Lumen Technologies (LUMN) FCF Margin (2009 - 2026)
Lumen Technologies (LUMN) recorded FCF Margin of 2.46% in Q2 2026, up 12.84 percentage points from -10.38% a year earlier but down 10.65 percentage points from the prior quarter.
Lumen Technologies (LUMN) FCF Margin (2009 - 2026) Analysis & Trends
On a TTM basis, Lumen Technologies' FCF Margin came in at 7.07% as of Jun 30, 2026, down 0.24 percentage points year-over-year; for FY2025, it came in at 2.99%, down 5.42 percentage points from FY2024.
- Annual FCF Margin has a five-year change of -10.50 percentage points (FY2020 to FY2025).
- Across earlier years, FCF Margin came in at 8.41% in FY2024 (+14.86 pp), -6.46% in FY2023 (-16.29 pp), 9.84% in FY2022 (-8.46 pp) and 18.29% in FY2021 (+4.80 pp).
- Quarterly FCF Margin has ranged from -35.58% in Q4 2025 to 47.62% in Q3 2025 over the past five years.
- On a year-over-year basis, FCF Margin rose in four of the last eight quarters, with an average year-over-year change of +2.90 percentage points.
- Peak year-over-year performance for FCF Margin in the last five years was a gain of 35.65 percentage points in Q3 2024, against a drop of 38.24 percentage points in Q2 2023 at the low end.
- Per Business Quant, the preceding three quarters came in at 13.11% (Q1 2026), -35.58% (Q4 2025) and 47.62% (Q3 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | FCF Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Verizon Communications | 182.16 Bn | 182.16 Bn | - | - |
| 2 | T-Mobile US | 157.79 Bn | 140.23 Bn | 15.13 Bn | 21.50% |
| 3 | At&T | 142.78 Bn | 84.25 Bn | 26.22 Bn | 16.89% |
| 4 | Grupo Televisa, S.A.B | 134.48 Bn | 126.22 Bn | 318.12 Mn | - |
| 5 | Comcast | 78.92 Bn | 44.71 Bn | - | 16.54% |
| 6 | Chunghwa Telecom | 37.61 Bn | 29.63 Bn | 728.80 Mn | 8.63% |
| 7 | Vodafone Group Public | 37.36 Bn | 6.76 Bn | - | - |
| 8 | EchoStar | 28.26 Bn | 19.35 Bn | 1.65 Bn | -2.86% |
| 9 | Bce | 18.61 Bn | 16.73 Bn | 3.38 Bn | 17.52% |
| 10 | Lumen Technologies | 4.80 Bn | -2.10 Bn | 1.39 Bn | 2.46% |
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 2.46% |
| Mar 31, 2026 | 13.11% |
| Dec 31, 2025 | -35.58% |
| Sep 30, 2025 | 47.62% |
| Jun 30, 2025 | -10.38% |
| Mar 31, 2025 | 9.55% |
| Dec 31, 2024 | -6.82% |
| Sep 30, 2024 | 36.70% |
| Jun 30, 2024 | -7.41% |
| Mar 31, 2024 | 11.82% |
| Dec 31, 2023 | -1.05% |
| Sep 30, 2023 | 1.04% |
| Jun 30, 2023 | -24.47% |
| Mar 31, 2023 | -1.20% |
| Dec 31, 2022 | 0.21% |
| Sep 30, 2022 | 6.33% |
| Jun 30, 2022 | 13.77% |
| Mar 31, 2022 | 17.07% |
| Dec 31, 2021 | 15.66% |
| Sep 30, 2021 | 21.28% |
Lumen Technologies FCF Margin API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=fcf-margin&ticker=LUMN&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "fcf-margin", "ticker": "LUMN", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()
const res = await fetch("https://data.businessquant.com/historic?slug=fcf-margin&ticker=LUMN&period=max&api_key=YOUR_API_KEY");
const data = await res.json();