Lumen Technologies (LUMN) Return on Capital Employed [ROCE] (2010 - 2026)
Lumen Technologies (LUMN) posted Return on Capital Employed [ROCE] of 0.56% for Q3 2026, up 2.10 percentage points from -1.54% a year earlier but down 0.19 percentage points from the prior quarter.
Lumen Technologies (LUMN) Return on Capital Employed [ROCE] (2010 - 2026) Analysis & Trends
For FY2025, Lumen Technologies' Return on Capital Employed [ROCE] came in at -2.75%, down 4.28 percentage points from FY2024.
- Annual Return on Capital Employed [ROCE] shows a five-year change of -4.49 percentage points (FY2020 to FY2025).
- In prior years, Lumen Technologies' Return on Capital Employed [ROCE] was 1.53% in FY2024 (+27.94 pp), -26.42% in FY2023 (-26.62 pp), 0.20% in FY2022 (-8.11 pp) and 8.32% in FY2021 (+6.58 pp).
- Quarterly Return on Capital Employed [ROCE] has run from a low of -34.53% in Q3 2023 to a high of 9.55% in Q3 2022 over five years.
- On a year-over-year basis, Return on Capital Employed [ROCE] increased in six of the last eight quarters, with an average year-over-year change of +8.87 percentage points.
- The strongest year-over-year quarter for Return on Capital Employed [ROCE] in the past five years was Q1 2025, with a gain of 35.08 percentage points; the weakest was Q3 2023, with a drop of 44.08 percentage points.
- According to Business Quant data, Return on Capital Employed [ROCE] for the three prior quarters was 0.75% (Q2 2026), -1.12% (Q1 2026) and -2.71% (Q4 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | ROCE (Qtr) |
|---|---|---|---|---|---|
| 1 | Verizon Communications | 190.79 Bn | 157.13 Bn | 27.05 Bn | 8.39% |
| 2 | T-Mobile US | 173.48 Bn | 155.91 Bn | 15.13 Bn | 10.24% |
| 3 | At&T | 147.74 Bn | 89.20 Bn | 26.22 Bn | 6.26% |
| 4 | Grupo Televisa, S.A.B | 147.02 Bn | 147.02 Bn | 960.50 Mn | 5.31% |
| 5 | Comcast | 86.74 Bn | 52.53 Bn | - | 7.98% |
| 6 | Chunghwa Telecom | 38.68 Bn | 30.69 Bn | 728.80 Mn | 2.44% |
| 7 | Vodafone Group Public | 37.42 Bn | 6.82 Bn | - | - |
| 8 | EchoStar | 27.50 Bn | 8.54 Bn | 647.20 Mn | 0.75% |
| 9 | Bce | 20.09 Bn | 18.08 Bn | 2.79 Bn | 8.92% |
| 10 | Lumen Technologies | 4.00 Bn | -1.48 Bn | 1.28 Bn | 0.56% |
Historic Data
| Date | Value |
|---|---|
| Sep 30, 2026 | 0.56% |
| Jun 30, 2026 | 0.75% |
| Mar 31, 2026 | -1.12% |
| Dec 31, 2025 | -2.71% |
| Sep 30, 2025 | -1.54% |
| Jun 30, 2025 | -0.73% |
| Mar 31, 2025 | 1.74% |
| Dec 31, 2024 | 1.53% |
| Sep 30, 2024 | -4.98% |
| Jun 30, 2024 | -4.68% |
| Mar 31, 2024 | -33.34% |
| Dec 31, 2023 | -30.49% |
| Sep 30, 2023 | -34.53% |
| Jun 30, 2023 | -26.92% |
| Mar 31, 2023 | -1.47% |
| Dec 31, 2022 | 0.21% |
| Sep 30, 2022 | 9.55% |
| Jun 30, 2022 | 8.23% |
| Mar 31, 2022 | 8.37% |
| Dec 31, 2021 | 8.41% |
Lumen Technologies Return on Capital Employed [ROCE] 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=return-on-capital-employed-%5Broce%5D&ticker=LUMN&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "return-on-capital-employed-[roce]", "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=return-on-capital-employed-%5Broce%5D&ticker=LUMN&period=max&api_key=YOUR_API_KEY");
const data = await res.json();