Financial Snapshot

Revenue
$1.379B
TTM
Gross Margin
18.73%
TTM
Net Earnings
-$561.0M
TTM
Current Assets
Q3 2024
Current Liabilities
Q3 2024
Current Ratio
536.28%
Q3 2024
Total Assets
Q3 2024
Total Liabilities
Q3 2024
Book Value
$895.9M
Q3 2024
Cash
Q3 2024
P/E
-11.62
Nov 29, 2024 EST
Free Cash Flow
-$83.70M
TTM

Revenues

Revenues

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Revenue YoY Change

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Revenues

Concept 2024 2023 2022 2021 2020 2019 2018 2017 2016 2015 2014 2013 2012
Revenue $1.359B $1.767B $1.713B $1.743B $1.679B $1.565B $1.248B $1.002B $903.0M $837.1M $817.9M $769.9M $727.9M
YoY Change -23.08% 3.18% -1.73% 3.82% 7.24% 25.45% 24.57% 10.92% 7.87% 2.35% 6.23% 5.77%

Expenses

Cost Of Revenues

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Gross Profit

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Gross Profit Margin

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Gross Profit

Concept 2024 2023 2022 2021 2020 2019 2018 2017 2016 2015 2014 2013 2012
Revenue $1.359B $1.767B $1.713B $1.743B $1.679B $1.565B $1.248B $1.002B $903.0M $837.1M $817.9M $769.9M $727.9M
Cost Of Revenue $1.075B $1.198B $924.0M $959.7M $1.028B $1.093B $812.4M $677.0M $618.9M $571.6M $552.3M $534.9M $523.0M
Gross Profit $251.5M $569.0M $788.6M $783.1M $650.2M $425.9M $432.1M $318.1M $277.3M $257.9M $256.6M $222.8M $204.9M
Gross Profit Margin 18.5% 32.2% 46.05% 44.93% 38.73% 27.21% 34.63% 31.76% 30.71% 30.81% 31.37% 28.94% 28.15%

Selling, General & Admin Expense

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Research & Development

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Depreciation, Depletion & Amortization

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SGA Expense to Gross Profit Ratio

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R&D To Gross Profit Ratio

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DDA To Gross Profit Ratio

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Operating Expenses Total

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Operating Profits/Loss

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Operational Expenses

Concept 2024 2023 2022 2021 2020 2019 2018 2017 2016 2015 2014 2013 2012
Selling, General & Admin $310.7M $348.8M $265.7M $241.4M $235.2M $200.3M $128.2M $110.2M $117.3M $128.9M $108.2M $102.6M $101.6M
YoY Change -10.92% 31.28% 10.07% 2.64% 17.42% 56.24% 16.33% -6.05% -9.0% 19.13% 5.46% 0.98%
% of Gross Profit 123.54% 61.3% 33.69% 30.83% 36.17% 47.03% 29.67% 34.64% 42.3% 49.98% 42.17% 46.05% 49.59%
Research & Development $302.2M $307.8M $220.7M $214.5M $198.6M $184.6M $156.8M $148.3M $141.1M $140.8M $134.9M $113.7M $107.0M
YoY Change -1.82% 39.47% 2.89% 8.01% 7.58% 17.73% 5.73% 5.1% 0.21% 4.37% 18.65% 6.26%
% of Gross Profit 120.16% 54.09% 27.99% 27.39% 30.54% 43.34% 36.29% 46.62% 50.88% 54.59% 52.57% 51.03% 52.22%
Depreciation & Amortization $110.6M $106.6M $81.60M $91.40M $113.3M $102.9M $74.00M $54.20M $47.40M $43.00M $35.50M $33.60M $42.00M
YoY Change 3.75% 30.64% -10.72% -19.33% 10.11% 39.05% 36.53% 14.35% 10.23% 21.13% 5.65% -20.0%
% of Gross Profit 43.98% 18.73% 10.35% 11.67% 17.43% 24.16% 17.13% 17.04% 17.09% 16.67% 13.83% 15.08% 20.5%
Operating Expenses $685.5M $684.7M $485.3M $256.1M $446.1M $447.5M $292.2M $270.5M $265.8M $281.3M $247.9M $218.9M $208.6M
YoY Change 0.12% 41.09% 89.5% -42.59% -0.31% 53.15% 8.02% 1.77% -5.51% 13.47% 13.25% 4.94%
Operating Profit -$434.0M -$115.7M $303.3M $527.0M $204.1M -$21.60M $139.9M $47.60M $11.50M -$23.40M $8.700M $3.900M -$3.700M
YoY Change 275.11% -138.15% -42.45% 158.21% -1044.91% -115.44% 193.91% 313.91% -149.15% -368.97% 123.08% -205.41%

Interest Expenses

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Interest Expenses To Operating Income %

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Other Expense/Income

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Interest & Other Expense/Income

Concept 2024 2023 2022 2021 2020 2019 2018 2017 2016 2015 2014 2013 2012
Interest Expense -$33.80M $35.50M $80.20M $66.70M $61.20M $36.30M $18.20M $5.500M $100.0K $700.0K $200.0K $1.000M -$1.300M
YoY Change -195.21% -55.74% 20.24% 8.99% 68.6% 99.45% 230.91% 5400.0% -85.71% 250.0% -80.0% -176.92%
% of Operating Profit 26.44% 12.66% 29.99% 13.01% 11.55% 0.87% 2.3% 25.64%
Other Income/Expense, Net $62.10M $48.80M $12.00M $2.800M $31.40M $15.80M $8.500M $2.300M -$1.200M -$1.100M $1.100M $800.0K $9.800M
YoY Change 27.25% 306.67% 328.57% -91.08% 98.73% 85.88% 269.57% -291.67% 9.09% -200.0% 37.5% -91.84%

Income/Loss

Pretax Income

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Income Tax

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Net Profits/Loss

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Pretax Income YoY Change

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Income Tax Rate

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Net Profits/Loss YoY Change

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Basic EPS

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Net Income To Revenue Ratio

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Pretax & Net Income

Concept 2024 2023 2022 2021 2020 2019 2018 2017 2016 2015 2014 2013 2012
Pretax Income -$405.7M -$102.4M $235.1M $463.1M $174.3M -$33.30M $129.4M -$59.80M $9.700M -$24.50M $9.800M $3.700M $4.000M
YoY Change 296.19% -143.56% -49.23% 165.69% -623.42% -125.73% -316.39% -716.49% -139.59% -350.0% 164.86% -7.5%
Income Tax $140.8M $29.20M $36.20M $65.80M $38.80M $3.100M -$118.7M $42.70M $400.0K -$21.10M -$900.0K -$2.800M $1.400M
% Of Pretax Income 15.4% 14.21% 22.26% -91.73% 4.12% -9.18% -75.68% 35.0%
Net Earnings -$546.5M -$131.6M $198.9M $397.3M $135.5M -$36.40M $248.1M -$102.5M $9.300M -$3.400M $10.70M $6.500M $2.600M
YoY Change 315.27% -166.16% -49.94% 193.21% -472.25% -114.67% -342.05% -1202.15% -373.53% -131.78% 64.62% 150.0%
Net Earnings / Revenue -40.21% -7.45% 11.61% 22.8% 8.07% -2.33% 19.88% -10.23% 1.03% -0.41% 1.31% 0.84% 0.36%
Basic Earnings Per Share -$8.12 -$1.93 $2.79 $5.27 $1.79 -$0.54 $3.88 -$1.71 -$0.05 -$0.06 $0.18
Diluted Earnings Per Share -$8.12 -$1.93 $2.68 $5.07 $1.75 -$0.54 $3.82 -$1.71 -$0.05 -$0.06 $0.18 $138.9K $55.56K

Assets & Liabilities

Cash & Short-Term Investments

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Cash & Equivalents

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Cash To Operating Expenses Ratio

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Inventory

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Receivables

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Total Short-Term Assets

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Property, Plant And Equipment

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Long-Term Investments

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Total Long-Term Assets

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Total Assets

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Net Income To Total Assets Percentage

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Accounts Payable

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Short-Term Debt

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Long Term Debt Due

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Total Short-Term Liabilities

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Long-Term Debt

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Other Long-Term Liabilities

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Total Long-Term Liabilities

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Total Liabilities

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Short-Term To Long-Term Debt Ratio

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Short-Term Assets To Debt Ratio

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Long-Term Debt To Net Income Ratio

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Assets & Liabilities

Concept 2024 2023 2022 2021 2020 2019 2018 2017 2016 2015 2014 2013 2012
Cash & Short-Term Investments $887.0M $2.014B $2.549B $1.946B $1.554B $768.5M $711.5M $555.3M $157.1M $14.50M $19.90M $7.800M
YoY Change -55.95% -21.0% 30.99% 25.24% 102.19% 8.01% 28.13% 253.47% 983.45% -27.14% 155.13%
Cash & Equivalents $239.8M $604.7M $1.054B $646.0M $183.8M $218.8M $293.7M $71.60M $157.1M $14.50M $19.90M $7.800M
Short-Term Investments $450.3M $1.155B $1.259B $1.172B $1.256B $335.9M $314.2M $282.4M
Other Short-Term Assets $110.0M $109.6M $78.10M $81.60M $73.80M $49.30M $65.00M $63.50M $61.30M $46.10M $33.10M $36.50M
YoY Change 0.36% 40.33% -4.29% 10.57% 49.7% -24.15% 2.36% 3.59% 32.97% 39.27% -9.32%
Inventory $398.4M $408.6M $250.1M $196.4M $188.9M $228.8M $153.6M $145.2M $100.6M $99.70M $96.50M $79.20M
Prepaid Expenses
Receivables $194.7M $246.1M $262.0M $212.8M $233.5M $238.0M $197.1M $166.3M $170.5M $150.5M $136.5M $121.8M
Other Receivables $0.00 $0.00 $0.00 $0.00 $0.00 $48.20M $0.00 $0.00 $0.00 $0.00 $0.00 $0.00
Total Short-Term Assets $1.590B $2.778B $3.139B $2.437B $2.050B $1.333B $1.127B $930.3M $489.5M $310.8M $286.0M $245.3M
YoY Change -42.76% -11.51% 28.82% 18.87% 53.81% 18.24% 21.17% 90.05% 57.5% 8.67% 16.59%
Property, Plant & Equipment $645.3M $566.8M $434.1M $428.5M $471.7M $433.3M $306.9M $273.5M $183.4M $143.2M $136.5M $103.1M
YoY Change 13.85% 30.57% 1.31% -9.16% 8.86% 41.19% 12.21% 49.13% 28.07% 4.91% 32.4%
Goodwill
YoY Change
Intangibles
YoY Change
Long-Term Investments
YoY Change
Other Assets $23.20M $133.1M $64.30M $76.20M $85.20M $186.2M $129.1M $7.600M $33.50M $31.20M $33.80M $32.00M
YoY Change -82.57% 107.0% -15.62% -10.56% -54.24% 44.23% 1598.68% -77.31% 7.37% -7.69% 5.63%
Total Long-Term Assets $2.342B $1.854B $1.023B $1.115B $1.243B $1.384B $454.3M $302.6M $236.8M $201.8M $206.1M $165.4M
YoY Change 26.3% 81.25% -8.23% -10.28% -10.2% 204.6% 50.13% 27.79% 17.34% -2.09% 24.61%
Total Assets $3.932B $4.632B $4.162B $3.552B $3.293B $2.717B $1.582B $1.233B $726.3M $512.6M $492.1M $410.7M
YoY Change
Accounts Payable $126.3M $169.4M $156.7M $116.9M $150.8M $160.8M $126.5M $114.8M $118.3M $77.80M $82.10M $58.60M
YoY Change -25.44% 8.1% 34.05% -22.48% -6.22% 27.11% 10.19% -2.96% 52.06% -5.24% 40.1%
Accrued Expenses $126.2M $116.8M $120.5M $109.9M $98.10M $111.1M $73.90M $60.30M $49.70M $35.40M $36.30M $35.90M
YoY Change 8.05% -3.07% 9.65% 12.03% -11.7% 50.34% 22.55% 21.33% 40.4% -2.48% 1.11%
Deferred Revenue
YoY Change
Short-Term Debt $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00
YoY Change
Long-Term Debt Due $0.00 $311.6M $409.9M $390.7M $600.0K $5.400M $7.300M
YoY Change -100.0% -23.98% 4.91% 65016.67% -88.89% -26.03%
Total Short-Term Liabilities $269.3M $633.8M $716.5M $664.6M $283.0M $294.0M $214.0M $184.2M $173.7M $122.1M $136.9M $111.9M
YoY Change -57.51% -11.54% 7.81% 134.84% -3.74% 37.38% 16.18% 6.04% 42.26% -10.81% 22.34%
Long-Term Debt $2.503B $2.500B $1.466B $789.8M $1.120B $835.9M $334.6M $317.5M $0.00 $0.00 $0.00 $0.00
YoY Change 0.13% 70.52% 85.63% -29.5% 34.02% 149.82% 5.39%
Other Long-Term Liabilities $146.4M $139.1M $91.70M $88.50M $93.60M $33.70M $71.00M $76.60M $19.40M $9.800M $19.60M $17.00M
YoY Change 5.25% 51.69% 3.62% -5.45% 177.74% -52.54% -7.31% 294.85% 97.96% -50.0% 15.29%
Total Long-Term Liabilities $2.650B $2.639B $1.558B $878.3M $1.214B $869.6M $405.6M $394.1M $19.40M $9.800M $19.60M $17.00M
YoY Change 0.4% 69.41% 77.37% -27.65% 39.59% 114.4% 2.92% 1931.44% 97.96% -50.0% 15.29%
Total Liabilities $2.975B $3.276B $2.287B $1.579B $1.543B $1.220B $655.4M $614.1M $228.9M $131.9M $156.5M $128.9M
YoY Change -9.21% 43.25% 44.87% 2.29% 26.56% 86.07% 6.73% 168.28% 73.54% -15.72% 21.41%

Ownership

Basic Shares Outstanding

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Diluted Shares Outstanding

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Preferred Stock

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Treasury Stock Shares

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Stock Issuance & Repurchase

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Ownership Data

Return On Shareholders' Equity

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Book Value

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Free Cash Flow

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Free Cash Flow YoY

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Free Cash Flow Margin

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Dividends

Dividends

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Stock Price

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Market Cap: $6.5196 Billion

About Lumentum Holdings Inc.

Lumentum Holdings, Inc. engages in the provision of optical and photonic products. The company is headquartered in San Jose, California and currently employs 7,257 full-time employees. The company went IPO on 2015-07-23. Its segments include Cloud & Networking and Industrial Tech. The Cloud & Networking segment products include a comprehensive portfolio of optical and photonic components, modules, and subsystems supplied to cloud and communications network operators and network equipment manufacturers building cloud data center infrastructure, including products for artificial intelligence and machine learning (AI/ML) and data center interconnect (DCI) applications, and communications service provider networks, including products for access (local), metro (intracity), long-haul (city-to-city and worldwide), and submarine (undersea) network infrastructure. The Industrial Tech segment products include solid-state lasers, kilowatt-class fiber lasers, diode lasers, ultrafast lasers, and gas lasers, which address applications in numerous end-markets.

Industry: Communications Equipment, NEC Peers: Arista Networks, Inc. CALIX, INC CIENA CORP CISCO SYSTEMS, INC. F5, INC. VIAVI SOLUTIONS INC. JUNIPER NETWORKS INC NETSCOUT SYSTEMS INC VIASAT INC Ubiquiti Inc.