Lumen Technologies (LUMN) Divestments (2017 - 2023)

Lumen Technologies (LUMN) posted quarterly Divestments of $1.7 billion for Q4 2023, down 69.22% year-over-year from $5.7 billion in Q4 2022, and down 69.22% on a QoQ basis from $5.7 billion in Q4 2022.

Lumen Technologies (LUMN) Divestments (2017 - 2023) Analysis & Trends

Lumen Technologies (LUMN) has reported Divestments for 3 consecutive years, with $1.7 billion the latest figure, recorded in Q4 2023.

  • In Q4 2023, Divestments fell 69.22% year-over-year to $1.7 billion; the TTM figure through Dec 2024 stood at $7.4 billion (changed 0.0% YoY), while the FY2024 annual figure was $15.0 million, down 99.14% from the prior year.
  • Divestments came in at $1.7 billion for Q4 2023 at Lumen Technologies, down from $5.7 billion in the prior quarter.
  • The five-year high for Divestments was $5.7 billion in Q4 2022, with the low at $1.7 billion in Q4 2023.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Divestments (Qtr)
1 Perusahaan Perseroan Persero Pt Telekomunikasi Indonesia Tbk 1,360.11 Bn 465.10 Bn - -
2 T-Mobile US 190.40 Bn 186.88 Bn 17.62 Bn -
3 Verizon Communications 176.65 Bn 169.60 Bn 27.94 Bn -
4 At&T 143.78 Bn 133.82 Bn 25.25 Bn -4.17 Bn
5 Telecom Argentina 27.29 Bn -708.89 Bn - -
6 Charter Communications 17.55 Bn 21.72 Bn - -
7 Millicom International Cellular 15.13 Bn 13.99 Bn - -
8 Globalstar 10.40 Bn 10.04 Bn 46.63 Mn -
9 Sify Technologies 7.22 Bn 7.17 Bn 54.72 Mn -
10 Lumen Technologies 7.15 Bn 5.53 Bn 1.46 Bn -

Historic Data

Download Data
DateValue
Dec 31, 2023 1.74 Bn
Dec 31, 2022 5.66 Bn
Sep 30, 2017 -6.00 Mn