Company / Capital Expenditures
Lumen Technologies Capital Expenditures History
FY2016-FY2025 · Annual data · Source: SEC filings
At a glance
Latest annual filing availableLatest Capital Expenditures
$4.4B
FY2025
5-year range
$2.9B / $4.4B
FY2021-FY2025
Trend
+35.2%
vs FY2024
Sector context
#8 of 65
Communication Services
What the data says
Lumen Technologies's capital expenditures of $4.4B is higher than 88% of companies in the Communication Services sector (FY2025). Capital Expenditures has increased for 4 consecutive years, from $2.9B in FY2021 to $4.4B in FY2025.
Based on SEC 10-K filings.
$4.4B in FY2025 with a 5-year CAGR of +3.2%. Top quartile in the Communication Services sector.
Improved from $3.1B to $4.4B over the past 2 years.
Communication Services sector context is included.
Capital Expenditures over time
Growth rates
- 3-Year CAGR
- +13.1%
- 5-Year CAGR
- +3.2%
- 10-Year CAGR
- -
Sector benchmark
+18.3% above sector average
Key checks
Key Insights
- Lumen Technologies's capital expenditures has grown for 4 consecutive years.
- 5-year CAGR of +3.2%, indicating consistent growth.
- In FY2025, capital expenditures increased 35.2% year-over-year.
- Ranks #8 out of 65 companies in the Communication Services sector.
Company context
Key Data Points
- Altman Z-Score -0.14 (distress zone, below 1.8 threshold)
- High earnings quality (cash-backed earnings)
Data sourced from SEC EDGAR filings. Not investment advice.
Annual data
| Year | Capital ExpendituresValue | YoY GrowthYoY |
|---|---|---|
| FY2025 | $4.4B | +35.2% |
| FY2024 | $3.2B | +4.2% |
| FY2023 | $3.1B | +2.8% |
| FY2022 | $3.0B | +4.0% |
| FY2021 | $2.9B | -22.2% |
| FY2020 | $3.7B | +2.8% |
| FY2019 | $3.6B | +14.3% |
| FY2018 | $3.2B | +2.2% |
| FY2017 | $3.1B | +4.2% |
| FY2016 | $3.0B | +3.8% |
As of FY2025 · SEC 10-K · Updated Feb 28, 2026