Score Your Stock

US stock · figures in US dollars · scored on full-year results

Lumentum Lumentum Holdings Inc.

LITE · Technology · Communication Equipment
Bottom 12% of scored stocks
WeakBottom 12% of scored stocks
Weak SpotRecent Loss

Lumentum scores 38/100 on fundamentals: in the bottom 12% of 503 scored S&P 500 stocks. Its strongest area is Financial Safety (67/100); its weakest is Price Fairness (0/100). It carries 2 warning flags: Weak Spot, Recent Loss.

Best
Financial 67
Weakest
Price 0
  • Carries a Weak Spot flag
  • Carries a Recent Loss flag

An expensively priced stock, but price fairness needs attention.

What looks good
What to watch
Mkt capUS$ 76.2b#173 of 503 in the S&P 500EPSUS$ -92.96P/En/m (loss-making)P/B16×✗ vs sector median 7.4×Div yieldNo dividends paidBottom 8% in the S&P 50052w range · 68% of range184.201143.00
as of 31 Oct 2026

Nearby peers

Ranks #80 of 86 in Technology by score

#1First Solar87#78Cisco42#79CDW39
#80Lumentum38
#81Microchip Technology38#82Fortive37

One-Minute Summary

Why Lumentum scores 38

An expensively priced stock, but price fairness needs attention.

What looks good
What to watch

Business Strength

20
Why 20?
Pillar score: (0 + 2 + 0 + 0 + 0) = 2 of 10 points → 20
Return on Equity (ROE)-149%Weak4-Year Revenue Growth+19%/yrStrong4-Year Profit Growthn/m (loss-making)WeakNet Profit Marginn/m (loss-making)WeakQuarterly Momentumn/m (loss-making)Weak
Show 3 charts

Net Profit & Equity, with ROE

Net Profit ↓ -5,169.8%Equity ↑ +242.5%ROE % -149.3%
Net ProfitEquityROE %
-132m-546m26m-6.9b1.4b957m1.1b4.6b2023202420252026-9.7%-57.1%2.3%-149.3%

Revenue & Net Profit, with Net Margin

Revenue ↑ +70.6%Net Profit ↓ -5,169.8%Net Margin % -230.1%
RevenueNet ProfitNet Margin %
1.8b1.4b1.6b3.0b-132m-546m26m-6.9b2023202420252026-7.4%-40.2%1.6%-230.1%

Sales grew about 70.6% over 4 years: customers keep spending more with this company.

The company lost money in recent years: the bars below zero are losses, not profits.

Recent Quarters: Revenue & Net Profit (the last 8 quarters, scored)

Revenue ↑ +198.7%Net Profit ↓ -8,591.4%Net Margin % -711.7%
RevenueNet ProfitNet Margin %
337m402m425m481m534m666m808m1.0b-82m-61m-44m213m4m78m144m-7.2bQ3'24Q4'24Q1'25Q2'25Q3'25Q4'25Q1'26Q2'26-24.5%-15.1%-10.4%44.4%0.8%11.8%17.8%-711.7%
▼▼▼▲▲▲▲▼

Sales grew about 198.7% over the last 8 quarters: customers keep spending more with this company.

The company made a loss in at least one of the last 8 quarters: the bars below zero are losses, not profits.

Why 67?
Pillar score: (2 + 2 + 0) = 4 of 6 points → 67
Debt-to-Equity0.4×StrongCurrent Ratio1.7×StrongInterest Coverage-328×Weak
Show 2 charts

Debt vs Equity, with D/E ratio

Total Debt ↓ -41.8%Equity ↑ +242.5%D/E 0.4×
Total DebtEquityD/E
2.9b2.6b2.6b1.7b1.4b957m1.1b4.6b20232024202520262.1×2.7×2.3×0.4×

Borrowings fell about 41.8% over 4 years: the company is steadily getting safer.

Short-term assets vs bills, with Current Ratio

Current Assets ↑ +49.8%Current Liabilities ↑ +291.4%Current Ratio 1.7×
Current AssetsCurrent LiabilitiesCurrent Ratio
2.8b1.6b1.7b4.2b634m269m393m2.5b20232024202520264.4×5.9×4.4×1.7×
Why 63?
Pillar score: (0 + 2 + 1 + 2) = 5 of 8 points → 63
Dividend QualityNo dividends paidWeak
Payout ratio: -0%
Operating Cash FlowPositive & growingStrongFree Cash FlowPositive but bumpyOkayCash & Cash EquivalentsGrowing & covers near-term debtStrong
Show 3 charts

Operating vs Free Cash Flow

Operating CF ↑ +317.9%Free CF ↑ +485%
Operating CFFree CF
180m25m126m751m51m-112m-105m300m2023202420252026

The business generates real cash, and more of it each year: a very healthy sign.

Cash vs Total Debt

Cash ↑ +137.9%Total Debt ↓ -41.8%
CashTotal Debt
859m437m521m2.0b2.9b2.6b2.6b1.7b2023202420252026

Dividends per Share, with Yield

DPS (cents) → +0%Yield % 0%
DPS (cents)Yield %
000020232024202520260%0%0%0%

Dividends per share have been maintained or raised: management shares the rewards with you.

Why 0?
Pillar score: (0 + 0 + 0) = 0 of 6 points → 0
P/E Ration/m (loss-making)WeakP/B Ratio16×WeakPEG Ration/m (growth not measurable)Weak
Show chart

Share Price: Weekly Closes (not part of the score)

US$ 1103.36US$ 652.46US$ 201.56Oct '25Feb '26Jun '26Oct '26

The share price is up about 317.1% over the past year.

Why 42?
Pillar score: (0 + 2 + 0 + 2 + 1 + 0) = 5 of 12 points → 42
Earnings ConsistencyVery bumpyWeakDebt Trend (4yr)FallingStrongShare Count Trend (4yr)+10%/yrWeakInventory vs Sales (4yr)-0.3 pp/yr vs salesStrongAsset Turnover Trend (4yr)+8.1%OkayQuarterly ConsistencyLoss in 4 of 8 quartersWeak
Show chart

Revenue vs Inventory, with Inventory % of Revenue

Revenue ↑ +70.6%Inventory ↑ +69.3%Inv. % of Rev. 22.9%
RevenueInventoryInv. % of Rev.
1.8b1.4b1.6b3.0b409m398m470m692m202320242025202623.1%29.3%28.6%22.9%
Ranks #80 of 86 in Technology by score

Sector peers

#1First Solar87#78Cisco42#79CDW39
#80Lumentum (you)38
#81Microchip Technology38#82Fortive37

Full Financial History

Every reported figure behind the score, year by year. Download it, or check it against the company's own annual report.

Financial YearRevenueNet ProfitOperating Cash FlowFree Cash FlowCapExCashTotal DebtShort-Term DebtEquityCurrent AssetsCurrent LiabilitiesTotal AssetsTotal LiabilitiesInventoryDividendsReturn on Equity (ROE)Net Profit MarginDebt-to-EquityCurrent RatioInterest CoverageDiv yieldP/E RatioP/B Ratio
2026US$ 3.0bUS$ -6.9bUS$ 751.4mUS$ 300.1mUS$ -451.3mUS$ 2.0bUS$ 1.7bUS$ 1.6bUS$ 4.6bUS$ 4.2bUS$ 2.5bUS$ 7.3bUS$ 2.7bUS$ 691.6mUS$ 0.0m-149%-230%0.4×1.7×-328.0×0%-10.7×16.0×
2025US$ 1.6bUS$ 25.9mUS$ 126.3mUS$ -104.7mUS$ -231.0mUS$ 520.7mUS$ 2.6bUS$ 10.6mUS$ 1.1bUS$ 1.7bUS$ 392.8mUS$ 4.2bUS$ 3.1bUS$ 470.1mUS$ 0.0m2%2%2.3×4.4×-6.7×0%1040.6×23.8×
2024US$ 1.4bUS$ -546.5mUS$ 24.7mUS$ -112.3mUS$ -137.0mUS$ 436.7mUS$ 2.6b-US$ 957.3mUS$ 1.6bUS$ 269.3mUS$ 3.9bUS$ 3.0bUS$ 398.4mUS$ 0.0m-57%-40%2.7×5.9×-11.0×0%-11.1×6.3×
2023US$ 1.8bUS$ -131.6mUS$ 179.8mUS$ 51.3mUS$ -128.5mUS$ 859.0mUS$ 2.9bUS$ 311.6mUS$ 1.4bUS$ 2.8bUS$ 633.8mUS$ 4.6bUS$ 3.3bUS$ 408.6mUS$ 0.0m-10%-7%2.1×4.4×-1.9×0%-26.4×2.6×