97%	-27.45%	-5.27%	66.67%	16.11%	-19.14%
Charge d'intérêts ¹	-484	-449	-414	-409	-396	-389	-384	-377	-372	-352	-337	-363	-280	-279	-294	-295	-290	-291	-373	-351	-345.8	-333.7	-331.7	-330.3	-330.3	-336	-336	-336
Earnings before Tax (EBT) ¹	349	433	513	480	-2,208	632	674	716	679	801	453	937	-3,182	680	-8,690	-85	-2,142	102	-41	-172	-71.4	-177	-194.5	-216.5	-208	-	-	-
Change	-	24.07%	18.48%	-6.43%	-	-	6.65%	6.23%	-5.17%	17.97%	-43.45%	106.84%	-	-	-	-99.02%	2,420%	-	-	319.51%	58.49%	-147.9%	-9.89%	-11.31%	3.93%	100%	-	-
Net income ¹	223	314	377	366	-2,289	475	506	544	508	599	344	578	-3,069	511	-8,736	-78	-1,995	57	-49	-148	-93.07	-155	-186.3	-219.6	-231.3	-76	-55	-84
Change	-	40.81%	20.06%	-2.92%	-	-	6.53%	7.51%	-6.62%	17.91%	-42.57%	68.02%	-	-	-	-99.11%	2,457.69%	-	-	202.04%	37.12%	-66.55%	-20.22%	-17.86%	-5.33%	67.15%	27.63%	-52.73%
Announcement Date	2/12/20	5/6/20	8/5/20	11/4/20	2/10/21	5/5/21	8/3/21	11/3/21	2/9/22	5/4/22	8/3/22	11/2/22	2/7/23	5/2/23	8/1/23	10/31/23	2/6/24	4/30/24	8/6/24	11/5/24	-	-	-	-	-	-	-	-

¹USD in Million

Estimates

Forecast Balance Sheet: Lumen Technologies, Inc.

balance-sheet-analysis-chart LUMEN-TECHNOLOGIES-INC

Fiscal Period: December	2019	2020	2021	2022	2023	2024	2025	2026
Net Debt ¹	33,004	31,431	28,628	19,321	17,754	16,438	16,499	16,342
Change	-	-4.77%	-8.92%	-32.51%	-8.11%	-7.41%	0.37%	-0.95%
Announcement Date	2/12/20	2/10/21	2/9/22	2/7/23	2/6/24	-	-	-

¹USD in Million

Estimates

Cash Flow Forecast: Lumen Technologies, Inc.

Fiscal Period: December	2019	2020	2021	2022	2023	2024	2025	2026
CAPEX ¹	3,628	3,729	2,900	3,016	3,100	3,199	3,746	3,487
Change	-	2.78%	-22.23%	4%	2.79%	3.21%	17.09%	-6.92%
Free Cash Flow (FCF) ¹	3,052	2,795	3,601	1,719	-940	1,163	101.8	340.7
Change	-	-8.42%	28.84%	-52.26%	-154.68%	-223.77%	-91.25%	234.8%
Announcement Date	2/12/20	2/10/21	2/9/22	2/7/23	2/6/24	-	-	-

¹USD in Million

Estimates

Forecast Financial Ratios: Lumen Technologies, Inc.

Fiscal Period: December	2019	2020	2021	2022	2023	2024	2025	2026
Profitability
EBITDA Margin (%)	40.49%	42.91%	42.87%	39.24%	31.79%	29.44%	28.19%	30.92%
EBIT Margin (%)	16.87%	17.4%	21.77%	23.26%	8.45%	4.36%	5.08%	7.46%
EBT Margin (%)	-21.28%	-3.78%	13.72%	-5.67%	-70.32%	-1.24%	-6.36%	-3.69%
Net margin (%)	-23.52%	-5.95%	10.33%	-8.86%	-70.74%	-1.58%	-5.76%	-2.6%
FCF margin (%)	13.62%	13.49%	18.29%	9.84%	-6.46%	8.97%	0.83%	2.83%
FCF / Net Income (%)	-57.92%	-226.87%	177.13%	-111.05%	9.13%	-566.91%	-14.36%	-109.05%
Profitability
ROA	-7.81%	2.9%	3.46%	3.02%	-25.86%	-0.51%	-2.14%	-0.91%
ROE	8.46%	14.62%	17.73%	14.04%	3.58%	-74.77%	-	-
Financial Health
Leverage (Debt/EBITDA)	3.64x	3.54x	3.39x	2.82x	3.84x	4.3x	4.76x	4.39x
Debt / Free cash flow	10.81x	11.25x	7.95x	11.24x	-18.89x	14.13x	162.13x	47.96x
Capital Intensity
CAPEX / Current Assets (%)	16.2%	18%	14.73%	17.26%	21.3%	24.67%	30.46%	28.99%
CAPEX / EBITDA (%)	40%	41.96%	34.36%	43.98%	66.98%	83.79%	108.08%	93.76%
CAPEX / FCF (%)	118.87%	133.42%	80.53%	175.45%	-329.79%	275%	3,681.2%	1,023.46%
Items per share
Cash flow per share ¹	6.235	6.046	6.094	4.7	2.197	4.336	4.035	3.14
Change	-	-3.03%	0.8%	-22.88%	-53.25%	97.33%	-6.93%	-22.19%
Dividend per Share ¹	1	1	1	0.75	-	-	-	-
Change	-	0%	0%	-25%	-	-	-	-
Book Value Per Share ¹	12.36	10.34	11.57	10.42	0.4242	0.2714	-0.4635	-0.945
Change	-	-16.3%	11.84%	-9.93%	-95.93%	-36.03%	-270.81%	103.86%
EPS ¹	-4.92	-1.14	1.91	-1.54	-10.48	-0.2005	-0.7226	-0.293
Change	-	-76.83%	-267.54%	-180.63%	580.52%	-98.09%	260.39%	-59.45%
Nbr of stocks (in thousands)	1,090,229	1,097,131	1,023,894	1,034,583	1,008,899	1,014,812	1,014,812	1,014,812
Announcement Date	2/12/20	2/10/21	2/9/22	2/7/23	2/6/24	-	-	-