Company / Return on Equity (ROE)
Lumen Technologies Return on Equity (ROE) History
FY2016-FY2024 · Annual data · Source: SEC filings
At a glance
Latest annual filing availableLatest Return on Equity (ROE)
-11.8%
FY2024
5-year range
-2469.5% / 17.3%
FY2020-FY2024
Trend
+99.5%
vs FY2023
Sector context
#53 of 64
Communication Services
What the data says
Lumen Technologies reports negative total equity of -11.8% in FY2024. Negative equity can occur when accumulated losses exceed contributed capital, as reported in the balance sheet from the SEC filing.
Based on SEC 10-K filings.
-11.8% in FY2024 with a 5-year CAGR of +27.3%.
Improved from -14.9% to -11.8% over the past 2 years.
Communication Services sector context is included.
Return on Equity (ROE) over time
Growth rates
- 3-Year Change
- -29.1pp
- 5-Year Change
- +27.3pp
- 10-Year Change
- -
Sector benchmark
Bottom 17% in Communication ServicesTop 83% of 64This company -11.8% Sector average 5.2%
▼
-328.0% below sector average
Key checks
Key Insights
- In FY2024, return on equity (roe) increased 99.5% year-over-year.
- Currently 17.0pp below the Communication Services sector average.
- Peak return on equity (roe) was recorded in FY2021.
- Lowest return on equity (roe) in the period was in FY2023.
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 | Return on Equity (ROE)Value | YoY GrowthYoY |
|---|---|---|
| FY2025 | - | - |
| FY2024 | -11.8% | +99.5% |
| FY2023 | -2469.5% | -16451.9% |
| FY2022 | -14.9% | -186.4% |
| FY2021 | 17.3% | +256.3% |
| FY2020 | -11.0% | +71.8% |
| FY2019 | -39.1% | -347.6% |
| FY2018 | -8.7% | -247.9% |
| FY2017 | 5.9% | +26.6% |
| FY2016 | 4.7% | -25.2% |
As of FY2024 · SEC 10-K · Updated Feb 28, 2026