Lumen Technologies (LUMN) Debt to Equity (2009 - 2026)

Lumen Technologies (LUMN) recorded quarterly Debt to Equity of -$9.84 in Q1 2026, up 36.98% quarter-over-quarter from -$15.61 in Q4 2025, and down 116.1% on a YoY basis from $61.12 in Q1 2025.

Lumen Technologies (LUMN) Debt to Equity (2009 - 2026) Analysis & Trends

Lumen Technologies' Debt to Equity history runs 18 years deep, the most recent figure standing at -$9.84 for Q1 2026.

  • In Q1 2026, Debt to Equity fell 116.1% year-over-year to -$9.84; the TTM figure through Mar 2026 stood at -$9.84 (down 116.1% YoY), while the FY2025 annual figure was -$15.61, up 12.54% from the prior year.
  • Debt to Equity was -$9.84 for Q1 2026 at Lumen Technologies, up from -$15.61 in the prior quarter.
  • In the past five years, Debt to Equity ranged from a high of $61.12 in Q1 2025 to a low of -$17.85 in Q4 2024.
  • Historically, Debt to Equity has averaged $10.3 across 5 years, with a median of $1.52 in 2022.
  • The sharpest annual moves came in 2022 and 2025: Debt to Equity sank 928.59% in 2022, then soared 5835.39% in 2025.
  • A 5-year view of Debt to Equity shows it stood at -$2.7 in 2022, then jumped by 1872.9% to $47.93 in 2023, then tumbled by 137.24% to -$17.85 in 2024, then rose by 12.54% to -$15.61 in 2025, then surged by 36.98% to -$9.84 in 2026.
  • The last three Debt to Equity figures came in at -$9.84 (Q1 2026), -$15.61 (Q4 2025), and -$15.07 (Q3 2025), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Debt/Equity (Qtr)
1 Bce 382.57 Bn 381.58 Bn - 1.84
2 T-Mobile US 195.94 Bn 192.42 Bn 17.62 Bn 1.54
3 Verizon Communications 190.78 Bn 183.73 Bn 27.94 Bn 1.65
4 At&T 159.64 Bn 149.68 Bn 25.25 Bn 1.10
5 Telefonica Brasil 146.21 Bn 144.47 Bn 1.32 Bn -
6 America Movil Sab De Cv 128.31 Bn 126.27 Bn 10.13 Bn -
7 Chunghwa Telecom 109.39 Bn 107.21 Bn 719.92 Mn -
8 Millicom International Cellular 106.22 Bn 104.67 Bn - -
9 Veon 82.81 Bn 80.59 Bn - -
10 Lumen Technologies 8.90 Bn 7.28 Bn 1.46 Bn -9.84

Historic Data

Download Data
DateValue
Mar 31, 2026 -9.84
Dec 31, 2025 -15.61
Sep 30, 2025 -15.07
Mar 31, 2025 61.12
Dec 31, 2024 -17.85
Sep 30, 2024 54.26
Jun 30, 2024 18.31
Mar 31, 2024 1.03
Dec 31, 2023 47.93
Sep 30, 2023 9.23
Jun 30, 2023 19.89
Mar 31, 2023 -2.80
Dec 31, 2022 -2.70
Sep 30, 2022 2.01
Jun 30, 2022 -12.68
Mar 31, 2022 27.64
Dec 31, 2021 1.53
Sep 30, 2021 2.66
Jun 30, 2021 1.53
Mar 31, 2021 28.43