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Lumen Technologies, Inc. (CTL)

Income Statement Business | Product | Geographic

Standardized | As Reported Annual | Quarterly | TTM
  Older >>
In millions, except per share itemsMar-31-23Dec-31-22Jun-30-22Mar-31-22Dec-31-21Sep-30-21Jun-30-21Mar-31-21
   10-Q8-K10-Q10-Q10-K10-Q10-Q10-Q
Revenues    18,075.018,387.018,740.019,021.019,292.019,079.0
            Revenue growth    -6.3%-3.6%-0.3%2.5%2.2%-0.5%
Cost of goods sold    8,280.08,337.08,488.08,633.08,718.08,835.0
Gross profit    9,795.010,050.010,252.010,388.010,574.010,244.0
            Gross margin    54.2%54.7%54.7%54.6%54.8%53.7%
Selling, general and administrative   [+]  2,992.02,939.02,895.03,038.03,234.03,367.0
Other operating expenses      -947.0-944.0  
EBITDA   [+]  7,750.08,058.08,304.08,294.08,293.08,311.0
            EBITDA margin    42.9%43.8%44.3%43.6%43.0%43.6%
Depreciation    2,355.02,528.02,719.02,937.03,007.03,006.0
EBITA    5,395.05,530.05,585.05,357.05,286.05,305.0
            EBITA margin    29.8%30.1%29.8%28.2%27.4%27.8%
Amortization of intangibles    1,108.01,149.01,300.01,400.01,572.01,694.0
EBIT   [+]  4,287.04,381.04,285.03,957.03,714.03,611.0
            EBIT margin    23.7%23.8%22.9%20.8%19.3%18.9%
Interest expense    1,438.01,485.01,522.01,546.01,578.01,608.0
Other income (expense), net   [+]  -200.0-26.0-62.045.084.056.0
Pre-tax income    2,649.02,870.02,701.0-186.0-422.0-583.0
Income taxes    654.0713.0668.0578.0520.0488.0
            Tax rate    24.7%24.8%24.7%-310.8%-123.2%-83.7%
Net income    1,995.02,157.02,033.0-764.0-942.0-1,071.0
            Net margin    11.0%11.7%10.8%-4.0%-4.9%-5.6%
   
Basic EPS   [+]  $1.93$2.05$1.90($0.71)($0.87)($0.99)
Diluted EPS   [+]  $1.91$2.03$1.88($0.71)($0.87)($0.99)
   
Dividends per share   [+]$0.00 $1.00$1.00$1.00$1.00$1.00$1.00
   
Shares outstanding (basic)   [+]  1,035.71,054.11,072.61,077.51,082.11,080.4
Shares outstanding (diluted)   [+]  1,041.91,061.11,080.21,083.31,087.41,084.7
   
EBIT is a non-GAAP figure that excludes all non-recurring expenses: restructuring costs, asset impairments, IPR&D writeoffs, and other unusual charges.  

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