Lumen Technologies Debt-to-Equity Ratio Growth & History (LUMN)
Lumen Technologies's debt-to-equity ratio was 41.20 for fiscal 2024.
View full Lumen Technologies company overviewLumen Technologies annual debt-to-equity ratio history
| Fiscal year | Period ended | Debt-to-equity ratio | Change | Growth |
|---|---|---|---|---|
| 2024 | 2024-12-31 | 41.20 | −9.87 | −19.32% |
| 2023 | 2023-12-31 | 51.07 | 48.95 | +2307.72% |
| 2022 | 2022-12-31 | 2.12 | −0.47 | −18.20% |
| 2021 | 2021-12-31 | 2.59 | −0.42 | −13.91% |
| 2020 | 2020-12-31 | 3.01 | 0.31 | +11.31% |
| 2019 | 2019-12-31 | 2.71 | 0.89 | +48.80% |
| 2018 | 2018-12-31 | 1.82 | 0.21 | +13.25% |
| 2017 | 2017-12-31 | 1.61 | 0.11 | +7.63% |
| 2016 | 2016-12-31 | 1.49 | 0.05 | +3.73% |
| 2015 | 2015-12-31 | 1.44 | 0.07 | +5.40% |
| 2014 | 2014-12-31 | 1.36 | 0.15 | +11.90% |
| 2013 | 2013-12-31 | 1.22 | 0.15 | +14.17% |
| 2012 | 2012-12-31 | 1.07 | 0.02 | +1.89% |
| 2011 | 2011-12-31 | 1.05 | 0.29 | +38.02% |
| 2010 | 2010-12-31 | 0.76 | −0.01 | −0.86% |
| 2009 | 2009-12-31 | 0.77 | — | — |
Lumen Technologies quarterly debt-to-equity ratio
| Fiscal quarter | Period ended | Debt-to-equity ratio | Change | YoY change |
|---|---|---|---|---|
| Q1 2025 | 2025-03-31 | 62.03 | 24.41 | +64.90% |
| Q4 2024 | 2024-12-31 | 41.20 | −9.87 | −19.32% |
| Q3 2024 | 2024-09-30 | 55.03 | 45.66 | +487.60% |
| Q2 2024 | 2024-06-30 | 40.52 | 31.35 | +341.71% |
| Q1 2024 | 2024-03-31 | 37.62 | 35.77 | +1933.58% |
| Q4 2023 | 2023-12-31 | 51.07 | 48.95 | +2307.72% |
| Q3 2023 | 2023-09-30 | 9.37 | 7.33 | +359.48% |
| Q2 2023 | 2023-06-30 | 9.17 | 6.84 | +293.04% |
| Q1 2023 | 2023-03-31 | 1.85 | −0.51 | −21.48% |
| Q4 2022 | 2022-12-31 | 2.12 | −0.47 | −18.20% |
| Q3 2022 | 2022-09-30 | 2.04 | −0.66 | −24.40% |
| Q2 2022 | 2022-06-30 | 2.33 | −0.36 | −13.42% |
| Q1 2022 | 2022-03-31 | 2.36 | −0.46 | −16.33% |
| Q4 2021 | 2021-12-31 | 2.59 | −0.42 | −13.91% |
| Q3 2021 | 2021-09-30 | 2.70 | 0.29 | +11.86% |
| Q2 2021 | 2021-06-30 | 2.70 | 0.11 | +4.37% |
| Q1 2021 | 2021-03-31 | 2.82 | 0.08 | +2.98% |
| Q4 2020 | 2020-12-31 | 3.01 | 0.31 | +11.31% |
| Q3 2020 | 2020-09-30 | 2.41 | −0.29 | −10.67% |
| Q2 2020 | 2020-06-30 | 2.58 | −0.10 | −3.88% |
| Q1 2020 | 2020-03-31 | 2.73 | −0.04 | −1.53% |
| Q4 2019 | 2019-12-31 | 2.71 | 0.89 | +48.80% |
| Q3 2019 | 2019-09-30 | 2.70 | 1.10 | +68.43% |
| Q2 2019 | 2019-06-30 | 2.69 | 1.06 | +65.55% |
| Q1 2019 | 2019-03-31 | 2.78 | 1.18 | +74.16% |
| Q4 2018 | 2018-12-31 | 1.82 | 0.21 | +13.25% |
| Q3 2018 | 2018-09-30 | 1.60 | −0.33 | −16.88% |
| Q2 2018 | 2018-06-30 | 1.62 | −0.29 | −15.29% |
| Q1 2018 | 2018-03-31 | 1.59 | 0.09 | +6.20% |
| Q4 2017 | 2017-12-31 | 1.61 | 0.11 | +7.63% |
| Q3 2017 | 2017-09-30 | 1.93 | 0.51 | +35.79% |
| Q2 2017 | 2017-06-30 | 1.92 | 0.51 | +36.62% |
| Q1 2017 | 2017-03-31 | 1.50 | 0.07 | +5.23% |
| Q4 2016 | 2016-12-31 | 1.49 | 0.05 | +3.73% |
| Q3 2016 | 2016-09-30 | 1.42 | −0.01 | −0.92% |
| Q2 2016 | 2016-06-30 | 1.40 | 0.01 | +0.53% |
| Q1 2016 | 2016-03-31 | 1.43 | 0.04 | +2.98% |
| Q4 2015 | 2015-12-31 | 1.44 | 0.07 | +5.40% |
| Q3 2015 | 2015-09-30 | 1.43 | 0.15 | +11.38% |
| Q2 2015 | 2015-06-30 | 1.40 | 0.13 | +10.50% |
| Q1 2015 | 2015-03-31 | 1.39 | 0.14 | +11.14% |
| Q4 2014 | 2014-12-31 | 1.36 | 0.15 | +11.90% |
| Q3 2014 | 2014-09-30 | 1.29 | 0.05 | +4.45% |
| Q2 2014 | 2014-06-30 | 1.26 | 0.14 | +12.87% |
| Q1 2014 | 2014-03-31 | 1.25 | 0.14 | +13.07% |
| Q4 2013 | 2013-12-31 | 1.22 | 0.15 | +14.17% |
| Q3 2013 | 2013-09-30 | 1.23 | 0.27 | +27.49% |
| Q2 2013 | 2013-06-30 | 1.12 | 0.15 | +15.45% |
| Q1 2013 | 2013-03-31 | 1.10 | 0.10 | +10.09% |
| Q4 2012 | 2012-12-31 | 1.07 | 0.02 | +1.89% |
| Q3 2012 | 2012-09-30 | 0.97 | 0.00 | +0.41% |
| Q2 2012 | 2012-06-30 | 0.97 | −0.02 | −1.69% |
| Q1 2012 | 2012-03-31 | 1.00 | 0.26 | +34.92% |
| Q4 2011 | 2011-12-31 | 1.05 | 0.29 | +38.02% |
| Q3 2011 | 2011-09-30 | 0.96 | 0.23 | +30.85% |
| Q2 2011 | 2011-06-30 | 0.99 | 0.23 | +31.14% |
| Q1 2011 | 2011-03-31 | 0.74 | — | — |
| Q4 2010 | 2010-12-31 | 0.76 | −0.01 | −0.86% |
| Q3 2010 | 2010-09-30 | 0.74 | — | — |
| Q2 2010 | 2010-06-30 | 0.75 | — | — |
| Q4 2009 | 2009-12-31 | 0.77 | — | — |
Lumen Technologies debt-to-equity ratio trends
Over the last five fiscal years, Lumen Technologies's debt-to-equity ratio increased from 2.71 to 41.20, a change of 38.50. The latest reported quarter, Q1 2025, shows 62.03.
What the debt-to-equity ratio means
The debt-to-equity ratio compares interest-bearing debt with shareholders’ equity. It helps show how much debt financing a company uses relative to its accounting equity, but useful comparison levels vary by industry.
How debt-to-equity is calculated
TickerStat calculates debt-to-equity as total interest-bearing debt divided by SEC-reported shareholders’ equity for the same balance-sheet date. Total liabilities are not treated as debt, and periods with non-positive equity are omitted. Fiscal periods can differ from calendar years, so exact period-end dates are included.
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